Own a private piece of paradise w/ over 10 acres on Waters Island with a staggering 2,000 feet of pristine shoreline on beautiful Burnside Lake and a rare offering of a separate 2+ acre mainland parcel with 210 feet of shoreline on Van Vac Road for convenient access and extra privacy provided by the massive, tow Pines. Originally a Trapper’s Cabin it's full of character and charm. Wrapped in rustic rough cedar siding, it sits perfectly on the island with breathtaking sunrise views greeting you each day. Cozy window seats line the living room, inviting you to soak in sweeping lake vistas. Upstairs, the loft features built-in beds tucked into the eaves and two more bedrooms, sauna round out the main level. Open floor plan hosts the living room, dining and kitchen all overlooking Burntside. Spend time on the island’s wooded trails and picking fresh wild blueberries. Modern conveniences are already in place: power, internet, septic system, and a drilled well. Handy shed stores all your lakeside necessities. True legacy property that is being offered for the first time. Whether you're seeking a peaceful family retreat, a hunting and fishing basecamp, or a private island getaway, look no further. It's time to start living your dream today.
Active
$1,490,000
2889 Waters Is, Ely, MN 55731
3beds
1,122sqft
Single Family
Built in 1978
12.2 Acres Lot
$-- Zestimate®
$1,328/sqft
$-- HOA
What's special
Breathtaking sunrise viewsRustic rough cedar sidingSweeping lake vistasTwo more bedrooms
- 6 days |
- 320 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Andrea Zupancich 218-749-0159,
Z'Up North Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7105212
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 100.8 Square Feet
- Dimensions: 12 x 8.4
Bedroom 2
- Level: Main
- Area: 106.72 Square Feet
- Dimensions: 11.6 x 9.2
Bathroom
- Level: Main
- Area: 81.2 Square Feet
- Dimensions: 11.6 x 7
Kitchen
- Level: Main
- Area: 100.8 Square Feet
- Dimensions: 14 x 7.2
Living room
- Level: Main
- Area: 248.04 Square Feet
- Dimensions: 11.7 x 21.2
Loft
- Level: Upper
- Area: 138 Square Feet
- Dimensions: 6 x 23
Sauna
- Level: Main
- Area: 31.8 Square Feet
- Dimensions: 6 x 5.3
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,122
- Total interior livable area: 1,122 sqft
- Finished area above ground: 1,122
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 2265
Lot
- Size: 12.2 Acres
- Dimensions: 1832 x 448 x 847 x 614
Details
- Foundation area: 1122
- Additional parcels included: 465004003239,465004003235,465004003394,465004003504
- Parcel number: 465004003392
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: 100 Amp Service, Power Company: Lake Country Power
- Gas: Electric
- Sewer: Private Sewer
- Water: Drilled
Community & HOA
Community
- Subdivision: Morse Town Of
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $1,328/sqft
- Annual tax amount: $13,030
- Date on market: 7/7/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,156/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $1,490,000$1,328/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7105212 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: PK-5Distance: 6.2 mi
- 7/10Memorial Middle SchoolGrades: 6-8Distance: 6.2 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 6.2 mi
- $1,313,5002 bd0 ba847 sqft2922 Waters Is, Ely, MN 55731Off Market
- $945,0005.3 AcresTbd Waters Is, Ely, MN 55731Lot/Land
- $578,1003 bd1 ba1k sqft2852 Serenity Is, Ely, MN 55731Off Market
- $1,005,4002 bd1 ba1.7k sqft2885 Moroni Point Rd, Ely, MN 55731Off Market
- $460,5002 bd1 ba832 sqft2881 Moroni Point Rd, Ely, MN 55731Off Market
- $1,585,0006 bd4 ba2.1k sqftX Waters Is, Ely, MN 55731For Sale
- $437,700-- bd-- ba-- sqft2877 Moroni Point Rd, Ely, MN 55731Off Market
- $644,4002 bd1 ba896 sqft2882 Moroni Point Rd, Ely, MN 55731Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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