48475 197th Avenue McGregor, MN $ 509,900
48475 197th Avenue
$ 509,900
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48475 197th Avenue

McGregor, MN, 55760
$ 509,900
Bedrooms2 Baths2.0 Sq 832

Monthly Estimate*

$ 3,522

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Single Family Home for sale in McGregor, MN

for $509,900 with 2 bedrooms and 2 full baths. This 832 square foot home was built in 2020 on a lot size of 0.54.

Set along 50 feet of hard-sand shoreline on Lake Minnewawa, this 2020-built home keeps lake living simple in all the right ways. The one-level layout is comfortable and easy to settle into, with 2 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet and private bath. The main living spaces feel open and bright without being oversized, and everything throughout the home has been exceptionally well kept. An attached garage handles parking and storage, while the additional 24x 36 detached garage and storage shed give you extra space for projects, tools or toys. Down by the water, the lakeside shed is a feature you do not often find and makes it easy to keep chairs, fishing gear, and lake essentials close to the shoreline instead of hauling everything back and forth. From the shoreline to the condition of the home itself, this property has been clearly cared for and is ready for its next chapter without a long to-do list waiting for you.

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Single Family Active

Price

$ 509,900

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 2,225

Style

Single Family

Lot Size

0.54

Year Built

2020

Town/City

McGregor

County/Region

Aitkin

MLS | Web ID

7078379

Features
General
Living Area 832
Sewer Septic System Compliant - Yes Tank with Drainage Field
Heating Forced Air
Cooling Central Air
Roof Metal
Appliances Dishwasher Dryer Fuel Tank - Owned Range Refrigerator Washer
HOA Fee 0
Garage Spaces 2
Pool Features None
Construction Materials Post and Beam Frame
Year Built 2020
Electric 200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility No Stairs Internal
County Aitkin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Sheshebe Point
Other Structures Garage(s) Storage Shed
Full Baths 1
Directions From McGregor head north on Hwy 65 to a right on Goshawk (CR 6). Take a left on 188th Sheshebe Point and stay to the left to property on left.
City McGregor
High School District McGregor
Zoning Description Shoreline Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2225
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/d72dad41-7f8d-49d8-8eab-988157d85387?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Kitchen Window Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Washer/Dryer Hookup
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Interior
Basement Crawl Space Storage Space Unfinished Wood
Total Fireplaces 0
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 832
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
Bath Desc Main Floor 3/4 Bath Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Foundation Dimensions 26x32
Fuel Propane
Garage Dimensions 27x26
Garage Square Feet 572
Waterfront Feet 50
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Exterior
Parking Features Attached Garage Detached Garage Gravel Asphalt Finished Garage Heated Garage
Lot Features Accessible Shoreline
Water Source Drilled Well
Lot Size Area 0.54
Building Area Total 832
Lot Dimensions 50x478
Waterfront Y/N Y
Foundation Area 832
Road Frontage Type Township
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 48475
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* Excluded Features
List By
Statement Realty

Broker

karihorbacz@yahoo.com

Email

Affordability Calculator

$3,707
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,522
Monthly Property Taxes
$185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709390 Elementary School
708377 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2026$509,900 -1.92% Price Down
7/2/2026$519,900 -1.89% Price Down
5/22/2026$529,900 Listed Price

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48475 197th Avenue, McGregor, MN, 55760 is a Single Family Home for sale at $509,900 with 832 sqft and a lot size of 0.54. 48475 197th Avenue has 2 bedrooms, 2.0 baths, and was built in 2020. The property's zip code is 55760 which is in McGregor, MN