5262 Ely Island S, Tower, MN 55790

$449,000
Property Type: Residential Bedrooms: 2 Square Footage: 624 Lot Size (sq. ft.): 1,709,730 Status: Active
Current Price: $449,000 List Date: 8/29/2025 Last Modified: 7/16/2026

Overview

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!

Listing Details MLS# 6780806

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
3225
Waterfront YN
Yes
Year Built
1950
Yearly/Seasonal
Seasonal
Zoning
Shoreline, Residential-Single Family
Main Floor Total SqFt
624
Above Grd Total SqFt
624
Total SqFt
624
Total Finished Sqft
624.00
FireplaceYN
Yes
Lake/Waterfront Name
Vermilion
Style
(SF) Single Family
Foundation Size
624
Lot Dimensions
1476x1700
Acres
39.25
Assessment Pending
Yes
# Carport Spaces
0
Other Parking Spaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Appliances: Range; Refrigerator Basement: None Bath Description: Other Construction Materials: Log Construction Status: Previously Owned Dining Room Description: Living/Dining Room Exterior: Log Fireplace Characteristics: Wood Burning Foundation: None Fuel: Wood Heating: Wood Stove Lake Details: Rocky; Undeveloped Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium Parking Characteristics: None Property Subtype: Cabin Road Frontage: None Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: Outhouse Special Search: All Living Facilities on One Level; Main Floor Bedroom Stories: One Water: None Waterfront Type: Lake Front Waterfront View: Bay; Lake; North; South

Contract Information

Contingency
Subject to Financing
Original List Price
449000
ListPrice
449000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5262
Street Name
Ely
Street Suffix
Island
Street Direction Suffix
S
Postal City
Tower
County
St. Louis
State
MN
Zip Code
55790

Assessments

Assessment Balance
85
Tax With Assessments
4684

Basement

Foundation Dimensions
26x24
None
Yes

More Information

Building Information

Finished SqFt Above Ground
624

Lake Details

Lake Acres
39272
Lake Depth
76
Rocky
Yes
Undeveloped
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
15
Section#
15
Township#
62

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Fire Number
5262
Legal Description
Lot 2, Breitung
Listing City
Tower
Map Page
999
Municipality
Tower
School District
St. Louis County
School District Phone
218-749-8130
DNR Lake ID#
69037800
DNR Lake Classification
General Development
Property ID Number
270002001350
Tax Year
2025
Tax Amount
4599
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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!
Directions
Via boat from any public boat launch. From Stuntz Bay public launch to South side of Ely Island approximately 1.65 miles.

Accessible

None
Yes

Air Conditioning

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Bath Description

Other
Yes

Construction Materials

Log
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Living/Dining Room
Yes

Exterior

Log
Yes

Fireplace Characteristics

Wood Burning
Yes

Foundation

None
Yes

Fuel

Wood
Yes

Heating

Wood Stove
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Accessible Shoreline
Yes
Irregular Lot
Yes
Tree Coverage - Medium
Yes

Parking Characteristics

None
Yes

Patio, Porch and Deck Features

Deck
Yes

Property Subtype

Cabin
Yes

Road Frontage

None
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Outhouse
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes

Stories

One
Yes

Water

None
Yes

Waterfront Type

Lake Front
Yes

Waterfront View

Bay
Yes
Lake
Yes
North
Yes
South
Yes

Room Information

Room Name Dimensions Level
First (1st) Bedroom 9.9x9.2 Main
Kitchen 9.9x8.6 Main
Living Room 18.11x13.5 Main
Second (2nd) Bedroom 9.9x7.1 Main
IDX
Listing Office: Vermilion Land Office, Inc.
Last Updated: July - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.