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3 Beds | 3 Baths | 3,952 Sq Ft | Single Family Home | MLS# 7143717
M Markdowns — Price Reduced — was $1,325,000 (↓ $50,000)
Is 50796 202nd Place a Good Deal?
BuyPulse Verdict
Fair Market Value
At $323/sqft — This home is priced right at the typical McGregor single-family home of $318/sqft.
Your Negotiating Position
78 — Strong buyer leverage
Day 28 — 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.
This seller already cut $50,000 — motivation showing.
Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS
$7,623/month Estimated
- Principal & interest
- $6,447
- Property taxes
- $432
- Home insurance (est.)
- $744
- HOA dues
- None
20% down ($255,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Ponderosa Shores, McGregor, MN.
About This Home
BIG SANDY LAKE- This is the kind of property that people dream about. It features a custom built home located on the deep water bay of the lake. It has a very gradual slope to the water. This is a very private lot on a 150 ft of sandy shoreline. No muck here! The home fearures 3976 square feet with 3 bedrooms & 3 baths. Two fireplaces with floor to ceiling brick. Lakeside deck is 12'x16' w/aluminum railing, and no maintenance decking and it faces east. Large casement windows give you a panoramic view of the lake. Maple hardwood flooring in the kitchen and dining areas. A built in double wall oven and dishwasher. The Jenn-Air electric range interchanges to an indoor grill. Beautiful oak cupboards and custom oversized trim throughout the house. L.E.D. lighting throughout including the security lights, garage, and boat house. An attached 3 car oversized heated garage with built-in storage racks across the front. Front porch is 4'x27'. There is a perennial garden next to the driveway, A rose garden facing the lake. A big lilac bush for that wonderful spring air smell. Hydrangeas by the house, and peonies along the boat house. Property includes the 6 ft wide Floe dock system that features an 8'x18' sundeck, 6' corner wedge, a set of swivel rocker chairs/table, ladder and bumpers. 5 foot depth at the end of the dock. Lakeside boathouse is 12'x22' and has electricity. Home is all Redwwod including the trim. Freshly painted in 2025. Big Sandy Lake is nearly 10,000 acres and then add in the Prairie River, Sandy River, Sandy Flowage Lake, and Aitkin Lake. So you have plenty of water for boating, snowmobiling and fishing, Just 10 minutes to the Savannah State Park & the Continental Divide.
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $956K and $1.6M 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
- 1988
- Garage
- 3-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $5,182 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,988
- Below Grade Sq Ft
- 1,964
- Lot Size
- 0.917 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame
- County
- Aitkin
- List Date
- 2026-09-14
- Days on Market
- 28 days
- Parcel ID
- 291507700
Financial
- Total Tax incl. Assessments
- $5,182
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s), Humidity Control, In-Floor Heating
- Cooling
- Central Air
- Electric
- Circuit Breakers, 200+ Amp Service
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Air-To-Air Exchanger, Cooktop, Dishwasher, Double Oven, Dryer, Electric Water Heater, Fuel Tank - Rented, Humidifier, Indoor Grill, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
Interior Features
- Laundry
- Laundry Room, Main Level
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,988 sqft
- Total Building Area
- 3,952 sqft
Exterior Features
- Exterior Features
- Wood
- Other Structures
- Boat House
- View
- East, Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Asphalt, Electric, Finished Garage, Garage Door Opener, Insulated Garage
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- No Outlet/Dead End, Paved Streets, Township
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- McGregor Realty & Property
Price History
- Price reduced to $1,275,000 — Oct 3, 2026
50796 202nd Place is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 50796 202nd 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 McGregor Realty & Property · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7143717 · Data refreshed October 3, 2026
Similar Homes for Sale Near 50796 202nd Place, McGregor, MN
Frequently Asked Questions About 50796 202nd Place
- Is $1,275,000 a good price for a home in McGregor?
- According to BuyPulse, 50796 202nd Place rates Fair Market Value — at $323/sqft it's priced right at the typical McGregor single-family home of $318/sqft. Its negotiating-position score is 78/100 (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.
- Does 50796 202nd Place have a basement?
- Yes, 50796 202nd Place has a finished basement with 1,964 sq ft of below-grade space.
- What type of heating and cooling does 50796 202nd Place have?
- 50796 202nd Place has Forced Air, Fireplace(s), Humidity Control, In-Floor Heating and Central Air cooling.
- Where is 50796 202nd Place located?
- 50796 202nd Place is in the Ponderosa Shores neighborhood of McGregor, MN 55760, in Aitkin County.
- Is 50796 202nd Place still available?
- Yes — 50796 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 50796 202nd Place built?
- 50796 202nd Place was built in 1988. It features frame construction, an asphalt roof, and a block foundation.
- Does 50796 202nd Place have main-floor laundry?
- Yes — the laundry at 50796 202nd Place is on the main level.
- How walkable is 50796 202nd Place?
- 50796 202nd Place has a Walk Score of 3/100 (Car-Dependent) and a Bike Score of 26/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 50796 202nd Place are for sale in McGregor?
- 3 similar homes (single-family homes between $956K and $1.6M in McGregor) are for sale right now — a short list right now.
- 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.
- 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.