7340 Hinsdale Island, Cook, MN, 55723
About This Home
Owner will FINANCE!! Lake Vermilion cabin conveniently located just minutes from the marina. This water-access-only property sits on a private 5.8-acre lot on Hinsdale Island and offers 245 feet of shoreline with beautiful views down the narrows. The well maintained cabin features 2 bedrooms and an open-concept living room and kitchen with patio doors leading to a spacious deck. Additional highlights include a sauna, composting toilet, extensive landscaping, updated water pump and plumbing in the pump house for water supply and a newly installed ductless mini spit air conditioner with heat pump. This turn-key lake cabin is a great opportunity to get started with lake life living. The purchase also includes a boat and a private boat slip at the local marina for the 2026 season.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Previously Owned
- Year built: 1970
Materials
- Foundation: Wood
- 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
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 1/4 bathrooms: 1
- Main level bedrooms: 1
Features
- Sauna
- Finished area below ground: 0
- Finished area above ground: 576
Heating & Cooling
- Heating features: Baseboard,Radiant,Ductless,Propane
- Cooling features: Ductless
Interior Area
- Total interior livable area: 576 sqft
Property
Details
- Parcel number: 387003503657
- Foundation area: 576
Features
- Patio & porch: Deck
- Exterior features: Boat Slip,Dock
- Has view: Yes
- View description: Inland Lake,Panoramic
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Inland Lake,Waterfront Access(Private)
- Waterbody name: Vermilion
- Frontage length: 245
Lot
- Lot size: 5.81 Acres
- Features: Irregular Lot
- Lot size dimensions: 1000 x 230
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 | $1,744 | $20,928 |
| Home Insurance * | $186 | $2,232 |
| Property Taxes | $185 | $2,220 |
| Electricity | $170 | $2,050 |
| Total | $2,285 | $27,420 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $320,000 |
| 2026-07-08 | Price change | $345,000 |
| 2026-05-23 | Listed for sale | $365,000 |
View on Zillow