Lakeshore Investment Opportunity: Multiple Build Sites On Legendary Lake Vermilion
Price:
$700,000
Acreage:
17.1
County:
Saint Louis
State:
Minnesota
Property Description
Perfectly positioned to overlook Lake Vermilion’s Daisy Bay and just south of Frazer Bay, these three separate tracts combined to 17.1 acres offer a number of investment opportunities, or stunning home build sites with shoreline access on one of North America’s premier freshwater fisheries. Tract E is located directly on the lake, while Plot B and C are just north on Fectos Road, and both plots come with a quarter interest in Tract D, which is a 1-acre lakeside plot immediately adjacent (east) to Tract E. The interests will allow for dock and boat slip placement for Plot B and C owners.Plots B (8.2 acres) and C (7.9 acres) feature a beautiful mix of hardwoods and pines, gently rolling hills, absolutely covered in deer tracks, by the way, and drop into a tamarack swamp on the east side. Each presents various build sites with a number of pre-approved future septic locations, complemented by paved road frontage. The opportunities to build a gorgeous lake-country cabin or a forever home are impressive and might offer the most beautiful views on the lake.
The three properties are located 12 miles northwest of Tower, Minnesota, and 15 miles east of Cook, Minnesota - both communities offer simple access to convenience, grocery, hardware, and lumber stores, and mixed in are a number of fantastic restaurants complemented by various meat raffles.
While Lake Vermilion is a renowned world-class muskie and walleye fishery, the crappie and bluegill fishing is often overlooked, yet exceptional. However, the large and smallmouth bass fishing has recently garnered national attention - it’s among the very best in the state, let alone the country. The fishing at Vermilion is tremendous all year long - but there are also abundant opportunities for whitetails, black bears, wild turkeys, grouse, and more. I’m certain I saw moose tracks while traversing the properties.
Property Features
- 3 separate parcels and build-site options
- Overlooking Vermilion’s famed Daisy Bay
- Plots B and C carry a quarter interest in Tract D to serve lakeshore access
- Plots B and C and Tract E offer pre-approved and breathtaking build sites
- Paved road frontage
- Pre-approved septic locations
- Amenities and utilities immediately available
- Less than 20 minutes from Tower and Cook, MN
- World-class walleye, muskie, panfish, and bass fishing
- Whitetail, bear, turkey, and grouse hunting opportunities
- Tremendous investment opportunity
- 4-season outdoor lifestyle accessibility
