# 5372 Ely Island S, Tower, MN 55790

> **TL;DR:** 2bd/0ba single family, $289,000 ($446/sqft), built 1984, 648 sqft.
> Waterfront. Est. $1,252/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $289,000 |
| Price/sqft | $446 |
| Bedrooms | 2 |
| Square Feet | 648 |
| Year Built | 1984 |
| Lot Size | 43,560 sqft (1.00 acres) |
| Stories | 4 |
| 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%) | $1,252 |
| **Total** | **$1,252** |

## Key Amenities

- Waterfront

## Property Highlights

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

## Description

### 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!

## Location

- **Address:** 5372 Ely Island S, Tower, MN 55790
- **Coordinates:** 47.849209, -92.253104
- **Google Maps:** https://www.google.com/maps?q=47.849209,-92.253104

## Listing Agent

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

## Primary Photo

![5372 Ely Island S - Primary Photo](http://lh.rdcpix.com/32cd5311db1403913496d5460d17fbe9l-f1857060106r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/5372-ely-island-s-tower-mn-55790-n149526)*

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**MLS#:** 149526 | **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/5372-ely-island-s-tower-mn-55790-n149526)

---

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