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2 Beds | 1 Bath | 896 Sq Ft | Single Family Home | MLS# 7157023
Is 48498 190th Place a Good Deal?
BuyPulse Verdict
Premium Pricing
At $557/sqft — This home is priced 75% above the typical McGregor single-family home of $318/sqft.
Your Negotiating Position
48 — Balanced market
Day 5 — McGregor homes overall typically go under contract by day ~16, so this one is early in its window.
9 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS
$3,009/month Estimated
- Principal & interest
- $2,526
- Property taxes
- $187
- Home insurance (est.)
- $291
- Special assessments
- $5
- HOA dues
- None
20% down ($99,900) · 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.
Located in Sheshebe Point, McGregor, MN.
About This Home
FALL EXCLUSIVE! Immaculate year round cabin with 100' of pristine, level sand beach on sought after Minnewawa Lake. In 2004 this cabin was rebuilt from the studs up and everything is brand new! It has been very sparing used for overflow guests from the main home. You'll fall in love with this nicely wooded lot with the cabin sitting close to the waters edge! The large lake lot has additional room for future expansion plus room for a large storage garage if desired. With as beautiful as this lot is, the cabin is even more impressive! Once you set foot inside you'll love the gorgeous woodwork, custom cabinetry, rock fireplace and lake front views. This cabin comes turn key ready to enjoy with beautiful appliances, decor and furniture. You can truly bring your cloths and fishing pole and it's ready to enjoy. Comes with a roll in Floe Dock system (boat lift not included). This property is available for a short time while the weather holds, before a spring price increase, so ACT FAST!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $375K and $624K 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
- Built
- 2004
- Garage
- 2-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,241 (2026)
- Specials/yr
- $65
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 896
- Lot Size
- 0.66 acres
- Basement
- No
- Roof
- Age 8 Years or Less, Architectural Shingle, Pitched
- Construction
- Frame
- County
- Aitkin
- List Date
- 2026-10-07
- Days on Market
- 5 days
- Parcel ID
- 291165300
Financial
- Total Tax incl. Assessments
- $2,306
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air
- Electric
- Circuit Breakers
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Sewer
- Private Sewer, Tank with Drainage Field
- Appliances
- Dryer, Electric Water Heater, Exhaust Fan, Fuel Tank - Owned, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Laundry
- Electric Dryer Hookup, Laundry Closet, Main Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 896 sqft
- Total Building Area
- 896 sqft
Exterior Features
- Exterior Features
- Vinyl
- Other Structures
- Garage(s), Storage Shed
- View
- East, Lake, Panoramic
- Accessibility Features
- No Stairs Internal
Parking & Garage
- Parking Features
- Detached Garage, Gravel, Garage Door Opener
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Heavy
- Road Surface
- No Outlet/Dead End, Township, Unpaved Streets
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Aspen Realty
Price History
Listed at $499,500 on Oct 7, 2026 — No price changes
48498 190th Place is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 48498 190th Place
Associate Broker · Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7157023 · Data refreshed October 11, 2026
Similar Homes for Sale Near 48498 190th Place, McGregor, MN
Frequently Asked Questions About 48498 190th Place
- Is $499,500 a good price for a home in McGregor?
- According to BuyPulse, 48498 190th Place rates Premium Pricing — at $557/sqft it's priced 75% above the typical McGregor single-family home of $318/sqft. Its negotiating-position score is 48/100 (Balanced market), 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 48498 190th Place — 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 $2,241/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 48498 190th Place have?
- 48498 190th Place has Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 48498 190th Place located?
- 48498 190th Place is in the Sheshebe Point neighborhood of McGregor, MN 55760, in Aitkin County.
- Is 48498 190th Place still available?
- Yes — 48498 190th Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 48498 190th Place built?
- 48498 190th Place was built in 2004. It features frame construction and a block foundation.
- Does 48498 190th Place have main-floor laundry?
- Yes — the laundry at 48498 190th Place is on the main level.
- How walkable is 48498 190th Place?
- 48498 190th 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 48498 190th Place are for sale in McGregor?
- 9 similar homes (single-family homes between $375K and $624K 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, 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.
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.