5322 Ely Island S Tower, MN $ 289,000
5322 Ely Island S
$ 289,000
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5322 Ely Island S

Tower, MN, 55790
$ 289,000
Bedrooms1 Baths0.0 Sq 434

Monthly Estimate*

$ 2,019

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Single Family Home for sale in Tower, MN

for $289,000 with 1 bedroom. This 434 square foot home was built in 1958 on a lot size of 9.74.

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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Single Family Active

Price

$ 289,000

Bedrooms

1

Property Type

Single Family

Taxes

$ 1,097

Style

Single Family Residence

Lot Size

9.74

Year Built

1958

Town/City

Tower

County/Region

Saint Louis

MLS | Web ID

6486040

Features
General
Sewer None
Heating None
Cooling None
Roof Asphalt
Appliances Range Refrigerator
HOA 0
Garage Spaces 0
Construction Materials Other
Year Built 1958
View Lake South
Levels One
Property SubType Single Family Residence
Tax Year 2023
Waterfront Features Lake Front
Accessibility None
County St. Louis
New Construction N
Property Type Residential
HOA / Comm Assn N
Contingency None
Directions Via boat to South Side of Ely Island. Nearest public boat launch is Stuntz Bay Soudan.
City Tower
Buyer Agent Compensation 2.75
Body of Water Vermilion
High School District St. Louis County
Zoning Description Shoreline Residential-Single Family
Lot Size Square Feet 424274.4
Waterfront Y/N Y
Street Name Ely
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1097
Additional Parcels Y/N N
Days on Market 50
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Crawl Space
Total Fireplaces 0
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 434
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Island
Total Bedrooms 1
Below Grade Finished Area 0
Room Type Living Room Kitchen Bedroom 1
Total Baths 0
Dining Room Description Kitchen/Dining Room
Foundation Dimensions 16x24
Fuel Propane
Garage Square Feet 0
Lake Acres 39272
Waterfront Feet 1140
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Exterior
Parking Features None
Lot Features Accessible Shoreline Tree Coverage - Light
Water Source None
Lot Size Area 9.74
Lot Dimensions 394x421
Lot Size Units Acres
Foundation Area 384
Road Frontage Type None
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Internal Only
Street Number 1 5322
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* Excluded Features
List By
Vermilion Land Office, Inc.

Broker

sherry@vermilionland.com

Email

Affordability Calculator

$2,110
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,019
Monthly Property Taxes
$91
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708317 Elementary School
708533 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$289,000 Listed Price

Map


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5322 Ely Island S, Tower, MN, 55790 is a Single Family Home for sale at $289,000 with 434 sqft and a lot size of 9.74. 5322 Ely Island S has 1 bedrooms, 0.0 baths, and was built in 1958. The property's zip code is 55790 which is in Tower, MN