Listed at
$545,000
$355/sqft

48894 386th Place

48894 386th Place, Palisade, MN, 56469
4  Bedrooms2  Bathrooms1,537  Square Feet1.65  Acres
Days on market375
Year built1967
Garage spaces9
TypeResidential
Est. $13,350buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

The wait for Round Lake is over! Here is an incredible opportunity to have it all! East facing lot that is 1.65 acres in size with gradual elevation to 100’ of excellent sand shoreline! A great place to catch the awe-inspiring sunrises and enjoy excellent swimming with the amazing sand bottom. The nicely appointed cabin has plenty of room for all and features a living room with free standing, gas, Heat & Glo fireplace, a family room, kitchen with informal dining, 4 bedrooms, a large full bath and additional ¾ bath, large laundry room and foyer. The partial basement area houses the well pressure tank and has plenty of storage space. Don’t miss the 40x48 pole building, 14x24 detached garage and 8x10 storage shed! Property is being sold “turn-key”, as is, including furnishings, kitchenware, linens, dock, 2001 Crestliner Sport LX pontoon with 40HP Evinrude motor, electric pontoon lift, pontoon trailer, 2 additional boat lifts, John Deere lawn tractor with leaf vacuum and trailer, patio set, picnic table, grill, lake toys, etc. It doesn’t get any better than this with an excellent lake featuring beautiful clear water, sand shore and everything you need to start making your dreams come true! Fiber internet is available at the street through Tremolo Communications.

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1967
LevelsOne
Living area1,537 sqft
Above-grade finished1,537 sqft
Below-grade finished0 sqft
Lot size1.65 acres (100x299x130x174x260x174x30x279)
Days on market375
ListedSep 19, 2025
MLS #NST6791790
CountyAitkin
Parcel #350033603

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air, Fireplace(s), Other
Cooling
None
Appliances
Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One
Garage
9 spaces · 14x24 40x48 · 2,256 sqft
Parking features
Detached, Electric, Garage Door Opener, Multiple Garages
Other structures
Additional Garage, Pole Building, Storage Shed
View
East, Lake
Waterfront
Lake Front

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Vinyl Siding
Foundation
1,537 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1967

Utilities

Water
Submersible - 4 Inch, Private, Well
Sewer
Private Sewer, Septic System Compliant - No, Tank with Drainage Field
Electric
Circuit Breakers, Fuses

Community & HOA

HOA
No HOA
School district
Aitkin

Financial & listing details

Annual tax
$2,006 (2025)
Tax with assessments
2006.0000
Listed
Sep 19, 2025
Days on market
375 · 87 cumulative

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Partial, Storage Space, Unfinished
HeatingForced Air, Fireplace(s), Other
CoolingNone
Fireplaces1
AppliancesDryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
AccessibilityNo Stairs External

Exterior & lot

RoofAge Over 8 Years, Asphalt
Foundation area1,537 sqft
Lot featuresMany Trees, Underground Utilities
Road frontagePrivate Road, Unpaved Streets
Road responsibilityPrivate Maintained Road
ZoningShoreline,Residential-Single Family

Utilities

Water sourceSubmersible - 4 Inch, Private, Well
SewerPrivate Sewer, Septic System Compliant - No, Tank with Drainage Field

Parking & garage

ParkingDetached, Electric, Garage Door Opener, Multiple Garages
Garage spaces9
Garage size2,256 sqft

Financial details

Annual taxes$2,006
Tax year2025
Taxes w/ assessments2006.0000
Assessment pendingNo
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number8001
District phone218-927-2115
High schoolAitkin
SODL flat fee brokerage
$13,350Estimated buyer credit
SODL platform fee $3,000Your buyer credit $13,350

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,213/mo
Principal & interest$2,864
Property taxes$167
Home insurance (est.)$182
%
$109,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

48894 386th Place, Palisade, MN, 56469

Comparable homes

Listing information

MLS #NST6791790
StatusActive
Last updatedSep 24, 2025, 1:57 PM
Originally listedSep 19, 2025, 8:05 PM
Listing officeWoods & Shores Real Estate, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

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.