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 $474,900 (↓ $35,000)
Is 40687 340th Lane a Good Deal?
BuyPulse Verdict
Premium Pricing
At $250/sqft — This home is priced 15% above the typical Aitkin single-family home of $217/sqft.
Your Negotiating Position
88 — Strong buyer leverage
Day 50 — Aitkin homes overall typically go under contract by day ~14. This one is past that window.
21 similar homes for sale — alternatives if they won't move.
This seller already cut $35,000 — motivation showing.
Powered by the Realgorithm™ — 58 active Aitkin listings · NorthstarMLS
$2,640/month Estimated
- Principal & interest
- $2,224
- Property taxes
- $159
- Home insurance (est.)
- $257
- HOA dues
- None
20% down ($87,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
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 $330K and $550K in Aitkin:
- The field: 21 similar Aitkin homes for sale — you have options.
Powered by the Realgorithm™ — real Aitkin closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2023
- Garage
- 4-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $1,906 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,760
- Lot Size
- 5.03 acres
- Basement
- No
- County
- Aitkin
- List Date
- 2026-08-24
- Days on Market
- 50 days
- Parcel ID
- 070000600
Financial
- Total Tax incl. Assessments
- $1,906
Home Systems & Utilities
- Heating
- Forced Air, Heat Pump, Humidity Control
- Cooling
- Central Air, Heat Pump
- Water
- 4-Inch Submersible, Drilled
- Sewer
- Mound Septic, Septic System Compliant - Yes
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 3,360 sqft
- Total Building Area
- 3,360 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- eXp Realty
Price History
Reduced $100,000 (18.5%)
- Price reduced to $539,900 — Aug 28, 2026
- Price reduced to $499,900 — Sep 10, 2026
- Price reduced to $474,900 — Sep 23, 2026
- Price reduced to $439,900 — Oct 5, 2026
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
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®
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View Full Listing & PhotosMLS# 7129715 · Data refreshed October 5, 2026
Similar Homes for Sale Near 40687 340th Lane, Aitkin, MN
Frequently Asked Questions About 40687 340th Lane
- Is $439,900 a good price for a home in Aitkin?
- According to BuyPulse, 40687 340th Lane rates Premium Pricing — at $250/sqft it's priced 15% 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.
- What type of heating and cooling does 40687 340th Lane have?
- 40687 340th Lane has Forced Air, Heat Pump, Humidity Control 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?
- 21 similar homes (single-family homes between $330K and $550K 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 10/13/2026, 10:29 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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