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.
Lot/land
$195,000
5248 S Ely Island, Tower, MN 55790
--beds
--baths
5.19Acres
Unimproved Land
Built in ----
5.19 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Scenic vistasGood elevationBeautiful water viewsOffering excellent sun exposure
- 138 days |
- 421 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Barb Hegg 218-742-2369,
Vermilion Land Office, Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6123691
Facts & features
Interior
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: Inland Lake, Bay
- Has water view: Yes
- Water view: Lake,Bay
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Undeveloped, Shore-Accessible)
- Body of water: Vermilion
- Frontage length: 495
Lot
- Size: 5.19 Acres
- Dimensions: 820 x 447
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Additional structures: Other
- Parcel number: 270002001360
Utilities & green energy
- Electric: Lake Country Power
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Tower
Financial & listing details
- Tax assessed value: $86,000
- Annual tax amount: $1,309
- Date on market: 2/17/2026
- Cumulative days on market: 140 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Listed for sale | $195,000 |
Source: Range AOR #149520 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $894 -4.5% | $86,000 +19.3% |
| 2023 | $936 +1.5% | $72,100 |
| 2022 | $922 +56.8% | $72,100 +16.5% |
| 2021 | $588 | $61,900 +29.8% |
| 2020 | $588 | $47,700 |
| 2019 | $588 +8.5% | $47,700 +6% |
| 2018 | $542 -5.2% | $45,000 |
| 2017 | $572 +5.5% | $45,000 |
| 2016 | $542 -2.9% | $45,000 -25.1% |
| 2015 | $558 -1.1% | $60,100 |
| 2014 | $564 -65.3% | $60,100 -53.9% |
| 2008 | $1,623 +12.1% | $130,300 +21.2% |
| 2007 | $1,448 +32.7% | $107,500 +25.4% |
| 2006 | $1,091 +44.1% | $85,700 +88.8% |
| 2004 | $757 +11.3% | $45,400 +19.5% |
| 2003 | $680 +12.4% | $38,000 +21% |
| 2002 | $605 +13.4% | $31,400 +8.7% |
| 2001 | $534 +3.1% | $28,900 +8.6% |
| 2000 | $518 | $26,600 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55790
Nearby schools
GreatSchools rating
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 3.5 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 16.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Saint Louis County
- Ely
- 55790
- 5248 S Ely Island
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