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Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,568 sqft
Price per Sqft $302
Subdivision Elm Island Add
MLS Listing ID 7029583
Bedrooms 3
Half Baths 1
Three Quarter Bath 1
Year Built 1968
Annual Tax Amount $2,556
Tax Year 2025
Lot Size 0.793 Acres
Property Sub-Type Single Family
Property Description
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.
Location
State MN
County Aitkin
Zoning Residential-Single Family
Rooms
Dining Room Kitchen/Dining Room, Living/Dining Room
Interior
Heating Forced Air, Fireplace(s)
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Electric
Laundry Main Level
Exterior
Parking Features Attached Garage
Garage Spaces 2.0
Fence None
Waterfront Description Lake Front
View Y/N Lake
View Lake
Roof Type Age Over 8 Years
Building
Story One
Foundation 1568
Sewer Septic System Compliant - Yes, Tank with Drainage Field
Water Drilled
Structure Type Log
New Construction false
Schools
School District Aitkin
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