Indian Point Rd, Tower, MN 55790
OFF MARKET

Indian Point Rd
Tower, MN 55790

    (on 24 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    24 acre lake lot on Minnesota's popular Lake Vermilion with road access included and over 3000' of prime shoreline. This exceptionally rare parcel features lots of privacy, some towering pine trees, a mixture of topography, bedrock exposure, lake views up to 5 miles across Big Bay, and breathtaking sunsets. Have your own private estate or explore subdivision opportunities. Located on the Eastern side of the lake and next to higher-end residential development, this property has lots of potential. The property can be accessed from Indian Pt Rd and is near the BWCA and Lake Vermilion State Park. Seller to assume responsibility for road association membership, power is available soon and the lot can be split.
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 30, 2024

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for Indian Point Rd

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake FrontOn Waterfront
    Water & Sewer
    Water Body: Vermilion
    Farm & Range
    Frontage Length: 3000
    Surface & Elevation
    Topography: Rolling

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Waterfront
    Property Information
    Parcel Number: 270002000340

    Price & Status

    Price
    List Price: $950,000
    Status Change & Dates
    Possession Timing: Closing

    Active Status

    MLS Status: Sold CO OP by Member

    Media

    Location

    Direction & Address
    City: Tower
    School Information
    Elementary School District: St.Louis CountyJr High / Middle School District: St.Louis CountyHigh School District: St.Louis County

    Lot Information

    Lot Area: 24 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 146209
    Last check for updates: about 14 hours ago
    Listed by Julia Maki
    B.I.C. Realty
    Bought with: Vermilion Land Office Inc
    Source: Range AOR, MLS#146209

    Price History for Indian Point Rd

    DatePriceEventSource
    08/30/2024$910,000Sold
    Range AOR #146209
    05/25/2024ListingRemovedRange AOR #146209
    01/11/2024$950,000Listed For SaleRange AOR #146209
    01/01/2024ListingRemovedRange AOR #144941
    05/05/2023$950,000Listed For SaleRange AOR #144941
    12/08/2021ListingRemovedNorthstarMLS as distributed by MLS GRID #6028081
    07/20/2021$995,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6028081

    Market trends in Ely

    Last updated April 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    73
    26    MoM
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    Comparable Sales for Indian Point Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Xxxx Mud Creek Rd, Ely, MN
    2.73
    Lot/Land
    $165,000
    08/08/25
    -
    -
    Xx Pine Is NW, Tower, MN
    2.95
    Lot/Land
    $114,900
    02/27/26
    -
    -
    Tbd Lake Vermilion N, Tower, MN
    3.45
    Lot/Land
    $115,000
    03/27/26
    -
    -
    Tbd Hoodoo Point Rd, Tower, MN
    4.46
    Lot/Land
    $90,000
    06/13/25
    -
    -
    32 Lake Ave S, Tower, MN
    5.46
    Lot/Land
    $58,000
    06/30/25
    -
    -
    26 Lake Ave S, Tower, MN
    5.46
    Lot/Land
    $50,000
    07/08/25
    -
    -
    Main St, Tower, MN
    5.43
    Lot/Land
    $14,000
    07/11/25
    -
    -
    29 Lake Ave S, Tower, MN
    5.51
    Lot/Land
    $65,000
    08/12/25
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for Indian Point Rd.

    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. "
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    • 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
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    • 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. "
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    • 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
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    • 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."
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    • 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."
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    Homes for sale near Indian Point Rd

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    Off Market Homes Near Indian Point Rd

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    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.

    Homes for rent near Indian Point Rd

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    Indian Point Rd, Tower, MN 55790 is a lot/land. This property is not currently available for sale. Indian Point Rd was last sold on Aug 30, 2024 for $910,000 (4% lower than the asking price of $950,000).