48405 197th Avenue McGregor, MN $ 440,000
48405 197th Avenue
$ 440,000
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48405 197th Avenue

McGregor, MN, 55760
$ 440,000
Bedrooms3 Baths2.0 Sq 1,408

Monthly Estimate*

$ 3,039

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Single Family Home for sale in McGregor, MN

for $440,000 with 3 bedrooms and 2 full baths. This 1,408 square foot home was built in 1987 on a lot size of 0.548.

Enjoy year-round living on Lake Minnewawa with 70 feet of nice shoreline, gradual elevation to the water, and a beautiful yard shaded by mature trees. This 3-bedroom, 2-bath home features a comfortable living room with a fireplace and a family room with a walkout basement. A lakeside deck with great views of the water can be accessed from the living room and dining room making indoor and outdoor living seamless. One bedroom and full bath are located on the main floor, while the walkout lower level has a family room and two additional bedrooms, including one with direct access to the lakeside patio. The gently sloping yard leads down to the water's edge, with plenty of space to enjoy the outdoors and spend evenings around a fire. A detached two-stall garage has an unfinished bonus room above, adding extra space for storage or future use. Plenty of space to make this place your own and enjoy lake life for years to come.

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Single Family Active

Price

$ 440,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,833

Style

Single Family

Lot Size

0.548

Year Built

1987

Town/City

McGregor

County/Region

Aitkin

MLS | Web ID

7157215

Features
General
Living Area 1408
Sewer Septic System Compliant - Yes Tank with Drainage Field
Heating Other Wood Stove
Cooling None
Roof Asphalt
Appliances Range Refrigerator
HOA Fee 0
Garage Spaces 2
Pool Features None
Construction Materials Frame
Year Built 1987
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Aitkin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Sheshebe Point
Full Baths 1
Directions From McGregor head north on Hwy 65 to a right on CR 6 (Goshawk) to a left on 188th stay to the left to property on 197th
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 1833
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=xtqJMaijmkM&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Deck Kitchen Window Patio
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Interior
Basement Finished Full Walkout
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 704
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features In Basement Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 704
Total Baths 2
Bath Desc 3/4 Basement Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Foundation Dimensions 22x32
Fuel Propane Wood
Garage Dimensions 24x28
Garage Square Feet 672
Waterfront Feet 70
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Exterior
Parking Features Detached Garage Gravel
Lot Features Accessible Shoreline Tree Coverage - Medium
Water Source Drilled Private
Lot Size Area 0.548
Building Area Total 1408
Lot Dimensions 70x480
Waterfront Y/N Y
Foundation Area 704
Road Frontage Type Township
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 48405
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* Excluded Features
List By
Statement Realty

Broker

karihorbacz@yahoo.com

Email

Affordability Calculator

$3,192
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,039
Monthly Property Taxes
$153
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
10/8/2026$440,000 Listed Price

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48405 197th Avenue, McGregor, MN, 55760 is a Single Family Home for sale at $440,000 with 1,408 sqft and a lot size of 0.548. 48405 197th Avenue has 3 bedrooms, 2.0 baths, and was built in 1987. The property's zip code is 55760 which is in McGregor, MN