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Lila Petersen

lilaraepetersen@gmail.com +1(414) 881-0072

$ 1,500,000

Est. payment -/mo

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33259 State Highway 18 Aitkin, MN 56431

5 Beds

5 Baths

4,018 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,018 sqft

Price per Sqft $373

Subdivision Galawarneau On Mille Lacs

MLS Listing ID 7171626

Bedrooms 5

Full Baths 4

Half Baths 1

Year Built 2014

Annual Tax Amount $4,192

Tax Year 2026

Contingent None

Lot Size 1.000 Acres

Lot Dimensions 125x360x125x350

Property Sub-Type Single Family

Property Description

Rare Mille Lacs Lake opportunity! Own two neighboring lakefront properties offered together for a combined asking price of $1,500,000, located at 33259 and 33243 State Highway 18 in Aitkin, MN. Featuring 210 feet of combined Mille Lacs Lake shoreline, 9 bedrooms, 8 bathrooms, two main homes, additional guest accommodations, and multiple garages and substantial shop buildings, this unique property package offers endless possibilities. The first property, located at 33259 State Highway 18, is an impressive luxury lakefront estate featuring 5 bedrooms, 5 bathrooms, and 125 feet of premier shoreline, with stunning panoramic lake views from nearly every room. The home offers an expansive lakeside deck perfect for relaxing and entertaining, energy-efficient geothermal heating, full spray-foam insulation, and remarkably low average winter heating costs of approximately $75 per month. Additional features include a 24' × 36' heated detached garage, a 30' × 40' heated and insulated shop/storage building, and a boat ramp right in the backyard with a garage located at the water's edge. The neighboring property at 33243 State Highway 18 sits on approximately 0.8 acres and features 85 feet of Mille Lacs Lake frontage, a 3-bedroom, 2-bathroom main home, and separate 1-bedroom, 1-bathroom guest quarters above the detached garage. This property also includes a massive 36' × 64' pole building, detached garage, beautiful panoramic lake views, a sandy lake bottom, paved road access, and no HOA. The additional guest quarters provide excellent flexibility for visiting family, overnight guests, a private office, or potential rental opportunities, subject to local requirements. Together, these two properties create an exceptional opportunity for a private family compound, multigenerational living, a vacation retreat, potential rental income, or even a home base for a construction, landscaping, or other business. Enjoy the convenience of two homes, additional guest accommodations, extensive shop and storage space, and room for boats, trailers, RVs, equipment, and recreational toys, all while taking in the beauty of Mille Lacs Lake. Opportunities to purchase two neighboring lakefront properties with this much shoreline, living space, and storage are truly hard to find. Both properties are offered together for $1,500,000. Contract for Deed financing may be considered for qualified purchasers. Two properties, 210 feet of shoreline, and one incredible opportunity!

Location

State MN

County Aitkin

Zoning Shoreline,Residential-Single Family

Body of Water Mille Lacs

Lake Name Mille Lacs

Rooms

Basement Block, Egress Window(s), Finished, Full

Dining Room Eat In Kitchen, Kitchen/Dining Room

Interior

Heating Forced Air, Geothermal, Wood Stove

Cooling Central Air, Geothermal

Fireplaces Number 1

Fireplace Yes

Appliance Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator

Laundry Laundry Room, Main Level

Exterior

Parking Features Attached Garage, Detached Garage, Heated Garage, Insulated Garage, Multiple Garages

Garage Spaces 6.0

Fence None

Pool None

Waterfront Description Dock,Lake Front,Lake View

View Lake, Panoramic, South, West

Road Frontage N

Building

Lot Description Tree Coverage - Light

Story One

Foundation 2068

Sewer Private Sewer, Tank with Drainage Field

Water 4-Inch Submersible, Private

Level or Stories One

Structure Type Block,Concrete

New Construction false

Schools

School District Aitkin

Listed by Jeffrey Hagel • Jeff Hagel

Nearby Locations

Lila Petersen

Agent License ID: 114467-94

+1(414) 881-0072

Lila Petersen

33259 State Highway 18 Aitkin, MN 56431

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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33259 State Highway 18