Viita Excavating. Find Lake Homes for sale on Lake Vermilion, in MN. Whole Private Island On Frazer Bay, Lake Vermilion, Secluded Retreat In Towering Pines, Short Boat Ride Across Calm Water To Choice Of Landings. )(All data was sourced from the Range Multiple Listing Service.). 866-436-SOLD (7653) (check out their home pages for) East Range Area, and Lake Vermilion. Contact Janisch Realty about buying or selling real estate in Northern Minnesota. Search for more lake homes for sale at LakehomesMinnesota.com. Market activity for the first half of the year suggested strong performance with a shot at near record annual sales. . Mid summer sale totals are not necessarily a great indicator of the final calendar year market performance. Land, cabin and home properties were snapped up by anxious buyers who, apparently, were largely driven by the attraction of an up north refuge removed from the pandemic, politics, and other people. View active FSBO listings on Lake Vermilion in Tower, MN. The total dollar amount for sales in 2018 was $23,227,050. (These numbers include sales for all property types… homes, cabins, year round, seasonal, vacant lots, road access, water access.). 2019 can now formally be referred to as “recent history”. May 18, 2008 LAKE VERMILION Rustic cabin resting on a new foundation within walking distance of Timbuktu Marina and Lake Vermilion has the look and feel of times gone by and is waiting for you to finish to your taste. Water access: 1 home / 0 lots, Re Max The 2018 Lake Vermilion real estate market finished with 72 completed sales. Search MLS listings. With over 150+ years of experience, our professional real estate team is waiting to give you personalized attention and the professional service you deserve in buying or selling property. The average sales amount for the 2016 group was $295,077. Boundary Waters Bank - Ely, MN Minnesota DNR Lakefinder At Underground Mine State Park, you can tour the underground mine, walk the West Tower Mine Trail, or bike part of the Mesabi Trail. 3bd. ... Tower, MN Lakeshore Real Estate #3yd-RMLSMN-5628336. The second half of the year will, as always, reveal the full story. Zillow has 24 homes for sale in Cook MN matching Lake Vermilion. In 2017 on the Range MLS with Vermilion as the lake there were about 17 waterfront residential sales with Cook as the city. There is a large living room with wood burning rock fireplace as its focal point. The Standing Bear Marina, Lake Vermilion, Minnesota, & Ely Island real estate lots are for sale. » Get a no-obligation estimate of your real estate market value. View 14 photos for Lake Vermilion, Cook, MN 55723 a bed, bath, . Browse current FSBO real estate listings and get in contact with the seller of your perfect home on Lake Vermilion in Tower, Minnesota. Land Department, LakeVermilion.com 4,200 sqft. Tower, MN. The City of Virginia is a half-hour away from where restaurants, retail stores, and hotels are abundant. 67 Midway Drive. Browse photos and price history of this 3 bed, 1 bath, 1,472 Sq. ... Keenan Island Lake Vermilion, Tower, Minnesota MN 55790. Contact Janisch Realty about buying or selling real estate in Northern Minnesota. (As always, the grey lines show previous years and the red line represents the 2017 YTD sales.). The total dollar amount for sales in 2018 was $23,227,050. Lake Vermillion offers a variety of activities while also being a supreme location to relax. Please Contact Us! Orr, MN It is more than a casino, though, and it also boasts a restaurant, grill, buffet, bar, a golf course, resort, RV park, sauna, and more. This mostly recreational market typically logs more completed sales in the second half of the selling season. Locate Realtors selling Lakefront Houses and Waterfront Real Estate. As a reminder… the historical average ice out date for the lake is April 30th. $1,425,000. Frandsen Bank 407 Main Street. Greenwood Township Lake Vermilion, Cook, MN 55723 - realtor.com® × It looks like Cookies are disabled in your browser. (As always, the grey lines show previous years and the red line represents 2018 data.). Lake Vermilion Properties 35 Lake Vermilion Homes & Lots from $300k to $500k Lakeplace.com Featured Listings (view all featured listings) Crane Lake, MN Such Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Anglers come from all over for its largemouth bass, black crappie, bluegill, walleye, northern pike, perch, and tullibee. This page utilizes third-party mapping services and does not make any warranties or representations about the accuracy or completeness of these services' representations. You will be able to locate all types of real estate in local cities such as Hibbing, Chisholm, Virginia, Mt. The waters are 20 feet deep on average but can be as deep as 76 feet. Get on it. Anywhere you are in the wooded region, you have chances to spot a variety of birds along with deer, moose, elk, and bear. Both of those numbers increased slightly from 2017 despite 3 fewer transactions. land built in . Zillow has 24 homes for sale in Tower MN matching Lake Vermilion. We specialize in waterfront real estate and can help you easily and comfortably navigate your way to the finest properties on Vermilion, Elbow, Crane, Pelican, Elephant, Ash, Kabetogama or Rainy Lakes. Chamber of Commerce Vermilion Land However, it appears mid summer activity has increased to the point where lost ground may be regained in the next few months.”. Office Locations . VERMILION LAKE. Lake Country Power The total dollar amount for sales in 2017 was $23,661,600. ... Real estate listings held by brokerage firms other than Range Board of REALTORS® are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker. General Information The average sales amount for that group was $315,488. Lake Vermilion Area real estate is considered a limited supply market for lake homes and lake lots in Minnesota. (As always, the grey lines show previous years and the red line represents current year data.). There is a minor trend observed since 2015 with successively fewer sales each year during that four year time frame… 89/2015, 85/2016, 75/2017, 72/2018. The largest factor so far has been the sluggish start in the first three months of the year that occurred largely before the noted events had become daily headlines. 11 talking about this. Lake Vermilion Area Real Estate Agent. Virginia, MN 55792. 2016 brought strong historical sales within the Lake Vermilion real estate market. Located in Minnesota, Vermilion Lake - Greenwood Twp real estate is the largest market in the state for lake homes and lake lots. 2 Bedrooms. match your specific interests. Culbert Realty, Century 21 Sort: ... Keenan Island Lake Vermilion. ), View current lakeshore listings on this map, » Lake Vermilion Real Estate RSS The typical average list prices of Vermilion Lake - Greenwood Twp homes for sale is $546,000. Once settlers discovered its beauty, so were its ore deposits. It's free! More About Lake Vermilion Area ». The inventory of active Lake Vermilion listings eroded throughout the calendar year to where, at this point in time, inventory numbers are at very low historical levels. Use our search tool to browse Lake Vermilion homes for sale. Please drop me a note! Janisch Realty When Lake Vermilion freezes, ice fishing, ice skating, and snowmobiling become popular activities. Coldwell Banker At this point of the selling season that seems unlikely. Lake Vermilion lake homes for sale are numerous in the Cook, MN area. That’s an increase of $7,313 from the 2015 average of $287,764. Do you need additional information on the Lake Vermilion area real estate market? Located in an area of breathtaking scenery west of Eagle Island where there are sparkling bright blue bays created by small islands & miles of picturesque mainland coastline. Lake Vermilion is located between the towns of Tower on the east and Cook on the west, in the heart of Minnesota’s Arrowhead Region at Vermilion Iron Range. Homes for Sale (Updated Listings <15 Days) Lake Homes & Cabins for Sale (Updated Listings <15 Days) Lake Vermilion. Some listings have been excluded from this website. Selected real estate, notes, stories, musings, and anecdotes. The waters of Lake Vermilion offer walleye, bass, northern pike, muskies, and panfish. Pontoons, powerboats, jet skis, and other motorized boats speed the vast expanse. BoardWalkPremierRealty.com Dan Anderson. Lake Vermilion was first called the “Lake of the Sunset Glow” by the Obijwe Indians. Again, as a teaser for the coming 2021 market… January 2021, to date, has produced 9 completed and pending sales. Request and receive timely email notices on listings that Water access: 3 homes / 6 lots, Road access: 8 homes / 6 lots Area Supplies and Services 95228 pine - tower mn. Lake Vermilion lake homes for sale are numerous in the Cook, MN area. The buyer and seller mix and level of motivation on both sides should remain mostly balanced with no significant change expected in seller inventory or buyer interest. The year-to-date chart noted below shows a trend currently within historical numbers. I am also happy to provide additional information on the Lake Vermilion real estate market. The 2018 Lake Vermilion real estate market finished with 72 completed sales. Bear Island Land. Lake homes for sale on Vermillion Lake in the Tower MN area. However, completed sale numbers after the summer months lapsed into the “less than stellar” category which resulted in a year end performance similar to 2018. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. American Bank - Cook, MN 4158 GOLD MINE - TOWER MN. Water access: 6 homes / 13 lots, Road access: 3 homes / 9 lots At this point in time, there is no indication the typical factors that normally affect this local real estate market will be influential in 2020. )(All data was sourced from the Range Multiple Listing Service.). If you have an interest… I am also happy to provide additional information on the Lake Vermilion real estate market. Northern State Bank - Virginia, MN, Arrowhead Abstract Ely, MN, The Timberjay Northland Realty is a full service Real Estate leader serving Northeastern Minnesota's Lake Vermilion, Iron Range & Arrowhead Regions. Let me know if you have any questions or if you would like more information. NORTHWOODS LAND OFFICE. )(All data was sourced from the Range Multiple Listing Service.). Look at this 2020* year end graph (see below). The great waters cover nearly 40,000 acres. Locate Realtors selling Lakefront Houses and Waterfront Real Estate. The total dollar amount sold was $37,379,550 (+$12,901,868 from 2019) with an average sale amount of $370,094 (+$25,338 from 2019). In the 1940's many folks declared Lake Vermilion one of the top ten most scenic lakes in the United States. Each of our real estate agents and real estate appraisers can work with you from any one of our three office locations across northeastern Minnesota. Virginia, MN 310 S 2nd Ave W Virginia, MN 55792 (218) 741-8985 (Tel) (218) 741-8984 (Fax) (866) 753-8985 (Toll-Free) Details Page 3 Advertise Lakeview Property. This increased activity pushed a market that, for several years, has not significantly favored buyer or seller to a market with a seller advantage. Lake Vermilion real estate market sales for the 2017 calendar year finished a distant third to the previous two calendar years. Public Records All information is deemed reliable but not guaranteed accurate. The next few months will reveal either a familiar, or, perhaps, a surprise ending. . See property details, photos and open house info for Vermillion, MN real estate. Residents can also be more adventurous by taking part in windsurfing and sailing on the lake. (As with all previous graphs, the grey lines show prior years and the red line represents 2020 data. (As always, the grey lines show previous years and the red line represents 2019 data. mls# 5632820 - lake home | 2 bedrooms | 1 bathroom vermilion lake . Comparative Lake Vermilion YTD Sales (Final 2020), Comparative Lake Vermilion YTD Sales (First Half 2020), Comparative Lake Vermilion YTD Sales (Final 2019), Comparative Lake Vermilion YTD Sales (First Half 2019), Comparative Lake Vermilion YTD Sales (Final 2018), Comparative Lake Vermilion YTD Sales (Through The 3rd Quarter Of 2018), Comparative Lake Vermilion YTD Sales (First Half 2018), Comparative Lake Vermilion YTD Sales (Final 2017), Comparative Lake Vermilion YTD Sales (through the first half of 2017), Comparative Lake Vermilion YTD Sales (Final 2016). We at RE/MAX Lake Country hope to be your primary resource for homes/cabins in beautiful Northern Minnesota. Tower, MN The reason or reasons for the small number of early closed sales is anyone’s guess. Environmental Services “As always, larger factors on the state, national or global stage may come into play.” RIGHT. View active FSBO listings on Lake Vermilion in Tower, MN. Planning Office Locate Realtors selling Lakefront Houses and Waterfront Real Estate. The available inventory adjusts to first of the year levels as some sellers remove their property from the MLS systems. The brisk mid year sales gave way to a significant end of year fade into the stretch which resulted in a final 2017 completed sale count of 75 transactions. The area was mined from the late 19th century until the 1960s, and the Soudan Mine operated just south of the lake. Check back soon. To match the break out years of 2015 and 2016 and additional 30+ closed transactions are needed. We’ll have to see how it plays out… hopefully with an overall sense of future optimism. Search MLS listings. 2018-2019 brought Lake Vermilion a bonafide winter with subzero temperatures and ample snow for outdoor fun. That’s only 70 days to get ready for your Lake Vermilion summer. 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