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Active NEW!
$289,000
/mo Edit
Single Family:  1.5 Stories
2 br • Built 1984
648 sqft • 1 acres
MLS# 7024213
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    Property Description

    Escape to island living on Ely Island located on the legendary Lake Vermilion-one of Minnesota's most sought-after lakes. This adorable 2-bedrm cabin captures the true Up North experience with vaulted ceilings, warm knotty pine walls, and breathtaking island-studded views in every direction. Enjoy the privacy and serenity of boat-access cabin living with a quick, convenient commute from Stuntz Bay Public Boat Launch. Spend your days casting a line for world-class walleye and muskie, cruising the shoreline, or boating to lakeside restaurants and the charming harbor in the quaint town of Tower. Whether you are fishing at sunrise, exploring hidden bays, or simply relaxing on the deck taking in panoramic water views, this is an outdoor enthusiast's dream. An affordable opportunity to own on the one and only Lake Vermilion in Northern Minnesota. Start making memories today!

    Listing

    Contingency: None
    Price per sq ft: $446
    City: Tower
    County: St. Louis
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55790

    Interior

    Living Area: 648 ft2
    Common Wall: No
    Appliances Included:
    • Microwave
    • Range
    • Refrigerator
    Basement Details: Crawl Space

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Air Conditioning: None
    Foundation Size: 528 ft2
    Foundation Dimensions: 22x24
    Handicap Accessible: None
    Out Buildings: Storage Shed
    Heating System: Baseboard
    Parking Features: None
    Road Frontage: None
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: None
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Other
    Dining/Kitchen: Living/Dining Room
    Upper Level Size Sq Ft
    Bedroom 2  23 x 9  207 
    Main Level Size Sq Ft
    Living Room  23 x 11  253 
    Bedroom  10.9 x 10  100 
    Kitchen  13.9 x 11  143 

    Lake & Waterfront

    Waterfront View: Lake
    WF Frontage: 135
    Waterfront: Lake Front
    Lake Bottom:
    • Gravel
    • Undeveloped

    Lot & Land

    Acres: 1
    Geolocation: 47.8492217999, -92.2531411577
    Lot Dimensions: 423 x 135
    Zoning:
    • Residential-Single Family
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Medium

    Schools

    School District: 1046
    District Phone: 2187498130

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,505
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $1,530
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fire Number: 5372
    Fuel System: Electric
    Sewer System: Outhouse
    Water System: Private
    Power Company Name: Lake Country Power

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Vermilion Land Office, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.