5262 S Ely Is Tower, MN 55790
Property details
About 5262 S Ely Is
Welcome to your Lake Vermilion Tranquil Island retreat. This charming rustic 2 bedroom log cabin situated on 39.25 acres with 3225 total feet of shoreline on both sides of Ely Island offers the ultimate privacy. The log cabin exudes timeless charm of a bygone era. The warm, inviting interior features a vaulted ceiling, stone wood- burning fireplace and wood floors. Enjoy breathtaking, panoramic views of the pristine waters. Island life provides endless opportunities for boating, fishing, kayaking, hiking and relaxing by the water's edge. Accessible only by boat, this log cabin is a gateway to a lifestyle of peace and adventure. Escape the crowds and immerse yourself in the natural beauty and quietude of beautiful Northern Minnesota!
Highlights
(ACTIVE)
Summary
- Appliances: Range, Refrigerator
- Interior: Hardwood Floors, Vaulted Ceilings, Beamed Ceilings
- Fireplace: Wood Burning
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: None
- Waterfront: Lake
- View: Bay, Lake
- Exterior: Deck, Dock
- Architectural Style: Rustic Cabin
- Heating: Fireplace(s), Wood
- Cooling: None
- List Price: $490,000
- Price/SqFt: $785
- Lot: Accessible Shoreline, Some Trees
- Directions: Via boat from any boat launch. Stuntz Bay public boat launch to South side of Ely Island is approximately 1.65 miles.
- Stories: 1
- Living Area: 624 SqFt
- Lot Size: 39.25 Acres
- MLS Number: 6115912
- Office Name: Vermilion Land Office, Inc
- Listing Agent: Sherry Anderson
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2025, 8:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$490,000
5262 S Ely Is
$5,819
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
Tower-Soudan Elementary School
Public District PK-6
3.3 mi
•415 2nd St N
4
Babbit Elementary School
Public District PK-6
16.7 mi
•30 South Dr
7
Washington Elementary School
Public District PK-5
18.1 mi
•600 E Harvey St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,676. Most Tower, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Figure Skating
Hunting
Where do the neighbors shop?
Bass Pro Shops
Dollar General
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Cadillac
Ram
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 5262 S Ely Is
The listing price of 5262 S Ely Is property is $490,000.
The property 5262 S Ely Is is a house located in Tower, Minnesota, 55790.
Active Listing: 5262 S Ely Is is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5262 S Ely Is are: Tower-Soudan Elementary School (GreatSchools Rating 2/10), Babbit Elementary School (GreatSchools Rating 4/10), Washington Elementary School (GreatSchools Rating 7/10), Memorial Middle School (GreatSchools Rating 4/10), Northeast Range Secondary School (GreatSchools Rating 7/10), Memorial High School (GreatSchools Rating 8/10), Mesabi East Secondary School (GreatSchools Rating 4/10).
The property at 5262 S Ely Is has 2 bedrooms and 0 bathroom.
The property 5262 S Ely Is is 624 SqFt (source: MLS/tax record).
The year of construction for 5262 S Ely Is is 0.
This home is located at 5262 S Ely Is in Tower, MN and zip code 55790. This 624 square foot home, which was built in 0, sits on a 39.25 acre lot. Features: 2 bedrooms, 0 bathroom. It has been listed on Rocket Homes since September 5, 2024 and is currently priced at $490,000.
Over 2 listings were sold over their listed price in May 2025 in Tower, MN. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Tower, MN increased by 78.9% between April and May 2025. While the average time on the market in May 2025 was 3 days, the median list price was $430,000.