31519 374th Place, Aitkin, MN 56431 (MLS# 7029583)


$495,000
31519 374th Place
Aitkin, MN 56431
MLS# 7029583
3 beds  |  2 baths  |  1568 sqft


31519 374th Place, Aitkin, MN 56431
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Property Description
Year-round lake home on sought-after Elm Island Lake offering the perfect blend of personal retreat and investment potential. Enjoy beautiful lake views, great fishing, boating, and the peaceful Up North lifestyle in this waterfront property featuring a home + bunkhouse setup. The main home includes a cozy family room and sunporch, both with fireplaces, creating warm gathering spaces after a day on the lake. Large windows bring in natural light and showcase the water views. A separate lakeside bunkhouse offers flexibility with 2 bedrooms, 1 bathroom, a private kitchen, and electricity ideal for guests, multi-generational living, or potential Airbnb/VRBO use. Sellers have already completed the process of obtaining a Short-Term Rental (STR) license, creating a rare turnkey opportunity for buyers seeking rental income, a vacation home, or a year-round Minnesota lake property. Included is all the furniture and dock.

Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: 495000
Original List Price: 495000
ListPrice: 495000
List Date: 2026-03-24
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: Yes
Waterfront Frontage: 100
Waterfront Present: Yes
Year Built: 1968
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 2
Bath Three Quarters: 1
Bath Half: 1
Main Floor Total SqFt: 1568
Above Grd Total SqFt: 1568
Total SqFt: 1568
Total Finished Sqft: 1568.00
FireplaceYN: Yes
Lake/Waterfront Name: Elm Island
Style: (SF) Single Family
Foundation Size: 1568
Garage Stalls: 2
Lot Dimensions: 100x299x148x354
Acres: 0.79
Assessment Pending: No
Location Tax and Other Information
House Number: 31519
Street Name: 374th
Street Suffix: Place
Postal City: Aitkin
County: Aitkin
State: MN
Zip Code: 56431
Complex/Dev/Subdivision: Elm Island Add
Assessments
Tax With Assessments: 2556
Building Information
Finished SqFt Above Ground: 1568
Lake Details
Lake Acres: 656
Lake Depth: 25
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: OTHER
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 20.10'x23.1'
Garage Square Feet: 462
Public Survey Info
Range#: 26
Section#: 16
Township#: 46
Property Features
Accessible: No Stairs Internal
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Deck; Dock; Main Floor Primary Bedroom; Patio; Sun Room
Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer
Basement: None
Bath Description: Main Floor 3/4 Bath; Walk-In Shower Stall
Construction Materials: Log
Construction Status: Previously Owned
Dining Room Description: Kitchen/Dining Room; Living/Dining Room
Electric: 200+ Amp Service
Elevation Highpoint to Waterfront Slope: Gradual
Exterior: Cedar; Cement Board
Family Room Characteristics: Main Level
Fencing: None
Fireplace Characteristics: Electric
Fuel: Propane
Heating: Forced Air
Internet Options: Fiber Optic
Lake Details: Sand
Laundry: Main Level
Lock Box Type: Combo
Outbuildings: Bunk House
Road Frontage: Private Road; Unpaved Streets
Road Responsibility: Private Maintained Road
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional
Sewer: Septic System Compliant - Yes; Tank with Drainage Field
Special Search: 3 BR on One Level; All Living Facilities on One Level; Main Floor Laundry; Main Floor Primary
Stories: One
Water: Drilled
Waterfront View: Lake
Room Information
Room Name Dimensions Level
Bathroom7.6'x10.7'Main
Bathroom11.7'x10.7'Main
Dining Room9.2'x17.9'Main
First (1st) Bedroom15.9'x9.11'Main
Garage20.10'x23.1'Main
Kitchen16.6'x13.4'Main
Laundry4'x4'Main
Living Room19.8'x17.9'Main
Second (2nd) Bedroom9.11'x9.11'Main
Third (3rd) Bedroom10.7'x13.3'Main

Listing Office: Woods to Water Real Estate

Last Updated: May - 21 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 22nd of May 2026 09:25 PM

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