49231 County Road 173, Cabin 7, Deer River, MN 56636
2 Beds | 1 Bath | 504 Sq Ft | Single Family Home | MLS# 7063070
Price Drop on M Markdowns — was $190,000 (↓ $15,000)
Is 49231 County Road 173 a Good Deal?
BuyPulse Verdict
Premium Pricing
At $347/sqft — This home is priced 52% above the typical Deer River single-family home of $228/sqft.
Powered by the Realgorithm™ — 28 active Deer River listings · NorthstarMLS
$1,358/month Estimated
- Principal & interest
- $885
- Property taxes
- $38
- Home insurance (est.)
- $102
- HOA dues
- $333/mo
20% down ($35,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Condominium 5 Bowstring Shores, Deer River, MN.
About This Home
Welcome to Bowstring Shores, where lake living meets opportunity. Cabin seven is a fully furnished, 3-bedroom, 1-bathroom cabin with beautiful views of the lake. This is more than just a cabin; it is a turnkey getaway with built-in income potential. Located on highly sought-after Bowstring Lake, one of northern Minnesota’s premier fishing lakes, this newly developed common interest community offers a unique ownership experience. Enjoy your time at the lake when you want it, and take advantage of a professionally managed rental program when you are not using the property. This allows owners the ability to generate income and offset expenses while maintaining a low-maintenance, hands-off ownership experience. Bowstring Lake spans nearly 10,000 acres and is well known for its excellent fishing, including walleye, northern pike, and panfish. The property also benefits from the deepest and most accessible private landing on the lake, accommodating a wide range of watercraft, including larger boats. Surrounded by the Chippewa National Forest, the area offers year-round recreation with nearby trails, hunting land, and outdoor activities. Each cabin within Bowstring Shores offers its own unique layout and character, while sharing the benefits of lake access, functional design, and the classic Up North cabin feel buyers are looking for. Common amenities include dock access, pool, laundry facilities, and maintained shared spaces, all designed to simplify ownership and enhance the overall experience. Whether you are searching for a personal retreat, a fishing basecamp, or an investment opportunity, this property offers a rare combination of all three in one setting. Multiple units available with varying sizes, layouts, and price points.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $131K and $219K in Deer River:
- The field: 11 similar Deer River homes for sale — you have options.
Powered by the Realgorithm™ — real Deer River closings, zero guesses · NorthstarMLS
Key Features
- Unit
- Cabin 7
- Built
- 1935
- Style
- One
- HOA
- $333/Monthly
- HOA Includes
- Dock, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- Annual Taxes
- $454 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 504
- Lot Size
- 2,178 sqft
- Basement
- No
- Roof
- Metal
- Construction
- Log
- County
- Itasca
- List Date
- 2026-04-27
- Days on Market
- 168 days
- Parcel ID
- 094450070
Financial
- Total Tax incl. Assessments
- $454
- HOA Name
- Bowstring Shores
Home Systems & Utilities
- Heating
- Baseboard
- Cooling
- None
- Electric
- Circuit Breakers
- Water
- Shared System, Well
- Sewer
- Septic System Compliant - Yes, Shared Septic
- Appliances
- Microwave, Range, Refrigerator
Interior Features
- Laundry
- Other
Construction & Exterior
Construction & Structure
- Foundation Type
- Block, Pillar/Post/Pier, Raised
- Foundation Area
- 504 sqft
- Total Building Area
- 504 sqft
Exterior Features
- Exterior Features
- Wood
- Pool
- Yes
- Fenced Area
- Yes
- View
- West
- Accessibility Features
- No Stairs Internal
Parking & Garage
- Parking Features
- Gravel
Lot & Land
- Road Surface
- County Road
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Real Broker,LLC
Price History
- Price reduced to $175,000 — May 19, 2026
49231 County Road 173, Cabin 7 is listed in Deer River, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 49231 County Road 173, Cabin 7
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First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7063070 · Data refreshed August 27, 2026
Similar Homes for Sale Near 49231 County Road 173, Deer River, MN
- 49231 County Road 173, Cabin 6 — $175,000 · 2 bed · 1 bath
- 49231 County Road 173, Cabin 8 — $175,000 · 2 bed · 1 bath
- 49231 County Road 173, Cabin 4 — $180,000 · 3 bed · 2 bath
- 48215 Hawthorn Dr — $184,000 · 3 bed · 1 bath
- 46020 Third River Drive — $159,900 · 3 bed
- 49231 County Road 173, Cabin 9 — $145,000 · 1 bed · 1 bath
Frequently Asked Questions About 49231 County Road 173, Cabin 7
- Is $175,000 a good price for a home in Deer River?
- According to BuyPulse, 49231 County Road 173 rates Premium Pricing — at $347/sqft it's priced 52% above the typical Deer River single-family home of $228/sqft. Powered by the Realgorithm™. Browse Deer River homes for sale to compare.
- Does 49231 County Road 173 have an HOA?
- Yes, 49231 County Road 173 has a homeowners association with dues of $333 monthly. HOA includes: Dock, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Sanitation, Sewer, Shared Amenities, Snow Removal, Water.
- What type of heating and cooling does 49231 County Road 173 have?
- 49231 County Road 173 has Baseboard heating and None cooling.
- Where is 49231 County Road 173 located?
- 49231 County Road 173 is in the Condominium 5 Bowstring Shores neighborhood of Deer River, MN 56636, in Itasca County.
- Is 49231 County Road 173 still available?
- Yes — 49231 County Road 173 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 49231 County Road 173 built?
- 49231 County Road 173 was built in 1935. It features log construction, a metal roof, and a block, pillar/post/pier, raised foundation.
- How walkable is 49231 County Road 173?
- 49231 County Road 173 has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 20/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 49231 County Road 173 are for sale in Deer River?
- 11 similar homes (single-family homes between $131K and $219K in Deer River) are for sale right now — you have options.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM 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.
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