Rare opportunity to own acreage on Lake Vermilion near Tower. Lot has 5.7 acres of land with 825' of frontage and spectacular views across Pike Bay. Lot includes a 2 bed/1 bath 640 sq. ft. seasonal cabin that sits right on the waters edge. Complete privacy near the mouth of the West Two River which flows into Lake Vermilion. Just minutes from Tower with drilled well. Maintain the existing cabin or build new. Listed below tax assessed value.
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Market trends in 55790, MN
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
90.3%
4.6% MoM
Median sale price
$419K
$32K MoM
Avg. days on market
14d
2 days MoM
Recently sold homes
15
2 MoM
Provided by Redfin
Sale history for 5867 Eales Rd
Date
Event
Price
RAOR #137101
Aug 30, 2019
Sold
$195,000
May 16, 2019
Listed
$219,000
Rare opportunity to own acreage on Lake Vermilion near Tower. Lot has 5.7 acres of land with 825' of frontage and spectacular views across Pike Bay. Lot includes a 2 bed/1 bath 640 sq. ft. seasonal cabin that sits right on the waters edge. Complete privacy near the mouth of the West Two River which flows into Lake Vermilion. Just minutes from Tower. Drilled well.
NORTHSTARMLS as Distributed by MLS Grid #5231880
Aug 30, 2019
Sold
$195,000
Jul 19, 2019
Pending
—
May 16, 2019
Listed
$219,000
NORTHSTARMLS as Distributed by MLS Grid #4992397
May 16, 2019
Listing Removed
—
Aug 14, 2018
Listed
$395,000
Year
Property tax
Land + Additions
Assessment*
2026
$2,406 (−40.0%)
$172,381 + $1,669
$174,050
2025
$4,012 (+3.2%)
$201,700 + $31,000
$232,700
2024
$3,888 (−9.6%)
$193,400 + $29,600
$223,000
2023
$4,302 (−3.5%)
$193,400 + $29,600
$223,000
2022
$4,456 (−0.9%)
$185,100 + $29,600
$214,700
2021
$4,498 (−3.7%)
$185,100 + $29,600
$214,700
2020
$4,672 (+3.7%)
$185,100 + $29,600
$214,700
2019
$4,506 (−0.2%)
$184,200 + $35,100
$219,300
2018
$4,516 (−0.6%)
$184,200 + $31,700
$215,900
2017
$4,542 (+2.4%)
$184,200 + $31,700
$215,900
2016
$4,434 (−4.3%)
$184,200 + $31,700
$215,900
2014
$4,633 (−0.7%)
$189,100 + $36,000
$225,100
2013
$4,664
$189,100 + $36,000
$225,100
Tax history for 5867 Eales Rd
Year
Property tax
Land + Additions
Assessment*
2026
$2,406 (−40.0%)
$172,381 + $1,669
$174,050
2025
$4,012 (+3.2%)
$201,700 + $31,000
$232,700
2024
$3,888 (−9.6%)
$193,400 + $29,600
$223,000
2023
$4,302 (−3.5%)
$193,400 + $29,600
$223,000
2022
$4,456 (−0.9%)
$185,100 + $29,600
$214,700
2021
$4,498 (−3.7%)
$185,100 + $29,600
$214,700
2020
$4,672 (+3.7%)
$185,100 + $29,600
$214,700
2019
$4,506 (−0.2%)
$184,200 + $35,100
$219,300
2018
$4,516 (−0.6%)
$184,200 + $31,700
$215,900
2017
$4,542 (+2.4%)
$184,200 + $31,700
$215,900
2016
$4,434 (−4.3%)
$184,200 + $31,700
$215,900
2014
$4,633 (−0.7%)
$189,100 + $36,000
$225,100
2013
$4,664
$189,100 + $36,000
$225,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
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Baths
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Stories
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Lot width
—
Lot depth
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Lot size
1.51 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
St. Louis County
APN
080-0015-00050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Aug 24, 2026.
Property details
Parking
Parking Information
Parking Features: Open
Garage Dimensions: 0
Interior
Bedroom Information
# of Bedrooms: 2
Bathroom Information
# of Three Quarter Baths (Total): 1
Description: Main Floor 3/4 Bath
Room 1 Information
Room Type: Bedroom 2
Room Dimensions: 10x10
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Dimensions: 10x12
Room Level: Main
Room 3 Information
Room Type: Living Room
Room Dimensions: 12x14
Room Level: Main
Room 4 Information
Room Type: Dining Room
Room Dimensions: 5x6
Room Level: Upper
Room 5 Information
Room Type: Bedroom 1
Room Dimensions: 10x10
Room Level: Main
Basement Information
Basement Features: Crawl Space
Dining Room Information
Dining Room Features: Informal Dining Room
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Brick, Living Room, Wood Burning