Date
Details
Price
Change
Source
3/01/2026
Listed
$505,000
—
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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1/94
$505,000 Just Listed
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Property Description
Incredible opportunity to have it all on Round Lake! East facing lot is 1.65 acres in size with gradual elevation to 100' of excellent sand shoreline! A great place to catch the awe-inspiring sunrises and enjoy excellent swimming with the amazing sand bottom. The nicely appointed cabin has plenty of room for all and features a living room with free standing, gas, Heat & Glo fireplace, a family room, kitchen with informal dining, 4 bedrooms, a large full bath and additional ¾ bath, large laundry room and foyer. The partial basement area houses the well pressure tank and has plenty of storage space. Don't miss the 40x48 pole building, 14x24 detached garage and 8x10 storage shed! Property is being sold "turn-key", as is, including furnishings, kitchenware, linens, dock, 2001 Crestliner Sport LX pontoon with 40HP Evinrude motor, electric pontoon lift, pontoon trailer, 2 additional boat lifts, John Deere lawn tractor with leaf vacuum and trailer, patio set, grill, lake toys, etc. It doesn't get any better than this with an excellent lake featuring beautiful clear water, sand shore and everything you need to start making your dreams come true! Fiber internet is available at the street through Tremolo Communications.
Full Property Details
Full Property Details for 48894 386th Pl
General
- Price: $505,000
- Taxes: $2,006 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7028555
- Updated: 3/2/2026
- Added to Site: 2 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Freestanding, Gas
- Appliances: Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Informal Dining Room
- Formal Dining Room: Informal Dining Room
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup, Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Additional Information
- Amenities: Ceiling Fan(s), Deck, Dock, Kitchen Window, Natural Woodwork, Paneled Doors, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Covered, Deck
Parking
- Garage: Yes
- Garage Description: 14 x 24 40 x 48
- Garage Spaces: 9
- Parking Features: Detached Garage, Electric, Garage Door Opener, Multiple Garages
Location
- County: Aitkin
- Township: Palisade
- Driving Directions: From Aitkin, North on US Hwy 169 to Left on County Rd 3 (Grove St.) to Right on 491st Ln. to Right on 386th Place to sign on left (property extends across street).
School Information
- School District: 2275 - Aitkin
- High School District: Aitkin
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Fireplace(s), Other
- Heating Fuel: Oil, Propane
Utilities
- Sewer: Private Sewer, Septic System Compliant - No, Tank with Drainage Field
- Water: 4-Inch Submersible, Private, Well
Structural Information
- Exterior Const.: Other, Frame
- Basement: Yes
- Basement Desc.: Block, Partial, Storage Space, Unfinished
- Foundation Size: 1537
- Roof: Age Over 8 Years, Asphalt
- Disability Access: No Stairs External
- Square Feet: 1,537
- Above Ground: 1,537 Sq. Ft.
- Below Ground: 96 Sq. Ft.
- Finished Down/Base.: 1,633 Sq. Ft.
- Year Built: 1967
Additional Structures
- Other Structures: Garage(s), Pole Building, Storage Shed
Lot Features
- Lot Size (Acres): 1.65
- Lot Dimensions: 100 x 299 x 130 x 174 x 260 x 174 x 30 x 279
- Frontage: Private Road, Unpaved Streets
- Zoning: Shoreline, Residential-Single Family
- Lot Description: Medium Tree Coverage, Underground Utilities
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 100
- Water Front Elev.: 4-10
- Lake Front: Yes
- Lake Bottom: Hard, Excellent Sand
Financial Considerations
- Tax Amount: $2,006
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: S 100' of N 790' Exc W 1230' & E 175' of W 1230' of N 259.63' of S 660.37' of Lot 1 as in CT #1946 (legal to govern). PID #35-0-033603.
- Property ID: 350033603
Listed by Woods & Shores Real Estate, Inc.
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— 48894 386th Pl —
Woods & Shores Real Estate, Inc.
NMLS#: 1598647
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Schools
Schools serving 48894 386th Pl
School District:Aitkin Public School District
| Name | Grades | Distance |
|---|---|---|
Rippleside Elementary School 225 2nd Avenue Southwest, Aitkin, MN 56431 | PK-6 | 13.7 mi |
Aitkin Secondary School 306 2nd Street Northwest, Aitkin, MN 56431 | 7-12 | 13.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48894 386th Pl
Tax History
Tax History for 48894 386th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,006
-1%
$377,800
7%
2024
$2,020
9%
$354,100
1%
2023
$1,860
-4%
$350,600
16%
2022
$1,932
5%
$302,700
26%
2021
$1,848
7%
$240,700
-1%
2020
$1,730
-1%
$242,100
10%
2019
$1,754
1%
$219,400
4%
2018
$1,732
4%
$211,200
—
2017
$1,672
-1%
$210,600
—
2016
$1,690
—
$210,000
—
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 48894 386th Pl
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48894 386th Place, Palisade, MN 56469 (MLS# 7028555) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 48894 386th Place is currently listed for $505,000 and was received on March 01, 2026. Want to learn more about 48894 386th Place? Do you have questions about finding other Single Family real estate for sale in Palisade? You can browse all Palisade real estate or contact a Coldwell Banker agent to request more information.