31519 374th Place, Aitkin, MN 56431

$485,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,568 Lot Size (sq. ft.): 34,412 Status: Active
Current Price: $485,000 List Date: 3/24/2026 Last Modified: 7/06/2026

Overview

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.

Listing Details MLS# 7029583

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 YN
Yes
Year Built
1968
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
Yes
Bath Half
Yes
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
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

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 Type: Lake Front Waterfront View: Lake

Contract Information

Contingency
None
Original List Price
495000
ListPrice
485000
Owner is an Agent?
No
Auction?
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
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1568

More Information

Lake Details

Lake Acres
656
Lake Depth
25
Sand
Yes

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
OTHER
Combo
Yes

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

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Fire Number
31519
Legal Description
LOT 7
Listing City
Aitkin
Map Page
999
Municipality
Nordland Twp
School District
Aitkin
School District Phone
218-927-2115
DNR Lake ID#
01012300
DNR Lake Classification
Recreational Development
Zip Plus 4
1832
Property ID Number
241071500
Tax Year
2025
Tax Amount
2556
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
Take 380th Ave, left onto Deer St, right onto 316th Ln, slight right onto 374th Pl and the home will be on the right.

Accessible

No Stairs Internal
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Deck
Yes
Dock
Yes
Main Floor Primary Bedroom
Yes
Patio
Yes
Sun Room
Yes

Appliances

Air-To-Air Exchanger
Yes
Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

None
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Walk-In Shower Stall
Yes

Construction Materials

Log
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Electric

200+ Amp Service
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Cedar
Yes
Cement Board
Yes

Family Room Characteristics

Main Level
Yes

Fencing

None
Yes

Fireplace Characteristics

Electric
Yes

Fuel

Propane
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Fiber Optic
Yes

Laundry

Main Level
Yes

Outbuildings

Bunk House
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Front Porch
Yes
Patio
Yes

Road Frontage

Private Road
Yes
Unpaved Streets
Yes

Road Responsibility

Private Maintained Road
Yes

Roof

Age Over 8 Years
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Septic System Compliant - Yes
Yes
Tank with Drainage Field
Yes

Special Search

3 BR on One Level
Yes
All Living Facilities on One Level
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes

Stories

One
Yes

Water

Drilled
Yes

Waterfront Type

Lake Front
Yes

Waterfront View

Lake
Yes

Room Information

Room Name Dimensions Level
Bathroom 7.6'x10.7' Main
Bathroom 11.7'x10.7' Main
Dining Room 9.2'x17.9' Main
First (1st) Bedroom 15.9'x9.11' Main
Garage 20.10'x23.1' Main
Kitchen 16.6'x13.4' Main
Laundry 4'x4' Main
Living Room 19.8'x17.9' Main
Second (2nd) Bedroom 9.11'x9.11' Main
Third (3rd) Bedroom 10.7'x13.3' Main

Documents

IDX
Listing Office: Woods to Water Real Estate
Last Updated: July - 06 - 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.
Search powered by FBS Products