Imagine owning your own private piece of paradise with over 10 acres on Waters Island with a staggering 2,000 feet of pristine shoreline on beautiful Burntside 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, towering Pines. Between the Island, and Inland lot, you have two additional building sites AND a Cabin if you wanted to separate the parcels. Wrapped in rustic rough cedar siding, it sits perfectly on the island with breathtaking sunrise views greeting you each day, sitting where an original trappers shack was located. You have 3 docks and 2 additional buildable lots. The 3rd dock in on the 4-acre western parcel on the island and features two benches hand made from fallen trees, one overlooks the west view, and one overlooks the east view. In the cabin, you have cozy window seats line the living room, inviting you to soak in the vast lake views. Upstairs, the loft features beds tucked into the eaves for max space, with two more bedrooms on the main floor. Open floor plan hosts the living room, dining and kitchen all overlooking Burntside. And don't forget the Sauna! Spend your days exploring the island’s wooded trails and picking fresh wild blueberries. Modern conveniences are already in place: power, internet, septic system... 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 dreams 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 viewsVast lake viewsRustic rough cedar siding
- 68 days
- 245
- 4
Likely to sell faster than
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
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
$1,836/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $1,490,000$1,328/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





