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$399,900

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,650 Sq. Ft.
  • 2 Car Garage
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Welcome to effortless lakeside living in this inviting 4-bedroom home on 3.36 wooded acres, boasting approximately 500 feet of private shoreline on scenic Bear Lake. With over 2,600 sq ft of thoughtfully designed living space, this well-maintained property blends comfort with nature's beauty. Inside, you'll find brand-new carpet, sun-filled rooms framed by large windows, and serene views of the lake and surrounding woods. The walkout lower level offers easy outdoor access, with the potential to add a 5th bedroom by installing an egress window. The attached two-car garage, generous storage areas, and RV hookups with septic add to the home's functionality. Outside, enjoy two docks for lake adventures, apple trees for seasonal treats, and plenty of room to roam. Whether you're sipping morning coffee on the deck, watching wildlife wander through the trees, or launching a kayak from your own shoreline, this home makes it easy to relax and recharge. Located just minutes from both Perham and New York Mills, this peaceful retreat offers the perfect blend of privacy, convenience, and lakeside charm.

Full Property Details for 51800 500th St

General

  • Price: $399,900
  • Taxes: $3,280 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6755237
  • Updated: 12/29/2025
  • Added to Site: 186 day(s) ago

Interior

  • Fireplace(s): Gas
  • Appliances: Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Amenities: Balcony, Dock

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage

Location

  • County: Otter Tail
  • Township: Menahga
  • Driving Directions: From County Hwy 8, north to County Hwy 53, left to St. John's Lutheran, right on 497th to T, left on 505th. Follow curve on 500th to property.

School Information

  • School District: 1962 - New York Mills
  • High School District: New York Mills

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Fireplace(s)
  • Heating Fuel: Propane

Utilities

  • Sewer: Private Sewer, Tank with Drainage Field
  • Water: Private

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Partially Finished, Walk-Out
  • Foundation Size: 1288
  • Disability Access: None
  • Square Feet: 2,650
  • Above Ground: 2,000 Sq. Ft.
  • Below Ground: 1,000 Sq. Ft.
  • Year Built: 1993

Lot Features

  • Lot Size (Acres): 3.36
  • Zoning: Residential-Single Family

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 567
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $3,280
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash, USDA

Disclosures and Reports

  • Legal Description: SECT-18 TWP-137 RANGE-037 3.36 AC PART GL 1 COM NW COR SEC 18 E 1538' TO BG E 500' S TO LAKE WLY ALONG LAKE TO LN BEARS S FROM BG N TO BG
  • Property ID: 7000180120004

Listed by eXp Realty

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— 51800 500th St —

  • eXp Realty

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NMLS#: 1598647

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Schools serving 51800 500th St

School District:New York Mills Public School District
NameGradesDistance
New York Mills Elementary School
209 Hayes St, New York Mills, MN 56567
PK-611.5 mi
New York Mills Secondary
209 Hayes St, New York Mills, MN 56567
7-1211.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 51800 500th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/22/2025
Price Reduced
$399,900
-3.64%
MLS
8/14/2025
Price Reduced
$415,000
-3.49%
MLS
8/12/2025
Price Reduced
$430,000
-4.44%
MLS
7/15/2025
Listed
$450,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 51800 500th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,280
-8%
$419,200
3%
2023
$3,552
—
$405,900
11%
2023
$3,552
-1%
$366,700
20%
2022
$3,596
-3%
$305,300
7%
2020
$3,702
14%
$285,600
3%
2019
$3,246
15%
$276,500
7%
2018
$2,832
-4%
$257,500
-3%
2017
$2,956
1%
$264,900
6%
2016
$2,930
10%
$250,500
3%
2015
$2,666
6%
$244,300
-1%
2014
$2,522
—
$246,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by eXp Realty

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51800 500th Street, Menahga, MN 56464 (MLS# 6755237) is a Single Family property with 4 bedrooms and 2 full bathrooms. 51800 500th Street is currently listed for $399,900 and was received on July 15, 2025. Want to learn more about 51800 500th Street? Do you have questions about finding other Single Family real estate for sale in Menahga? You can browse all Menahga real estate or contact a Coldwell Banker agent to request more information.

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