LKV Realty
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$945,000
$5,000Reward *
TBD Waters Island, Ely, MN 55731Listing ID 6726369

TBD Waters Island, Ely, MN 55731

Active
Morse Town Of
Time on site: 452 daysLast updated: Jun 28, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Days on Site
Days on Site
50

Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the central part of the lake to the Boundary Waters Wilderness. To the east, enjoy its secluded bay, great for swimming, and sheltered for boats.There are several easily accessible choices for level building sites tucked among majestic Norway pines, as well as a towering granite bluff with unparalleled panoramic views. Includes are for mainland dock a half mile away with a spacious parking area and a short, level driveway to the Eastern Van Vac Road. Seven scenic, paved miles to the charming town of Ely, with its cafes, galleries and frontier spirit. 40 minutes to the Hibbing Airport.

Property Information

Property Details

Location

Address
TBD Waters Island
County
St. Louis
City
Ely
Zip Code
55731
Subdivision
Morse Town Of
School District
Ely

Property Taxes

Tax Annual Amount
$520
Tax Year
2026
Janisch Realty, Inc, (218) 780-6644

Market Report for 55731

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 08:33 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

NST502511080