One-of-a-kind Lake Vermilion legacy property, masterfully designed by renowned architect Dale Mulfinger. Set on 83 acres with 1,400′ of shoreline, this year-round, private retreat offers unmatched seclusion, architectural excellence, and breathtaking natural beauty. Thoughtfully positioned to blend seamlessly with its surroundings, the home incorporates an open kitchen/dining/living room all with spectacular views of Vermilion. The master bedroom suite on the main floor includes a home office, bathroom and sauna, walk-in closet and bedroom with lake views. Upstairs is a bathroom, library/extra sleeping area and two large bedrooms, both with lake views. Other features include screened-in porch and deck off of kitchen/dining room, double sided Tulikivi soapstone fireplace, both attached heated and detached garage, log bunk house trails throughout. Solar panels supplement electricity for the house. Property comes mostly furnished with some equipment and tools. Gradual trail to dock.
1400' of shoreline
250-0020-00280/00290/00275
Detached 30x36 log garage and attached garage
In floor heat, wood fireplace
$9471/yr, non-homestead
Walkout basement with utility room
Also includes Argo, Tractor and tools
One dock wtih gradual trail down to the dock from the home
Living on Lake Vermilion offers a unique blend of luxury, wilderness, and year-round outdoor recreation in the heart of northern Minnesota. Known for its exceptionally clear water, rugged rock shoreline, towering pine forests, and more than 365 islands, the lake provides a peaceful Northwoods lifestyle with breathtaking scenery in every season.
Residents and visitors enjoy world-class fishing for walleye, muskie, bass, and northern pike, along with boating, kayaking, swimming, and waterfront entertaining throughout the summer months. The surrounding area offers direct access to the Superior National Forest, scenic hiking and ATV trails, and endless opportunities for outdoor adventure.
In winter, Lake Vermilion transforms into a recreation destination with snowmobiling, ice fishing, cross-country skiing, snowshoeing, and access to extensive groomed trail systems. Nearby Ely and the Boundary Waters Canoe Area Wilderness provide additional recreation, dining, shopping, and wilderness exploration, while Lake Vermilion-Soudan State Park offers hiking, camping, and historic attractions.
Whether used as a seasonal retreat or a full-time residence, living on Lake Vermilion means enjoying privacy, natural beauty, and an authentic northern Minnesota lake lifestyle unlike anywhere else. Lake Vermilion is known as one of Minnesota’s premier lake destinations, especially for people who want a mix of rugged wilderness and high-end lake living. A few things really set it apart:1. Incredible fishing3. Hundreds of islands = privacy
There are over 300 islands, which means secluded cabins, quiet bays, and a true “get away from it all” feel—something that’s rare even in northern Minnesota.
4. Boundary Waters–style wilderness (without the restrictions)
Part of the lake borders Superior National Forest and Soudan Underground Mine State Park. You get that remote, untouched vibe, but with easier access, larger homes, and modern amenities.
5. Boating & recreation
Because of its size, it’s ideal for boating, island hopping, watersports, and exploring. It’s not just a fishing lake—it’s a full recreational destination.
6. High-end cabin and estate market
Lake Vermilion is known for luxury lake homes and legacy properties, especially large parcels with significant shoreline—making it a top-tier market in northern Minnesota.
7. Dark skies & natural beauty
Minimal development in many areas means incredible sunsets, star-filled skies, and even northern lights viewing.
In short, Lake Vermilion is known for combining true Northwoods wilderness with luxury-level lake living, which is why properties there are often considered generational or “once-in-a-lifetime” holdings.
Broker - Owner - Realtor at B.I.C. Realty Call/text: 218-780-0315 julia@bicrealty.com