About This Home

This 2-bedroom, 1-bathroom single family at 10401 Vermillion Point Drive NE in Deer River, MN is listed for $350,000 ($356 per sqft). Built in 1973, the home offers 984 sqft of living space on a 0.55 acres lot.

Key Features

  • Built in 1973
  • 0.55 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
1 full
1973

Amenities

FireplaceWaterfrontView
Listing Description

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.

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

10401 Vermillion Point Drive NE

Deer River, MN 56636

Bannisters Vermillion Lake Add

Features & Amenities

Interior Features

Vaulted Ceiling(s)

Exterior Features

Dock

Property Details

Views

Lake

Parking

Garage

Heating

Fireplace(s)Propane (Heating)

Cooling

Ceiling Fan(s)Ductless

Appliances

DryerMicrowaveRangeRefrigeratorWater - Purifier

Questions & Answers

This 2-bedroom, 1-bathroom single family at 10401 Vermillion Point Drive NE is listed at $350,000 ($356/sqft). The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.55 acre lot, Fireplace, Waterfront. Interior Features: Vaulted Ceiling(s). Exterior Features: Dock.

This property is listed by Lindsay Bacigalupo.

LB

Lindsay Bacigalupo

Agent at Engel & Völkers Minneapolis

Listed by Engel & Völkers Minneapolis · Broker phone: 6123383836 · View on Broker Site · Broker website

MLS# 7100200· Source: Engel & Völkers· 9 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10401 Vermillion Point Drive NE, Deer River, MN 56636

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