5372 Ely Island S, Tower, MN 55790 (MLS# 7024213)
$279,000
Tower, MN 55790
MLS# 7024213
2 beds | 648 sqft
1 / 30
Property Description
Escape to island living on Ely Island located on the legendary Lake Vermilion-one of Minnesota's most sought-after lakes. This adorable 2-bedrm cabin captures the true Up North experience with vaulted ceilings, warm knotty pine walls, and breathtaking island-studded views in every direction. Enjoy the privacy and serenity of boat-access cabin living with a quick, convenient commute from Stuntz Bay Public Boat Launch. Spend your days casting a line for world-class walleye and muskie, cruising the shoreline, or boating to lakeside restaurants and the charming harbor in the quaint town of Tower. Whether you are fishing at sunrise, exploring hidden bays, or simply relaxing on the deck taking in panoramic water views, this is an outdoor enthusiast's dream. An affordable opportunity to own on the one and only Lake Vermilion in Northern Minnesota. Start making memories today!
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 279000
Original List Price: 289000
ListPrice: 279000
List Date: 2026-02-18
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Road Btwn WF & Home?: No
Waterfront Frontage: 135
Waterfront Present: Yes
Year Built: 1984
Yearly/Seasonal: Seasonal
Zoning: Shoreline, Residential-Single Family
Bedrooms: 2
Main Floor Total SqFt: 528
Above Grd Total SqFt: 648
Total SqFt: 648
Total Finished Sqft: 648.00
FireplaceYN: No
Lake/Waterfront Name: Vermilion
Style: (SF) Single Family
Foundation Size: 528
Power Company: Lake Country Power
Lot Dimensions: 423x135
Acres: 1
Assessment Pending: Yes
Location Tax and Other Information
House Number: 5372
Street Name: Ely
Street Suffix: Island
Street Direction Suffix: S
Postal City: Tower
County: St. Louis
State: MN
Zip Code: 55790
Assessments
Assessment Balance: 35
Assessment Installment: 35
Tax With Assessments: 1530
Basement
Foundation Dimensions: 22x24
Building Information
Finished SqFt Above Ground: 648
Lake Details
Lake Acres: 39272
Lake Depth: 76
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 15
Section#: 15
Township#: 62
Property Features
Accessible: None
Air Conditioning: None
Appliances: Microwave; Range; Refrigerator
Basement: Crawl Space
Bath Description: Other
Construction Materials: Frame
Construction Status: Previously Owned
Dining Room Description: Living/Dining Room
Exterior: Wood
Foundation: Pillar/Post/Pier
Fuel: Electric
Heating: Baseboard
Lake Details: Gravel; Undeveloped
Lot Description: Accessible Shoreline; Tree Coverage - Medium
Parking Characteristics: None
Property Subtype: Cabin
Road Frontage: None
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: Outhouse
Stories: One and One Half
Water: Private
Waterfront View: Lake
Room Information
| Room Name | Dimensions | Level |
| Living Room | 23x11 | Main |
| First (1st) Bedroom | 10.9x10 | Main |
| Kitchen | 13.9x11 | Main |
| Second (2nd) Bedroom | 23x9 | Upper |
Listing Office: Vermilion Land Office, Inc.
Last Updated: May - 19 - 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.
Wednesday 20th of May 2026 04:16 PM
218-998-4400
Mohagen Real Estate
Let's Connect
Mohagen Real Estate
sue@MohagenRealEstate.com
Office: 218-998-4400
Cell: 218-731-7376
Mohagen Real Estate is licensed in the State of Minnesota