5375 Ely Is N, Tower, MN 55790
Property image
Property image
FOR SALE
5.36 ACRES

5375 Ely Is N
Tower, MN 55790

    $147,900

    Original price: $149,900
    Est. Mortgage $948/mo*
    Get Pre-Qualified

    $147,900

    Original price: $149,900
    Est. Mortgage $948/mo*
    Get Pre-Qualified
    (on 5.36 acres)
    We estimate this home will sell faster than 98% nearby.

    Home Highlights

    Listed
    105 days ago

    Local Information

    • Map ViewExplore the area around 5375 Ely Is N.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    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!
    We estimate this home will sell faster than 98% nearby.

    Home Details for 5375 Ely Is N

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake FrontOn Waterfront
    Water & Sewer
    Water Body: Vermilion
    Farm & Range
    Frontage Length: 330FT
    Surface & Elevation
    Topography: Boat Access Only, Rolling, High

    Days on Market

    Days on Market: 105

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Waterfront
    Property Information
    Parcel Number: 270002001405

    Price & Status

    Price
    List Price: $147,900
    Status Change & Dates
    Possession Timing: Closing

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Tower
    School Information
    Elementary School District: Tower/SoudanJr High / Middle School District: Tower/SoudanHigh School District: Tower/Soudan

    Agent Information

    Listing Agent
    Listing ID: 149815

    Lot Information

    Lot Area: 5.36 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 149815
    Last check for updates: about 10 hours ago
    Listing courtesy of Stuart Johansen
    Northland Realty
    Source: Range AOR, MLS#149815
    Also Listed on Range AOR.

    Market trends in Ely

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    96
    16    MoM

    Price History for 5375 Ely Is N

    DatePriceEventSource
    07/15/2026$147,900PriceChange
    Range AOR #149815
    04/24/2026$149,900Listed For SaleRange AOR #149815
    09/15/2005$141,500Sold
    N/A
    02/27/2002$28,000Sold
    N/A

    Similar Homes You May Like

    Skip to last item
    Skip to first item

    New Listings near 5375 Ely Is N

    Skip to last item
    Skip to first item

    Property Tax and Assessment

    Year2024
    Tax$1,146
    Assessment$121,000
    Home facts updated by county records

    Comparable Sales for 5375 Ely Is N

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Xx Pine Is NW, Tower, MN
    3.23
    Lot/Land
    $114,900
    02/27/26
    -
    -
    TBD Lake Vermilion North, Tower, MN
    3.86
    Lot/Land
    $115,000
    03/27/26
    -
    -
    29 Lake Ave S, Tower, MN
    3.71
    Lot/Land
    $65,000
    08/12/25
    -
    -
    xxxx Mud Creek Rd, Ely, MN
    4.44
    Lot/Land
    $165,000
    08/08/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
    Skip to last item
    Skip to first item

    Assigned Schools

    These are the assigned schools for 5375 Ely Is N.

    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.
    • Mavericksells
      "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
      0
      Flag
    • Derek H.
      "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
      7
      Flag
    • Jennifer P.
      "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
      0
      Flag
    • Jennifer P.
      "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
      3
      Flag
    • Rvhall
      "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
      0
      Flag
    • Lora L.
      "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
      0
      Flag

    LGBTQ Local Legal Protections

    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).
    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.
    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.