Breathtaking vistas await you at "Shady Pine", a log home situated on a south and west facing point on Schmidt Island providing a "boundary water" feel w/ rock outcroppings overlooking Head-O-Lakes Bay, Lake Vermilion. Property includes an original 1930's log cabin that has been restored and modernized to provide comfort and enjoyment, including exterior and interior logs chinked. Extras include newer two stall boathouse w/ twin rail systems & docks, newer 2 BR guest cabin, septic, numerous new docks, steps, walkways. Cabin and guest cabin are being sold furnished. Privacy abounds on this picturesque point with 2.6 acres and 700 ft lksh. All of this PLUS a shared access at Petra's Landing. Seldom do you see island properties sold with access sites.
Breathtaking vistas await you at "Shady Pine", a log home situated on a south and west facing point on Schmidt Island providing a "boundary water" feel w/ rock outcroppings overlooking Head-O-Lakes Bay, Lake Vermilion. Property includes an original 1930's log cabin that has been restored and modernized to provide comfort and enjoyment, including exterior and interior logs chinked. Extras include newer two stall boathouse w/ twin rail systems & docks, newer 2 BR guest cabin, septic, numerous new docks, steps, walkways. Cabin and guest cabin are being sold furnished. Privacy abounds on this picturesque point with 2.6 acres and 700 ft lksh. All of this PLUS a shared access at Petra's Landing. Seldom do you see island properties sold with access sites.
LSAR as distributed by WIREX #2308761
Aug 17, 2015
Sold
$650,000
$500/sq ft
May 5, 2015
Listed
$695,000
$535/sq ft
Public Records
Oct 1, 1999
Sold
$300,500
$231/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,608 (+17.3%)
$231,600 + $220,000
$451,600
2025
$3,928 (+1.6%)
$207,600 + $192,900
$400,500
2024
$3,868 (−7.7%)
$204,500 + $179,900
$384,400
2023
$4,190 (−13.0%)
$204,500 + $179,900
$384,400
2022
$4,818 (−0.7%)
$205,800 + $179,900
$385,700
2021
$4,854 (−2.1%)
$205,800 + $179,900
$385,700
2020
$4,956 (+13.4%)
$205,800 + $179,900
$385,700
2019
$4,370 (−2.1%)
$203,400 + $140,200
$343,600
2018
$4,464 (+3.6%)
$203,400 + $140,200
$343,600
2017
$4,308 (+8.8%)
$186,400 + $140,200
$326,600
2016
$3,960 (−1.0%)
$175,700 + $124,800
$300,500
2014
$3,999 (+0.5%)
$168,700 + $123,400
$292,100
2013
$3,981
$168,700 + $123,400
$292,100
Tax history for 2850 Schmidt Is
Year
Property tax
Land + Additions
Assessment*
2026
$4,608 (+17.3%)
$231,600 + $220,000
$451,600
2025
$3,928 (+1.6%)
$207,600 + $192,900
$400,500
2024
$3,868 (−7.7%)
$204,500 + $179,900
$384,400
2023
$4,190 (−13.0%)
$204,500 + $179,900
$384,400
2022
$4,818 (−0.7%)
$205,800 + $179,900
$385,700
2021
$4,854 (−2.1%)
$205,800 + $179,900
$385,700
2020
$4,956 (+13.4%)
$205,800 + $179,900
$385,700
2019
$4,370 (−2.1%)
$203,400 + $140,200
$343,600
2018
$4,464 (+3.6%)
$203,400 + $140,200
$343,600
2017
$4,308 (+8.8%)
$186,400 + $140,200
$326,600
2016
$3,960 (−1.0%)
$175,700 + $124,800
$300,500
2014
$3,999 (+0.5%)
$168,700 + $123,400
$292,100
2013
$3,981
$168,700 + $123,400
$292,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2.62 Acres
Year renovated
—
Sq. Ft.
1,188
Year built
1934
Style
Single Family Residential
County
St. Louis County
APN
250-0020-03010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Interior
Bathroom Information
# of Three Quarter Bathrooms: 1
Heating & Cooling
Has Heating
Heating: Wood
Interior Features
Interior Features: Vaulted Ceiling(s)
Appliances: Refrigerator
Exterior
Exterior Features
Roof: Asphalt
Building Information
Above Grade Finished Area: 1,300
Construction Materials: Log, Stone
Property Features
On Waterfront
Has View
Other Structures: Boat House, Guest House, Shed(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SF/Detached
Lot Information
Lot Features: Corner Lot, Level, Waterfront
Water Body Name: Vermilion
Lot Size Dimensions: 311 x 390
Lot Size Acres: 2.62
Financial
Tax Information
Tax Annual Amount: $4,138
Utilities
Utility Information
Water Source: Private
Location
Schools Information
School District: St. Louis County #2142
Location Information
Directions: VIA BOAT 5-10 minutes from several different access points. Within 10 minutes of shared dock facilities located at "Petra's Landing" on Raps Road.
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 1,188
Stories: 1.0
Lot Size: 2.62 acres
Style: Single Family Residential
Year Built: 1934
Year Renovated: —
County: St. Louis County
APN: 250-0020-03010
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
List AOR: Duluth Area Association of REALTORS
Around this home
Schools
North Woods Elementary School
Public PreK-6 • Assigned • 6.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cook, MN • 55723
Average low and high temperatures (°F)
14
-5
24
1
38
17
47
29
66
40
74
51
77
55
74
54
73
50
58
38
38
24
22
5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 2.6 hours in December, placing it below the
U.S. average for solar exposure.