Morse Town Of
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About this home
Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the central part of the lake to the Boundary Waters Wilderness. To the east, enjoy its secluded bay, great for swimming, and sheltered for boats.There are several easily accessible choices for level building sites tucked among majestic Norway pines, as well as a towering granite bluff with unparalleled panoramic views. Includes are for mainland dock a half mile away with a spacious parking area and a short, level driveway to the Eastern Van Vac Road. Seven scenic, paved miles to the charming town of Ely, with its cafes, galleries and frontier spirit. 40 minutes to the Hibbing Airport.
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- View
- Lake, Panoramic
- Waterfront
- Lake Front
- Lot size
- 5.3 acres
- Lot dimensions
- 1157x710
- Lot features
- BWCA Access, Island/Peninsula, Property Adjoins Public Land, Tree Coverage - Heavy
- Parcel #
- 465004003238
Construction
- Property type
- Land
Utilities
- Utilities
- Electricity Available, None Connected
Community & HOA
- Subdivision
- Morse Town Of
- HOA
- No HOA
- School district
- 696 - Ely
- High school district
- Ely
Financial & listing details
- Annual tax
- $520 (2026)
- Listed
- May 20, 2025
- Days on market
- 494
- Inclusions
- Other
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
TBD Waters Island, Ely, MN, 55731
Comparable homes
Est. $16,350 credit1 Bedroom1 Bathroom
3297 NW Burntside Lake
$645,000Ely, MN
Est. $44,550 credit4 Bedrooms4 Bathrooms
X Waters Island
$1,585,000Ely, MN
Est. $41,700 credit3 Bedrooms1 Bathroom
2763 Van Vac Rd
$1,490,000Ely, MN
Est. $70,500 credit6 Bedrooms4 Bathrooms
2928 Waters Island and Dock Van Vac Road
$2,450,000Ely, MN
Est. $56,565 credit3 Bedrooms3 Bathrooms
2713 Burntside Lake NE
$1,985,500Ely, MN
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
