$167,000
PENDING

39793 540th Ave Paynesville, MN 56362

Estimated payment $1,056/month

Total Views 12,320
2 Beds
1 Bath
695 Sq Ft
$240 Price per Sq Ft

Highlights

  • Lake Front
  • Living Room
  • Combination Kitchen and Dining Room
  • No HOA
  • 1-Story Property
  • Electric Fireplace

About This Home

Tucked in nature, surrounded by wildlife, and wonderfully located just 90 minutes from the metro area down a winding private road in a natural park-like setting, this two bedroom, one bathroom seasonal cabin comes furnished and ready to enjoy. The west-facing cabin allows for amazing sunset views across the lake. Come check it out, and it will be easy to imagine summer days and evenings filled with swimming, campfires, lawn games, and lake fun! Additionally included are a two-story 10' x 11.5' boathouse on the water's edge with incredible lake views from the porch on the second level and a 10' x 12' garden shed for extra storage. All furnishings, the dock, and the boat lift are included. A large parking area with recently applied crushed concrete provides parking for up to 5 vehicles. This is a very rare property and allows for someone to get onto Lake Koronis at a very reasonable price!

PLEASE NOTE: This must be a cash deal. This sale pertains only to the structures on the property. The land is leased. The current lease amount is $7,000 a year. Leases have been done in 5 year increments. Viewings are by appointment only. No drive byes, please...private road. Thanks!

Listing Agent

Riley Flanders

Your Next Place Real Estate Listed on: 06/06/2025

Co-Listing Agent

Brendan Mooney

Your Next Place Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,758

Year Built

  • Built in 1910

Lot Details

  • Lake Front

Interior Spaces

  • 695 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • 100 Amp Service
  • Sand Point Well

Community Details

  • No Home Owners Association
  • Prop Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 170042000

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,758

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Sand Point
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 695
  • Water Body Name: Koronis (main lake)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 30.5x10.5x8x18x16.5x5x6x23.5
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Microwave, Refrigerator
  • Fireplace Features: Electric
  • Living Area: 695
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: West
  • Other Structures: Boat House, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • Lake Acres: 2968
  • Lake Bottom: Hard,Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Fireplace(s), Other
  • Sewer: Tank with Drainage Field
  • Electric: 100 Amp Service
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Paynesville
  • SchoolDistrictNumber: 741
  • SchoolDistrictPhone: 320-243-3410

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 170042000
  • TaxWithAssessments: 0.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $32,758 $3,467,000 $2,519,400 $947,600
2024 $32,236 $3,480,400 $2,519,400 $961,000
2023 $32,236 $3,418,300 $2,519,400 $898,900
2022 $32,168 $2,676,800 $1,920,800 $756,000
2021 $27,556 $2,539,300 $1,898,900 $640,400
2020 $28,398 $2,270,800 $1,678,600 $592,200
2019 $27,670 $2,268,700 $1,669,900 $598,800
2018 $25,168 $2,275,800 $1,669,900 $605,900
2017 $24,922 $2,042,000 $1,494,500 $547,500
2016 $24,794 $2,024,300 $1,494,500 $529,800
2015 $26,168 $0 $0 $0
2014 $26,168 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Pending -- -- --
07/11/2025 07/11/25 Price Changed $167,000 -1.5% $240 / Sq Ft
07/02/2025 07/02/25 Price Changed $169,500 -1.5% $244 / Sq Ft
06/19/2025 06/19/25 Price Changed $172,000 -1.4% $247 / Sq Ft
06/06/2025 06/06/25 For Sale $174,500 -- $251 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6734524

NorthstarMLS

APN: 17-0042000