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Land for Sale in Ely, Minnesota

Waters Is, Ely, MN 55731

$945,000
5.3 acres
Active
Est $7,277/mo

"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.

Location

Street address
Waters Is
Community
Rural N of Hwy 169 - 135
School district
St.louis County
Elevation
1,385 feet
Coordinates
47.9254, -91.9931

Property details

Acreage
5.3 acres
MLS #
RAOR 148382
Posted

Details and features

Listing

Type
Land

Lot

Waterfront
Waterfront

Listing history

DateEventPriceChangeSource
May 21, 2025New listing$945,000RAOR
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This 5.3-acre property is located at Waters Is in Ely, MN 55731. The property is available for sale for $945,000 with a price per acre of $178,302.

Checked 55 mins ago — Updated

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