Residential

Tower, MN Residential Land & Home Lots for Sale

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35 properties
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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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Land Tract with Highway Frontage
Updated: Jul 9
Land Tract with Highway Frontage

Highway 135, Tower, MN 55790

$210,000
126.25 AC lot
126.25‑acre tract of mixed high and low land, located about 3 miles south of Tower on Highway 135.
2,150 feet of highway frontage on Hwy 135.
Paved segment of the Mesabi Bike Trail runs adjacent to the property and parallels Hwy 135.
Established trails throughout the property, plus a prepared clearing near Highway 135.
Buyer may choose any 7 acres on the entire property to develop and build on while still retaining SFIA funding.
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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80046 Alder Lane, Tower, MN 55790

$164,500
0.26 AC lot

Homesite in Waters of Vermilion community with lake access.

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Recreation Land with Highway Access
Recreation Land with Highway Access

135 Highway 135, Tower, MN 55790

$210,000
126.25 AC lot

A 126.25-acre tract with 2,150 feet of Highway 135 frontage and established trails.

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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80052 Tamarack Trail, Tower, MN 55790

$162,500
0.24 AC lot

Homesite in Waters of Vermilion community with lake access.

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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80048 Tamarack Trail, Tower, MN 55790

$124,000
0.13 AC lot

Lake Vermilion homesite with community utilities and access to amenities.

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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80075 Waters of Vermilion Road, Tower, MN 55790

$139,500
0.11 AC lot

Homesite in Waters of Vermilion community with lake access.

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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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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80054 Tamarack Trail, Tower, MN 55790

$119,000
0.11 AC lot

Homesite in Waters of Vermilion community with lake access.

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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80012 Conifer Crest, Tower, MN 55790

$115,500
0.10 AC lot

Homesite in Waters of Vermilion community with lake access.

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Lots/Land
Lots/Land

80048 Tamarack Trail, Tower, MN 55790

$125,000

Residential land & home lots

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Recreational Land Near Lake Vermilion
Recreational Land Near Lake Vermilion

TBD Parcel S Thomas Rd., Tower, MN 55790

$39,900
1.90 AC lot

Land near Lake Vermilion, ideal for cabin or storage.

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Lake Vermilion Building Lot
Lake Vermilion Building Lot

5773 Lake Vermilion N, Tower, MN 55790

$124,500
4.60 AC lot

4.6 acre lot with 250 ft shoreline on Lake Vermilion.

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Waterfront Recreation Land for Cabin
Waterfront Recreation Land for Cabin

TBD Parcel S Thomas Road, Tower, MN 55790

$39,900
1.90 AC lot

Recreation-focused waterfront lot near public lake access, with an easement trail concept for convenient use.

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LOTS/LAND, Tower, MN
LOTS/LAND, Tower, MN

Everett Bay Rd, Tower, MN 55790

$445,000
1.75 AC lot

Land · 1.75 Acres

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LOTS/LAND, Tower, MN
LOTS/LAND, Tower, MN

Lagoon Road, Tower, MN 55790

$249,000
0.65 AC lot

Land · 0.65 Acres

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Lake Vermilion Waterfront Land Parcel
Lake Vermilion Waterfront Land Parcel

Pine Narrows lot: 10, Tower, MN 55790

$189,000
6.00 AC lot

6-acre waterfront land with 821 feet of shoreline.

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LOTS/LAND, Tower, MN
LOTS/LAND, Tower, MN

Everett Bay Rd, Tower, MN 55790

$365,000
1.00 AC lot

Land · 1.00 Acre

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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80034 Sweet Fern Loop, Tower, MN 55790

$128,500
0.19 AC lot

Homesite in Waters of Vermilion community with lake access.

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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80064 Osprey Pass, Tower, MN 55790

$135,500
0.18 AC lot

Homesite in Waters of Vermilion community with lake access.

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Lake Vermilion Homesite Opportunity
Lake Vermilion Homesite Opportunity

80086 Gruban Circle, Tower, MN 55790

$109,500
0.15 AC lot

Homesite in Waters of Vermilion community with lake access.

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Lakefront Recreational Land Parcel
Lakefront Recreational Land Parcel

TBD Parcel 17 Hwy 115, Tower, MN 55790

$42,900
2.50 AC lot

Approximately 2.5-acre lake-area lot with a septic site already located for future development.

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Recreational Waterfront Building Lot
Recreational Waterfront Building Lot

TBD Parcel 15 Hwy 115, Tower, MN 55790

$32,900
5.20 AC lot

Waterfront-adjacent lot near Lake Vermilion with access to public boat launches and snowmobile trails.

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Lakefront Recreational Land Parcel
Lakefront Recreational Land Parcel

TBD Parcel 12 Hwy 115, Tower, MN 55790

$52,900
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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Tower, MN Residential Land & Home Lots Market Trends and Statistics

Explore 35 residential land & home lots for sale in Tower, MN, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 14,238,022 square feet of properties for sale, with an estimated market value of $4,563,800.

Sale prices for home sites in Tower, MN start at $31,900, averaging $134,229, and reaching up to $445,000 — 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

Residential land & home lots 27
Recreation land 20
Waterfront Land 15
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 $119.2K

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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