$2,450,000

2928 Waters Island, Ely, MN 55731

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$2,450,000

2928 Waters Island Ely, MN 55731 - Burntside Lake

For Sale MLS# 6114501

6 beds 4 baths 2,146 sq ft Single Family

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Data current as of 22/12/2025 13:39:12

Details for 2928 Waters Island

MLS# 6114501

Description for 2928 Waters Island, Ely, MN, 55731 - Burntside Lake


There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island studded views across the vast, main body of the lake to the legendary Boundary Waters Wilderness, world famous for canoe trips. Catch giant lake trout in the 120’ clear, spring fed depths in front of your dock, and sauna and swim under the shimmer of the Northern Lights. Bald eagles and deer abound. Loons call in the still twilight, and the stars are bright and close. Waters Island is the largest, most central island on Burntside and Aurora’s neighboring forest is held in a Land Trust. It’s the ultimate in seclusion and privacy, yet easily accessible via a nearby dock (included). There is a flat, spacious parking area with a level, hundred yard driveway to the Eastern Van Vac Road. Just seven paved miles to the charming frontier town of Ely with its cafes, restaurants, canoe outfitters and shopping. 40 minutes to the Hibbing Airport. Something like this will never come up for sale on Burntside again. Invest in a legacy property and a rare sanctuary in these turbulent times. Visit soon!

Listing Information


Property Type: Residential, SF/Detached

Status: Active

Bedrooms: 6

Bathrooms: 4

Lot Size: 20.90 Acres

Square Feet: 2,146 sq ft

Year Built: 1997

Stories: 1 Story

Construction: Frame/Wood

County: St. Louis

School Information


District: Ely #696

Room Information


Main Floor

Living Room: 25x23

Dining Room: 10x8

Kitchen: 12x7

Bedroom: 16x12

Bedroom: 12x12

Bedroom: 20' Yurt

Bedroom: 16' Yurt

Bedroom: 12' Yurt

Family Room: 24' Yurt

Bathrooms

Full Baths: 2

3/4 Baths: 1

1/2 Baths: 1

Additonal Room Information

Dining: Combine with Kitchen,Eat-In Kitchen,Informal Dining Room

Bath Description: Full Master,1/2 Main Floor,3/4 Main Floor,Private Master,Separate Tub & Shower

Interior Features


Square Footage above: 2,146 sq ft

Appliances: Washer, Range/Stove, Refrigerator, Microwave, Exhaust Fan/Hood, Dishwasher, Dryer

Basement: Crawl Space, Rock

Fireplaces: Wood Burning

Additional Interior Features: Natural Woodwork, Hardwood Floors, Tiled Floors, Ceiling Fans, Mechanicals - Water Heater-Electric

Utilities


Water: Private

Sewer: Private

Cooling: Central

Heating: Electric, Baseboard, Wood

Exterior / Lot Features


Parking Description: Garage Description - None

Exterior: Wood

Roof: Asphalt Shingles

Lot View: Inland Lake,Panoramic

Lot Dimensions: 1420x1070

Additional Exterior/Lot Features: Gutter/Downspout, Deck, Dock, Irregular Lot, Tree Coverage - Heavy

Out Buildings: Bunkhouse, Sauna, Storage Shed, Gazebo

Waterfront Details


Boat Facilities: Boat Facilities

Standard Water Body: Burntside Lake

DNR Lake ID: 69011800

Water Front Features: Inland Lake

Water Frontage Length: 2,140 Ft.

Driving Directions


By boat, NW from Van Vac Public Landing, Mainland property is road accessible.

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 465-0040-03236, 03238

Tax Amount: 9972

Tax Year: 2025

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 2928 Waters Island

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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