Building Sites on Lake Vermillion

Anxious to sell! Owners will group 3-4 lots together with lake front and private docks starting at $300,000

Vermilion Estates offers Northern Minnesota real estate lakeshore property for sale on Pike Bay of Prestigious Lake Vermilion.

• An investment with excitement and comforts.
• A common interest of 21 home sites sharing 66 acres of big timber. The sites are lakefront, lake view or lake access with community sewer, water and electric to the lot. The entrance will be gated, the road maintained and plowed year-round and a community dock provided.
• Vermilion, famous as one of the most beautiful lakes in Minnesota, is a Canadian shield lake of 49,110 acres of surface water, over 1,200 miles of shoreline and 365 acres. Over half of the lake is roadless wilderness and borders the Boundary Waters Canoe Area Wilderness.
• Architectural guidelines to protect everyone's investment.
• Lot trade program.
• Builder incentives and cooperative programs available.

Call for details. 1-800-841-8853

** Lot Prices Reduced **

It is a buyers market and the owners of Vermilion Estates have discounted all lots by 30% until 4 lots are sold

Lots available from $125,000 to $245,000 $87,500 to $171,500 Build what you want when you want. There are common sense North Country design and material standards to insure a standard of quality and appreciation of values.

This is a sample or "idea cabin" shown on lot 2 of Vermilion Estates. This cabin can be seen and inspected at another property about an hour from Vermilion Estates. The plan is available free to the purchaser of the lot. This cabin home has 3 bedrooms, a full bath, kitchen, dining, living room and screen porch on the main floor + a 4th bedroom, bath, office and family room on the 2nd floor. The design has water views from all rooms and fireplaces on each floor.

Two flexible lot exchange programs are available:

• Within Vermilion Estates - exchange one lot for another available lot any time after purchase
• Other Vermilion Property - exchange other property on Lake Vermilion for a lot within Vermilion Estates.

These exchange programs would accomplish a tax deferred exchange. Our accountant will discuss with your accountant.

You are welcome anytime to view the property by yourself, with your real estate agent
-- or --
call us at 1-800-841-8853