$295,000
PENDING

xxx Burntside Lake Island Unit Cousins Island Lot 1 Ely, MN 55731

Estimated payment $1,666/month

Total Views 5,595
2.5 Acres
$118,000 Price per Acre
108,900 Sq Ft Lot

Highlights

  • Private Waterfront
  • Panoramic View
  • No HOA
  • Memorial High School Rated 9+
  • Island Location
  • Additional Land

About This Lot

Escape to your private island paradise on the crystal-clear waters of Burntside Lake, one of northern Minnesota’s most sought-after destinations. This rare 2.5-acre island lot features approximately 700 feet of pristine, natural shoreline, offering breathtaking panoramic views, excellent privacy, and endless recreational possibilities. Towering pines and mature forest provide a classic Northwoods backdrop with ideal building sites and stunning lake views. Secluded yet easily accessible by boat as well as excellent swimming, fishing, and boating opportunities. Minutes from downtown Ely and the edge of the Boundary Waters Canoe Area Wilderness (BWCAW)! Whether you're looking to build a seasonal retreat or a legacy family cabin, this is a once-in-a-generation opportunity to own a piece of wilderness paradise on one of Minnesota's most iconic lakes.

Listing Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 05/18/2025

Keller Williams Classic Realty NW - Ely

Co-Listing Agent

Heather Franciskovich

Keller Williams Classic Realty NW - Ely

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,218

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 302 x 257
  • Private Waterfront
  • 700 Feet of Waterfront
  • Lake Front
  • Additional Land

Property Views

  • Lake
  • Panoramic

Location

  • Island Location

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,218

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Burntside Lake - water access only - island parcel on the west end of the lake.
  • L O1 Office Phone1 Number: 763-463-7500
  • New Development Plat Recorded: Yes
  • List Price/ Sq Ft: 118000
  • RdBtwnWtrfrnt: No
  • Property Sub-Type: Recreational
  • Tax Year: 2025
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: None
  • Waterfront Access: Private
  • Water Frontage In Feet: 700
  • Waterfront Name: Burntside

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2025-05-28
  • Estimated Lot Dimensions: 302 x 257
  • Estimated Number of Acres: 2.5
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Match Code: 3
  • Improvements: Survey Stakes
  • Land Improvements: No
  • Lot Description: Accessible Shoreline, Additional Land Available, BWCA, Island/Peninsula
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1218

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
09/20/2025 09/20/25 Pending -- -- --
05/18/2025 05/18/25 For Sale $295,000 -- --
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6119420

Minnesota St Louis County Ely 55731

xxx Burntside Lake Island Unit Cousins Island Lot 1, Ely, MN

This home is located at xxx Burntside Lake Island Unit Cousins Island Lot 1, Ely, MN 55731 and is currently priced at $295,000. xxx Burntside Lake Island Unit Cousins Island Lot 1 is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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Lori Schulze
Listing Agent
Lori Schulze
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Keller Williams Classic Realty NW - Ely
(218) 774-4928