Dig Your Toes Into The SAND BEACH Or Relax On The Deck Or Patio As The Sun Sinks Down—See All The Way Across Cedar Island Lake. Professionally Built Yr Rnd Retreat On Private Peninsula, Like Driving To Your Own Island! Private level apx 6.7 acres & 440 ft lakeshore. 10 mi to Virginia or 5 to Giants Ridge. 1520 SF 3B2B home, heated 3 st garage, gazebo. Open livrm w/beamed ceiling, oak floors, granite gas firepl & wall of windows lakeside. Custom kitch w/newer ss apls open to living, dining & lakeside deck. All BRs w/beautiful water views. Economical in flr heat. Drilled well, new pressure tank, whole house carbon/particle filter, 5 yr old roof, dock. Good internet. Next to snowmobile & Mesabi bike trails. Click link for 3D Tour!
Sold for $488,500 on 09/23/25
$488,500
5441 Vermilion Trl, Gilbert, MN 55741
3beds
1,520sqft
Single Family Residence
Built in 1993
6.7 Acres Lot
$496,900 Zestimate®
$321/sqft
$2,073 Estimated rent
Home value
$496,900
$472,000 - $522,000
$2,073/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 23, 2025 at 02:46pm
Listed by:
Lisa Janisch 218-780-6644,
Janisch Realty Inc.
Bought with:
Lisa Janisch, MN 40298563
Janisch Realty Inc.
Source: Lake Superior Area Realtors,MLS#: 6115677
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 13 x 16
Bedroom
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bedroom
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 10 x 12
Dining room
- Level: Main
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 9 x 16
Living room
- Level: Main
- Area: 378 Square Feet
- Dimensions: 18 x 21
Heating
- Baseboard, Dual Fuel/Off Peak, Electric
Cooling
- None
Appliances
- Included: Water Heater-Electric, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
Features
- Natural Woodwork, Vaulted Ceiling(s), Beamed Ceilings
- Flooring: Hardwood Floors
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total interior livable area: 1,520 sqft
- Finished area above ground: 1,520
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Gravel, Detached, Electrical Service, Heat, Insulation, Slab
- Garage spaces: 3
Features
- Patio & porch: Deck
- Exterior features: Dock
- Has view: Yes
- View description: Inland Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Sand)
- Body of water: Cedar Island
- Frontage length: 440
Lot
- Size: 6.70 Acres
- Dimensions: 435 x 435
- Features: Irregular Lot, Many Trees, Rolling Slope, Island/Peninsula
- Residential vegetation: Heavily Wooded
Details
- Additional structures: Gazebo
- Foundation area: 1110
- Parcel number: 260001200542
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1993
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Private Sewer
- Water: Drilled
- Utilities for property: Satellite
Community & neighborhood
Location
- Region: Gilbert
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Sold | $488,500$321/sqft |
Source:  Lake Superior Area Realtors #6115677 | ||
| 9/2/2025 | Pending sale | $488,500$321/sqft |
Source: Lake Superior Area Realtors #6115677 | ||
| 8/30/2025 | Price change | $488,500-1%$321/sqft |
Source: Lake Superior Area Realtors #6115677 | ||
| 8/21/2025 | Price change | $493,500-1%$325/sqft |
Source: Lake Superior Area Realtors #6115677 | ||
| 7/7/2025 | Price change | $498,500-4.9%$328/sqft |
Source: Range AOR #147304 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,284 -12.3% | $256,400 +8% |
| 2023 | $2,604 -14.2% | $237,300 -3% |
| 2022 | $3,034 +8.5% | $244,700 |
Find assessor info on the county website
Neighborhood: 55741
Nearby schools
GreatSchools rating
- 4/10Mesabi East Elementary SchoolGrades: PK-6Distance: 4.9 mi
- 5/10Mesabi East SecondaryGrades: 7-12Distance: 4.9 mi
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