$1,275,000
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80078 Waters of Vermilion RD RD, Tower, MN 55790

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SUBSTANTIAL PRICE REDUCTION! Waters of Vermilion is a once-in-a-lifetime investment or private estate opportunity. This beautiful property consists of up to 40 development lots and community common elements on popular Lake Vermilion in northeastern Minnesota. This sustainable/green lake home community provides maintenance free living, allowing its residents time to enjoy their time in the Minnesota Northwoods without the maintenance concerns associated with ownership.Either the entire development or individual lots are for sale, and there are several development scenarios that a new owner could pursue: smaller, eco-friendly homes that fit into the existing plan and/or tiny homes (a conservation development), and larger "second" homes. There has been over $3.3M of improvements invested in the Property and infrastructure is in-place: roads, utilities, water and sewer have been installed. The Property is permitted for 24+ boat docks. Opportunity Zone investment.

Listing By: Frank Jermusek - Northco Real Estate Services mnrmls Realty.com
  • MLS# 6469825
  • Date Listed05/30/2023
  • Bedrooms 0
  • Bathrooms
  • Lot Size 34 acres (1,481,040 sq. ft)
  • County St. Louis

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 34.00
  • Lot Size SQFT 1,481,040.00
  • Lot Features Rolling Slope, Waterfront

Directions

About 90 minutes north of Duluth and 2.5 hours from the Twin Cities. From Virginia, MN: Hwy 169 to Hwy 77 North on 77 to County Road 104 (follow signs to Fortune Bay) East on Cty Rd 104 approx 1 mile to Waters of Vermilion Road Turn Right (south) on Waters of Vermilion Road

Financial Considerations

  • Tax Amount $17,962
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 55790

Explore the local neighborhood highlights and top-rated schools near 55790 in Tower, MN.

Nearby Schools

Source: School Digger

Tower-soudan Secondary

Public • PK - 6 • Serves this home

5.93 mi

Distance

North Woods Elementary School

Public • PK - 6

28.22 mi

Distance

Cherry Elementary School

Public • PK - 6

44.55 mi

Distance

South Ridge Elementary

Public • PK - 6

80.17 mi

Distance

North Woods Secondary School

Public • 7 - 12 • Serves this home

28.22 mi

Distance

Cherry Secondary School

Public • 7 - 12

44.55 mi

Distance

South Ridge Secondary

Public • 7 - 12

80.17 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 55790

Discover key demographics, population statistics, and environmental insights for the Tower, MN area.

Population & Environment

Source: Sperling's Best Places

Walkability in MN / 55790

Source: Walk Score

1/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

20/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 19/100.

Points of Interest near 80078 Waters of Vermilion Rd Rd, Tower, MN 55790

Frequently Asked Questions for 80078 Waters of Vermilion RD Rd

Source: Realty.com

80078 Waters of Vermilion Rd Rd, Tower, MN 55790 in Tower, MN 55790 is a land listed at $1,275,000. Highlights include 34.00 acre lot. Realty.com has 17 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 17 photos of 80078 Waters of Vermilion RD Rd.

The full address for this home is 80078 Waters of Vermilion Rd Rd, Tower, MN 55790.

80078 Waters of Vermilion RD Rd has been listed on Realty.com since Tue May 30, 2023

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 19/100.

There are 2 schools assigned to this home. Check out the schools near 80078 Waters of Vermilion RD Rd. Tower-soudan Secondary (Grades: PK - 6), North Woods Secondary School (Grades: 7 - 12)

Listing provided courtesy of: Northco Real Estate Services (tel: 952-820-1615)
Listing agent: Frank Jermusek (tel: 612-385-5546) (#502290475)

This content last refreshed on 2026-10-17 10:15:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.