$375,000

5441 N Ely Is Tower, MN 55790

$4,453
Closing credit¹
0 beds
240 sqft
16.5 acres
$1,563 / sqft
House

Property details

About 5441 N Ely Is

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.

Highlights

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

Virtual tour

Summary

  • Attached Garage: No
  • Parking: None
  • Waterfront: Lake
  • Exterior: Dock
  • Architectural Style: Rustic Cabin
  • Heating: None
  • List Price: $375,000
  • Price/SqFt: $1,562
  • Lot: Accessible Shoreline, Some Trees
  • Directions: Via boat from Aronson's Marina, Gruben's Marina, or public access sites.
  • Year Built: 2024
  • Stories: 1
  • Living Area: 240 SqFt
  • Lot Size: 16.5 Acres
  • 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: 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.

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5441 N Ely Is, Tower, MN 55790 - view of outdoor structure with an outdoor structure

$375,000

5441 N Ely Is

$4,453

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

3.4 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. Most families are single, no kids. Most 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

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Frequently asked questions

About 5441 N Ely Is

The listing price of 5441 N Ely Is property is $375,000.

The property 5441 N Ely Is is a house located in Tower, Minnesota, 55790.

Active Listing: 5441 N Ely Is is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5441 N 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 5441 N Ely Is has 0 bedroom and 0 bathroom.

The property 5441 N Ely Is is 240 SqFt (source: MLS/tax record).

The year of construction for 5441 N Ely Is is 2024.

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 $375,000.

While more than 2 listings in Tower, MN in May 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Tower, MN between April and May 2025 increased by 78.9%. The median list price of listings available in May 2025 was $430,000, while the average time on the real estate market was 3 days.

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

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