Listed at
$2,450,000
$1,142/sqft

Morse Town Of

2928 Waters Island and Dock Van Vac Road, Ely, MN, 55731
6  Bedrooms4  Bathrooms2,146  Square Feet20.9  Acres
Days on market826
Year built1997
ParkingGravel
TypeResidential
Est. $70,500buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

Burntside Private Island Retreat With Mainland Dock! Gorgeous Sunrise To Sunset Vistas Of Treasured Burntside Lake. Waters Island retreat offers 20.9 acres of towering pines & 2,140 ft south & west facing shoreline offering island studded views all the way across the main body of the lake, 5 cabins, 4 yurts, short boat ride across calm water to mainland dock w/flat access road, just 7 paved miles south of Ely, & 1 paved mile past the public landing. Burntside is a 126 ft deep, spring fed clear blue water trout lake of 7314 acres & over 100 islands, stocked w/walleye & known for exceptional fishing & as the source of Ely’s drinking water. This is a rare property not often seen for sale on Burntside; a private island retreat with a mainland dock on the south shore of the main body of the lake!

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1997
LevelsOne
Living area2,146 sqft
Above-grade finished2,146 sqft
Below-grade finished0 sqft
Lot size20.9 acres (1420x1070)
Days on market826
ListedJun 23, 2024
MLS #NST6559212
CountySt. Louis
SubdivisionMorse Town Of
Parcel #465004004490

Facts & features

Interior

Bedrooms
6
Bathrooms
4
Bath breakdown
2 full / 1 3/4 / 1 half
Heating
Wood Stove
Cooling
Central Air
Appliances
Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One
Parking features
Gravel
Patio & porch
Deck
Exterior features
Wood
Other structures
Gazebo, Sauna, Storage Shed
View
East, Lake, North, Panoramic, South, West

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 2,146 sqft
Roof
Asphalt
Year built
1997

Utilities

Water
Lake Water
Sewer
Private Sewer
Fuel
Electric, Wood
Electric
200+ Amp Service

Community & HOA

Subdivision
Morse Town Of
HOA
No HOA
School district
696 - Ely
High school district
Ely

Financial & listing details

Annual tax
$9,772 (2026)
Listed
Jun 23, 2024
Days on market
826 · 2 cumulative
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths1
Half baths1
1/4 baths0
BasementBlock, Crawl Space
HeatingWood Stove
CoolingCentral Air
Fireplaces1
LaundryElectric Dryer Hookup, Main Level, Washer Hookup
AppliancesDishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
DiningBreakfast Area, Informal Dining Room, Living/Dining Room
AmenitiesDeck, Dock, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Panoramic View, Sauna, Tile Floors, Washer/Dryer Hookup
AccessibilityNone
Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorWood
RoofAsphalt
FoundationBlock
Foundation area2,146 sqft
Patio/porchDeck
Lot featuresBWCA Access, Irregular Lot, Tree Coverage - Heavy
ZoningOther

Utilities

Water sourceLake Water
SewerPrivate Sewer
FuelElectric, Wood

Parking & garage

ParkingGravel
Garage spaces0

Financial details

Annual taxes$9,772
Tax year2026
Taxes w/ assessments9772
Assessment pendingYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District696 - Ely
District number696
District phone2183656166
High schoolEly
SODL flat fee brokerage
$70,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $70,500

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$14,507/mo
Principal & interest$12,876
Property taxes$814
Home insurance (est.)$817
%
$490,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

2928 Waters Island and Dock Van Vac Road, Ely, MN, 55731

Comparable homes

Listing information

MLS #NST6559212
StatusActive
Last updatedJul 24, 2026, 10:11 PM
Originally listedJun 25, 2024, 6:59 AM
Listing officeJanisch Realty, Inc

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.