Palisade Homes under $400,000

Welcome to Palisade, Minnesota—an enchanting small town nestled in the heart of Aitkin County. Known for its picturesque landscapes and friendly community vibe, Palisade offers a unique blend of rural charm and modern convenience. Situated along the banks of the beautiful Mississippi River, the town is surrounded by lush forests and serene lakes, making it a haven for outdoor enthusiasts and nature lovers alike. Whether you're looking to hike, fish, or simply enjoy a peaceful afternoon by the water, Palisade has it all.

One of the most appealing aspects of Palisade is its diverse real estate market, particularly for those seeking affordable homes. With a variety of properties available for under $400,000, this charming town provides an excellent opportunity for first-time homebuyers, families, and retirees alike. From cozy single-family homes to inviting townhouses, there’s something to suit every taste and lifestyle. Many of these homes boast spacious yards, perfect for family gatherings or gardening, and some even offer stunning views of the surrounding natural beauty.

Living in Palisade means embracing a slower pace of life while still having access to the amenities you need. The community hosts local events, farmers' markets, and seasonal festivals that foster a strong sense of belonging. With its affordable housing options and welcoming atmosphere, Palisade, MN, is not just a place to live—it's a place to call home. Come explore the possibilities and discover the charm of this hidden gem today!

Newest Palisade Homes under $400,000

$150,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7151550 MLS ⋅ 1,320 SqFt.

Amazing home in Palisade. Seller has finished the remodel that was started prior to his purchase. All new insulation, plumbing, wiring, mechanicals, carpet, and paint. Kitchen has new cabinets, refinished original hardwood floors with unique trap door (doesnt open), built in buffet, new countertops, faucet and barn door to new main floor laundry/mudroom. Updated windows throughout, main floor bedroom and laundry. Custom wood touches that were salvaged from the sellers childhood home in St. Paul, so many cool original touches. Upper level has a bedroom with walkthrough room that could be office/toy room, closet or sitting room. New mechanicals, newer large garage and huge storage shed finish off this amazing home.

206 Peary Street, Palisade

Listing courtesy of Re/Max Advantage Plus.

$315,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7141158 MLS ⋅ 712 SqFt.

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!

49471 397th Place, Palisade

Listing courtesy of Thunder Lake Realty.

$299,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7127838 MLS ⋅ 1,014 SqFt.

Discover a truly one-of-a-kind setting: a private peninsula on Moulton Lake offering panoramic views and a lifestyle that's hard to match. This well-maintained 2-bedroom, 1-bathroom home is designed to make the most of its spectacular location, with a wrap-around deck that invites you to soak in the scenery from every angle. Inside, the home is clean, cozy, and move-in ready. Recent updates include a new roof in 2025, a new washer and dryer in 2025, and updated electrical in 2007 — so you can enjoy peace of mind while you relax lakeside. Outdoor living shines here with a 13.6 x 11.6 screened-in porch with electricity — perfect for bug-free evenings, a 16 x 7 three-season porch overlooking spectacular western sunsets, a walkout basement with a harbor for your dock and boat storage — easy water access at your fingertips and an additional 14 x 10 storage shed for all your gear. Whether you're seeking a weekend getaway, year-round retreat, or a place to create lasting memories, this peninsula property delivers privacy, views, and convenience in equal measure. Experience Moulton Lake living at its finest — schedule your private showing today.

43215 489th Lane, Palisade

Listing courtesy of Coldwell Banker Crown Realtors.

$144,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7123996 MLS ⋅ 1,372 SqFt.

Well-kept 3 bedroom, 2 bath home on a fenced half-acre corner lot in the town of Palisade. The main floor has a bedroom, ¾ bath, and laundry, so one-level living works here if you need it. Hardwood floors have been refinished, and the kitchen was updated with white cabinets, granite counters, and an island. Upstairs is a large primary bedroom with a walk-in closet, a second bedroom, and another bath. Fresh paint throughout — nothing to do but move in. Out back there's a good-sized deck for grilling, mature shade trees, garden space, a storage shed, and a two-car detached garage. City water and sewer. The location is what makes Palisade easy to love. You're two blocks from the Palisade One Stop for gas and groceries, and breakfast at Gabby's on Main Street is a local tradition. The Mississippi River and the city park are a short walk away, the Soo Line Trail brings ATV and snowmobile riders right through town, and Minnesota National Golf Club is about 15 minutes down the road. Aitkin and McGregor are each about 20 minutes for anything else you need.

401 Wright Street, Palisade

Listing courtesy of Pemberton RE.

$94,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7113477 MLS ⋅ 960 SqFt.

Don't miss this two bed, one bath home right in Palisade! You will enjoy single level living, two bedrooms on the main floor, some updated flooring, and so much more! Outside, the oversized two car detached garage is perfect for Minnesota winters, plenty of room for extra toys, and projects. Located right in Palisade close to all the amenities the town has to offer. Schedule Your Showing Today!

400 N 4th Ave, Palisade

Listing courtesy of eXp Realty.

$379,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7016548 MLS ⋅ 1,560 SqFt.

This Newly Updated 3 Bedroom Lake home Checks All of the boxes! Enjoy all of what Lake Life has to offer with this 1500sqft home that features 3 Large Bedrooms with maintenance free hardwood flooring throughout. Step Down Living Room and Large Primary Bedroom look out Large windows Lakeside of the level 150' of Sandy Shorelin on Pristine Flemming Lake. This huge 1 Acre double lot allows for plenty of space and separation. In addition, this property includes a Spacious 2 car Garage, Attached Workshop and Large Sun Porch/Foyer. Many interior and exterior upgrades have been completed including a New Furnace and Duct work, On Demand water heater, Tiled Shower, stackable wash/dryer, well pump and insulated well house. Whether Relaxing with friends this Summer on your New Deck, fishing from the dock or simply listening to the local resident loons, this Property has it all. It even includes the Furniture and all the things you will need to get started making memories at the Lake.

30258 422nd Lane, Palisade

Listing courtesy of Christian Realty North.

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.