TBD S Ely Island, Tower, MN 55790
OFF MARKET

TBD S Ely Island
Tower, MN 55790

    (on 6.50 acres)

    Home Value

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    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
    TBD Lake Vermilion North, Tower, MN
    4.23
    Lot/Land
    $115,000
    03/27/26
    -
    -
    95814 Pine Is, Tower, MN
    6.35
    Lot/Land
    $205,000
    08/29/25
    -
    -

    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
    0.54
    -
    -
    -
    -
    Off Market
    5507 Miettunen Plat Rd, Tower, MN 55790
    0.58
    $685,700
    2
    1.5
    1,200
    Off Market
    1599 McKinley Park Rd, Tower, MN 55790
    0.62
    $650,900
    3
    1.5
    1,222
    For Sale
    1597 McKinley Park Acres Rd, Tower, MN 55790
    0.65
    $730,000
    2
    2
    2,396
    For Sale
    1583 McKinley Park Rd, Tower, MN 55790
    0.68
    $739,600
    2
    3
    2,384
    Off Market
    1583 McKinley Park Acres Rd, Tower, MN 55790
    0.68
    $779,400
    2
    3
    2,036
    Off Market
    3 Ely Is, Breitung Township, MN 55790
    0.72
    $366,600
    Studio
    -
    520
    Off Market
    TBD Ely Island, Tower, MN 55790
    0.72
    $366,200
    Studio
    -
    520
    Off Market

    Local Information

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

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    6.5 acres

    About this House

    This spectacular south and east facing "point" parcel on Ely Island features approx. 1300 ft of "actual" shoreline and 6.5 wooded acres. This property features a sheltered docking and swimming area, moderate elevation, multiple attractive building sites, towering pines and a panoramic view of the "Seven Sisters" Islands. Extras include electrical service on site, lift-out dock, park-like grounds, 2 picnic sites, easy boat access from nearby marinas and public water access sites. Take advantage of the point and build your dream home with water on three sides. Views don't get any better than this and privacy just doesn't get any better than this!
    TBD S Ely Island, Tower, MN 55790 is a lot/land. It last sold for $205,000 on May 1, 2015 (5% below the $215,000 asking price). It is currently off market.

    Home Details for TBD S Ely Island

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, None
    Gas & Electric
    Has Electric on Property
    View
    Has a ViewView: Panoramic

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Frontage
    WaterfrontWaterfront: Inland LakeRoad Frontage: NoneOn Waterfront
    Water & Sewer
    Water Body: Vermilion
    Farm & Range
    Frontage Length: 1300

    Days on Market

    Cumulative Days on Market: 42

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 270201692

    Price & Status

    Price
    List Price: $215,000
    Status Change & Dates
    Off Market Date: Mon Mar 30 2015Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

    Direction & Address
    City: Tower

    Lot Information

    Lot Area: 6.5 Acres

    Offer

    Listing Terms: Conventional

    Miscellaneous

    Mls Number: 2276201
    Last check for updates: about 4 hours ago
    Listed by Vicki Schelde, (218) 750-0443
    B.I.C. Realty
    Bought with: Vicki Schelde, (218) 750-0443, B.I.C. Realty
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#2276201

    Price and Tax history

    DateEventPrice
    May 1, 2015
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2276201
    		Sold
    $205,000

    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
    2    MoM
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    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. "
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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 . "
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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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    Apartments for Rent

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    Homes for sale near TBD S Ely Island

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    Off Market Homes Near TBD S Ely Island

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    Frequently asked questions about TBD S Ely Island

    • What is the price history for TBD S Ely Island?
      TBD S Ely Island in Tower, MN last sold for $205,000 in May 2015.
    • 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 S Ely Island?
      The closest schools to TBD S Ely Island in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
    Based on information submitted to the MLS GRID as of 2026-08-17 09:37:17 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