48566 Lake Ave, McGregor, MN, 55760
About This Home
This year round 3 bedroom country home has a fresh complete remodel! The lucky new owner of this home will be get to enjoy a fresh new home, including new furnace, central A/C, windows, roof, sheetrock, flooring, appliances and soo much more. The home has a nice open floor plan on the main level with a lower level that boasts a 3rd bedroom, family room, 2 utility rooms and a huge Laundry that has room for quilting, hobby's, a bedroom or whatever your needs may be! The spacious kitchen offers tons of cabinet space and new stainless appliances, including Dish Washer and a Gas Range. Includes a lifetime dry basement warranty from Northern States Basement System of Duluth, MN!! You will love this properties excellent location, situated between Big Sandy Lake and Lake Minnewawa. You can enjoy public accesses to both these great lakes only blocks away. The home sits on 6 nicely wooded lots and would make a great year round home or cabin. Located close to many great area lakes, atv and snowmobile trails, Savanna State Park, Minnesota National Golf, supper clubs, public land for hunting and so much more. You can have everything this great northland has to offer right out your front door.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Gas Water Heater,Range,Refrigerator,Stainless Steel Appliance(s),Washer
- Laundry features: In Basement,Laundry Room
Basement
- Has basement: Yes
- Basement: Block,Drainage System,Egress Window(s),Finished,Partial
Bedroom
- Level: Main
- Area: 168
- Dimensions: 14X12
Bedroom2
- Level: Main
- Area: 143
- Dimensions: 11X13
Bedroom3
- Level: Lower
- Area: 121
- Dimensions: 11X11
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Family Room
- Level: Lower
- Area: 260
- Dimensions: 13X20
Features
- Finished area below ground: 682
- Finished area above ground: 916
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,598
- Total interior livable area: 1,598 sqft
Kitchen
- Level: Main
- Area: 180
- Dimensions: 15X12
Laundry
- Level: Lower
- Area: 144
- Dimensions: 12X12
Living Room
- Level: Main
- Area: 195
- Dimensions: 13X15
Utility Room
- Level: Lower
Utility Room
- Level: Lower
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 291109300
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Rented
- Foundation area: 916
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking
Lot
- Lot size: 0.75 Acres
- Features: Tree Coverage - Medium
- Lot size dimensions: irregular
Parking
- Parking features: Gravel
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Aitkin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,111 | $13,332 |
| Home Insurance * | $114 | $1,368 |
| Property Taxes | $96 | $1,152 |
| Electricity | $170 | $2,050 |
| Total | $1,491 | $17,892 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Listed for sale | $219,900 |
| 2013-11-01 | Sold | $50,250 |
| 2013-06-13 | Price change | $59,500 |
| 2013-06-07 | Listed for sale | $63,500 |
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