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Land with Home for Sale in Ely, Minnesota

Waters Is, Ely, MN 55731

$1,585,000
15.6 acres
Active sale
Est $9,464/mo

There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island studded views across the vast, main body of the lake to the legendary Boundary Waters Wilderness, world famous for canoe trips. Catch giant lake trout in the 120' clear, spring fed depths in front of your dock, and sauna and swim under the shimmer of the Northern Lights. Bald eagles and deer abound. Loons call in the still twilight, and the stars are bright and close. Waters Island is the largest, most central island on Burntside and Aurora's neighboring forest is held in a Land Trust. It's the ultimate in seclusion and privacy, yet easily accessible via a nearby dock (included). There is a flat, spacious parking area with a level, hundred yard driveway to the Eastern Van Vac Road. Just seven paved miles to the charming frontier town of Ely with its cafes, restaurants, canoe outfitters and shopping. 40 minutes to the Hibbing Airport. Something like this will never come up for sale on Burntside again. Invest in a legacy property and a rare sanctuary in these turbulent times. Visit soon!

2,146
Sq feet
4
Beds
2
Full baths
1
3/4 bath
1
1/2 bath
1997
Built

Location

Street address
Waters Is
Zip code
55731
Community
Morse Town of
School district
Ely
Elevation
1,414 feet
Coordinates
47.9265, -91.9922

Directions

By boat, NW from Van Vac Public Landing, Mainland lot property is road accessible.

Property details

Acreage
15.6 acres
Zoning
Residential-Single Family
MLS #
RMLS 6726363
Posted

Property taxes

2026
$9,252

Parcels

  • 465004003236

Details and features

Listing

Type
Residential

Lot

Waterfront
Lake
Features
Irregular Lot, Tree Coverage-Heavy

Exterior

Pool
Deck
Structures
Gazebo

Structure

Sewer
Private Sewer
Heating
Fireplace(s)
Materials
Frame
Roof
Shingle

Interior

Rooms
Bathroom x 4, Bedroom x 4
Fireplaces
Yes
Appliances
Dishwasher, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Water Heater-Electric
Features
Main Floor Bedroom, Main Floor Primary

Listing history

DateEventPriceChangeSource
May 21, 2025New listing$1,585,000—RAOR
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This 15.6-acre property is located at Waters Is in Ely, MN 55731. The property is available for sale, priced at $1,585,000. It has a 2,146 square foot 4-bedroom, 3.5-bath house built in 1997.

Listed by Janisch Realty, (218) 780-6644

Checked 1 hour agoUpdated Source

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