This is a rare and exceptional opportunity to create your legacy on the shores of Lake Vermilion. With 1500 feet of prime lakeshore, 87 acre parcel of unspoiled beauty, & a unique boathouse with a 4-season living area above awaiting your touch, this property is truly a masterpiece in the making. This cherished family compound has been in the same family for nearly a century. Preserving the authenticity of the land, an original 1927 log structure graces the property. While of limited value, it serves as a testament to the rich history that this land holds. Towering pines and rocky outcroppings dot the landscape, sunny southern exposure on Daisy Bay, electricity, & approved septic sites complete this package Whether you envision a rustic cabin tucked away in the woods or an elegant lakeside estate, the property offers numerous level building sites to accommodate your vision. Plus 1400' of Fectos Rd frontage for possible building sites! First time on the market!
Sold for $815,000
$815,000
4010 County Rd 77, Tower, MN 55790
3beds
880sqft
Single Family Residence
Built in 1927
86 Acres Lot
$-- Zestimate®
$926/sqft
$1,675 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,675/mo
Zestimate® history
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$5,080/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Barb Hegg 218-742-2369,
Vermilion Land Office, Inc
Bought with:
Barb Hegg, MN 20052250
Vermilion Land Office, Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6110170
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Garage
- Area: 552
- Dimensions: 23 x 24
Heating
- Forced Air, Wood, Propane
Cooling
- None
Features
- Basement: N/A
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 880 sqft
- Finished area above ground: 880
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Detached
- Garage spaces: 2
Features
- Levels: Multi-Level
- Has view: Yes
- View description: Bay, Inland Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Rocky, Undeveloped, Shore-Accessible)
- Body of water: Vermilion
- Frontage length: 1500
Lot
- Size: 86 Acres
- Dimensions: 1400 x 2800
- Features: Accessible Shoreline, Some Trees
- Residential vegetation: Partially Wooded
Details
- Foundation area: 880
- Parcel number: 387001000860,00870
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Other, Wood, Concrete Block, Frame/Wood
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1927
Utilities & green energy
- Electric: Lake Country Power
- Water: None
Community & neighborhood
Location
- Region: Tower
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2024 | Listing removed | $419,500$477/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6112440 Report a problem | ||
| 9/4/2024 | Price change | $419,500-3.6%$477/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6112440 Report a problem | ||
| 3/8/2024 | Listed for sale | $435,000-46.6%$494/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6112440 Report a problem | ||
| 10/12/2023 | Sold | $815,000+2.1%$926/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6110170 Report a problem | ||
| 9/8/2023 | Pending sale | $798,600$908/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6416466 Report a problem | ||
| 9/7/2023 | Contingent | $798,600$908/sqft |
Source: Range AOR #145637 Report a problem | ||
| 8/21/2023 | Listed for sale | $798,600$908/sqft |
Source: Range AOR #145637 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $240 +7.1% | $71,300 +102.6% |
| 2023 | $224 +4.7% | $35,200 +15% |
| 2022 | $214 -0.9% | $30,600 +20% |
| 2021 | $216 | $25,500 |
| 2020 | $216 | $25,500 |
| 2019 | $216 -11.5% | $25,500 -9.9% |
| 2018 | $244 +1.7% | $28,300 |
| 2017 | $240 -1.6% | $28,300 |
| 2016 | $244 -1.6% | $28,300 -26.7% |
| 2015 | $248 -2.4% | $38,600 |
| 2014 | $254 -48.7% | $38,600 -33.4% |
| 2008 | $495 +16.6% | $58,000 +24.5% |
| 2007 | $424 +10.8% | $46,600 +23.3% |
| 2006 | $383 +23.1% | $37,800 +47.7% |
| 2004 | $311 +4.7% | $25,600 +13.3% |
| 2003 | $297 +9.3% | $22,600 +10.2% |
| 2002 | $272 | $20,500 |
Find assessor info on the county website
Neighborhood: 55790
Nearby schools
GreatSchools rating
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 7.8 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 24.3 mi
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- Minnesota
- Saint Louis County
- Tower
- 55790
- 4010 County Rd 77
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