ActivePrice cut: $10K (7/2)
$519,900
2beds
832sqft
48475 197th Ave, McGregor, MN 55760
2beds
832sqft
Single family
Built in 2020
0.54 Acres
2 Attached garage spaces
$625 price/sqft
What's special
One-level layout
Set along 50 feet of hard-sand shoreline on Lake Minnewawa, this 2020-built home keeps lake living simple in all the right ways. The one-level layout is comfortable and easy to settle into, with 2 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet and private bath. The main ...
- 60 days |
- 730 |
- 13 |
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7078379
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Kari Elizabeth Horbacz 218-851-7924,
Statement Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7078379
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 108 Square Feet
- Dimensions: 10.8x10
Bedroom 2
- Level: Main
- Area: 107.1 Square Feet
- Dimensions: 10.5x10.2
Kitchen
- Level: Main
- Area: 107 Square Feet
- Dimensions: 10x10.7
Living room
- Level: Main
- Area: 204.24 Square Feet
- Dimensions: 14.8x13.8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Basement: Crawl Space,Storage Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 832
- Total interior livable area: 832 sqft
- Finished area above ground: 832
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Detached Garage, Gravel, Asphalt, Garage, Heated Garage
- Attached garage spaces: 2
- Details: Garage Dimensions (27x26)
Accessibility
- Accessibility features: No Stairs Internal
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- On waterfront: Yes
- Waterfront features: Lake Front, Waterfront Elevation(10-15), Lake Bottom(Gravel, Hard)
- Frontage length: Water Frontage: 50
Lot
- Size: 0.54 Acres
- Dimensions: 50 x 478
- Features: Accessible Shoreline
Details
- Additional structures: Garage(s), Storage Shed
- Foundation area: 832
- Parcel number: 291155200
- Zoning description: Shoreline,Residential-Single Family
- Other equipment: Fuel Tank - Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Post and Beam, Frame
- Foundation: Wood
- Roof: Metal
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Electric: 200+ Amp Service, Power Company: Lake Country Power
- Gas: Propane
- Sewer: Septic System Compliant - Yes, Tank with Drainage Field
- Water: Drilled, Well
Community & HOA
Community
- Subdivision: Sheshebe Point
HOA
- Has HOA: No
Location
- Region: Mcgregor
Financial & listing details
- Price per square foot: $625/sqft
- Tax assessed value: $378,326
- Annual tax amount: $2,225
- Date on market: 5/22/2026
- Cumulative days on market: 20 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $519,900-1.9%$625/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7078379 Report a problem | ||
| 5/22/2026 | Listed for sale | $529,900+360.8%$637/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7078379 Report a problem | ||
| 9/20/2019 | Sold | $115,000-11.5%$138/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4974982 Report a problem | ||
| 8/25/2019 | Pending sale | $129,900$156/sqft |
Source: CENTURY 21 Twin Lakes Realty #4974982 Report a problem | ||
| 8/24/2019 | Price change | $129,900-7.1%$156/sqft |
Source: CENTURY 21 Twin Lakes Realty #4974982 Report a problem | ||
| 7/2/2018 | Listed for sale | $139,900$168/sqft |
Source: Century 21 Twin Lakes Realty #4974982 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,195 +23.1% | $378,326 +3.8% |
| 2024 | $1,783 +0.2% | $364,534 +22.2% |
| 2023 | $1,779 +17.6% | $298,226 +10.3% |
| 2022 | $1,513 +47.3% | $270,322 +55.4% |
| 2021 | $1,027 -2.5% | $173,918 +47.5% |
| 2020 | $1,053 -2.6% | $117,900 |
| 2019 | $1,081 +7.1% | $117,900 +1.1% |
| 2018 | $1,009 +2.6% | $116,600 +5.1% |
| 2017 | $983 -2.4% | $110,900 +2.6% |
| 2016 | $1,007 +3.3% | $108,100 -1.2% |
| 2014 | $975 +9768.4% | $109,400 -11.9% |
| 2012 | $10 | $124,200 |
| 2011 | -- | $124,200 +20.3% |
| 2009 | $696 | $103,200 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,846/mo
Principal & interest
$2599
Property taxes
$247
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 55760
Nearby schools
Mcgregor Elementary School
Grades PK-6 • 7.7 miles7/10
GreatSchools® Rating
Test Score Rating
7/10Student Progress Rating
7/10Mcgregor Secondary
Grades 7-12 • 7.7 miles6/10
GreatSchools® Rating
Test Score Rating
5/10College Readiness Rating
7/10