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Listings courtesy of Z'Up North Realty, Inc. as distributed by MLS GRID.

Active - House for sale

Ely, MN

3 bds|1 bth|1,122 sqft

Facts & features

House Property type
57 days on Beycome
1978 Year built
$1,328 Price/Sqft.

Why you’ll love it

  • Open floor plan

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.

Translating description...

Listed by: Z'Up North Realty, Inc.

Co-listed by: Z'Up North Realty, Inc.

Source: Northstar MLS as distributed by MLS GRID, MLS#: 7105212 Northstar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 01:00am EDT.

Come see by yourself

Affordability

$970,000$2,010,000
1%20%
0%90%
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Estimated monthly payment

$8,620/mo

  • Mortgage$7,534
  • Property tax$1,086
  • HOA fee
  • Homeowners insurance
Due at closing$1,184,550
Down payment held in escrow$298,000
Closing costs$22,350
beycome credit Est.$29,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Morse Town Of

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Flood & climate risk

FEMA Flood Zone A

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. 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.

$1,490,000 Listed price

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$29,800 Credit back

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