$490,000

5262 S Ely Is Tower, MN 55790

$5,819
Closing credit¹
2 beds
624 sqft
39.3 acres
$785 / sqft
House

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

Home typeSingle Family Residence
HeatingFireplace(s), Wood
StatusActive
(ACTIVE)
Size624 sqft
Lot size39.25 Acres
Year built
MLS #6115912
WaterfrontLake
FireplaceWood Burning
ViewBay, Lake

Summary

  • 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: 4/17/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a water view

$490,000

5262 S Ely Is

$5,819

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,676. Typical income of Tower, MN residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

42%
<35k
47%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
11%
Single, with Kids
34%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
41%
35-64 yrs old
29%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 5262 S Ely Is

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.

The number of homes for sale in Tower, MN increased by 11.8% between February and March 2025. While the average time on the market in March 2025 was 172 days, the median list price was $435,000.

From Rocket Homes Real Estate and based on county public records data.

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