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


August 11, 2010

Here are a couple of premium lakeshore homes that have seen substantial price reductions since their entry to the marketplace.

MLS 113358SOLD! Burntside Lake, Ely, Minnesota,  Now offered at $959,500, originally offered at $2,200,000.  Described as follows:  “Stainless & granite kitchen has slate floors inlaid w/pewter & beveled glass doors to formal dining room with fireplace and French doors to deck overlooking the lake.  Wonderful relaxing spaces with sounds of waterfall and wind in towering pines. 13,000 square feet, 6 bedrooms, 5 baths, library, pool, sauna, hot tub, wine cellar, home theatre.  5.4 acres, 205′ of waterfront, garages, large storage building, boathouse, permanent dock.  Inexpensive to heat.  Easy to accomodate private guest quarters.”

MLS 114113– Lake Vermilion, Buyck, Minnesota,  Now offered at $749,900, originally offered at $1,495,000. Described as follows:  This impressive, recently built, Lake Vermilion log home features over 5000 square feet of living area. 5 bedrooms, 3 baths, loft, sauna, family/theater room, game room, bar, spacious kitchen, Great Room w/ dining area, screen porch, spacious decks, and outdoor spa tub. Extras include 2 large garages, 200 ft lksh & 32.5 wooded acres near public lands, dock on protected bay, scenic lake views. The ideal luxury lake home for the outdoor enthusiast!

I have additional details if you would like more information.  Call (218/750-0299) or email (bill@lakevermilionrealestate.com).

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