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    Jb Is Tower, MN 55790

    Sponsored
    For Sale
    $449,000

    Waterfront - Tower, MN

    Lot size:
    1.25 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 7 at 3:06 am

    Property Features for Jb Is

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Dock
    Dock
    1
    Lot size
    1.25 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Johnson Hometown Realty (218) 263-4411

    Listing agent Joe Jump (218) 263-4411

    Listing date Dec 23, 2025

    MLS# 148773 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 Private Island

    This private island is located on Lake Vermilion, north of Ely Island, just north of Preacher Island and south of Nyberg Island and Indian Point. The property is approximately 1.25 acres and features over 800 feet of shoreline. Mature pines are present, and the location offers views of Big Bay, as well as sunrises and sunsets. It includes a dock, satellite toilet, locked box storage, winch system, generator and cleared walkways. The property is a suitable building site for a cabin or home with 360-degree views of Lake Vermilion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Map

    City
    Tower
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.242384558064
    Latitude
    47.862684836976

    Nearby Similar for Sale

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    • $1,400,000

      Lake Vermilion Resort Opportunity

      Quaint resort on Lake Vermilion with cabins and RV sites.
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    • $349,000
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      Updated Fourplex Near Lake Vermilion

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    FAQs

    What type of property is this?
    Waterfront Property - 1.25 acre private island with 800' shoreline on Lake Vermilion.
    Where is this waterfront property located?
    The property is located at Jb Is Tower, MN.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Private island on Lake Vermilion with 1.25 acres and 800' of shoreline.; - Great building site with 360° views of Lake Vermilion, stunning sunsets and sunrises.; - Mature pines and great views of Big Bay.
    (218) 929-0198
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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
    Jb Is Tower, MN 55790
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