Pending

$370,000

5556 Lippo Ln, Cromwell, MN 55726

3beds

1,456sqft

Get pre-qualified

Single Family

Built in 1930

1 Acres Lot

$359,600 Zestimate^®

$254/sqft

$-- HOA

What's special

Year-round lake front cabin on Island Lake – almost 120’ of sandy shoreline! Enjoy lake living at its best with this level lake frontage and breathtaking panoramic views. This 3-bedroom cabin offers a comfortable and inviting layout, complete with a spacious porch and lakeside deck—perfect for relaxing or entertaining. This lake home / cabin includes a large laundry room on the main floor for convenience, and the layout of this home is completely designed for all-season enjoyment. Outside, you’ll find exceptional amenities including two double garages (4 total stalls), a storage shed, and a 60-foot dock with built-in bench seating—ideal for soaking in the scenery or spending time on the water. Whether you're looking for a peaceful retreat or a place to host family and friends, this property delivers the perfect blend of comfort, space, and stunning natural beauty.

73 days

448

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Upper
Area: 135 Square Feet
Dimensions: 15x9

Bedroom 2

Level: Upper
Area: 135 Square Feet
Dimensions: 15x9

Bedroom 3

Level: Upper
Area: 80 Square Feet
Dimensions: 10x8

Dining room

Level: Main
Area: 80 Square Feet
Dimensions: 10x8

Other

Level: Main
Area: 144 Square Feet
Dimensions: 18x8

Kitchen

Level: Main
Area: 120 Square Feet
Dimensions: 15x8

Laundry

Level: Main
Area: 40 Square Feet
Dimensions: 8x5

Living room

Level: Main
Area: 345 Square Feet
Dimensions: 23x15

Heating

Forced Air, Wood Stove

Cooling

Window Unit(s)

Appliances

Included: Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Laundry: Laundry Room, Main Level

Features

Basement: Partial,Sump Pump
Number of fireplaces: 1
Fireplace features: Wood Burning, Wood Burning Stove

Interior area

Total structure area: 1,456
Total interior livable area: 1,456 sqft
Finished area above ground: 1,456
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: Detached Garage, Gravel, Garage Door Opener, Multiple Garages
Garage spaces: 4
Has uncovered spaces: Yes
Details: Garage Dimensions (24x24)

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Composite Decking, Front Porch
Has view: Yes
View description: East, Panoramic, Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front, Lake View, Waterfront Elevation(0-4), Lake Bottom(Hard, Sand)
Frontage length: Water Frontage: 118

Lot

Size: 1 Acres
Dimensions: 113 x 413 x 108 x 431
Features: Tree Coverage - Medium

Details

Additional structures: Storage Shed
Foundation area: 914
Parcel number: 900100680
Zoning description: Shoreline,Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Frame
Roof: Asphalt

Condition

New construction: No
Year built: 1930

Utilities & green energy

Electric: Circuit Breakers
Gas: Propane
Sewer: Tank with Drainage Field
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Cromwell

Financial & listing details

Price per square foot: $254/sqft
Tax assessed value: $315,700
Annual tax amount: $4,464
Date on market: 4/29/2026
Cumulative days on market: 70 days

Estimated market value

$359,600

$342,000 - $378,000

$1,904/mo

Price history

Date	Event	Price
6/24/2026	Pending sale	$370,000$254/sqft
Source: NorthstarMLS as distributed by MLS GRID #7009489 Report a problem
5/1/2026	Listed for sale	$370,000+61.2%$254/sqft
Source: NorthstarMLS as distributed by MLS GRID #7009489 Report a problem
8/23/2019	Sold	$229,500$158/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6084635 Report a problem
7/16/2019	Pending sale	$229,500$158/sqft
Source: RE/MAX Lakes Area Realty #6084635 Report a problem
7/9/2019	Listed for sale	$229,500+18.3%$158/sqft
Source: RE/MAX Lakes Area Realty #5260077 Report a problem
3/16/2006	Sold	$194,000+5.4%$133/sqft
Source: Public Record Report a problem
11/17/2005	Sold	$184,000$126/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,236 +3.2%	$315,700 +14.5%
2024	$3,136 +16.4%	$275,800 +6.4%
2023	$2,694 +3.8%	$259,300 +5.5%
2022	$2,596 -0.3%	$245,800 +24.8%
2021	$2,604 +4.8%	$196,900 +1.2%
2020	$2,484 +0.6%	$194,500 +2.1%
2018	$2,468	$190,500 +2.3%
2017	$2,468 +2.6%	$186,300 +0.8%
2016	$2,406 +7.5%	$184,800 +25.3%
2015	$2,238	$147,500 -10.7%
2014	$2,238 -7.8%	$165,200
2013	$2,428	$165,200 -0.2%
2012	--	$165,600 -0.2%
2011	--	$166,000 -0.8%
2010	--	$167,400

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified