2928 Waters Island Ely, MN 55731

$2,450,000
Active
estimated monthly payment
6 Beds  |  4 Baths  |  2,146 Sq Ft  |   |  MLS # 6114501
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About The Listing

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 courtesy of Lisa Janisch, Janisch Realty Inc.
Purchase Price
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Estimated Property Taxes
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Property Details

Features

 
 
 
Property Type: SF/Detached
Status: Active
Year Built: 1997
MLS #: 6114501
Bedrooms: 6
Square Feet: 2,146
Bathrooms (Full): 2
Price Per Square Foot: $1,142
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 0
Parking Description: None
Sewer Description: Private
Air Conditioning Type: Central
Water: Private
Heat Type: Baseboard,Wood,Electric
Basement: N/A
Construction Description: Frame/Wood
Roof Description: Asphalt Shingles
Days On Market (Continuous): 440
Latest Update: 09/06/2025
List Date: 06/22/2024
Listing Agent ID: 7890
Listing Office: Janisch Realty Inc.
Listing Office ID: 30486
Data Source: LSAR - Lake Superior Area REALTORS
Appliances: Dishwasher,Dryer,Exhaust Fan/Hood,Microwave,Range/Stove,Refrigerator,Washer
Fireplace Features: Wood Burning
Exterior Features: Deck,Dock,Gutter/Downspout
Lot Dimensions: 1420x1070
Lot Size: 20.9 Acres
Lot Features: Irregular Lot,Tree Coverage - Heavy
View Description: Inland Lake,Panoramic
Waterfront: Inland Lake
School District: Ely
Tax Year: 2025
Estimated Taxes: $9,972
City: Ely
Zip: 55731
Area: LSAR
County: St. Louis County
State: MN
Listing last updated: 09/06/25

The information published and disseminated by the service is communicated verbatim, without change by the service, as filed with the service by the participant. The service does not verify such information provided and disclaims any responsibility for its accuracy. Each participant agrees to hold the service harmless against any liability arising from any inaccuracy or inadequacy of the information such participant provides.