
Estimated payment $9,479/month
Highlights
- Hot Property
- Community Boat Slip
- Guest House
- Private Waterfront
- Docks
- Spa
About This Home
Daisy Bay Dream Home on Lake Vermilion – 1.3 Acres, 200' Shoreline, and Endless Charm Welcome to your Lake Vermilion escape! Nestled in the highly sought-after Daisy Bay, this 3-bedroom, 4-bathroom 2-Sauna home sits on 1.3 wooded acres with 200 feet of private shoreline. Lake Vermilion, one of Minnesota’s crown jewels, boasts 39,272.41 acres of sparkling water, depths up to 76 feet, and an impressive 341 miles of shoreline (MN DNR). Arrive in comfort via a paved road and U-shaped driveway offering ample parking for guests. You’ll be greeted by lush, enchanting perennial gardens—carefully cultivated by the current owner over the past 20 years. This home is a true haven for both entertaining and serene lakeside living. Love the lake life? Cast a line from either of the two private docks (both included, along with the boat lift). The charming guest house features skylights and floor-to-ceiling windows, offering a floating-on-the-lake sensation that your visitors will never forget. Gardening enthusiasts and lake toy collectors will love the additional storage/gardening shed tucked along the path. The detached 2-car garage includes a separate entrance to a semi-finished upper level—ready for your imagination to transform. Conveniently located near dining, golf, and entertainment options. Whether you’re driving or flying in, the nearby Tower Airport offers one hangar for sale (leased land) and eight additional lots available for building. Don't miss your chance to experience this lakeside paradise in person—click on the Virtual Tour and please join the Open House on Sunday, June 29th, from 12:00–2:00 PM. Live, relax, and play on Lake Vermilion—your up-north dream awaits! Agents please use Showingtime. Agents and buyers please measure prior to offering. Associated supporting documents are available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,200
Year Built
- Built in 1999
Lot Details
- 1.3 Acre Lot
- Private Waterfront
- 200 Feet of Waterfront
- Lake Front
- Property fronts a county road
- Elevated Lot
- Level Lot
- Landscaped with Trees
Property Views
- Lake
- Panoramic
Home Design
- Traditional Architecture
- Concrete Foundation
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Entryway
- Great Room
- Family Room
- Combination Dining and Living Room
- Den
- Bonus Room
- Workshop
- Lower Floor Utility Room
- Storage Room
- Utility Room
- Sauna
- Home Gym
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- Bathtub With Separate Shower Stall
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Bedroom in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Window Egress
Parking
- 2 Car Detached Garage
- Insulated Garage
- Driveway
- Off-Street Parking
Outdoor Features
- Spa
- Docks
- Balcony
- Deck
- Patio
- Storage Shed
- Porch
Additional Homes
- Guest House
Farming
- Bunk House
- Loafing Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Propane
- Private Water Source
- Electric Water Heater
- Private Sewer
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 387-0200-00070
Community Details
Overview
- No Home Owners Association
Recreation
- Community Boat Slip
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $7,200 | $821,400 | $300,100 | $521,300 |
2022 | $7,192 | $730,900 | $255,600 | $475,300 |
2021 | $5,798 | $640,000 | $226,000 | $414,000 |
2020 | $5,428 | $578,700 | $226,000 | $352,700 |
2019 | $5,314 | $546,400 | $226,000 | $320,400 |
2018 | $4,992 | $545,800 | $225,400 | $320,400 |
2017 | $4,852 | $513,200 | $225,400 | $287,800 |
2016 | $4,960 | $513,200 | $225,400 | $287,800 |
2015 | $4,514 | $442,500 | $219,500 | $223,000 |
2014 | $4,514 | $442,500 | $219,500 | $223,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/25/2025 06/25/25 | For Sale | $1,600,000 | -- | $667 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $445,000 | Ati Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $371,000 | New Conventional | |
Closed | $373,000 | New Conventional | |
Closed | $375,000 | Unknown | |
Closed | $400,000 | No Value Available |
About the Listing Agent
Tracey's Other Listings
Source: Lake Superior Area REALTORS®
MLS Number: 6120328
APN: 387020000070
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