1597 McKinley Park Acres Rd, Tower, MN, 55790
About This Home
YEAR AROUND LAKE HOME. Check out this stunning 2+ bedroom 1.75 bath home in highly desired McKinley Park area of Lake Vermilion. Nestled in towering pines on approximately 1.7 acres that face West for stunning sunset views this home features a lake front brick fireplace surrounded by windows, large kitchen with center island perfect for hosting events, primary bedroom and full bath on the main level plus a nice size loft office/bedroom. The lower level also boasts a free standing gas fireplace in the Family Room with walkout to enclosed porch with hookups for a hot tub. Property includes a detached 16x40 garage, a 12x26 garage and a lake front storage building strategically placed to hold fishing equipment or swimming toys. There is approximately 187’ of shoreline with a huge level area perfect for relaxing and watching the Loons swim by. Hiking, biking, ATV and snowmobile trails nearby for year around fun. Minutes to Fortune Bay Resort Casino for Championship Golfing, entertainment and dining. Short drive to Giants Ridge for more Championship Golfing, cross country or downhill skiing. Come experience the magic of dropping a line and catching some nice Walleye for dinner, enjoy the thrill of landing a Muskey for the first time or spend some time searching for some Bass. Not into fishing? There are 365 islands to boat around and multiple Bar/Restaurants with dockage for a quick lunch or dinner. Come see all Lake Vermilion has to offer!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Range,Refrigerator
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access
Bedroom
- Level: Main
- Area: 169
- Dimensions: 13x13
Bedroom2
- Level: Lower
- Area: 143
- Dimensions: 11x13
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Family Room
- Level: Lower
- Area: 180
- Dimensions: 10x18
Features
- Number of fireplaces: 2
- Fireplace features: Family Room,Free Standing,Gas,Living Room,Wood Burning,Wood Burning Stove
- Fireplace: Yes
- Finished area below ground: 1,086
- Finished area above ground: 1,310
Heating & Cooling
- Heating features: Baseboard,Dual Fuel/Off Peak
- Cooling features: None
Interior Area
- Total structure area: 3,216
- Total interior livable area: 2,396 sqft
Kitchen
- Level: Main
- Area: 238
- Dimensions: 14x17
Living Room
- Level: Main
- Area: 434
- Dimensions: 14x31
Loft
- Level: Upper
- Area: 240
- Dimensions: 15x16
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 270008400250
- Zoning description: Residential-Single Family
- Foundation area: 1086
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Porch
- Has view: Yes
- View description: Lake,Panoramic,West
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Lake Front,Lake Bottom(Gravel,Rocky)
- Frontage length: Water Frontage: 187
Lot
- Lot size: 1.84 Acres
- Features: Tree Coverage - Medium
- Lot size dimensions: 700 x 180
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Heat Wave
- Inland Flooding
- 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 | $3,691 | $44,292 |
| Home Insurance * | $180 | $2,160 |
| Property Taxes | $648 | $7,776 |
| Electricity | $202 | $2,424 |
| Total | $4,721 | $56,652 |
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 |
|---|---|---|
| 2026-07-16 | Price change | $730,000 |
| 2026-05-26 | Listed for sale | $769,000 |
View on Zillow