40559 321st Ln Aitkin, MN 56431
Estimated payment $5,135/month
Highlights
- 150 Feet of Waterfront
- Deck
- Vaulted Ceiling
- Heated Floors
- Family Room with Fireplace
- Main Floor Primary Bedroom
About This Home
What an opportunity to own this piece of paradise. A unique one owner property that is truly like no other! Boating, fishing, hunting and recreation along with an abundance of wildlife right out your front door. Ideal for year-round enjoyment from kayaking in the summer to snowmobiling in the winter. Nestled on 31 acres of heavily wood land with approx. 150’ level lakeshore on Hanging Kettle Lake and over 1400’ of frontage on the Ripple River, it offers a rare blend of privacy, recreation, and comfort only minutes from downtown Aitkin. 3-bedroom 3 bath country home with an open floor plan, offering vaulted ceilings, hardwood flooring, main floor laundry-mudroom convenience, office-sunroom, eat in kitchen with huge walk-in pantry, separate dining area and a gorgeous living room with a wall of windows showcasing stunning lake views, primary bedroom with double closets and a full bathroom. Upstairs loft with 2 bedrooms, large closets and a 3⁄4 bathroom. Basement includes a family room with a wood burning fireplace, wet bar and bonus room, utility room, ample storage throughout and a 3-season porch. Enjoy the southern exposure from your lake facing deck overlooking a meticulously cared for and landscaped yard. 2+ stall insulated and heated garage with upper storage, workshop area and has a floor drain, plus a 30 x 40 pole building with a concrete floor, electricity, upper storage shelving and plenty of room for larger equipment. Off peak electric basement in floor heating, mini split A/C & heat, wood burning fireplace & a heat & glo gas fireplace, newer on demand hot water baseboard boiler. This property is clearly designed for year-round enjoyment and offers a lifestyle that balances rustic charm with modern amenities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,412
Year Built
- Built in 1992
Lot Details
- Lot Dimensions are 415x66x147x144x222x215x1160x957x1424x168x335x150
- 150 Feet of Waterfront
- Lake Front
- Many Trees
- Zoning described as Shoreline,Residential-Single Family
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Frame Construction
Interior Spaces
- 1.5-Story Property
- Vaulted Ceiling
- Wood Burning Fireplace
- Gas Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Utility Room Floor Drain
- Heated Floors
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Storage
- Basement Window Egress
Outdoor Features
- Deck
- Screened Patio
- Wrap Around Porch
Utilities
- Mini Split Air Conditioners
- Dual Heating Fuel
- Baseboard Heating
- Boiler Heating System
- Heating System Uses Wood
- 200+ Amp Service
- Propane
- Well
- Drilled Well
- Electric Water Heater
- Water Softener is Owned
- Fuel Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 070026205
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,412 | $841,100 | $289,400 | $551,700 |
| 2024 | $4,338 | $861,500 | $292,300 | $569,200 |
| 2023 | $3,822 | $844,700 | $278,300 | $566,400 |
| 2022 | $3,810 | $717,400 | $231,100 | $486,300 |
| 2021 | $3,406 | $563,900 | $189,900 | $374,000 |
| 2020 | $3,356 | $521,200 | $180,200 | $341,000 |
| 2019 | $3,170 | $488,000 | $180,800 | $307,200 |
| 2018 | $2,866 | $451,200 | $175,900 | $275,300 |
| 2017 | $2,478 | $414,000 | $169,800 | $244,200 |
| 2016 | $2,598 | $414,200 | $170,200 | $244,000 |
| 2014 | $2,526 | $423,000 | $186,100 | $236,900 |
| 2012 | $24 | $463,700 | $197,600 | $266,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | For Sale | $899,000 | -- | $242 / Sq Ft |
Source: NorthstarMLS
MLS Number: 6789522
APN: 07-0-026205
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Ask me questions while you tour the home.