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31519 374th Place, 
Aitkin, MN 56431

$495,000

3

Beds

2

Baths

1,568

Sq Ft

Single Family

Active

Listed by

Halie Majerus

Woods To Water Real Estate

218-961-1005

Last updated:

May 27, 2026, 12:10 PM

MLS#

7029583

Source:

NSMLS

About This Home

31519 374th Place

Year-round lake home on sought-after Elm Island Lake offering the perfect blend of personal retreat and investment potential. Enjoy beautiful lake views, great fishing, boating, and the peaceful Up North lifestyle in this waterfront property featuring a home + bunkhouse setup. The main home includes a cozy family room and sunporch, both with fireplaces, creating warm gathering spaces after a day on the lake. Large windows bring in natural light and showcase the water views. A separate lakeside bunkhouse offers flexibility with 2 bedrooms, 1 bathroom, a private kitchen, and electricity ideal for guests, multi-generational living, or potential Airbnb/VRBO use. Sellers have already completed the process of obtaining a Short-Term Rental (STR) license, creating a rare turnkey opportunity for buyers seeking rental income, a vacation home, or a year-round Minnesota lake property. Included is all the furniture and dock.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1968

Price Summary

495,000

$315 per Sq. Ft.

MLS #:

7029583

Last Updated:

May 27, 2026, 12:10 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,568 Sq. Ft.

Structure

Structure

Building Area:

1,568 Sq. Ft.

Year Built:

1968

Lot

Lot Size (Sq. Ft):

34,543

Finances & Disclosures

Finances

Price:

$495,000

Price per Sq. Ft:

$315 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.