$509,900
Original price: $519,900
2 Beds
2 Baths
832 sqft (on 0.54 acres)
48475 197th Ave, McGregor, MN 55760
Est. Mortgage $3,078/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2020
0.54 acre lot
$613/sqft
2 Car Garage
Local Information
- Map ViewExplore the area around 48475 197th Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 8 hours ago
Listing courtesy of Kari Elizabeth Horbacz, (218) 851-7924
Statement Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7078379
Also Listed on NorthstarMLS as distributed by MLS GRID.
Home Details for 48475 197th Ave
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MLS Status: Active |
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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 |
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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 |
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Cumulative Days on Market: 1Days on Market: 123 |
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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 |
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Price List Price: $509,900Price Per Sqft: $613 |
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Direction & Address City: McGregorCommunity: Sheshebe Point |
School Information High School District: McGregor |
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Listing Agent Listing ID: 7078379 |
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Building Area Building Area: 832 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 0.54 acres |
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Contingencies: None |
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BasementMls Number: 7078379Above Grade Unfinished Area: 832 |
Around this home
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.
Market trends in McGregor
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
39
2MoM
Home Value
Trulia Estimate
$503KSince last month
Increased$5K (+1%)Since last year
Increased$175K (+53.3%)Since last sale
Increased$388K (+337%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +263% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $503K |
| August 2026 | $498K |
| July 2026 | $507K |
| June 2026 | $517K |
| May 2026 | $529K |
| April 2026 | $337K |
| March 2026 | $329K |
| February 2026 | $329K |
| January 2026 | $320K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Single-Family Home | $305,000 | 06/12/26 | 2 | 1 | 848 | |
0.68 | Single-Family Home | $310,000 | 07/08/26 | 3 | 2 | 1,344 | |
0.86 | Single-Family Home | $290,000 | 08/24/26 | 2 | 1 | 988 | |
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 | |
1.03 | Single-Family Home | $375,000 | 07/31/26 | 1 | 1 | 807 | |
0.66 | Single-Family Home | $345,000 | 05/22/26 | 1 | 562 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $269,700 | 2 | 1 | 860 | Off Market | |
0.07 | $429,500 | 3 | 2.5 | 2,520 | Off Market | |
0.10 | $16,000 | - | - | - | Recently Sold | |
0.10 | $247,000 | 2 | 2 | 896 | Off Market | |
0.11 | $40,000 | - | - | - | Recently Sold | |
0.14 | $297,400 | 2 | 1 | 832 | Off Market | |
0.24 | $359,900 | 3 | 3 | 1,804 | For Sale | |
0.24 | $324,500 | 3 | 1 | 1,152 | Off Market | |
0.25 | $384,900 | 2 | 1 | 977 | For Sale | |
0.26 | $177,200 | 2 | 1 | 768 | Off Market | |
0.30 | $561,800 | 3 | 2.5 | 2,280 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 4, 2026 Source: NorthstarMLS as distributed by MLS GRID #7078379 | PriceChange | $509,900 Price decreased by 2% |
Jul 2, 2026 Source: NorthstarMLS as distributed by MLS GRID #7078379 | PriceChange | $519,900 Price decreased by 2% |
May 22, 2026 Source: NorthstarMLS as distributed by MLS GRID #7078379 | Listed For Sale | $529,900 |
Sep 20, 2019 Source: NorthstarMLS as distributed by MLS GRID #4974982 | Sold | $115,000 |
Aug 25, 2019 Source: Agent Provided | Pending | $129,900 |
Aug 24, 2019 Source: Agent Provided | PriceChange | $129,900 Price decreased by 7% |
Jul 2, 2018 Source: Agent Provided | Listed For Sale | $139,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,195 | $378,326 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kari Elizabeth Horbacz, Statement Realty
Agent Phone: (218) 851-7924
Based on information submitted to the MLS GRID as of 2026-09-22 01:18:27 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
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Frequently asked questions about 48475 197th Ave
- What is the estimated monthly payment for 48475 197th Ave?Based on a $509,900 list price with 20% down at today's rates, the estimated monthly payment for 48475 197th Ave in McGregor, MN is approximately $3,097 (about $2,780 principal & interest, $242 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 48475 197th Ave?The closest schools to 48475 197th Ave in McGregor, MN are Mcgregor Elementary School (Pre-K, rated 7/10), Mcgregor Secondary (Middle/High, rated 6/10).
- What is 48475 197th Ave estimated to be worth?Trulia's estimated value for 48475 197th Ave in McGregor, MN is $502,500.
- Does 48475 197th Ave have air conditioning?Yes, 48475 197th Ave in McGregor, MN has air conditioning.
- Does 48475 197th Ave have laundry facilities?Yes, 48475 197th Ave in McGregor, MN has in-unit laundry.
- How big is the lot at 48475 197th Ave?The lot at 48475 197th Ave in McGregor, MN is about 0.54 acres (23,522 sq ft).
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.