"Prime lakeshore property on Ely Island! 310 feet of wooded shoreline plus over 5 acres adjacent to 40 acres of State of Minnesota land. North-facing for breathtaking views, with electricity and a convenient lift-out dock already in place. Mature trees provide the perfect setting for your cabin dreams. Don't miss out on this opportunity for big water views and endless possibilities!"
Property Details
Property Features
Listing Office:
Office Name: Vermilion Land Office, Inc
Listing Agent: Barb Hegg
Exterior Features
Exterior Information:
Waterfront: Lake
View: Bay, Lake
Virtual/3D Tour
Virtual Tour: 5397 N Ely Is
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Lot Features
Lot Information:
Lot: Accessible Shoreline, Some Trees
Lot Size: 5.36 Acres
Other
Directions Information:
Directions: Via Boat from public access sites, Aronson's Marina, Stuntz Bay
Price Information
Listing Price Info
Price Summary:
List Price: $114,900
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
2
/10
Tower-Soudan Elementary School
415 2nd St N
Distance between this listing and this school2.94 miles
Public District Grades PK-6
4
/10
Babbit Elementary School
30 South Dr
Distance between this listing and this school17.10 miles
Public District Grades PK-6
7
/10
Washington Elementary School
600 E Harvey St
Distance between this listing and this school18.68 miles
Public District Grades PK-5
Nearby Schools
4
/10
Memorial Middle School
600 E Harvey St
Distance between this listing and this school18.68 miles
Public District Grades 6-8
Nearby Schools
7
/10
Northeast Range Secondary School
30 South Dr
Distance between this listing and this school17.09 miles
Public District Grades 7-12
8
/10
Memorial High School
600 E Harvey St
Distance between this listing and this school18.68 miles
Public District Grades 9-12
4
/10
Mesabi East Secondary School
601 N 1st St W
Distance between this listing and this school21.80 miles
The neighbors living near this home have an average income of $43,676. Residents of Tower, MN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5397 N Ely Is
What is the listing price of this property?
The listing price of 5397 N Ely Is property is $114,900.
What type of property is this?
The property 5397 N Ely Is is land located in Tower, Minnesota, 55790.
Is this property for sale now?
Active Listing: 5397 N Ely Is is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5397 N Ely Is in Tower, MN and zip code 55790. This home sits on a 5.36 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $114,900.
Tower, MN housing market in October 2024 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 7 sold below. The number of homes for sale in Tower, MN decreased by 20% between September 2024 and October 2024. The median list price of listings available in October 2024 was $395,000, while the average time on the real estate market was 136 days.
From Rocket Homes Real Estate and based on county public records data.
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