48411 196th Place, McGregor, MN 55760
3 Beds | 3 Baths | 1,804 Sq Ft | Single Family Home | MLS# 7110351
Is 48411 196th Place a Good Deal?
BuyPulse Verdict
Excellent Value
At $200/sqft — This home is priced 37% below the typical McGregor single-family home of $318/sqft.
Your Negotiating Position
68 — Strong buyer leverage
Day 88 — 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.
Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS
$2,031/month Estimated
- Principal & interest
- $1,820
- Property taxes
- $1
- Home insurance (est.)
- $210
- HOA dues
- None
20% down ($71,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Sheshebe Point, McGregor, MN.
About This Home
Bring your vision to life with this new construction opportunity just one minute from the public access to Lake Minnewawa! This thoughtfully designed 1,800-square-foot home is being offered as is, giving buyers the rare opportunity to complete the home with finishes that reflect their own style and preferences. The floor plan features three bedrooms (with the potential for a fourth), three bathrooms, and a spacious three-stall attached garage. Planned features include single-level living, engineered hardwood flooring, a large primary suite with a ¾ en-suite bath, quartz countertops, stainless steel appliances, and a gas fireplace. Work with the builder to select your own finishes and create a home that's uniquely yours, or ask your REALTOR® about available options to complete the home. Enjoy all the benefits of new construction while adding your personal touch. Located just moments from Lake Minnewawa, you'll appreciate easy access to boating, fishing, and recreation—without the premium of lakefront taxes. Don't miss this opportunity to customize a brand-new home in a fantastic location.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $270K and $450K 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
- 2025
- Garage
- 3-Car Attached
- Style
- Two
- HOA
- None
- Annual Taxes
- $8 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,804
- Lot Size
- 0.379 acres
- Basement
- No
- Roof
- Age 8 Years or Less, Architectural Shingle, Asphalt
- Construction
- Concrete, Frame
- County
- Aitkin
- List Date
- 2026-07-16
- Days on Market
- 88 days
- Parcel ID
- 291179900
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- 4-Inch Submersible, Drilled, Private
- Sewer
- Private Sewer, Tank with Drainage Field
- Appliances
- Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Laundry
- Main Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 2,391 sqft
- Total Building Area
- 1,804 sqft
Exterior Features
- Exterior Features
- Engineered Wood
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Road Surface
- Township
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Coldwell Banker Realty
Price History
Listed at $359,900 on Jul 16, 2026 — No price changes
48411 196th Place is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 48411 196th 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 Coldwell Banker Realty · 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# 7110351 · Data refreshed July 18, 2026
Similar Homes for Sale Near 48411 196th Place, McGregor, MN
Frequently Asked Questions About 48411 196th Place
- Is $359,900 a good price for a home in McGregor?
- According to BuyPulse, 48411 196th Place rates Excellent Value — at $200/sqft it's priced 37% below the typical McGregor single-family home of $318/sqft. Its negotiating-position score is 68/100 (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 type of heating and cooling does 48411 196th Place have?
- 48411 196th Place has Forced Air heating and Central Air cooling.
- Where is 48411 196th Place located?
- 48411 196th Place is in the Sheshebe Point neighborhood of McGregor, MN 55760, in Aitkin County.
- Is 48411 196th Place still available?
- Yes — 48411 196th Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 48411 196th Place built?
- 48411 196th Place was built in 2025. It features concrete, frame construction and a slab foundation.
- Does 48411 196th Place have main-floor laundry?
- Yes — the laundry at 48411 196th Place is on the main level.
- How walkable is 48411 196th Place?
- 48411 196th Place 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 48411 196th Place are for sale in McGregor?
- 3 similar homes (single-family homes between $270K and $450K in McGregor) are for sale right now — a short list right now.
- 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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