5159 Vermilion Tr, Gilbert, MN 55741
Property image
Property image
FOR SALE
3 ACRES

5159 Vermilion Tr
Gilbert, MN 55741

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

$539,900

Est. Mortgage $3,312/mo*

$539,900

Est. Mortgage $3,312/mo*
3 Beds
2 Baths
1,868 sqft
(on 3 acres)

Home Highlights

Parking
Garage
Climate Control
Heating only
Price/Sqft
$289
Listed
10 days ago

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

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!

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

Days on Market

Cumulative Days on Market: 10Days on Market: 10

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

Active Status

MLS Status: ACTIVE

Location

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

Agent Information

Listing Agent
Listing ID: 6126858

HOA

No HOA

Lot Information

Lot Area: 3 Acres

Offer

Contingencies: Subject to Financing (MN Only)

Miscellaneous

BasementMls Number: 6126858Attribution Contact: ***Above Grade Unfinished Area: 1214
Last check for updates: about 12 hours ago
Listing courtesy of Joseph Tome, (218) 235-8325
Grand Properties
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6126858

Market trends in Gilbert

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
11
5
MoM

Price History for 5159 Vermilion Tr

DatePriceEventSource
07/17/2026$539,900Listed For SaleNorthstarMLS as distributed by MLS GRID #7111741
04/05/2024$517,436Sold
Lake Superior Area Realtors as distributed by MLS GRID #6109239
02/23/2024$549,500PendingLake Superior Area Realtors as distributed by MLS GRID #6109239
02/23/2024$549,500ContingentRange AOR #145363
09/22/2023$549,500PriceChange
Range AOR #145363
08/10/2023$524,500PendingLake Superior Area Realtors as distributed by MLS GRID #6109239
08/10/2023$524,500ContingentRange AOR #145363
07/30/2023$524,500PendingToActiveRange AOR #145363
07/20/2023$524,500PendingLake Superior Area Realtors as distributed by MLS GRID #6109239
07/20/2023$524,500ContingentRange AOR #145363
07/08/2023$524,500Listed For SaleRange AOR #145363

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Property Tax and Assessment

Year2024
Tax$2,596
Assessment$247,700
Home facts updated by county records

Comparable Sales for 5159 Vermilion Tr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.17
Single-Family Home
$488,500
09/23/25
3
1.5
1,520
2.24
Single-Family Home
$512,500
05/15/26
3
2
1,858
2.40
Single-Family Home
$174,000
08/05/25
3
1.5
1,120
2.84
Single-Family Home
$150,000
02/23/26
4
2
1,774

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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."

LGBTQ Local Legal Protections

Joseph Tome, Grand Properties
Agent Phone: (218) 235-8325
Based on information submitted to the MLS GRID as of 2026-07-31 00:02:29 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
5159 Vermilion Tr, Gilbert, MN 55741 is a 3 bedroom, 2 bathroom, 1,868 sqft single-family home built in 1943. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Jul 20, 2026. The MLS # for this home is MLS# 6126858.