49760 202nd Place, McGregor, MN 55760
4 Beds | 4 Baths | 4,940 Sq Ft | Single Family Home | MLS# 7116016
Price Reduced — was $1,450,000 (↓ $50,000) · M Markdowns
Is 49760 202nd Place a Good Deal?
BuyPulse Verdict
Strong Value
At $283/sqft — This home is priced 11% below the typical McGregor single-family home of $318/sqft.
Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS
$8,355/month Estimated
- Principal & interest
- $7,079
- Property taxes
- $459
- Home insurance (est.)
- $817
- HOA dues
- None
20% down ($280,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Sandy Lake, McGregor, MN.
About This Home
Luxurious Year-Round Lake Home on Billhorn Bay, Big Sandy Lake with 150 feet of pristine sandy shoreline. Discover your dream waterfront retreat! This stunning, fully furnished 4-bedroom plus loft home sits on the pristine shores of Billhorn Bay on Big Sandy Lake. Offering exceptional craftsmanship and breathtaking panoramic lake views, this luxurious property is perfect for year-round living and unforgettable family gatherings. Step inside the dramatic main level featuring soaring vaulted ceilings, a magnificent gas-burning stone fireplace, and expansive windows that frame the sparkling water. The gourmet kitchen is a chef’s delight, complemented by beautiful new wood flooring throughout. Three spacious bedrooms and two full baths provide comfort and convenience on this level, while the open layout flows seamlessly to the large lakeside deck — ideal for entertaining, sunset dinners, or simply relaxing with a view. The lower level is an entertainer’s paradise with a custom wet bar, expansive family room showcasing higher-end woodwork and finishes, and massive amounts of storage. A walkout lower level design brings you directly to the stunning scenery. Additional highlights include a custom professional pool table with custom high-top chairs and a bubble hockey game — ready for hours of fun with family and friends. The property comes completely turn-key, fully furnished on all levels with quality high end furniture, all appliances, wall décor, and equipment. No detail has been overlooked. Outside, enjoy 150 feet of pristine sandy shoreline with your own personal electronic tram leading to the water and your own personal boathouse. Additional features include a private detached bunk house and garage with a dedicated entertaining area complete with stainless steel appliances and ample shelving — perfect for tailgating or hobby space. This is truly a must-see property that offers the perfect blend of luxury, comfort, and recreation. Whether you're looking for a primary residence or a spectacular lake home, this turn-key gem on Big Sandy Lake is ready for you to make lifelong memories
Key Features
- Built
- 1999
- Garage
- 2-Car Attached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $5,506 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,680
- Below Grade Sq Ft
- 2,260
- Lot Size
- 0.925 acres
- Basement
- Yes
- Roof
- Age Over 8 Years, Asphalt
- Construction
- Frame
- County
- Aitkin
- List Date
- 2026-07-28
- Days on Market
- 76 days
- Parcel ID
- 291139600
Financial
- Total Tax incl. Assessments
- $5,506
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air
- Electric
- Circuit Breakers, 200+ Amp Service
- Water
- 4-Inch Submersible, Drilled, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Rented, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
Interior Features
- Laundry
- Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 2,260 sqft
- Total Building Area
- 3,940 sqft
Exterior Features
- Exterior Features
- Cedar, Wood
- Pool
- Yes
- Fenced Area
- Yes
- Other Structures
- Garage(s), Bunk House, Boat House
- View
- East, Lake, Panoramic
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Asphalt, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Heavy, Tree Coverage - Medium
- Road Surface
- Township
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- RE/MAX Advantage Plus
Price History
- Price reduced to $1,400,000 — Sep 1, 2026
49760 202nd Place is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 49760 202nd Place
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View Full Listing & PhotosMLS# 7116016 · Data refreshed September 1, 2026
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Frequently Asked Questions About 49760 202nd Place
- Is $1,400,000 a good price for a home in McGregor?
- According to BuyPulse, 49760 202nd Place rates Strong Value — at $283/sqft it's priced 11% below the typical McGregor single-family home of $318/sqft. Powered by the Realgorithm™. Browse McGregor homes for sale to compare.
- Does 49760 202nd Place have a basement?
- Yes, 49760 202nd Place has a finished basement with 2,260 sq ft of below-grade space.
- What type of heating and cooling does 49760 202nd Place have?
- 49760 202nd Place has Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 49760 202nd Place located?
- 49760 202nd Place is in the Sandy Lake neighborhood of McGregor, MN 55760, in Aitkin County.
- Is 49760 202nd Place still available?
- Yes — 49760 202nd Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 49760 202nd Place built?
- 49760 202nd Place was built in 1999. It features frame construction and a block foundation.
- Does 49760 202nd Place have main-floor laundry?
- Yes — the laundry at 49760 202nd Place is on the main level.
- How walkable is 49760 202nd Place?
- 49760 202nd Place has a Walk Score of 3/100 (Car-Dependent) and a Bike Score of 9/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- 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.
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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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