5322 S Ely Is, Tower, MN, 55790

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5322 S Ely Is, Tower$289,000

Buyer Closing Credits

$3,432^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingNone

Year Built1958

HeatingNone

CoolingNone

WaterfrontLake

ViewBay, Lake

MLS #6112171

Lot Size9.74 Acres

StatusActive
(ACTIVE)

About 5322 S Ely Is

This Cute and Cozy, historic Lake Vermilion Ely Island off-grid Loggers cabin boasts 9.74 acres and 1140 ft. of lake shore! First time on the market in 50 years and renovated in 2017. Easy 5 minute commute from Stuntz Bay public boat launch. Enjoy privacy in the peaceful protected cove with gorgeous views of the lake across Seven Sisters to Pike Bay. NEW foundation supports, roof, windows, loft, front porch, screened in back porch and steps! Add another cabin on the main island if desired. Excellent fishing and swimming right from your dock. Abundant wildlife at your doorstep. Located close to McKinley Park, historic Soudan Mine and new State Park with numerous hiking/biking/ATV and snowmobile trails. Sold mostly furnished. Don't pass up the chance to own your own island paradise!

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Property Details

Property Features

Property Information:

• Architectural Style: Rustic Cabin
• Year Built: 1958
• Stories: 1
• Living Area: 434 SqFt

Listing Office:

• Office Name: Vermilion Land Office, Inc
• Listing Agent: Sherry Anderson

Interior Features

Interior Information:

• Appliances: Range, Refrigerator
• Interior: Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Beamed Ceilings

Bedroom and Bathroom Information:

• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Waterfront: Lake
• View: Bay, Lake
• Exterior: Deck, Dock

Parking Information:

• Attached Garage: No
• Parking: None

Lot Features

Lot Information:

• Lot: Accessible Shoreline, Few Trees, Island/Peninsula
• Lot Size: 9.74 Acres

Utilities

Utilities Information:

• Heating: None
• Cooling: None

School Info

Assigned Schools Information:

• Northeast Range Secondary School, Public District Grades 7-12
• Tower-Soudan Elementary School, Public District Grades PK-6

Other

Directions Information:

• Directions: Via boat to South Side of Ely Island. Nearest public boat launch is Stuntz Bay, Soudan.

Price Information

Listing Price Info

Price Summary:

• List Price: $289,000
• Price Per SqFt: $666/SqFt

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MLS Details

MLS Information:

• MLS Number: #6112171

Listing Office:

• Office Name: Vermilion Land Office, Inc
• Listing Agent: Sherry Anderson

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 1:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Tower›55790›5322 S Ely Is

This home is located at 5322 S Ely Is in Tower, MN and zip code 55790. This 434 square foot home, which was built in 1958, sits on a 9.74 acre lot. Features: 1 bedroom. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $289,000.

Over 67 listings were sold over their listed price in April 2024 in Saint Louis County, MN. In the same period over 57 listings were sold below the listed price and 23 listings were sold for the listed price. Between March 2024 and April 2024, Saint Louis County, MN real estate market has seen increase in the number of listings by 18%. In April 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $249,938.

From Rocket Homes Real Estate and based on county public records data.