Listed at
$350,000
$356/sqft

Bannisters Vermillion Lake Add

10401 Vermillion Point Drive, Deer River, MN, 56636
2  Bedrooms1  Bathroom984  Square Feet0.55  Acres
Days on market72
Year built1973
Garage spaces2
TypeResidential
Est. $7,500buyer credit when you buy with SODL
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About this home

Set along the peaceful shoreline of Vermillion Lake, this inviting lakeside bungalow offers the warmth of a classic log cabin with the comfort and convenience of thoughtful modern updates. Positioned on half an acre with 78 feet of lake frontage and surrounded by the natural beauty of the Chippewa National Forest, the property provides an ideal setting for those seeking a relaxed Northwoods lifestyle centered around the water. The interior welcomes with rich wood walls and ceilings that create the inviting ambiance of a traditional cabin while offering a brighter, more refined feel throughout. The updated kitchen blends seamlessly into the home's character with modern finishes, improved functionality, and space designed for gathering after a day on the lake. Comfortable living areas encourage connection, while large windows bring natural light inside and frame peaceful views of the surrounding landscape. The main level is designed for comfortable everyday living, featuring a spacious bedroom, a full bathroom, and a dedicated office that offers flexibility for remote work or hobbies. An open loft above adds another layer of versatility, offering room for additional sleeping accommodations, a reading nook, or a relaxed gathering space that embraces the home's welcoming cabin atmosphere. A detached garage provides valuable space for vehicles, outdoor gear, and recreational equipment, enhancing the property's practicality for both seasonal enjoyment and year-round use. Whether serving as a private retreat or a continued vacation rental, the bungalow offers an effortless balance of rustic charm and everyday comfort. Currently operated as a successful part-time rental and offered fully furnished, it has earned consistent five-star guest reviews from visitors drawn to its welcoming atmosphere and exceptional lakeside setting. It is an opportunity to enjoy an authentic northern Minnesota experience while creating traditions that will continue for years to come.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1973
LevelsOne
Living area984 sqft
Above-grade finished984 sqft
Below-grade finished0 sqft
Lot size0.55 acres (78x259x98x256)
Days on market72
ListedJun 30, 2026
MLS #NST7100200
CountyCass
SubdivisionBannisters Vermillion Lake Add
Parcel #434240080

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Ductless Mini-Split, Fireplace(s)
Cooling
Ductless Mini-Split
Appliances
Dryer, Electric Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
One
Garage
2 spaces · 24x48 · 672 sqft
Parking features
Detached Garage, Gravel, Garage Door Opener
Patio & porch
Composite Decking, Deck
Exterior features
Shakes
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Other · 770 sqft
Roof
Asphalt
Year built
1973

Utilities

Water
Shared System, Well
Sewer
Private Sewer, Septic System Compliant - Yes
Fuel
Propane

Community & HOA

Subdivision
Bannisters Vermillion Lake Add
HOA
No HOA
School district
118 - Northland Community Schools
High school district
Northland Community Schools

Financial & listing details

Annual tax
$1,032 (2026)
Tax with assessments
1118
Listed
Jun 30, 2026
Days on market
72 · 104 cumulative
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingDuctless Mini-Split, Fireplace(s)
CoolingDuctless Mini-Split
Fireplaces1
LaundryElectric Dryer Hookup, Laundry Closet, Main Level
AppliancesDryer, Electric Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningInformal Dining Room, Kitchen/Dining Room, Living/Dining Room
AmenitiesCeiling Fan(s), Deck, Dock, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Panoramic View, Skylight, Vaulted Ceiling(s)
AccessibilityNone
Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorShakes
RoofAsphalt
FoundationOther
Foundation area770 sqft
Patio/porchComposite Decking, Deck
Lot featuresAccessible Shoreline, Tree Coverage - Medium
ZoningResidential-Single Family

Utilities

Water sourceShared System, Well
SewerPrivate Sewer, Septic System Compliant - Yes
FuelPropane

Parking & garage

ParkingDetached Garage, Gravel, Garage Door Opener
Garage spaces2
Garage size672 sqft

Financial details

Annual taxes$1,032
Tax year2026
Taxes w/ assessments1118
Assessment pendingYes
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District118 - Northland Community Schools
District number118
District phone2185662351
High schoolNorthland Community Schools
SODL flat fee brokerage
$7,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $7,500

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,042/mo
Principal & interest$1,839
Property taxes$86
Home insurance (est.)$117
%
$70,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

10401 Vermillion Point Drive, Deer River, MN, 56636

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Listing information

MLS #NST7100200
StatusClosed
Last updatedSep 16, 2026, 7:39 PM
Originally listedJun 30, 2026, 1:26 PM
Listing officeEngel & Volkers Minneapolis
Co-listing officeEngel & Volkers Minneapolis

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.