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  • $324,900

    48225 Great River Rd, Palisade, MN 56469

    4beds
    2,387sqft
    : 
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    Single Family
    Built in 1988
    2.84 Acres Lot
    $-- Zestimate®
    $136/sqft
    $-- HOA

    What's special

    If you’ve been dreaming of country living without giving up the convenience of town, this is the perfect place to call home. Nestled on nearly 3 acres, this spacious 4-bedroom, 3-bath property offers the ideal blend of comfort, functionality, and outdoor enjoyment. Step inside to an inviting open floor plan designed for easy living and entertaining. The living area features a cleverly hidden storage room, while a private office with a pocket door provides the perfect work-from-home setup. Outside, the property truly shines. A 3-car insulated garage with a workshop area offers ample space for vehicles, hobbies, and projects. The pole building features 13-foot sidewalls, large overhead doors, and a loft for additional storage. There’s even room to park your RV—perfect for seasonal travelers. Enjoy the established garden area with rich soil, ready for planting, along with a thriving hops vine. An additional barn with electricity opens the door for hobby farming—bring your chickens or goats! Pet owners will appreciate the thoughtfully designed mudroom with a built-in pet door and ramp leading to a fenced area. Take advantage of your Mississippi River frontage just across the road, offering excellent fishing, scenic views, and abundant wildlife. Outdoor enthusiasts will also love the nearby Soo Line Trail for ATV and snowmobile adventures. With fiber internet, efficient gas heating, and central air conditioning, this home combines rural charm with modern convenience. Don’t miss your chance to enjoy space, privacy, and a true country lifestyle—just minutes from town. Schedule your showing today!
    93 days
    |
    590
    |
    27
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sherrie L Underthun 218-390-3184,

    My Place Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7039707MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 10 X 13
      Bedroom 2
      • Level: Lower
      • Area: 130.5 Square Feet
      • Dimensions: 14.5 X 9
      Bedroom 3
      • Level: Lower
      • Area: 143.75 Square Feet
      • Dimensions: 11.5 X 12.5
      Bedroom 4
      • Level: Lower
      • Area: 143.75 Square Feet
      • Dimensions: 11.5 X 12.5
      Dining room
      • Level: Main
      • Area: 117 Square Feet
      • Dimensions: 13 X 9
      Family room
      • Level: Lower
      • Area: 131.25 Square Feet
      • Dimensions: 12.5 X 10.5
      Kitchen
      • Level: Main
      • Area: 160 Square Feet
      • Dimensions: 10 x 16
      Laundry
      • Level: Main
      • Area: 117 Square Feet
      • Dimensions: 13 X 9
      Living room
      • Level: Main
      • Area: 273 Square Feet
      • Dimensions: 21 X 13
      Mud room
      • Level: Main
      • Area: 117.7 Square Feet
      • Dimensions: 10.7 X 11
      Office
      • Level: Main
      • Area: 55 Square Feet
      • Dimensions: 5 X 11
      Heating
      • Baseboard
      Cooling
      • Central Air
      Appliances
      • Laundry: Main Level
      Features
      • Basement: Egress Window(s),Finished,Full
      • Number of fireplaces: 1
      • Fireplace features: Free Standing
      Interior area
      • Total structure area: 2,387
      • Total interior livable area: 2,387 sqft
      • Finished area above ground: 1,267
      • Finished area below ground: 900

      Property

      Parking
      • Total spaces: 7
      • Parking features: Detached Garage, Gravel, Insulated Garage
      • Garage spaces: 7
      • Details: Garage Dimensions (24 x 36), Garage Door Height (8), Garage Door Width (8)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Patio
      • Fencing: Chain Link,Partial,Privacy
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Front
      • Frontage length: Water Frontage: 300
      Lot
      • Size: 2.84 Acres
      • Dimensions: 380 x 259 x 370 x 334
      • Features: Accessible Shoreline, Irregular Lot
      Details
      • Additional structures: Garage(s), Barn(s), Pole Building
      • Foundation area: 1120
      • Parcel number: 600003400
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age Over 8 Years
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Electric: Power Company: Mille Lacs Energy Co-op
      • Gas: Electric, Propane
      • Sewer: Septic System Compliant - Yes
      • Water: Drilled

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Palisade

      Financial & listing details

      • Price per square foot: $136/sqft
      • Tax assessed value: $213,614
      • Annual tax amount: $2,358
      • Date on market: 3/19/2026
      • Cumulative days on market: 26 days
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

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        Price history

        DateEventPrice
        5/27/2026Listed for sale$324,900$136/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7039707 Report a problem
        4/27/2026Pending sale$324,900$136/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6124096 Report a problem
        4/11/2026Contingent$324,900$136/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6124096 Report a problem
        3/18/2026Listed for sale$324,900+18.1%$136/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6124096 Report a problem
        12/30/2022Sold$275,000$115/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6270449 Report a problem
        11/29/2022Pending sale$275,000$115/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6270449 Report a problem
        11/7/2022Price change$275,000-8.3%$115/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6270449 Report a problem
        10/11/2022Listed for sale$300,000$126/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6270449 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,358 +4.8%$213,614 0%
        2024$2,250 +18.8%$213,644 +10.7%
        2023$1,894 +8%$192,968 +5.5%
        2022$1,754 +36.2%$182,927 +14.8%
        2021$1,288 +29.6%$159,375 +18.2%
        2020$994 +6%$134,800 +12.7%
        2019$938 -35.8%$119,600 +1.6%
        2018$1,462 +13.7%$117,700
        2017$1,286 -3.5%$117,700 -4.2%
        2016$1,332 +27.3%$122,800 +9.3%
        2014$1,046 +9340.4%$112,300 -16.6%
        2012$11 $134,700
        2011-- $134,700 -3.2%
        2009$790 $139,200

        Find assessor info on the county website

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          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 56469

          Getting around

          4 / 100
          Car-Dependent
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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