1 year on rocket

Peninsula Lake Vermilion N N, Tower, MN, 55790

$174,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
ViewOther, Lake, Panoramic
MLS #6248054
StatusActive

About Peninsula Lake Vermilion N N

Rare—Build Your Nest On This Lake Vermilion Peninsula Near The Boundary Waters, Short Motorboat Ride Across Calm Water To Choice Of Marinas. Large & unspoiled 2.6 acre parcel w/Apx 1,235 ft shoreline, sunrise to sunset views w/eastern, southern & western exposure. For travelers from down-state, the closest entry point to the BWCAW is through Lake Vermilion’s Trout Lake, just 3 miles from this property. Enjoy the 40,000 acres of water on Lake Vermilion w/waterside restaurants, docking at a championship golf course & casino and some of the best fishing on the continent or start your next Boundary Waters trip from your doorstep! Majestic stands of towering pines & rock outcroppings.

Property Details

Property Features

Listing Office:

  • Office Name: Janisch Realty, Inc

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Other, Lake, Panoramic

Lot Features

Lot Information:

  • Lot: Irregular Lot, Island/Peninsula, Many Trees

Other

Directions Information:

  • Directions: By boat. W. of Glenwood Lodge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,000
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Housing Market Comparison

See how this home compares to others in Tower, MN.

Med. Sold Price

$397K

Med. Price/SqFt

$336

Avg. Days On Market

270

# of Sold Homes

4

Peninsula Lake Vermilion N N vs Tower

546 DAYS ON ROCKET

+276 Days

$174,000

-$223K Less

KEY TAKEAWAY

This property is $223K less than the Median Sold Price in Tower, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6248054

Listing Office:

  • Office Name: Janisch Realty, Inc

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$936

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$588

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-988004
2
/10
  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 5.24 miles

  • Public District Grades PK-6

school-card-donut-988005
7
/10
  • Washington Elementary School

  • 600 E Harvey St

  • 16.34 miles

  • Public District Grades PK-5

school-card-donut-988006
4
/10
  • Babbit Elementary School

  • 30 South Dr

  • 16.36 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,340. The most common annual income of people living in Tower, MN is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Peninsula Lake Vermilion N N

What is the listing price of this property?

The listing price of Peninsula Lake Vermilion N N property is $174,000.

What type of property is this?

The property Peninsula Lake Vermilion N N is land located in Tower, Minnesota, 55790.

Is this property for sale now?

Active Listing: Peninsula Lake Vermilion N N is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesMinnesotaSaint Louis CountyTower55790Peninsula Lake Vermilion N N

This home is located at Peninsula Lake Vermilion N N in Tower, MN and zip code 55790. It has been listed on Rocket Homes since June 24, 2023 and is currently priced at $174,000.

In November 2024 more than 0 listings in Tower, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Tower, MN between October 2024 and November 2024 decreased by 15.6%. While the average time on the market in November 2024 was 270 days, the median list price was $397,000.

From Rocket Homes Real Estate and based on county public records data.

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