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57800 Great River Rd, Palisade, MN, 56469

3beds
2baths
2,401sqft
$814,900
$339price/sqft
$5,032/moest. monthly cost
$201,280/yrincome needed

About This Home

Imagine waking up to 40+ private acres with frontage on the Mississippi River. This versatile property features 3 bedrooms, 2 lofts, and an additional bunk room, making it the perfect year-round home, cabin, or short-term rental opportunity. To make your move even easier, select furniture will stay with the property. Enjoy a heated 2-stall detached garage and a heated/AC 26x40 workshop, along with maintained walking trails, a riverside viewing platform, fire pit, and a garden area. The property borders over 7 acres of state land, providing even more privacy and endless opportunities for outdoor recreation. In-floor heat keeps the home comfortable year-round, while the solar panel system offsets electric costs, covering the average electric bill for approximately eight months each year. Cast a line right from your own property and enjoy fishing on the Mississippi River. This is Up North living at its finest, offering privacy, recreation, and endless possibilities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

8/10
7/10
Aitkin Secondary SchoolGrades 7-1227.6 mi

Construction

Condition

  • Year built: 2004

Materials

  • Roof: Age Over 8 Years
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Microwave,Refrigerator,Wall Oven,Washer
  • Laundry features: Laundry Room,Main Level,Sink

Basement

  • Basement: None

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • 3/4 bathrooms: 2

Bonus Room

  • Level: Main

Dining Room

  • Level: Main

Features

  • Number of fireplaces: 2
  • Fireplace features: Pellet Stove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,401

Heating & Cooling

  • Heating features: Dual Fuel/Off Peak,In-Floor Heating,Wood Stove
  • Cooling features: Ductless Mini-Split

Interior Area

  • Total structure area: 2,401
  • Total interior livable area: 2,401 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Sun Room

  • Level: Main

Workshop

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 180003500
  • Zoning description: Shoreline,Residential-Single Family
  • Foundation area: 1814

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio,Rear Porch
  • Fencing: None
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front
  • Frontage length: Water Frontage: 1913

Lot

  • Lot size: 43.30 Acres
  • Features: Accessible Shoreline,Tree Coverage - Heavy
  • Lot size dimensions: irregular

Parking

  • Total spaces: 3
  • Parking features: Detached Garage,Asphalt,Floor Drain,Heated Garage,Multiple Garages,Paved Lot,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Drought
Hail
Strong Wind
Winter Weather

FEMA Declared Disasters in Aitkin County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $4,120$49,440
Home Insurance *$387$4,644
Property Taxes $323$3,876
Electricity $202$2,430
Total$5,032$60,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,525/yr
40% on housing$150,960/yr
45% on housing$134,186/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$339This listing

vs Other Active Listings

Avg $/sqft

ZIP 56469$142
Aitkin County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 56469
Aitkin County$171

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

DateEventPrice
2026-08-07Price change$799,000
2026-06-29Listed for sale$814,900
2023-03-07Listing removed--
2022-11-18Sold$560,000
2022-11-18Pending sale$575,000
2022-11-18Listing removed--
2022-10-07Pending sale$575,000
2022-08-22Price change$575,000
2022-08-08Listed for sale$599,000
2019-11-22Sold$340,000
2019-10-09Pending sale$355,000
2019-09-11Price change$355,000
2019-07-26Price change$369,900
2019-07-15Listed for sale$374,900
2019-05-29Pending sale$374,900
2019-02-14Listed for sale$374,900

For Sale by Agent

AgentHalie Majerus
BrokerageWoods to Water Real Estate

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