Skip main navigation
For sale
  • $370,000

    1583 Jewel Ridge Rd, Ely, MN 55731

    2beds
    728sqft
    : 
    $2,578/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    10 Acres Lot
    $349,500 Zestimate®
    $508/sqft
    $-- HOA

    What's special

    Filled with natural light
    From the moment you arrive, this beautifully maintained 10-acre property captures the essence of Northwoods living. This unique property is peaceful, private, and immersed in nature, yet just 12 minutes from downtown Ely. A diverse forest of red and white pine, maple, oak, spruce, and birch surrounds the home, with granite outcroppings and rugged ridges adding character to the landscape. The year-round 2-bedroom one level home blends cabin-in-the-woods charm with modern comfort. Filled with natural light, the open-flow living space feels warm and inviting, offering an ideal place to relax after a day of paddling, hiking, or exploring the surrounding wilderness. A wood-burning fireplace adds classic Northwoods character, while backup electric heat provides added comfort and peace of mind. The kitchen features generous counter space and connects easily with the main living areas. Front and back decks create inviting outdoor spaces for morning coffee, afternoon shade, and quiet evenings under the stars. Raised garden beds, established raspberries, and a 10x12 storage shed add both function and charm to the grounds. A separate detached outbuilding has been beautifully finished as a premium guest studio or private artist retreat providing an additional 430 sq. ft. of living space. Perfect for visiting friends and family, a home office, creative space, or personal getaway, this unique addition offers exceptional versatility. Close to town while still feeling completely private and wild, this property is an ideal basecamp for hikers, paddlers, nature lovers, and anyone seeking a quieter connection to the Northwoods. With wilderness lakes nearby and endless opportunities for outdoor adventure, this special property offers a rare combination of privacy, comfort, and flexibility. Your gateway to Northwoods adventure awaits.
    29 days
    1,944
    101

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kate Davies 218-343-9173,

    Bear Island Realty LLC,

    Anna Yahnke 218-235-3547,

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6127341MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 108 Square Feet
      • Dimensions: 12 x 9
      Bedroom
      • Level: Lower
      • Area: 99 Square Feet
      • Dimensions: 11 x 9
      Kitchen
      • Level: Main
      • Area: 162 Square Feet
      • Dimensions: 18 x 9
      Living room
      • Level: Main
      • Area: 221 Square Feet
      • Dimensions: 13 x 17
      Other
      • Description: Garage converted into a studio.
      • Level: Main
      • Area: 432 Square Feet
      • Dimensions: 18 x 24
      Heating
      • Fireplace(s), Wood, Electric
      Appliances
      • Included: Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Natural Woodwork
      • Flooring: Hardwood Floors
      • Windows: Energy Windows
      • Basement: N/A
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total interior livable area: 728 sqft
      • Finished area above ground: 728
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel, None
      Features
      • Has view: Yes
      • View description: Panoramic
      Lot
      • Size: 10 Acres
      • Dimensions: 340 x 1250
      • Features: Tree Coverage - Heavy, High, Rolling Slope
      Details
      • Additional structures: Storage Shed, Studio
      • Foundation area: 728
      • Parcel number: 465002002020
      • Zoning description: Residential
      • Wooded area: 435600

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Wood, Frame/Wood
      • Roof: Asphalt Shingle
      Condition
      • Previously Owned
      • Year built: 2004

      Utilities & green energy

      • Electric: Lake Country Power
      • Sewer: Mound Septic
      • Water: Drilled
      • Utilities for property: DSL, Satellite

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $508/sqft
      • Tax assessed value: $200,800
      • Annual tax amount: $1,147
      • Date on market: 8/13/2026
      • Cumulative days on market: 32 days
      • Listing terms: Conventional

        Estimated market value

        $349,500

        $332,000 - $367,000

        $1,432/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$370,000+131.4%$508/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6127341 Report a problem
        12/6/2004Sold$159,900+300.8%$220/sqft
        Source: Public Record Report a problem
        7/25/2003Sold$39,900-13.1%$55/sqft
        Source: Public Record Report a problem
        3/26/2003Sold$45,900+31.1%$63/sqft
        Source: Public Record Report a problem
        10/18/2001Sold$35,000$48/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,300 +7.3%$200,800 +11.7%
        2023$1,212 -23.9%$179,700 +13.2%
        2022$1,592 +7.4%$158,700 +15.8%
        2021$1,482 $137,000 +3.9%
        2020$1,482 $131,900
        2019$1,482 +3.3%$131,900 +1.5%
        2018$1,434 -0.4%$129,900
        2017$1,440 +0.4%$129,900 +7.8%
        2016$1,434 +7.3%$120,500
        2015$1,336 +3.2%$120,500
        2014$1,294 -6.6%$120,500 -4.4%
        2013$1,385 +1.3%$126,000 -3.8%
        2012$1,367 +8.6%$131,000 -1.5%
        2011$1,258 +1.3%$133,000 -5.3%
        2010$1,242 $140,400
        2009$1,242 +15%$140,400 +20.6%
        2008$1,080 +6%$116,400 +15%
        2007$1,018 +72.8%$101,200 +69.5%
        2006$590 $59,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55731

        Getting around

        0 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts