1954 single family home for sale at 32492 355th Avenue in Aitkin, MN — 5 bed, 3 bath (photo 1 of 47)

32492 355th Avenue, Aitkin, MN 56431

5 Beds | 3 Baths | 1,992 Sq Ft | Single Family Home | MLS# 7124207

Price Drop on M Markdowns — was $470,000 (↓ $10,000)

$460,000

Is 32492 355th Avenue a Good Deal?

BuyPulse Verdict

Fair Market Value

At $231/sqft — This home is priced 6% above the typical Aitkin single-family home of $217/sqft.

Your Negotiating Position

82 — Strong buyer leverage

Day 63 — Aitkin homes overall typically go under contract by day ~14. This one is past that window.

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

This seller already cut $10,000 — motivation showing.

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

$2,844/month Estimated

Principal & interest
$2,326
Property taxes
$250
Home insurance (est.)
$268
HOA dues
None

20% down ($92,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Aitkin, MN Active

About This Home

Lakefront Retreat with Multiple Cabins & 6+ Car Garages! Welcome to your ready-to-go year-round lake property with over 1.3 acres, nearly 200 feet of shoreline, multiple cabins with year-round accommodations and extensive garage space! The main year-round cabin features a vaulted design oriented toward the lake, with 4 bedrooms - all conveniently located on the main level, along with a full bath, The spacious kitchen is perfect for gathering with family and friends, while the main living area opens onto a large deck overlooking the lake. The walkout lower-level family room leads directly to a patio, creating even more space for entertaining, relaxing, and enjoying the outdoor, and an additional ¾ bath on the lower level. Need room for guests? A second cabin offers a bedroom, a full bathroom, a full kitchen and its own deck, making it an ideal guest retreat or additional space for family and friends. There’s even a separate kids’ cabin, adding a fun and unique touch to this one-of-a-kind property. For the hobbyist, lake enthusiast, or anyone needing serious storage, you’ll appreciate the two garages with a combined total of 6+ parking spaces. There’s plenty of room for vehicles, boats, lake toys, winter toys, and all the extras that come with enjoying lake life. Year-round. Lakefront. Multiple cabins. Nearly 200 feet of shoreline. Six garage spaces. And over 1.3 acres. Did we mention year-round? This is far more than a seasonal getaway—it’s a true lakefront destination designed for making memories for years to come!

Virtual Tour

Take a virtual tour of this home

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $345K and $575K in Aitkin:

  • The field: 18 similar Aitkin homes for sale — you have options.

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

Key Features

Built
1954
Garage
6-Car Detached
Style
One
HOA
None
Annual Taxes
$2,994 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,760
Below Grade Sq Ft
232
Lot Size
1.3 acres
Basement
Yes
Construction
Block, Frame
County
Aitkin
List Date
2026-08-11
Days on Market
63 days
Parcel ID
240023500

Financial

Total Tax incl. Assessments
$2,994

Home Systems & Utilities

Heating
Baseboard, Forced Air
Cooling
None
Electric
Circuit Breakers
Water
Private, Sand Point
Sewer
Private Sewer, Tank with Drainage Field
Appliances
Dishwasher, Dryer, Microwave, Range, Stainless Steel Appliances, Tankless Water Heater, Washer

Interior Features

Laundry
Lower Level, Laundry Room

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
1,760 sqft
Total Building Area
2,472 sqft

Exterior Features

Exterior Features
Vinyl, Wood
Other Structures
Bunk House, Guest House, Pole Building
View
East, Lake, Panoramic, South
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage, Asphalt, Garage Door Opener, Heated Garage, Multiple Garages

Lot & Land

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

Waterfront

Waterfront
Yes

Agent & Office

List Office
Coldwell Banker Realty

Price History

Reduced $10,000 (2.1%)

  • Price reduced to $470,000 — Sep 15, 2026
  • Price reduced to $460,000 — Sep 23, 2026

32492 355th Avenue is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 32492 355th Avenue

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 Coldwell Banker Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7124207 · Data refreshed September 28, 2026

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Frequently Asked Questions About 32492 355th Avenue

Is $460,000 a good price for a home in Aitkin?
According to BuyPulse, 32492 355th Avenue rates Fair Market Value — at $231/sqft it's priced 6% above the typical Aitkin single-family home of $217/sqft. Its negotiating-position score is 82/100 (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 32492 355th Avenue have a basement?
Yes, 32492 355th Avenue has a finished basement with 232 sq ft of below-grade space.
What type of heating and cooling does 32492 355th Avenue have?
32492 355th Avenue has Baseboard, Forced Air heating and None cooling.
Where is 32492 355th Avenue located?
32492 355th Avenue is in Aitkin, MN 56431, in Aitkin County.
Is 32492 355th Avenue still available?
Yes — 32492 355th Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 32492 355th Avenue built?
32492 355th Avenue was built in 1954. It features block, frame construction and a block foundation.
Does 32492 355th Avenue have main-floor laundry?
No — the laundry at 32492 355th Avenue is in the lower level.
How walkable is 32492 355th Avenue?
32492 355th Avenue has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 25/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 32492 355th Avenue are for sale in Aitkin?
18 similar homes (single-family homes between $345K and $575K 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, 11:24 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.

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