2928 Waters Island Waters Is & Van Vac Road
Ely, MN 55731
- 6 beds
- 4 baths
- 2,146 sqft
- ~26 acre lot
- $1,141 per sqft
- 1997 build
- – on site
Burntside Private Island Retreat With Mainland Lot! Gorgeous Sunrise To Sunset Vistas Of Treasured Burntside Lake. Waters Island Retreat features two parcels with a total of 20.9 acres of towering Norway pines & 1,897 ft southwest facing shoreline offering island studded views all the way across the main body of the lake, 5 cabins, 4 yurts, short boat ride across calm water to mainland lot. Mainland lot features 4.8 acres & 400 ft shoreline w/dock & swimming area in protected cove, just 7 paved miles south of Ely, & 1 paved mile past the public landing. Burntside is a 126 ft deep, exceptionally clear trout lake of 7314 acres & over 100 islands, stocked w/walleye & known for exceptional fishing & as the source of Ely’s drinking water. This is a rare property not often seen for sale on Burntside; a private island retreat with a mainland lot on the south shore of the main body of the lake!
Last checked:
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Last updated Apr 21, 2025
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MLS# 6114501 —
The Building
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Construction Type:Frame/Wood
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Roof:Asphalt Shingles
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Stories:1
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Exterior:Wood
Interior
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Amenities:Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors
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Dining:Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
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Fireplace:yes
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Fireplaces:1
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Fireplace Type:wood-burning
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Basement Style:Crawl Space
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Basement Features:N/A
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Basement Material:Rock
Financial & Terms
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Potential Short Sale:no
Location
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Latitude:47.927499
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Longitude:-91.994863
The Property
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Subtype:SF/Detached
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Lot Description:irregular lot, heavy tree coverage
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Amenities-Exterior:Deck, Dock, Gutter/Downspout
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View:Inland Lake, Panoramic
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25.7Acres:
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Road Between Waterfront and Home:no
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Waterfront Name:Burntside
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Waterfront:yes
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Outbuildings:Gazebo, Sauna, Storage Shed, Bunkhouse
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Classification:NonHomestead
Listing Agent
- Contact info:
- Agent phone:
- (218) 780-6644
Beds
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Main Floor Bedroom:1
Baths
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Bath Description:Full Master, 1/2 Main Floor, 3/4 Main Floor, Private Master, Separate Tub & Shower
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Main Floor Bath:Yes
The Listing
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Terms:Cash, Conventional
Heating & Cooling
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Heat:Baseboard, Wood, Electric
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Air Conditioning:Central
Utilities
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Sewer:Private
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Water:Private
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Mechanicals:Water Heater-Electric
Appliances
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Appliances:Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
Schools
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School District:Ely #696
The Community
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Waterfront Description:Inland Lake
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Waterfront Access:Private
Parking
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Garage Type:None
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Parking/Driveway:Driveway - Gravel
Extra Units
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Outbuilding Description:Ranch/Rambler
Monthly cost estimate

Asking price
$2,450,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$13,119
|
Taxes | $768 |
Insurance | $673 |
Utilities | $203 See report |
Total | $14,763/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/25/24
Jun 25, 2024
|
Listed / Active | DAAR | $2,450,000 |