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    N Peninsula Lk Vermilion N Tower, MN 55790

    For Sale
    $174,000

    Lots & Land - Tower, MN

    Lot size:
    2.60 Acres
    Days on Market:
    290
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for N Peninsula Lk Vermilion N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    665001004580
    Lot size
    2.60 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Janisch Realty (218) 780-6644 [email protected]

    Listing agent Lisa Janisch (218) 780-6644

    Listing date Feb 25, 2025

    MLS# 6248054 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. 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 Peninsula Land Parcel

    This is a rare 2.6-acre parcel located on a peninsula on Lake Vermilion, offering approximately 1,235 feet of shoreline. The property provides sunrise to sunset views with eastern, southern, and western exposure. It features majestic stands of towering pines and rock outcroppings. The location offers access to 40,000 acres of water on Lake Vermilion, including waterside restaurants, docking at a championship golf course and casino, and fishing. The property is zoned for residential single-family use. For travelers, the closest entry point to the Boundary Waters Canoe Area Wilderness (BWCAW) is through Lake Vermilion’s Trout Lake, just 3 miles from this property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Tower
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.29343586
    Latitude
    47.89467457

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    FAQs

    What type of property is this?
    Land - 2.6 acre Lake Vermilion peninsula with 1,235 ft shoreline.
    Where is this land located?
    The property is located at N Peninsula Lk Vermilion N Tower, MN.
    What is the asking price?
    The asking price for this property is $174,000.
    What are key features of this property?
    This property features: - 1.235 ft of shoreline on Lake Vermilion with sunrise to sunset views.; - 2.6 acre parcel on a peninsula near the Boundary Waters Canoe Area Wilderness (BWCAW).; - Direct access to Lake Vermilion's 40,000 acres of water for recreation, dining, and entertainment.
    (218) 780-6644
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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

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    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
    N Peninsula Lk Vermilion N Tower, MN 55790
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