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Browse All Cambridge MN Between $400K - $500K Properties for Sale

$449,900
3 Beds ⋅ 2 Baths ⋅ 7133288 MLS
Lake living with channel access to Fannie Lake! Meticulously maintained three-level split set on a beautifully landscaped 1.3 acre lot with inviting outdoor spaces, thoughtful updates, and convenient lake access. Enjoy the outdoors from the welcoming covered front porch, natural flagstone patio, covered grilling area, above-ground pool with deck and locking gate, and spacious yard. Lake Fannie access is via a walkway to an open-water channel, offering quick and convenient access to the main lake. The property also offers direct access to the snowmobile trail system. An oversized two-car garage with side-enclosed carport, built-in shelving, attic storage, heavy insulated garage doors, and a dedicated camper/RV parking pad provide excellent parking and storage flexibility. Inside, hardwood floors on the main level lead into the inviting living room, featuring a resurfaced gas fireplace with built-in shelving on both sides. The kitchen offers stainless steel appliances, eat-in dining space, new countertops and matching backsplash, an extra-deep sink, reverse osmosis system, microwave, and walkout access to the yard and patio. Upstairs are three bedrooms, including a primary bedroom with convenient walkthrough access to a remodeled bathroom featuring a new vanity and extra-deep soaking tub. The finished lower level adds flexible living space with a spacious family room, remodeled 3/4 bathroom with new vanity and walk-in shower, office nook, laundry with both gas and electric available for the dryer, and walkout access to the natural flagstone patio. The home has been continuously updated and thoughtfully maintained, with improvements including new exterior doors and heavy insulated garage doors (2020), Karastan carpet upstairs and downstairs, roof and gutters with guards (2022), well cleaning, sterilization and new pump (2023), and a new front entry door (2026). Additional features include natural gas, an owned water softener (2025), updated water heater, organized closets throughout, and abundant garage storage. The private backyard with a living wall of evergreens on both sides providing year-round privacy, mature landscaping, lake access via the channel, outdoor amenities, and multiple gathering spaces create an appealing setting for enjoying all four seasons. A well-cared-for property offering a combination of lake access, spacious grounds, extensive updates, and versatile living and storage areas.

31795 Lakeway Drive NE, Cambridge

Listing courtesy of RE/MAX Results.

$425,000
4 Beds ⋅ 2 Baths ⋅ 7035757 MLS
Welcome to this beautiful acreage property offering privacy, mature trees, and plenty of space, all while being conveniently located just outside Cambridge! This unique property offers incredible flexibility with a mother-in-law suite and two kitchens, providing ample space for extended family, guests, multi-generational living, or whatever your needs may be. The home has been wonderfully maintained over the years and features an inviting main-floor kitchen with an open-concept layout flowing into the living room. The home also offers an updated heating system and new luxury vinyl plank flooring throughout. Numerous major updates have been completed in 2026, including a brand-new four-bedroom septic system, new well, fresh interior paint, new 200-amp electrical service, and a new concrete patio and steps. The garage/shop will also receive a new roof prior to closing. For all your storage, hobby, and workspace needs, the property also features a 29’ x 41’ shop with an unloading dock, offering excellent functionality and plenty of room for equipment, toys, vehicles, or additional storage. With four bedrooms all on one level, multiple living spaces, two kitchens, mature trees, a spacious shop, and plenty of privacy, this is a clean, move-in-ready acreage property with the flexibility to accommodate a wide variety of lifestyles. A rare opportunity to enjoy acreage living with privacy and space while remaining conveniently close to everything Cambridge has to offer!

3063 325th Avenue NW, Cambridge

Listing courtesy of RE/MAX RESULTS.

$494,900
4 Beds ⋅ 2 Baths ⋅ 7109433 MLS
Home sweet home, or perfect home away from home! Escape the noise of the city to this beautiful house tucked in the woods on 3.51 acres—perfect for year-round living or a private cabin getaway. Step inside the welcoming foyer/mudroom and immediately notice the attention to detail and updates throughout the open floor plan. The main level features gorgeous stonework, convenient main-floor laundry, and a cozy fireplace perfect for curling up in front of on a cold evening. The smart layout includes two bedrooms and two bathrooms upstairs, one beautifully finished with tile, glass block, and custom cement shelves, adjacent to the large primary bedroom with double closets. Two additional bedrooms on the lower level. Relax in the three-season porch, pack away your gear in the home's abundant storage spaces, or head outside to enjoy the sounds of the birds and local wildlife from the patio and firepit. Please also note that the seller will replace the fuel oil boiler with a propane boiler and remove the wood stove with an acceptable offer. If it's outbuildings you're looking for, this property has them all. There is a 27x21 heated pole shed/garage featuring cement floors, a large garage door, and a built-in workbench ready for any project. For even more storage, you will find a massive 60x32 pole building with dirt floors, alongside a barn/shed that offers an 11x23 garage space and an additional 16x12 storage area. And for the kiddos, be sure to check out the adorable playhouse/she shed and the included play set. Brand new septic in 2025. This charming, feature-packed home you truly just have to see in person!

3097 325th Avenue NW, Cambridge

Listing courtesy of RE/MAX RESULTS.

$424,900
2 Beds ⋅ 3 Baths ⋅ 7089193 MLS
Beautiful home featuring a large mother-in-law suite with its own kitchen, offering flexibility, privacy, and multi-generational living potential. The home includes two full kitchens and a spacious open-concept layout where the kitchen flows seamlessly into the dining and living areas, creating an inviting space for everyday living and entertaining. Surrounded by mature trees, the property offers excellent shade and privacy. The main level provides a functional and spacious floor plan with easy access to the mother-in-law suite. The full basement includes a bathroom and offers excellent potential for additional finished living space. The oversized four-car garage is heated, insulated, and finished, making it feel like a true extension of the home with plenty of room for vehicles, storage, hobbies, or a workshop. Situated on a desirable corner lot, this property offers a rare opportunity to own a home with a private mother-in-law suite, two kitchens, and exceptional space, all while being conveniently located close to town amenities, shopping, schools, and restaurants. An added bonus is the significant infrastructure improvements underway. The property will benefit from brand-new pavement, curb improvements, and upgraded city water and sewer services. All assessments related to these improvements have been paid in full by the seller, providing tremendous value and peace of mind for the future owner. A must-see property with features that are hard to find!

1332 2nd Avenue SE Unit 795, Cambridge

Listing courtesy of RE/MAX RESULTS.

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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.

Between $400K - $500K Cambridge Real Estate

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