This extraordinary legacy property on Lake Vermilion presents a once-in-a-lifetime opportunity to own a private retreat on a stunning point with breathtaking panoramic views, unmatched privacy, and 850 feet of pristine shoreline. With lake frontage on both sides of the property, you’re truly surrounded by water, creating a sense of seclusion that’s both peaceful and relaxing. A beautiful sand beach area provides the perfect spot for swimming, lounging, and lakeside gatherings, while multiple docks offer excellent access for boating, fishing, and water recreation. The spacious main lake home features five bedrooms and two bathrooms, with an open-concept kitchen, dining, and living area designed for comfort and entertaining. Two fireplaces add a cozy charm, and the home includes two enclosed porches plus a private deck off the large master suite, offering plenty of quiet corners to relax and enjoy the lake from every angle. A generous rec room provides additional space for games, entertainment, or unwinding after a day on the water. The grounds are beautifully landscaped and include a gazebo, hot tub, and a privacy fence that enhances the quiet, resort-like feel of the property. A separate guest cabin sits just off the water and features three bedrooms, a full bath, a kitchen, and a comfortable living room. The cabin’s large lakeside deck includes a second hot tub, making it a perfect space for guests or a potential rental. A unique highlight is the private lagoon, ideal for floatplane access or extra dockage. Whether you envision a legacy retreat or a high-end short-term rental investment, this property combines natural beauty, luxury, and versatility in one of Minnesota’s most beloved lake destinations. Rarely does a property with this much character, frontage, and opportunity come to market.