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3 Beds | 3 Baths | 2,519 Sq Ft | Single Family Home | MLS# 7124295
Is 53375 Lake Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $182/sqft — This home is priced 43% below the typical McGregor single-family home of $318/sqft.
Your Negotiating Position
68 — Strong buyer leverage
Day 27 — McGregor homes overall typically go under contract by day ~16. This one is past that window.
9 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 26 active McGregor listings · NorthstarMLS
$2,787/month Estimated
- Principal & interest
- $2,323
- Property taxes
- $196
- Home insurance (est.)
- $268
- HOA dues
- None
20% down ($91,900) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Set on approximately 10 wooded acres, with Savanna Portage State Park bordering the east property line and the Glacier Lake Aquatic Management Area along the south, this property offers an exceptional setting for outdoor recreation, wildlife and room to roam. Public access to Big Sandy Lake is just minutes away. A 40x80 pole building with lean-to, 26x32 workshop with in-floor heat and attached heated two-stall garage offer substantial space for storage, equipment and hobbies. The well-maintained home offers warm wood tones and Northwoods character throughout. A two-sided brick fireplace anchors the upper living and dining areas, with a kitchen featuring stainless appliances and breakfast bar seating. The main level includes laundry and a half bath. The finished lower level offers a second living area with stone fireplace, custom bar and walkout access. A Generac whole-home backup generator adds peace of mind year-round. Outside, enjoy the deck and firepit seating area surrounded by mature trees. With room for recreation and everyday living, this property combines acreage, substantial outbuilding space and easy access to the outdoors.
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $345K and $574K 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
- 1989
- Garage
- 10-Car
- Style
- Three Level Split
- HOA
- None
- Annual Taxes
- $2,354 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,522
- Below Grade Sq Ft
- 997
- Lot Size
- 10 acres
- Basement
- Yes
- Roof
- Asphalt
- County
- Aitkin
- List Date
- 2026-09-18
- Days on Market
- 24 days
- Parcel ID
- 320044601
Financial
- Total Tax incl. Assessments
- $2,354
Home Systems & Utilities
- Heating
- Dual Fuel/Off Peak, Forced Air, Fireplace(s)
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- Drilled, Private, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Dishwasher, Dryer, Exhaust Fan, Freezer, Fuel Tank - Rented, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Interior Features
- Laundry
- Main Level, Sink
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,452 sqft
- Total Building Area
- 2,939 sqft
Exterior Features
- Exterior Features
- Cedar
- Other Structures
- Garage(s), Lean-To, Pole Building, Workshop
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Asphalt, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Storage
Lot & Land
- Lot Features
- Property Adjoins Public Land, Tree Coverage - Heavy
- Road Surface
- County Road, Paved Streets
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Northland Sotheby's International Realty
Price History
Listed at $459,500 on Sep 15, 2026 — No price changes
53375 Lake Avenue is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 53375 Lake Avenue
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 Northland Sotheby's International Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7124295 · Data refreshed September 30, 2026
Similar Homes for Sale Near 53375 Lake Avenue, McGregor, MN
Frequently Asked Questions About 53375 Lake Avenue
- Is $459,500 a good price for a home in McGregor?
- According to BuyPulse, 53375 Lake Avenue rates Excellent Value — at $182/sqft it's priced 43% below the typical McGregor single-family home of $318/sqft. Its negotiating-position score is 68/100 (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 53375 Lake Avenue have a basement?
- Yes, 53375 Lake Avenue has a finished basement with 997 sq ft of below-grade space.
- What type of heating and cooling does 53375 Lake Avenue have?
- 53375 Lake Avenue has Dual Fuel/Off Peak, Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 53375 Lake Avenue located?
- 53375 Lake Avenue is in McGregor, MN 55760, in Aitkin County.
- Is 53375 Lake Avenue still available?
- Yes — 53375 Lake Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 53375 Lake Avenue built?
- 53375 Lake Avenue was built in 1989. It features an asphalt roof and a block foundation.
- Does 53375 Lake Avenue have main-floor laundry?
- Yes — the laundry at 53375 Lake Avenue is on the main level.
- How walkable is 53375 Lake Avenue?
- 53375 Lake Avenue has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 17/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 53375 Lake Avenue are for sale in McGregor?
- 9 similar homes (single-family homes between $345K and $574K 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.