Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,146 (2026).

What school district is this property in?

This property is in the 8001 - Aitkin school district.

How long has this property been on the market?

This property has been listed for 0 days.

Listed at

$315,000

$442/sqft

49471 397th Place

49471 397th Place, Palisade, MN, 56469

2 Bedrooms1 Bathroom712 Square Feet1.6 Acres

Days on market0

Year built1997

ParkingGravel

TypeResidential

Est. $6,450buyer credit when you buy with SODL

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About this home

This darling renovated cabin is situated along 156ft of sandy shoreline on Esquagamah lake with absolutely breath-taking sunsets and lake views. Everything has been redone to include a second bedroom, new carpet, new kitchen cabinets, appliances, fresh paint, Wi-Fi controlled heating and cooling, $3500 composting toilet, to new custom wood blinds. There's a bunkhouse with extra room for friends and family to stay and a fish cleaning house to clean the catch of the day. This deep lake is 842 acres and is said by locals to be great fishing for sunfish, northern pike, walleye, largemouth bass and more. Included is a new mini-split for heating and cooling. Dock and boat lift stay, some furnishings negotiable. You will not want to miss this opportunity to be at the water's edge with wooded privacy, exceptional swimming and the most amazing sunsets!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1997

LevelsOne

Living area712 sqft

Above-grade finished712 sqft

Below-grade finished0 sqft

Lot size1.6 acres (156x370x211x421)

Days on market7

ListedSep 21, 2026

MLS #NST7141158

CountyAitkin

Parcel #350030510

Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Bath breakdown: 1 1/4
Heating: Ductless Mini-Split
Cooling: Ductless Mini-Split
Appliances: Microwave, Range, Refrigerator

Property

Levels / stories: One
Parking features: Gravel, Driveway - Other Surface
Patio & porch: Deck, Wrap Around
Exterior features: Wood
Other structures: Bunk House, Storage Shed
View: Lake, West

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Slab · 712 sqft
Roof: Age 8 Years or Less, Asphalt, Pitched
Year built: 1997

Utilities

Water: Sand Point, Well
Sewer: Outhouse, Septic System Compliant - Yes
Fuel: Electric
Electric: 100 Amp Service

Community & HOA

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

Financial & listing details

Annual tax: $1,146 (2026)
Listed: Sep 21, 2026
Days on market: 7
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths0

3/4 baths0

Half baths0

1/4 baths1

BasementNone

HeatingDuctless Mini-Split

CoolingDuctless Mini-Split

Fireplaces1

LaundryNone

AppliancesMicrowave, Range, Refrigerator

DiningLiving/Dining Room

AccessibilityNo Stairs Internal

Special featuresAll Living Facilities on One Level, Main Floor Bedroom, Renovated

Exterior & lot

ExteriorWood

RoofAge 8 Years or Less, Asphalt, Pitched

FoundationSlab

Foundation area712 sqft

Patio/porchDeck, Wrap Around

Lot featuresAccessible Shoreline, Tree Coverage - Medium

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceSand Point, Well

SewerOuthouse, Septic System Compliant - Yes

FuelElectric

Parking & garage

ParkingGravel, Driveway - Other Surface

Garage spaces0

Financial details

Annual taxes$1,146

Tax year2026

Taxes w/ assessments1146

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District8001 - Aitkin

District number8001

District phone2189272115

High schoolAitkin

SODL flat fee brokerage

$6,450Estimated buyer credit

SODL platform fee $3,000Your buyer credit $6,450

Buyer-side commission

3.0%

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.

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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

$1,856/mo

Principal & interest$1,655

Property taxes$96

Home insurance (est.)$105

Down payment

$63,000

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.