Pine River Homes under $400,000

Welcome to Pine River, Minnesota – a charming community nestled in the heart of the North Woods. Known for its stunning natural beauty and friendly atmosphere, Pine River is the perfect blend of small-town charm and outdoor adventure. With crystal-clear lakes, lush forests, and abundant recreational opportunities, this delightful city is an ideal place to call home.

Pine River boasts a rich history and a vibrant community spirit. The downtown area is filled with unique shops, cozy cafes, and local eateries, making it a great spot to unwind and enjoy the local culture. The annual events, such as the Pine River Heritage Days, bring residents together to celebrate their community, fostering a sense of belonging that is hard to find elsewhere.

For those looking to invest in a home without breaking the bank, Pine River offers a variety of options under $400,000. From charming single-family homes to spacious townhouses, there’s something for everyone. Many of these properties feature beautiful yards, perfect for gardening or family gatherings, and some are even just a stone’s throw away from the area's stunning lakes and parks.

Living in Pine River means embracing a lifestyle filled with outdoor activities, including fishing, hiking, and snowmobiling, all while enjoying the comforts of a close-knit community. Whether you’re a first-time homebuyer or looking for a peaceful retreat, Pine River is the ideal place to start your next chapter. Explore our listings today and discover the perfect home that fits your budget and lifestyle in this enchanting city!

Newest Pine River Homes under $400,000

$225,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7136449 MLS ⋅ 737 SqFt.

Set along 102 feet of shoreline in a quiet bay of Hand Lake, this seasonal cabin offers a peaceful place to enjoy summer days at the lake. Mature trees surround the property, while a lakeside deck provides a place to sit back and enjoy the setting. Inside, knotty pine walls and a soaring vaulted ceiling give the cabin its classic lake-cabin character. Two stories of windows bring natural light into the main living area and can be enjoyed from the living room, dining area, kitchen and upper loft. Sliding glass doors lead from the dining area to the deck, extending the living space outdoors. The kitchen features a peninsula and opens to the main living and dining areas. A main-level bedroom and ¾ bath complete the first floor, while the upper loft provides additional sleeping space and overlooks the living area below. The cabin has recently received a new roof, an important improvement already taken care of. With 102 feet of Hand Lake shoreline, a quiet bay setting, mature trees and a storage shed, this seasonal property offers a chance to bring new life to a classic Minnesota lake cabin.

425 Hand Lake Lane NW, Pine River

Listing courtesy of Heartland Real Estate.

$389,900

ACTIVE Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 7130987 MLS ⋅ 1,278 SqFt.

Welcome to this inviting custom-built 2 bedroom, 3 bathroom waterfront retreat offering effortless one-level living. Enjoy glorious, sweeping views of the water from the kitchen, living room, and primary suite. Step out onto the large deck just off the kitchen/living room area; it's great for barbecuing or relaxing any time of day! There is a massive storage area above the entire attached garage with a convenient pull-down ladder. Garage workbench with lots of upper & lower cabinetry. Newer aluminum dock and boat lift ready for boating, fishing, swimming, as well as watching sunsets as you relax on Norway Brook with a direct connection to Norway Lake. Solid construction: Built with 2x6 walls & 6ft deep footings for lasting quality. There is a generous-sized 8x12 shed for storing gardening supplies. Experience comfortable, scenic waterfront living at its finest and just minutes from town, stores, clinic and restaurants. Enjoy the beauty of the new ripple dam, swimming beach and playground nearby.

313 5th Street, Pine River

Listing courtesy of Weichert REALTORS Tower Properties.

$327,900

ACTIVE Status ⋅ 6 Beds ⋅ 4 Baths ⋅ 7130852 MLS ⋅ 2,508 SqFt.

INVESTMENT OPPORTUNITY WITH CURRENT RENTAL INCOME + ADDITIONAL POTENTIAL! Take a fresh look at 450 Murray Avenue in Pine River. Three occupied units currently generate seller-reported gross rents of $3,250/month ($39,000 annualized), while Unit 2 is vacant and not included in those income figures, offering additional potential for the next owner. Current rents are Unit 1: $1,700/month, leased through August 2027; Unit 3: $700/month, month-to-month; and Unit 4: $850/month, month-to-month. The property also has an updated rental license and offers an established tenant base from day one. Features include 6 bedrooms, 4 bathrooms, approximately 2,508 finished sq. ft., a spacious in-town lot, 2-stall garage, new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15,000 in recent updates. Convenient Pine River location near downtown, Pine River-Backus Schools, the Paul Bunyan State Trail, and Norway Lake recreational access. Whether you're looking to expand an investment portfolio or step into your first income-producing property, this one deserves a closer look. Rental figures are seller-provided.

450 Murray Avenue, Pine River

Listing courtesy of eXp Realty.

$299,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7130036 MLS

Bring your vision to life on 10+ rural acres! This property offers a rare opportunity to complete a home that is already under construction and make it truly your own with the finishes and personal touches you’ve been dreaming of. The home features 2 bedrooms, 1½ bathrooms and bonus space that would make a wonderful reading nook, home office, craft area or hobby space. An attached garage provides convenient everyday access, while an additional detached garage offers plenty of room for vehicles, equipment, toys or workshop space. A separate bunk house adds even more flexibility for guests, hobbies or recreational use. Set on 10+ acres, there is plenty of room to enjoy the peace and privacy of country living. Wildlife can be seen right in your backyard and the acreage provides ample space for pets, hobby animals, gardens, recreation or simply enjoying the outdoors. Whether you’re looking for a peaceful rural retreat, a hobby property or a home you can finish exactly to your specifications, this is an opportunity worth exploring. Bring your ideas, your finishes and your vision—and make this property your own!

4909 40th Street SW, Pine River

Listing courtesy of Heartland Real Estate.

$159,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7105986 MLS ⋅ 884 SqFt.

Feels like a home, not a unit, this 2 bed, 2 bath townhome includes an 800+ sq ft partially finished lower level and an attached 14x24 garage with interior access from the kitchen, perfect for frigid winter days and rainy weather, plus a private patio and two private entrances with no shared hallways. The main level offers an open living, dining and kitchen combination with two bedrooms featuring large closets and a full updated bath, ideal for guests, hobbies or a home office, while the lower level adds a second bath with shower, large rec room, utility room and two flexible rooms for a craft room, office or storage, making it the only unit with an extra bath downstairs. Highlights include pet friendly living for cats and dogs, new Marvin windows, new LVP flooring, a new warrantied boiler over $8,000, newer patios and asphalt driveways, and a low $225 per month HOA for just six townhomes covering hazard insurance, exterior and outside maintenance, lawn care, sanitation and snow removal, all with low maintenance living near Pine River close to 400 plus lakes, the Paul Bunyan Trail, new dam beach park, canoeing, fishing, farmers markets and festivals.

324 Jefferson Avenue, Pine River

Listing courtesy of Heartland Real Estate.

$159,500

ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7105592 MLS ⋅ 960 SqFt.

Riverview Estate - Immaculate gardens dot the groomed lawn in this over-sized 1BR(+)/1BA 2nd floor condo on the river's edge. New windows, a sliding glass door and a new deck grace this end unit. An elevator, garage and commons gathering room are additional amenities for the complex. Wander the grounds and take advantage of bench seating to enjoy a spectacular view of the new riffle dam. You are within easy walking distance of fine dining, an aromatic coffee shop, library and the best darn bakery in the north country.

409 Norway Avenue Unit 207, Pine River

Listing courtesy of Heartland Real Estate.

2286 28th Avenue SW Unit 203, Pine River

$137,500

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7103297 MLS ⋅ 940 SqFt.

Experience effortless single-level living in this 2-BR, 2-BA townhome just minutes from Pine River! Nestled in a peaceful setting with scenic tree and field views, this home features an open floor plan and a sun-drenched sunroom perfect for relaxing. Includes a detached garage for extra storage. Say goodbye to outdoor chores—the association covers lawn care, snow removal, exterior maintenance, water, sewer, and sanitation. Perfect for anyone seeking a low-maintenance lifestyle!

2286 28th Avenue SW Unit 203, Pine River

Listing courtesy of Keller Williams Realty Professionals.

$299,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7048607 MLS ⋅ 2,408 SqFt.

Experience the perfect blend of in-town convenience and peaceful riverfront living with this 4-bedroom, 2-bathroom home set on 206 feet of frontage along the scenic Pine River. With 2,408 finished square feet and a 2-car attached garage, this property offers plenty storage and space for everyday living. Inside, the home features spacious living areas, a functional layout, and plenty of room for entertaining. The beautiful tongue-and-groove 3-season porch adds true "Up North" charm and is the perfect place to sip your morning coffee or enjoy dinner while listening to the soothing sounds of the river. This property offers a rare opportunity to enjoy waterfront living with the convenience of being within walking distance of local shops, dining, and everyday conveniences just outside your door.

412 Second Street S, Pine River

Listing courtesy of eXp Realty.

$350,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 6810385 MLS ⋅ 1,049 SqFt.

Discover a rare 3 bed, 2 bath, fully-equipped Northwoods getaway atop Maple Hill, high point in Cass County at over 1550 feet of breathtaking elevation. This heavily wooded 35.73-acre parcel offers the perfect blend of true wilderness seclusion and hunter's paradise. Forget starting from scratch, tucked into the timber is a charming rustic cabin featuring the ultimate camp, drilled well and septic system. This exceptional opportunity to own a high-elevation, turnkey recreational parcel with established utilities, trails, hunting stands and so much more is ready for the next legacy. Call today to walk the trails and experience the pinnacle of Cass County wilderness.

3918 44th Street SW, Pine River

Listing courtesy of Edina Realty, Inc..

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