4891 Lake Vermilion N, Tower, MN 55790 - Photo 1

1/1

$229,000

Sold
Closed
Single Family
2 Beds
1,219 Sq. Ft.

1/1

Property Description

Don't miss the chance to complete this one-of-a-kind private retreat on beautiful Lake Vermilion. Situated on 3.41 acres with approximately 300 feet of shoreline, this property offers the perfect combination of peace & tranquility! The hard work has already been done-most of the materials needed to finish the cabin are included in the sale, allowing you to add your own style and final touches. The property also features two lift-out docks and an additional outbuilding with plenty of space to store fishing gear and other recreational equipment. Located in the peaceful northeast corner of Lake Vermilion, you'll enjoy exceptional fishing right from your dock and stunning Northwoods scenery in every direction. Access is convenient with a nearby public boat launch just minutes away by water, and an electric tram makes transporting supplies and gear from the boat to the cabin easy and efficient! Come see your future Vermilion Retreat!

Full Property Details

Full Property Details for 4891 Lake Vermilion N

General

Sold For: $229,000
Taxes: $2,138 (2026)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 7085944
Added to Site: 70 day(s) ago

Parking

Parking Features: None

School Information

School District: 2142 - St. Louis County
High School District: St. Louis County

Heating & Cooling

Cooling Type: None
Heating Type: Wood Stove
Heating Fuel: Wood

Utilities

Sewer: Outhouse
Water: None

Additional Structures

Other Structures: Storage Shed

Water Features

Water Front Desc.: Dock, Lakefront, Lake View
Water Front Feet: 300
Lake Front: Yes

Financial Considerations

Tax Amount: $2,138
Tax Year: 2026
Terms: Conventional, Cash

Disclosures and Reports

Legal Description: THAT PART OF G.L.3 LYING S OF THE FOLLOWING DESCRIBED LINE COMM AT NW COR OF G.L.3 THENCE S01DEG55'46"W ALONG WLY LINE OF G.L.3 563.99 FT THENCE N88DEG06'02"E PARALLEL TO THE NLY LINE OF G.L.3 827 FT TO SHORE OF LAKE VERMILION THERE TERMINATING EX COMM AT NW COR OF G.L.3 THENCE S01DEG55'46"W ALONG WLY LINE OF G.L.3 563.99 FT THENCE N88DEG06'02"E PARALLEL TO NLY LINE OF G.L.3 300.67 FT TO PT OF BEG THENCE CONT N88DEG06'02"E 525 FT TO SHORE OF LAKE VERMILION THENCE SLY AND WLY ALONG SHORE OF LAKE VERMILION 890 FT TO A PT WHICH LIES S01DEG55'46"W FROM PT OF BEG THENCE N01DEG55'46"E PARALLEL TO WL
Property ID: 270002001053

Listed and Sold by Property Brokers of Minnesota

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Schools

Schools serving 4891 Lake Vermilion N

School District:St. Louis County School District

Name	Grades	Distance
Tower-Soudan Elementary School 415 North 2nd Street, Tower, MN 55790	PK-6	5.5 mi
Northeast Range Secondary 30 South Drive, Babbitt, MN 55706	7-12	16.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4891 Lake Vermilion N

Date

Details

Price

Change

Source

7/24/2026

Sold

$229,000

-8.03%

MLS

7/02/2026

Price Reduced

$249,000

-3.86%

MLS

6/02/2026

Listed

$259,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 39 minutes ago

3
Beds
2
Total Baths
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Updated 1 day ago

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2
Total Baths
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Updated 4 days ago

3
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2
Total Baths
2,464
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Price Reduced

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$884,000

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Single Family
Active
Updated 1 day ago

2
Beds
2
Total Baths
2,451
Sq. Ft.

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Price Reduced

-$10,000 (-13.33%)

$65,000

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Lots/Land
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Updated 4 days ago

40
Acres

Listed by Bear Island Realty LLC

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Price Reduced

-$10,000 (-2.57%)

$379,000

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Single Family
Active
Updated 3 days ago

4
Beds
4
Total Baths
3,144
Sq. Ft.

Listed by Next Door Realty

Price Reduced

-$25,000 (-7.25%)

$320,000

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Single Family
Active
Updated 18 hours ago

2
Beds
1
Total Bath
576
Sq. Ft.

Listed by BIC Realty

412 2nd Street N, Tower, MN 55790 - Photo 1

Sold

$230,000

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Single Family
Closed

3
Beds
3
Total Baths
2,608
Sq. Ft.

Listed by Anchor Realty
Sold by Non-MLS

Sold

$232,000

815 N 3rd St Tower, MN 55790

Single Family
Closed

5
Beds
2
Total Baths
2,184
Sq. Ft.

Listed by Vermilion Land Office, Inc
Sold by Nonmember Office

815 3rd Street N, Tower, MN 55790 - Photo 1

Sold

$232,000

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Single Family
Closed

5
Beds
2
Total Baths
2,184
Sq. Ft.

Listed by Vermilion Land Office, Inc.
Sold by Non Member File

4512 Serenity Point Rd, Tower, MN 55790 - Photo 1

Sold

$250,000

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Lots/Land
Closed

2.096
Acres

Listed by BIC Realty
Sold by Anchor Realty

4891 Lake Vermilion N, Tower, MN 55790 (MLS# 7085944) is a Single Family property that was sold at $229,000 on July 24, 2026. Want to learn more about 4891 Lake Vermilion N? Do you have questions about finding other Single Family real estate for sale in Tower? You can browse all Tower real estate or contact a Coldwell Banker agent to request more information.

4891 Lake Vermilion N Tower, MN 55790