Lake Vermilion Lake Shore Lot - Road Access, 325\' Lakeshore, 9.97 Acres

Wilderness Way Rd, Orr, MN 55771

$365,000 After Repair Value -
$239,000 Asking Price -
$0 Cost of Repairs =
$126,000 Potential Profit

Property Details

Asking Price $239,000

After Repair Value $365,000

Costs of Repairs $0

Potential Profit $126,000

Living Area N/A

Property Type Land

Bedrooms 0

Bathrooms 0

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Road accessible, extremely private, Lake Vermilion lakeshore lot with acreage for you to build your home. 325 Feet of south west facing lakeshore on 9.97 acres offers beautiful sunsets. Only 20 miles from Cook, private end of the road location, abundant wildlife. This surveyed property includes several potential building sites, a cleared and leveled 40’ x 100’ parking area which could be used for a future garage, and a 60’ x 120’ sport court. The sport court has a reinforced concrete base and is completely fenced. It is setup as a full size tennis court and basketball court and is lighted. A 8’x12’ storage shed with power is included. Power is located at the leveled lot and the sport court. The property abuts tax forfeited / state land offering you access to thousands of more acres. Federal land across the bay cannot be built on insuring future privacy. Save significantly on building costs with road access, cleared areas and power location already taken care of for you.

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