2850 Schmidt Island, Cook, MN 55723
Property image
Property image
OFF MARKET

$1,073,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,300 sqft (on 2.62 acres)

2850 Schmidt Island, Cook, MN 55723

Est. Refi. Payment $6,768/mo*
Refinance Your Home
Currently Off Market - Sold Aug 17, 2015 for $650,000

Home Value

Trulia Estimate
$1.07M
Since last month
Increased$21K (+1.9%)
Since last year
Increased$284K (+34.3%)
Since last sale
Increased$461K (+70.9%)
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 +34% in the last 10 years
MonthEstimated value
2026
September 2026$1.11M
August 2026$1.07M
July 2026$1.09M
June 2026$1.09M
May 2026$1.12M
April 2026$1.09M
March 2026$1.04M
February 2026$1.04M
January 2026$994K
2025

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
9063 Wa Kem Up Village Rd E, Cook, MN
0.72
Single-Family Home
$798,500
03/06/26
4
2
3,368
9063 E Wakemup Village Rd, Cook, MN
0.74
Single-Family Home
$798,500
03/06/26
4
2
3,334
8890 Raps Rd, Cook, MN
1.45
Single-Family Home
$760,000
05/28/26
2
2
1,548
8884 Raps Rd, Cook, MN
1.48
Single-Family Home
$725,000
07/21/26
3
2
1,594
9161 Hibbing Point Rd, Cook, MN
1.27
Single-Family Home
$855,000
08/07/26
3
2
2,766
2903 Chaps Rd, Cook, MN
1.26
Single-Family Home
$350,000
09/04/26
2
2
850
8817 Beatty Rd, Cook, MN
3.05
Single-Family Home
$189,000
09/11/26
1
1
768
8317 Soderholm Beach Rd, Cook, MN
3.96
Single-Family Home
$525,000
11/24/25
2
1.5
1,330

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
2960 Schmidt Island, Cook, MN 55723
0.11
$735,300
2
1
1,311
Off Market
8900 Lake Vermilion Island, Cook, MN 55723
0.20
$602,600
2
0.5
1,063
Off Market
Lake Vermilion Private Is, Cook, MN 55732
0.23
$649,000
3
-
900
For Sale
2942 Schmidt Island, Cook, MN 55723
0.26
$544,600
2
1
968
Off Market
8968 E Wakemup Village Rd, Cook, MN 55723
0.40
$635,400
2
1
780
Off Market
2807 E Wakemup Village Rd, Cook, MN 55723
0.49
$747,100
3
1
1,200
Off Market
8990 E Wakemup Village Rd, Cook, MN 55723
0.54
$651,700
2
2
2,016
Off Market
9063 Wa Kem Up Village Rd E, Cook, MN 55723
0.72
$798,500
4
2
3,368
Recently Sold
9063 E Wakemup Village Rd, Cook, MN 55723
0.74
$798,500
4
2
3,334
Recently Sold

Local Information

  • Map ViewExplore the area around 2850 Schmidt Island.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1933
2.62 acre lot
1,300 sqft
$826/sqft

About this House

Breathtaking vistas await you at "Shady Pine", a log home situated on a south and west facing point on Schmidt Island providing a "boundary water" feel w/rock outcroppings overlooking Head-O-Lakes Bay, Lake Vermilion. Property includes an original 1930's log cabin that has been restored and modernized to provide comfort and enjoyment, including exterior and interior logs chinked. Extras include newer two stall boathouse w/twin rail systems & docks, newer 2 BR guest cabin, septic, numerous new docks, steps, walkways. Cabin and guest cabin are being sold furnished. Privacy abounds on this picturesque point with 2.6 acres and 700 ft lksh. All of this PLUS a shared access at Petra's Landing. Seldom do you see island properties sold with access sites.
2850 Schmidt Island, Cook, MN 55723 is a 2 bedroom, 1 bathroom, 1,300 sqft single-family home built in 1933. It last sold for $650,000 on Aug 17, 2015 (6% below the $695,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,073,300, with a rent estimate of $1,668/month.
Last check for updates: about 4 hours ago
Listed by Vicki Schelde, (218) 750-0443
B.I.C. Realty
Bought with: Vicki Schelde, (218) 750-0443, B.I.C. Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#2308761

Home Details for 2850 Schmidt Island

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Bedroom, Bathroom, Kitchen, Living Room, Three Season Porch
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1300 Square Feet
Appliances & Utilities
Appliances: Range, RefrigeratorLaundry: Washer HookupRefrigerator
Heating & Cooling
Heating: WoodHas HeatingHeating Fuel: Wood
Fireplace & Spa
Fireplace: Free Standing
Windows, Doors, Floors & Walls
Door: Patio DoorFlooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors
View
Has a ViewView: Inland Lake, Bay, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleVegetation: Heavily WoodedOther Structures: Boat House, Storage Shed, Guest HouseExterior: Dock
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
WaterfrontWaterfront: Inland Lake, Shoreline Characteristics(Sand)Road Frontage: NoneResponsible for Road Maintenance: NoneOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Vermilion
Farm & Range
Frontage Length: 700
Finished Area
Finished Area (above surface): 1300 Square Feet

Days on Market

Cumulative Days on Market: 72

Property Information

Year Built
Year Built: 1933
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log
Building
Construction Materials: Log, Stone, Log Home
Property Information
Condition: Previously OwnedParcel Number: 250203010

Price & Status

Price
List Price: $695,000
Status Change & Dates
Off Market Date: Thu Jul 16 2015Possession Timing: Negotiable, Immediate

Active Status

MLS Status: SOLD

Location

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

Lot Information

Lot Area: 2.62 Acres

Offer

Listing Terms: Conventional

Miscellaneous

Mls Number: 2308761Water ViewWater View: Lake, BayAbove Grade Unfinished Area: 1300

Price and Tax history

DateEventPrice
Aug 17, 2015
Source: Lake Superior Area Realtors as distributed by MLS GRID #2308761
Sold
$650,000

Market trends in Cook

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
41
3MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Cook

At least 1 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say there are community events

  • 100 % Say car is needed

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 67 % Say they plan to stay for at least 5 years

  • 67 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.
  • Garyheidee
    "Cook is a great area for outdoor lovers. Great fishing, hunting, and hiking. It's beautiful with abundant pine trees and scenic lakes. Lake vermilion has over 300 islands and breathtaking rock ledges. Plenty of peace and quiet. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-17 01:07:28 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 2850 Schmidt Island

  • What is 2850 Schmidt Island estimated to be worth?
    Trulia's estimated value for 2850 Schmidt Island in Cook, MN is $1,073,300.
  • What is the price history for 2850 Schmidt Island?
    2850 Schmidt Island in Cook, MN last sold for $650,000 in August 2015.
  • Is Cook a buyer's or seller's market?
    Cook is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 2850 Schmidt Island?
    The closest schools to 2850 Schmidt Island in Cook, MN are North Woods Elementary School (Pre-K, rated 5/10), North Woods Secondary (Middle/High, rated 7/10).
  • Does 2850 Schmidt Island have laundry facilities?
    Yes, 2850 Schmidt Island in Cook, MN has laundry facilities.
  • How big is the lot at 2850 Schmidt Island?
    The lot at 2850 Schmidt Island in Cook, MN is about 2.6 acres.

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