$399,000

5441 N Ely Is Tower, MN 55790

$4,738
Closing credit¹
0 beds
240 sqft
16.5 acres
$1,663 / sqft
House

Property details

About 5441 N Ely Is

Looking for your dream lakeside retreat? Look no further! This stunning property on Ely Island boasts 16.5 acres of mature woods, offering unparalleled privacy and tranquility. With 365 feet of shoreline, rocky outcroppings, island studded views, and towering pine trees, the natural beauty of this location is simply breathtaking space. The quality starter cabin provides a cozy and comfortable space to relax and unwind, while large windows offer mesmerizing views of the lake and surrounding landscape. Access couldn't be easier with a driveway directly from the lake, and the convenience of electricity ensures modern comforts even in this secluded setting. This property features not one, but two docks and new boat lift for all your water recreation needs. Unforgettable sunsets - with unobstructed views over the big water, every evening promises to be a spectacle Don't miss this opportunity!

Highlights

Home typeSingle Family Residence
StatusActive
(COMING SOON)
Size240 sqft
Lot size16.5 Acres
Year built2024
MLS #6118576
WaterfrontLake

Virtual tour

Summary

  • MLS Number: 6118576
  • Office Name: Vermilion Land Office, Inc
  • Listing Agent: Barb Hegg

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: 4/15/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of outdoor structure with an outdoor structure

$399,000

5441 N Ely Is

$4,738

closing credit¹

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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

3.4 mi

415 2nd St N

4

Babbit Elementary School

Public District PK-6

17.7 mi

30 South Dr

7

Washington Elementary School

Public District PK-5

18.9 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. The majority of Tower, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically 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

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Frequently asked questions

About 5441 N Ely Is

This home is located at 5441 N Ely Is in Tower, MN and zip code 55790. This 240 square foot home, which was built in 2024, sits on a 16.50 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $399,000.

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

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

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