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

1/1

$320,000

Sold
Closed
Single Family
2 Beds
624 Sq. Ft.
Updated 5 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 S Ely Island

General

Sold For: $320,000
Taxes: $5,043 (2026)
Status: Closed
Type: Single Family
Source: 1402
MLS ID: 6121632
Added to Site: 358 day(s) ago

Interior

Interior Features: Hardwood Floors, Vaulted Ceilings, Beamed Ceilings
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Wood Burning
Appliances: Range, Refrigerator

Rooms

Bedrooms

Total Bedrooms: 2

Other Rooms

Dining Room: Combine with Living Room

Exterior

Exterior Features: Deck, Dock

Parking

Parking Features: None

Location

Area: R
County: St. Louis County
Township: Breitung township (St. Louis County)
Driving Directions: Via boat from any boat launch. Stuntz Bay public boat launch to South side of Ely Island is approximately 1.65 miles.

School Information

High School District: St. Louis County #2142

Heating & Cooling

Cooling Type: None
Heating Type: Fireplace(s), Wood

Utilities

Sewer: Outhouse
Water: Private

Structural Information

Architectural Style: Rustic
Construction: Log Home
Exterior Const.: Log
Basement: Yes
Basement Desc.: Crawl Space, Posts
Roof: Asphalt Shingle
Stories/Levels: 1
Square Feet: 624
Year Built: 1950

Lot Features

Property View: Inland Lake, Bay
Lot Size (Acres): 39.25
Lot Dimensions: 1476 x 1700
Frontage: None
Road Maintenance: ne
Lot Features: Accessible Shoreline, Tree Coverage - Medium
Development Status: Previously Owned

Water Features

Water Front: Yes
Water View: Yes
Water Front Name: Vermilion
Water Front Desc.: Inland Lake
Lake Front: Yes

Financial Considerations

Price Per Sq. Ft.: $512.82
Tax Amount: $5,043
Tax Year: 2026
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Fee-Simple
Legal Description: Lot 2, Breitung
Disclosures/Reports: Seller Provided Survey Available, Disc./Condition Report, LBP Disclosure, Septic Disclosure
Property ID: 270-0020-01350
Section: 15

Listed and Sold by Vermilion Land Office, Inc

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— 5262 S Ely Island —

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Price & Sales History for 5262 S Ely Island

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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Beds
2
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Total Bath
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Single Family
Closed

3
Beds
1
Total Bath
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Sq. Ft.

Listed by Vermilion Land Office, Inc.
Sold by Vermilion Land Office, Inc.

5262 S Ely Island, Tower, MN 55790 (MLS# 6121632) is a Single Family property that was sold at $320,000 on August 14, 2026. Want to learn more about 5262 S Ely Island? Do you have questions about finding other Single Family real estate for sale in Tower? You can browse all Tower real estate or contact a Coldwell Banker agent to request more information.

5262 S Ely Island Tower, MN 55790