For Sale
$2,795,000

Vermilion Dr Cook, MN 55723

88-Acre Resort, 5 Cabins, Stunning Views

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 88-acre resort on Lake Vermilion offers five furnished cabins sleeping 26 guests, plus nine additional buildings including a main lodge and private retreat. Boasting approximately 13,000 feet of pristine shoreline, the property includes a sauna, nature trails, and a two-mile driveway ideal for biking or jogging. With significant development potential, this property is situated in an Opportunity Zone and presents a rare opportunity for expansion. Located just four hours from the Twin Cities and two hours from Duluth, Minnesota, this property sits on one of the Midwest's most popular recreational lakes, renowned for its world-class fishing and breathtaking scenery. The 2,400 square foot main area, built in 1960, is complemented by the expansive acreage, offering a unique blend of established amenities and vast undeveloped land. The property's location on Black Bay provides exceptional privacy and access to the lake's many recreational opportunities. This versatile property is suitable for continued operation as a resort, or for conversion into a private estate, family compound, hunting and fishing lodge, or corporate retreat. The property's zoning allows for a variety of commercial uses, making it a truly unique investment opportunity in a highly desirable location. The property's address is on Vermilion Dr, Cook, MN 55723.

Highlights

  • $2,795,000 asking price for an 88-acre resort/retreat on Lake Vermilion, Minnesota.
  • Five furnished cabins accommodating 26 guests, plus nine additional buildings including a main lodge and private retreat.
  • Amenities include a sauna, nature trails, and a two-mile driveway ideal for biking/jogging.
  • 88 acres with significant development potential, situated in an Opportunity Zone.
  • Exceptional location on Lake Vermilion, a premier recreational lake renowned for fishing and scenic beauty, approximately four hours from the Twin Cities.

Property Details for 0 Vermilion Dr

Property type
Land, Hospitality properties
Square Feet
2,400 SF
Year Built
1960
Lot Size (sq. ft)
3,702,600 SF

Location Insight

City
Cook
County
St. Louis
State
Minnesota
Latitude
47.9100561
Longitude
-92.6576981

FAQs

What type of property is this?
Land - 88-Acre Resort, 5 Cabins, Stunning Views
Where is the land located?
The property is located at Vermilion Dr Cook, MN.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: $2,795,000 asking price for an 88-acre resort/retreat on Lake Vermilion, Minnesota.; Five furnished cabins accommodating 26 guests, plus nine additional buildings including a main lodge and private retreat.; Amenities include a sauna, nature trails, and a two-mile driveway ideal for biking/jogging.
How can I contact the broker?
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0 Vermilion Dr
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