Big Cormorant Lake. This is the lake home you have been looking for! Beautiful 4 bedroom with many updates. Open floor plan, hardwood floors, walk out basement. The deck has stunning panoramic views of the lake. Clear water on 100 ft of frontage. In addition the property has a two bedroom living quarters above the very large shop. Vaulted ceilings, intricate custom wood ceilings. It has a kitchen, family room, bathroom with laundry. You can fit all your toys in the very large shop. This home has tons of storage and room for everyone!
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Market trends in 56554, MN
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
96.9%
0.2% MoM
Median sale price
$415K
$22K MoM
Avg. days on market
15d
1 days MoM
Recently sold homes
15
1 MoM
Provided by Redfin
Sale history for 15501 Wermager Beach Rd
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #6212229
Jun 15, 2022
Sold
$1,010,000
Apr 15, 2022
Listing Removed
—
Mar 3, 2022
Listed
$1,099,000
+58
This is the Lake Property you have been looking for! The main house has three bedrooms and two baths. It has a walk out basement and is close to the water with stunning views of the lake. The new guest house and shop you have to see to believe. Garage fits all the toys and the house has vaulted custom wood ceilings. Beautiful wood work with open floor plan. Two bedrooms, formal dining and bathroom with laundry. The owners spared no expense on the upgrades and details in this beautiful home. The remodeling on the main home is extensive with hardwood floors, open floor plan, newer window, fixtures and appliances. This property is turn key and you will be pleasantly surprised by its cozy living.
NORTHSTARMLS as Distributed by MLS Grid #7422589
Mar 3, 2022
Listed
$1,099,000
Public Records
Jun 10, 2014
Sold
$460,000
Public Records
Jul 13, 2006
Sold
$470,000
Year
Property tax
Land + Additions
Assessment*
2026
$6,954 (−5.4%)
$515,000 + $595,900
$1,110,900
2025
$7,352 (+22.5%)
$529,200 + $641,300
$1,170,500
2024
$6,004 (+5.6%)
$511,400 + $411,100
$922,500
2023
$5,688 (+6.5%)
$452,100 + $324,300
$776,400
2022
$5,342 (+17.7%)
$394,300 + $248,500
$642,800
2021
$4,540 (+11.2%)
$362,500 + $210,700
$573,200
2020
$4,084 (+9.8%)
$350,500 + $166,500
$517,000
2019
$3,718 (−2.5%)
$350,500 + $104,500
$455,000
2018
$3,812 (−1.1%)
$328,700 + $122,400
$451,100
2017
$3,856
$328,700 + $111,500
$440,200
Tax history for 15501 Wermager Beach Rd
Year
Property tax
Land + Additions
Assessment*
2026
$6,954 (−5.4%)
$515,000 + $595,900
$1,110,900
2025
$7,352 (+22.5%)
$529,200 + $641,300
$1,170,500
2024
$6,004 (+5.6%)
$511,400 + $411,100
$922,500
2023
$5,688 (+6.5%)
$452,100 + $324,300
$776,400
2022
$5,342 (+17.7%)
$394,300 + $248,500
$642,800
2021
$4,540 (+11.2%)
$362,500 + $210,700
$573,200
2020
$4,084 (+9.8%)
$350,500 + $166,500
$517,000
2019
$3,718 (−2.5%)
$350,500 + $104,500
$455,000
2018
$3,812 (−1.1%)
$328,700 + $122,400
$451,100
2017
$3,856
$328,700 + $111,500
$440,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.