5159 Vermilion Tr, Gilbert, MN 55741
Property image
Property image
SOLD
AUG 14, 2026

$540,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,868 sqft (on 3 acres)

5159 Vermilion Tr, Gilbert, MN 55741

Est. Refi. Payment $3,443/mo*
Refinance Your Home
Currently Off Market - Sold Aug 14, 2026 for $539,900

Home Value

Trulia Estimate
$540K
Since last month
Increased$7K (+1.3%)
Since last year
Increased$62K (+12.8%)
Since last sale
Increased$700 (+0.1%)
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 +125% in the last 10 years
MonthEstimated value
2026
September 2026$541K
August 2026$540K
July 2026$534K
June 2026$476K
May 2026$479K
April 2026$454K
March 2026$444K
February 2026$427K
January 2026$420K
2025
2024
2023
2021
2020
2019
2018
2017
2016

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
5441 Vermilion Tr, Gilbert, MN
1.17
Single-Family Home
$488,500
09/23/25
3
1.5
1,520
6476 Cypress Ln, Gilbert, MN
2.24
Single-Family Home
$512,500
05/15/26
3
2
1,858
101 2nd Ave N, Babbitt, MN
2.92
Single-Family Home
$165,000
08/10/26
3
1.5
1,172

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
5210 Norway Dr, Gilbert, MN 55741
0.25
$569,000
3
1.5
2,400
For Sale
6308 Balsam Ln, Gilbert, MN 55741
0.51
$157,800
1
-
440
Off Market
TBD Vermilion Tr, Gilbert, MN 55741
0.59
-
-
-
-
Off Market
5045/5041 Vermilion Tr, Gilbert, MN 55741
0.62
$413,300
3
2
1,877
Off Market
Vermillion Trl, Gilbert, MN 55741
0.84
-
-
-
-
Off Market
5441 Vermilion Tr, Gilbert, MN 55741
1.17
$495,800
3
1.5
1,520
Off Market
4856 Sawmill Rd, Gilbert, MN 55741
1.43
$425,000
3
2.5
2,016
For Sale

Local Information

  • Map ViewExplore the area around 5159 Vermilion Tr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1943
3 acre lot
1,868 sqft
$289/sqft
Garage

About this House

The story I heard about this house is that it was built by a mason who built it for himself and the amazing stone work shows how much he truly loved what his craft! Inside and out the hand laid stone and bricks bring out a unique and cozy feel. You can tell from how maintained this house is that every owner has truly loved and appreciated the uniquely beautiful character and wanted to preserve that for the next generation. The lot is well shaded keeping the house cool in the summer time and well protected in the winter. Spend your summer days playing in the water at your own sandy beach and the evenings relaxing in the screen porch while watching breathtaking sunsets. Cedar Island lake has no public access so the lake is calm and friendly year round with fantastic fishing off the dock. Winter days call for warming up in the sauna with a polar plunge to keep you young! This property is just a few miles from Giant's Ridge for world class golfing, restaurants, skiing, and mountain biking. There are great snowmobile and OHV trails that would take you days to explore. When you live where everyone vacations you'll never be bored!
5159 Vermilion Tr, Gilbert, MN 55741 is a 3 bedroom, 2 bathroom, 1,868 sqft single-family home built in 1943. It last sold for the $539,900 asking price on Aug 14, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $540,000, with a rent estimate of $1,975/month.
Last check for updates: about 2 hours ago
Listed by Joseph Tome, (218) 235-8325
Grand Properties
Bought with: Michele Mayry, (218) 780-3720, Northland Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6126858

Home Details for 5159 Vermilion Tr

Interior Features

Interior Details
Basement: PartialNumber of Rooms: 1Types of Rooms: Garage
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1868 Square FeetFoundation Area: 1768
Appliances & Utilities
Utilities: Fiber Optic
Heating & Cooling
Heating: Boiler,Dual Fuel/Off Peak,Fireplace(s),Hot Water,Wood,ElectricHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Detached
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)On Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Cedar Island
Farm & Range
Frontage Length: 208
Finished Area
Finished Area (above surface): 1214 Square FeetFinished Area (below surface): 654 Square Feet

Property Information

Year Built
Year Built: 1943
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Stone, Stone, Brick
Property Information
Condition: Previously OwnedParcel Number: 260006000460 and 260001400317

Price & Status

Price
List Price: $539,900Price Per Sqft: $289/sqft
Status Change & Dates
Off Market Date: Mon Jul 20 2026

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Gilbert
School Information
High School District: Mesabi E. #2711

HOA

No HOA

Lot Information

Lot Area: 3 Acres

Miscellaneous

BasementMls Number: 6126858Attribution Contact: ***Above Grade Unfinished Area: 1214

Price and Tax history

DateEventPrice
Aug 14, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126858
Sold
$539,900
Aug 10, 2026
Source: NorthstarMLS as distributed by MLS GRID #7111741
Pending
$539,900
Jul 17, 2026
Source: NorthstarMLS as distributed by MLS GRID #7111741
Listed For Sale
$539,900
Apr 5, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109239
Sold
$517,436
Feb 23, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109239
Pending
$549,500

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
13
4MoM

Around this home

What Locals Say about Gilbert

At least 2 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say kids play outside

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say there are sidewalks

  • 100 % Say people would walk alone at night

  • 73 % Say neighbors are friendly

  • 67 % Say it's walkable to restaurants

  • 50 % Say there's wildlife

  • 33 % Say streets are well-lit

  • 25 % Say it's walkable to grocery stores

  • 20 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Diana D.
    "53 is only 4-5 miles out of town, 10 minutes to border of virginia, never ever any traffic. about 1 hour to Duluth all highway."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-15 00:17:18 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 5159 Vermilion Tr

  • What is 5159 Vermilion Tr estimated to be worth?
    Trulia's estimated value for 5159 Vermilion Tr in Gilbert, MN is $540,000.
  • What is the price history for 5159 Vermilion Tr?
    5159 Vermilion Tr in Gilbert, MN last sold for $539,900 in August 2026.
  • What are the closest schools to 5159 Vermilion Tr?
    The closest schools to 5159 Vermilion Tr in Gilbert, MN are Mesabi East Elementary School (Pre-K, rated 5/10), Mesabi East Secondary (Middle/High, rated 5/10).
  • How big is the lot at 5159 Vermilion Tr?
    The lot at 5159 Vermilion Tr in Gilbert, MN is about 3 acres.
  • Does 5159 Vermilion Tr have a garage?
    Yes, 5159 Vermilion Tr in Gilbert, MN has a garage.

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