31519 374th Place, Aitkin, MN 56431

$475,000
3
BD
2
BA
1,568
SqFt

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Sold Price
$475,000
List Price
$485,000
Days on Market
136
Closing Date
Aug 07, 2026
MLS#
7029583
Status
CLOSED
Type
Single Family Residential
Bedrooms
3
Bathrooms
2
Living Area
1,568
Acres
0.79
Subdivision
Elm Island Add
Year Built
1968

Property 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.

Additional Information

School District
Aitkin
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, Stainless Steel Appliances, Washer, Water Softener Owned
Tax Year
2025
Waterfront Features
Lake Front
Fencing
None
Fuel
Propane
Water Body Name
Elm Island
Sewer
Septic System Compliant - Yes, Tank with Drainage Field
Roof
Age Over 8 Years
Air Conditioning
Central Air
Heating
Forced Air, Fireplace(s)
Water
Drilled
Out Buildings
Bunk House
Basement
None
Parking
Attached Garage
Garage Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Woods to Water Real Estate.

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