1970 single family home for sale at 20139 472nd Lane in McGregor, MN — 2 bed, 1 bath (photo 1 of 32)

20139 472nd Lane, McGregor, MN 55760

2 Beds | 1 Bath | 792 Sq Ft | Single Family Home | MLS# 7094651

Price Drop on M Markdowns — was $224,900 (↓ $24,900)

$200,000

Is 20139 472nd Lane a Good Deal?

BuyPulse Verdict

Excellent Value

At $253/sqft — This home is priced 20% below the typical McGregor single-family home of $318/sqft.

Your Negotiating Position

76 — Strong buyer leverage

Day 117 — McGregor homes overall typically go under contract by day ~16. This one is past that window.

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

This seller already cut $24,900 — motivation showing.

Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS

$1,185/month Estimated

Principal & interest
$1,011
Property taxes
$52
Home insurance (est.)
$117
Special assessments
$5
HOA dues
None

20% down ($40,000) · 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.

McGregor, MN Active

Located in Minnewawa Duck Pass, McGregor, MN.

About This Home

Welcome to duck hunter's paradise on beautiful Minnewawa Lake! This charming property on 2.25 acres boasts 334 feet of waterfront, boardwalk to lake and a dock. This 2-bedroom 1-bathroom property features an updated older manufactured home with a cozy interior finished with knotty pine and a sunroom addition. Step outside onto the large 408 square-foot deck, perfect for enjoying your morning coffee or hosting lakeside gatherings with friends and family. The property also includes a 12x16 storage shed, providing ample space for storing your outdoor gear. Lake Minnewawa, a 2300+ acre lake, is known for its fishing and duck hunting, located close to ATV/snowmobile trails. This turnkey property is located on a dead-end road and sold as-is with furniture, offering privacy and easy transaition to it's new owners.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $150K and $250K in McGregor:

  • The field: 7 similar McGregor homes for sale — a short list right now.

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

Key Features

Built
1970
Style
One
HOA
None
Annual Taxes
$627 (2026)
Specials/yr
$65

Property Details

Property Type
Single Family
Above Grade Sq Ft
792
Lot Size
2.246 acres
Basement
No
Roof
Rubber
County
Aitkin
List Date
2026-06-18
Days on Market
117 days
Parcel ID
291133302

Financial

Total Tax incl. Assessments
$692
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air
Cooling
Window Unit(s)
Water
4-Inch Submersible, Drilled, Shared System, Well
Sewer
Holding Tank, Private Sewer
Appliances
Electric Water Heater, Microwave, Range, Refrigerator

Interior Features

Laundry
None

Construction & Exterior

Construction & Structure

Foundation Type
None
Foundation Area
792 sqft
Total Building Area
792 sqft

Exterior Features

Exterior Features
Wood
Fenced Area
Yes
Other Structures
Storage Shed
View
West
Accessibility Features
None

Parking & Garage

Parking Features
Gravel

Lot & Land

Lot Features
Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
Road Surface
Township
Zoning Description
Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
Weichert REALTORS Tower Properties

Price History

Reduced $24,900 (11.1%)

  • Price reduced to $224,900 — Jul 31, 2026
  • Price reduced to $200,000 — Sep 14, 2026

20139 472nd Lane is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 20139 472nd Lane

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by Weichert REALTORS Tower Properties · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7094651 · Data refreshed September 14, 2026

Similar Homes for Sale Near 20139 472nd Lane, McGregor, MN

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Frequently Asked Questions About 20139 472nd Lane

Is $200,000 a good price for a home in McGregor?
According to BuyPulse, 20139 472nd Lane rates Excellent Value — at $253/sqft it's priced 20% below the typical McGregor single-family home of $318/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how McGregor homes are closing versus list. Powered by the Realgorithm™. Browse McGregor homes for sale to compare.
What are the special assessments at 20139 472nd Lane — and what do they mean?
This property has $65/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 $627/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

What type of heating and cooling does 20139 472nd Lane have?
20139 472nd Lane has Forced Air heating and Window Unit(s) cooling.
Where is 20139 472nd Lane located?
20139 472nd Lane is in the Minnewawa Duck Pass neighborhood of McGregor, MN 55760, in Aitkin County.
Is 20139 472nd Lane still available?
Yes — 20139 472nd Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 20139 472nd Lane built?
20139 472nd Lane was built in 1970. It features a rubber roof and a none foundation.
How walkable is 20139 472nd Lane?
20139 472nd Lane 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 20139 472nd Lane are for sale in McGregor?
7 similar homes (single-family homes between $150K and $250K in McGregor) are for sale right now — a short list right now.
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 McGregor area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 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.

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.