1489 Gateway Drive Northwest

Backus MN 56435

858 sq. ft.

7.8 ac.

Single-Family

Last sold for $427,300

Brad Wadsten, last sold this property on 25 September 2026 after 22 days on market.

Overview

If you are looking for a fixer-upper with privacy and lakeshore – you have found it here on the turquoise waters of Horseshoe Lake in Backus! As you drive down the long, tree-studded driveway, you will find peace and serenity abound on this gorgeous 7+ acre wooded property. The property offers 150' of lakeshore with crystal-clear water and a sandy beach for children to splash and play. Not only does the spring-fed lake have excellent fishing, but the property also adjoins thousands of acres of public land for hiking, hunting, and exploring, making it an outdoor enthusiast's dream. The main cabin has been gutted and is ready for your vision or bring plans for a new home set beneath the beautiful towering pines. This property offers opportunity with the main cabin, boat house on the water’s edge, guest cabin, garage and storage shed. Properties on this pristine, highly sought-after lake are rarely offered for sale, making this a truly exceptional opportunity. With 7.8 acres of privacy, 150’ of lakeshore with gentle elevation to the pristine lake, you will find a rare opportunity to create a true legacy property for generations to come.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

858 sq. ft. floor area

7.8 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Backus over the last 12 months, the estimated median property value of 1489 Gateway Drive Northwest is $343.75k.

Median value

$343.75k

Estimated value range

$69.9k - $685k

Median days on market

Estimated value trend

102%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Backus. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1489 Gateway Drive Northwest

2026

Sold

$427,300

25 Sep 2026 by Brad Wadsten, of Edina Realty, Inc.

2026

Sold

$332,500

16 Jul 2026 by Brad Wadsten, of Edina Realty, Inc.

Happy sellers in Backus

We have insufficient information to provide an overview of customer satisfaction for Backus. Viewing the agent profiles, reviews and sales for Backus can provide insights for this location.