1997 single family home for sale at 49471 397th Place in Palisade, MN — 2 bed, 1 bath (photo 1 of 11)

49471 397th Place, Palisade, MN 56469

2 Beds | 1 Bath | 712 Sq Ft | Single Family Home | MLS# 7141158

$315,000

Is 49471 397th Place a Good Deal?

BuyPulse Verdict

Premium Pricing

At $442/sqft — This home is priced 80% above the typical Palisade single-family home of $246/sqft.

Powered by the Realgorithm™ — 11 active Palisade listings · NorthstarMLS

$1,873/month Estimated

Principal & interest
$1,593
Property taxes
$96
Home insurance (est.)
$184
HOA dues
None

20% down ($63,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Palisade, MN Active

About This Home

This darling renovated cabin is situated along 156ft of sandy shoreline on Esquagamah lake with absolutely breath-taking sunsets and lake views. Everything has been redone to include a second bedroom, new carpet, new kitchen cabinets, appliances, fresh paint, Wi-Fi controlled heating and cooling, $3500 composting toilet, to new custom wood blinds. There's a bunkhouse with extra room for friends and family to stay and a fish cleaning house to clean the catch of the day. This deep lake is 842 acres and is said by locals to be great fishing for sunfish, northern pike, walleye, largemouth bass and more. Included is a new mini-split for heating and cooling. Dock and boat lift stay, some furnishings negotiable. You will not want to miss this opportunity to be at the water's edge with wooded privacy, exceptional swimming and the most amazing sunsets!

Key Features

Built
1997
Style
One
HOA
None
Annual Taxes
$1,146 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
712
Lot Size
1.6 acres
Basement
No
Roof
Age 8 Years or Less, Asphalt, Pitched
Construction
Frame
County
Aitkin
List Date
2026-09-28
Days on Market
14 days
Parcel ID
350030510

Financial

Total Tax incl. Assessments
$1,146

Home Systems & Utilities

Heating
Ductless Mini-Split
Cooling
Ductless Mini-Split
Electric
100 Amp Service
Water
Sand Point, Well
Sewer
Outhouse, Septic System Compliant - Yes
Appliances
Microwave, Range, Refrigerator

Interior Features

Laundry
None
Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
Slab
Foundation Area
712 sqft
Total Building Area
712 sqft

Exterior Features

Exterior Features
Wood
Other Structures
Bunk House, Storage Shed
View
Lake, West
Accessibility Features
No Stairs Internal

Parking & Garage

Parking Features
Gravel, Driveway - Other Surface

Lot & Land

Lot Features
Accessible Shoreline, Tree Coverage - Medium
Zoning Description
Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
Thunder Lake Realty

Price History

Listed at $315,000 on Sep 21, 2026 — No price changes

49471 397th Place is listed in Palisade, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 49471 397th Place

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Palisade real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Thunder Lake Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7141158 · Data refreshed October 9, 2026

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Frequently Asked Questions About 49471 397th Place

Is $315,000 a good price for a home in Palisade?
According to BuyPulse, 49471 397th Place rates Premium Pricing — at $442/sqft it's priced 80% above the typical Palisade single-family home of $246/sqft. Powered by the Realgorithm™. Browse Palisade homes for sale to compare.
What type of heating and cooling does 49471 397th Place have?
49471 397th Place has Ductless Mini-Split heating and Ductless Mini-Split cooling.
Where is 49471 397th Place located?
49471 397th Place is in Palisade, MN 56469, in Aitkin County.
Is 49471 397th Place still available?
Yes — 49471 397th Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 49471 397th Place built?
49471 397th Place was built in 1997. It features frame construction and a slab foundation.
How walkable is 49471 397th Place?
49471 397th Place has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 25/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →

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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.