Estimated payment $2,735/month
Highlights
- 3,225 Feet of Waterfront
- 1,709,730 Sq Ft lot
- Wood Burning Stove
- Beach Access
- Deck
- Vaulted Ceiling
About This Home
Welcome to your Lake Vermilion Tranquil Island retreat. This charming rustic 2 bedroom log cabin situated on 39.25 acres with 3225 total feet of shoreline on both sides of Ely Island offers the ultimate privacy. The log cabin exudes timeless charm of a bygone era. The warm, inviting interior features a vaulted ceiling, stone wood- burning fireplace and wood floors. Enjoy breathtaking, panoramic views of the pristine waters. Island life provides endless opportunities for boating, fishing, kayaking, hiking and relaxing by the water's edge. Accessible only by boat, this log cabin is a gateway to a lifestyle of peace and adventure. Escape the crowds and immerse yourself in the natural beauty and quietude of beautiful Northern Minnesota!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,599
Year Built
- Built in 1950
Lot Details
- 39.25 Acre Lot
- Lot Dimensions are 1476x1700
- 3,225 Feet of Waterfront
- Lake Front
- Irregular Lot
- Many Trees
- Zoning described as Shoreline,Residential-Single Family
Home Design
- Log Siding
Interior Spaces
- 2 Bedrooms
- 624 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Wood Burning Stove
- Wood Burning Fireplace
- Combination Dining and Living Room
- Range
Outdoor Features
- Beach Access
- Deck
- Outhouse
Utilities
- No Cooling
- Heating System Uses Wood
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 270002001350
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 |
|---|---|---|---|---|
| 2024 | $4,684 | $418,100 | $361,800 | $56,300 |
| 2023 | $4,684 | $344,000 | $294,800 | $49,200 |
| 2022 | $3,958 | $344,000 | $294,800 | $49,200 |
| 2021 | $3,890 | $287,300 | $246,900 | $40,400 |
| 2020 | $4,224 | $287,300 | $246,900 | $40,400 |
| 2019 | $4,100 | $308,000 | $269,300 | $38,700 |
| 2018 | $3,828 | $309,500 | $270,800 | $38,700 |
| 2017 | $3,762 | $284,200 | $253,500 | $30,700 |
| 2016 | $3,660 | $281,700 | $251,000 | $30,700 |
| 2015 | -- | $233,000 | $215,600 | $17,400 |
| 2014 | -- | $233,100 | $215,700 | $17,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $449,000 | -- | $720 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | None Available |
Source: NorthstarMLS
MLS Number: 6780806
APN: 270002001350
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