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PROPERTY DETAILS

MLS# 6578007

8450 Vermilion Drive, Beatty Twp, MN 55723

List Price: 2,795,000

MLS#: 6578007

Property Details

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

Style

Resort

Type

Commercial Sale

Zoning

Business/Commercial,Other

Year Built

1960

School District

St. Louis County

County

St. Louis

Lot Size

Irregular

Acreage

88 acres

Above Grd

0 sq ft

Below Grd

0 sq ft

Tax $ / Year

$3,892 / 2023

Additional Features

Cooling

Wall Unit(s)

Driveway

Exterior Features

Log Siding, Wood Siding

Foundation

4720.00

Fuel Source

Propane

Handicap Access

None

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Sewer Service

Septic System Compliant - Yes

Water Service

Well

Water Heater

Parking Lot

Open

Exterior Construction

Utilities

Electric Separate, Heating Separate

Laundry

N

X

Cooling

Wall Unit(s)

Driveway

Exterior Features

Log Siding, Wood Siding

Foundation

4720.00

Fuel Source

Propane

Handicap Access

None

Heating

Baseboard

Sewer Service

Septic System Compliant - Yes

Water Service

Well

Water Heater

Parking Lot

Open

Exterior Construction

Utilities

Electric Separate, Heating Separate

Laundry

N

X

Rooms

Size

Level

Floor

Water Front

Waterfront Type

Lake Front

Waterfront Elevation

-

Waterfront Slope

-

Waterfront Clarity

-

Includes

Building, Business Assets, Business, Fixture/Equipment, Inventory

Listing Agency

Northco Real Estate Services