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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)
$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%
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Estimates only; confirm before you offer.
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
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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7135748 · Updated October 14, 2026
Similar Homes for Sale Near 16231 328th Avenue, 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.
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.