Estimated payment $3,073/month
About This Home
Spacious one of a kind Lake Vermilion home located in a prime location with lots of potential. This 4 bedroom/2 bath lake home with garage combines traditional cabin character with lots of room for a family, guests or possible VRBO. Home features large entry way, 3 bedrooms on the main floor and a back room with private entry that can be a another bedroom or rec room. Upstairs is a large bedroom, bath and spacious rec room. Property also features extra large wet boatouse with slips for 5 boats and gradual slope down to the lake with a potential sandy swim area. Home is lcoated in a more commercial area that would also make is a great VRBO potential. Lot size is just over an 1 acre with 166' of lake frontage.
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Parking
- 2
Property Views
- Lake
- Panoramic
Kitchen
- Microwave
Laundry
- Dryer
- Washer
Listing and Financial Details
- Assessor Parcel Number 387005000280/00290/00300
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 |
|---|---|---|---|---|
| 2023 | $3,284 | $334,000 | $108,300 | $225,700 |
| 2022 | $3,010 | $279,500 | $91,700 | $187,800 |
| 2021 | $3,048 | $257,400 | $87,000 | $170,400 |
| 2020 | $3,082 | $257,400 | $87,000 | $170,400 |
| 2019 | $2,905 | $257,400 | $87,000 | $170,400 |
| 2018 | $2,714 | $252,500 | $80,700 | $171,800 |
| 2017 | $2,674 | $234,700 | $80,700 | $154,000 |
| 2016 | $2,686 | $230,500 | $76,500 | $154,000 |
| 2015 | $2,549 | $225,900 | $75,000 | $150,900 |
| 2014 | $2,549 | $225,900 | $75,000 | $150,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2026 02/14/26 | Price Changed | $500,000 | -31.0% | $204 / Sq Ft |
| 11/28/2025 11/28/25 | Price Changed | $725,000 | -8.2% | $296 / Sq Ft |
| 09/27/2025 09/27/25 | Price Changed | $790,000 | -7.1% | $323 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $850,000 | -- | $348 / Sq Ft |
Source: Lake Superior Area REALTORS®
MLS Number: 6121671
APN: 698-0050-00290
- 8335 Boulder Ridge Rd
- 8348 Forgys Point
- Lake Vermilion Private Island and Mainland Boathouse
- XXX Lake Vermilion
- 8481 Wakemup Shores Rd
- 8481 Wakemup Narrows N
- Parcel C S Niles Bay Forest Rd
- Parcel B S Niles Bay Forest Rd
- Parcel A S Niles Bay Forest Rd
- TBD S Niles Bay Forest Rd
- TBD Yahoo Point Rd
- Parcel B N Norwegian Bay
- Parcel 2 TBD Highway 115
- Parcel 3 TBD Highway 115
- 7481 Stone Ridge Rd
- 7481 S Stone Ridge Shores
- xxx Hinsdale Island
- Lot 7 Wilderness Way
- TBD Wilderness Way
- Parcel F TBD Frazer Bay Rd
Ask me questions while you tour the home.