For sale

$548,500

95126 Grassy Point, Tower, MN 55790

1beds

1,049sqft

$3,824/mo

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Single Family Residence

Built in 2000

2.81 Acres Lot

$501,900 Zestimate^®

$523/sqft

$-- HOA

What's special

Deck all lakesideInsulated guest cabinPaved driveway to dock

Year Round Lake Vermilion Retreat Offers Sunrise to Sunset Views All The Way Across Frazer Bay! Comfortably sleeps 8! Set On 2.8 Acres & 380 ft South Facing Excellent Swimming Shoreline w/Paved Driveway To Dock. Main, Guest & Sauna Cabins, Heated Workshop W/Storage Below. 1049 SF, 1BR plus loft/1BA/Laundry yr rnd main cabin. Insulated guest cabin. Sauna at waters edge. Dock. Open floor plan main cabin features kitchen w/island, dining, living w/fireplace front gas stove & deck all lakeside. Newer septic. Drilled well. Argo ATV included. Short boat ride across calm water to mainland. Click link for 3D tour!

56 days
498
35

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
3/4 bathrooms: 1

Rooms

Room types: Den/Office, Spa/Sauna

Bedroom

Level: Main
Area: 207 Square Feet
Dimensions: 11.5 x 18

Dining room

Level: Main
Area: 64 Square Feet
Dimensions: 8 x 8

Kitchen

Level: Main
Area: 99.75 Square Feet
Dimensions: 9.5 x 10.5

Living room

Level: Main
Area: 172.5 Square Feet
Dimensions: 11.5 x 15

Loft

Level: Upper
Area: 112 Square Feet
Dimensions: 8 x 14

Office

Level: Main
Area: 92 Square Feet
Dimensions: 8 x 11.5

Heating

Baseboard, Fireplace(s), Propane, Electric

Cooling

None

Appliances

Included: Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, Washer
Laundry: Main Level, Dryer Hook-Ups, Washer Hookup

Features

Ceiling Fan(s), Natural Woodwork, Sauna, Vaulted Ceilings, Beamed Ceilings
Has basement: Yes
Number of fireplaces: 1
Fireplace features: Free Standing

Interior area

Total interior livable area: 1,049 sqft
Finished area above ground: 1,049
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: None, Detached, Electrical Service, Heat, Insulation
Garage spaces: 1

Features

Patio & porch: Deck
Exterior features: Dock
Has view: Yes
View description: Inland Lake, Panoramic
Has water view: Yes
Water view: Lake
Waterfront features: Inland Lake, Waterfront Access(Public), Shoreline Characteristics(Rocky)
Body of water: Vermilion
Frontage length: 380

Lot

Size: 2.81 Acres
Dimensions: 467 x 348
Features: Irregular Lot, Tree Coverage - Heavy, Rolling Slope, BWCA Access

Details

Additional structures: Sauna, Storage Shed, Bunkhouse
Foundation area: 1008
Parcel number: 387002003925
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood, Frame/Wood
Foundation: Rock
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 2000

Utilities & green energy

Electric: Lake Country Power
Sewer: Private Sewer
Water: Private

Community & HOA

HOA

Has HOA: No

Location

Region: Tower

Financial & listing details

Price per square foot: $523/sqft
Tax assessed value: $149,800
Annual tax amount: $4,117
Date on market: 8/28/2026
Cumulative days on market: 57 days
Listing terms: Cash,Conventional

Estimated market value

$501,900

$477,000 - $527,000

$1,274/mo

Price history

Date	Event	Price
8/28/2026	Listed for sale	$548,500$523/sqft
Source: Range AOR #150608 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2013	$1,132 +2%	$126,000
2012	$1,110 +3.1%	$126,000
2011	$1,077 -45%	$126,000 -40.4%
2009	$1,957 +8.6%	$211,300 -4.6%
2008	$1,801 +22.2%	$221,500 +24.1%
2007	$1,474 +36.5%	$178,500 +77.6%
2005	$1,080 +12.3%	$100,500 +20.6%
2004	$962	$83,300