5441 Ely Island
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About this home
Possibly the best view on Lake Vermilion! Breathtaking views of 10+ islands. Everything on the property is new & ready for you to enjoy. This 16.5 acre parcel sits on a point with 180 degree views. 365' of elevated and flat shoreline.Property includes a new Amish-built cabin & outhouse with Andersen Windows & storm doors, Diamond Kote siding, closed cell spray foamed floor in cabin, new king-sized bed & coverings, 2 new futons, 400 amp electric service, new SS fridge/freezer, 20' one trip shipping container, second storage shed, new stairs down to new 40’ L shaped dock w/two cedar benches & swim ladder & new boat lift, additional 40’ dock & sitting deck, multiple fire rings & outdoor furniture, two viewing benches on the point, cedar swing, aluminum picnic table & bbq grill.Huge red & white pines, birch, poplar, maple & more. Property is dotted w/large boulders. Located very close to the deepest fishing holes on the lake. End of dock is 14' deep and great walleye fishing! Lower shore is ideal for walking in the water & swimming.
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Home facts
Facts & features
Interior
- Bathrooms
- 1
- Bath breakdown
- 1 1/4
- Heating
- None
- Cooling
- None
- Appliances
- Refrigerator
- Basement
- None · 0 sqft finished
Property
- Levels / stories
- One
- Garage
- 0
- Parking features
- None
- Patio & porch
- Deck
- Exterior features
- Engineered Wood
- Other structures
- Storage Shed
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Frame
- Foundation
- Pillar/Post/Pier · 240 sqft
- Roof
- Asphalt
- Year built
- 2024
Utilities
- Water
- None
- Sewer
- Outhouse
- Fuel
- Electric
Community & HOA
- HOA
- No HOA
- School district
- 2142 - St. Louis County
- High school district
- St. Louis County
Financial & listing details
- Annual tax
- $1,691 (2026)
- Tax with assessments
- 1776
- Listed
- Apr 27, 2026
- Days on market
- 151 · 207 cumulative
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
5441 Ely Island, Tower, MN, 55790
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
