8450 Vermilion Drive
Beatty Twp, MN 55723
Price: $2,795,000
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.
Basic 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 |
| Number of Units |
5 |
| Lake Name |
Vermilion |
| Lake Depth |
76 ft |
| Water Frontage |
3,000 ft |
| Tax $ / Year |
$3,892 / 2023 |
| Tax ID |
|
| Legal Description |
|
Includes:
Building,Business Assets,Business,Fixture/Equipment,Inventory
Additional Features
| Government Programs |
|
| Section |
1 |
| Terrain Type |
|
| 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 |
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