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ActivePrice cut: $35K (10/5)
$439,900
3beds
1,760sqft

40687 340th Ln, Aitkin, MN 56431

3beds
1,760sqft
Single Family
Built in 2023
5.03 Acres Lot
$250/sqft

What's special

Tucked away on 5.3 acres, this like-new 2023-built home offers the privacy buyers dream of without sacrificing convenience. Inside, 3 bedrooms and 2 baths flow beneath dramatic lofted ceilings, creating a bright, spacious feel. The slab-on-grade design means low-maintenance living, while the massive 4-stall garage offers space for vehicles, equipment, workshop space, or all three. Mature landscaping and a paved approach complete this true acreage retreat — space, privacy, and quality construction with none of the compromise.

51 days
396
17
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7129715MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Chad Schwendeman 218-831-4663,

eXp Realty,

Samuel E Harmon 701-238-8984

Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7129715MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
Bedroom
  • Level: Main
  • Area: 221 Square Feet
  • Dimensions: 17x13
Bedroom 2
  • Level: Main
  • Area: 120 Square Feet
  • Dimensions: 10x12
Bedroom 3
  • Level: Main
  • Area: 108 Square Feet
  • Dimensions: 12x9
Bathroom
  • Level: Main
  • Area: 84 Square Feet
  • Dimensions: 14x6
Bathroom
  • Level: Main
  • Area: 40 Square Feet
  • Dimensions: 5x8
Dining room
  • Level: Main
  • Area: 182 Square Feet
  • Dimensions: 14x13
Kitchen
  • Level: Main
  • Area: 165 Square Feet
  • Dimensions: 11x15
Laundry
  • Level: Main
  • Area: 135 Square Feet
  • Dimensions: 15x9
Living room
  • Level: Main
  • Area: 368 Square Feet
  • Dimensions: 23x16
Mud room
  • Level: Main
  • Area: 96 Square Feet
  • Dimensions: 12x8
Storage
  • Level: Main
  • Area: 50 Square Feet
  • Dimensions: 10x5
Walk in closet
  • Level: Main
  • Area: 68 Square Feet
  • Dimensions: 17x4
Heating
  • Forced Air, Heat Pump
Cooling
  • Central Air, Heat Pump
Features
  • Basement: None
  • Has fireplace: No
Interior area
  • Total structure area: 3,360
  • Total interior livable area: 1,760 sqft
  • Finished area above ground: 1,760
  • Finished area below ground: 0

Property

Parking
  • Total spaces: 4
  • Parking features: Attached
  • Attached garage spaces: 4
  • Details: Garage Dimensions (40x40)
Accessibility
  • Accessibility features: None
Features
  • Levels: One
  • Stories: 1
Lot
  • Size: 5.03 Acres
  • Dimensions: 3,900 ft × 1,320 ft × IRR
Details
  • Foundation area: 3360
  • Parcel number: 070000600
  • Zoning description: Residential-Single Family

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family
Condition
  • New construction: No
  • Year built: 2023

Utilities & green energy

  • Gas: Propane
  • Sewer: Mound Septic, Septic System Compliant - Yes
  • Water: 4-Inch Submersible, Drilled

Community & HOA

HOA
  • Has HOA: No
Location
  • Region: Aitkin

Financial & listing details

  • Price per square foot: $250/sqft
  • Tax assessed value: $643,163
  • Annual tax amount: $1,906
  • Date on market: 8/24/2026

Price history

DateEventPrice
10/5/2026Price change$439,900-7.4%$250/sqft
Source: NorthstarMLS as distributed by MLS GRID #7129715 Report a problem
9/23/2026Price change$474,900-5%$270/sqft
Source: NorthstarMLS as distributed by MLS GRID #7129715 Report a problem
9/10/2026Price change$499,900-7.4%$284/sqft
Source: NorthstarMLS as distributed by MLS GRID #7129715 Report a problem
8/29/2026Listed for sale$539,900$307/sqft
Source: NorthstarMLS as distributed by MLS GRID #7129715 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$1,666 $643,163 +3.5%
2024-- $621,236 +266%
2023$398 +1%$169,741 -0.7%
2022$394 -6.6%$170,922 +31.7%
2021$422 -5%$129,830 -9.5%
2020$444 -4.3%$143,400
2019$464 +0.9%$143,400 -1.8%
2018$460 +10.6%$146,000 +0.8%
2017$416 +5.1%$144,800 +6.4%
2016$396 +6.5%$136,100 +10.5%
2014$372 $123,200
Find assessor info on the county website

Monthly payment

Est. payment
$2,644/mo
Principal & interest
$2435
Property taxes
$209
More affordability toolsChevron Right

Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 56431

Nearby schools

Rippleside Elementary School
Grades PK-6 • 2 miles
8/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
8/10
Aitkin Secondary School
Grades 7-12 • 2.4 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
College Readiness Rating
7/10