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Burntside Lake 5-Acre Island Parcel

Waters Island Ely, MN 55731

Waters Island, Ely, MN, 55731
$945,000
For Sale
$945,000

LAND - Ely, MN

Lot Size5.30 Acres
Days on Market425

Property Features for Waters Island

General Information

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

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
520

Utilities

Utilities
Electricity Available
Water front features
Lake
Water front
1
Listing Agency Janisch Realty, Inc
609 N 3rd St P O BOX 517, Tower, MN
Listed by Lisa Janisch · License #40298563
Added: May 20, 2025 Checked: Jul 18 at 6:06 am
MLS# 6726369 Listing URL

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

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 Waters Island 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.
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