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  • $318,000

    48225 Great River Rd, Palisade, MN 56469

    4beds
    2,387sqft
    Single Family
    Built in 1988
    2.84 Acres Lot
    $319,900 Zestimate®
    $133/sqft
    $2,334 Estimated rent

    Home value

    $319,900

    Estimated sales range

    Not available

    $2,334/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sherrie L Underthun 218-390-3184,

    My Place Realty, Inc.

    Bought with:

    Member Non

    NON MEMBER FILE

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

    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: $133/sqft
    • Tax assessed value: $213,614
    • Annual tax amount: $2,358
    • Date on market: 3/19/2026
    • Cumulative days on market: 99 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/24/2026Sold$318,000-2.1%$133/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7039707 Report a problem
    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
    3/18/2026Price change$324,900+18.1%$136/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6124096 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

    Neighborhood: 56469

    Nearby schools

    GreatSchools rating
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