Date
Details
Price
Change
Source
7/07/2026
Listed
$1,490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$1,490,000 Just Listed
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1/22
Property Description
Own a private piece of paradise w/ over 10 acres on Waters Island with a staggering 2,000 feet of pristine shoreline on beautiful Burnside 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, tow Pines. Originally a Trapper's Cabin it's full of character and charm. Wrapped in rustic rough cedar siding, it sits perfectly on the island with breathtaking sunrise views greeting you each day. Cozy window seats line the living room, inviting you to soak in sweeping lake vistas. Upstairs, the loft features built-in beds tucked into the eaves and two more bedrooms, sauna round out the main level. Open floor plan hosts the living room, dining and kitchen all overlooking Burntside. Spend time on the island's wooded trails and picking fresh wild blueberries. Modern conveniences are already in place: power, internet, septic system, and a drilled well. 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 dream today.
Full Property Details
Full Property Details for 2889 Waters
General
- Price: $1,490,000
- Taxes: $13,030 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7105212
- Updated: 7/7/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: None
Location
- County: St. Louis
- Township: Morse Twp
- Subdivision: Morse Town Of
- Driving Directions: Grant McMahan to Van Vac Rd to fire number. From there to Waters Island, go NW
School Information
- School District: 696 - Ely
- High School District: Ely
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
- Heating Fuel: Electric
Utilities
- Sewer: Private Sewer
- Water: Drilled
Structural Information
- Exterior Const.: Frame
- Foundation Size: 1122
- Roof: Asphalt
- Disability Access: None
- Square Feet: 1,122
- Above Ground: 1,122 Sq. Ft.
- Finished Down/Base.: 1,122 Sq. Ft.
- Year Built: 1978
Lot Features
- Lot Size (Acres): 12.2
- Lot Dimensions: 1832 x 448 x 847 x 614
- Zoning: Residential-Single Family
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 2265
- Lake Front: Yes
Financial Considerations
- Tax Amount: $13,030
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: THAT PART OF GOVT LOT 4, DESCRIBED AS FOLLOWS: COMMENCING AT THE MEANDER CORNER ON THE WEST SECTION LINE OF SAID SECTION ON THE SOUTH SHORELINE OF BURNTSIDE LAKE; THENCE N00DEG54'06"W, ASSIGNED BEARING, ALONG SAID WEST LINE, A DISTANCE OF 1712.57 FEET TO THE WITNESS CORNER TO MEANDER CORNER NO. 112, THE POINT OF BEGINNING; THENCE N01DEG47'25"W ALONG THE WEST LINE OF SAID GOVT LOT 4, A DISTANCE OF 495.45 FEET; THENCE N85DEG22'06"E, A DISTANCE OF 92.81 FEET TO THE SOUTHERLY LINE OF THE PLAT OF MAKWA ADDITION; THENCE S50DEG00'02"E ALONG SAID SOUTHERLY LINE, A DISTANCE OF 63.79 FEET TO THE SOUTHEA
- Property ID: 465004003392
Listed by Z'Up North Realty, Inc.
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— 2889 Waters —
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NMLS#: 1598647
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Price & Sales History for 2889 Waters
Tax History
Tax History for 2889 Waters
Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,638
19%
$575,700
4%
2025
$5,592
5%
$554,500
18%
2024
$5,330
10%
$469,000
17%
2023
$4,828
-14%
$401,200
—
2022
$5,612
24%
$401,600
—
2020
$4,538
6%
$401,600
5%
2019
$4,288
—
$381,200
—
2018
$4,278
-1%
$381,200
—
2017
$4,304
-3%
$381,200
-4%
2016
$4,422
-2%
$395,700
—
2015
$4,496
—
$395,700
—
2014
$4,480
-1%
$394,500
—
2013
$4,512
—
$394,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2889 Waters
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Sold by Move it Real Estate Group/Lake
2889 Waters, Ely, MN 55731 (MLS# 7105212) is a Single Family property with 3 bedrooms and 1 full bathroom. 2889 Waters is currently listed for $1,490,000 and was received on July 07, 2026. Want to learn more about 2889 Waters? Do you have questions about finding other Single Family real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.