$359,000

5441 Ely Island N Tower, MN 55790

Estimated payment $2,058/month

Total Views 1,047
-- Bed
-- Bath
240 Sq Ft
$1,496 Price per Sq Ft

About This Home

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.

Listing Agent

Barbara Hegg

Vermilion Land Office, Inc Brokerage Phone: Listed on: 04/28/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 2024

Lot Details

  • 16.5 Acre Lot
  • Lot Dimensions are 1800x345

Interior Spaces

  • 240 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Outhouse

Listing and Financial Details

  • Assessor Parcel Number 270-0020-01426

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,691

Year Built

Built in 2024

Lot Details

16.5 Acres

Listing Details

  • Directions: Via boat from Aronson's Marina, Gruben's Marina, or public access sites.
  • Tax Year: 2026
  • Reso Roof: Asphalt Shingle
  • Year Built: 2024
  • Property Sub Type: Seasonal
  • Property Type: Residential
  • Lot Size: 1800x345
  • Road Frontage Type: None
  • Water Body Name: Vermilion
  • Co List Office Mls Id: LSA238
  • Above Grade Finished Sq Ft: 240
  • Special Features: 4098

Interior Features

  • Appliances: Refrigerator
  • Stories: 1

Exterior Features

  • Disclosures: Disc./Condition Report, Septic Disclosure
  • Construction Type: Engineered Wood
  • Foundation Details: N/A

Utilities

  • Sewer: Outhouse
  • Water Source: Private

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 270-0020-01426

Tax Info

  • Tax Annual Amount: 1691

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,776 $139,300 $124,200 $15,100
2023 $1,660 $116,500 $103,300 $13,200
2022 $1,159 $116,500 $103,300 $13,200
2021 $1,164 $85,000 $74,100 $10,900
2020 $1,144 $85,000 $74,100 $10,900
2019 $1,100 $84,000 $75,800 $8,200
2018 $1,032 $83,700 $75,500 $8,200
2017 $1,054 $77,600 $71,100 $6,500
2016 $1,024 $75,100 $68,600 $6,500
2015 $1,094 $74,600 $62,600 $12,000
2014 $1,094 $74,600 $62,600 $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2026 04/28/26 For Sale $359,000 -- $1,496 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $150,000 None Available
Warranty Deed $120,000 Consolidated Title & Abstrac
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6124857

APN: 270002001426

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