48470 197th Avenue, Mcgregor, MN 55760

New Listing
$439,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,520 Lot Size (sq. ft.): 29,621 Status: Active
Current Price: $439,000 List Date: 5/15/2026 Last Modified: 5/17/2026

Overview

Description

Located in the Sheshebe Point area across the road from Lake Minnewawa, this 0.68-acre property offers a well-designed home with convenient access to outdoor recreation, nearby lakes, and public boat launches. Situated near Big Sandy Lake, the property provides opportunities for boating, fishing, and seasonal enjoyment in a setting surrounded by north-central Minnesota lakes and wooded landscapes. The home features approximately three bedrooms and three bathrooms with an open floor plan designed to maximize living and gathering space. Large windows throughout the home provide substantial natural light to the main living areas. The layout includes both a spacious living room and an additional family room, offering flexibility for daily living, entertaining, hobbies, or guest space. The kitchen and dining area connect seamlessly within the open-concept design, and a private deck located off the dining room provides an outdoor space for relaxing or dining outside during warmer months. The primary bedroom includes its own private deck along with a walkthrough closet and an attached primary bathroom. An office space is also included within the home, allowing room for remote work, hobbies, or additional storage and organization needs. Recent updates include brand-new shingles, contributing to the overall maintenance and functionality of the property. Outside, the property includes a private yard with patio space suitable for outdoor seating, grilling, or gatherings. The lot offers a combination of open yard space and privacy while remaining conveniently located near area lakes and recreational amenities. A large heated two-stall garage provides space for vehicles, tools, recreational equipment, or seasonal storage. With nearby public boat access points located just down the road, the property is positioned for convenient access to Lake Minnewawa and the surrounding lake region. The location places the property within reach of additional recreational opportunities throughout Aitkin County, including boating, fishing, snowmobiling, ATV riding, and year-round outdoor activities. Whether used as a primary residence, seasonal getaway, or recreational property, this home offers a functional layout, outdoor living areas, and access to nearby water recreation in the Sheshebe Point area.

Listing Details MLS# 7073517

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
Yes
Waterfront Present
No
Year Built
2009
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Above Grd Total SqFt
1344
Below Grd Total SqFt
1176
Total SqFt
2520
Total Finished Sqft
2520.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnewawa
Style
(SF) Single Family
Foundation Size
1344
Garage Stalls
2
Acres
0.68
Assessment Pending
No
Lot Dimensions
No
Bath Quarter
0
Main Floor Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System Bath Description: Upper Level 1/2 Bath; 3/4 Primary; Full Basement Construction Status: Previously Owned Exterior: Brick/Stone; Log Siding Fireplace Characteristics: Family Room Foundation: Poured Concrete Fuel: Electric; Propane Heating: Forced Air; In-Floor Heating Laundry: Lower Level Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: Private Sewer; Septic System Compliant - Yes Stories: Bi-Level Water: Well Waterfront View: Lake

Contract Information

Contingency
None
Original List Price
439000
ListPrice
439000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
48470
Street Name
197th
Street Suffix
Avenue
Postal City
Mcgregor
County
Aitkin
State
MN
Zip Code
55760
Complex/Dev/Subdivision
Sheshebe Point

Assessments

Tax With Assessments
1900
Assessment Balance
0

Basement

Foundation Dimensions
42x28

More Information

Building Information

Finished SqFt Above Ground
1344
Finished SqFt Below Ground
1176

Lake Details

Lake Acres
2451
Lake Depth
20

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
32x28
Garage Square Feet
896

Public Survey Info

Range#
23
Section#
21
Township#
49

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOTS 314, 315, 316
Listing City
Mcgregor
Map Page
999
Municipality
McGregor
School District
McGregor
School District Phone
218-768-2111
DNR Lake ID#
01003300
DNR Lake Classification
General Development
Property ID Number
291174400
Tax Year
2026
Tax Amount
1900
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Located in the Sheshebe Point area across the road from Lake Minnewawa, this 0.68-acre property offers a well-designed home with convenient access to outdoor recreation, nearby lakes, and public boat launches. Situated near Big Sandy Lake, the property provides opportunities for boating, fishing, and seasonal enjoyment in a setting surrounded by north-central Minnesota lakes and wooded landscapes. The home features approximately three bedrooms and three bathrooms with an open floor plan designed to maximize living and gathering space. Large windows throughout the home provide substantial natural light to the main living areas. The layout includes both a spacious living room and an additional family room, offering flexibility for daily living, entertaining, hobbies, or guest space. The kitchen and dining area connect seamlessly within the open-concept design, and a private deck located off the dining room provides an outdoor space for relaxing or dining outside during warmer months. The primary bedroom includes its own private deck along with a walkthrough closet and an attached primary bathroom. An office space is also included within the home, allowing room for remote work, hobbies, or additional storage and organization needs. Recent updates include brand-new shingles, contributing to the overall maintenance and functionality of the property. Outside, the property includes a private yard with patio space suitable for outdoor seating, grilling, or gatherings. The lot offers a combination of open yard space and privacy while remaining conveniently located near area lakes and recreational amenities. A large heated two-stall garage provides space for vehicles, tools, recreational equipment, or seasonal storage. With nearby public boat access points located just down the road, the property is positioned for convenient access to Lake Minnewawa and the surrounding lake region. The location places the property within reach of additional recreational opportunities throughout Aitkin County, including boating, fishing, snowmobiling, ATV riding, and year-round outdoor activities. Whether used as a primary residence, seasonal getaway, or recreational property, this home offers a functional layout, outdoor living areas, and access to nearby water recreation in the Sheshebe Point area.
Directions
From McGregor North on Highway 65, Right on Goshawk St, Left on 188th Ave, Left on 484th St, Property will be on the right.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes

Bath Description

Upper Level 1/2 Bath
Yes
3/4 Primary
Yes
Full Basement
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Log Siding
Yes

Fireplace Characteristics

Family Room
Yes

Foundation

Poured Concrete
Yes

Fuel

Electric
Yes
Propane
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake View
Yes

Laundry

Lower Level
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

Private Sewer
Yes
Septic System Compliant - Yes
Yes

Stories

Bi-Level
Yes

Water

Well
Yes

Waterfront View

Lake
Yes

Room Information

Dining Room Dimensions: 12x14 Level: Upper Family Room Dimensions: 14x27 Level: Upper First (1st) Bedroom Dimensions: 13x13 Level: Upper Foyer Dimensions: 10x7 Level: Main Kitchen Dimensions: 15x14 Level: Upper Laundry Dimensions: 9x7 Level: Lower Living Room Dimensions: 19x16 Level: Lower Office Dimensions: 9x15 Level: Lower Second (2nd) Bedroom Dimensions: 11x12 Level: Lower Third (3rd) Bedroom Dimensions: 13x11 Level: Lower
Listing Office: Whitetail Properties Real Estate
IDX
Last Updated: May - 17 - 2026
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