1988 single family home for sale at 16231 328th Avenue in Isle, MN — 2 bed, 1 bath (photo 1 of 51)

16231 328th Avenue, Isle, MN 56342

2 Beds | 1 Bath | 816 Sq Ft | Single Family Home | MLS# 7135748Lakefront on Mille Lacs Lake · 128,251 acres · 42 ft deep

Price Drop on M Markdowns — was $440,800 (↓ $55,800)

$385,000

$2,582/month Estimated

Principal & interest
$2,099
Property taxes
$258
Home insurance (est.)
$225
HOA dues
None

20% down ($77,000) · 30-yr fixed, 7.24%

Try our home affordability calculator

Estimates only; confirm before you offer.

Isle, MN Active

About This Home

Quintessential Mille Lacs Lake, log cabin in Aitkin County, sits on a spacious 0.78-acre lot with 89 feet of sandy Mille Lacs lakeshore. This one-level 816 sq ft, 2-bed, 1-bath home includes two garages (20x22 and 16x24, both with concrete floors), two woodsheds, and a 33x10 lakeside deck. Dock and boat lift are included. Property is being sold as-is and includes all items on site, including all tools.

BuyPulse · Live market read

How 16231 328th Avenue Compares to the Isle Market

At $472/sqft, this home is priced $159/sqft above the typical Isle single-family home of $313/sqft.

The median list price in Isle is $399,900.

Verdict: Premium Pricing

Homes like this one — single-family homes between $289K and $481K in Isle:

  • The field: 3 similar Isle homes for sale — a short list right now.
  • Price cuts: 2 of 3 similar homes have trimmed asking. This one already cut $55,800.
  • Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

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

Key Features

Built
1988
Garage
3-Car Detached
Style
One
HOA
None
Annual Taxes
$3,100 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
816
Lot Size
0.78 acres
Basement
Yes
Roof
Age Over 8 Years, Asphalt, Pitched
Construction
Log
County
Aitkin
List Date
2026-09-05
Days on Market
60 days
Parcel ID
160046403

Financial

Total Tax incl. Assessments
$3,100

Home Systems & Utilities

Heating
Baseboard, Fireplace(s)
Cooling
Wall Unit(s)
Electric
Circuit Breakers, Service - 60 Amp
Water
Drilled, Private, Well
Sewer
Private Sewer, Tank with Drainage Field
Appliances
Electric Water Heater, Range, Refrigerator

Interior Features

Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
816 sqft
Total Building Area
816 sqft

Exterior Features

Exterior Features
Log
Pool
Yes
Fenced Area
Yes
Other Structures
Storage Shed
View
Bay, Lake, West
Accessibility Features
None

Parking & Garage

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

Lot & Land

Lot Features
Tree Coverage - Medium
Road Surface
County Road, Paved Streets
Zoning Description
Residential-Single Family

Waterfront

Waterfront
Yes
Lake
Mille Lacs
Lake Acres
128250.53 acres
Lake Depth
42 ft

Agent & Office

List Office
Keller Williams Realty Professionals

Price History

  • Price reduced to $385,000 — Oct 14, 2026

16231 328th Avenue is listed in Isle, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 16231 328th Avenue

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Isle real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Keller Williams Realty Professionals · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7135748 · Updated October 14, 2026

Similar Homes for Sale Near 16231 328th Avenue, Isle, MN

See all homes for sale in Isle, MN →

Frequently Asked Questions About 16231 328th Avenue

Is $385,000 a good price for a home in Isle?
According to BuyPulse, 16231 328th Avenue rates Premium Pricing — at $472/sqft it's priced 51% above the typical Isle single-family home of $313/sqft. Powered by the Realgorithm™. Browse Isle homes for sale to compare.
Does 16231 328th Avenue have a basement?
Yes, 16231 328th Avenue has a basement.
What type of heating and cooling does 16231 328th Avenue have?
16231 328th Avenue has Baseboard, Fireplace(s) heating and Wall Unit(s) cooling.
Where is 16231 328th Avenue located?
16231 328th Avenue is in Isle, MN 56342, in Aitkin County.
Is 16231 328th Avenue still available?
Yes — 16231 328th Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 16231 328th Avenue built?
16231 328th Avenue was built in 1988. It features log construction and a block foundation.
How many homes like 16231 328th Avenue are for sale in Isle?
3 similar homes (single-family homes between $289K and $481K in Isle) are for sale right now — a short list right now.
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 Isle area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/04/2026, 12:11 PM CST. 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.