TBD Waters Island Ely, MN $ 945,000
TBD Waters Island
$ 945,000
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TBD Waters Island

Ely, MN, 55731
$ 945,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 6,527

TBD Waters Island, Ely, MN 55731 - Image 1
TBD Waters Island, Ely, MN 55731 - Image 2
TBD Waters Island, Ely, MN 55731 - Image 3
TBD Waters Island, Ely, MN 55731 - Image 4
TBD Waters Island, Ely, MN 55731 - Image 5

Lots and Land for sale in Ely, MN

for $945,000. The lot size is 5.3.

Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the central part of the lake to the Boundary Waters Wilderness. To the east, enjoy its secluded bay, great for swimming, and sheltered for boats.There are several easily accessible choices for level building sites tucked among majestic Norway pines, as well as a towering granite bluff with unparalleled panoramic views. Includes are for mainland dock a half mile away with a spacious parking area and a short, level driveway to the Eastern Van Vac Road. Seven scenic, paved miles to the charming town of Ely, with its cafes, galleries and frontier spirit. 40 minutes to the Hibbing Airport.

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Lots and Land Active

Price

$ 945,000

Property Type

Lots and Land

Taxes

$ 520

Style

Lot Size

5.3

Town/City

Ely

County/Region

Saint Louis

MLS | Web ID

6726369

Features
General
Utilities Electricity Available None Connected
Development Status Other
HOA Fee 0
View Lake Panoramic
Topography Rolling
Tax Year 2026
Waterfront Features Lake Front
County St. Louis
Property Type Land
HOA N
Contingency None
Subdivision Name Morse Town Of
Directions By boat NW from Van Vac Public Landing Mainland dock property is road accessible.
City Ely
High School District Ely
Zoning Description Lot
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 520
Additional Parcels Y/N N
Standard Status Active
Restrictions Open
Lender Owned No
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Exterior
Lot Features BWCA Access Island/Peninsula Property Adjoins Public Land Tree Coverage - Heavy
Inclusions Other
Lot Size Area 5.3
Lot Dimensions 1157x710
Waterfront Y/N Y
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Interior
Basement (Y/N) N
Waterfront Feet 740
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* Excluded Features
List By
Janisch Realty, Inc

Broker

lisa@janischrealty.com

Email

Affordability Calculator

$6,570
Per Month
99%
1%
0%
Monthly Principal & Interest
$6,527
Monthly Property Taxes
$43
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
3048330 Elementary School
3048335 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2025$945,000 Listed Price

Map


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TBD Waters Island, Ely, MN, 55731 is a Lots and Land for sale at $945,000 with a lot size of 5.3. TBD Waters Island has 0.0 baths. The property's zip code is 55731 which is in Ely, MN