5397 North Ely Island

Tower, MN 55790

$129,500
Price
233,481 / 5.36
Lot Size / Acres

Description

"Prime lakeshore property on Ely Island! 310 feet of wooded shoreline plus over 5 acres adjacent to 40 acres of State of Minnesota land. North-facing for breathtaking views, with electricity and a convenient lift-out dock already in place. Mature trees provide the perfect setting for your cabin dreams. Don't miss out on this opportunity for big water views and endless possibilities!""Prime lakeshore property on Ely Island! 310 feet of wooded shoreline plus over 5 acres adjacent to 40 acres of State of Minnesota land. North-facing for breathtaking views, with electricity and a convenient lift-out dock already in place. Mature trees provide the perfect setting for your cabin dreams. Don't miss out on this opportunity for big water views and endless possibilities!"
  1. Listed by Barb Hegg • Vermilion Land Office, Inc

Property Details for 5397 North Ely Island

Area
LSAR
Waterfront
Yes
Waterfront Access
Private
Waterfront Name
Vermilion
Waterfront Type
Inland Lake

Location

Listing Courtesy of Vermilion Land Office, Inc
Add your commute
LISTING UPDATED: 05/10/2024 11:23 PM

Property Details for 5397 North Ely Island

StatusActive
MLS #6113619
Days on Compass23
Taxes$832 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLOT/LAND / Residential
Year Built-
Lot Size5.36 AC
CountySt. Louis County

Location

Listing Courtesy of Vermilion Land Office, Inc
Add your commute

Building Information for 5397 North Ely Island

Building Size-Lot Size5.36 AC

Payment Calculator

$776 per month

30 year fixed, 7.25% Interest

Principal and Interest

$707

Property Taxes

$69

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5397 North Ely Island

Summary
Location and General Information
  • City: Tower
  • State: MN
  • County: St. Louis County
  • Directions: Via Boat from public access sites, Aronson's Marina, Stuntz Bay
  • Lake Class: GD
  • Lake Maximum Depth: 76.0
  • Road Between Waterfront: No
  • Road Frontage: None
  • Shoreline Characteristics: Rocky, Undeveloped
  • Township Number: 62
  • Township Name: Breitung township (St. Louis County)
  • View: Inland Lake, Bay
  • Waterfrontage - ft: 310.0
  • Zip: 55790
Taxes and HOA Information
  • Association Fee: No
  • Tax Year: 2024
  • Tax Amount: $832.00
Parking
  • Parking/Driveway: None
School Information
  • School District: St. Louis County #2142
Property
Property and Assessments
  • Builder Restrictions: None
  • Class: LOT/LAND
  • Classification (MN): NonHomestead
  • Development Status: Raw Land
  • Disclosures/Docs: Disc./Condition Report
  • Improvements: Dock
  • Possession: Close Escrow
  • Sub Type: Residential
  • Terms: Cash, Conventional
Lot Information
  • Approx Lot Dimension: 814x305
  • Approx Number of Acres: 5.36
  • Lake Acres: 39272.5
  • Land Improvements: No
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium
Utilities
  • On Site Utilities: None

Property History for 5397 North Ely Island

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5397 North Ely Island

This home is within St. Louis County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
Tower-Soudan Elementary School
PublicPK to 6

Northeast Range Secondary
Public7 to 12

North Woods Secondary
Public7 to 12

Cherry Elementary School
PublicPK to 6

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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5397 North Ely Island is a 5.36 ac of land for sale in Tower, MN 55790. This property was listed for sale on May 10, 2024 by Vermilion Land Office, Inc, it's currently listed at $129,500. This listing's school district is St. Louis County School District. Nearby schools include Tower-Soudan Elementary School, Northeast Range Secondary and North Woods Secondary. 5397 North Ely Island is a 0-bed, 0-bath, 5.36 ac of land on a 233,481 sq. ft. / 5.36 acres lot.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 Vermilion Land Office, 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 05/10/2024 11:23 PM