$1,500,000

29206 388th Place Aitkin, MN 56431

Estimated payment $8,337/month

Total Views 103
2 Beds
-- Bath
480 Sq Ft
$3,125 Price per Sq Ft

Highlights

  • 1,375 Feet of Waterfront
  • 4,795,956 Sq Ft lot
  • No HOA
  • Beach Access
  • Wood Burning Stove
  • The kitchen features windows

About This Home

Since the late 1800's this legacy property has been owned by several generations of the same family. They are now offering the rarest of rare opportunities to own 110 acres and 1375 feet of sand shoreline on desirable Lone Lake in Aitkin. This premiere 433-acre lake has a max depth of 60' and has 13' of clarity. The property even has its own private lake the family calls "Minnie Lake". The acreage has a mix of high and low and there are plenty of wooded acres for hunting and outdoor recreation. The small primitive cabin has space for gathering and sleeping and the vintage granary has storage space. If you have been dreaming of water, woods and wilderness, your dreams just came true!

Listing Agent

Kay Hill

Edina Realty, Inc. Listed on: 10/31/2025

Edina Realty, Inc.

Co-Listing Agent

Brad Wadsten

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,836

Year Built

  • Built in 1950

Lot Details

  • 110.1 Acre Lot
  • Lot Dimensions are 1375x3844x3453x1375
  • 1,375 Feet of Waterfront
  • Lake Front
  • Unpaved Streets
  • Many Trees

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 480 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Combination Dining and Living Room
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Outdoor Features

  • Beach Access
  • Outhouse

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 240055100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,836

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Other, Well
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 480
  • Water Body Name: Lone
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: Microwave, Range, Refrigerator
  • Living Area: 480
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • View: Lake
  • Other Structures: Granary
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Deck
  • Lake Bottom: Gravel,Hard
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 1375

Garage/Parking

  • Parking Features: Driveway - Other Surface

Utilities

  • Heating: Wood Stove
  • Sewer: Outhouse
  • Electric: Circuit Breakers
  • Fuel: Wood
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 1375x3844x3453x1375
  • Lot Size Sq Ft: 4795956
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 240055100
  • Tax Annual Amount: 5836
  • TaxWithAssessments: 5836.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,836 $1,264,200 $1,230,400 $33,800
2024 $5,564 $1,212,800 $1,180,400 $32,400
2023 $4,874 $1,177,800 $1,145,800 $32,000
2022 $5,806 $977,100 $952,300 $24,800
2021 $5,582 $866,100 $847,100 $19,000
2020 $5,804 $845,600 $829,000 $16,600
2019 $5,740 $844,700 $829,000 $15,700
2018 $5,910 $847,700 $830,600 $17,100
2017 $5,500 $845,600 $829,900 $15,700
2016 $5,612 $846,500 $830,800 $15,700
2014 $4,964 $783,000 $768,000 $15,000
2012 $63 $1,002,600 $987,800 $14,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $1,500,000 -- $3,125 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6811926

NorthstarMLS

APN: 24-0-055100