2889 Waters Ely, MN 55731

$1,490,000
Active
estimated monthly payment
3 Beds  |  1 Baths  |  1,122 Sq Ft  |  Single Family  |  MLS # 7105212
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About The Listing

Own a private piece of paradise w/ over 10 acres on Waters Island with a staggering 2,000 feet of pristine shoreline on beautiful Burnside Lake and a rare offering of a separate 2+ acre mainland parcel with 210 feet of shoreline on Van Vac Road for convenient access and extra privacy provided by the massive, tow Pines. Originally a Trapper’s Cabin it's full of character and charm. Wrapped in rustic rough cedar siding, it sits perfectly on the island with breathtaking sunrise views greeting you each day. Cozy window seats line the living room, inviting you to soak in sweeping lake vistas. Upstairs, the loft features built-in beds tucked into the eaves and two more bedrooms, sauna round out the main level. Open floor plan hosts the living room, dining and kitchen all overlooking Burntside. Spend time on the island’s wooded trails and picking fresh wild blueberries. Modern conveniences are already in place: power, internet, septic system, and a drilled well. Handy shed stores all your lakeside necessities. True legacy property that is being offered for the first time. Whether you're seeking a peaceful family retreat, a hunting and fishing basecamp, or a private island getaway, look no further. It's time to start living your dream today.


Listing courtesy of Andrea Zupancich, Z'Up North Realty, Inc.
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1978
MLS #: 7105212
Bedrooms: 3
Square Feet: 1,122
Bathrooms (Full): 1
Price Per Square Foot: $1,328
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 0
Garage Spaces: 0
Parking Description: None
Sewer Description: Private Sewer
Air Conditioning Type: None
Water: Drilled
Heat Type: Baseboard
Basement: None
Foundation Type: Slab
Construction Description: Frame
Roof Description: Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 07/07/2026
List Date: 07/07/2026
Listing Agent ID: 502500259
Listing Office: Z'Up North Realty, Inc.
Listing Office ID: 25782
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Range, Refrigerator
Number of Fireplaces: 0
Exterior Features: Wood
Lot Dimensions: 1832x448x847x614
Lot Size: 12.2 Acres
Waterfront: Lake Front
School District: Ely
Tax Year: 2026
Estimated Taxes: $13,030
Contingency Type: None
City: Ely
Zip: 55731
County: St. Louis
Subdivision: Morse Town Of
State: MN
Listing last updated: 07/07/26

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