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Off market
  • $289,300

    5544 Lippo Ln, Cromwell, MN 55726

    2beds
    990sqft
    SingleFamily
    Built in 1960
    6,534 Square Feet Lot
    $289,300 Zestimate®
    $292/sqft
    $1,492 Estimated rent

    Home value

    $289,300

    $275,000 - $304,000

    $1,492/mo

    Zestimate® history
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    $1,492/mo

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    $1,492/mo

    Rent Zestimate®

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    $1,840/mo

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    $1,840/mo

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    What's special

    PRICE DROP! Nice & affordable year around cabin/home on Lower Island lake in Cromwell with 70+ feet of level sandy lake frontage with a swimming beach. Great views of the lake! Currently 1 bedroom home but could be easily converted back to 2 bedroom. Large open floor plan, tongue & groove knotty pine living room with  big windows facing the lake. Most windows are vinyl and updated 10 years ago. City sewer, sand point well, forced air fuel oil furnace, crawl space. Patio door right off the dining area onto a good size private deck, vinyl siding. Detached garage 24x26. New garage roof/soffits in 2017. Storage shed. Easy year around access. Lippo lane is a dead end township road. Lower Island lake is about 320 acres in size with 22ft max depth. It's a good fishing & recreational lake and it's connected to Upper Island lake. Depending on the lakes water level, some years it's possible to canoe through the channel. Come and take a look at this property.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Other, Oil
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Laminate
    • Has fireplace: No
    Interior area
    • Total interior livable area: 990 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: 171700342

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Cromwell

    Price history

    DateEventPrice
    5/6/2026Listing removed$299,900$303/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6124930 Report a problem
    5/5/2026Listed for sale$299,900+150.1%$303/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6124930 Report a problem
    11/9/2018Sold$119,900$121/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4955535 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,156 -3%$172,000 +9.4%
    2024$2,222 +15.1%$157,200 +4%
    2023$1,930 +5.8%$151,200 +5.6%
    2022$1,824 -7.3%$143,200 +20.6%
    2021$1,968 +11.9%$118,700 +1.1%
    2020$1,758 -19.5%$117,400 +6.8%
    2018$2,184 $109,900 +1.3%
    2017$2,184 +1.6%$108,500
    2016$2,150 -1.2%$108,500
    2015$2,176 $108,500 -9.7%
    2014$2,176 -9.7%$120,100
    2013$2,410 $120,100 -0.1%
    2012-- $120,200 -4.9%
    2011-- $126,400
    2010-- $126,400

    Find assessor info on the county website

    Neighborhood: 55726

    Nearby schools

    GreatSchools rating
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