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About This Home

This 2-bedroom, 0-bathroom single family at 5372 Ely Island S in Tower, MN is listed for $289,000 ($446 per sqft). Built in 1984, the home offers 648 sqft of living space on a 1.00 acres lot.

Agent Description

Escape to island living on Ely Island located on the legendary Lake Vermilion-one of Minnesota's most sought-after lakes. This adorable 2-bedrm cabin captures the true Up North experience with vaulted ceilings, warm knotty pine walls, and breathtaking island-studded views in every direction.

Enjoy the privacy and serenity of boat-access cabin living with a quick, convenient commute from Stuntz Bay Public Boat Launch. Spend your days casting a line for world-class walleye and muskie, cruising the shoreline, or boating to lakeside restaurants and the charming harbor in the quaint town of Tower.

Whether you are fishing at sunrise, exploring hidden bays, or simply relaxing on the deck taking in panoramic water views, this is an outdoor enthusiast's dream. An affordable opportunity to own on the one and only Lake Vermilion in Northern Minnesota. Start making memories today!

Key Features

  • Built in 1984
  • 1.00 acre lot
  • 4 stories
  • Waterfront

Property Details

4 stories
1984

Amenities

Waterfront

Monthly Cost Estimate

$1,546/mo

20% down · 6.5% · 30 years

Principal$209
Interest$1,252
Insurance$84

Estimates only. Actual payments may vary.

Location

5372 Ely Island S

Tower, MN 55790

Features & Amenities

Exterior Features

Deck

Property Details

Parking

None

Heating

BaseboardElectric (Heating)

Appliances

MicrowaveRangeRange - GasRefrigerator

Questions & Answers

This 2-bedroom, 0-bathroom single family at 5372 Ely Island S is listed at $289,000 ($446/sqft). The estimated monthly payment is $1,252 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 1.00 acre lot, 4 stories, 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# 149526· 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.

5372 Ely Island S, Tower, MN 55790

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