Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,309 (2026).

What school district is this property in?

This property is in the 2142 - St. Louis County school district.

How long has this property been on the market?

This property has been listed for 224 days.

Listed at

$195,000

5248 Ely Island

5248 Ely Island, Tower, MN, 55790

5.19 Acres

Days on market224

TypeLand

Est. $2,850buyer credit when you buy with SODL

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About this home

5.19 acres with an impressive 495’ of south-facing lakeshore offering excellent sun exposure and beautiful water views. This exceptional parcel features electricity on site, dock already in place, and a compliant outhouse. Minutes from the nearest public access, the property provides both privacy and convenience. A truly great building site with good elevation and scenic vistas — ideal for your future lake retreat.

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Home facts

Property typeLand

Lot size5.19 acres (820x447)

Days on market224

ListedFeb 15, 2026

MLS #NST7022728

CountySt. Louis

Parcel #270002001360

Facts & features

Interior

Bathrooms: 0

Property

Other structures: Other
View: Lake, South
Waterfront: Lake Front
Lot size: 5.19 acres
Lot dimensions: 820x447
Road frontage: None

Construction

Property type: Land

Utilities

Utilities: Electricity Available, Electricity Connected

Community & HOA

HOA: No HOA
School district: 2142 - St. Louis County
High school district: St. Louis County

Financial & listing details

Annual tax: $1,309 (2026)
Tax with assessments: 1344
Listed: Feb 15, 2026
Days on market: 224
Inclusions: Dock

Interior details

Total bathrooms0

Exterior & lot

Road frontageNone

ZoningShoreline,Residential-Single Family

Utilities

Parking & garage

Financial details

Annual taxes$1,309

Tax year2026

Taxes w/ assessments1344

Assessment pendingYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District2142 - St. Louis County

District number2142

District phone2187498130

High schoolSt. Louis County

SODL flat fee brokerage

$2,850Estimated buyer credit

SODL platform fee $3,000Your buyer credit $2,850

Buyer-side commission

3.0%

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

$1,199/mo

Principal & interest$1,025

Property taxes$109

Home insurance (est.)$65

Down payment

$39,000

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.