Estimated payment $1,626/month
Highlights
- Deck
- Vaulted Ceiling
- Baseboard Heating
About This Home
Escape to island living on Ely Island located on the legendary Lake Vermilion-one of Minnesota's most sought-after lakes. This adorable 2-bedrm cabin captures the true Up North experience with vaulted ceilings, warm knotty pine walls, and breathtaking island-studded views in every direction. Enjoy the privacy and serenity of boat-access cabin living with a quick, convenient commute from Stuntz Bay Public Boat Launch. Spend your days casting a line for world-class walleye and muskie, cruising the shoreline, or boating to lakeside restaurants and the charming harbor in the quaint town of Tower. Whether you are fishing at sunrise, exploring hidden bays, or simply relaxing on the deck taking in panoramic water views, this is an outdoor enthusiast's dream. An affordable opportunity to own on the one and only Lake Vermilion in Northern Minnesota. Start making memories today!
Listing Agent
Vermilion Land Office Inc License #40026207 Listed on: 02/18/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,505
Year Built
- Built in 1984
Lot Details
- 1 Acre Lot
- Property is zoned Res 9
Home Design
- Bi-Level Home
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2 Bedrooms
- 648 Sq Ft Home
- Vaulted Ceiling
Kitchen
- Gas Range
- Microwave
Additional Features
- Deck
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 270-0116-00050
Map
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 | $1,530 | $133,200 | $69,800 | $63,400 |
| 2023 | $1,530 | $115,200 | $59,700 | $55,500 |
| 2022 | $1,374 | $115,200 | $59,700 | $55,500 |
| 2021 | $1,352 | $98,100 | $52,500 | $45,600 |
| 2020 | $1,338 | $98,100 | $52,500 | $45,600 |
| 2019 | $1,278 | $92,500 | $50,500 | $42,000 |
| 2018 | $1,138 | $91,900 | $49,900 | $42,000 |
| 2017 | $1,098 | $80,700 | $47,300 | $33,400 |
| 2016 | $1,068 | $78,200 | $44,800 | $33,400 |
| 2015 | $1,046 | $71,300 | $39,900 | $31,400 |
| 2014 | $1,046 | $71,300 | $39,900 | $31,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | For Sale | $289,000 | -- | $446 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Source: Range Association of REALTORS®
MLS Number: 149526
APN: 270011600050
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