5248 Ely Island S, Tower, MN 55790 (MLS# 7022728)

5248 Ely Island S, Tower, MN 55790

$195,000
Property Type: Land Lot Size (sq. ft.): 226,076 Status: Active
Current Price: $195,000 List Date: 2/17/2026 Last Modified: 8/06/2026

Overview

Description

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.

Listing Details MLS# 7022728

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Road Btwn WF & Home?
No
Waterfront Frontage
495
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Shoreline, Residential-Single Family
Lot Dimensions
820x447
Acres
5.19
Lake/Waterfront Name
Vermilion
Power Company
Lake Country Power
Assessment Pending
Yes

Property Features

Available Utilities: Electricity Available; Electricity Connected Development Status: Raw Land Improvements: Other Lake Details: Undeveloped Land Inclusions: Dock Lock Box Type: None Outbuildings: Other Property SubType: Lake Property Road Frontage: None Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Surface Water: Lake Topography: Wooded; High Ground Waterfront Type: Lake Front Waterfront View: Lake; South

Contract Information

Contingency
None
Original List Price
195000
ListPrice
195000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5248
Street Name
Ely
Street Suffix
Island
Street Direction Suffix
S
Postal City
Tower
County
St. Louis
State
MN
Zip Code
55790

Assessments

Assessment Balance
25
Assessment Installment
35
Tax With Assessments
1344

Builder Information

Builder Restrictions
Open

More Information

Lake Details

Lake Acres
39272
Lake Depth
76

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
15
Section#
15
Township#
62
IDX
Listing Office: Vermilion Land Office, Inc.
Last Updated: August - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.