5441 Ely Is N
Tower, MN 55790
- Studio
- 240 sqft (on 16.50 acres)
Studio
240 sqft
(on 16.50 acres)
We estimate this home will sell faster than 84% nearby.
Local Information
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Description
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.
We estimate this home will sell faster than 84% nearby.
Home Highlights
Parking
None
Outdoor
No Info
HOA
None
Price/Sqft
$1,496
Listed
7 days ago
Home Details for 5441 Ely Is N
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Dimensions and Layout Living Area: 240 Square FeetFoundation Area: 240 |
Appliances & Utilities Appliances: RefrigeratorRefrigerator |
Heating & Cooling Heating: NoneNo Heating |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Lake Country Power |
Levels, Entrance, & Accessibility Number of Stories: 1 |
View No View |
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Exterior Home Features Roof: Asphalt ShingleExterior: Dock |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
Frontage WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)Road Frontage: NoneOn Waterfront |
Water & Sewer Sewer: OuthouseWater Body: Vermilion |
Farm & Range Frontage Length: 365 |
Finished Area Finished Area (above surface): 240 Square Feet |
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Cumulative Days on Market: 2Days on Market: 7 |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic |
Building Construction Materials: Engineered Wood, Frame/Wood |
Property Information Condition: Previously OwnedParcel Number: 270002001426 |
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Price List Price: $359,000Price Per Sqft: $1,496 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE |
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Direction & Address City: Tower |
School Information High School District: St. Louis County #2142 |
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Listing Agent Listing ID: 6124857 |
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No HOA |
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Lot Area: 16.5 Acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 6124857Attribution Contact: ***Above Grade Unfinished Area: 240 |
Last check for updates: about 5 hours ago
Listing courtesy of Barb Hegg, (218) 742-2369
Vermilion Land Office, Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6124857

Price History for 5441 Ely Is N
| Date | Price | Event | Source |
|---|---|---|---|
| 04/30/2026 | $359,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #7065125 |
| 11/17/2025 | $359,000 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6699748 |
| 09/03/2025 | $359,000 | PriceChange | Range AOR #148121 |
| 08/18/2025 | $360,000 | PriceChange | Range AOR #148121 |
| 07/20/2025 | $365,000 | PriceChange | Range AOR #148121 |
| 07/08/2025 | $369,000 | PriceChange | Range AOR #148121 |
| 06/07/2025 | $375,000 | PriceChange | Range AOR #148121 |
| 05/30/2025 | $385,000 | PriceChange | Range AOR #148121 |
| 04/09/2025 | $399,000 | Listed For Sale | Range AOR #148121 |
| 12/20/2024 | $399,000 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6547158 |
| 09/21/2024 | $399,000 | PriceChange | Range AOR #146795 |
| 07/02/2024 | $387,000 | PriceChange | Range AOR #146795 |
| 06/01/2024 | $460,000 | Listed For Sale | Range AOR #146795 |
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Comparable Sales for 5441 Ely Is N
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.75 | Single-Family Home | $190,000 | 09/02/25 | 1 | - | 434 | |
2.35 | Single-Family Home | $157,000 | 05/21/25 | 3 | 0.5 | 938 | |
2.38 | Single-Family Home | $10,000 | 07/03/25 | 2 | 1 | 823 | |
2.51 | Single-Family Home | $310,000 | 08/29/25 | 2 | 1 | 946 | |
2.92 | Single-Family Home | $375,000 | 07/18/25 | 2 | 1 | 852 | |
2.92 | Single-Family Home | $40,000 | 10/17/25 | 3 | 1 | 1,152 |
Assigned Schools
These are the assigned schools for 5441 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 it's walkable to grocery stores
75 % Say there are sidewalks
73 % Say streets are well-lit
72 % Say neighbors are friendly
45 % Say there are community events
36 % Say they plan to stay for at least 5 years
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Barb Hegg, Vermilion Land Office, Inc
Agent Phone: (218) 742-2369

Based on information submitted to the MLS GRID as of 2026-05-08 01:12:16 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
5441 Ely Is N, Tower, MN 55790 is a studio, 240 sqft single-family home built in 2024. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Apr 30, 2026. The MLS # for this home is MLS# 6124857.

