48525 194th Pl, McGregor, MN, 55760
About This Home
Enjoy the simple cabin life in this charming one-level, 2-bedroom, 1-bath home nestled in a quiet bay on beautiful Lake Minnewawa. From morning coffee on the deck to evenings by the fire or a relaxing soak in the hot tub this inviting retreat is made for making memories. Lets not forget the amazing sunsets! The property includes a detached garage with a new mini split and metal roof, perfect for storing boats, ATVs, and lake toys, plus a convenient workbench area. Experience the best of every season at the lake: boating and fishing in summer, ATV and snowmobiling or ice fishing in winter. This well-kept, easy-to-maintain cabin is move-in ready and waiting for you to start living your lake dream!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Microwave,Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Partial
Bedroom
- Level: Main
- Area: 207.48
- Dimensions: 13.3x15.6
Bedroom2
- Level: Main
- Area: 110.2
- Dimensions: 9.5x11.6
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Deck
- Level: Main
- Area: 324
- Dimensions: 18x18
Deck
- Level: Main
- Area: 160
- Dimensions: 16x10
Deck
- Level: Main
- Area: 30
- Dimensions: 6x5
Dining Room
- Level: Main
- Area: 90
- Dimensions: 10x9
Features
- Finished area below ground: 0
- Finished area above ground: 977
Foyer
- Level: Main
- Area: 85.8
- Dimensions: 11x7.8
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 977
- Total interior livable area: 977 sqft
Kitchen
- Level: Main
- Area: 144
- Dimensions: 12x12
Living Room
- Level: Main
- Area: 148.5
- Dimensions: 11x13.5
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 291158100
- Zoning description: Residential-Single Family
- Foundation area: 977
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Front Porch
- Fencing: Wood
- Has view: Yes
- View description: Bay,West
- Has water view: Yes
- Water view: Bay
- On waterfront: Yes
- Waterfront features: Lake Front,Waterfront Elevation(15-26),Lake Bottom(Hard,Sand)
- Frontage length: Water Frontage: 50
Lot
- Lot size: 0.37 Acres
- Features: Tree Coverage - Medium
- Lot size dimensions: 50 x 316 x 50 x 317
Parking
- Total spaces: 2
- Parking features: Detached Garage,Gravel,Shared Driveway,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
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 | $2,022 | $24,264 |
| Home Insurance * | $208 | $2,496 |
| Property Taxes | $192 | $2,304 |
| Electricity | $170 | $2,050 |
| Total | $2,592 | $31,104 |
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 |
|---|---|---|
| 2026-04-01 | Listed for sale | $399,900 |
| 2026-04-01 | Listing removed | $399,900 |
| 2025-11-11 | Listed for sale | $399,900 |
| 2023-08-24 | Sold | $338,235 |
| 2023-08-02 | Pending sale | $344,900 |
| 2023-07-23 | Listing removed | -- |
| 2023-07-12 | Price change | $344,900 |
| 2023-06-03 | Listed for sale | $349,900 |
| 2022-12-01 | Listing removed | -- |
| 2022-09-16 | Listed for sale | $339,000 |
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