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5441 Ely Island N, 
Tower, MN 55790

$359,000

—

Bed

1

Bath

240

Sq Ft

Single Family

Active

Listed by

Barbara L Hegg

Vermilion Land Office, Inc.

218-753-8985

Last updated:

May 17, 2026, 12:04 PM

MLS#

7065125

Source:

NSMLS

About This Home

5441 Ely Island N

Possibly the best view on Lake Vermilion! Breathtaking views of 10+ islands. Everything on the property is new & ready for you to enjoy. This 16.5 acre parcel sits on a point with 180 degree views. 365' of elevated and flat shoreline.Property includes a new Amish-built cabin & outhouse with Andersen Windows & storm doors, Diamond Kote siding, closed cell spray foamed floor in cabin, new king-sized bed & coverings, 2 new futons, 400 amp electric service, new SS fridge/freezer, 20' one trip shipping container, second storage shed, new stairs down to new 40’ L shaped dock w/two cedar benches & swim ladder & new boat lift, additional 40’ dock & sitting deck, multiple fire rings & outdoor furniture, two viewing benches on the point, cedar swing, aluminum picnic table & bbq grill.Huge red & white pines, birch, poplar, maple & more. Property is dotted w/large boulders. Located very close to the deepest fishing holes on the lake. End of dock is 14' deep and great walleye fishing! Lower shore is ideal for walking in the water & swimming.

Home Facts

Single Family

1 Bath

Built in 2024

Price Summary

359,000

$1,495 per Sq. Ft.

MLS #:

7065125

Last Updated:

May 17, 2026, 12:04 PM

Added:

20 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

1

Interior

Living Area:

240 Sq. Ft.

Structure

Structure

Building Area:

270 Sq. Ft.

Year Built:

2024

Lot

Lot Size (Sq. Ft):

718,740

Finances & Disclosures

Finances

Price:

$359,000

Price per Sq. Ft:

$1,495 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.