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For sale
  • $2,450,000

    2928 Waters Is, Ely, MN 55731

    6beds
    2,146sqft
    : 
    Single Family Residence
    Built in 1997
    20.9 Acres Lot
    $1,462,600 Zestimate®
    $1,142/sqft
    $-- HOA

    What's special

    Sunny southern facing shorelineHigh granite bluffsShimmering island studded viewsTowering norway pines
    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!
    412 days
    on Zillow
    |
    531
    |
    25
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    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 01:44pm

    Listed by:

    Lisa Janisch 218-780-6644,

    Janisch Realty Inc.

    Source: Lake Superior Area Realtors,MLS#: 6114501MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2928 Waters Is.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 192
    • Dimensions: 16 x 12
    Bedroom 1
    • Level: Main
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Main
    Primary bathroom
    • Features: Full Master, Private Master
    Dining room
    • Level: Main
    • Area: 80
    • Dimensions: 10 x 8
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 84
    • Dimensions: 12 x 7
    Living room
    • Level: Main
    • Area: 575
    • Dimensions: 25 x 23
    Heating
    • Baseboard, Wood, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer, Electric Water Heater
    Features
    • Ceiling Fan(s), Natural Woodwork, Living Room, Dining Room, Kitchen, Bedroom, Family Room, Eat-In Kitchen, Informal Dining Room
    • Flooring: Hardwood, Tile
    • Basement: N/A,Rock,Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,146
    • Total interior livable area: 2,146 sqft
    • Finished area above ground: 2,146
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, No Garage
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Dock, Rain Gutters
    • Has view: Yes
    • View description: Inland Lake, Panoramic
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky)
    • Body of water: Burntside
    • Frontage length: 2140
    Lot
    • Size: 20.9 Acres
    • Dimensions: 1420x1070
    • Features: Irregular Lot
    • Residential vegetation: Heavily Wooded
    Details
    • Additional structures: Gazebo, Sauna, Storage, Bunkhouse
    • Parcel number: 465004003236, 03238

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame/Wood, Wood Siding
    • Roof: Asphalt
    Condition
    • Previously Owned
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $1,142/sqft
    • Tax assessed value: $977,300
    • Annual tax amount: $9,972
    • Price range: $2.5M - $2.5M
    • Date on market: 6/25/2024
    • Listing terms: Cash,Conventional
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