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$359,000
Monthly Est:$1,787
-- Bed
- 1 Bath
240sqft
5441 Ely Is N, Tower, MN 55790
$359,000
$1,787/moEst:
Get Pre-Approved
Single Family Residence
Built in 2024
$-- HOA
16.5 acres lot
$1,496/sq.ft
Description
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.
- Houzeo last checked: 3 minutes ago
- Listing updated: May 1, 2026 at 10:11 am
- Listing Provided by: Barbara L Hegg (218) 742-2369 | Vermilion Land Office, Inc. (218) 753-8985
- Source: Northstar MLS-MN as distributed by MLS GRID | MLS#: 7065125

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
2024
HOA Fees
-
Finished Area
240 sqft
Lot Size
16.5 acres lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7065125
Days on Market
189
Cumulative Days on Market
207

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: 1
Interior
Exterior Features
Engineered Wood
Appliances
Refrigerator
Cooling
None
Heating
None
Sewer
Outhouse
Construction
Year Built
Year Built: 2024
Home type
Single Family Residence
Construction Materials
Frame
Roof
Asphalt
Foundation Details
Pillar/post/pier
Utilities & Energy
Parking Features
None
Basement
None
Water Source
None
Other Features
Lot Features
Accessible Shoreline, Tree Coverage Medium
Price History
| Date | Event | Price |
|---|---|---|
05/01/2026 Source: | Listed for Sale | $359,000 $1,496/sqft |
11/17/2025 Source: | Listing Removed | $359,000 $1,496/sqft |
09/03/2025 Source: | Price Decreased | $359,000 -0.28% $1,496/sqft |
08/18/2025 Source: | Price Decreased | $360,000 -1.37% $1,500/sqft |
07/20/2025 Source: | Price Decreased | $365,000 -1.08% $1,521/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Nov 05, 2026, 06:46PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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