Estimated payment $2,292/month
About This Home
A great opportunity to own 3 seasonal cabins nestled along 286 ft. of shoreline on highly sought-after Lake Vermilion. Perfectly positioned in a quiet, protected bay, this unique property offers the ideal Northwoods getaway for family, friends, or as a rental retreat. The main cabin features an open-concept design with a cozy sleeping loft and 2 main floor bedrooms. 2 additional 1 bedroom cabins, each with their own sleeping lofts, provide space for guests or extended family-plenty of room to gather while still enjoying individual privacy. Outdoor living is easy with an outdoor shower, firepit, a dock ready for your boat or pontoon, and power already at site. Whether you're fishing, kayaking, or simply enjoying sunset views from the dock, this property is the perfect base for making lifelong memories on the lake. Don't miss this chance to own a piece of Lake Vermilion's magic!
Listing Agent
Vermilion Land Office Inc License #40026207 Listed on: 10/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,133
Year Built
- Built in 2021
Lot Details
- 3.18 Acre Lot
- Property is zoned RES-8
Home Design
- Metal Roof
Interior Spaces
- 4 Bedrooms
- 556 Sq Ft Home
- 1-Story Property
Utilities
- Window Unit Cooling System
- Space Heater
- Heating System Uses Propane
- The lake is a source of water for the property
Listing and Financial Details
- Assessor Parcel Number 250-0069-00030
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 | $2,218 | $224,300 | $183,700 | $40,600 |
| 2023 | $2,218 | $191,900 | $150,800 | $41,100 |
| 2022 | $1,690 | $150,800 | $150,800 | $0 |
| 2021 | $1,422 | $141,500 | $141,500 | $0 |
| 2020 | $1,458 | $119,500 | $119,500 | $0 |
| 2019 | $1,440 | $119,500 | $119,500 | $0 |
| 2018 | $1,468 | $119,500 | $119,500 | $0 |
| 2017 | $1,350 | $119,400 | $119,400 | $0 |
| 2016 | $1,460 | $108,700 | $108,700 | $0 |
| 2015 | $1,524 | $108,700 | $108,700 | $0 |
| 2014 | $1,524 | $109,000 | $109,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $399,900 | -- | $719 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500 | None Listed On Document | |
| Deed | $3,000 | Vennilon Law | |
| Land Contract | $149,000 | None Available | |
| Warranty Deed | $800,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,650 | Land Contract Argmt. Of Sale | |
| Previous Owner | $300,000 | New Conventional |
Source: Range Association of REALTORS®
MLS Number: 149219
APN: 250006900030
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