1965 single family home for sale at 40717 320th Lane in Aitkin, MN — 2 bed, 1 bath (photo 1 of 40)

40717 320th Lane, Aitkin, MN 56431

2 Beds | 1 Bath | 804 Sq Ft | Single Family Home | MLS# 7115192

$425,000

Is 40717 320th Lane a Good Deal?

BuyPulse Verdict

Premium Pricing

At $529/sqft — This home is priced 144% above the typical Aitkin single-family home of $217/sqft.

Your Negotiating Position

80 — Strong buyer leverage

Day 81 — Aitkin homes overall typically go under contract by day ~14. This one is past that window.

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

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

$2,413/month Estimated

Principal & interest
$2,149
Property taxes
$16
Home insurance (est.)
$248
HOA dues
None

20% down ($85,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Aitkin, MN Active

About This Home

You will feel as though you're floating above the water in the screen porch at the water's edge of this year around 2-bedroom, 1 bath home on Hanging Kettle Lake in Aitkin. There have been nice updates in the last 10 years including a beautiful kitchen with an abundance of Hickory cabinets, stainless-steel appliances and a 5-burner gas stove. The large counter seats 5 and is low enough for comfortable seating and will work great for food prep, baking and serving meals. The renovated bathroom has a step in glass and tile shower with an amazing shower head that looks and feels like you are in a high-end hotel. The .93 acre lot has space for guests, games, dining and relaxing, especially the side patio with a fire ring that is just steps away from the lake. The garages, pole building and shed total over 2,300 sq feet so you will never have to worry about storing your boats, vehicles and toys. The seller will graciously leave the home furnished so you can start enjoying the lake right away. Also included are the dock, lift, paddle boat, and small fishing boat. Hanging Kettle connects to Diamond and Ripples Lakes for a larger lake experience!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $319K and $531K in Aitkin:

  • The field: 22 similar Aitkin homes for sale — you have options.

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

Key Features

Built
1965
Garage
6-Car Detached
Style
One
HOA
None
Annual Taxes
$190 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
804
Lot Size
0.93 acres
Basement
Yes
Roof
Age Over 8 Years
Construction
Frame
County
Aitkin
List Date
2026-07-24
Days on Market
81 days
Parcel ID
070026901

Financial

Total Tax incl. Assessments
$190

Home Systems & Utilities

Heating
Forced Air, In-Floor Heating
Cooling
Central Air
Water
4-Inch Submersible, Drilled, Well
Sewer
Septic System Compliant - Yes, Tank with Drainage Field
Appliances
Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Fuel Tank - Owned, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Interior Features

Laundry
Electric Dryer Hookup, Laundry Closet, Washer Hookup

Construction & Exterior

Construction & Structure

Foundation Type
None
Foundation Area
804 sqft
Total Building Area
804 sqft

Exterior Features

Exterior Features
Metal
Pool
Yes
Other Structures
Pole Building, Storage Shed
View
Lake
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage, Gravel, Electric, Garage Door Opener

Lot & Land

Lot Features
Tree Coverage - Medium
Road Surface
Township
Zoning Description
Shoreline

Waterfront

Waterfront
Yes

Agent & Office

List Office
Edina Realty, Inc.

Price History

Listed at $425,000 on Jul 24, 2026 — No price changes

40717 320th Lane is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 40717 320th 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 Edina Realty, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7115192 · Data refreshed August 17, 2026

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Frequently Asked Questions About 40717 320th Lane

Is $425,000 a good price for a home in Aitkin?
According to BuyPulse, 40717 320th Lane rates Premium Pricing — at $529/sqft it's priced 144% above the typical Aitkin single-family home of $217/sqft. Its negotiating-position score is 80/100 (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 40717 320th Lane have a basement?
Yes, 40717 320th Lane has a basement.
What type of heating and cooling does 40717 320th Lane have?
40717 320th Lane has Forced Air, In-Floor Heating and Central Air cooling.
Where is 40717 320th Lane located?
40717 320th Lane is in Aitkin, MN 56431, in Aitkin County.
Is 40717 320th Lane still available?
Yes — 40717 320th Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 40717 320th Lane built?
40717 320th Lane was built in 1965. It features frame construction and a none foundation.
How walkable is 40717 320th Lane?
40717 320th Lane 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 40717 320th Lane are for sale in Aitkin?
22 similar homes (single-family homes between $319K and $531K in Aitkin) are for sale right now — you have options.
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, 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.

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.