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2 Beds | 2 Baths | 1,152 Sq Ft | Single Family Home | MLS# 7079826
M Markdowns — Price Reduced — was $480,000 (↓ $31,000)
Is 39818 257th Avenue a Good Deal?
BuyPulse Verdict
Premium Pricing
At $390/sqft — This home is priced 33% above the typical McGregor single-family home of $293/sqft.
Powered by the Realgorithm™ — 32 active McGregor listings · NorthstarMLS
$2,559/month Estimated
- Principal & interest
- $2,270
- Property taxes
- $27
- Home insurance (est.)
- $262
- HOA dues
- None
20% down ($89,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
New Construction
About This Home
HUGE PRICE REDUCTION!! Wake up to peaceful lake views and a setting that offers space to spread out, unwind, and enjoy the outdoors on quiet Portage Lake. From the dock (included in the sale) you can go fishing, kayaking, or canoeing. With 3.3 acres to enjoy, this newly built barndominium-style home blends modern finishes with natural surroundings. The thoughtfully designed side-by-side layout is ideal for single family or multi-generational living, hosting family and friends or creating separate living spaces under one roof. Each side features its own living area with vaulted ceilings, a bedroom, and a bathroom while still offering shared spaces to gather and connect. Separate exterior entrances and pocket doors between the two living spaces allow the option to open the home for gatherings or close off the areas when needed. At the center of the design is a shared kitchen with breakfast bar seating & amazing lake views. There is also a laundry room and mudroom entrance from the garage that ties the layout together. Built for year-round comfort, the home features spray foam insulation for energy efficiency along with an on-demand boiler system and air-to-air exchanger. The oversized garage area provides exceptional space for vehicles, recreational equipment, storage, hobbies, or entertaining, along with an upper loft area for even more flexibility. Need more space in the future? Lots of potential here to finish off parts of the garage space for additional living areas! Step outside to enjoy mature trees, wooded walking trails, lush landscaping, and open green space ideal for yard games, evenings around the fire, or simply taking in beautiful sunset views over the lake. RV hook-ups make it easy for family and friends to bring their campers for weekend stays. State land across the lake helps preserve the natural scenery and peaceful setting for years to come. This area is known for its ATV trails, deer hunting, and duck hunting. Portage Lake itself offers excellent year-round fishing with nearby public access to launch your boat or bring on your fish house. If you’ve been searching for a property that offers flexibility, room to gather, and a setting that feels away from it all; this lakeside opportunity is worth a look!
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $337K and $561K in McGregor:
- The field: 9 similar McGregor homes for sale — a short list right now.
Powered by the Realgorithm™ — real McGregor closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 2024
- Above Grade
- 1,152 sq ft
- Lot Size
- 3.30 acres
- Lot Features
- Accessible Shoreline, Tree Coverage - Medium, Underground Utilities
- Garage
- 3-car (Attached Garage, Gravel, Electric, Insulated Garage)
- Heating
- Boiler, In-Floor Heating
- Cooling
- None
- Appliances
- Air-To-Air Exchanger, Dishwasher, Dryer, Fuel Tank - Rented, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Sewer
- Mound Septic, Private Sewer, Septic System Compliant - Yes
- Water
- Drilled, Private
- Annual Taxes
- $318
- County
- Aitkin
- Days on Market
- 98
39818 257th Avenue is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 39818 257th Avenue
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 Coldwell Banker Realty - Dulut · Shown by Modern Market REALTORS®
Buying a home in McGregor? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7079826 · Data refreshed August 12, 2026
Similar Homes for Sale Near 39818 257th Avenue, McGregor, MN
Frequently Asked Questions About 39818 257th Avenue
- Is $449,000 a good price for a home in McGregor?
- According to BuyPulse, 39818 257th Avenue rates Premium Pricing — at $390/sqft it's priced 33% above the typical McGregor single-family home of $293/sqft. Powered by the Realgorithm™. Browse McGregor homes for sale to compare.
- What type of heating and cooling does 39818 257th Avenue have?
- 39818 257th Avenue has Boiler, In-Floor Heating and None cooling.
- Where is 39818 257th Avenue located?
- 39818 257th Avenue is in McGregor, MN 55760, in Aitkin County.
- Is 39818 257th Avenue still available?
- Yes — 39818 257th Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 39818 257th Avenue built?
- 39818 257th Avenue was built in 2024. It features frame, steel siding construction and a slab foundation.
- Does 39818 257th Avenue have main-floor laundry?
- Yes — the laundry at 39818 257th Avenue is on the main level.
- How many homes like 39818 257th Avenue are for sale in McGregor?
- 9 similar homes (single-family homes between $337K and $561K 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.