8450 Vermilion Drive, Beatty Twp, MN
$2,795,000 - Lake Vermilion
4,720
Square feet
88.00
Acres
About 8450 Vermilion Drive
This private resort captures a serene wilderness setting with 5 charming cabins on ±88 acres and ±3,000 feet of shoreline on the most remote automobile-accessible area of Lake Vermilion. The Property offers several activities and amenities including paddle boats, kayaks, canoes, a sauna, a 2-mile-long driveway for biking or jogging, and much more. Significant additional development potential exists given the fact that the Property is situated on ±88 acres. This property is located in an opportunity zone. The Property is located on Black Bay on Lake Vermillion in the heart of Minnesota's Arrowhead Region; a mere 17 miles northeast of Cook, MN, 40 miles north of Virginia, MN, 110 miles north of Duluth, and just 240 miles north of the Twin Cities Metropolitan Area.
Features of 8450 Vermilion Drive
| MLS® # | 6578007 |
|---|---|
| Price | $2,795,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,720 |
| Acres | 88.00 |
| Year Built | 1960 |
| Type | Commercial |
| Sub-Type | Resort |
| Style | Resort |
| Status | Active |
| Contingency Type | None |
| Lake Name | Lake Vermilion |
Community Information
| Address | 8450 Vermilion Drive |
|---|---|
| Subdivision | Beatty Town Of |
| City | Beatty Twp |
| County | St Louis |
| State | MN |
| Zip Code | 55723 |
Amenities
| Amenities | Beach, Other, Patio, Porch, Sauna |
|---|---|
| Garages | Open |
| View | Bay |
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Construction | Log Siding, Wood Siding |
|---|
School Information
| District | St. Louis County |
|---|
Additional Information
| Zoning | Business/Commercial,Other |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $3,892 |
| Tax Year | 2023 |
| Office | Northco Real Estate Services |
Listing Details
| Office | Northco Real Estate Services |
|---|