8481 Wakemup Narrows N, Cook, MN, 55723
About This Home
Ultimate Waterfront Compound: Island, Bay, and Mile-Long Shoreline. A Generational Legacy on Lake Vermilion’s Most Coveted Shores. Retreat to a world of unparalleled privacy and natural splendor on one of National Geographic’s Top 10 Most Scenic Lakes. Spanning 46 pristine acres in breathtaking Wakemup Bay, this estate is a masterclass in seclusion, featuring its own private island & sheltered bay with calm waters perfect for a floatplane dock. At its heart lie three grandfathered cabins perched directly at the water’s edge—a historic privilege no longer granted to new builds. Anglers and adventurers will thrive with a mile of shoreline, elite fishing, and crystal-clear swimming areas. Modern infrastructure—including permanent electricity, a new septic system, new roofs and surveyed potential for subdivision—ensures this rugged paradise is as functional as it is beautiful. This sanctuary has hosted generations of milestones. Now, it awaits your story. Photos show apx property lines.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Previously Owned
- Year built: 1963
Materials
- Roof: Asphalt Shingle
- Construction materials: Wood,Frame/Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
Bedroom
- Level: Upper
- Area: 116.25
- Dimensions: 7.5 x 15.5
Bedroom
- Level: Upper
- Area: 143.75
- Dimensions: 11.5 x 12.5
Bedroom
- Level: Upper
- Area: 143.75
- Dimensions: 11.5 x 12.5
Bedroom
- Level: Upper
- Area: 172.5
- Dimensions: 11.5 x 15
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 178.25
- Dimensions: 11.5 x 15.5
Family Room
- Level: Main
- Area: 372
- Dimensions: 15.5 x 24
Features
- Natural Woodwork,Sauna,Vaulted Ceiling(s)
- Flooring: Hardwood Floors
- Number of fireplaces: 2
- Fireplace features: Multiple
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,080
Heating & Cooling
- Heating features: Wood
- Cooling features: None
Interior Area
- Total interior livable area: 2,080 sqft
Kitchen
- Level: Main
- Area: 116.25
- Dimensions: 7.5 x 15.5
Living Room
- Level: Main
- Area: 426.25
- Dimensions: 15.5 x 27.5
Property
Details
- Parcel number: 250002003130
- Foundation area: 1632
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Inland Lake,Panoramic
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Inland Lake,Waterfront Access(Public),Shoreline Characteristics(Rocky)
- Waterbody name: Vermilion
- Frontage length: 5288
Lot
- Lot size: 46 Acres
- Features: Irregular Lot,Tree Coverage - Heavy,BWCA Access
- Lot size dimensions: 2390 x 1000
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Inland Flooding
- Heat Wave
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in St. Louis County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,335 | $100,020 |
| Home Insurance * | $186 | $2,232 |
| Property Taxes | $1,401 | $16,812 |
| Electricity | $175 | $2,105 |
| Total | $10,097 | $121,164 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-04 | Price change | $1,750,000 |
| 2026-03-03 | Listed for sale | $1,750,500 |
| 2024-01-01 | Listing removed | -- |
| 2023-09-29 | Price change | $1,750,500 |
| 2023-06-25 | Price change | $1,973,000 |
| 2022-07-30 | Price change | $1,998,500 |
| 2022-06-24 | Price change | $2,248,500 |
| 2021-11-03 | Listed for sale | $2,475,000 |
| 2020-08-31 | Listing removed | $1,750,000 |
| 2020-07-01 | Listed for sale | $1,750,000 |
View on Zillow