Date
Details
Price
Change
Source
5/21/2026
Listed
$529,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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 living spaces feel open and bright without being oversized, and everything throughout the home has been exceptionally well kept. An attached garage handles parking and storage, while the additional 24x 36 detached garage and storage shed give you extra space for projects, tools or toys. Down by the water, the lakeside shed is a feature you do not often find and makes it easy to keep chairs, fishing gear, and lake essentials close to the shoreline instead of hauling everything back and forth. From the shoreline to the condition of the home itself, this property has been clearly cared for and is ready for its next chapter without a long to-do list waiting for you.
Full Property Details
Full Property Details for 48475 197th Ave
General
- Price: $529,900
- Taxes: $2,225 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7078379
- Updated: 5/22/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Fuel Tank - Owned, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Kitchen/Dining Room
- Formal Dining Room: Kitchen/Dining Room
- Laundry: Main Level, Main Level
Additional Information
- Amenities: Ceiling Fan(s), Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 27 x 26
- Garage Spaces: 2
- Parking Features: Attached Garage, Detached Garage, Gravel, Asphalt, Finished Garage, Heated Garage
Location
- County: Aitkin
- Township: McGregor
- Subdivision: Sheshebe Point
- Driving Directions: From McGregor, head north on Hwy 65 to a right on Goshawk (CR 6). Take a left on 188th, Sheshebe Point, and stay to the left to property on left.
School Information
- School District: 4 - McGregor
- High School District: McGregor
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Propane
Utilities
- Sewer: Septic System Compliant - Yes, Tank with Drainage Field
- Water: Drilled, Well
Structural Information
- Exterior Const.: Post and Beam, Frame
- Basement: Yes
- Basement Desc.: Crawlspace, Storage Space, Unfinished, Wood
- Foundation Size: 832
- Roof: Metal
- Disability Access: No Stairs Internal
- Square Feet: 832
- Above Ground: 832 Sq. Ft.
- Finished Down/Base.: 832 Sq. Ft.
- Year Built: 2020
Additional Structures
- Other Structures: Garage(s), Storage Shed
Lot Features
- Lot Size (Acres): 0.54
- Lot Dimensions: 50 x 478
- Frontage: Township
- Zoning: Shoreline, Residential-Single Family
- Lot Description: Accessible Shoreline
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 50
- Water Front Elev.: 10-15
- Lake Front: Yes
- Lake Bottom: Gravel, Hard
Financial Considerations
- Tax Amount: $2,225
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: LOT 123
- Property ID: 291155200
Listed by Statement Realty
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— 48475 197th Ave —
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NMLS#: 1598647
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Schools
Schools serving 48475 197th Ave
School District:McGregor Public School District
| Name | Grades | Distance |
|---|---|---|
Mcgregor Elementary School 148 South 2nd Street, McGregor, MN 55760 | PK-6 | 7.7 mi |
Mcgregor Secondary 148 South 2nd Street, McGregor, MN 55760 | 7-12 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48475 197th Ave
Tax History
Tax History for 48475 197th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,195
23%
$378,300
4%
2024
$1,783
—
$364,500
22%
2023
$1,779
18%
$298,200
10%
2022
$1,513
47%
$270,400
55%
2021
$1,027
-2%
$174,000
48%
2020
$1,053
-3%
$117,900
—
2019
$1,081
7%
$117,900
1%
2018
$1,009
3%
$116,600
5%
2017
$983
-2%
$110,900
3%
2016
$1,007
—
$108,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48475 197th Ave
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Sold by Woods & Shores Real Estate, Inc.
Sold by Woods & Shores Real Estate, Inc.
48475 197th Avenue, McGregor, MN 55760 (MLS# 7078379) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 48475 197th Avenue is currently listed for $529,900 and was received on May 21, 2026. Want to learn more about 48475 197th Avenue? Do you have questions about finding other Single Family real estate for sale in McGregor? You can browse all McGregor real estate or contact a Coldwell Banker agent to request more information.