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5441 Ely Island N Tower, MN $ 359,000
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$ 359,000 Get more info
5441 Ely Island N
$ 359,000
Back to search
Share Save

5441 Ely Island N

Tower, MN, 55790
$ 359,000
Bedrooms-- Baths0.1 Sq 240

Monthly Estimate*

$ 2,480

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View a Virtual Tour

Single Family Home for sale in Tower, MN

for $359,000 with 1 half bath. This 240 square foot home was built in 2024 on a lot size of 16.5.

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, closed 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 furniture, 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! Lower shore is ideal for walking in the water & swimming.

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Single Family Active

Price

$ 359,000

Half Bath

1

Property Type

Single Family

Taxes

$ 1,691

Style

Single Family

Lot Size

16.5

Year Built

2024

Town/City

Tower

County/Region

Saint Louis

MLS | Web ID

7065125
Features
General
Living Area 240
Sewer Outhouse
Heating None
Cooling None
Roof Asphalt
Appliances Refrigerator
HOA Fee 0
Garage Spaces 0
Construction Materials Frame
Year Built 2024
View Lake
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County St. Louis
New Construction N
Property Type Residential
HOA N
Contingency None
Other Structures Storage Shed
Full Baths 0
Directions Via boat from Aronson's Marina Gruben's Marina or public access sites.
City Tower
High School District St. Louis County
Zoning Description Shoreline Residential-Single Family
Lot Size Units Acres
Carport Spaces 0
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1691
Additional Parcels Y/N N
Virtual Tour https://player.vimeo.com/video/959108295?badge=0&autopause=0&player_id=0&app_id=58479
Standard Status Active
Lender Owned No
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Interior
Basement None
Total Fireplaces 0
Basement (Y/N) N
Above Grade Finished Area 240
Half Baths 0
1/4 Baths 1
3/4 Baths 0
Total Bedrooms 0
Below Grade Finished Area 0
Total Baths 1
Bath Desc Other
Foundation Dimensions 20x12
Fuel Electric
Garage Dimensions 0
Garage Square Feet 0
Waterfront Feet 365
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Exterior
Parking Features None
Lot Features Accessible Shoreline Tree Coverage - Medium
Water Source None
Lot Size Area 16.5
Building Area Total 270
Lot Dimensions 1800x345
Waterfront Y/N Y
Foundation Area 240
Road Frontage Type None
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Internal Only
Street Number 1 5441
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* Excluded Features
List By
Vermilion Land Office, Inc.

Broker

barb@vermilionland.com

Email

Affordability Calculator

$2,620
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,480
Monthly Property Taxes
$141
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
708317 Elementary School
708533 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2026$359,000 Listed Price

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5441 Ely Island N, Tower, MN, 55790 is a Single Family Home for sale at $359,000 with 240 sqft and a lot size of 16.5. 5441 Ely Island N has 0.1 baths and was built in 2024. The property's zip code is 55790 which is in Tower, MN

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