1963 single family home for sale at 40299 302nd Lane in Aitkin, MN — 3 bed, 2 bath (photo 1 of 125)

40299 302nd Lane, Aitkin, MN 56431

3 Beds | 2 Baths | 2,021 Sq Ft | Single Family Home | MLS# 7130930

$875,000

Is 40299 302nd Lane a Good Deal?

BuyPulse Verdict

Premium Pricing

At $433/sqft — This home is priced 65% above the typical Aitkin single-family home of $262/sqft.

Your Negotiating Position

48 — Balanced market

Day 24 — Aitkin homes overall typically go under contract by day ~12. This one is past that window.

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

Powered by the Realgorithm™ — 57 active Aitkin listings · NorthstarMLS

$5,170/month Estimated

Principal & interest
$4,424
Property taxes
$236
Home insurance (est.)
$510
HOA dues
None

20% down ($175,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Aitkin, MN Active

About This Home

Private lake home retreats do exist! Welcome to a rare Spirit Lake property offering 5 private acres and approximately 900 feet of shoreline. This quality, exceptionally well-maintained home was completely remodeled in 2005 and combines comfortable year-round living with inviting indoor and outdoor spaces designed to enjoy the lake, the landscape, and the peaceful setting. This home features welcoming living spaces, including a spacious kitchen, informal dining, sunroom with free-standing gas fireplace, comfortable living room with quality built-in book cases, 2 main floor bedrooms with built-in closets/dressers and one with a Murphy bed, a full bath, and a 3-season front entry porch. The lower level includes a family room for additional gathering space, a bedroom, ¾ bath, laundry, and storage room for everyday convenience. Outdoor living shines with a composite deck, block patio with pergola, landscaped grounds, apple trees, fire pit, included dock, and lakeside stairs. A gravel driveway leads down to the lake, providing easy access to the lakeshore and a convenient place to launch your boat. Storage and workspace are equally impressive with a 22x24 detached garage plus an additional 22x28 detached garage that includes a 13x22 insulated, heated workshop. With a compliant septic system, monitored security system and MLEC fiber internet, this property offers comfort, quality, and the connectivity buyers are looking for in a lake retreat. This is truly a move-in ready property that has been exceptionally well maintained and loved, ready to continue the story and begin the next chapter of memories.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $656K and $1.1M in Aitkin:

  • The field: 3 similar Aitkin homes for sale — a short list right now.

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

Key Features

Property Type
Single Family
Year Built
1963
Above Grade
1,236 sq ft
Below Grade
785 sq ft
Lot Size
5.00 acres
Lot Features
Accessible Shoreline, Tree Coverage - Heavy
Garage
3-car (Detached Garage, Gravel, Electric, Garage Door Opener, Multiple Garages)
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Basement
Finished
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Sewer
Septic System Compliant - Yes, Tank with Drainage Field
Water
Drilled, Private, Well
Annual Taxes
$2,826
County
Aitkin
Days on Market
24

40299 302nd Lane is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 40299 302nd Lane

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 Woods & Shores Real Estate, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7130930 · Data refreshed September 15, 2026

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Frequently Asked Questions About 40299 302nd Lane

Is $875,000 a good price for a home in Aitkin?
According to BuyPulse, 40299 302nd Lane rates Premium Pricing — at $433/sqft it's priced 65% above the typical Aitkin single-family home of $262/sqft. Its negotiating-position score is 48/100 (Balanced market), 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 40299 302nd Lane have a basement?
Yes, 40299 302nd Lane has a finished basement with 785 sq ft of below-grade space.
What type of heating and cooling does 40299 302nd Lane have?
40299 302nd Lane has Forced Air, Fireplace(s) heating and Central Air cooling.
Where is 40299 302nd Lane located?
40299 302nd Lane is in Aitkin, MN 56431, in Aitkin County.
Is 40299 302nd Lane still available?
Yes — 40299 302nd Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 40299 302nd Lane built?
40299 302nd Lane was built in 1963. It features block, frame construction and a block, combination, pillar/post/pier foundation.
Does 40299 302nd Lane have main-floor laundry?
No — the laundry at 40299 302nd Lane is in the lower level.
How many homes like 40299 302nd Lane are for sale in Aitkin?
3 similar homes (single-family homes between $656K and $1.1M in Aitkin) are for sale right now — a short list right now.
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.