$147,900
Original price: $149,900
5375 Ely Is N, Tower, MN 55790
Est. Mortgage $1,008/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 98% nearby.
Home Highlights
Lot/Land
5.36 acre lot
Local Information
-- mins to
About this House
LAKE VERMILION: Prime lakeshore property on desirable Ely Island, 5+ acres with 330 feet of shoreline, including electricity, convenient lift-out dock, and 8x10 shed already there. This pristine land is heavily wooded with a stunning blend of mature of Pines, Poplar and Birch trees and just a 5-minute boat ride will bring you to this buildable lot with breathtaking views and endless possibilities. Gravel landing area for barge hauling has already been established and ready to go. Enjoy all that Lake Vermilion has to offer!
Last check for updates: about 2 hours ago
Listing courtesy of Stuart Johansen
Northland Realty
Source: Range AOR, MLS#149815
Also Listed on Range AOR.
We estimate this home will sell faster than 98% nearby.
Home Details for 5375 Ely Is N
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Appliances & Utilities Utilities: Electricity Connected |
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Frontage WaterfrontWaterfront: Lake FrontOn Waterfront |
Water & Sewer Water Body: Vermilion |
Farm & Range Frontage Length: 330FT |
Surface & Elevation Topography: Boat Access Only, Rolling, High |
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Days on Market: 150 |
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Property Type / Style Property Type: LandProperty Subtype: Waterfront |
Property Information Parcel Number: 270002001405 |
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Price List Price: $147,900 |
Status Change & Dates Possession Timing: Closing |
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MLS Status: Active |
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Direction & Address City: Tower |
School Information Elementary School District: Tower/SoudanJr High / Middle School District: Tower/SoudanHigh School District: Tower/Soudan |
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Listing Agent Listing ID: 149815 |
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Lot Area: 5.36 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 149815 |
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.
Market trends in Ely
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
103
5MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
3.23 | Lot/Land | $114,900 | 02/27/26 | - | - | ||
3.86 | Lot/Land | $115,000 | 03/27/26 | - | - | ||
3.66 | Lot/Land | $43,000 | 08/28/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.12 | - | - | - | - | Off Market | |
0.39 | $359,000 | Studio | - | 240 | For Sale | |
0.40 | $341,000 | 2 | 0.5 | 862 | Off Market | |
0.41 | $194,200 | 1 | - | 434 | Off Market | |
0.44 | $210,000 | 2 | - | 647 | Recently Sold | |
0.60 | $320,000 | 2 | - | 624 | Recently Sold | |
0.71 | $195,000 | - | - | - | For Sale | |
1.26 | - | - | - | - | Off Market | |
1.36 | - | - | - | - | Off Market | |
1.37 | $275,000 | 2 | - | 426 | For Sale | |
1.41 | $1,319,500 | 3 | 2 | 2,552 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 15, 2026 Source: Range AOR #149815 | PriceChange | $147,900 Price decreased by 1% |
Apr 24, 2026 Source: Range AOR #149815 | Listed For Sale | $149,900 |
Sep 15, 2005 Source: N/A | Sold | $141,500 |
Feb 27, 2002 Source: N/A | Sold | $28,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $1,362 | $116,400 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Stuart Johansen, Northland Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 5375 Ely Is N
- How big is 5375 Ely Is N?5375 Ely Is N in Tower, MN is about 5.4 acres.
- What is the price per acre for 5375 Ely Is N?5375 Ely Is N in Tower, MN is listed at $147,900, or about $30K per acre.
- 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 5375 Ely Is N?The closest schools to 5375 Ely Is N in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
5375 Ely Is N, Tower, MN 55790 is a lot/land. This property is currently available for sale and was listed by Range AOR on Apr 24, 2026. The MLS # for this home is MLS# 149815.

