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X Waters Island, Ely, MN 55731

$1,585,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,146 Lot Size (sq. ft.): 679,536 Status: Active

Current Price: $1,585,000 List Date: 5/23/2025 Last Modified: 7/24/2026

Overview

Description

There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island studded views across the vast, main body of the lake to the legendary Boundary Waters Wilderness, world famous for canoe trips. Catch giant lake trout in the 120’ clear, spring fed depths in front of your dock, and sauna and swim under the shimmer of the Northern Lights. Bald eagles and deer abound. Loons call in the still twilight, and the stars are bright and close. Waters Island is the largest, most central island on Burntside and Aurora’s neighboring forest is held in a Land Trust. It’s the ultimate in seclusion and privacy, yet easily accessible via a nearby dock (included). There is a ... (Read more)

Listing Details MLS# 6726363

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?: Yes
Waterfront Frontage: 1400
Waterfront YN: Yes
Year Built: 1997
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 2146
Above Grd Total SqFt: 2146
Total SqFt: 2146
Total Finished Sqft: 2146.00
FireplaceYN: Yes
Lake/Waterfront Name: Burntside
Style: (SF) Single Family
Foundation Size: 2146
Power Company: Lake Country Power
Lot Dimensions: 1379x1400
Acres: 15.6
Assessment Pending: Yes
Bath Quarter: 0
Below Grd Total SqFt: 0
Garage Stalls: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: None Amenities Unit: Ceiling Fan(s); Deck; Kitchen Window; Panoramic View Appliances: Dishwasher; Microwave; Range; Refrigerator Basement: Crawl Space Bath Description: Main Floor 1/2 Bath; Main Floor 3/4 Bath; Main Floor Full Bath Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Informal Dining Room; Living/Dining Room Electric: 200+ Amp Service Elevation Highpoint to Waterfront Slope: Steep Exterior: Wood Fireplace Characteristics: Free Standing; Wood Burning Foundation: Concrete Block Fuel: Wood Lake Details: Rocky Lot Description: Irregular Lot; Tree Coverage - Heavy Outbuildings: Bunk House; Gazebo; Sauna Parking Characteristics: Gravel Lot Property Subtype: Rural Residential Road Frontage: County Road Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: Private Sewer Special Search: Main Floor Bedroom; Main Floor Primary Stories: One Water: Lake Water Waterfront Type: Lake Front Waterfront View: Lake; Panoramic; North; South; East; West

Contract Information

Contingency: None
Original List Price: 1585000
ListPrice: 1585000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: X
Street Name: Waters
Street Suffix: Island
Postal City: Ely
County: St. Louis
State: MN
Zip Code: 55731
Complex/Dev/Subdivision: Morse Town Of

Assessments

Assessment Balance: 25
Tax With Assessments: 9252

Building Information

Finished SqFt Above Ground: 2146

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 40+

Lake Details

Lake Acres: 7313
Lake Depth: 126
Rocky: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 13
Section#: 21
Township#: 63

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: Parcel ID 465-0040-03236. Legal to govern
Listing City: Ely
Map Page: 999
Municipality: Morse Twp
School District: Ely
School District Phone: 218-365-6166
DNR Lake ID#: 69011800
DNR Lake Classification: Recreational Development
Zip Plus 4: 1839
Property ID Number: 465004003236
Tax Year: 2026
Tax Amount: 9252
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island studded views across the vast, main body of the lake to the legendary Boundary Waters Wilderness, world famous for canoe trips. Catch giant lake trout in the 120’ clear, spring fed depths in front of your dock, and sauna and swim under the shimmer of the Northern Lights. Bald eagles and deer abound. Loons call in the still twilight, and the stars are bright and close. Waters Island is the largest, most central island on Burntside and Aurora’s neighboring forest is held in a Land Trust. It’s the ultimate in seclusion and privacy, yet easily accessible via a nearby dock (included). There is a flat, spacious parking area with a level, hundred yard driveway to the Eastern Van Vac Road. Just seven paved miles to the charming frontier town of Ely with its cafes, restaurants, canoe outfitters and shopping. 40 minutes to the Hibbing Airport. Something like this will never come up for sale on Burntside again. Invest in a legacy property and a rare sanctuary in these turbulent times. Visit soon!
Directions: By boat, NW from Van Vac Public Landing, Mainland lot property is road accessible.

Accessible

None: Yes

Air Conditioning

None: Yes

Amenities Unit

Ceiling Fan(s): Yes
Deck: Yes
Kitchen Window: Yes
Panoramic View: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Basement

Crawl Space: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Main Floor 3/4 Bath: Yes
Main Floor Full Bath: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes
Living/Dining Room: Yes

Electric

200+ Amp Service: Yes

Elevation Highpoint to Waterfront Slope

Steep: Yes

Exterior

Wood: Yes

Fireplace Characteristics

Free Standing: Yes
Wood Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Wood: Yes

Insurance Fee

Insurance Fee: 0

Lot Description

Irregular Lot: Yes
Tree Coverage - Heavy: Yes

Outbuildings

Bunk House: Yes
Gazebo: Yes
Sauna: Yes

Parking Characteristics

Gravel Lot: Yes

Patio, Porch and Deck Features

Deck: Yes

Property Subtype

Rural Residential: Yes

Road Frontage

County Road: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

Private Sewer: Yes

Special Search

Main Floor Bedroom: Yes
Main Floor Primary: Yes

Stories

One: Yes

Water

Lake Water: Yes

Waterfront Type

Lake Front: Yes

Waterfront View

Lake: Yes
Panoramic: Yes
North: Yes
South: Yes
East: Yes
West: Yes

Room Information

Room Name	Dimensions	Level
Family Room	24x24	Main
Third (3rd) Bedroom	20x20	Main
Fourth (4th) Bedroom	16x16	Main
First (1st) Bedroom	16x12	Main
Second (2nd) Bedroom	12x12	Main
Dining Room	10x8	Main
Kitchen	12x7	Main
Living Room	25x23	Main

Listing Office: Janisch Realty, Inc

Last Updated: July - 24 - 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.