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$175,000
/mo Edit
Lot/Land:  Lot/Land
3.1 acres
Ely schools
MLS# 5738683
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    Property Description

    Waters Island, Burntside Lake! Incredible Island Setting For The Lake Home Or Cabin Of Your Dreams! One of the best views on Burntside overlooking the lake & forest below! Featuring 3.1 acres & 225 ft lakeshore in a park like forest of towering pines & rock outcroppings with spectacular island-studded 2 mile blue water & sunshine vistas NE, E & SE. Relax in front of your future fireplace & enjoy this elevated commanding view of the orange moon rising out of the water, w/its track of moonlight coming right to you. Level shoreline in cove may be ideal for dock, boatlift, boathouse. This gorgeous parcel has been surveyed, approved for septic & electricity is on site. Burntside is a 126 ft deep, exceptionally clear lake of 7314 acres & over 100 islands w/trout, walleye & northerns. It's pristine waters are the source of Ely's drinking water. See attached Covenants & survey showing construction & utility easements. It is very rare to find a building lot w/superb views, great waterfront.

    Listing

    Contingency: None
    City: Ely
    County: St. Louis
    State: MN
    Property Style: Lot/Land
    Zip Code: 55731
    Subdivision Name: Makwa Add

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Burntside
    Waterfront View: East, Lake, Panoramic, South
    DNR Lake ID#: 69011800
    WF Frontage: 225
    Lake Chain Name: N
    Lake Acres: 7313
    Lake Depth: 126
    Waterfront: Lake Front

    Lot & Land

    Acres: 3.1
    Geolocation: 47.92621551, -91.98879829
    Inclusions: Survey
    Lot Dimensions: 225 x 739 x 188 x 609
    Restrictions: Other Covenants
    Zoning: Residential-Single Family
    Lot Description:
    • Irregular Lot
    • Tree Coverage - Heavy

    Farm

    Topography: Rolling

    Schools

    School District: 696
    District Phone: 218-365-6166

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $880
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $880
    Association Fee Required: No
    Association Fee: None
    Land Lease Amount: 0

    Miscellaneous

    Development Status: Raw Land
    Improvements: None
    Available Utilities:
    • Electricity Available
    • None Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Janisch Realty, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.