Deer River Homes under $350,000

Welcome to Deer River, Minnesota – a hidden gem nestled in the heart of Itasca County! Known for its stunning natural beauty and friendly community, Deer River offers a perfect blend of small-town charm and outdoor adventure. The city is surrounded by lush forests, pristine lakes, and abundant wildlife, making it an ideal location for nature enthusiasts and those seeking a peaceful lifestyle.

Deer River boasts a rich history, with roots that trace back to the logging industry. Today, it is a vibrant community where residents enjoy a slower pace of life, yet have access to modern amenities. The local shops and eateries reflect the warm spirit of the town, and the annual events bring neighbors together, fostering a sense of belonging.

For those considering making Deer River their home, you’ll be delighted to find a range of charming properties available for under $350,000. Whether you’re looking for a cozy cabin, a spacious family home, or a quaint bungalow, Deer River’s real estate market offers diverse options that cater to various lifestyles and budgets. Many homes feature beautiful views of the surrounding nature, providing a serene backdrop for everyday life.

With its affordable housing options, friendly atmosphere, and an abundance of outdoor activities, Deer River is an excellent choice for families, retirees, and anyone looking to escape the hustle and bustle of city living. Come explore this enchanting city and discover the perfect place to call home!

Newest Deer River Homes under $350,000

$274,999

3 Beds ⋅ 2 Baths ⋅ 7153699 MLS

Room to breathe on 10.23 acres outside Deer River. This 2021 manufactured home offers 3 bedrooms, 2 full baths and 1,328 finished sq ft, all on one level. The kitchen is the heart of the home with white cabinetry, tall pantry cabinets, a big center island and a dining area with space for the whole crew. The primary suite has a walk-in closet and a private bath with a soaking tub, separate shower and double vanity. Both secondary bedrooms have walk-in closets, and the main floor laundry room has its own exterior door. Outside you get a large gravel parking area, a storage shed, an open-front shed for toys and tools, and a cleared yard surrounded by trees. Paved county road access.

41255 County Road 19, Deer River

Listing courtesy of Pemberton RE.

$299,000

3 Beds ⋅ 1 Baths ⋅ 7142081 MLS

Welcome to Lake Winnibigoshish — Big Winnie to those who fish it — one of Minnesota's premier walleye lakes. Sunset View Estates puts you right on it, on a lot that runs level to the water with the sand beach just steps from your door. Inside, the expanded living room steals the show. A west facing wall of windows frames the beach, the open water beyond, and the breathtaking sunsets Winnie is known for. The kitchen opens right into the living room, so the water stays in view while you're eating, entertaining, or winding down at the end of the day. Major work is already done — new roofing shingles, siding, windows, doors, furnace, central A/C, and deck, plus a sealed and coated crawl space raised two blocks for added dry storage. What's left is finish work, with most materials on site including flooring. Best of all, the home comes furnished — start enjoying the lake right away and finish the details at your own pace. Bring the boat — a 24x32 detached garage has room for it, plus the sleds and the gear. The community is gated, and the annual fee covers dock use, beach access, the community laundry building, plowing, lawn care, and garbage. The fee and taxes together still run under what a leased lot on Winnie costs each year. Year-round lake living on Big Winnie, with the best seat in the house already in place. Come take a look!

40089 Sunset Trail, Deer River

Listing courtesy of MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM.

$232,900

2 Beds ⋅ 1 Baths ⋅ 7140793 MLS

Tucked into the trees on approximately 2.4 acres, this 2-bedroom, 1-bath home offers the privacy, character, and lake access that make Northern Minnesota living special. Inside, you'll find a warm cabin feel with wood accents, an open kitchen and living space, and a cozy fireplace. Outside is where this property really shines, with multiple decks and outdoor gathering spaces, a fire pit, storage buildings, garage/workshop space, and plenty of room to enjoy the surrounding woods. Across the road, your own Johnson Lake frontage gives you a place to keep the dock, launch the kayaks, fish, swim, or simply sit by the water and enjoy the view. Whether you're looking for a weekend cabin, seasonal getaway, or a place to call home in the Northwoods, this property gives you a little bit of everything: woods, water, privacy, and room to make it your own.

38879 State Highway 38, Deer River

Listing courtesy of Pemberton RE.

$150,000

7133426 MLS

Incredibly private, scenic, and serene perfectly describe this rustic getaway. Sited on 25+ acres on Little Siseebakwet Lake, this forested retreat feels like it is miles away, yet is nestled between Remer (15 minutes) and Grand Rapids (30 Minutes). Currently used for hunting, the property has a furnished 480 sq foot cabin on piers (powered by a generator, heated with wood stove, propane stove + refrigerator), a shed, and an outhouse. Enjoy the property as-is, or spend time imagining and building your ideal Up North getaway.

42307 Rajala Road, Deer River

Listing courtesy of Anderson Realty.

$199,900

3 Beds ⋅ 1 Baths ⋅ 7126118 MLS

PUBLIC – Cute historic cabin on the north shore of Bowstring Lake. Huge outbuilding for all your toys with a second story that is partially finished as a bunk and rec room. One bedroom in cabin, two in outbuilding. Bring your tools and vision, as this place needs some work, but the price of entry can’t be beat on this sought-after lake.

50181 County Road 35, Deer River

Listing courtesy of Lakes & Leisure Realty.

37800 Grave Lake Forest Road, Deer River

$255,000

2 Beds ⋅ 1 Baths ⋅ 7120260 MLS

Escape to the peace and quiet of the Northwoods. This charming Grave Lake cabin rest on just under an acre of land with 212' of excellent sand. There is an inviting atmosphere with an open-concept kitchen, dining, and living area designed for relaxing after a day on the water. The large windows bring in the natural light and showcase the surrounding trees, and the bay. This is a 2-bedroom Cabin with 3/4 Bath. This is a classic Minnesota "Up North" setting. Whether you're looking for a seasonal retreat, weekend getaway, or a place to make lasting family memories, this property offers the perfect opportunity to enjoy Minnesota Lake Life

37800 Grave Lake Forest Road, Deer River

Listing courtesy of MN LAKESHORE PROPERTIES/MN UP NORTH REALTY.

$339,900

2 Beds ⋅ 1 Baths ⋅ 7107516 MLS

Enjoy year round lake living on popular Johnson Lake near Deer River with 100 feet of shoreline and nearly half the lake bordered by public land for a true Northwoods setting. This inviting 2 bedroom, 1 bathroom home has been updated for year round living while maintaining the warmth and character of a classic cabin. Inside, you'll find vaulted wood ceilings, an open floor plan, large lakeside windows, and comfortable living spaces filled with natural light and beautiful lake views. Mini split air conditioning keeps the home comfortable through the summer months. Step outside to expansive wraparound decks overlooking the water, perfect for entertaining or unwinding after a day on the lake. The shoreline features a dock, sandy beach, and a boathouse complete with a wood fired sauna. Storage sheds provide additional space for your outdoor gear. Whether you're looking for a full time home or a weekend getaway, this Johnson Lake property offers the Northwoods lifestyle you've been looking for.

35291 N Johnson Lake Road, Deer River

Listing courtesy of Pemberton RE.

$105,900

2 Beds ⋅ 1 Baths ⋅ 7110971 MLS

Nestled among the trees on just over 7 acres, and only a stone's throw from Little Jessie, Big Jessie, and Bowstring Lakes, this charming cabin is the perfect Up North retreat. Recently remodeled from top to bottom including power added, new roof, walls and everything in between. Featuring two bedrooms, a cozy living room, and a kitchen area, it's ready for your personal touch and vision. The property is also wired for RV hookups, making it easy to accommodate family and friends or bring your camper for additional space. Whether you're looking for a weekend getaway or the ultimate base camp, this property is ideally located for fishing, hunting, ATV riding, and snowmobiling, with trails conveniently located right across the road. You'll also enjoy access to thousands of acres of nearby public land, offering endless opportunities for outdoor recreation. New in 2025, this property is a fantastic opportunity to own your own slice of Northern Minnesota and start making memories in the great outdoors.

45649 Bowstring D1, Deer River

Listing courtesy of EDGE OF THE WILDERNESS REALTY.

$139,000

2 Beds ⋅ 2 Baths ⋅ 7101681 MLS

Fully renovated, fully furnished, and full of possibilities! This beautifully updated 2-bedroom, 2-bath home offers a flexible floor plan designed to fit a variety of needs. With kitchens and laundry on both the main and upper levels. There’s excellent potential to create separate living spaces, or explore a duplex conversion. Conveniently located just minutes from downtown Deer River, this move-in-ready property is perfect as a primary residence, vacation getaway, or investment opportunity. Don’t miss your chance to own a home where modern updates meet endless potential!

541 5th Street SE, Deer River

Listing courtesy of EDGE OF THE WILDERNESS REALTY.

$184,000

3 Beds ⋅ 1 Baths ⋅ 7087795 MLS

Escape to your own private Northwoods retreat! Nestled on 18 beautiful acres, this charming older home offers endless potential and a peaceful country setting. The property features multiple outbuildings, providing ample space for storage, hobbies, equipment, or recreational use. Wander down a secluded trail to discover a unique private campsite tucked away among the trees, perfect for gatherings, hunting camp, weekend getaways, or simply enjoying the tranquility of nature. With a mix of open space and wooded acreage, this property offers privacy, room to roam, and countless opportunities to make it your own. Whether you’re looking for a homestead, hunting property, or recreational retreat, this one-of-a-kind property is worth a look! Both bedrooms in the basement are non-egress windows.

48215 Hawthorn Dr, Deer River

Listing courtesy of EDGE OF THE WILDERNESS REALTY.

49231 County Road 173 Unit Cabin 12, Deer River

$315,000

8 Beds ⋅ 3 Baths ⋅ 7076254 MLS

Welcome to Bowstring Shores, where lake living meets opportunity. Cabin twelve is a fully furnished, 8-bedroom, 3-bathroom cabin conveniently located near the boat access. This could either be a year-round home, or a turnkey cabin getaway with built-in income potential, great for large family gatherings. Located on highly sought-after Bowstring Lake, one of northern Minnesota’s premier fishing lakes, this newly developed common interest community offers a unique ownership experience. Enjoy your time at the lake when you want it, and take advantage of a professionally managed rental program when you are not using the property. This allows owners the ability to generate income and offset expenses while maintaining a low-maintenance, hands-off ownership experience. Bowstring Lake spans nearly 10,000 acres and is well known for its excellent fishing, including walleye, northern pike, and panfish. The property also benefits from the deepest and most accessible private landing on the lake, accommodating a wide range of watercraft, including larger boats. Surrounded by the Chippewa National Forest, the area offers year-round recreation with nearby trails, hunting land, and outdoor activities. Each cabin within Bowstring Shores offers its own unique layout and character, while sharing the benefits of lake access, functional design, and the classic Up North cabin feel buyers are looking for. Common amenities include dock access, pool, laundry facilities, and maintained shared spaces, all designed to simplify ownership and enhance the overall experience. Whether you are searching for a personal retreat, a fishing basecamp, or an investment opportunity, this property offers a rare combination of all three in one setting. Multiple units available with varying sizes, layouts, and price points.

49231 County Road 173 Unit Cabin 12, Deer River

Listing courtesy of Real Broker,LLC.

49231 County Road 173 Unit Cabin 10, Deer River

$290,000

3 Beds ⋅ 2 Baths ⋅ 7074539 MLS

Welcome to Bowstring Shores, where lake living meets opportunity. Cabin ten is a fully furnished, 3-bedroom, 2-bathroom cabin conveniently located directly by the boat access. This could either be a year-round home, or a turnkey cabin getaway with built-in income potential. Located on highly sought-after Bowstring Lake, one of northern Minnesota’s premier fishing lakes, this newly developed common interest community offers a unique ownership experience. Enjoy your time at the lake when you want it, and take advantage of a professionally managed rental program when you are not using the property. This allows owners the ability to generate income and offset expenses while maintaining a low-maintenance, hands-off ownership experience. Bowstring Lake spans nearly 10,000 acres and is well known for its excellent fishing, including walleye, northern pike, and panfish. The property also benefits from the deepest and most accessible private landing on the lake, accommodating a wide range of watercraft, including larger boats. Surrounded by the Chippewa National Forest, the area offers year-round recreation with nearby trails, hunting land, and outdoor activities. Each cabin within Bowstring Shores offers its own unique layout and character, while sharing the benefits of lake access, functional design, and the classic Up North cabin feel buyers are looking for. Common amenities include dock access, pool, laundry facilities, and maintained shared spaces, all designed to simplify ownership and enhance the overall experience. Whether you are searching for a personal retreat, a fishing basecamp, or an investment opportunity, this property offers a rare combination of all three in one setting. Multiple units available with varying sizes, layouts, and price points.

49231 County Road 173 Unit Cabin 10, Deer River

Listing courtesy of Real Broker,LLC.

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.