$4,393 Closing Credit¹
#6675795, Listing Office: LPT Realty, LLC
$395,000 List price
51520 Lake Ave Mcgregor, MN 55760
$4,691
Closing credit¹
2 beds
1 full, 1 partial
1,327 sqft
$298 / sqft
House
Property details
About 51520 Lake Ave
Great location and beautiful setting! This home is located on over an acre facing the Prairie River. There are 2 decks. The deck in back of the house has a Gazebo on it. Take a short boat ride with a beautiful view and you will be in Big Sandy Lake. For snowmobiling, hop on the river to access numerous trails. This well maintained property has many great features including a large lot, guest cabin, partially insulated garage, two fireplaces, and a view of the river from the bedrooms upstairs. Many upgrades have been done. The Seller has included a list with additional information about the property in the supplements. The spacious living room has a gas burning fireplace. The original structure and fireplace have been nicely preserved, and add to the charm of this home. The paved driveway is shared with one neighbor.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,327 sqft
BasementYes
Year built1949
ParkingDetached, Asphalt, Shared Driveway
MLS #6682432
Garage2 spaces
WaterfrontRiver Front, River View
FireplaceFull Masonry, Gas, Living Room
ViewOther, Panoramic, River
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator
- Basement: Yes
- Fireplace: Full Masonry, Gas, Living Room
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Asphalt, Shared Driveway
- Waterfront: River Front, River View
- View: Other, Panoramic, River
- Heating: Forced Air
- Cooling: None
- List Price: $395,000
- Price/SqFt: $297
- Annual Tax Amount: $1,156
- Tax Year: 2024
- Lot: Accessible Shoreline, Cleared, Many Trees
- Directions: From McGregor, north on Highway 65 to Co. Rd. 14. Right approx. 5 miles to address. Property on the right.
- Year Built: 1949
- Living Area: 1,327 SqFt
- MLS Number: 6682432
- MLS Name: NORTHSTAR
- Office Name: Statement Realty
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2025, 12:52:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$395,000
51520 Lake Ave
$4,691
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $203,800 | $1,156 |
| 2023 | $196,000 | $1,276 |
| 2022 | $196,100 | $1,184 |
| 2021 | $138,000 | $1,108 |
| 2020 | $126,500 | $1,126 |
| 2019 | $125,500 | $1,094 |
| 2018 | $118,000 | $1,080 |
| 2017 | $118,000 | $1,082 |
History based on county public records data.
Nearby schools
6
McGregor Elementary School
Public District PK-6
11.1 mi
•148 S 2nd St
8
Cromwell-Wright Elementary School
Public District PK-6
18.0 mi
•5624 Highway 210
7
Floodwood Elementary School
Public District PK-6
19.5 mi
•115 4th Ave W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,761. Residents of Mcgregor, MN typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
36%
<35k
53%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
4%
Single, with Kids
47%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
9%
18-34 yrs old
44%
35-64 yrs old
36%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Hunting
Where do the neighbors shop?
Dollar General
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
GMC
Oldsmobile
What do the neighbors listen to?
Classic Country
Oldies
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 51520 Lake Ave
The listing price of 51520 Lake Ave property is $395,000.
The property 51520 Lake Ave is a house located in Mcgregor, Minnesota, 55760.
Active Listing: 51520 Lake Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 51520 Lake Ave are: McGregor Elementary School (GreatSchools Rating 6/10), Cromwell-Wright Elementary School (GreatSchools Rating 8/10), Floodwood Elementary School (GreatSchools Rating 7/10), Hill City Middle School (GreatSchools Rating 3/10), McGregor Secondary School (GreatSchools Rating 4/10), Cromwell-Wright Secondary School (GreatSchools Rating 7/10), Floodwood Secondary School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,156 (source: MLS/based on county public records data).
The property at 51520 Lake Ave has 2 bedrooms and 1 full and 1 half bathrooms.
The property 51520 Lake Ave is 1,327 SqFt (source: MLS/tax record).
The year of construction for 51520 Lake Ave is 1949.
This home is located at 51520 Lake Ave in Mcgregor, MN and zip code 55760. This 1,327 square foot home was built in 1949. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $395,000.
Mcgregor, MN housing market in April 2025 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. In April 2025 in Mcgregor, MN there were 46.4% more homes for sale than in March. The median list price of listings available in April 2025 was $317,000, while the average time on the real estate market was 28 days.
From Rocket Homes Real Estate and based on county public records data.