1977 single family home for sale at 40257 Aerovilla Rd in Perham, MN — 3 bed, 3 bath (photo 1 of 67)

40257 Aerovilla Rd, Perham, MN 56573

Just Listed — listed October 13, 2026 · M Premiere

3 Beds | 3 Baths | 2,976 Sq Ft | Single Family Home | MLS# 7145956

$675,000

Is 40257 Aerovilla Rd a Good Deal?

BuyPulse Verdict

Premium Pricing

At $227/sqft — This home is priced 25% above the typical Perham single-family home of $181/sqft.

Powered by the Realgorithm™ — 40 active Perham listings · NorthstarMLS

$4,207/month Estimated

Principal & interest
$3,413
Property taxes
$363
Home insurance (est.)
$394
Special assessments
$37
HOA dues
None

20% down ($135,000) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Perham, MN Active

Located in Aerovilla, Perham, MN.

About This Home

PRIVATE LAKEFRONT RETREAT ON DEVILS LAKE! Set along a quiet Dead-End Road, this Remarkable Property offers a Beautifully Wooded 0.95-Acre Lot with 153 ft. of Sugar-Sand Beach & Hard-Sand Bottom Shoreline on the Crystal-Clear Waters of Devils Lake. Mature Trees provide Natural Shade & Privacy, while over 1,800 SqFt of Wrap-Around Deck creates an exceptional space to entertain, unwind, and take in Sweeping Lake Views. Inside, the Open Floorplan offers 3 Beds, 3 Baths, and a sprawling 2,976 SqFt across Two Finished Levels. The Main Level features an Owner’s Suite with an Ensuite Bath, a dedicated Home Office, and a spacious Sunken Living Room highlighted by a Masonry Wood-Burning Fireplace. Downstairs, the Fully Finished Walk-Out Basement adds a Kitchenette, Full Bath, Additional Sleeping Space, and a second Sunken Living Room. With separate gathering areas on both levels, the layout offers excellent flexibility for hosting guests and family while giving everyone room to spread out. Move-In Ready for immediate enjoyment, the home’s Spacious Floorplan & Generous Lot Size also offer an exciting opportunity for anyone envisioning a Luxury Renovation. Whether you’re searching for a peaceful place to retire or a lake retreat to make your own, this property brings together the Space, Privacy, and Potential to bring your vision to life.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $506K and $844K in Perham:

  • The field: 8 similar Perham homes for sale — a short list right now.

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

Key Features

Built
1977
Garage
2-Car Attached
Style
One
HOA
None
Annual Taxes
$4,350.1 (2026)
Specials/yr
$444

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,488
Below Grade Sq Ft
1,488
Lot Size
0.95 acres
Basement
Yes
Roof
Age 8 Years or Less, Asphalt
Construction
Brick, Concrete, Frame
County
Otter Tail
List Date
2026-10-13
Days on Market
0 days
Parcel ID
51000990309001

Financial

Total Tax incl. Assessments
$4,794
Specials Pending
No

Home Systems & Utilities

Heating
Baseboard, Dual Fuel/Off Peak, Forced Air, Fireplace(s), Heat Pump, Wood Stove
Cooling
Central Air
Electric
200+ Amp Service
Water
Drilled, Private, Well
Sewer
Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
Appliances
Dryer, Electric Water Heater, Fuel Tank - Rented, Water Filtration System, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Interior Features

Laundry
Lower Level, Laundry Room, Sink
Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
1,488 sqft
Total Building Area
2,976 sqft

Exterior Features

Exterior Features
Stone, Vinyl
Other Structures
Storage Shed
View
Lake, North
Accessibility Features
Other

Parking & Garage

Parking Features
Attached Garage, Asphalt, Storage

Lot & Land

Lot Features
Accessible Shoreline
Topography
High Ground,Level,Wooded
Road Surface
No Outlet/Dead End, Paved Streets, Township
Wooded Area
0.5 acres
Zoning Description
Shoreline,Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
Jack Chivers Realty

Price History

Listed at $675,000 on Oct 13, 2026 — No price changes

40257 Aerovilla Rd is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 40257 Aerovilla Rd

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by Jack Chivers Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7145956 · Data refreshed October 13, 2026

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Frequently Asked Questions About 40257 Aerovilla Rd

Is $675,000 a good price for a home in Perham?
According to BuyPulse, 40257 Aerovilla Rd rates Premium Pricing — at $227/sqft it's priced 25% above the typical Perham single-family home of $181/sqft. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
What are the special assessments at 40257 Aerovilla Rd — and what do they mean?
This property has $444/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $4,350.1/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

Does 40257 Aerovilla Rd have a basement?
Yes, 40257 Aerovilla Rd has a finished basement with 1,488 sq ft of below-grade space.
What type of heating and cooling does 40257 Aerovilla Rd have?
40257 Aerovilla Rd has Baseboard, Dual Fuel/Off Peak, Forced Air, Fireplace(s), Heat Pump, Wood Stove heating and Central Air cooling.
Where is 40257 Aerovilla Rd located?
40257 Aerovilla Rd is in the Aerovilla neighborhood of Perham, MN 56573, in Otter Tail County.
Is 40257 Aerovilla Rd still available?
Yes — 40257 Aerovilla Rd is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 40257 Aerovilla Rd built?
40257 Aerovilla Rd was built in 1977. It features brick, concrete, frame construction and a block foundation.
Does 40257 Aerovilla Rd have main-floor laundry?
No — the laundry at 40257 Aerovilla Rd is in the lower level.
How many homes like 40257 Aerovilla Rd are for sale in Perham?
8 similar homes (single-family homes between $506K and $844K in Perham) are for sale right now — a short list right now.
What does "M Premiere" mean?
M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
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

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 7:59 PM 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.