5497 N Pine Island, Tower, MN 55790
FOR SALE
85 ACRES

$749,000

  • 2 Beds
  • 1.5 Baths
  • 2,008 sqft (on 85 acres)

5497 N Pine Island, Tower, MN 55790

Est. Mortgage $4,798/mo*
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Home Highlights

Single-Family Home
Built in 1999
85 acre lot
$373/sqft

Local Information

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

About this House

OPEN HOUSE: Click link for 3D Virtual Tour. Secluded Log Home Retreat, Lake Vermilion, Set On Apx 85 Acre Island Nature Preserve & 1100 Ft Shoreline, Sunset Beach, short boat ride across calm water to mainland. Stunning land offers extensive walking trails & is home to Showy Lady Slippers, Yellow Lady Slippers & many varieties of orchids, adjoins 170 acres to the south also protected w/conservation easement. 2,008 SF 2BR/2BA log home features vaulted great rm w/natural light pouring in lakeside Marvin windows, Vermont Castings fireplace front wood stove, lakefront cedar deck. Kitchen w/island open to lakeside living & dining. Cart path from dock. Boathouse. Woodshed. Workshop w/UTV parking. Furnished.
Last check for updates: about 8 hours ago
Listing courtesy of Lisa Janisch, (218) 780-6644
Janisch Realty Inc.
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6116665
Also Listed on NorthstarMLS as distributed by MLS GRID, NorthstarMLS as distributed by MLS GRID, Lake Superior Area Realtors as distributed by MLS GRID, Range AOR, Range AOR.

Home Details for 5497 N Pine Island

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2008 Square FeetFoundation Area: 1360
Appliances & Utilities
Utilities: SatelliteAppliances: Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, WasherDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Wood,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: DeckWooded Area Size: 3702600Other Structures: Boat House, Storage ShedExterior: DockFoundation: Rock, Wood
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None,None
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Public), Shoreline Characteristics(Gravel, Rocky, Sand)Road Frontage: NoneOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Vermilion
Farm & Range
Frontage Length: 1100
Finished Area
Finished Area (above surface): 2008 Square Feet

Days on Market

Cumulative Days on Market: 644Days on Market: 180+

Property Information

Year Built
Year Built: 1999
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log
Building
Construction Materials: Log, Log Home
Property Information
Condition: Previously OwnedParcel Number: 665004200020, 665004200010, 270002000440

Price & Status

Price
List Price: $749,000Price Per Sqft: $373
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Tower
School Information
High School District: St. Louis County #2142

Agent Information

Listing Agent
Listing ID: 6116665

HOA

No HOA

Lot Information

Lot Area: 85 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6116665Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 2008

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

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
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
5262 S Ely Island, Tower, MN
2.78
Single-Family Home
$320,000
08/14/26
2
-
624
5372 S Ely Island, Tower, MN
2.74
Single-Family Home
$210,000
09/11/26
2
-
647
4891 Lake Vermilion N, Tower, MN
3.08
Single-Family Home
$229,000
07/24/26
2
-
1,219
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
5399 Pine Is N, Tower, MN 55790
0.46
$359,000
2
1
1,107
For Sale
5313 N Pine Island, Tower, MN 55790
0.60
$162,000
3
0.5
938
Off Market
5327 Pine Is N, Tower, MN 55790
0.63
$325,000
2
1
823
For Sale
5312 Mud Creek Rd, Ely, MN 55731
0.87
$1,101,000
3
1.5
2,500
Off Market
5713 Pine Is N, Tower, MN 55790
1.15
-
2
1
946
Off Market
Indiant Point Rd, Tower, MN 55790
1.31
-
-
-
-
Off Market
Indian Point Rd, Tower, MN 55790
1.39
-
-
-
-
Off Market
TBD Canfield Bay, Tower, MN 55790
1.44
-
-
-
-
Off Market
Canfield, Two Harbors, MN 55616
1.46
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Jun 19, 2026
Source: Range AOR #147642
PriceChange
$749,000
Price decreased by 6%
Oct 19, 2024
Source: Range AOR #147642
Listed For Sale
$798,500

LGBTQ Local Legal Protections

Lisa Janisch, Janisch Realty Inc.
Agent Phone: (218) 780-6644
Based on information submitted to the MLS GRID as of 2026-09-22 00:07:21 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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Frequently asked questions about 5497 N Pine Island

  • What is the estimated monthly payment for 5497 N Pine Island?
    Based on a $749,000 list price with 20% down at today's rates, the estimated monthly payment for 5497 N Pine Island in Tower, MN is approximately $4,826 (about $4,083 principal & interest, $668 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 5497 N Pine Island?
    The closest schools to 5497 N Pine Island in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
  • Does 5497 N Pine Island have laundry facilities?
    Yes, 5497 N Pine Island in Tower, MN has in-unit laundry.
  • How big is the lot at 5497 N Pine Island?
    The lot at 5497 N Pine Island in Tower, MN is about 85 acres.
  • Does 5497 N Pine Island have parking?
    Yes, 5497 N Pine Island in Tower, MN has on-site parking.
5497 N Pine Island, Tower, MN 55790 is a 2 bedroom, 2 bathroom, 2,008 sqft single-family home built in 1999. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Oct 19, 2024. The MLS # for this home is MLS# 6116665.