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    80046 Alder Ln Tower, MN 55790

    Sponsored
    For Sale
    $164,500

    Waterfront - Tower, MN

    Lot size:
    0.26 Acres
    Days on Market:
    181
    Last Refresh:
    Jan 8 at 1:06 pm

    Property Features for 80046 Alder Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Common Areas
    Lot size
    0.26 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    B.I.C. Realty (218) 666-5352

    Listing agent Julia Maki (218) 666-5352

    Listing date Jul 12, 2025

    MLS# 147927 Listing URL

    Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Vermilion Waterfront Lot

    This 0.26-acre lot offers a rare opportunity to own property on Lake Vermilion. Located in Pike Bay, the lot is part of the Waters of Vermilion CIC #56 (units #22 & #23) and is suitable for building a home or vacation cabin. The property features views of Lake Vermilion and Lily Pond. Utilities, including water and sewer, are accessible. Ownership includes access to almost 30 acres of land with trails and 1200 feet of Lake Vermilion shoreline. Additional amenities include private docking options, a game room, a community kitchen, and two inland ponds with a private beach. Additional lots are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Storage Facility Hotel & Motel Travel Agency Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tower
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.356716
    Latitude
    47.80473

    Nearby Similar for Sale

    • $176,000
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      507 Main St, Tower, MN 55790
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    • $1,400,000

      Lake Vermilion Resort Opportunity

      Quaint resort on Lake Vermilion with cabins and RV sites.
      2001 A&B Bayview Dr, Tower, MN 55790
      View Details
    • New
      $349,000
      4,467 SF

      Updated Fourplex in Tower, MN

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      605 Main St, Tower, MN 55790
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    FAQs

    What type of property is this?
    Residential land & home lot - 0.26 acre lot on Lake Vermilion ready to build.
    Where is this residential land & home lot located?
    The property is located at 80046 Alder Ln Tower, MN.
    What is the asking price?
    The asking price for this property is $164,500.
    What are key features of this property?
    This property features: - Lake Vermilion lot with access to 1200' of shoreline and private docking options.; - Part of a maintenance-free community with almost 30 acres of common land and trails.; - Utilities (water and sewer) are available on the lot.
    (218) 780-0315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    80046 Alder Ln Tower, MN 55790
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