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Lake Vermilion, MN Real Estate and Lake Lots-for sale


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Lake Vermilion Contract For Deed

Lake Vermilion is a freshwater lake in northeastern Minnesota. Lake Vermilion is located between the towns of Tower on the east and Cook on the west, in the heart of Minnesota’s Arrowhead Region at Vermilion Iron Range. The area was mined from the late 19th century until the 1960s, and the Soudan Mine operated just south of the lake.

The lake contains black crappie, bluegill, brown bullhead, largemouth bass, muskellunge, northern pike, sunfish, rock bass, smallmouth bass, tullibee, walleye, white sucker, and yellow perch. Lake Vermilion is known for its walleye and muskie fishing. In the spring of 2005, Lake Vermilion was host to the annual Minnesota Governor’s Fishing Opener Weekend. Some fish consumption guideline restrictions have been placed on the lake’s bluegill, crappie, northern pike, walleye, and white sucker due to mercury contamination. Many feel the increased population of muskies has had a detrimental effect on the walleye population, although some believe the walleye fishing when the walleye slot limit changed (18″ to 26″) and the bag limit was reduced (from 6 to 4) in recent years. However, as the population rebounded, a new special regulation for walleye came into effect in May 2017. The new regulation is a 20 to 26 inch protected slot limit, with one fish over 26 inches allowed in a four fish possession limit

The lake attracts visitors from all parts of Minnesota and the midwestern United States, who lodge at the lake’s numerous resorts and hotels. Tourists are drawn by Lake Vermilion’s reputation as a fishing destination, as well as its setting in the northern Minnesota wilderness. The lake is near the Superior National Forest and the Boundary Waters Canoe Area Wilderness (BWCAW).

The Minnesota DNR rates Lake Vermilion as the fifth largest lake by surface area within Minnesota borders. The surface area of Lake Vermilion is 39,271 acres  and has a maximum depth of 76 feet .It is the southernmost section of the Canadian Shield, and contains over 365 islands.

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