5262 Ely Is S
Tower, MN 55790
- 2 Beds
- 624 sqft (on 39.25 acres)
2 Beds
624 sqft
(on 39.25 acres)
Home Highlights
Parking
None
Outdoor
Deck
Climate Control
Heating only
HOA
None
Price/Sqft
$720
Listed
180+ days ago
Local Information
-- mins to
About this House
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, stone wood- burning fireplace 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!
Home Details for 5262 Ely Is S
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MLS Status: Pending |
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Interior Details Basement: NoneNumber of Rooms: 4Types of Rooms: Bedroom, Bedroom 2, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2 |
Dimensions and Layout Living Area: 624 Square FeetFoundation Area: 624 |
Appliances & Utilities Appliances: Range, RefrigeratorRefrigerator |
Heating & Cooling Heating: Wood StoveNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wood Stove |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood Burning, Wood Burning StoveHas a Fireplace |
Gas & Electric Gas: Wood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None |
View Has a ViewView: Bay, Lake, North, South |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
Frontage WaterfrontWaterfront: Lake Front, Lake Bottom(Rocky, Undeveloped)Road Frontage: NoneOn Waterfront |
Water & Sewer Sewer: Outhouse |
Farm & Range Frontage Length: Water Frontage: 3225 |
Finished Area Finished Area (above surface): 624 Square Feet |
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Cumulative Days on Market: 712Days on Market: 180+ |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: LogNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 270002001350 |
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Price List Price: $449,000Price Per Sqft: $720 |
Status Change & Dates Off Market Date: Mon Aug 17 2026 |
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Direction & Address City: Tower |
School Information High School District: St. Louis County |
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Listing Agent Listing ID: 6780806 |
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Building Area Building Area: 624 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 39.25 Acres |
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Contingencies: None |
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Mls Number: 6780806Water ViewWater View: Bay, LakeAbove Grade Unfinished Area: 624 |
Last check for updates: about 1 hour ago
Listing courtesy of Sherry Anderson, (218) 780-1071
Vermilion Land Office, Inc.
Source: NorthstarMLS as distributed by MLS GRID, MLS#6780806

Also Listed on NorthstarMLS as distributed by MLS GRID.
Market trends in Ely
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 16, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6121632 | Pending | $449,000 |
Apr 15, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6121632 | Contingent | $449,000 |
Aug 29, 2025 Source: Range AOR #148939 | Listed For Sale | $449,000 |
Aug 29, 2025 Source: Lake Superior Area Realtors as distributed by MLS GRID #6115912 | ListingRemoved | $490,000 |
Oct 6, 2024 Source: Range AOR #147390 | PriceChange | $490,000 Price decreased by 11% |
Sep 4, 2024 Source: Range AOR #147390 | Listed For Sale | $549,000 |
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Home Value
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Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $190,000 | 09/02/25 | 1 | - | 434 | |
2.35 | Single-Family Home | $229,000 | 07/24/26 | 2 | - | 1,219 | |
2.38 | Single-Family Home | $40,000 | 10/17/25 | 3 | 1 | 1,152 | |
2.42 | Single-Family Home | $85,000 | 07/09/26 | 4 | 1 | 896 | |
2.57 | Single-Family Home | $164,000 | 08/07/26 | 3 | 1 | 972 | |
2.33 | Single-Family Home | $75,000 | 07/31/26 | 3 | 1.5 | 25 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.17 | $195,000 | - | - | - | For Sale | |
0.18 | $193,700 | 1 | - | 434 | Off Market | |
0.49 | $342,600 | 2 | 0.5 | 862 | Off Market | |
0.50 | $230,000 | 2 | - | 647 | For Sale | |
0.69 | - | - | - | - | Off Market | |
0.87 | $530,300 | 2 | - | 624 | Off Market | |
0.93 | $359,000 | Studio | - | 240 | For Sale | |
0.92 | $1,304,100 | 3 | 2 | 2,552 | Off Market | |
0.97 | $275,000 | 2 | - | 426 | For Sale | |
1.15 | - | - | - | - | Off Market | |
1.42 | - | - | - | - | Off Market |
Around this home
What Locals Say about Ely
At least 8 Trulia users voted on each feature.
93 % Say there's wildlife
90 % Say kids play outside
89 % Say car is needed
88 % Say parking is easy
86 % Say it's quiet
83 % Say yards are well-kept
83 % Say it's dog friendly
80 % Say there's holiday spirit
78 % Say people would walk alone at night
77 % Say it's walkable to restaurants
75 % Say there are sidewalks
73 % Say streets are well-lit
72 % Say neighbors are friendly
69 % Say it's walkable to grocery stores
45 % Say there are community events
36 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5262 Ely Is S
- What is the estimated monthly payment for 5262 Ely Is S?Based on a $449,000 list price with 20% down at today's rates, the estimated monthly payment for 5262 Ely Is S in Tower, MN is approximately $2,827 (about $2,352 principal & interest, $400 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Tower?Residents describe Tower, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See homes for sale in Tower, MN.
- What are the closest schools to 5262 Ely Is S?The closest schools to 5262 Ely Is S in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
- How big is the lot at 5262 Ely Is S?The lot at 5262 Ely Is S in Tower, MN is about 39.3 acres.
Sherry Anderson, Vermilion Land Office, Inc.
Agent Phone: (218) 780-1071

Based on information submitted to the MLS GRID as of 2026-08-17 14:38:30 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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5262 Ely Is S, Tower, MN 55790 is a 2 bedroom, 624 sqft single-family home built in 1950. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Aug 29, 2025. The MLS # for this home is MLS# 6780806.

