Redfin is joining Rocket

Discover how we're simplifying your journey home.

$167,000

39793 540th Ave Paynesville, MN 56362

2 beds
1 bath
695 sqft
$240 / sqft
House

Property details

About 39793 540th Ave

Tucked in nature, surrounded by wildlife, and wonderfully located just 90 minutes from the metro area down a winding private road in a natural park-like setting, this two bedroom, one bathroom seasonal cabin comes furnished and ready to enjoy. The west-facing cabin allows for amazing sunset views across the lake. Come check it out, and it will be easy to imagine summer days and evenings filled with swimming, campfires, lawn games, and lake fun! Additionally included are a two-story 10' x 11.5' boathouse on the water's edge with incredible lake views from the porch on the second level and a 10' x 12' garden shed for extra storage. All furnishings, the dock, and the boat lift are included. A large parking area with recently applied crushed concrete provides parking for up to 5 vehicles. This is a very rare property and allows for someone to get onto Lake Koronis at a very reasonable price! PLEASE NOTE: This must be a cash deal. This sale pertains only to the structures on the property. The land is leased. The current lease amount is $7,000 a year. Leases have been done in 5 year increments. Viewings are by appointment only. No drive byes, please...private road. Thanks!

Highlights

Home typeSingle Family Residence
HeatingFireplace(s), Other
StatusSale Pending
(Pending)
CoolingWall Unit(s)
Size695 sqft
Year built1910
ParkingGravel
MLS #6734524
WaterfrontLake Front
FireplaceElectric
ViewOther

Summary

  • Appliances: Microwave, Refrigerator
  • Basement: No
  • Fireplace: Electric
  • Total Bedroom Count: 2
  • Parking: Gravel
  • Waterfront: Lake Front
  • View: Other
  • Heating: Fireplace(s), Other
  • Cooling: Wall Unit(s)
  • List Price: $167,000
  • Price/SqFt: $240
  • HOA Amount: $0
  • Lot: Many Trees
  • Directions: From CSAH 20 turn right onto 540th Ave, it will seem like a driveway, when you get to bottom of the hill turn right onto the private gravel road and cabin will be the first on the left
  • Year Built: 1910
  • Living Area: 695 SqFt
  • MLS Number: 6734524
  • MLS Name: NORTHSTAR
  • Office Name: Your Next Place Real Estate

IDX Broker Reciprocity Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:37:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

6

Paynesville Elementary School

Public District PK-5

4.1 mi

205 W Mill St

7

Eden Valley Elementary School

Public District KG-6

7.2 mi

901 Stearns Ave E

8

Richmond Elementary School

Public District KG-5

12.2 mi

34 2nd St NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,236. The most common annual income of people living in Paynesville, MN is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
61%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

21%
Single, No Kids
6%
Single, with Kids
46%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 39793 540th Ave

The listing price of 39793 540th Ave property is $167,000.

The property 39793 540th Ave is a house located in Paynesville, Minnesota, 56362.

Sale Pending: 39793 540th Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 39793 540th Ave are: Paynesville Elementary School (GreatSchools Rating 6/10), Eden Valley Elementary School (GreatSchools Rating 7/10), Richmond Elementary School (GreatSchools Rating 8/10), Acgc Elementary Grades 5 and 6 (GreatSchools Rating 5/10), New London-Spicer Middle School (GreatSchools Rating 6/10), Litchfield Middle School (GreatSchools Rating 6/10), Paynesville Area High School (GreatSchools Rating 5/10), Eden Valley Secondary School (GreatSchools Rating 7/10), Atwater-Cosmos-Grove City Secondary School (GreatSchools Rating 6/10).

The property at 39793 540th Ave has 2 bedrooms and 1 bathroom.

The property 39793 540th Ave is 695 SqFt (source: MLS/tax record).

The year of construction for 39793 540th Ave is 1910.

This home is located at 39793 540th Ave in Paynesville, MN and zip code 56362. This 695 square foot home was built in 1910. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $167,000.

While more than 4 listings in Paynesville, MN in June 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Paynesville, MN between May and June 2025 decreased by 2.7%. While the average time on the market in June 2025 was 43 days, the median list price was $265,900.

From Rocket Homes Real Estate and based on county public records data.

More resources