48475 197th Ave, McGregor, MN 55760
FOR SALE
3D VIEW
0.54 ACRES

48475 197th Ave
McGregor, MN 55760

  • 2 Beds
  • 2 Baths
  • 832 sqft (on 0.54 acres)

$529,900

Est. Mortgage $2,976/mo*

$529,900

Est. Mortgage $2,976/mo*
2 Beds
2 Baths
832 sqft
(on 0.54 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$637
Listed
26 days ago

Home Details for 48475 197th Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Crawl Space,Storage Space,UnfinishedNumber of Rooms: 4Types of Rooms: Bedroom, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 832 Square FeetFoundation Area: 832
Appliances & Utilities
Appliances: Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 200+ Amp Service, Power Company: Lake Country PowerGas: Propane
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: No Stairs Internal
View
No View

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckOther Structures: Garage(s), Storage ShedFoundation: WoodNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (27x26)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Detached Garage,Gravel,Asphalt,Garage,Heated Garage
Pool
Pool: None
Frontage
WaterfrontWaterfront: Lake Front, Waterfront Elevation(10-15), Lake Bottom(Gravel, Hard)Road Frontage: TownshipResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Septic System Compliant - Yes, Tank with Drainage Field
Farm & Range
Frontage Length: Water Frontage: 50
Finished Area
Finished Area (above surface): 832 Square Feet

Days on Market

Cumulative Days on Market: 1Days on Market: 26

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: Post and Beam, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 291155200

Price & Status

Price
List Price: $529,900Price Per Sqft: $637

Location

Direction & Address
City: McGregorCommunity: Sheshebe Point
School Information
High School District: McGregor

Agent Information

Listing Agent
Listing ID: 7078379

Building

Building Area
Building Area: 832 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.54 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7078379Above Grade Unfinished Area: 832
Last check for updates: about 1 hour ago
Listing courtesy of Kari Elizabeth Horbacz, (218) 851-7924
Statement Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7078379

Market trends in McGregor

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
42
10
MoM

Price History for 48475 197th Ave

DatePriceEventSource
05/22/2026$529,900Listed For SaleNorthstarMLS as distributed by MLS GRID #7078379
09/20/2019$115,000Sold
NorthstarMLS as distributed by MLS GRID #4974982
08/25/2019$129,900PendingAgent Provided
08/24/2019$129,900PriceChange
Agent Provided
07/02/2018$139,900Listed For SaleAgent Provided

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 48475 197th Ave

Skip to last item
Skip to first item

Property Tax and Assessment

Year2025
Tax$2,195
Assessment$378,326
Home facts updated by county records

Comparable Sales for 48475 197th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$265,000
06/30/25
2
1
860
0.40
Single-Family Home
$305,000
06/12/26
2
1
848
0.07
Single-Family Home
$415,000
08/04/25
3
2.5
2,520
0.36
Single-Family Home
$575,000
06/24/25
3
1
1,422
0.96
Single-Family Home
$266,000
02/06/26
2
1
740
1.11
Single-Family Home
$215,000
11/04/25
2
1.5
1,204
1.01
Single-Family Home
$275,000
06/12/26
1
1
768
0.84
Single-Family Home
$479,000
10/03/25
3
2
1,976
0.90
Single-Family Home
$342,000
10/10/25
2
1
1,405
1.02
Single-Family Home
$465,000
09/11/25
2
2
1,872

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

What Locals Say about McGregor

At least 1 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say there are community events

  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say kids play outside

  • 83 % Say there's holiday spirit

  • 67 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 50 % Say they plan to stay for at least 5 years

  • 33 % Say there are sidewalks

  • 25 % Say it's walkable to restaurants

  • 17 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Nancy.woj
    "Long commute with no public transportation. If we are commuting to the Twin cities it is 1:45-2 hours one way. I think that would be hard especially in bad weather."

LGBTQ Local Legal Protections

Kari Elizabeth Horbacz, Statement Realty
Agent Phone: (218) 851-7924
Based on information submitted to the MLS GRID as of 2026-06-18 03:53:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
48475 197th Ave, McGregor, MN 55760 is a 2 bedroom, 2 bathroom, 832 sqft single-family home built in 2020. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on May 22, 2026. The MLS # for this home is MLS# 7078379.