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$359,000

  • For Sale
  • Active
  • Single Family
  • 1 Partial Bath
  • 240 Sq. Ft.
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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! Lower shore is ideal for walking in the water & swimming.

Full Property Details for 5441 Ely Island N

General

  • Price: $359,000
  • Taxes: $1,691 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7065125
  • Updated: 5/1/2026
  • Added to Site: 29 day(s) ago

Interior

  • Appliances: Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • 1/4 Bathrooms: 1

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: None

Location

  • County: St. Louis
  • Township: Tower
  • Driving Directions: Via boat from Aronson's Marina, Gruben's Marina, or public access sites.

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Heating Fuel: Electric

Utilities

  • Sewer: Outhouse
  • Water: None

Structural Information

  • Exterior Const.: Frame
  • Foundation Size: 240
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 240
  • Above Ground: 270 Sq. Ft.
  • Finished Down/Base.: 270 Sq. Ft.
  • Year Built: 2024

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 16.5
  • Lot Dimensions: 1800 x 345
  • Frontage: None
  • Zoning: Shoreline, Residential-Single Family
  • Lot Description: Accessible Shoreline, Medium Tree Coverage

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 365
  • Lake Front: Yes
  • Lake Bottom: Gravel, Hard, Rocky, Undeveloped

Financial Considerations

  • Tax Amount: $1,691
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: G.L.3 EX E 1178 FT & G.L.4 EX W 1128 FT, Breitung
  • Property ID: 270002001426

Listed by Vermilion Land Office, Inc.

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Listing agent

— 5441 Ely Island N —

  • Vermilion Land Office, Inc.

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NMLS#: 1598647

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Price & Sales History for 5441 Ely Island N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/27/2026
Listed
$359,000
139.33%
MLS
10/21/2021
Sold
$150,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5441 Ely Island N

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,776
7%
$139,300
20%
2025
$1,660
17%
$116,500
—
2024
$1,418
1%
$116,500
37%
2023
$1,406
21%
$85,000
—
2022
$1,159
1%
$85,000
1%
2020
$1,144
4%
$84,000
—
2019
$1,100
7%
$83,700
8%
2018
$1,032
-2%
$77,600
3%
2017
$1,054
3%
$75,100
—
2016
$1,024
-3%
$75,100
1%
2015
$1,058
-3%
$74,600
—
2014
$1,094
-2%
$74,600
—
2013
$1,120
—
$74,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Vermilion Land Office, Inc.

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5441 Ely Island N, Tower, MN 55790 (MLS# 7065125) is a Single Family property with 0 bedrooms, 0 full bathrooms and 1 partial bathroom. 5441 Ely Island N is currently listed for $359,000 and was received on April 27, 2026. Want to learn more about 5441 Ely Island N? 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.

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