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  • Zillow Home logoZestimate®
    $427,300

    1489 Gateway Dr NW, Backus, MN 56435

    2beds
    858sqft
    Single Family
    Built in 1932
    7.8 Acres Lot
    $427,300 Zestimate®
    $498/sqft
    $1,355 Estimated rent

    Home value

    $427,300

    Estimated sales range

    Not available

    $1,355/mo

    Zestimate® history
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    What's special

    If you are looking for a fixer-upper with privacy and lakeshore – you have found it here on the turquoise waters of Horseshoe Lake in Backus! As you drive down the long, tree-studded driveway, you will find peace and serenity abound on this gorgeous 7+ acre wooded property.  The property offers 150' of lakeshore with crystal-clear water and a sandy beach for children to splash and play.  Not only does the spring-fed lake have excellent fishing, but the property also adjoins thousands of acres of public land for hiking, hunting, and exploring, making it an outdoor enthusiast's dream. The main cabin has been gutted and is ready for your vision or bring plans for a new home set beneath the beautiful towering pines. This property offers opportunity with the main cabin, boat house on the water’s edge, guest cabin, garage and storage shed.   Properties on this pristine, highly sought-after lake are rarely offered for sale, making this a truly exceptional opportunity.  With 7.8 acres of privacy, 150’ of lakeshore with gentle elevation to the pristine lake, you will find a rare opportunity to create a true legacy property for generations to come.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Wadsten 218-821-2721,

    Edina Realty, Inc.,

    Matt Wadsten 218-821-1097

    Bought with:

    Tamara Burch

    Real Broker, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7134904MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Bedroom 2
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 8x8
    Den
    • Level: Main
    • Area: 105.09 Square Feet
    • Dimensions: 11.3x9.3
    Dining room
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Kitchen
    • Level: Main
    • Area: 98 Square Feet
    • Dimensions: 14x7
    Living room
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 20x8
    Heating
    • Fireplace(s)
    Cooling
    • None
    Appliances
    • Laundry: Main Level
    Features
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Stone, Wood Burning
    Interior area
    • Total structure area: 858
    • Total interior livable area: 858 sqft
    • Finished area above ground: 858
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage
    • Garage spaces: 1
    • Details: Garage Dimensions (20x12)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Wrap Around
    • Has view: Yes
    • View description: Lake, Panoramic, South
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Lake Bottom(Reeds, Sand)
    • Frontage length: Water Frontage: 150
    Lot
    • Size: 7.8 Acres
    • Features: Accessible Shoreline, Tree Coverage - Heavy
    Details
    • Additional structures: Garage(s), Guest House, Storage Shed
    • Foundation area: 858
    • Additional parcels included: 340152204
    • Parcel number: 343980100
    • Zoning description: Shoreline,Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Gas: Wood
    • Sewer: Private Sewer
    • Water: Drilled

    Community & HOA

    Community
    • Subdivision: El Sueno
    HOA
    • Has HOA: No
    Location
    • Region: Backus

    Financial & listing details

    • Price per square foot: $498/sqft
    • Annual tax amount: $1,606
    • Date on market: 8/28/2026
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    9/25/2026Sold$427,300+3%$498/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7134904 Report a problem
    9/9/2026Pending sale$415,000$484/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7134904 Report a problem
    9/3/2026Listed for sale$415,000+24.8%$484/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7134904 Report a problem
    7/16/2026Sold$332,500-2.8%$388/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7021721 Report a problem
    2/24/2026Pending sale$342,000$399/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7021721 Report a problem
    2/20/2026Listed for sale$342,000$399/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7021721 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 56435

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $427,300
    2% more
    +$8,546
    With Zillow Showcase(estimated)
    $435,846
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $427,300
    2% more
    +$8,546
    With Zillow Showcase(estimated)
    $435,846