Estimated payment $3,488/month
Total Views
90
3
Beds
1.5
Baths
1,425
Sq Ft
$399
Price per Sq Ft
Highlights
- Private Waterfront
- Vaulted Ceiling
- Sun or Florida Room
- Lake View
- Wood Flooring
- Mud Room
About This Home
Enjoy 120 feet of pristine shoreline on Lake Vermilion from this private lot in Niles Bay, centrally located for quick access to both the west and east ends of the lake. With big water views in a cove formed by an island and point. Offered fully furnished, it's ready for immediate enjoyment from day one. A brand-new $15,000 dock was installed for the 2024 season, with 7 feet of water off the end—ideal for swimming, fishing, and boating. The dock includes power and a Floe VSD 5000 lift that works for either a pontoon or a fishing boat, with extra bunks included for both setups. A fire pit at the water’s edge provides the perfect spot to relax after a day on the lake, and a lakeside sauna permit has already been approved. Snowmobile enthusiasts will appreciate both the private trail from the driveway to the lake and direct access to the DNR-staked snowmobile trail system once on the lake. The home sits on a quiet, low-traffic access road for added peace and privacy, with a new roof installed in 2022. A storage shed is also on site—perfect for housing tools, lake gear, or seasonal equipment. Inside, the main level is warm and welcoming, with a cozy living room centered around a propane stove. The adjoining kitchen offers practical functionality while the dining area flows comfortably toward the deck for easy indoor-outdoor living. A bright and inviting sunroom provides the perfect place to enjoy your morning coffee or unwind while taking in lake views in any season. A half bath is also located on this level for convenience. Upstairs, the open loft serves as the primary bedroom, with plenty of space and natural light. The lower level offers two additional bedrooms, one of which is considered non-conforming as it does not have egress windows. A large mudroom with ample gear storage, a 3⁄4 bathroom, laundry area, and walkout access to the lake—making it ideal for hosting guests or accommodating family. With thoughtful layout and purposeful spaces across three levels, the home blends rustic charm with lakeside comfort, ready for year-round enjoyment. Whether you're seeking four-season adventure or peaceful retreat, this Niles Bay gem checks all the boxes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,481
Year Built
- Built in 1995
Lot Details
- 0.46 Acre Lot
- Private Waterfront
- 120 Feet of Waterfront
- Lake Front
Parking
- No Garage
Home Design
- Log Cabin
- Concrete Foundation
- Asphalt Shingled Roof
- Wood Siding
- Log Siding
Interior Spaces
- Multi-Level Property
- Vaulted Ceiling
- Gas Fireplace
- Mud Room
- Living Room
- Dining Room
- Sun or Florida Room
- Lower Floor Utility Room
- Wood Flooring
- Lake Views
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Finished Basement Bathroom
Utilities
- Boiler Heating System
- Heating System Uses Wood
- Heating System Uses Propane
- Private Water Source
- Private Sewer
- Satellite Dish
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 378-0045-00080
Map
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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 | $4,566 | $495,900 | $246,100 | $249,800 |
| 2022 | $4,618 | $413,900 | $206,000 | $207,900 |
| 2021 | $4,160 | $350,500 | $164,200 | $186,300 |
| 2020 | $4,242 | $314,300 | $161,000 | $153,300 |
| 2019 | $4,288 | $314,300 | $161,000 | $153,300 |
| 2018 | $4,136 | $322,400 | $156,300 | $166,100 |
| 2017 | $4,032 | $305,200 | $156,300 | $148,900 |
| 2016 | $4,020 | $293,700 | $144,800 | $148,900 |
| 2015 | $4,059 | $293,700 | $144,800 | $148,900 |
| 2014 | $4,059 | $293,700 | $144,800 | $148,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | For Sale | $569,000 | +44.1% | $399 / Sq Ft |
| 07/31/2020 07/31/20 | Sold | $395,000 | 0.0% | $254 / Sq Ft |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- |
| 04/10/2020 04/10/20 | For Sale | $395,000 | +21.5% | $254 / Sq Ft |
| 12/13/2013 12/13/13 | Sold | $325,000 | 0.0% | $209 / Sq Ft |
| 12/13/2013 12/13/13 | Sold | $325,000 | -5.8% | $209 / Sq Ft |
| 11/25/2013 11/25/13 | Pending | -- | -- | -- |
| 11/01/2013 11/01/13 | Pending | -- | -- | -- |
| 07/19/2013 07/19/13 | For Sale | $344,900 | -- | $221 / Sq Ft |
Source: Lake Superior Area REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $395,000 | Northeast Title Company | |
| Warranty Deed | $325,000 | All American Title Co Inc | |
| Warranty Deed | $224,090 | Consolidated |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,250 | New Conventional | |
| Previous Owner | $315,000 | Credit Line Revolving | |
| Previous Owner | $260,000 | New Conventional |
Source: Public Records
Similar Homes in Cook, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6121177
APN: 698004500080
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