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5441 Ely Island, Tower, MN 55790

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For Sale

$365,000

240 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $1,520.83
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Possibly the best view on Lake Vermilion! Breathtaking views of 10+ islands. Everything on the property is new & ready for you to enjoy. This 16.5 acre parcel sits on a point with 180 degree views. 365' of elevated and flat shoreline.Property includes a new Amish-built cabin & outhouse with Andersen Windows & storm doors, Diamond Kote siding, closed cell spray foamed floor in cabin, new king-sized bed & coverings, 2 new futons, 400 amp electric service, new SS fridge/freezer, 20' one trip shipping container, second storage shed, new stairs down to new 40 L shaped dock w/two cedar benches & swim ladder & new boat lift, additional 40 dock & sitting deck, multiple fire rings & outdoor furniture, two viewing benches on the point, cedar swing, aluminum picnic table & bbq grill.Huge red & white pines, birch, poplar, maple & more. Property is dotted w/large boulders. Located very close to the deepest fishing holes on the lake. End of dock is 14' deep and great walleye fishing!
MLS# 148121

Courtesy Of Vermilion Land Office Inc

(218) 753-8985

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Water Front
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Lot Size
    16.5 Acres
  • Roof Type
    Asphalt
  • Rooms
    Living Room

Map and Directions

Directions to 5441 Ely Island, Tower, MN 55790

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(507) 359-9212
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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