$449,000
NEW CONSTRUCTION $76K PRICE DROP

39818 257th Ave McGregor, MN 55760

Estimated payment $2,490/month

Total Views 26,379
2 Beds
2 Baths
1,152 Sq Ft
$390 Price per Sq Ft

Highlights

  • 293 Feet of Waterfront
  • Beach Access
  • Lake View
  • Docks
  • New Construction
  • Heated Floors

About This Home

HUGE PRICE REDUCTION!! Wake up to peaceful lake views and a setting that offers space to spread out, unwind, and enjoy the outdoors on quiet Portage Lake. From the dock (included in the sale) you can go fishing, kayaking, or canoeing. With 3.3 acres to enjoy, this newly built barndominium-style home blends modern finishes with natural surroundings. The thoughtfully designed side-by-side layout is ideal for single family or multi-generational living, hosting family and friends or creating separate living spaces under one roof. Each side features its own living area with vaulted ceilings, a bedroom, and a bathroom while still offering shared spaces to gather and connect. Separate exterior entrances and pocket doors between the two living spaces allow the option to open the home for gatherings or close off the areas when needed. At the center of the design is a shared kitchen with breakfast bar seating & amazing lake views. There is also a laundry room and mudroom entrance from the garage that ties the layout together. Built for year-round comfort, the home features spray foam insulation for energy efficiency
along with an on-demand boiler system and air-to-air exchanger. The oversized garage area provides exceptional space for vehicles, recreational equipment, storage, hobbies, or entertaining, along with an upper loft area for even more flexibility. Need more space in the future? Lots of potential here to finish off parts of the garage space for additional living areas! Step outside to enjoy mature trees, wooded walking trails, lush landscaping, and open green space ideal for yard games, evenings around the fire, or simply taking in beautiful sunset views over the lake. RV hook-ups make it easy for family and friends to bring their campers for weekend stays. State land across the lake helps preserve the natural scenery and peaceful setting for years to come. This area is known for its ATV trails, deer hunting, and duck hunting. Portage Lake itself offers excellent year-round fishing with nearby public access to launch your boat or bring on your fish house. If you’ve been searching for a property that offers flexibility, room to gather, and a setting that feels away from it all; this lakeside opportunity is worth a look!

Listing Agent

Emily Davis

Coldwell Banker Realty - Dulut Brokerage Phone: 2184094919 Listed on: 05/22/2026

Coldwell Banker Realty - Dulut

Co-Listing Agent

Natalie Magnuson

Coldwell Banker Realty - Dulut Brokerage Phone: 2184094919

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 450x225x630x110x183
  • 293 Feet of Waterfront
  • Lake Front
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Metal Siding
  • Steel Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Vaulted Ceiling
  • Mud Room
  • Heated Floors
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Accessible Pathway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Docks

Utilities

  • No Cooling
  • Boiler Heating System
  • Underground Utilities
  • 100 Amp Service
  • Propane
  • Private Water Source
  • Drilled Well
  • Tankless Water Heater
  • Fuel Tank
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 450010501

Home Details

Home Type

Single Family

Est. Annual Taxes

$318

Year Built

Built in 2024 | New Construction

Lot Details

3.3 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Metal
  • Garage Spaces: 3
  • Accessibility Features: Doors 36"+, No Stairs External, No Stairs Internal
  • Water Source: Drilled, Private
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1152
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Attribution Contact: 2184094919
  • NST_SingleFamilySubType: Ranch-Style Home
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Fuel Tank - Rented, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Living Area: 1152
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Metal
  • View: Lake, Panoramic, West
  • Foundation Details: Slab
  • Other Structures: Storage Shed
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 293

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Electric, Insulated Garage

Utilities

  • Heating: Boiler, In-Floor Heating
  • Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes
  • LaundryFeatures: Electric Dryer Hookup, Main Level, Washer Hookup
  • Electric: Circuit Breakers, 100 Amp Service, Other
  • Fuel: Propane
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 2187682111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 450x225x630x110x183
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame, Steel Siding

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 450010501
  • Tax Annual Amount: 318
  • TaxWithAssessments: 318

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $318 $116,000 $112,900 $3,100
2025 $328 $108,800 $105,800 $3,000
2024 $518 $108,800 $105,800 $3,000
2023 $496 $108,900 $105,800 $3,100
2022 $638 $90,800 $89,300 $1,500
2021 $574 $87,500 $86,300 $1,200
2020 $614 $77,600 $76,400 $1,200
2019 $634 $72,500 $71,500 $1,000
2018 $614 $72,500 $71,500 $1,000
2017 $634 $72,200 $72,200 $0
2016 $648 $75,600 $75,600 $0
2014 $700 $87,200 $84,500 $2,700
2012 $6 $90,800 $87,900 $2,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2026 08/13/26 Price Changed $449,000 -6.5% $390 / Sq Ft
07/24/2026 07/24/26 Price Changed $480,000 -3.8% $417 / Sq Ft
06/10/2026 06/10/26 Price Changed $499,000 -5.0% $433 / Sq Ft
05/22/2026 05/22/26 For Sale $525,000 +733.3% $456 / Sq Ft
11/12/2014 11/12/14 Sold $63,000 -20.3% $88 / Sq Ft View Prior Sale
10/20/2014 10/20/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $79,000 -- $110 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $181,000 --
Deed $63,000 --
Warranty Deed $49,900 --
Source: Public Records

About the Listing Agent

Emily Davis

Coldwell Banker Realty - Dulut

(218) 433-8576

Section Image

Emily Davis is a dedicated and proactive licensed real estate agent in the Carlton and St. Louis Counties and is known for her exceptional attention to detail and communication skills. With over 17 years of Real Estate experience, Emily makes each transaction as smooth and stress-free as possible for her clients.

Emily began her career in Real Estate in 1999, and since then has joined Coldwell Banker Realty, where she has been able to provide numerous clients with her knowledge,

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Source: NorthstarMLS

MLS Number: 7079826

NorthstarMLS

APN: 45-0-010501

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