Listed at
$480,000
$312/sqft

48894 386th Place

48894 386th Place, Palisade, MN, 56469
4  Bedrooms2  Bathrooms1,537  Square Feet1.65  Acres
Days on market80
Year built1967
Garage spaces9
TypeResidential
Est. $11,400buyer credit when you buy with SODL
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About this home

Incredible opportunity to have it all on Round Lake! East facing lot 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, 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. Note: County information shows primary structure is frame, remainder is mobile home.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1967
LevelsOne
Living area1,537 sqft
Above-grade finished1,537 sqft
Below-grade finished0 sqft
Lot size1.65 acres (100x299x130x174x260x174x30x279)
Days on market80
ListedMar 1, 2026
MLS #NST7028555
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 Garage, Electric, Garage Door Opener, Multiple Garages
Patio & porch
Covered, Deck
Exterior features
Vinyl
Other structures
Garage(s), Pole Building, Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Other, Frame
Foundation
Block, Pillar/Post/Pier, Slab · 1,537 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1967

Utilities

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

Community & HOA

HOA
No HOA
School district
8001 - Aitkin
High school district
Aitkin

Financial & listing details

Annual tax
$2,006 (2025)
Listed
Mar 1, 2026
Days on market
80 · 241 cumulative
Manufactured home
Yes

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
LaundryElectric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
AppliancesDryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
DiningInformal Dining Room
AmenitiesCeiling Fan(s), Deck, Dock, Kitchen Window, Natural Woodwork, Paneled Doors, Washer/Dryer Hookup
AccessibilityNo Stairs External
Special featuresMain Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorVinyl
RoofAge Over 8 Years, Asphalt
FoundationBlock, Pillar/Post/Pier, Slab
Foundation area1,537 sqft
Patio/porchCovered, Deck
Lot featuresTree Coverage - Medium, Underground Utilities
Road frontagePrivate Road, Unpaved Streets
Road responsibilityPrivate Maintained Road
ZoningShoreline,Residential-Single Family

Utilities

Water source4-Inch Submersible, Private, Well
SewerPrivate Sewer, Septic System Compliant - No, Tank with Drainage Field
FuelOil, Propane

Parking & garage

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

Financial details

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

Schools

District8001 - Aitkin
District number8001
District phone2189272115
High schoolAitkin
SODL flat fee brokerage
$11,400Estimated buyer credit
SODL platform fee $3,000Your buyer credit $11,400

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

$2,850/mo
Principal & interest$2,523
Property taxes$167
Home insurance (est.)$160
%
$96,000
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

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Listing information

MLS #NST7028555
StatusClosed
Last updatedMay 22, 2026, 10:07 AM
Originally listedMar 1, 2026, 5:20 PM
Listing officeWoods & Shores Real Estate, Inc.
Co-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.