MLS: #7024213, Listed By: Sherry Anderson, Vermilion Land Office, Inc., Source:FargoMoorhead Area Association of REALTORS

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5372 Ely Island

Tower, MN 55790
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Bed 2

Bed

Bath 0

Bath

SqFt648

Sqft

Acres1

Acre(Lot)

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 th e one and only Lake Vermilion in Northern Minnesota. Start making memories today!

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Detail Ic Property Details

Property Type : Residential

Price : $289,000

AD Id : 75535409

MLS Id : 7024213

Beds : 2

Lot Size : 1 Acre

Living Area Size : 648

Year Built : 1984

County : Saint Louis

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Feature Features

  • Bedroom Information

    Total beds: 2

    Room Information

    Rooms Total: 4 Basement: Crawl Space
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Appliances: Microwave, Range, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Cooling: None

  • Building Information

    Year Built: 1984 Building Area Total: 648 Construction Materials: Frame Stories: 1 Patio And Porch Features: Deck Private Pool: No View: Lake

  • Lot Information

    Lot Dimensions: 423x135 Main Square Feet: 1 Acres Lot Size Acres: 1 Lot Size Square Feet: 43560

  • Listing Price Information

    Listing Price: $289000 Cash, Conventional

  • Tax Information

    Parcel Number: 270011600050 Annual Tax: $1530

  • Parking Information

    None

  • Location Information

    Direction: Via boat from Stuntz Bay which is 1.6 miles from property and closest boat launch. WaterSource: Private
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At $445.99 per sq.ft.,this listing is priced below average compared to other homes from Tower.

The average homes price in Tower is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Saint Louis County is $373818.81 with avg. price / sq.ft of $2100.74.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2001 A&B Bayview Road, Tower, MN, 55790 $1,400,000 3 2 1,344 1,344 SqFt
5262 Ely Island, Tower, MN, 55790 $449,000 2 -- 624 624 SqFt
5497 Pine Island Is, Tower, MN, 55790 $798,500 2 2 2,008 2,008 SqFt
110 3rd Street, Tower, MN, 55790 $212,000 3 2 2,072 2,072 SqFt
506 2nd Street, Tower, MN, 55790 $275,000 3 2 1,659 1,659 SqFt
508 3rd Street, Tower, MN, 55790 $89,000 3 1 989 989 SqFt
815 3rd Street, Tower, MN, 55790 $239,000 5 2 2,184 2,184 SqFt
5743 Puncher Point Road, Tower, MN, 55790 $1,480,500 3 3 2,560 2,560 SqFt
5878 Echo Point Road, Tower, MN, 55790 $379,900 3 1 768 768 SqFt
1880 Everett Road, Tower, MN, 55790 $1,975,000 3 3 3,394 3,394 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 04/06/2026 @ 21:16

MLS: 7024213 LISTED BY: Sherry Anderson, Vermilion Land Office, Inc. 218-753-8985 SOURCE: FargoMoorhead Area Association of REALTORS

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