2015 single family home for sale at 216 Margos Way SW in Bemidji, MN — 4 bed, 3 bath (photo 1 of 35)

216 Margos Way SW, Bemidji, MN 56601

Open House

  • Open House: Sunday, October 18, 2026 · 12:00 PM – 1:30 PM

M Premiere — Just Listed — listed October 14, 2026

4 Beds | 3 Baths | 3,500 Sq Ft | Single Family Home | MLS# 7160133

$565,000

$3,675/month Estimated

Principal & interest
$2,857
Property taxes
$488
Home insurance (est.)
$330
HOA dues
None

20% down ($113,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Bemidji, MN Active

Located in Oak Ridge Heights, Bemidji, MN.

About This Home

Beautiful, elevated-ranch style home on 2 acres, offering 3,500 finished square feet, 4 bedrooms, 3 full baths, and a fully finished walkout basement. Inside you’ll find vaulted ceilings, hardwood floors, gorgeous natural custom woodwork throughout, Keenan custom cabinetry, a cozy gas fireplace, and tile bathrooms. The primary suite is a private retreat with a spacious walk-in closet, and ensuite bath featuring a tiled shower, separate jetted soaking tub, and in-floor heat. Enjoy the spacious wraparound deck or relax on the welcoming covered front porch. The attached, in-floor heated 2-stall garage adds daily convenience, while the 1,200 square foot detached 2-stall garage gives you plenty of space for storage, vehicles, or hobbies. LP siding completes the home’s exterior. Spacious, well-crafted, and full of character, move-in ready and packed with space and comfort. Don’t miss your chance to make this one-of-a-kind property yours—schedule your tour before it’s gone.

Virtual Tour

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BuyPulse · Live market read

Is 216 Margos Way SW a Good Deal?

At $161/sqft, this home is priced $7/sqft below the typical Bemidji single-family home of $168/sqft.

The median list price in Bemidji is $375,250.

Verdict: Strong Value

Your negotiating position

40 Seller-leaning market

Seller's market · Balanced · Buyer leverage

Day 3 — Bemidji homes overall typically go under contract by day ~28, so this one is early in its window.

53% of recent sales closed at or over asking — about half hold full price.

27 similar homes for sale — alternatives if they won't move.

Homes like this one — single-family homes between $424K and $706K in Bemidji:

  • The field: 27 similar Bemidji homes for sale — you have options.
  • Negotiation: 53% of the last 17 sales here closed at or over list — about half hold full price.
  • Price cuts: 15 of 27 similar homes have trimmed asking — median trim $20,000. This one hasn't budged.

Powered by the Realgorithm™ — 17 real Bemidji closings, zero guesses · NorthstarMLS

Key Features

Built
2015
Garage
4-Car
Style
One and One Half
HOA
None
Annual Taxes
$5,858 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,772
Below Grade Sq Ft
1,728
Lot Size
2.01 acres
Basement
Yes
Roof
Asphalt
Construction
ICFs (Insulated Concrete Forms), Structurally Insulated Panels
County
Beltrami
List Date
2026-10-14
Days on Market
3 days
Parcel ID
030163700

Financial

Total Tax incl. Assessments
$5,858

Home Systems & Utilities

Heating
Forced Air, In-Floor Heating
Cooling
Central Air
Water
Private
Sewer
Mound Septic, Private Sewer
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Interior Features

Laundry
In Basement
Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
ICFs (Insulated Concrete Forms)
Foundation Area
1,728 sqft
Total Building Area
3,500 sqft

Exterior Features

Exterior Features
Stone, Other
Other Structures
Garage(s), Storage Shed
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage, Detached Garage, Asphalt, Electric, Floor Drain, Garage Door Opener, Multiple Garages, Storage

Lot & Land

Lot Features
Cleared, Corner Lot
Road Surface
Township
Zoning Description
Residential-Single Family

Agent & Office

List Office
Grimes Realty

Price History

Listed at $565,000 on Oct 14, 2026 — No price changes

216 Margos Way SW is listed in Bemidji, MN, part of Beltrami County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 216 Margos Way SW

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Bemidji real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Grimes Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7160133 · Data refreshed October 16, 2026

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Frequently Asked Questions About 216 Margos Way SW

Is $565,000 a good price for a home in Bemidji?
According to BuyPulse, 216 Margos Way SW rates Strong Value — at $161/sqft it's priced right at the typical Bemidji single-family home of $168/sqft. Its negotiating-position score is 40/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Bemidji homes are closing versus list. Powered by the Realgorithm™. Browse Bemidji homes for sale to compare.
Does 216 Margos Way SW have a basement?
Yes, 216 Margos Way SW has a finished basement with 1,728 sq ft of below-grade space.
What type of heating and cooling does 216 Margos Way SW have?
216 Margos Way SW has Forced Air, In-Floor Heating and Central Air cooling.
Where is 216 Margos Way SW located?
216 Margos Way SW is in the Oak Ridge Heights neighborhood of Bemidji, MN 56601, in Beltrami County.
Is 216 Margos Way SW still available?
Yes — 216 Margos Way SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 216 Margos Way SW built?
216 Margos Way SW was built in 2015. It features icfs (insulated concrete forms), structurally insulated panels construction, an asphalt roof, and a icfs (insulated concrete forms) foundation.
Does 216 Margos Way SW have main-floor laundry?
No — the laundry at 216 Margos Way SW is in the lower level.
How walkable is 216 Margos Way SW?
216 Margos Way SW has a Walk Score of 7/100 (Car-Dependent) and a Bike Score of 22/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 216 Margos Way SW are for sale in Bemidji?
27 similar homes (single-family homes between $424K and $706K in Bemidji) are for sale right now — you have options.
Do homes in Bemidji sell for asking price?
53% of the last 17 comparable Bemidji sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
What does "M Premiere" mean?
M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
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 Bemidji area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 PM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.