Lake Vermilion Acreage
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93 Acre Site - Summary
Prime Hunting / Recreational / Commerical / Residential Site

Northeastern / Northern Minnesota Land For Sale

1956 feet of Hwy 169 road frontage, close to the commercial area known as “the Y store”.  New businesses have opened along Hwy 169.  “The Y store” is at the key intersections to Cook, Tower, Ely, Lake Vermilion and Fortune Bay Resort, Casino and the Wilderness Golf Course. 

The land is zoned MUNS-4 which allows for Commercial and Residential Use with Road Frontage sub-dividable to a minimum of 4.5 acre parcels. The back lots have larger acreage division requirements.  Zoning, frontage, etc. conditions would have to be ascertained for specific use.  125 feet from the center of Hwy 169 to the west is highway right of way.  Its boundaries are marked with stakes.  Research regarding use of that area and land adjacent to the right of way will be at the discretion of the buyer. 

Old Hwy 169 runs the interior of the land and serves as Easy Access along the length of the land for Camping, Hiking, Skiing, Hunting, Mountain Biking, and ATV use.  Presently the Snowmobile Club maintains the area with permission to use the drive for Snowmobiling.  The use as such is at the sole discretion of the owner of the land and can be discontinued with seasonal advance notice.  Several property lines have been brushed out for easy hiking and access to the land boundaries.  An additional Trail leads to the high (1450 feet elevation) central area of the land. 

A forest road known as the Peyla forest road is at the south of the parcel, and runs to the east and northeast.  It is accessed off Hwy 169.  The Peyla Road extends far into tax forfeited lands and is used for logging.  The State land is used recreationally for many purposes including Hunting, Snowmobiling, Skiing, Hiking and ATV use.

The land topography is rolling with high ledge rock outcroppings as well as low areas, topographically interesting with transitional wildlife zones.  There is an excellent variety of trees both Evergreen and Deciduous including Poplar, Maple, Birch, White and Red Pine, Balsam Fir and Spruce.  The land is excellent for Deer Hunting.

Location is exceptional.
 


93 Acre Site Adobe Reader is needed to view picture files
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Additional Info
93 Acre Photos
93A 169 Topo Aerial Zoning Plat Book Legal Descritions.pdf
93A Trails Road Topo.pdf
Aerial Photo Aerial 93A 10A 75A Connected Commentary.pdf
Aerial 93A 10A 75A Connected w/o Commentary.pdf
St. Louis County Info 93A St Louis County Property Lot Lines.pdf
93A St Louis County Property Lot Lines Close Up.pdf
Type Zone MUNS-4 (multi-use)
Address Hwy 169
City Peyla (SW of Tower)
State MN
Zip 55790
Area Lake Vermilion
Asking Price $249,000
Terms Contract for Deed, 30% down, 3 year term with balloon payment, 30 year amortization, 10% interest.  10% discount for total cash payment.
Property Taxes $
Utilities
Directions
Disclaimer This information is deemed reliable, but not guaranteed.