47221 220th Place, McGregor, MN 55760
3 Beds | 5 Baths | 3,798 Sq Ft | Single Family Home | MLS# 7084791
M Markdowns — Price Reduced — was $1,295,000 (↓ $10,000)
Is 47221 220th Place a Good Deal?
BuyPulse Verdict
Fair Market Value
At $338/sqft — This home is priced 6% above the typical McGregor single-family home of $318/sqft.
Your Negotiating Position
78 — Strong buyer leverage
Day 131 — McGregor homes overall typically go under contract by day ~16. This one is past that window.
3 similar homes for sale — alternatives if they won't move.
This seller already cut $10,000 — motivation showing.
Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS
$7,534/month Estimated
- Principal & interest
- $6,498
- Property taxes
- $286
- Home insurance (est.)
- $750
- HOA dues
- None
20% down ($257,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Flowage Lake offers access to Big Sandy Lake and provides the setting for this inviting lake home on 3 acres with 100 feet of shoreline. The moment you step inside, the view takes center stage as a wall of windows fills the home with natural light and frames the water beyond. Warm wood finishes and a striking fireplace give the main living area a comfortable feel, while the open design keeps everyone connected whether they're gathered in the kitchen, around the table, or relaxing by the fire. The home features three dedicated bedrooms, including two private suites with walk-in closets and attached baths. Upstairs, a spacious bonus room with its own bathroom offers flexible space for visiting family and friends. The walkout lower level includes a large family room, a third bedroom, and a 3/4 bath. Outside, the deck overlooks a beautifully maintained yard that leads to the shoreline. A large backlot includes a pole building that provides valuable storage, and an older cabin that could be removed or used as additional space that a future owner may choose to update or repurpose. MN National Golf Course sits just across the lake, and Big Sandy Lake itself is only a short boat ride away. With direct access to the water and room to enjoy every season, this is a property designed to bring people together year after year.
3D Home Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $964K and $1.6M in McGregor:
- The field: 3 similar McGregor homes for sale — a short list right now.
Powered by the Realgorithm™ — real McGregor closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2008
- Garage
- 4-Car
- Style
- Two
- HOA
- None
- Annual Taxes
- $3,428 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,546
- Below Grade Sq Ft
- 1,252
- Lot Size
- 3 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Block
- County
- Aitkin
- List Date
- 2026-06-03
- Days on Market
- 131 days
- Parcel ID
- 390044406
Financial
- Total Tax incl. Assessments
- $3,428
Home Systems & Utilities
- Heating
- Ductless Mini-Split, Fireplace(s), In-Floor Heating
- Cooling
- Ductless Mini-Split
- Electric
- 200+ Amp Service
- Water
- Drilled, Private
- Sewer
- Mound Septic, Private Sewer
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
Interior Features
- Laundry
- Main Level
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,252 sqft
- Total Building Area
- 3,798 sqft
Exterior Features
- Exterior Features
- Engineered Wood
- Pool
- Yes
- Fenced Area
- Yes
- Other Structures
- Pole Building, Storage Shed
- View
- Golf Course, North
- Accessibility Features
- Soaking Tub
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Medium
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Statement Realty
Price History
- Price reduced to $1,285,000 — Jul 29, 2026
47221 220th Place is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 47221 220th Place
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 Statement Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7084791 · Data refreshed July 29, 2026
Similar Homes for Sale Near 47221 220th Place, McGregor, MN
Frequently Asked Questions About 47221 220th Place
- Is $1,285,000 a good price for a home in McGregor?
- According to BuyPulse, 47221 220th Place rates Fair Market Value — at $338/sqft it's priced 6% above the typical McGregor single-family home of $318/sqft. Its negotiating-position score is 78/100 (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.
- Does 47221 220th Place have a basement?
- Yes, 47221 220th Place has a finished basement with 1,252 sq ft of below-grade space.
- What type of heating and cooling does 47221 220th Place have?
- 47221 220th Place has Ductless Mini-Split, Fireplace(s), In-Floor Heating and Ductless Mini-Split cooling.
- Where is 47221 220th Place located?
- 47221 220th Place is in McGregor, MN 55760, in Aitkin County.
- Is 47221 220th Place still available?
- Yes — 47221 220th Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 47221 220th Place built?
- 47221 220th Place was built in 2008. It features block construction, an asphalt roof, and a block foundation.
- Does 47221 220th Place have main-floor laundry?
- Yes — the laundry at 47221 220th Place is on the main level.
- How many homes like 47221 220th Place are for sale in McGregor?
- 3 similar homes (single-family homes between $964K and $1.6M 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 6:31 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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