1489 Gateway Drive NW, Backus, MN 56435
2 Beds | 1 Bath | 858 Sq Ft | Single Family Home | MLS# 7134904
Is 1489 Gateway Drive NW a Good Deal?
BuyPulse Verdict
Premium Pricing
At $484/sqft — This home is priced 66% above the typical Backus single-family home of $292/sqft.
Your Negotiating Position
48 — Balanced market
Day 9 — Backus homes overall typically go under contract by day ~17, so this one is early in its window.
7 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 18 active Backus listings · NorthstarMLS
$2,481/month Estimated
- Principal & interest
- $2,098
- Property taxes
- $134
- Home insurance (est.)
- $242
- Special assessments
- $7
- HOA dues
- None
20% down ($83,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in El Sueno, Backus, MN.
About This Home
If you are looking for a fixer-upper with privacy and lakeshore – you have found it here on the turquoise waters of Horseshoe Lake in Backus! As you drive down the long, tree-studded driveway, you will find peace and serenity abound on this gorgeous 7+ acre wooded property. The property offers 150' of lakeshore with crystal-clear water and a sandy beach for children to splash and play. Not only does the spring-fed lake have excellent fishing, but the property also adjoins thousands of acres of public land for hiking, hunting, and exploring, making it an outdoor enthusiast's dream. The main cabin has been gutted and is ready for your vision or bring plans for a new home set beneath the beautiful towering pines. This property offers opportunity with the main cabin, boat house on the water’s edge, guest cabin, garage and storage shed. Properties on this pristine, highly sought-after lake are rarely offered for sale, making this a truly exceptional opportunity. With 7.8 acres of privacy, 150’ of lakeshore with gentle elevation to the pristine lake, you will find a rare opportunity to create a true legacy property for generations to come.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $311K and $519K in Backus:
- The field: 7 similar Backus homes for sale — a short list right now.
Powered by the Realgorithm™ — real Backus closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1932
- Above Grade
- 858 sq ft
- Lot Size
- 7.80 acres
- Lot Features
- Accessible Shoreline, Tree Coverage - Heavy
- Garage
- 1-car (Detached Garage)
- Heating
- Fireplace(s)
- Cooling
- None
- Sewer
- Private Sewer
- Water
- Drilled
- Annual Taxes
- $1,606
- Special Assessments
- $86
- County
- Cass
- Days on Market
- 9
1489 Gateway Drive NW is listed in Backus, MN, part of Cass County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1489 Gateway Drive NW
Associate Broker · Modern Market REALTORS®
Your Backus real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Edina Realty, Inc. · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7134904 · Data refreshed September 3, 2026
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- 2401 Birch Park Trail NW — $359,900 · 4 bed · 2 bath
- 3912 4th Street NW — $489,900 · 4 bed · 2 bath
- 1868 W Ox Yoke Road NW — $340,000 · 2 bed · 2 bath
- 576 Pine Mountain Lake Road NW — $499,000 · 3 bed · 2 bath
Frequently Asked Questions About 1489 Gateway Drive NW
- Is $415,000 a good price for a home in Backus?
- According to BuyPulse, 1489 Gateway Drive NW rates Premium Pricing — at $484/sqft it's priced 66% above the typical Backus single-family home of $292/sqft. Its negotiating-position score is 48/100 (Balanced market), weighed on days on market, comparable inventory, and how Backus homes are closing versus list. Powered by the Realgorithm™. Browse Backus homes for sale to compare.
- What are the special assessments at 1489 Gateway Drive NW — and what do they mean?
- This property has $86/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,606/yr. Always factor both into your total monthly housing cost before making an offer.
- What type of heating and cooling does 1489 Gateway Drive NW have?
- 1489 Gateway Drive NW has Fireplace(s) heating and None cooling.
- Where is 1489 Gateway Drive NW located?
- 1489 Gateway Drive NW is in the El Sueno neighborhood of Backus, MN 56435, in Cass County.
- Is 1489 Gateway Drive NW still available?
- Yes — 1489 Gateway Drive NW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1489 Gateway Drive NW built?
- 1489 Gateway Drive NW was built in 1932. It features an asphalt roof and a stone foundation.
- Does 1489 Gateway Drive NW have main-floor laundry?
- Yes — the laundry at 1489 Gateway Drive NW is on the main level.
- How many homes like 1489 Gateway Drive NW are for sale in Backus?
- 7 similar homes (single-family homes between $311K and $519K in Backus) are for sale right now — a short list right now.
- What does "BuyPulse" mean?
- BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Backus area.