40559 321st Ln Aitkin, MN 56431
Estimated payment $5,116/month
Highlights
- 150 Feet of Waterfront
- 1,354,716 Sq Ft lot
- Vaulted Ceiling
- River View
- 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
- 31.1 Acre Lot
- Lot Dimensions are 415x66x147x144x222x215x1160x957x1424x168x335x150
- 150 Feet of Waterfront
- Lake Front
Parking
- 2 Car Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 1.5-Story Property
- Wet Bar
- Vaulted Ceiling
- Wood Burning Fireplace
- Mud Room
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Home Office
- Loft
- Bonus Room
- Utility Room
- Utility Room Floor Drain
- River Views
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Storage
- Basement Window Egress
Outdoor Features
- Porch
Utilities
- Baseboard Heating
- Boiler Heating System
- 200+ Amp Service
- Well
- Drilled Well
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | For Sale | $899,000 | -- | $242 / Sq Ft |
Source: NorthstarMLS
MLS Number: 6789522
APN: 07-0-026205
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 40587 321st Ln
- 070026400 321st Ln
- 32095 402nd Place
- 40619 320th Ln
- 32003 402nd Place
- Blk 1 Lot 9 Derby Town
- 41076 340th Ln
- 32782 388th Place
- 41288 300th Ln
- 39631 342nd Ln
- 400 Riverdale Dr
- TBD Lots B & C 389th Ave
- 43XXX Daisy St
- 29569 400th Ave
- 29351 410th Place
- TBD 305th St
- Lot 7 & 8 Red Oak Ct
- 30260 426th Place
- 38257 Dove St
- 31 Maryhill Ln