x X Waters Island

Ely, MN 55731

$1,585,000
Price
6
Beds
2,146 Sq. Ft.
$739 / Sq. Ft.
2,146
Sq. Ft.
$739
per Sq. Ft.
Shore Dock

Description

With 15.6 acres and 1,400ft of sunny, southwest-facing shoreline, this is a once in a generation offering! Finely handcrafted wooden cabins and exotic yurts nestle in an enchanted grove of towering Norway pines. Enjoy breathtaking sunset vistas from huge granite bluffs across clear, spring-fed waters. Canoe or kayak to the BWCA. Catch giant lake trout in water over 120 feet deep, right in front of your dock! Drive the mint 1956 CrestLiner speedboat five minutes to your own secluded, mainland dock...With 15.6 acres and 1,400ft of sunny, southwest-facing shoreline, this is a once in a generation offering! Finely handcrafted wooden cabins and exotic yurts nestle in an enchanted grove of towering Norway pines. Enjoy breathtaking sunset vistas from huge granite bluffs across clear, spring-fed waters. Canoe or kayak to the BWCA. Catch giant lake trout in water over 120 feet deep, right in front of your dock! Drive the mint 1956 CrestLiner speedboat five minutes to your own secluded, mainland dock with a spacious flat parking area. An easy seven paved and scenic miles to the charming and artistic town of Ely with its shopping and cafes. Forty minutes by car to the Hibbing airport. Don’t miss this unique opportunity! Schedule a visit today!

Property Details for X X Waters Island

Architectural Style
Ranch
View
East, Lake, North, Panoramic, South, West
Waterfront Features
Inland Lake
Waterfront YN
Yes
LISTING UPDATED: 09/08/2025 06:29 PM

Property Details for X X Waters Island

StatusActive
MLS #6119524
Days on Compass20553
Taxes$9,252 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1997
Lot Size15.60 AC / 679,536 SF
CountySt. Louis County

Location

Listing Courtesy of Janisch Realty Inc.
Add your commute

Building Information for X X Waters Island

Stories1Year Built1997Building Size-Lot Size15.60 AC / 679,536 SF

Payment Calculator

$8,603 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,832

Property Taxes

$771

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for X X Waters Island

Summary
Location and General Information
  • Directions: By boat, NW from Van Vac Public Landing, Mainland lot property is road accessible.
  • Latitude: 48
  • Longitude: -92
  • DNR Lake Id Number: 69011800
  • Range: 13
  • Road Between Waterfront And Home: Yes
  • Shoreline Characteristics: Rocky,Sand
  • Waterfront Access: Private
  • Waterfrontage Feet: 1400
  • MLSArea Major: LSAR
  • Road Frontage Type: County Road
  • Road Responsibility: Public Maintained Road
Parking
  • Garage Spaces: 0.0
  • Garage Type: None
  • Parking Features: Gravel
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association Amenities: Dock
  • Association YN: No
  • Taxes With Assessments: 9252
  • Twp Number: 63
  • Parcel Number: 465-0040-03236
  • Tax Annual Amount: $9,252.00
  • Tax Legal Description: Parcel ID 465-0040-03236. Legal to govern
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Finished Area: 2146.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 2146.0
  • Living Area: 2146.0
  • Lot Features: Irregular Lot, Many Trees
  • Lot Size Acres: 15.6
  • Lot Size Dimensions: 1379x1400
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 46x46
  • Other Structures: Bunk House, Gazebo, Sauna, Storage Shed
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 25
  • Land Access: ***
  • New Construction YN: No
  • Possession: Close Escrow
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Public Survey Section: 21
  • Year Built: 1997
Utilities
  • Sewer: Private Sewer
  • Water Body Name: Burntside
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Wood
  • Exterior Features: Deck
  • Foundation Details: Concrete
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Basement: Crawl Space
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Cooling: None
  • Fireplace Features: Free Standing
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Fireplace(s), Wood
  • Interior Features: Ceiling Fan(s), Hardwood Floors, Natural Woodwork, Skylight(s), Tiled Floors, Vaulted Ceiling(s), Dryer Hook-Ups, Washer Hookup
  • Basement Features: N/A
  • Bath Description: Full Master,Private Master,Separate Tub & Shower
  • Dining Room Type: Combine with Living Room,Eat-In Kitchen,Informal Dining Room
  • Main Floor Bedroom: 1
  • Mechanicals: Water Heater-Electric
Room Information
Room 1
  • RoomLength: 25.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 23.0
Room 2
  • RoomLength: 10.0
  • RoomLevel: Main
  • RoomType: Dining Room
  • RoomWidth: 8.0
Room 3
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 7.0
Room 4
  • RoomLength: 16.0
  • RoomLevel: Main
  • RoomType: Bedroom 1
  • RoomWidth: 12.0
Room 5
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Bedroom 2
  • RoomWidth: 12.0
Room 6
  • RoomDescription: 20' Yurt
  • RoomLength: 20.0
  • RoomLevel: Main
  • RoomType: Bedroom 3
  • RoomWidth: 20.0
Room 7
  • RoomDescription: 16' Yurt
  • RoomLength: 16.0
  • RoomLevel: Main
  • RoomType: Bedroom 4
  • RoomWidth: 16.0
Room 8
  • RoomDescription: 24' Yurt
  • RoomLength: 24.0
  • RoomLevel: Main
  • RoomType: Family Room
  • RoomWidth: 24.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2025-05-22
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No
  • Occupant Type: Owner

Property History for X X Waters Island

DateEvent & SourcePriceAppreciation
May 22, 2025

Price Change

NorthStar #6726363

$1,585,000—
May 22, 2025

Listed (Active)

NorthStar #6726363

—
May 20, 2025

Listed (Active)

Lake Superior Area REALTORS #6119524

$1,585,000—
DateEvent & SourcePrice
05/22/2025

Price Change

NorthStar #6726363

$1,585,000
05/22/2025

Listed (Active)

NorthStar #6726363

—
05/20/2025

Listed (Active)

Lake Superior Area REALTORS #6119524

$1,585,000

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

Schools near X X Waters Island

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - PK to 5
Memorial Middle School
Public - 6 to 8
Memorial Secondary
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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More information about X X Waters Island, Ely, MN 55731

X X Waters Island is a single family home for sale in Ely, MN 55731. This property was listed for sale on May 20, 2025 by Janisch Realty Inc., it's currently listed at $1,585,000. This listing's school district is Ely Public School District. Nearby schools include Washington Elementary School, Memorial Middle School and Memorial Secondary. X X Waters Island is a 6-bed, 4-bath, 2,146 sqft single family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes 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 from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 09/08/2025 06:29 PM