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48861 187th Place

McGregor, MN 55760

3 beds
2 baths
1,976 sqft
~1 acre lot
$265 per sqft
2021 build
– on site

This charming 2-storey lake home, set on over an acre, offers stunning lake views that create a serene & picturesque atmosphere. The main level features a cozy primary bedroom with a 3/4 bath, while two additional spacious bedrooms are complemented by another 3/4 bath. The large loft provides a versatile space, perfect for a gathering area or extra guest accommodations. With its open-concept layout, this home strikes a perfect balance between relaxation and entertainment, making it ideal for both quiet moments and hosting friends or family. The large loft overlooks the great room with soaring vaulted ceilings, offering an airy and open feel. The wall of windows brings in natural light while providing an uninterrupted view of the serene lake. The inviting great room is anchored by a gas fireplace, creating a warm atmosphere for cool evenings. The gourmet kitchen is a chef’s dream, complete with knotty alder woodwork, a large center island, and stainless-steel appliances, perfect for preparing meals and hosting family and friends. Whether you're stepping out onto the large cedar deck overlooking the lake or sitting in the vaulted screen porch, both options offer a great way to relax and enjoy nature. The full walk-out basement is a blank canvas, ready to be finished to your liking. It already includes 2 flex rooms, and a bathroom framed in and waiting to be completed. The Roof is a standing seam metal, lifetime roof, and the entire home is spray foam insulation. This home is in a perfect location, near the sandbar, minutes from the Minnesota National Golf course, bars, and restaurants. Come enjoy lake life with this home offering comfort, style, and functionality with an unmatched location by the water.

Listing courtesy of NORTHSTAR / Janae Ashton / LPT Realty, LLC

Last checked: Checking… • Last updated Apr 22, 2025 •

MLS# 6678945 —

The Building

Year Built:

2021
New Construction:

false
Age Of Property:

4
Construction Materials:

Wood Siding
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1176.0000
Basement:

Unfinished, Walkout
Basement:

true
Foundation Area:

1176
Manufactured Home:

No
Building Area Total:

1976
Above Grade Finished Area:

1976

Interior

Dining Room Description:

Kitchen/Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas
Amenities:

Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Main Floor Primary Bedroom,Tile Floors,Vaulted Ceiling(s)

Room Dimensions

Living Area:

1976

Location

Directions:

Take Hwy 65 north of McGregor for 7 miles then right onto Lake Ave. Take Lake Ave. for 2.3 miles then right onto 490th Street. Take 490th Street for 1.6 miles then right onto 187th Place to sign on the right.
Latitude:

46.72205
Longitude:

-93.251403

The Property

Parcel Number:

291508601
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Subtype:

Cabin,Loft
Property Attached:

false
Additional Parcels:

false
Lot Features:

Accessible Shoreline
Lot Size Area:

1.01
Lot Size Dimensions:

198x141x266x234
Lot Size SqFt:

43995.6
Lot Size Units:

Acres
Lake Chain:

N
Lake Acres:

2451
Lake Depth:

20
Lake Bottom:

Sand
Water Body Name:

Minnewawa
Waterfront Slope:

Gradual
Water Source:

Well
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

2953

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Bath Description:

Full Basement,Main Floor 3/4 Bath,Upper Level 3/4 Bath
Full Baths:

2

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

Private Sewer

Appliances

Appliances:

Air-To-Air Exchanger, Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Schools

High School District:

McGregor

The Community

Subdivision Name:

Floes Add
Waterfront:

true
Waterfront Features:

Lake Front
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Gravel

Monthly cost estimate

Asking price

$525,000

Expense	Monthly cost
Mortgage	$2,811
Taxes	$246
Insurance	$144
Utilities	$201 See report
Total	$3,402/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/16/25 Apr 16, 2025	Price Changed	NORTHSTAR	$525,000	-4.5%
3/3/25 Mar 3, 2025	Listed / Active	NORTHSTAR	$549,900

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This house located in MN 55760 is currently for sale for $525,000. 48861 187th Place is a 1,976 square foot house with 3 beds and 2 baths that has been on Estately for 106 days.

Listing Courtesy of: NORTHSTAR and LPT Realty, LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.