TBD Lagoon Road, Tower, MN 55790 (MLS# 7114343)

TBD Lagoon Road, Tower, MN 55790

$249,000
Property Type: Land Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $249,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

Description

Discover an incredible opportunity to own an affordable mainland lot on sought after Lake Vermilion in the heart of beautiful Northern MN. Whether you're dreaming of building the perfect lake home or cabin, or simply parking your RV & enjoying the lake lifestyle, this property offers endless possibilities. Building pad and dock on site. Ideally located just 7 miles from town & 3 miles from Fortune Bay Casino & golf, you'll enjoy easy access to miles of hiking/biking/ATV & snowmobile trails, making it a true four season destination. Spend your days boating to lakeside restaurants, fishing one of Minnesota's premier lakes, with it's 365 islands & 1200 miles of shoreline, & relaxing around your own lakeside fire pit. Affordable mainland lots on Lake Vermilion are rare, especially in this price range. Don't miss your chance to secure your own piece of one of Minnesota's most desirable lakes before it's gone! Seller will accept a short term CFD this year or a closing in 2027.

Listing Details MLS# 7114343

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
75
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Lot, Shoreline, Residential-Single Family
Lot Dimensions
413x76
Acres
0.64
Lake/Waterfront Name
Vermilion
Power Company
Lake Country Power
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Electricity Available; None Connected Development Status: Raw Land Improvements: None Lake Details: Undeveloped Land Inclusions: Dock; Platted Lock Box Type: None Lot Description: Accessible Shoreline; Tree Coverage - Light Road Frontage: County Road Road Responsibility: Public Maintained Road Sellers Terms: Contract for Deed Topography: Level; Rolling Waterfront Type: Lake Front Waterfront View: Lake

Contract Information

Contingency
None
Original List Price
249000
ListPrice
249000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
TBD
Street Name
Lagoon
Street Suffix
Road
Postal City
Tower
County
St. Louis
State
MN
Zip Code
55790
Complex/Dev/Subdivision
Sacred Heart Of Jesus Beach 1st Add

Assessments

Tax With Assessments
460
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Lake Details

Lake Acres
39272
Lake Depth
76
Undeveloped
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
16
Section#
34
Township#
62

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT: 0010 BLOCK:000 Sacred Heart of Jesus Beach 1st Addition
Listing City
Tower
Map Page
999
Municipality
Tower
School District
St. Louis County
School District Phone
218-749-8130
DNR Lake ID#
69037800
DNR Lake Classification
General Development
Zip Plus 4
1111
Property ID Number
387033500100
Tax Year
2026
Tax Amount
460
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Discover an incredible opportunity to own an affordable mainland lot on sought after Lake Vermilion in the heart of beautiful Northern MN. Whether you're dreaming of building the perfect lake home or cabin, or simply parking your RV & enjoying the lake lifestyle, this property offers endless possibilities. Building pad and dock on site. Ideally located just 7 miles from town & 3 miles from Fortune Bay Casino & golf, you'll enjoy easy access to miles of hiking/biking/ATV & snowmobile trails, making it a true four season destination. Spend your days boating to lakeside restaurants, fishing one of Minnesota's premier lakes, with it's 365 islands & 1200 miles of shoreline, & relaxing around your own lakeside fire pit. Affordable mainland lots on Lake Vermilion are rare, especially in this price range. Don't miss your chance to secure your own piece of one of Minnesota's most desirable lakes before it's gone! Seller will accept a short term CFD this year or a closing in 2027.
Directions
Hwy 53 North to Hwy 169 North towards Tower. Turn left on Hwy 77 (at "Y" store), turn right on Lagoon Road, stay left to property/sign. Property is immediately after Fire #1332 on the right.

Development Status

Raw Land
Yes

Insurance Fee

Insurance Fee
0

Lock Box Type

None
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Light
Yes

Restriction/Covenants

None
Yes

Road Frontage

County Road
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Contract for Deed
Yes

Topography

Level
Yes
Rolling
Yes

Waterfront Type

Lake Front
Yes

Waterfront View

Lake
Yes

Available Utilities

Electricity Available
Yes
None Connected
Yes

Improvements

None
Yes

Land Inclusions

Dock
Yes
Platted
Yes
IDX
Listing Office: Vermilion Land Office, Inc.
Last Updated: August - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.