48598 194th Place, McGregor, MN 55760
2 Beds | 2 Baths | 1,600 Sq Ft | Single Family Home | MLS# 7112818
Is 48598 194th Place a Good Deal?
BuyPulse Verdict
Strong Value
At $293/sqft — This home is priced 8% below the typical McGregor single-family home of $318/sqft.
Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS
$2,842/month Estimated
- Principal & interest
- $2,372
- Property taxes
- $191
- Home insurance (est.)
- $274
- Special assessments
- $5
- HOA dues
- None
20% down ($93,800) · 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
Enjoy nearly 255 feet of hard-bottom shoreline with 180 degrees of west facing lake views. This beautifully maintained lake property provides natural privacy with towering trees on a secluded cul-de-sac. Offering 2 bedrooms and 2 bathrooms, the home features an expansive deck overlooking the water, while the walkout lower level provides easy access to the shoreline. With 1 bedroom and 1 bathroom on each level, the living space is comfortable and offers room to spread out. Outside, the landscape changes with the seasons, while the peaceful setting and lake remain the constant backdrop. The attached three-stall garage provides excellent storage, and the unfinished upper level offers potential for additional living space or expanded storage. A standby generator adds peace of mind, complementing a property that has been thoughtfully cared for inside and out.
3D Home Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $352K and $586K 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
- 1950
- Garage
- 3-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,297 (2026)
- Specials/yr
- $65
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 800
- Below Grade Sq Ft
- 800
- Lot Size
- 0.41 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Block
- County
- Aitkin
- List Date
- 2026-07-21
- Days on Market
- 83 days
- Parcel ID
- 291158500
Financial
- Total Tax incl. Assessments
- $2,362
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, In-Floor Heating
- Cooling
- Central Air
- Water
- Shared System, Well
- Sewer
- Holding Tank
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
Interior Features
- Laundry
- In Basement
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 800 sqft
- Total Building Area
- 1,600 sqft
Exterior Features
- Exterior Features
- Metal, Vinyl
- Pool
- Yes
- Fenced Area
- Yes
- Accessibility Features
- Roll-In Shower, Soaking Tub
Parking & Garage
- Parking Features
- Attached Garage, Concrete
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Medium
- Road Surface
- Township
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Statement Realty
Price History
Listed at $469,000 on Jul 21, 2026 — No price changes
48598 194th Place is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 48598 194th Place
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Listed by Statement Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7112818 · Data refreshed September 21, 2026
Similar Homes for Sale Near 48598 194th Place, McGregor, MN
Frequently Asked Questions About 48598 194th Place
- Is $469,000 a good price for a home in McGregor?
- According to BuyPulse, 48598 194th Place rates Strong Value — at $293/sqft it's priced 8% below the typical McGregor single-family home of $318/sqft. Powered by the Realgorithm™. Browse McGregor homes for sale to compare.
- What are the special assessments at 48598 194th 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 $2,297/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.
- Does 48598 194th Place have a basement?
- Yes, 48598 194th Place has a finished basement with 800 sq ft of below-grade space.
- What type of heating and cooling does 48598 194th Place have?
- 48598 194th Place has Forced Air, In-Floor Heating and Central Air cooling.
- Where is 48598 194th Place located?
- 48598 194th Place is in the Sheshebe Point neighborhood of McGregor, MN 55760, in Aitkin County.
- Is 48598 194th Place still available?
- 48598 194th Place is currently pending. The seller may still accept backup offers — contact us to learn more.
- When was 48598 194th Place built?
- 48598 194th Place was built in 1950. It features block construction, an asphalt roof, and a block foundation.
- Does 48598 194th Place have main-floor laundry?
- No — the laundry at 48598 194th Place is in the lower level.
- How many homes like 48598 194th Place are for sale in McGregor?
- 9 similar homes (single-family homes between $352K and $586K 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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