23889 County Highway 1, Fergus Falls, MN, 56537
About This Home
Check out this versatile property with many great options. Currently has a 1910 farm home in the stage of being remodeled with the exterior pretty much to a finished state and inside has been taken down to the studs. Full basement with a detached 2 stall garage built in 1978. The crowning jewels of the property are the over 5,000 sq ft of finished operational shop with current business as well as the 23.88 acres of land that it sits on. Approximately 17 acres of tillable with 3 acres of pasture. The shop was built in 2 stages. The East 1/2 in 2007 with in floor heat and the West 1/2 built in 2020. 3-phase electrical system, 2-12 ft overhead doors with 3 entry doors. 14 ft ceilings in main shop area. Separate rooms for office and break room. Views from all directions with this property as it sits atop a hill. The opportunities for use of this property are up to the buyer and their vision. The machining business itself is for sale as well but not necessary to sell to complete the property sale. Personal property as well as business assets will be removed unless otherwise negotiated as part of sale.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1910
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Basement
- Basement: Other
Bathroom
- Level: Main
Bedrooms & Bathrooms
- Bathrooms: 1
- 3/4 bathrooms: 1
Bonus Room
- Level: Main
Features
- Finished area below ground: 0
- Finished area above ground: 0
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Office
- Level: Main
Storage
- Level: Main
Utility Room
- Level: Main
Workshop
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 03000190130004
- Zoning description: Agriculture,Business/Commercial,Residential-Single Family
- Foundation area: 720
Features
- Levels: One and One Half
- Stories: 1
Lot
- Lot size: 23.88 Acres
- Lot size dimensions: Irregular
Parking
- Total spaces: 2
- Parking features: Detached Garage,Other
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Strong Wind
- Tornado
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Otter Tail County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $327 | $3,924 |
| Property Taxes | $470 | $5,640 |
| Electricity | $170 | $2,050 |
| Total | $3,748 | $44,976 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $650,000 |
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