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About This Home

This 2-bedroom, 0-bathroom single family at 5262 Ely Island S in Tower, MN is listed for $449,000 ($720 per sqft). Built in 1950, the home offers 624 sqft of living space on a 39.25 acres lot.

Agent Description

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, wood- burning stove 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!

Key Features

  • Built in 1950
  • 39.25 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
1950

Amenities

FireplaceWaterfront

Monthly Cost Estimate

$2,401/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

5262 Ely Island S

Tower, MN 55790

Features & Amenities

Exterior Features

Deck

Property Details

Construction

Log

Parking

None

Heating

Fireplace(s)Wood (Heating)

Appliances

RangeRange - GasRefrigerator

Questions & Answers

This 2-bedroom, 0-bathroom single family at 5262 Ely Island S is listed at $449,000 ($720/sqft). The estimated monthly payment is $1,946 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 39.25 acre lot, Fireplace, Waterfront. Exterior Features: Deck.

This property is listed by Sherry Zupancich Anderson and can be reached at 2187801071 or info@vermilionland.com.

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Sherry Zupancich Anderson

Agent at Vermilion Land Office Inc

(218) 780-1071

Listed by Vermilion Land Office Inc · View on Broker Site

MLS# 148939· Source: listhub· Updated today

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5262 Ely Island S, Tower, MN 55790

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