5322 Ely Island S, Tower, MN 55790

$289,000 Asking Price

1 bed
434  sqft
Built in 1958

This Cute and Cozy, historic Lake Vermilion Ely Island off-grid Loggers cabin boasts 9.74 acres and 1140 ft. of lake shore! First time on the market in 50 years and renovated in 2017. Easy 5 minute commute from Stuntz Bay public boat launch. Enjoy privacy in the peaceful protected cove with gorgeous views of the lake across Seven Sisters to Pike Bay. NEW foundation supports, roof, windows, loft, front porch, screened in back porch and steps! Add another cabin on the main island if desired. Excellent fishing and swimming right from your dock. Abundant wildlife at your doorstep. Located close to McKinley Park, historic Soudan Mine and new State Park with numerous hiking/biking/ATV and snowmobile trails. Sold mostly furnished. Don't pass up the chance to own your own island paradise!


Features & Amenities

Interior

Rooms:
Living Room, Kitchen, Bedroom 1
Appliances:
Range, Refrigerator
Dining:
Kitchen/Dining Room
Basement:
Crawl Space
A/C:
None
Heating:
None
Fireplace:
Fireplaces: 0

Exterior

Parking:
None

Construction

Roofing:
Asphalt
General:
One

Location

Road/Access:
None
HOA Amenities:
0.0
Originating MLS:
northstar
School District:
St. Louis County
County:
St. Louis

Lot

Zoning:
270002001410
View:
Lake, South
Waterfront:
1140

Utilities

Water:
None
Sewer:
None

Financial

Source:
northstar
Listing Agent Compensation:
2.7500 %
Buyers Agent Compensation:
2.75 %

This listing courtesy of:
Vermilion Land Office, Inc.

About Tower, MN

Housing

Number of Units
1,783
Median Home Value
$200,629
Median Rent
$454

12.35% of housing units are renter occupied.

53.28% are vacant.

Commute

Car
50.13%
Public Transportation
0.02%
Walk to Work
1.76%
Work from Home
47.78%
Other
0.27%

The median travel time to work is 16 minutes.

People

Population
1,639
Median Age
56.30
Median Household Size
2.32

Education

High School
24.33%
Associate’s Degree
23.69%
Bachelor’s Degree
18.16%
Graduate Degree
8.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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