48405 197th Avenue, Mcgregor, MN 55760 (MLS# 7157215)
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$440,000
48405 197th Avenue
Mcgregor, MN 55760
MLS# 7157215
3 beds | 2 baths | 1408 sqft
Property Description Enjoy year-round living on Lake Minnewawa with 70 feet of nice shoreline, gradual elevation to the water, and a beautiful yard shaded by mature trees. This 3-bedroom, 2-bath home features a comfortable living room with a fireplace and a family room with a walkout basement. A lakeside deck with great views of the water can be accessed from the living room and dining room making indoor and outdoor living seamless. One bedroom and full bath are located on the main floor, while the walkout lower level has a family room and two additional bedrooms, including one with direct access to the lakeside patio. The gently sloping yard leads down to the water's edge, with plenty of space to enjoy the outdoors and spend evenings around a fire. A detached two-stall garage has an unfinished bonus room above, adding extra space for storage or future use. Plenty of space to make this place your own and enjoy lake life for years to come.
Status: Active
Contingency: None
Current Price: 440000
Original List Price: 440000
ListPrice: 440000
List Date: 2026-10-08
Owner is an Agent?: No
Auction?: No
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Road Btwn WF & Home?: No
Waterfront Frontage: 70
Waterfront YN: Yes
Year Built: 1987
Yearly/Seasonal: Yearly
Zoning: Shoreline, Residential-Single Family
Bedrooms: 3
Baths Total: 2
Bath Full: 1
Bath Three Quarters: 1
Main Floor Total SqFt: 704
Above Grd Total SqFt: 704
Below Grd Total SqFt: 704
Total SqFt: 1408
Total Finished Sqft: 1408.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnewawa
Style: (SF) Single Family
Foundation Size: 704
Power Company: Lake Country Power
Garage Stalls: 2
Lot Dimensions: 70x480
Acres: 0.54
Assessment Pending: No
House Number: 48405
Street Name: 197th
Street Suffix: Avenue
Postal City: Mcgregor
Zip Code: 55760
Complex/Dev/Subdivision: Sheshebe Point
Tax With Assessments: 1898
Foundation Dimensions: 22x32
Finished SqFt Above Ground: 704
Finished SqFt Below Ground: 704
Elevation Highpoint Waterfront Feet: 4-10
Lake Acres: 2451
Lake Depth: 20
Land Leased: Not Applicable
DP Resource: Yes
Homestead: Yes
Garage Dimensions: 24x28
Garage Square Feet: 672
Amenities Unit: Ceiling Fan(s); Deck; Kitchen Window; Patio
Appliances: Range; Refrigerator
Bath Description: Main Floor Full Bath; 3/4 Basement
Construction Materials: Block
Construction Status: Previously Owned
Dining Room Description: Kitchen/Dining Room
Elevation Highpoint to Waterfront Slope: Gradual
Fireplace Characteristics: Wood Burning
Foundation: Concrete Block
Heating: Wood Stove; Other
Lake Details: Hard; Rocky; Sand
Laundry: In Basement; Washer Hookup
Lot Description: Accessible Shoreline; Tree Coverage - Medium
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Conventional
Sewer: Septic System Compliant - Yes; Tank with Drainage Field
Special Search: Main Floor Bedroom
Waterfront Type: Lake Front
Room Name Dimensions Level Dining Room 9x10 Main Family Room 18x10 Lower First (1st) Bedroom 12x10 Main Kitchen 16x10 Main Living Room 16x11 Main Second (2nd) Bedroom 9x10 Lower Third (3rd) Bedroom 13x10 Lower
Listing Office: Statement Realty
Last Updated: October - 09 - 2026
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Friday 9th of October 2026 11:02 PM