2004 single family home for sale at 48498 190th Place in McGregor, MN — 2 bed, 1 bath (photo 1 of 53)

48498 190th Place, McGregor, MN 55760

2 Beds | 1 Bath | 896 Sq Ft | Single Family Home | MLS# 7157023

$499,500

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.

McGregor, MN Active

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

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 Aspen Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7157023 · Data refreshed October 11, 2026

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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.

MLS GRID 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.