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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.

Agent 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!

Key Features

  • Built in 2024
  • 16.50 acre lot
  • Waterfront

Property Details

1 story
2024

Amenities

Waterfront

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 $1,556 based on 20% down at 6.5% interest.

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

This property is listed by Barbara Hegg and can be reached at 2187422369.

BH

Barbara Hegg

Agent at Vermilion Land Office Inc

(218) 742-2369

Listed by Vermilion Land Office Inc · View on Broker Site

MLS# 149840· Source: listhub· Updated today

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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