OPEN HOUSE: Click link for 3D Virtual Tour. Ultimate Waterfront Compound: Island, Bay, and Mile-Long Shoreline. A Generational Legacy on Lake Vermilion’s Most Coveted Shores. Retreat to a world of unparalleled privacy and natural splendor on one of National Geographic’s Top 10 Most Scenic Lakes. Spanning 46 pristine acres in breathtaking Wakemup Bay, this estate is a masterclass in seclusion, featuring its own private island & sheltered bay with calm waters perfect for a floatplane dock. At its heart lie three grandfathered cabins perched directly at the water’s edgea historic privilege no longer granted to new builds. Anglers and adventurers will thrive with a mile of shoreline, elite fishing, and crystal-clear swimming areas. Modern infrastructureincluding permanent electricity, a new septic system, new roofs and surveyed potential for subdivisionensures this rugged paradise is as functional as it is beautiful. This sanctuary has hosted generations of milestones. Now, it awaits your story. Photos show apx property lines.
Sale and tax history for 8481 Wakemup Narrows North
Sale History
Tax History
Date
Event
Price
RAOR #149563
Sep 1, 2026
Price Changed
$1,495,000
$719/sq ft
Jul 2, 2026
Price Changed
$1,648,500
$793/sq ft
Mar 3, 2026
Listed
$1,750,500
$842/sq ft
+26
OPEN HOUSE: Click link for 3D Virtual Tour. Ultimate Waterfront Compound: Island, Bay, and Mile-Long Shoreline. A Generational Legacy on Lake Vermilion’s Most Coveted Shores. Retreat to a world of unparalleled privacy and natural splendor on one of National Geographic’s Top 10 Most Scenic Lakes. Spanning 46 pristine acres in breathtaking Wakemup Bay, this estate is a masterclass in seclusion, featuring its own private island & sheltered bay with calm waters perfect for a floatplane dock. At its heart lie three grandfathered cabins perched directly at the water’s edge—a historic privilege no longer granted to new builds. Anglers and adventurers will thrive with a mile of shoreline, elite fishing, and crystal-clear swimming areas. Modern infrastructure—including permanent electricity, a new septic system, new roofs and surveyed potential for subdivision—ensures this rugged paradise is as functional as it is beautiful. Photos show apx property lines.
LSAR as distributed by WIREX #6123868
Sep 1, 2026
Price Changed
$1,495,000
$719/sq ft
Jul 2, 2026
Price Changed
$1,648,500
$793/sq ft
Mar 3, 2026
Listed
$1,750,000
$841/sq ft
+26
OPEN HOUSE: Click link for 3D Virtual Tour. Ultimate Waterfront Compound: Island, Bay, and Mile-Long Shoreline. A Generational Legacy on Lake Vermilion’s Most Coveted Shores. Retreat to a world of unparalleled privacy and natural splendor on one of National Geographic’s Top 10 Most Scenic Lakes. Spanning 46 pristine acres in breathtaking Wakemup Bay, this estate is a masterclass in seclusion, featuring its own private island & sheltered bay with calm waters perfect for a floatplane dock. At its heart lie three grandfathered cabins perched directly at the water’s edgea historic privilege no longer granted to new builds. Anglers and adventurers will thrive with a mile of shoreline, elite fishing, and crystal-clear swimming areas. Modern infrastructureincluding permanent electricity, a new septic system, new roofs and surveyed potential for subdivisionensures this rugged paradise is as functional as it is beautiful. This sanctuary has hosted generations of milestones. Now, it awaits your story. Photos show apx property lines.
NORTHSTARMLS as Distributed by MLS Grid #7030727
Sep 1, 2026
Price Changed
$1,495,000
$719/sq ft
Jul 2, 2026
Relisted
—
Jul 2, 2026
Price Changed
$1,648,500
$793/sq ft
Jun 4, 2026
Listing Removed
—
Mar 3, 2026
Listed
$1,750,000
$841/sq ft
RAOR #142576
Sep 29, 2023
Price Changed
$1,750,500
$842/sq ft
Jun 25, 2023
Price Changed
$1,973,000
$949/sq ft
Nov 3, 2021
Listed
$1,998,500
$961/sq ft
NORTHSTARMLS as Distributed by MLS Grid #6123098
Sep 29, 2023
Price Changed
$1,750,500
$842/sq ft
Jun 25, 2023
Price Changed
$1,973,000
$949/sq ft
Jul 30, 2022
Price Changed
$1,998,500
$961/sq ft
Jun 24, 2022
Price Changed
$2,248,500
$1,081/sq ft
Nov 2, 2021
Listed
$2,475,000
$1,190/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5617159
Aug 23, 2020
Listing Removed
—
Jul 1, 2020
Listed
$1,750,000
$841/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5261982
Jul 10, 2019
Listed
$1,750,000
$841/sq ft
RAOR #130483
Sep 8, 2017
Sold
$1,050,000
$505/sq ft
Sep 15, 2016
Listed
$1,769,000
$850/sq ft
LSAR as distributed by WIREX #6025220
Sep 8, 2017
Sold
$1,050,000
$505/sq ft
Sep 15, 2016
Listed
$1,769,000
$850/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,958 (+19.7%)
$580,800 + $224,800
$805,600
2025
$7,484 (+29.5%)
$516,200 + $197,100
$713,300
2024
$5,778 (−7.6%)
$223,600 + $154,200
$377,800
2023
$6,252 (−12.3%)
$223,600 + $154,200
$377,800
2022
$7,126 (−0.3%)
$461,700 + $150,700
$612,400
2021
$7,150 (−3.0%)
$461,700 + $150,700
$612,400
2020
$7,370 (+2.8%)
$461,700 + $150,700
$612,400
2019
$7,168 (−2.1%)
$465,300 + $141,700
$607,000
2018
$7,322 (+0.5%)
$465,400 + $141,700
$607,100
2017
$7,284 (−0.4%)
$446,300 + $141,700
$588,000
2016
$7,316 (−7.4%)
$446,300 + $141,700
$588,000
2014
$7,898 (+0.3%)
$469,400 + $141,400
$610,800
2013
$7,871
$469,400 + $141,400
$610,800
Public record
Beds
4
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
18.7 Acres
Year renovated
1991
Finished Sq. Ft.
2,080
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,080
Year built
1961
Style
Other
County
St. Louis County
APN
250-0020-03130
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 13 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 • 55771
Average low and high temperatures (°F)
14
-5
24
1
38
17
47
29
66
40
74
51
80
57
74
54
69
49
58
38
38
24
22
5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 8481 Wakemup Narrows North
$1,301,022
$194K under list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $605K to $1.5M.