Building Details

Year Built 1960

Listing Agency: Counselor Realty Detroit Lakes m***@hometwincities.com Show Phone

Listed By: The Antonov Group Show Phone

Source: Theantonovgroup

Added: Aug 15 Changed: Aug 29 Last Checked: Aug 26 at 12:57PM

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Investment Insights

Based on property information with market context.

This 9,424-square-foot lakefront property combines a substantial short-term rental operation with dedicated private living space. The 10-bedroom layout includes a themed rental wing designed to sleep 20+ guests and a separate 2BR+office/1BA owner’s residence above the garage. Two large great rooms feature stone fireplaces and lake views, while a two-story indoor solarium incorporates a waterfall and live trees. A private cinema suite adds another distinctive amenity for group stays and events.

The estate occupies a double lot with 298 feet of wooded shoreline on Wymer Lake. It is currently operated as the Karinall Estate and is located 15 minutes from Detroit Lakes. Originally built in 1960, the property offers a configuration suited to short-term rental use, retreats, and multi-generational occupancy.

Key Highlights

• 9,424‑square‑foot lakefront property on Wymer Lake
• 298' of wooded private shoreline on a double lot
• 10 bedrooms, including a rental wing designed to sleep 20+ guests

Property Analytics

Property Profile

Current Use

Karinall Estate on Wymer ... Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Auto Repair Shop Kitchen & Bath Showroom Nursing Home Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Explore this area Business Placement

Demographics for 56544, MN

5,361

Population

2,735

Households

2

Avg Household Size

41

Median Age

21%

College-Educated

93%

High-School Grad

198.0 sq mi

ZIP Area

27

Density / Sq Mi

$72,742

Median Household Income

$40,625

Median Earnings

$882

Median Rent

$235,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Short term rental property - Large lakefront property with separate rental and owner living areas, indoor solarium, cinema suite, and multiple gathering spaces.

Where is this short term rental property located?

The property is located at 51097 E Wymer Lake Road #1 Frazee, MN.

What is the asking price?

The asking price for this property is $779,000.

What are key features of this property?

This property features: 9,424‑square‑foot lakefront property on Wymer Lake; 298' of wooded private shoreline on a double lot; 10 bedrooms, including a rental wing designed to sleep 20+ guests