1981 single family home for sale at 38879 State Highway 38 in Deer River, MN — 2 bed, 1 bath (photo 1 of 63)

Open House

  • Open House: Saturday, September 12, 2026 · 9:00 AM – 11:00 AM

38879 State Highway 38, Deer River, MN 56636

Just Listed — listed September 8, 2026 · M Premiere

2 Beds | 1 Bath | 1,004 Sq Ft | Single Family Home | MLS# 7140793

$232,900

Is 38879 State Highway 38 a Good Deal?

BuyPulse Verdict

Fair Market Value

At $232/sqft — This home is priced right at the typical Deer River single-family home of $232/sqft.

Your Negotiating Position

46 — Balanced market

Day 3 — Deer River homes overall typically go under contract by day ~26, so this one is early in its window.

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

Powered by the Realgorithm™ — 29 active Deer River listings · NorthstarMLS

$1,469/month Estimated

Principal & interest
$1,178
Property taxes
$155
Home insurance (est.)
$136
HOA dues
None

20% down ($46,580) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Deer River, MN Active

About This Home

Tucked into the trees on approximately 2.4 acres, this 2-bedroom, 1-bath home offers the privacy, character, and lake access that make Northern Minnesota living special. Inside, you'll find a warm cabin feel with wood accents, an open kitchen and living space, and a cozy fireplace. Outside is where this property really shines, with multiple decks and outdoor gathering spaces, a fire pit, storage buildings, garage/workshop space, and plenty of room to enjoy the surrounding woods. Across the road, your own Johnson Lake frontage gives you a place to keep the dock, launch the kayaks, fish, swim, or simply sit by the water and enjoy the view. Whether you're looking for a weekend cabin, seasonal getaway, or a place to call home in the Northwoods, this property gives you a little bit of everything: woods, water, privacy, and room to make it your own.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $175K and $291K in Deer River:

  • The field: 13 similar Deer River homes for sale — you have options.

Powered by the Realgorithm™ — real Deer River closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1981
Above Grade
1,004 sq ft
Lot Size
3.24 acres
Lot Features
Tree Coverage - Medium
Garage
2-car (Detached Garage)
Heating
Fireplace(s), Space Heater
Cooling
None
Sewer
Outhouse, Private Sewer
Water
Well
Annual Taxes
$1,864
County
Itasca
Days on Market
3

38879 State Highway 38 is listed in Deer River, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 38879 State Highway 38

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by Pemberton RE · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7140793 · Data refreshed September 10, 2026

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Frequently Asked Questions About 38879 State Highway 38

Is $232,900 a good price for a home in Deer River?
According to BuyPulse, 38879 State Highway 38 rates Fair Market Value — at $232/sqft it's priced right at the typical Deer River single-family home of $232/sqft. Its negotiating-position score is 46/100 (Balanced market), weighed on days on market, comparable inventory, and how Deer River homes are closing versus list. Powered by the Realgorithm™. Browse Deer River homes for sale to compare.
What type of heating and cooling does 38879 State Highway 38 have?
38879 State Highway 38 has Fireplace(s), Space Heater heating and None cooling.
Where is 38879 State Highway 38 located?
38879 State Highway 38 is in Deer River, MN 56636, in Itasca County.
Is 38879 State Highway 38 still available?
Yes — 38879 State Highway 38 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 38879 State Highway 38 built?
38879 State Highway 38 was built in 1981. It features frame construction, an asphalt roof, and a stone foundation.
How many homes like 38879 State Highway 38 are for sale in Deer River?
13 similar homes (single-family homes between $175K and $291K in Deer River) are for sale right now — you have options.
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 Deer River area.