# 5262 Ely Island S, Tower, MN 55790

> **TL;DR:** 2bd/0ba single family, $449,000 ($720/sqft), built 1950, 624 sqft.
> Fireplace, Waterfront. Est. $1,946/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $449,000 |
| Price/sqft | $720 |
| Bedrooms | 2 |
| Square Feet | 624 |
| Year Built | 1950 |
| Lot Size | 1,709,730 sqft (39.25 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,946 |
| **Total** | **$1,946** |

## Key Amenities

- Fireplace
- Waterfront

## Property Highlights

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

## Description

### 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!

## Location

- **Address:** 5262 Ely Island S, Tower, MN 55790
- **Coordinates:** 47.850393, -92.242379
- **Google Maps:** https://www.google.com/maps?q=47.850393,-92.242379

## Listing Agent

- **Name:** Sherry Zupancich Anderson
- **Brokerage:** Vermilion Land Office Inc
- **Phone:** 2187801071
- **Email:** info@vermilionland.com

## Primary Photo

![5262 Ely Island S - Primary Photo](http://lh.rdcpix.com/2a24c737b74326bdd240625475935872l-f3923770576r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/5262-ely-island-s-tower-mn-55790-n148939)*

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**MLS#:** 148939 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5262-ely-island-s-tower-mn-55790-n148939)

---

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