5262 Ely Island S, Tower, MN 55790 - Photo 1

1/1

$320,000

Sold
Closed
Single Family
2 Beds
624 Sq. Ft.
Updated 12 days ago

1/1

Property Description

Welcome to your Lake Vermilion Tranquil Island retreat. This charming rustic 2 bedroom log cabin situated on 39.25 acres with 3225 total feet of shoreline on both sides of Ely Island offers the ultimate privacy. The log cabin exudes timeless charm of a bygone era. The warm, inviting interior features a vaulted ceiling, stone wood- burning fireplace and wood floors. Enjoy breathtaking, panoramic views of the pristine waters. Island life provides endless opportunities for boating, fishing, kayaking, hiking and relaxing by the water's edge. Accessible only by boat, this log cabin is a gateway to a lifestyle of peace and adventure. Escape the crowds and immerse yourself in the natural beauty and quietude of beautiful Northern Minnesota!

Full Property Details

Full Property Details for 5262 Ely Island S

General

Sold For: $320,000
Taxes: $4,599 (2025)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 6780806
Added to Site: 373 day(s) ago

Parking

Parking Features: None

School Information

School District: 2142 - St. Louis County
High School District: St. Louis County

Heating & Cooling

Cooling Type: None
Heating Type: Wood Stove
Heating Fuel: Wood

Utilities

Sewer: Outhouse
Water: None

Water Features

Water Front Desc.: Lakefront
Water Front Feet: 3225
Lake Front: Yes
Lake Bottom: Rocky, Undeveloped

Financial Considerations

Tax Amount: $4,599
Tax Year: 2025
Terms: Conventional, Cash

Disclosures and Reports

Legal Description: Lot 2, Breitung
Property ID: 270002001350

Listed and Sold by Vermilion Land Office, Inc.

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Listing agent

— 5262 Ely Island S —

Vermilion Land Office, Inc.

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Price & Sales History for 5262 Ely Island S

Date

Details

Price

Change

Source

8/14/2026

Sold

$320,000

-28.73%

MLS

8/29/2025

Listed

$449,000

—

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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