2889 Waters, Ely, MN 55731 (MLS# 7105212)


$1,490,000
2889 Waters
Ely, MN 55731
MLS# 7105212
3 beds  |  1 baths  |  1122 sqft


2889 Waters, Ely, MN 55731
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Property Description
Imagine owning your own private piece of paradise with over 10 acres on Waters Island with a staggering 2,000 feet of pristine shoreline on beautiful Burntside Lake and a rare offering of a separate 2+ acre mainland parcel with 210 feet of shoreline on Van Vac Road for convenient access and extra privacy provided by the massive, towering Pines. Between the Island, and Inland lot, you have two additional building sites AND a Cabin if you wanted to separate the parcels. Wrapped in rustic rough cedar siding, it sits perfectly on the island with breathtaking sunrise views greeting you each day, sitting where an original trappers shack was located. You have 3 docks and 2 additional buildable lots. The 3rd dock in on the 4-acre western parcel on the island and features two benches hand made from fallen trees, one overlooks the west view, and one overlooks the east view. In the cabin, you have cozy window seats line the living room, inviting you to soak in the vast lake views. Upstairs, the loft features beds tucked into the eaves for max space, with two more bedrooms on the main floor. Open floor plan hosts the living room, dining and kitchen all overlooking Burntside. And don't forget the Sauna! Spend your days exploring the island’s wooded trails and picking fresh wild blueberries. Modern conveniences are already in place: power, internet, septic system... Handy shed stores all your lakeside necessities. True legacy property that is being offered for the first time. Whether you’re seeking a peaceful family retreat, a hunting and fishing basecamp, or a private island getaway, look no further. It's time to start living your dreams today.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 1490000
Original List Price: 1490000
ListPrice: 1490000
List Date: 2026-07-07
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: Yes
New Development: No
Road Btwn WF & Home?: No
Waterfront Frontage: 2265
Waterfront YN: Yes
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 1
Bath Full: 1
Main Floor Total SqFt: 1122
Above Grd Total SqFt: 1122
Total SqFt: 1122
Total Finished Sqft: 1122.00
FireplaceYN: No
Lake/Waterfront Name: Burntside
Style: (SF) Single Family
Foundation Size: 1122
Power Company: Lake Country Power
Lot Dimensions: 1832x448x847x614
Acres: 12.2
Assessment Pending: Yes
Location Tax and Other Information
House Number: 2889
Street Name: Waters
Postal City: Ely
County: St. Louis
State: MN
Zip Code: 55731
Complex/Dev/Subdivision: Morse Town Of
Additional Parcels Information
Property ID #2: 465004003239
Property ID #3: 465004003235,465004003394,465004003504
Assessments
Assessment Balance: 6638
Tax With Assessments: 13030
Basement
Foundation Dimensions: 22x12,22x12,10x11,6x13
Building Information
Finished SqFt Above Ground: 1122
Lake Details
Lake Acres: 7313
Lake Depth: 126
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 13
Section#: 22
Township#: 63
Property Features
Accessible: None
Air Conditioning: None
Appliances: Range; Refrigerator
Basement: None
Bath Description: Main Floor Full Bath
Construction Materials: Frame
Construction Status: Previously Owned
Electric: 100 Amp Service
Exterior: Wood
Foundation: Slab
Fuel: Electric
Heating: Baseboard
Parking Characteristics: None
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: Private Sewer
Special Search: All Living Facilities on One Level
Stories: One
Water: Drilled
Waterfront Type: Lake Front
Room Information
Room Name Dimensions Level
Bathroom11.6 x 7Main
First (1st) Bedroom12 x 8.4Main
Kitchen14 x 7.2Main
Living Room11.7 x 21.2Main
Loft6 x 23Upper
Second (2nd) Bedroom11.6 x 9.2Main

Listing Office: Z'Up North Realty, Inc.

Last Updated: August - 16 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 16th of August 2026 03:30 PM

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