$2,450,000

2928 Waters Island Unit Waters Island and Do Ely, MN 55731

Estimated payment $14,584/month

Total Views 10,777
6 Beds
3.5 Baths
2,146 Sq Ft
$1,142 Price per Sq Ft

Highlights

  • Private Waterfront
  • Sauna
  • 20.9 Acre Lot
  • Docks
  • Panoramic View
  • Deck

About This Home

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!

Last Listed By

Lisa Janisch

Janisch Realty Inc. Listed on: 06/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,972

Year Built

  • Built in 1997

Lot Details

  • 20.9 Acre Lot
  • Lot Dimensions are 1420x1070
  • Private Waterfront
  • 2,140 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Basement

  • Stone Basement
  • Crawl Space

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck
  • Gazebo
  • Storage Shed
  • Rain Gutters

Farming

  • Bunk House

Utilities

  • Central Air
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0040-03236, 03238

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,972

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: By boat, NW from Van Vac Public Landing, Mainland property is road accessible.
  • L O1 Office Phone1 Number: 218-780-6644
  • List Price/ Sq Ft: 1141.66
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Twp Number: 63
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Dock, Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2146
  • Garage Type: None
  • Heat: Baseboard, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 6
  • Year Built: 1997
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: Rock
  • Basement Style: Crawl Space
  • Bathroom Description: Full Master, 1/2 Main Floor, 3/4 Main Floor, Private Master, Separate Tub & Shower
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Family Room
  • Total Bathrooms: 4
  • Total Fin Square Footage: 2146
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Gazebo, Sauna, Storage Shed, Bunkhouse
  • Waterfront Access: Private
  • Water Frontage In Feet: 2140
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2025-05-23
  • Estimated Lot Dimensions: 1420x1070
  • Estimated Number of Acres: 20.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tree Coverage - Heavy
  • Parcel Number: 465-0040-03236, 03238
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 9972

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2024 06/23/24 For Sale $2,450,000 -- $1,142 / Sq Ft
Source: Lake Superior Area REALTORS®

Similar Home in Ely, MN

  • 2928 Waters Island, Ely, MN 55731

    $2,450,000

    • 6 Beds
    • 4 Baths
    • 2,146 Sq Ft
    • 2928 Waters Island
    • Ely, MN

    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

    Lisa Janisch Janisch Realty Inc

    Section Image

Source: Lake Superior Area REALTORS®

MLS Number: 6114501