40687 340th Lane, Aitkin, MN 56431
3 Beds | 2 Baths | 1,760 Sq Ft | Single Family Home | MLS# 7129715
Price Drop on M Markdowns — was $574,900 (↓ $35,000)
Is 40687 340th Lane a Good Deal?
BuyPulse Verdict
Premium Pricing
At $307/sqft — This home is priced 11% above the typical Aitkin single-family home of $278/sqft.
Powered by the Realgorithm™ — 56 active Aitkin listings · NorthstarMLS
$3,204/month Estimated
- Principal & interest
- $2,730
- Property taxes
- $159
- Home insurance (est.)
- $315
- HOA dues
- None
20% down ($107,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Deciding Week · Day 6 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
About This Home
Tucked away on 5.3 acres, this like-new 2023-built home offers the privacy buyers dream of without sacrificing convenience. Inside, 3 bedrooms and 2 baths flow beneath dramatic lofted ceilings, creating a bright, spacious feel. The slab-on-grade design means low-maintenance living, while the massive 4-stall garage offers space for vehicles, equipment, workshop space, or all three. Mature landscaping and a paved approach complete this true acreage retreat — space, privacy, and quality construction with none of the compromise.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $405K and $675K 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
- Property Type
- Single Family
- Year Built
- 2023
- Above Grade
- 1,760 sq ft
- Lot Size
- 5.03 acres
- Garage
- 4-car (Attached Garage)
- Heating
- Forced Air, Heat Pump, Humidifier
- Cooling
- Central Air, Heat Pump
- Sewer
- Mound Septic, Septic System Compliant - Yes
- Water
- 4-Inch Submersible, Drilled
- Annual Taxes
- $1,906
- County
- Aitkin
- Days on Market
- 4
40687 340th Lane is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 40687 340th 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 eXp Realty · Shown by Modern Market REALTORS®
Buying a home in Aitkin? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7129715 · Data refreshed August 29, 2026
Similar Homes for Sale Near 40687 340th Lane, Aitkin, MN
Frequently Asked Questions About 40687 340th Lane
- Is $539,900 a good price for a home in Aitkin?
- According to BuyPulse, 40687 340th Lane rates Premium Pricing — at $307/sqft it's priced 11% above the typical Aitkin single-family home of $278/sqft. Powered by the Realgorithm™. Browse Aitkin homes for sale to compare.
- What type of heating and cooling does 40687 340th Lane have?
- 40687 340th Lane has Forced Air, Heat Pump, Humidifier heating and Central Air, Heat Pump cooling.
- Where is 40687 340th Lane located?
- 40687 340th Lane is in Aitkin, MN 56431, in Aitkin County.
- Is 40687 340th Lane still available?
- Yes — 40687 340th Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 40687 340th Lane built?
- 40687 340th Lane was built in 2023. It features a slab foundation.
- How walkable is 40687 340th Lane?
- 40687 340th Lane has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 18/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 40687 340th Lane are for sale in Aitkin?
- 14 similar homes (single-family homes between $405K and $675K 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.