Active
$945,000
Est: $5,088/moGet pre-approved
230,868 Lot Size5.3 Acres

tbd Tbd Waters Island, Ely, MN 55731

LandProperty Type
5.3 acresLot Size

Description

Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the central part of the lake to the Boundary Waters Wilderness. To the east, enjoy its secluded bay, great...Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the central part of the lake to the Boundary Waters Wilderness. To the east, enjoy its secluded bay, great for swimming, and sheltered for boats. There are several easily accessible choices for level building sites tucked among majestic Norway pines, as well as a towering granite bluff with unparalleled panoramic views. Includes are for mainland dock a half mile away with a spacious parking area and a short, level driveway to the Eastern Van Vac Road. Seven scenic, paved miles to the charming town of Ely, with its cafes, galleries and frontier spirit. 40 minutes to the Hibbing Airport.
110 days on Market
  • Listed by: • Janisch Realty, Inc
Last updated: 06/28/2026 01:05 PM • Source: NorthStar, MLS#: 6726369
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Location

Listing Courtesy of Janisch Realty, Inc
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$5,088 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,045

Property Taxes

$43

HOA Dues

$0

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Property Information for Tbd Tbd Waters Island

Property Details

  • Taxes: $520 / year
  • MLS Type: Land
  • Subdivision Name: Morse Town Of
  • View: Lake, Panoramic
  • Waterfront Features: Lake Front
  • Waterfront YN: Yes
  • Zoning Jurisdiction: Lot

Building Information

  • Lot Size: 5.30 AC

Summary

Location and General Information
  • City Name: Ely
  • County Or Parish: St. Louis
  • County: St. Louis-MN
  • Directions: By boat, NW from Van Vac Public Landing, Mainland dock property is road accessible.
  • Latitude: 47.925768
  • Longitude: -91.991289
  • Nbr of Acres: 7314
  • Lake Bottom: Gravel, Sand
  • Lake Name: Recreational Development
  • PLAT: 126
  • Map Coordinate: 999-A1
  • City and Location: Ely
  • City and Location Text: Ely(MN)
  • Postal Code: 55731
  • State Or Province: MN
  • Public Survey Township: 63
  • Waterfront Property YN: Yes
  • Topography: Rolling
  • Water Body Name: Burntside
  • Waterfront Footage: 69011800
  • Waterfront Frontage: 740
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 465004003238
  • Tax Annual Amount: $520.00
  • Tax Legal Description: Parcel ID 465-0040-03238. Legal to govern
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 520
School Information
  • High School District: 696 - Ely
  • School District Number: 696
  • School District Phone: 2183656166

Property

Lot Information
  • Living Area Units: Square Feet
  • Lot Features: BWCA Access, Island/Peninsula, Property Adjoins Public Land, Tree Coverage - Heavy
  • Lot Size Area: 5.3
  • Lot Size Dimensions: 1157x710
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Program Acres Total: 0
  • Property Type: Land
Property and Assessments
  • Development Amenity Type: No
Utilities
  • Utilities: Electricity Available, None Connected

Interior and Exterior Features

Interior Features
  • Basement YN: No

Property History for Tbd Tbd Waters Island

DateEvent & SourcePriceAppreciation
May 22, 2025

Price Change

NorthStar #6726369

$945,000
—
May 22, 2025

Listed (Active)

NorthStar #6726369

—
—
May 20, 2025

Listed (Active)

Range Association of REALTORS #148382

$945,000
—
DateEvent & SourcePrice
05/22/2025

Price Change

NorthStar #6726369

$945,000
05/22/2025

Listed (Active)

NorthStar #6726369

—
05/20/2025

Listed (Active)

Range Association of REALTORS #148382

$945,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near Tbd Tbd Waters Island

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Memorial Secondary
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Tbd Tbd Waters Island is a 5.3 ac of land for sale in Ely, MN 55731. This property was listed for sale on May 23, 2025 by Janisch Realty, Inc, it's currently listed at $945,000. This listing's school district is Ely Public School District. Nearby schools include Washington Elementary School, Memorial Middle School and Memorial Secondary. Tbd Tbd Waters Island is a 0-bed, 0-bath 5.3 ac of land on a 230,868 sq. ft. / 5.3 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Janisch Realty, Inc

Based on information submitted to the MLS GRID as of 06/28/2026 01:05 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.