1615 Merganser Drive, Tower, MN 55790
Property image
Property image
OFF MARKET

$533,200

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 816 sqft (on 0.65 acres)

1615 Merganser Drive, Tower, MN 55790

Est. Refi. Payment $3,399/mo*
Refinance Your Home
Currently Off Market - Sold Oct 18, 2024 for $475,000

Home Value

Trulia Estimate
$533K
Since last month
Increased$12K (+2.2%)
Since last year
Increased$106K (+23.4%)
Since last sale
Increased$86K (+18.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +8% in the last 10 years
MonthEstimated value
2026
September 2026$561K
August 2026$535K
July 2026$549K
June 2026$553K
May 2026$549K
April 2026$529K
March 2026$531K
February 2026$513K
January 2026$514K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.70
Single-Family Home
$340,000
05/29/26
3
0.5
768
0.92
Single-Family Home
$1,470,500
05/21/26
3
2.5
2,560
1.81
Single-Family Home
$160,000
07/15/26
3
2
1,446
2.28
Single-Family Home
$339,500
05/29/26
3
2
2,928
2.33
Single-Family Home
$232,000
05/13/26
5
2
2,184
2.74
Single-Family Home
$170,500
03/06/26
3
2.5
1,568
2.76
Single-Family Home
$89,000
05/04/26
3
1
886

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.12
-
-
-
-
Off Market
0.25
$498,300
2
1
672
Off Market
0.30
$561,000
3
2
1,600
Off Market
0.40
-
-
-
-
Off Market
0.56
$1,425,200
6
5.5
3,482
Off Market
0.70
$340,000
3
0.5
768
Recently Sold
0.71
$185,000
-
-
-
For Sale
0.73
$195,000
-
-
-
For Sale
0.76
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1615 Merganser Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1975
0.65 acre lot
816 sqft
$653/sqft

About this House

Nestled on a serene point overlooking the sparkling waters of Lake Vermilion, this charming 3 bedroom, 1 bath log cottage offers the quintessential lakeside retreat situated on 445' of shoreline. The cottage features an open floor plan with a vaulted ceiling, a stone fireplace and plenty of windows to enjoy the beautiful lake views. The property includes a private dock, providing easy access to the lake's 40,000 acres of water perfect for boating, fishing and water sports. Whether you're seeking a peaceful weekend getaway or a summer home to create lifelong memories, this log cottage on Lake Vermilion is a rare find that combines natural beauty, privacy, and the ultimate lakeside living experience.
1615 Merganser Drive, Tower, MN 55790 is a 3 bedroom, 1 bathroom, 816 sqft single-family home built in 1975. It last sold for $475,000 on Oct 18, 2024 (10% below the $525,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $533,200, with a rent estimate of $1,476/month.
Last check for updates: about 7 hours ago
Listed by Sherry Anderson
Vermilion Land Office, Inc
Bought with: Sherry Anderson, Vermilion Land Office, Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6115546

Home Details for 1615 Merganser Drive

Interior Features

Interior Details
Basement: N/ANumber of Rooms: 5Types of Rooms: Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 816 Square FeetFoundation Area: 816
Appliances & Utilities
Appliances: Water Heater-Electric, Microwave, Range, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: Wood,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wood
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Inland Lake, Bay

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: DeckVegetation: Partially WoodedExterior: Dock
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,None
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Undeveloped, Shore-Accessible)Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Vermilion
Farm & Range
Frontage Length: 445
Finished Area
Finished Area (above surface): 816 Square Feet

Days on Market

Cumulative Days on Market: 27

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log
Building
Construction Materials: Log, Log Home
Property Information
Condition: Previously OwnedParcel Number: 270007000480; 270007000472

Price & Status

Price
List Price: $525,000
Status Change & Dates
Off Market Date: Tue Sep 10 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Tower
School Information
High School District: St. Louis County #2142

HOA

No HOA

Lot Information

Lot Area: 0.65 acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 6115546Water ViewWater View: Lake, BayAttribution Contact: ***Above Grade Unfinished Area: 816

Price and Tax history

DateEventPrice
Oct 18, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115546
Sold
$475,000
Sep 11, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115546
Pending
$525,000
Aug 14, 2024
Source: Range AOR #147263
Listed For Sale
$525,000

Market trends in Tower

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
35
6
MoM

Around this home

What Locals Say about Tower

At least 1 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say people would walk alone at night

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say car is needed

  • 75 % Say neighbors are friendly

  • 67 % Say there's wildlife

  • 60 % Say it's walkable to restaurants

  • 50 % Say it's dog friendly

  • 33 % Say it's walkable to grocery stores

  • 33 % Say there are community events

  • 33 % Say there are sidewalks

  • 33 % Say kids play outside

  • 25 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-17 14:12:41 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1615 Merganser Drive

  • What is 1615 Merganser Drive estimated to be worth?
    Trulia's estimated value for 1615 Merganser Drive in Tower, MN is $533,200.
  • What is the price history for 1615 Merganser Drive?
    1615 Merganser Drive in Tower, MN last sold for $475,000 in October 2024.
  • Is Tower a buyer's or seller's market?
    Tower is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 1615 Merganser Drive?
    The closest schools to 1615 Merganser Drive in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
  • How big is the lot at 1615 Merganser Drive?
    The lot at 1615 Merganser Drive in Tower, MN is about 0.65 acres (28,314 sq ft).
  • Does 1615 Merganser Drive have parking?
    Yes, 1615 Merganser Drive in Tower, MN has on-site parking.

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