31079 402nd Place, Aitkin, MN 56431
2 Beds | 2 Baths | 1,180 Sq Ft | Single Family Home | MLS# 7109600Lakefront on Diamond Lake · 80 acres · 26 ft deep
Price Drop on M Markdowns — was $385,000 (↓ $35,100)
$2,242/month Estimated
- Principal & interest
- $1,908
- Property taxes
- $130
- Home insurance (est.)
- $204
- HOA dues
- None
20% down ($69,980) · 30-yr fixed, 7.24%
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Estimates only; confirm before you offer.
Located in Ince Diamond Lake Sub, Aitkin, MN.
About This Home
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.
3D Home Tour
BuyPulse · Live market read
How 31079 402nd Place Compares to the Aitkin Market
At $297/sqft, this home is priced $80/sqft above the typical Aitkin single-family home of $217/sqft.
The median list price in Aitkin is $349,450.
Verdict: Premium Pricing
Your negotiating position
88 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 110 — Aitkin homes overall typically go under contract by day ~18. This one is past that window.
23 similar homes for sale — alternatives if they won't move.
This seller already cut $35,100 — the asking price has already moved.
Homes like this one — single-family homes between $262K and $437K in Aitkin:
- The field: 23 similar Aitkin homes for sale — you have options.
- Price cuts: 12 of 23 similar homes have trimmed asking — median trim $17,500. This one already cut $35,100.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Aitkin closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1987
- Style
- One
- HOA
- None
- Annual Taxes
- $1,564 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,180
- Lot Size
- 0.92 acres
- Basement
- Yes
- Roof
- Age 8 Years or Less, Asphalt
- Construction
- Frame
- County
- Aitkin
- List Date
- 2026-07-17
- Days on Market
- 110 days
- Parcel ID
- 071130502
Financial
- Total Tax incl. Assessments
- $1,564
Home Systems & Utilities
- Heating
- Baseboard, Fireplace(s)
- Cooling
- None
- Electric
- 200+ Amp Service
- Water
- Shared System, Well
- Sewer
- Shared Septic, Tank with Drainage Field
- Appliances
- Dryer, Range, Refrigerator, Washer
Interior Features
- Laundry
- Main Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 990 sqft
- Total Building Area
- 1,180 sqft
Exterior Features
- Exterior Features
- Aluminum Siding
- Other Structures
- Storage Shed
- View
- North, Panoramic, West
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Gravel, Shared Driveway
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- Private Road, Unpaved Streets
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Diamond
- Lake Acres
- 80 acres
- Lake Depth
- 26 ft
Agent & Office
- List Office
- Edina Realty, Inc.
Price History
Reduced $90,000 (20.5%)
- Price reduced to $439,900 — Jul 31, 2026
- Price reduced to $399,000 — Aug 5, 2026
- Price reduced to $385,000 — Aug 19, 2026
- Price reduced to $349,900 — Sep 7, 2026
31079 402nd Place is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 31079 402nd Place
Associate Broker · Modern Market REALTORS®
Your Aitkin real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Edina Realty, Inc. · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7109600 · Updated September 15, 2026
Similar Homes for Sale Near 31079 402nd Place, Aitkin, MN
Frequently Asked Questions About 31079 402nd Place
- Is $349,900 a good price for a home in Aitkin?
- According to BuyPulse, 31079 402nd Place rates Premium Pricing — at $297/sqft it's priced 37% above the typical Aitkin single-family home of $217/sqft. Its negotiating-position score is 88/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Aitkin homes are closing versus list. Powered by the Realgorithm™. Browse Aitkin homes for sale to compare.
- Does 31079 402nd Place have a basement?
- Yes, 31079 402nd Place has a basement.
- What type of heating and cooling does 31079 402nd Place have?
- 31079 402nd Place has Baseboard, Fireplace(s) heating and None cooling.
- Where is 31079 402nd Place located?
- 31079 402nd Place is in the Ince Diamond Lake neighborhood of Aitkin, MN 56431, in Aitkin County.
- Is 31079 402nd Place still available?
- Yes — 31079 402nd Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 31079 402nd Place built?
- 31079 402nd Place was built in 1987. It features frame construction and a block foundation.
- Does 31079 402nd Place have main-floor laundry?
- Yes — the laundry at 31079 402nd Place is on the main level.
- How many homes like 31079 402nd Place are for sale in Aitkin?
- 23 similar homes (single-family homes between $262K and $437K in Aitkin) are for sale right now — you have options.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Aitkin area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/04/2026, 12:11 PM CST. 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.
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