48894 386th Place, Palisade, MN 56469

$480,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,633 Lot Size (sq. ft.): 71,874 Status: Active
Current Price: $480,000 List Date: 3/01/2026 Last Modified: 4/17/2026

Overview

Description

Incredible opportunity to have it all on Round Lake! East facing lot is 1.65 acres in size with gradual elevation to 100’ of excellent sand shoreline! A great place to catch the awe-inspiring sunrises and enjoy excellent swimming with the amazing sand bottom. The nicely appointed cabin has plenty of room for all and features a living room with free standing, gas, Heat & Glo fireplace, a family room, kitchen with informal dining, 4 bedrooms, a large full bath and additional ¾ bath, large laundry room and foyer. The partial basement area houses the well pressure tank and has plenty of storage space. Don’t miss the 40x48 pole building, 14x24 detached garage and 8x10 storage shed! Property is being sold “turn-key”, as is, including furnishings, kitchenware, linens, dock, 2001 Crestliner Sport LX pontoon with 40HP Evinrude motor, electric pontoon lift, pontoon trailer, 2 additional boat lifts, John Deere lawn tractor with leaf vacuum and trailer, patio set, grill, lake toys, etc. It doesn’t get any better than this with an excellent lake featuring beautiful clear water, sand shore and everything you need to start making your dreams come true! Fiber internet is available at the street through Tremolo Communications. Note: County information shows primary structure is frame, remainder is mobile home.

Listing Details MLS# 7028555

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?
No
Waterfront Frontage
100
Waterfront Present
Yes
Year Built
1967
Yearly/Seasonal
Seasonal
Zoning
Shoreline, Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1537
Above Grd Total SqFt
1537
Below Grd Total SqFt
96
Total SqFt
1633
Total Finished Sqft
1537.00
FireplaceYN
Yes
Lake/Waterfront Name
Round Lake (Waukenabo Twp.)
Style
(SF) Single Family
Foundation Size
1537
Power Company
Mille Lacs Energy Co-op
Garage Stalls
9
Lot Dimensions
100x299x130x174x260x174x30x279
Acres
1.65
Assessment Pending
No
# Carport Spaces
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: No Stairs External Air Conditioning: None Amenities Unit: Ceiling Fan(s); Deck; Dock; Kitchen Window; Natural Woodwork; Paneled Doors; Washer/Dryer Hookup Appliances: Dryer; Fuel Tank - Owned; Microwave; Range; Refrigerator; Washer Basement: Concrete Block; Partial; Storage Space; Unfinished Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath Construction Materials: Frame; Other Construction Status: Previously Owned Dining Room Description: Informal Dining Room Electric: Circuit Breakers; Fuses Elevation Highpoint to Waterfront Slope: Gradual Exterior: Vinyl Family Room Characteristics: Main Level Fireplace Characteristics: Free Standing; Gas Burning Foundation: Concrete Block; Pillar/Post/Pier; Slab Fuel: Oil; Propane Heating: Forced Air; Other Internet Options: Fiber Optic Lake Details: Excellent Sand; Hard Laundry: Electric Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup Lock Box Type: SentriLock Lot Description: Tree Coverage - Medium; Underground Utilities Outbuildings: Additional Garage; Pole Building Parking Characteristics: Multiple Garages; Garage Door Opener Property Subtype: Cabin Road Frontage: Private Road; Unpaved Streets Road Responsibility: Private Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: Private Sewer; Septic System Compliant - No; Tank with Drainage Field Special Search: Main Floor Bedroom; Main Floor Laundry Stories: One Water: 4-Inch Submersible; Private; Well Waterfront View: Lake; East

Contract Information

Contingency
Inspection
Original List Price
505000
ListPrice
480000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
48894
Street Name
386th
Street Suffix
Place
Postal City
Palisade
County
Aitkin
State
MN
Zip Code
56469

Assessments

Tax With Assessments
2006
Assessment Balance
0

Basement

Foundation Dimensions
24x6x23x48x10x11x13x19x24x24
Concrete Block
Yes
Partial
Yes
Storage Space
Yes
Unfinished
Yes

More Information

Building Information

Finished SqFt Above Ground
1537

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
645
Lake Depth
58
Excellent Sand
Yes
Hard
Yes

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
GLAR
SentriLock
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
14x24 40x48
Garage Square Feet
2256
Multiple Garages
Yes
Garage Door Opener
Yes

Public Survey Info

Range#
26
Section#
20
Township#
49

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
S 100' of N 790' Exc W 1230' & E 175' of W 1230' of N 259.63' of S 660.37' of Lot 1 as in CT #1946 (legal to govern). PID #35-0-033603.
Listing City
Palisade
Map Page
999
Municipality
Palisade
School District
Aitkin
School District Phone
218-927-2115
DNR Lake ID#
01013700
DNR Lake Classification
Recreational Development
Property ID Number
350033603
Tax Year
2025
Tax Amount
2006
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible opportunity to have it all on Round Lake! East facing lot is 1.65 acres in size with gradual elevation to 100’ of excellent sand shoreline! A great place to catch the awe-inspiring sunrises and enjoy excellent swimming with the amazing sand bottom. The nicely appointed cabin has plenty of room for all and features a living room with free standing, gas, Heat & Glo fireplace, a family room, kitchen with informal dining, 4 bedrooms, a large full bath and additional ¾ bath, large laundry room and foyer. The partial basement area houses the well pressure tank and has plenty of storage space. Don’t miss the 40x48 pole building, 14x24 detached garage and 8x10 storage shed! Property is being sold “turn-key”, as is, including furnishings, kitchenware, linens, dock, 2001 Crestliner Sport LX pontoon with 40HP Evinrude motor, electric pontoon lift, pontoon trailer, 2 additional boat lifts, John Deere lawn tractor with leaf vacuum and trailer, patio set, grill, lake toys, etc. It doesn’t get any better than this with an excellent lake featuring beautiful clear water, sand shore and everything you need to start making your dreams come true! Fiber internet is available at the street through Tremolo Communications. Note: County information shows primary structure is frame, remainder is mobile home.
Directions
From Aitkin, North on US Hwy 169 to Left on County Rd 3 (Grove St.) to Right on 491st Ln. to Right on 386th Place to sign on left (property extends across street).

Accessible

No Stairs External
Yes

Air Conditioning

None
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Deck
Yes
Dock
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Washer/Dryer Hookup
Yes

Appliances

Dryer
Yes
Fuel Tank - Owned
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Main Floor Full Bath
Yes

Construction Materials

Frame
Yes
Other
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Informal Dining Room
Yes

Electric

Circuit Breakers
Yes
Fuses
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Vinyl
Yes

Family Room Characteristics

Main Level
Yes

Fireplace Characteristics

Free Standing
Yes
Gas Burning
Yes

Foundation

Concrete Block
Yes
Pillar/Post/Pier
Yes
Slab
Yes

Fuel

Oil
Yes
Propane
Yes

Heating

Forced Air
Yes
Other
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Fiber Optic
Yes

Lake/Waterfront

Lake Front
Yes

Laundry

Electric Dryer Hookup
Yes
Laundry Room
Yes
Main Level
Yes
Sink
Yes
Washer Hookup
Yes

Lot Description

Tree Coverage - Medium
Yes
Underground Utilities
Yes

Outbuildings

Additional Garage
Yes
Pole Building
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes

Property Subtype

Cabin
Yes

Road Frontage

Private Road
Yes
Unpaved Streets
Yes

Road Responsibility

Private Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Private Sewer
Yes
Septic System Compliant - No
Yes
Tank with Drainage Field
Yes

Special Search

Main Floor Bedroom
Yes
Main Floor Laundry
Yes

Stories

One
Yes

Water

4-Inch Submersible
Yes
Private
Yes
Well
Yes

Waterfront View

Lake
Yes
East
Yes

Room Information

Bathroom Dimensions: 8x8 Level: Main Bathroom Dimensions: 6x6 Level: Main Deck Dimensions: 12x15 Dining Room Dimensions: 9x10 Level: Main Family Room Dimensions: 19x13 Level: Main First (1st) Bedroom Dimensions: 10x10 Level: Main Fourth (4th) Bedroom Dimensions: 9x9 Level: Main Foyer Dimensions: 6x12 Level: Main Kitchen Dimensions: 10x12 Level: Main Laundry Dimensions: 8x8 Level: Main Living Room Dimensions: 17x13 Level: Main Second (2nd) Bedroom Dimensions: 10x10 Level: Main Third (3rd) Bedroom Dimensions: 9x9 Level: Main
Listing Office: Woods & Shores Real Estate, Inc.
IDX
Last Updated: April - 17 - 2026
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