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Just Listed — listed September 8, 2026 · M Premiere
2 Beds | 1 Bath | 1,004 Sq Ft | Single Family Home | MLS# 7140793
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.
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
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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7140793 · Data refreshed September 10, 2026
Similar Homes for Sale Near 38879 State Highway 38, Deer River, MN
- 49231 County Road 173, Unit Cabin 2 — $225,000 · 2 bed · 1 bath
- 37800 Grave Lake Forest Road — $255,000 · 2 bed · 1 bath
- 50181 County Road 35 — $199,900 · 3 bed · 1 bath
- 53140 Rainbow Road — $199,500 · 3 bed · 2 bath
- 8135 County Road 65 NE — $199,000 · 2 bed · 1 bath
- 406 1st Street NE — $194,000 · 3 bed · 2 bath
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.