One thing for sure about Aitkin County lake homes, cabins and lakeshore properties- they are affordable. This northern Minnesota county boasts about 400 lakes, mostly with sand or gravel bottoms, only about 16,000 people, but many, many more fish, especially the walleyes found in Lake Mille Lacs and Farm Island Lake. At the time of this post,* there is a huge selection of 202 Aitkin County cabins and lake home listings that range anywhere from 50K to 850K, and at an average asking price of only $265,525.
Cheapest lakeshore real estate in Aitkin Co:
Foreclosed Atkin County MN Lakeshore Properties
Foreclosed lakeshore properties and Aitkin County cabins that short sales listings account for some of these low prices, but there are fewer distressed cabin and waterfront listings than what you would expect. There are a handful of bank owned properties on Lake Wakenabo, Sunset Lake in Crosby Ironton in Farm Island Township, Big Sandy Lake cabins in Mcgregor, or Aitkin County lake cabins in Wealthwood Township with lakeshore frontage on Mille Lacs Lake. Sometimes these banks are even willing to unoad these lakeshore properties and cabins with contract-for-deed financing.
Short Sale Aitkin County Lake Home Listings
Potential short sales of vacation homes and cabins can be found on Vanuse Lake, Townline Lake, Thornton Lake, Pine Lake, Minnewawa, Lindgroth, Gun, and Farm Island Lake. Right now, lenders are willing to negotiate on Aitkin County lakeshore, but don’t dawdle, because this market is heating up. If you are looking for a Northern MN Cabin, this is the time to buy.
*Posted May 6th, 2012. Northstar MLS data.
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- aitkin mn lakeshore for sale contract for dee