Waterfront

Tower, MN Waterfront Land for Sale

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Lakefront Recreation Land Parcel
Updated: Jul 8
Lakefront Recreation Land Parcel

95642 Pine Island, Tower, MN 55790

$159,000
7.20 AC lot
Lake Vermilion waterfront property with 264 ft of boat‑access frontage on the lake
Just over 7 acres with south‑facing views over Lake Vermilion
Approved septic sites already in place for future development
Property includes mature trees and a bluff setting for building a dream cabin
Borders public land with direct access to hunting, hiking, and fishing
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Lake Vermilion Building Lot
Updated: May 26
Lake Vermilion Building Lot

5773 N Lake Vermilion, Tower, MN 55790

$124,500
4.60 AC lot
Direct access to Lake Vermilion with 250 ft of shoreline.
Large 4.6 acre parcel adjoining Superior National Forest and the BWCAW.
South‑facing lot with proximity to Trout Lake portage into the Boundary Waters.
Electricity accessible on the property.
Short motorboat ride to marina.
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Waterfront Land with Natural Shoreline
Waterfront Land with Natural Shoreline

95150 Bystrom Bay, Tower, MN 55790

$229,000
8.86 AC lot

Water-access-only acreage on a lake offers shoreline for boating, fishing, and outdoor recreation.

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Waterfront Build Site on Daisy Bay
Waterfront Build Site on Daisy Bay

0000 County Road 77, Tower, MN 55790

$329,000
1.00 AC lot

Approved build and septic site on Lake Vermilion’s Daisy Bay with room for a boat dock and lift.

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Tower, MN Waterfront Land Parcel
Tower, MN Waterfront Land Parcel

5248 Ely Island S, Tower, MN 55790

$195,000
5.19 AC lot

5.19 acres with 495' of south-facing lakeshore.

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Pike River Flowage Land Parcel
Pike River Flowage Land Parcel

Koski Road, Tower, MN 55790

$189,000
9.70 AC lot

9.7 acre waterfront land near Tower, MN.

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Cooperative RV Park Interest
Cooperative RV Park Interest

TBD 24 Lake Ave S, Tower, MN 55790

$49,900
0.05 AC lot

Designated recreational vehicle lot with a boat slip, on-site sewer and water, and 50-amp electrical service.

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Waterfront Land Parcel
Waterfront Land Parcel

0012 Fectos Road, Tower, MN 55790

$196,000

Waterfront land parcel identified as Plot C on Fectos Road in St. Louis County.

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Waterfront RV Resort Lot
Waterfront RV Resort Lot

TBD 13 Lake Ave S, Tower, MN 55790

$49,900
0.05 AC lot

Cooperative ownership includes a channel boat slip and on-site utility connections.

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Lake Vermilion Island Land
Lake Vermilion Island Land

Meyers Island, Lake Vermilion, Tower, MN 55790

$185,000
1.54 AC lot

1.54 acre island lot with 950' lake frontage.

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Lake Vermilion Waterfront Homesite
Lake Vermilion Waterfront Homesite

80086 Gruben Cir, Tower, MN 55790

$109,500

Waterfront land parcel in the Waters of Vermilion community with utilities in place and private docking options.

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Lakefront Recreational Land Parcel
Lakefront Recreational Land Parcel

TBD Parcel 12 Hwy 115, Tower, MN 55790

$47,900
3.30 AC lot

Cleared waterfront lot near public boat access and snowmobile trails, with a designated septic site to support development.

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Land, Tower, MN
Land, Tower, MN

Armstrong Bay Road, Tower, MN 55790

$425,000
3.44 AC lot

Residential land & home lots · 3.44 Acres

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Lots/Land
Lots/Land

80048 Tamarack Trail, Tower, MN 55790

$125,000

Residential land & home lots

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lake Vermilion Waterfront Land
Lake Vermilion Waterfront Land

Hwy 24, Orr, MN 55717

$855,000
39.75 AC lot

Wooded lakeshore acreage with an interior pond, bedrock features, and views across Norwegian Bay.

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Recreation Land with Ponds
Recreation Land with Ponds

Hwy. 24 lot: C, Orr, MN 55771

$142,500
40.00 AC lot

Wooded recreational acreage offers elevated building sites, water features, and access to adjoining public land.

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Lake Vermilion Waterfront Land
Lake Vermilion Waterfront Land

Yahoo Point Road lot: 3, Cook, MN 55723

$239,500
16.10 AC lot

16 acres with 455' shoreline on Lake Vermilion.

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Waterfront Recreational Land Lot
Waterfront Recreational Land Lot

27 Frazer Bay Road, Cook, MN 55723

$67,900

Direct access to the Fraser Bay boat launch on Lake Vermilion, with power run to the lot and a septic site.

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Tower, MN Waterfront Land Market Trends and Statistics

Explore 14 waterfront land for sale in Tower, MN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 1,956,794 square feet of properties for sale, with an estimated market value of $2,413,700.

Sale prices for water rights properties in Tower, MN start at $47,900, averaging $172,407, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Recreation land 20
Residential land & home lots 18
Waterfront Land 13
Hunting land 2

Demographics Overview

Population 1,933
Population Growth (5Y) -3.5%
Median Household Income $74,732
College Educated 46.0%

High-Yield Neighborhoods for Investment

Identify Tower submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55790 $146.5K

Taxes & Financing

Tax Rate (average for all types) 2.45%
Property Tax per SF $30.81 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

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