Date
Details
Price
Change
Source
9/16/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$899,000
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Property Description
What an opportunity to own this piece of paradise. A unique one owner property that is truly like no other! Boating, fishing, hunting and recreation along with an abundance of wildlife right out your front door. Ideal for year-round enjoyment from kayaking in the summer to snowmobiling in the winter. Nestled on 31 acres of heavily wood land with approx. 150' level lakeshore on Hanging Kettle Lake and over 1400' of frontage on the Ripple River, it offers a rare blend of privacy, recreation, and comfort only minutes from downtown Aitkin. 3-bedroom 3 bath country home with an open floor plan, offering vaulted ceilings, hardwood flooring, main floor laundry-mudroom convenience, office-sunroom, eat in kitchen with huge walk-in pantry, separate dining area and a gorgeous living room with a wall of windows showcasing stunning lake views, primary bedroom with double closets and a full bathroom. Upstairs loft with 2 bedrooms, large closets and a ¾ bathroom. Basement includes a family room with a wood burning fireplace, wet bar and bonus room, utility room, ample storage throughout and a 3-season porch. Enjoy the southern exposure from your lake facing deck overlooking a meticulously cared for and landscaped yard. 2+ stall insulated and heated garage with upper storage, workshop area and has a floor drain, plus a 30 x 40 pole building with a concrete floor, electricity, upper storage shelving and plenty of room for larger equipment. Off peak electric basement in floor heating, mini split A/C & heat, wood burning fireplace & a heat & glo gas fireplace, newer on demand hot water baseboard boiler. This property is clearly designed for year-round enjoyment and offers a lifestyle that balances rustic charm with modern amenities.
Full Property Details
Full Property Details for 40559 321st Ln
General
- Price: $899,000
- Taxes: $4,412 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 6789522
- Updated: 9/16/2025
- Added to Site: 123 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Gas, Living Room, Wood-Burning
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Fuel Tank - Rented, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Breakfast Bar, Kitchen/Dining Room
- Formal Dining Room: Breakfast Bar, Kitchen/Dining Room
Additional Information
- Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Multiple Phone Lines, Natural Woodwork, Porch, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar
Exterior
- Porch/Patio/Deck: Deck, Front Porch, Screened, Wrap Around
Parking
- Garage: Yes
- Garage Description: 24 x 36
- Garage Spaces: 2
- Parking Features: Detached, Gravel, Electric, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Location
- County: Aitkin
- Driving Directions: From downtown Aitkin take Deer Street (County Road 12) approx. 2 miles then right on Oak Ave (County Road 39) follow approx. 1 mile then right on 321st Lane property on both sides of gravel road.
School Information
- School District: 8001 - Aitkin
- High School District: Aitkin
Heating & Cooling
- Cooling Type: Ductless Mini-Split
- Heating Type: Baseboard, Boiler, Ductless Mini-Split, Dual, Fireplace(s), Radiant Floor
- Heating Fuel: Electric, Propane, Wood
Utilities
- Sewer: Private Sewer, Tank with Drainage Field
- Water: Drilled, Well
Structural Information
- Exterior Const.: Log Siding
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Drain Tiles, Egress Window(s), Finished, Full, Storage Space, Walk-Out
- Foundation Size: 1520
- Roof: Age Over 8 Years, Asphalt
- Disability Access: None
- Square Feet: 3,715
- Above Ground: 2,195 Sq. Ft.
- Below Ground: 1,520 Sq. Ft.
- Finished Down/Base.: 3,715 Sq. Ft.
- Year Built: 1992
Additional Structures
- Other Structures: Pole Building
Lot Features
- Lot Size (Acres): 31.1
- Lot Dimensions: 415 x 66 x 147 x 144 x 222 x 215 x 1160 x 957 x 1424 x 168 x 335 x 150
- Frontage: Private Road, Township
- Zoning: Shoreline, Residential-Single Family
- Lot Description: Many Trees
Water Features
- Water Front: Yes
- Water Front Name: Hanging Kettle
- Water Front Desc.: Lakefront, River View
- Water Front Feet: 150
- Water Front Elev.: 0-4
- Water Front Slope: Level
- Water Front Num: 1017000
- Lake Front: Yes
- Lake Acres: 320
- Lake Bottom: Hard, Undeveloped, Weeds
- Lake Depth: 35
Financial Considerations
- Tax Amount: $4,412
- Tax Year: 2025
- Terms: Conventional, VA, Cash
Disclosures and Reports
- Legal Description: 13.00 AC OF NE SW & 3.90 AC OF LOT 2 & E 690 FT OF NW SE LESS .59 AC
- Property ID: 70026205
Listed by Cummings Janzen Realty, Inc
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Listing agents
— 40559 321st Ln —
Cummings Janzen Realty, Inc
NMLS#: 1598647
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Schools
Schools serving 40559 321st Ln
School District:Aitkin Public School District
| Name | Grades | Distance |
|---|---|---|
Rippleside Elementary School 225 2nd Avenue Southwest, Aitkin, MN 56431 | PK-6 | 3.5 mi |
Aitkin Secondary School 306 2nd Street Northwest, Aitkin, MN 56431 | 7-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40559 321st Ln
Tax History
Tax History for 40559 321st Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,412
2%
$841,100
-2%
2024
$4,338
14%
$861,500
2%
2023
$3,822
—
$844,700
18%
2022
$3,810
12%
$717,400
27%
2021
$3,406
1%
$563,900
8%
2020
$3,356
6%
$521,200
7%
2019
$3,170
11%
$488,000
8%
2018
$2,866
16%
$451,200
9%
2017
$2,478
-5%
$414,000
—
2016
$2,598
—
$414,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40559 321st Ln
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40559 321st Lane, Aitkin, MN 56431 (MLS# 6789522) is a Single Family property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 40559 321st Lane is currently listed for $899,000 and was received on September 16, 2025. Want to learn more about 40559 321st Lane? Do you have questions about finding other Single Family real estate for sale in Aitkin? You can browse all Aitkin real estate or contact a Coldwell Banker agent to request more information.