Sold for $740,000 on 11/08/24
$740,000
201 Sunset Rd, Ely, MN 55731
3beds
1,490sqft
Single Family Residence
Built in 1970
1.5 Acres Lot
$754,600 Zestimate®
$497/sqft
$2,035 Estimated rent
Home value
$754,600
Estimated sales range
Not available
$2,035/mo
Zestimate® history
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What's special
Meticulously maintained west facing handscribed log home on the shores of White Iron Lake just minutes to Ely. Experience the beauty of the northwoods in this immaculate 3-bedroom home situated on a private pine studded lot just 8 miles from downtown Ely. The home features wood flooring, open floor plan, ideal main floor primary bedroom, and unique built-ins. The updated kitchen features stainless appliances, gas range/oven, solid surface counters and a center island. The centerpiece of the living room is the stunning fieldstone fireplace which features a gas insert. Magnificent cathedral ceilings and large patio doors leading to the lakeside deck finish off the living area which provide gorgeous lake views. Main floor lakeside primary bedroom with dual entry to the bath. Upstairs you will find 2 additional bedrooms of generous size. This home has been meticulously cared for with many updates including new steel roofs on the buildings, high efficiency furnace and central AC. The full basement houses the mechanicals and provides loads of storage room. The oversized 3-car garage provides plenty of room to store all the lake toys and features a workshop area as well. The charming wood-fired sauna features wonderful lake views and has a spacious changing room. The natural landscaping, gorgeous perennials, and blacktop drive ensure low maintenance year-round. Enjoy picking blueberries on your stroll to the shore which features idyllic panoramic views and classic rocky shoreline.
Zillow last checked: 8 hours ago
Listing updated: September 08, 2025 at 04:22pm
Listed by:
Anna Yahnke 218-235-3547,
Bear Island Realty LLC,
Kate Davies 218-343-9173,
Bear Island Realty LLC
Bought with:
Kate Davies, MN 40403900
Bear Island Realty LLC
Source: Lake Superior Area Realtors,MLS#: 6113993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15 x 12
Bedroom
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Description: Built in twin beds. Built in desk.
- Level: Upper
- Area: 16982 Square Feet
- Dimensions: 14 x 1213
Kitchen
- Description: Combined with dining room
- Level: Main
- Area: 264 Square Feet
- Dimensions: 22 x 12
Living room
- Level: Main
- Area: 209 Square Feet
- Dimensions: 11 x 19
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Eat In Kitchen, Natural Woodwork, Vaulted Ceiling(s)
- Flooring: Hardwood Floors
- Basement: Full,Unfinished,Walkout,Washer Hook-Ups,Dryer Hook-Ups
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total interior livable area: 1,490 sqft
- Finished area above ground: 1,490
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Detached, Electrical Service, Slab
- Garage spaces: 3
Features
- Patio & porch: Deck
- Exterior features: Dock
- Has view: Yes
- View description: Inland Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Shore-Accessible)
- Body of water: White Iron
- Frontage length: 220
Lot
- Size: 1.50 Acres
- Dimensions: 300 x 200
- Features: Many Trees, High
- Residential vegetation: Heavily Wooded
Details
- Additional structures: Sauna
- Foundation area: 1152
- Parcel number: 280627307030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log
- Property subtype: Single Family Residence
Materials
- Log, Log Home
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Previously Owned
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Mound Septic
- Water: Drilled
- Utilities for property: Satellite
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2024 | Sold | $740,000-5%$497/sqft |
Source: | ||
| 10/26/2024 | Pending sale | $779,000$523/sqft |
Source: | ||
| 9/27/2024 | Contingent | $779,000$523/sqft |
Source: | ||
| 5/31/2024 | Listed for sale | $779,000$523/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,073 +0.4% | $715,900 +6.8% |
| 2024 | $4,055 +11.8% | $670,400 +3.5% |
| 2023 | $3,627 +6.8% | $647,700 +64.7% |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.

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