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Lake Vermilion Real Estate

A daily journal concerning Lake Vermilion and surrounding areas.
Selected real estate, notes, stories, musings, and anecdotes.

June 12, 2003

Pelican Lake viewDeja Vu! For a great reason.

This post may look familiar. It’s similar to one I did about a week ago.

But the property that features this great view has had another price reduction. The developer of this property wants to finish up the project and move on. And the asking prices now make these lots a real bargain. This is beautiful Pelican Lake property.

Lot 5 – 3.76 acres, 272′ shoreline, southerly exposure, gravel sand shore, driveway, plus a 1371 sq. ft. guest cabin! Was offered at $279,950, was reduced 1 week ago to $254,950, now reduced to $199,000!

Lot 6 – 3.57 acres, 283′ shoreline, southerly exposure, gravel sand shore, driveway, plus a 806 sq. ft. dorm-style cabin! Was offered at $269,950, was reduced 1 week ago to $244,950, now reduced to $199,000!

Lot 12 – 3.07 acres, 1069′ shoreline, southerly exposure (end of the point lot), gravel sand shore, driveway, plus a 1327 sq. ft. dorm-style cabin! Was offered at $449,950, was reduced 1 week ago to $399,950, now reduced to $329,000!

Lot 13 – 2.65 acres, 487′ shoreline, easterly exposure, and a 2468 sq. ft. year-round home with well and new septic! Was offered at $299,950, now reduced to $279,000!

These are some of the nicest lots of the development and the seller wants to get them out of inventory now! Please email me for more information or to arrange a look.

Let’s write up an offer.

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