Lovely 3 bedroom, 2 bath country home located just 2 miles south of Ely on a quiet, private road off of Highway 1. Home has a total of over 3000 sq. ft, was built in 2008, and has aprox 10.5 acres of wooded privacy. The home features a very convenient attached 2 stall garage, maintenance free siding, and very efficient triple pane windows! The main floor has a large kitchen with breakfast bar, a nice pantry, and opens right into the dining room with windows on 3 sides to fully enjoy the peaceful wooded views, the living room with propane fireplace, large main bedroom with huge walk in closet, a second bedroom, 3/4 bath, and a combo laundry and entry room that leads to the attached garage. Downstairs is the huge 3rd bedroom, which could also be a great rec/family room, a full bath, utility room, storage room, and a huge dream workshop..that could be converted to another use if desired. Home has in-floor hot water heating on the lower level, and off peak electric/propane hot water heat on the main floor. Also, a nice half circle driveway, a fully enclosed front porch, steel roof, and a storage building. All of this on a private 10.45 acre parcel just a few minutes from Ely!
For sale
$449,000
1493 Inspiration Rd, Ely, MN 55731
3beds
2,085sqft
Single Family Residence
Built in 2008
10.45 Acres Lot
$436,000 Zestimate®
$215/sqft
$-- HOA
What's special
Maintenance free sidingStorage buildingFully enclosed front porchHuge dream workshopStorage roomSteel roofNice half circle driveway
- 29 days |
- 749 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Hway 218-349-0906,
Bear Island Realty LLC,
Zachary Hway 651-341-0383,
Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6125087
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Enclosed Porch, Family/Rec
Primary bedroom
- Description: room has an extra large walk-in closet.
- Level: Main
- Area: 279.5 Square Feet
- Dimensions: 13 x 21.5
Bedroom
- Level: Main
- Area: 148.5 Square Feet
- Dimensions: 9 x 16.5
Bedroom
- Description: could also be a family or rec room.
- Level: Lower
- Area: 147 Square Feet
- Dimensions: 7 x 21
Bathroom
- Description: Full Bath
- Level: Lower
- Area: 72.25 Square Feet
- Dimensions: 8.5 x 8.5
Bathroom
- Description: 3/4 bath with shower
- Level: Main
- Area: 72 Square Feet
- Dimensions: 8 x 9
Dining room
- Description: Windows on 3 sides offering fantastic views
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Kitchen
- Description: With a separate pantry room.
- Level: Main
- Area: 279.5 Square Feet
- Dimensions: 13 x 21.5
Laundry
- Description: In room that connects the home to the attached garage
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9 x 11
Living room
- Level: Main
- Area: 279.5 Square Feet
- Dimensions: 13 x 21.5
Storage
- Level: Lower
- Area: 63.75 Square Feet
- Dimensions: 7.5 x 8.5
Utility room
- Level: Lower
- Area: 68 Square Feet
- Dimensions: 8 x 8.5
Workshop
- Description: extra large workshop with utility sink
- Level: Lower
- Area: 546 Square Feet
- Dimensions: 21 x 26
Heating
- Boiler, Dual Fuel/Off Peak, In Floor Heat, Propane, Electric
Cooling
- None
Appliances
- Included: Water Heater-Electric, Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
Features
- Ceiling Fan(s), Eat In Kitchen, Walk-In Closet(s)
- Windows: Triple Glazed
- Basement: Full,Egress Windows,Partially Finished,Walkout,Bath,Bedrooms,Utility Room
- Has fireplace: No
Interior area
- Total interior livable area: 2,085 sqft
- Finished area above ground: 1,655
- Finished area below ground: 430
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Attached, Electrical Service, Slab
- Attached garage spaces: 2
Features
- Has view: Yes
- View description: Panoramic
Lot
- Size: 10.45 Acres
- Dimensions: 700 x 650
- Features: Tree Coverage - Medium, Rolling Slope
Details
- Additional structures: Other
- Foundation area: 1400
- Parcel number: 465001001622
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl, Frame/Wood
- Foundation: Concrete Perimeter, Insulated Form
Condition
- Previously Owned
- Year built: 2008
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Private Sewer, Mound Septic
- Water: Drilled
- Utilities for property: DSL
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $371,900
- Annual tax amount: $2,921
- Date on market: 5/8/2026
- Cumulative days on market: 31 days
- Listing terms: Cash,Conventional
Estimated market value
$436,000
$414,000 - $458,000
$2,506/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $449,000$215/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6125087 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,908 +6.1% | $371,900 +9.7% |
| 2023 | $2,740 +6.9% | $339,100 +14.1% |
| 2022 | $2,564 +6.8% | $297,100 +15.4% |
| 2021 | $2,400 | $257,400 +4.9% |
| 2020 | $2,400 | $245,400 |
| 2019 | $2,400 +6.2% | $245,400 +1.8% |
| 2018 | $2,260 -0.9% | $241,000 |
| 2017 | $2,280 +0.9% | $241,000 +9.1% |
| 2016 | $2,260 +10.7% | $220,800 +8.6% |
| 2015 | $2,042 +2.1% | $203,400 +1.8% |
| 2014 | $2,000 -10.8% | $199,900 -9.3% |
| 2013 | $2,243 +2.9% | $220,300 +7.5% |
| 2012 | $2,180 +10.4% | $204,900 |
| 2011 | $1,975 +7.3% | $204,900 |
| 2010 | $1,841 | $204,900 |
| 2009 | $1,841 +446.5% | $204,900 +428.1% |
| 2008 | $337 +8.1% | $38,800 +26.4% |
| 2007 | $312 +55.5% | $30,700 +46.2% |
| 2006 | $200 | $21,000 |
Find assessor info on the county website
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 6/10Memorial Middle SchoolGrades: 6-8Distance: 2.2 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Saint Louis County
- Ely
- 55731
- 1493 Inspiration Rd
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