McGregor Homes under $400,000

Welcome to McGregor, Minnesota—a hidden gem nestled in the heart of Aitkin County. This charming city, surrounded by lush forests and sparkling lakes, offers a serene escape from the hustle and bustle of city life. With a rich history and a close-knit community, McGregor is the perfect place for families, retirees, and anyone seeking a peaceful lifestyle.

One of the most appealing aspects of McGregor is its affordability. With a variety of homes available for under $400,000, you can find the perfect property that suits your needs and budget. Whether you’re looking for a cozy cabin retreat, a spacious family home, or a charming bungalow, McGregor has something for everyone. Many properties boast stunning views, ample outdoor space, and easy access to recreational activities like fishing, hiking, and boating.

The city is also known for its friendly atmosphere and vibrant local culture. Enjoy community events, farmer’s markets, and seasonal festivals that bring residents together and celebrate the unique charm of small-town living. With excellent schools, convenient amenities, and a strong sense of community, McGregor is an ideal place to call home.

For those who cherish the beauty of nature, McGregor is surrounded by pristine lakes and beautiful parks, making it perfect for outdoor enthusiasts. Explore the nearby Aitkin County parks or take a leisurely stroll along the scenic trails.

Come discover the allure of McGregor, MN, where affordable homes meet a welcoming community and breathtaking natural beauty. Your dream home awaits in this delightful corner of the North!

Newest McGregor Homes under $400,000

$248,900

2 Beds ⋅ 1 Baths ⋅ 7158494 MLS

Sunrise over Big Sandy never gets old, and there’s still time to make this cabin yours before another season passes by! With great walleye fishing right off the dock, hard-bottom shoreline and wide-open lake views, this seasonal 2-bedroom cabin has plenty to offer. Inside, custom woodwork gives the cabin a personality all its own, while lakeside windows keep the water in view. The three-season porch and lakeside deck are perfect spots for morning coffee, taking in the views or spending a little extra time at the cabin as the seasons change. The current owners have made several improvements, including replacement windows and siding, updated plumbing with all new copper water lines in 2025, a new water heater and a roof that's less than eight years old. A seldom-used path separates the cabin from the shoreline, with the dock and lake just steps away. Two storage sheds offer room for the extras, and a 2012 Godfrey Sweetwater 20-foot pontoon with an 80 HP Suzuki four-stroke motor is available for separate purchase. With nearby trails, dining and all that the Big Sandy area has to offer, this is a great chance to get your place at the lake secured now and be ready when cabin season returns!

52555 223rd Place, McGregor

Listing courtesy of Statement Realty.

$199,900

3 Beds ⋅ 2 Baths ⋅ 7140214 MLS

One level living in this beautiful sunny Eastern exposure home, tree large lot. Check out the beautiful view you get from all the windows in the home in the photos!!! Three bedrooms, 2 baths 26x30 garage. The open airy floor plan shows off a large kitchen/dinette area open to the Livingroom. There is a nice laundry room area and the deck off the back is 16x10 over looking the backyard. New furnace and air conditioning in 2024, Shingle were new-in 2019, Shed with electricity. Come live in the country with a small town atmosphere enjoy the amenities- a park with pavilion, baseball field, daycare center ,restaurant/bar. The home is just minutes off of 210. 30 minutes from 35W or 15 minutes from 65. The seller is willing to sell the home furnished. Lot dimensions are as follows 7- 50x150 lots, (350x150). 61-1-0022100--lot 1, block 6 61-1-022200--lot 2, block 6 61-1-022300--lot 3, block 6 61-1-022400--lot 4, block 6 61-1-022500--lot 5, block 6 61-1-009600--lot 1, block 1 61-1-009700--lot 2, block 1

295 Tingdale Street N, McGregor

Listing courtesy of RE/MAX Advantage Plus.

$345,000

2 Beds ⋅ 2 Baths ⋅ 7138607 MLS

BIG SANDY year round lake home with 260' of shoreline in Browns Bay. Big lakeside yard for the family to play on. South facing home with many new updates to the interior of the home. 2 bedroom & 2 baths and a bonus room in lower level that has been used for more sleeping space. Double garage and 2 lakeside sheds included. Dock, pontoon, furniture, appliances, kitchen utensils, pool table and poker table are all included. Move in ready. 1 block to a lake access for putting your boat in or getting out to the main lake for ice fishing. Restaurant & bar at the corner of the road.

22379 519th Lane, McGregor

Listing courtesy of McGregor Realty & Property.

$159,000

2 Beds ⋅ 1 Baths ⋅ 7113513 MLS

Just a short walk from Horseshoe Lake, this unique property offers a seasonal two-bedroom cabin plus a separate two-bedroom above the garage, connected by a spacious deck that creates a great outdoor gathering space. The cabin is currently seasonal, but could potentially be used year-round with plumbing upgrades. Both living spaces come mostly furnished, and the garage along with the storage shed provide plenty of room for vehicles, lake toys and outdoor equipment'

48746 166th Avenue, McGregor

Listing courtesy of Statement Realty.

$359,900

3 Beds ⋅ 3 Baths ⋅ 7110351 MLS

Bring your vision to life with this new construction opportunity just one minute from the public access to Lake Minnewawa! This thoughtfully designed 1,800-square-foot home is being offered as is, giving buyers the rare opportunity to complete the home with finishes that reflect their own style and preferences. The floor plan features three bedrooms (with the potential for a fourth), three bathrooms, and a spacious three-stall attached garage. Planned features include single-level living, engineered hardwood flooring, a large primary suite with a ¾ en-suite bath, quartz countertops, stainless steel appliances, and a gas fireplace. Work with the builder to select your own finishes and create a home that's uniquely yours, or ask your REALTOR® about available options to complete the home. Enjoy all the benefits of new construction while adding your personal touch. Located just moments from Lake Minnewawa, you'll appreciate easy access to boating, fishing, and recreation—without the premium of lakefront taxes. Don't miss this opportunity to customize a brand-new home in a fantastic location.

48411 196th Place, McGregor

Listing courtesy of Coldwell Banker Realty.

$200,000

2 Beds ⋅ 1 Baths ⋅ 7094651 MLS

Welcome to duck hunter's paradise on beautiful Minnewawa Lake! This charming property on 2.25 acres boasts 334 feet of waterfront, boardwalk to lake and a dock. This 2-bedroom 1-bathroom property features an updated older manufactured home with a cozy interior finished with knotty pine and a sunroom addition. Step outside onto the large 408 square-foot deck, perfect for enjoying your morning coffee or hosting lakeside gatherings with friends and family. The property also includes a 12x16 storage shed, providing ample space for storing your outdoor gear. Lake Minnewawa, a 2300+ acre lake, is known for its fishing and duck hunting, located close to ATV/snowmobile trails. This turnkey property is located on a dead-end road and sold as-is with furniture, offering privacy and easy transaition to it's new owners.

20139 472nd Lane, McGregor

Listing courtesy of Weichert REALTORS Tower Properties.

$234,900

1 Beds ⋅ 7073342 MLS

Tucked along the shores of Minnewawa Lake, this charming one-bedroom cabin captures the essence of classic Northwoods living. Set on a rare double lot within Minnewawa Commons, this property offers 100 feet of level, sandy shoreline—perfect for effortless days by the water and unforgettable sunset views from the inviting front porch. Step inside to find beautifully restored original hardwood floors, thoughtfully sanded and refinished to highlight their timeless character. The open-concept layout creates a comfortable, airy space ideal for relaxing or hosting family and friends. Enjoy the simplicity of lake life with a compliant two-seater outhouse, a sand point well (see supplements for water test), and a newly added outdoor shower—perfect after a day on the lake. Docking is permitted on a first-come basis, and with minimal traffic on the road between the cabin and the shoreline, access remains easy and peaceful. Whether you're gathering around a fire, hosting guests with campers or tents, or simply soaking in the quiet beauty of the lake, this property offers a rare opportunity to own an authentic, laid-back retreat.

47022 189th Avenue, McGregor

Listing courtesy of Coldwell Banker Realty.

$169,900

3 Beds ⋅ 3 Baths ⋅ 7071137 MLS

Set just minutes from Big Sandy Lake, this 1.2-acre wooded backlot has the kind of setting that is getting harder to find. Tucked into the trees with room to spread out, the property includes a 3-bedroom, 3-bath manufactured home with attached garage that will need interior work and is being sold as-is. For the right buyer, this could be a project worth taking on, but the real value may be in the land itself and the flexibility it offers. There’s plenty of space for storage, room to create something new down the road, and an ideal location close to lakes, trails, and year-round recreation. Buyers should verify any future building or use plans with Aitkin County. This one is ready for someone with vision.

51256 207th Place, McGregor

Listing courtesy of Statement Realty.

$229,900

1 Beds ⋅ 5 Baths ⋅ 7060945 MLS

Currently used as a bar and entertainment venue. Kitchen has not been used in 6 years. Septic is not compliant but works, just out of current code requirements. The septic cost will depend on intended use of property. NO CD'S...cash preferred. Upper level has a bedroom/living area, den, office and 3/4 bathroom. Main level could be the ultimate man cave or party area. Garage doors seperate the entertainment/bar area so bring your imagination and get an 8000+ sq ft place.

49463 202 nd Place, McGregor

Listing courtesy of LPT Realty, LLC.

$384,900

2 Beds ⋅ 1 Baths ⋅ 7046836 MLS

Lake Minnewawa is the setting for this well-kept, year-round 2-bedroom, 1-bath home located along a quiet bay. The one-level layout keeps things simple, while the lakeside deck, hot tub and firepit offer plenty of ways to enjoy the outdoors and take in the evening sunsets. A detached garage provides room for boats, ATVs and lake gear, along with a workbench area, new mini split and metal roof. Spend summer days boating and fishing, then come back for fall colors, snowmobile and ATV season, or a day of ice fishing. With a different view outside the window as the seasons change, this is a place you can enjoy all year long.

48525 194th Place, McGregor

Listing courtesy of Statement Realty.

Start Your Search

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. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

McGregor Homes under $400,000

Newest McGregor Homes under $400,000

How much is your home worth?

How much is your home worth?