About This Home

This 0-bedroom, 0-bathroom single family at 5441 Ely Island N in Tower, MN is listed for $359,000 ($1,330 per sqft). Built in 2024, the home offers 270 sqft of living space on a 16.50 acres lot.

Key Features

  • Built in 2024
  • 16.50 acre lot
  • Waterfront

Property Details

1 story
2024

Amenities

Waterfront
Listing Description

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, close

d 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 furnitu

re, 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!

Monthly Cost Estimate

$1,920/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,556
Insurance$105

Estimates only. Actual payments may vary.

Location

5441 Ely Island N

Tower, MN 55790

Property Details

Appliances

Refrigerator

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5441 Ely Island N is listed at $359,000 ($1,330/sqft). The estimated monthly payment is $1,920 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 16.50 acre lot, Waterfront.

This property is listed by Barbara Hegg.

BH

Barbara Hegg

Agent at Vermilion Land Office Inc

Listed by Vermilion Land Office Inc · Broker phone: 2187538985 · View on Broker Site · Broker website

MLS# 149840· Source: Range Association of REALTORS· 6 days on PropertySimple

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5441 Ely Island N, Tower, MN 55790

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