Tbd Ely Is, Tower, MN 55790
Property image
Property image
OFF MARKET

$82,500

Last sold price

    Tbd Ely Is, Tower, MN 55790

    Currently Off Market - Sold May 30, 2025 for $82,500

    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
    Xx Pine Is NW, Tower, MN
    3.10
    Lot/Land
    $114,900
    02/27/26
    -
    -
    6 Lake Ave S, Tower, MN
    2.68
    Lot/Land
    $43,000
    08/28/26
    -
    -
    TBD Lake Vermilion North, Tower, MN
    3.71
    Lot/Land
    $115,000
    03/27/26
    -
    -
    Highway 1, Tower, MN
    6.44
    Lot/Land
    $122,500
    06/23/26
    -
    -

    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
    Parcel 1 Ely Island, Tower, MN 55790
    0.18
    -
    -
    -
    -
    Off Market
    3 Ely Is, Breitung Township, MN 55790
    0.38
    $364,200
    Studio
    -
    520
    Off Market
    TBD S Ely Island, Tower, MN 55790
    0.57
    -
    -
    -
    -
    Off Market
    1599 McKinley Park Rd, Tower, MN 55790
    1.00
    $625,900
    3
    1.5
    1,222
    For Sale
    1597 McKinley Park Acres Rd, Tower, MN 55790
    1.03
    $695,000
    2
    2
    2,396
    For Sale
    5441 N Ely Island, Tower, MN 55790
    1.03
    $359,000
    Studio
    -
    240
    For Sale
    1583 McKinley Park Rd, Tower, MN 55790
    1.08
    $742,700
    2
    3
    2,384
    Off Market
    1583 McKinley Park Acres Rd, Tower, MN 55790
    1.08
    $803,200
    2
    3
    2,036
    Off Market
    5507 Miettunen Plat Rd, Tower, MN 55790
    1.10
    $678,300
    2
    1.5
    1,200
    Off Market
    1579 McKinley Park Acres Rd, Tower, MN 55790
    1.13
    $1,060,100
    3
    2
    2,408
    Off Market

    Local Information

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

    Home Highlights

    Lot/Land
    2.64 acre lot

    About this House

    Enjoy this untouched 2+ acres with 200 feet of shoreline vacant lot on desirable Ely Island! Only a 5 minute boat ride will bring you to this buildable lot with gorgeous sunset views. The land includes mature trees along with naturally cleared out areas perfect for your dream home or cabin. Enjoy all that Lake Vermilion has to offer!
    Tbd Ely Is, Tower, MN 55790 is a lot/land. It last sold for $82,500 on May 30, 2025 (3% below the $85,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 16 hours ago
    Listed by Rachel Lacount
    Northwoods Land Office
    Bought with: Northwoods Land Office
    Source: Range AOR, MLS#148278

    Home Details for Tbd Ely Is

    Interior Features

    Appliances & Utilities
    Utilities: None

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake FrontOn Waterfront
    Water & Sewer
    Water Body: Vermilion
    Farm & Range
    Frontage Length: 200
    Surface & Elevation
    Topography: Boat Access Only, Rolling, High

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Waterfront
    Property Information
    Parcel Number: 270002001502

    Price & Status

    Price
    List Price: $85,000
    Status Change & Dates
    Possession Timing: Closing

    Active Status

    MLS Status: Sold In House

    Location

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

    Lot Information

    Lot Area: 2.64 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 148278

    Price and Tax history

    DateEventPrice
    May 30, 2025
    Source: Range AOR #148278
    		Sold
    $82,500
    May 8, 2025
    Source: Range AOR #148278
    		Listed For Sale
    $85,000

    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
    5    MoM

    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
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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
      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

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    Frequently asked questions about Tbd Ely Is

    • What is the price history for Tbd Ely Is?
      Tbd Ely Is in Tower, MN last sold for $82,500 in May 2025.
    • 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.
    • What are the closest schools to Tbd Ely Is?
      The closest schools to Tbd Ely Is in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).

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