Estimated payment $2,845/month
Highlights
- 3,150 Feet of Waterfront
- Wood Burning Stove
- 1-Story Property
- Island Location
- No HOA
- Combination Dining and Living Room
About This Home
Whole Private Island On Lake Vermilion’s Beloved Frazer Bay, Less Than Half A Mile Across Calm Water To Boat Launch. 10.5 acre island offers 3150 ft shoreline, antique cabin grandfathered at waters edge, dock, swimming cove. Located in an area of breathtaking scenery south of Thirty Six Island where there are sparkling bright blue bays created by small islands & miles of picturesque mainland coastline. This is your chance to live the island lifestyle! Fix up the antique cabin and or build your dream nest! Nights by the firepit watching shooting stars, days on the water, with the ability to work from home as needed. It’s a whole different feeling of safety, with no traffic & the kids safe to play hide & seek in the woods. Boat to waterside restaurants, a championship golf course, even to town for shopping. Excellent privacy & swimming, blue water vistas & sounds of water lapping shore. Western portion of island for sale under “Anderson Isle”.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,987
Year Built
- Built in 1960
Lot Details
- 10.5 Acre Lot
- Lot Dimensions are 1100x604
- 3,150 Feet of Waterfront
- Lake Front
- Many Trees
- Additional Parcels
Home Design
- Rubber Roof
- Wood Siding
Interior Spaces
- 344 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Living Room with Fireplace
- Combination Dining and Living Room
- Basement
- Crawl Space
Outdoor Features
- Boundary Waters Canoe Area Access
- Outhouse
Location
- Island Location
Utilities
- No Cooling
- Heating System Uses Wood
Community Details
- No Home Owners Association
- Greenwood Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 387003101330
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 | $2,510 | $296,500 | $275,600 | $20,900 |
| 2023 | $2,510 | $233,800 | $217,500 | $16,300 |
| 2022 | $2,006 | $233,800 | $217,500 | $16,300 |
| 2021 | $2,422 | $229,700 | $217,500 | $12,200 |
| 2020 | $2,904 | $228,100 | $217,500 | $10,600 |
| 2019 | $2,646 | $270,000 | $260,300 | $9,700 |
| 2018 | $2,694 | $246,400 | $236,700 | $9,700 |
| 2017 | $2,620 | $246,400 | $236,700 | $9,700 |
| 2016 | $2,640 | $244,400 | $234,700 | $9,700 |
| 2015 | -- | $133,600 | $117,300 | $16,300 |
| 2014 | -- | $144,400 | $128,100 | $16,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Pending | -- | -- | -- |
| 09/12/2025 09/12/25 | For Sale | $495,000 | -- | $1,439 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: NorthstarMLS
MLS Number: 6788472
APN: 387003101330
- 7228 Mercer Island
- Parcel G Tbd Frazer Bay Rd
- Parcel F Tbd Frazer Bay Rd
- Parcel 8 Tbd Hwy 115
- Parcel 10 Tbd Hwy 115
- Parcel 9 Tbd Hwy 115
- Parcel 7 Tbd Hwy 115
- Parcel 13 Tbd Hwy 115
- 3300 Breezy Point Rd
- 3382 Breezy Point Rd
- Parcel 2 Tbd Hwy 115
- Parcel 3 Tbd Hwy 115
- Parcel 1 Tbd Hwy 115
- Parcel F TBD Frazer Bay Rd
- Parcel G TBD Frazer Bay Rd
- 3779 Sundling Rd
- 3739 Sundling Rd
- xxx Hinsdale Island
- TBD (Lot E) County Highway 77
- 2357 Retreat Lodge Rd