48411 196th Place

McGregor, MN
$ 359,900 Beds 3 Baths 3 Sq 1,804
Monthly Estimate* How much can I afford?

Bring your vision to life with this new construction opportunity just one minute from the public access to Lake Minnewawa! This thoughtfully designed 1,800-square-foot home is being offered as is, giving buyers the rare opportunity to complete the home with finishes that reflect their own style and preferences. The floor plan features three bedrooms (with the potential for a fourth), three bathrooms, and a spacious three-stall attached garage. Planned features include single-level living, engineered hardwood flooring, a large primary suite with a ¾ en-suite bath, quartz countertops, stainless steel appliances, and a gas fireplace. Work with the builder to select your own finishes and create a home that's uniquely yours, or ask your REALTOR® about available options to complete the home. Enjoy all the benefits of new construction while adding your personal touch. Located just moments from Lake Minnewawa, you'll appreciate easy access to boating, fishing, and recreation—without the premium of lakefront taxes. Don't miss this opportunity to customize a brand-new home in a fantastic location.

Single Family

  • Price
  • $ 359,900
  • City
  • McGregor
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • AITKIN
  • Half Bathrooms
  • 0
  • Area
  • Sheshebe Point
  • Lot Size
  • 0.379 Acres
  • Zip
  • 55760
  • Sqr Footage
  • 1,804
  • Year Built
  • 2025
  • Taxes
  • $ 8
  • Style
  • Single Family
  • MLS#
  • 7110351
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1804
Sewer Private Sewer,Tank with Drainage Field
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle,Asphalt
Appliances Dishwasher,Dryer,Exhaust Fan,Gas Water Heater,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 3
Construction Materials Concrete,Frame
Year Built 2025
Electric 200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Aitkin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Sheshebe Point
Full Baths 2
Directions From MN-210 E: turn left onto MN-65 N. Turn right onto Goshawk St,turn left onto 188th Ave. Continue onto 484th St,turn right onto 196th Pl. Property will be on the left.
City McGregor
High School District McGregor
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 8
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Tile Floors
PostalCity McGregor

Interior Features

Basement None
Total Fireplaces 1
Fireplace Features Gas,Living Room
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1804
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 3
Total Baths 3
Bath Desc 3/4 Primary,Main Floor Full Bath,Upper Level Full Bath
Dining Room Description Kitchen/Dining Room
Foundation Dimensions 70x44
Fuel Propane
Garage Dimensions 30x24
Garage Square Feet 720

Exterior Features

Parking Features Attached Garage
Water Source 4-Inch Submersible,Drilled,Private
Lot Size Area 0.379
Building Area Total 1804
Lot Dimensions irr
Waterfront Y/N No
Foundation Area 2391
Road Frontage Type Township
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/17/2026 Listed $359,900

Property vs Zip Code Average in 55760

Price
AVG $500K
$360K
Year Built
AVG 1978
2025
Visits
AVG 44
19
Data Provided by Inside Real Estate®

48411 196th Place McGregor, MN is a Single Family Home for sale at $359900 with 1804 sqft and a lot size of 0.379 Acres Acre(s). 48411 196th Place McGregor has 3 bedrooms, 3 baths and was built in 2025. The property's zip code is 55760 which is in McGregor, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.