$479,000
SOLD OCT 3, 2025

48861 187th Place McGregor, MN 55760

3 Beds
2 Baths
1,976 Sq Ft
1.01 Acres

Recently Sold

$242 Per Sq Ft

9% Below List Price

61 Days on Market

Highlights

  • Lake Front
  • Deck
  • Vaulted Ceiling
  • Beach Access
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of October 2025

This charming A-frame home, set on over an acre, offers stunning lake views that create a serene and
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 the perfect atmosphere for cool evenings.

The gourmet kitchen is a chef’s dream, complete with 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 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. This home is in a perfect location, near the sandbar, minutes from 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.

Last Agent to Sell the Property

Janae Ashton

LPT Realty, LLC Listed on: 06/19/2025

LPT Realty, LLC

Last Buyer's Agent

Michael Williams

RE/MAX Results - Nisswa

RE/MAX Results - Nisswa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 2021

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 198x141x266x234
  • Lake Front

Home Design

  • Wood Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Sitting Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Loft
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Floes Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291508601

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,953

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 1976
  • Water Body Name: Minnewawa
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Walkout
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas
  • Living Area: 1976
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Family Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Sitting Room, Porch, Deck, Recreation Room, Loft, Bedroom 3

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Deck,Porch,Screened
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Main Floor Primary Bedroom,Tile Floors,Vaulted Ceiling(s)

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 198x141x266x234
  • Lot Size Sq Ft: 43995.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 291508601
  • Tax Annual Amount: 2953
  • TaxWithAssessments: 0.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Oct 3, 2025
Sold by
Connolly Richard and Connolly Gabrielle
Bought by
Dinse Michael
Seller's Agent
Janae Ashton
LPT Realty, LLC
Buyer's Agent
Michael Williams
RE/MAX Results - Nisswa
List Price
$524,900
Sold Price
$479,000
Premium/Discount to List
-$45,900
-8.74%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.59%

Purchase Details

Closed on
Aug 9, 2019
Sold by
Conley Julian E and Conley Catherine S
Bought by
Connolly Richard and Connolly Gabrielle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $479,000 --
Grant Deed $70,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Sold $479,000 -8.7% $242 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $524,900 -- $266 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $3,402 $572,200 $147,000 $425,200
2024 $2,953 $540,400 $150,300 $390,100
2023 $3,336 $488,400 $122,500 $365,900
2022 $3,288 $490,100 $122,500 $367,600
2021 $1,014 $361,500 $119,500 $242,000
2020 $970 $109,500 $104,200 $5,300
2019 $1,004 $102,500 $102,500 $0
2018 $918 $102,500 $102,500 $0
2017 $882 $95,200 $95,200 $0
2016 $825 $91,500 $91,500 $0
2014 $799 $91,500 $91,500 $0
2012 $7 $91,500 $91,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6742458

NorthstarMLS

APN: 29-1-508601