5497 Matson Is, Tower, MN 55790
OFF MARKET

5497 Matson Is
Tower, MN 55790

  • 3 Beds
  • 2 Baths
  • 2,126 sqft (on 11.50 acres)

$735,100

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $4,486/mo*
Refinance Your Home

$735,100

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $4,486/mo*
Refinance Your Home
3 Beds
2 Baths
2,126 sqft
(on 11.50 acres)

Home Value

Trulia Estimate
$735K
Since last month
Increased$700 (+0.1%)
Since last year
Increased$26K (+3.7%)
Since last sale
Increased$484K (+193.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -8% in the last 10 years
MonthEstimated value
2026
August 2026$734K
July 2026$733K
June 2026$741K
May 2026$729K
April 2026$700K
March 2026$696K
February 2026$693K
January 2026$678K
2025
2024
2023

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
5327 Pine Island Lake Vermilion Is, Tower, MN
0.81
Single-Family Home
$365,000
06/01/26
2
1
823
5713 Pine Is N, Tower, MN
1.12
Single-Family Home
$310,000
08/29/25
2
1
946
5399 Lake Vermilion N, Ely, MN
0.50
Single-Family Home
$106,000
04/06/26
1
-
432
5322 S Ely Island, Tower, MN
3.09
Single-Family Home
$190,000
09/02/25
1
-
434
4891 Lake Vermilion N, Tower, MN
3.40
Single-Family Home
$229,000
07/24/26
2
-
1,219
5262 S Ely Island, Tower, MN
3.24
Single-Family Home
$320,000
08/14/26
2
-
624
95608 Pine Is, Tower, MN
3.30
Single-Family Home
$341,000
09/11/25
2
-
308
1621 McKinley Park Acres Rd, Tower, MN
4.11
Single-Family Home
$270,875
06/29/26
2
1
780
4361 Isle of Pines, Tower, MN
4.49
Single-Family Home
$1,498,000
08/17/26
3
2
1,908

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
5497 N Pine Island, Tower, MN 55790
0.45
$749,000
2
1.5
2,008
For Sale
5399 Pine Is N, Tower, MN 55790
0.59
$359,000
2
1
1,107
For Sale
5313 N Pine Island, Tower, MN 55790
0.84
$160,500
3
0.5
938
Off Market
5327 Pine Is N, Tower, MN 55790
0.85
$325,000
2
1
823
For Sale
5312 Mud Creek Rd, Ely, MN 55731
0.88
$1,074,300
3
1.5
2,500
Off Market
5713 Pine Is N, Tower, MN 55790
1.12
-
2
1
946
Off Market
5250 Mud Creek Rd, Ely, MN 55731
1.18
$449,500
2
1
825
For Sale
5250 Mud Creek Rd, Tower, MN 55790
1.19
$449,500
2
1
825
For Sale
5725 Lake Vermilion North, Tower, MN 55790
1.33
$477,900
3
1
1,300
Off Market
TBD Lake Vermilion North, Tower, MN 55790
1.39
-
-
-
-
Off Market
Tbd N Lake Vermilion, Tower, MN 55790
1.48
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5497 Matson Is.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2014
Lot Size
11.5 acres
Living Area
2,126 sqft
Price/Sqft
$346
Parking
Garage

About this House

This single-family home is located at 5497 Matson Is, Tower, MN. 5497 Matson Is is in Tower, MN and in ZIP code 55790. This property has 3 bedrooms, 2 bathrooms and approximately 2,126 sqft of floor space. This property has a lot size of 11.50 acres and was built in 2014.
5497 Matson Is, Tower, MN 55790 is a 3 bedroom, 2 bathroom, 2,126 sqft single-family home built in 2014. It last sold for $250,000 on Feb 22, 1999. It is currently off market. The Trulia Estimate is $735,100, with a rent estimate of $2,738/month.

Home Details for 5497 Matson Is

Interior Features

Interior Details
BasementIn-law unit
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2014
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 11.50 acres

Price and Tax history

DateEventPrice
Feb 22, 1999
Source: N/A
Sold
$250,000

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM

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.
  • 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 5497 Matson Is

  • What is 5497 Matson Is estimated to be worth?
    Trulia's estimated value for 5497 Matson Is in Tower, MN is $735,100.
  • What is the price history for 5497 Matson Is?
    5497 Matson Is in Tower, MN last sold for $250,000 in February 1999.
  • Is Tower a buyer's or seller's market?
    Tower is currently a buyer's market, based on recent for-sale activity.
  • 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 recently sold homes in Tower, MN.
  • Does 5497 Matson Is have air conditioning?
    Yes, 5497 Matson Is in Tower, MN has air conditioning.
  • How big is the lot at 5497 Matson Is?
    The lot at 5497 Matson Is in Tower, MN is about 11.5 acres.

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Off Market Homes Near 5497 Matson Is

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