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    Tbd Waters Is Ely, MN 55731

    For Sale
    $945,000

    Lots & Land - Ely, MN

    Lot size:
    5.30 Acres
    Days on Market:
    198
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for Tbd Waters Is

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Lot
    APN
    465004003238
    Lot size
    5.30 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Janisch Realty (218) 780-6644 [email protected]

    Listing agent Lisa Janisch (218) 780-6644

    Listing date May 22, 2025

    MLS# 6726369 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burntside Lake 5-Acre Island Parcel

    This 5.3-acre parcel is located on the sunny South Shore of Waters Island, the largest and most central island on Burntside Lake. The property offers south and west-facing exposure with views across the central part of the lake to the Boundary Waters Wilderness. A secluded bay to the east is suitable for swimming and provides shelter for boats. Several level building sites are accessible among Norway pines, along with a granite bluff offering panoramic views. The property includes mainland dock access a half mile away, with a spacious parking area and a short, level driveway to Eastern Van Vac Road. It is located seven miles from Ely, with its cafes and galleries, and 40 minutes from the Hibbing Airport. This property is intended for recreational use and offers an opportunity to own property on Burntside Lake.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Map

    City
    Ely
    County
    St. Louis
    State
    Minnesota
    Longitude
    -91.991289
    Latitude
    47.925768

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    FAQs

    What type of property is this?
    Land - Spectacular Burntside Lake property with south and west facing exposure.
    Where is this land located?
    The property is located at Tbd Waters Is Ely, MN.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: - 5-acre parcel on Waters Island, Burntside Lake: Offers a large, private property on a central island of a highly desirable lake.; - South and west facing exposure with breathtaking views of the lake and Boundary Waters Wilderness.; - Private bay for swimming and boating: Includes a secluded bay ideal for recreational water activities.
    (218) 780-6644
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    Tbd Waters Is Ely, MN 55731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tbd Waters Is Ely, MN 55731
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