1987 single family home for sale at 31620 395th Place in Aitkin, MN — 3 bed, 2 bath (photo 1 of 50)

31620 395th Place, Aitkin, MN 56431

3 Beds | 2 Baths | 1,500 Sq Ft | Single Family Home | MLS# 7105800

M Markdowns — Price Reduced — was $525,000 (↓ $25,500)

$499,500

Is 31620 395th Place a Good Deal?

BuyPulse Verdict

Premium Pricing

At $333/sqft — This home is priced 53% above the typical Aitkin single-family home of $217/sqft.

Your Negotiating Position

88 — Strong buyer leverage

Day 98 — Aitkin homes overall typically go under contract by day ~14. This one is past that window.

14 similar homes for sale — alternatives if they won't move.

This seller already cut $25,500 — motivation showing.

Powered by the Realgorithm™ — 58 active Aitkin listings · NorthstarMLS

$2,999/month Estimated

Principal & interest
$2,526
Property taxes
$182
Home insurance (est.)
$291
HOA dues
None

20% down ($99,900) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Aitkin, MN Active

Located in Maple Ridge, Aitkin, MN.

About This Home

Wake up to breathtaking sunrises over beautiful Ripple Lake from this well-maintained lake home/cabin featuring 143 feet of pristine shoreline. Situated on an almost one-acre lot with mature trees and gorgeous natural surroundings, this property offers the perfect balance of privacy, recreation, and relaxation. The nicely elevated setting provides stunning lake views, while the spacious yard offers plenty of room to enjoy the outdoors. An oversized garage provides ample storage for all your lake toys, recreational equipment, and vehicles. Recent updates include a new roof installed in 2025, and a new septic system is currently being installed for added peace of mind. Whether you're looking for a year-round residence or the perfect second-home getaway, this property checks all the boxes. Enjoy fishing, boating, kayaking, and exploring Ripple Lake, which is connected to the Ripple River, providing even more opportunities to experience Minnesota's great outdoors. Don't miss your chance to own this exceptional waterfront property—schedule your showing today!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $375K and $624K in Aitkin:

  • The field: 14 similar Aitkin homes for sale — you have options.

Powered by the Realgorithm™ — real Aitkin closings, zero guesses · NorthstarMLS

Key Features

Built
1987
Garage
2-Car Detached
Style
One
HOA
None
Annual Taxes
$2,178 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
800
Below Grade Sq Ft
700
Lot Size
0.973 acres
Basement
Yes
Roof
Asphalt
County
Aitkin
List Date
2026-07-07
Days on Market
98 days
Parcel ID
241116900

Financial

Total Tax incl. Assessments
$2,178

Home Systems & Utilities

Heating
Forced Air
Cooling
None
Water
4-Inch Submersible
Sewer
Septic System Compliant - Yes

Construction & Exterior

Construction & Structure

Foundation Type
Wood
Foundation Area
800 sqft
Total Building Area
1,600 sqft

Exterior Features

Exterior Features
Vinyl, Wood
Fenced Area
Yes
Other Structures
Bunk House
View
East, Lake
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage, Gravel

Lot & Land

Lot Features
Accessible Shoreline, Tree Coverage - Light
Road Surface
Township
Zoning Description
Shoreline,Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
Keller Williams Realty Professionals

Price History

  • Price reduced to $499,500 — Sep 12, 2026

31620 395th Place is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 31620 395th Place

Shannon Barnum

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 Keller Williams Realty Professionals · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7105800 · Data refreshed September 25, 2026

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Frequently Asked Questions About 31620 395th Place

Is $499,500 a good price for a home in Aitkin?
According to BuyPulse, 31620 395th Place rates Premium Pricing — at $333/sqft it's priced 53% 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 31620 395th Place have a basement?
Yes, 31620 395th Place has a finished basement with 700 sq ft of below-grade space.
What type of heating and cooling does 31620 395th Place have?
31620 395th Place has Forced Air heating and None cooling.
Where is 31620 395th Place located?
31620 395th Place is in the Maple Ridge neighborhood of Aitkin, MN 56431, in Aitkin County.
Is 31620 395th Place still available?
Yes — 31620 395th Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 31620 395th Place built?
31620 395th Place was built in 1987. It features an asphalt roof and a wood foundation.
How walkable is 31620 395th Place?
31620 395th Place has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 19/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 31620 395th Place are for sale in Aitkin?
14 similar homes (single-family homes between $375K and $624K 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.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 9:31 AM CDT. 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.

IDX information is provided exclusively 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.