# Lagoon Road, Tower, MN 55790 > **TL;DR:** land, $249,000. > Waterfront. Est. $1,332/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $249,000 | | Lot Size | 28,314 sqft (0.65 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,259 | | Estimated Insurance | $73 | | **Total** | **$1,332** | ## Key Amenities - Waterfront ## Property Highlights - 0.65 acre lot - Waterfront ## Description ### Agent Description Discover an incredible opportunity to own an affordable mainland lot on sought after Lake Vermilion in the heart of beautiful Northern MN. Whether you're dreaming of building the perfect lake home or cabin, or simply parking your RV & enjoying the lake lifestyle, this property offers endless possibilities. Building pad and dock on site. Ideally located just 7 miles from town & 3 miles from Fortune Bay Casino & golf, you'll enjoy easy access to miles of hiking/biking/ATV & snowmobile trails, making it a true four season destination. Spend your days boating to lakeside restaurants, fishing one of Minnesota's premier lakes, with it's 365 islands & 1200 miles of shoreline, & relaxing around your own lakeside fire pit. Affordable mainland lots on Lake Vermilion are rare, especially in this price range. Don't miss your chance to secure your own piece of one of Minnesota's most desirable lakes before it's gone! Seller will accept a short term CFD this year or closing in 2027. ## Location - **Address:** Lagoon Road, Tower, MN 55790 - **Coordinates:** 47.80346625, -92.36600597 - **Google Maps:** https://www.google.com/maps?q=47.80346625,-92.36600597 ## Listing Agent - **Name:** Sherry Zupancich Anderson - **Brokerage:** Vermilion Land Office Inc - **Broker Phone:** 2187538985 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Lagoon-Rd_Tower_MN_55790_M95939-38440?f=listhub&s=RAORMN&m=150385&c=propsimple) ## Photos ![Lagoon Road - Photo 1](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f182710579r.jpg) ![Lagoon Road - Photo 2](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f3162887663r.jpg) ![Lagoon Road - Photo 3](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f2449495154r.jpg) ![Lagoon Road - Photo 4](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f1920313092r.jpg) ![Lagoon Road - Photo 5](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f4233268307r.jpg) ![Lagoon Road - Photo 6](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f3820771319r.jpg) ![Lagoon Road - Photo 7](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f1737921432r.jpg) ![Lagoon Road - Photo 8](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f2593288339r.jpg) ![Lagoon Road - Photo 9](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f3396100057r.jpg) ![Lagoon Road - Photo 10](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f2109949832r.jpg) ![Lagoon Road - Photo 11](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f2675143333r.jpg) ![Lagoon Road - Photo 12](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f862762772r.jpg) ![Lagoon Road - Photo 13](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f1018291094r.jpg) ![Lagoon Road - Photo 14](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f1217504847r.jpg) ![Lagoon Road - Photo 15](http://lh.rdcpix.com/ad2d9ab3679f9bcba871d2a012895bdel-f2803781841r.jpg) --- **MLS#:** 150385 | **Updated:** 2026-10-22 **Source:** listhub *Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/lagoon-road-tower-mn-55790-9b40283f5cf9431a95b378d07b46a726) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/lagoon-road-tower-mn-55790-9b40283f5cf9431a95b378d07b46a726#listing", "url": "https://www.propertysimple.ai/listing/lagoon-road-tower-mn-55790-9b40283f5cf9431a95b378d07b46a726", "name": "Lagoon Road, Tower, MN 55790", "description": "Discover an incredible opportunity to own an affordable mainland lot on sought after Lake Vermilion in the heart of beautiful Northern MN. Whether you're dreaming of building the perfect lake home or cabin, or simply parking your RV & enjoying the lake lifestyle, this property offers endless possibilities. Building pad and dock on site. Ideally located just 7 miles from town & 3 miles from Fortune Bay Casino & golf, you'll enjoy easy access to miles of hiking/biking/ATV & snowmobile trails, making it a true four season destination. Spend your days boating to lakeside restaurants, fishing one of Minnesota's premier lakes, with it's 365 islands & 1200 miles of shoreline, & relaxing around your own lakeside fire pit. Affordable mainland lots on Lake Vermilion are rare, especially in this price range. Don't miss your chance to secure your own piece of one of Minnesota's most desirable lakes before it's gone! 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