Lori Gustafson

31079 402nd Place

Aitkin, MN
$ 349,900 Beds 2 Baths 2 Sq 1,180 Virtual Tour
Monthly Estimate* How much can I afford?

Experience peace, tranquility, and breathtaking sunsets from this beautifully renovated 2-bedroom, 2-bath cabin nestled along the shores of Diamond Lake. This charming retreat is move-in ready and features brand-new roofing and maintenance-free siding, providing years of worry-free enjoyment. The warm and inviting interior features hardwood floors, a cozy sunken living room with a wood-burning fireplace, and stunning lake views from the spacious sunroom highlighted by a wall of windows. The primary suite includes a private bath, while the convenient main-floor laundry adds everyday comfort. The thoughtfully designed layout offers an eat-in kitchen with bar seating, along with a separate dining area perfect for entertaining family and friends. Step outside to a large lakeside deck overlooking a beautiful lot with many colorful perennials. A versatile storage shed provides ample space for equipment or can easily be converted into a bunkhouse for additional guests. Diamond Lake is known for its quiet, relaxing atmosphere and excellent recreational opportunities, including kayaking, boating, and great fishing. Enjoy access to Hanging Kettle Lake and Ripple Lake, plus a level sandy shoreline that's perfect for swimming and lakeside relaxation. Lot 8 included. If you desire year round, consider drilling your own well and insulate under the cabin and could be ready to use all year.

Single Family

  • Price
  • $ 349,900
  • City
  • Aitkin
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • AITKIN
  • Half Bathrooms
  • 0
  • Area
  • Ince Diamond Lake Sub
  • Lot Size
  • 0.92 Acres
  • Zip
  • 56431
  • Sqr Footage
  • 1,180
  • Year Built
  • 1987
  • Taxes
  • $ 1564
  • Style
  • Single Family
  • MLS#
  • 7109600
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1180
Sewer Shared Septic,Tank with Drainage Field
Heating Baseboard,Fireplace(s)
Cooling None
Roof Age 8 Years or Less,Asphalt
Appliances Dryer,Range,Refrigerator,Washer
Construction Materials Frame
Year Built 1987
Electric 200+ Amp Service
View North,Panoramic,West
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Dock,Lake Front,Lake View
Accessibility None
Additional Parcels Description 071131101
County Aitkin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Ince Diamond Lake Sub
Other Structures Storage Shed
Directions From downtown Aitkin go S on Minn Ave then east on Hwy 47 stay right onto County Road 12 (Deer Street) follow approx 2 miles then right on County Road 39 (Oak Ave) follow approx 2.2 miles then right
City Aitkin
High School District Aitkin
Zoning Description Shoreline,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1564
Additional Parcels Y/N Yes
Virtual Tour https://my.matterport.com/show/?m=memtgxmetjs&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Deck,Dock,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
PostalCity Aitkin

Interior Features

Basement Block,Crawl Space
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1180
3/4 Baths 2
Laundry Features Main Level
Total Bedrooms 2
Total Baths 2
Bath Desc 3/4 Primary,Private Primary,Main Floor 3/4 Bath
Dining Room Description Breakfast Area,Kitchen/Dining Room
Foundation Dimensions 18x41x32x18x14x23
Fuel Electric,Wood
Waterfront Feet 280

Exterior Features

Parking Features Gravel,Shared Driveway
Lot Features Tree Coverage - Medium
Water Source Shared System,Well
Lot Size Area 0.92
Building Area Total 1180
Lot Dimensions 50x219x54x240xIRR
Waterfront Y/N Yes
Foundation Area 990
Road Frontage Type Private Road,Unpaved Streets
Road Responsibility Private Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/17/2026 Listed $449,900
8/1/2026 3% - $439,900
8/6/2026 10% - $399,000
8/19/2026 4% - $385,000
9/7/2026 10% - $349,900

Property vs Zip Code Average in 56431

Price
AVG $460K
$350K
Taxes
AVG $1,848
$1,564
Year Built
AVG 1975
1987
Visits
AVG 70
149
Data Provided by Inside Real Estate®

Areas That We Cover

31079 402nd Place Aitkin, MN is a Single Family Home for sale at $349900 with 1180 sqft and a lot size of 0.92 Acres Acre(s). 31079 402nd Place Aitkin has 2 bedrooms, 2 baths and was built in 1987. The property's zip code is 56431 which is in Aitkin, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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