Sought after LAKESHORE property on 2.7 acres with 200 feet of sandy beach shoreline. Cleared building site with beautiful views of Wolf Lake. Great spot for a cabin, camper, or your dream home. This scenic lake is perfect for activities like swimming, kayaking, or fishing. Many varieties of fish including Bass, Walleye, Northern Pike, Perch, and more. Trees are a mix of Popple, Norways, Aspen, Birch, and Pines. Just a short commute to Ely, Tower, or Babbitt.
Sold for $165,000 on 12/20/23
$165,000
2296 Balsam Ln, Ely, MN 55731
--beds
--baths
2.7Acres
Unimproved Land
Built in ----
2.7 Acres Lot
$-- Zestimate®
$--/sqft
$1,392 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,392/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 09, 2025 at 01:44pm
Listed by:
Lisa Poppenhagen 218-235-7836,
Z' Up North Realty
Bought with:
Lisa Poppenhagen, MN 40430498
Z' Up North Realty
Source: Lake Superior Area Realtors,MLS#: 6111502
Facts & features
Property
Parking
- Parking features: Gravel
Features
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Sand)
- Body of water: Wolf
- Frontage length: 200
Lot
- Size: 2.70 Acres
- Dimensions: 440 x 366
- Features: Accessible Shoreline, Many Trees
- Residential vegetation: Heavily Wooded
Details
- Parcel number: 465003001000
Utilities & green energy
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2023 | Sold | $165,000-5.7% |
Source:  Lake Superior Area Realtors #6111502 | ||
| 12/11/2023 | Pending sale | $175,000 |
Source: Lake Superior Area Realtors #6111502 | ||
| 11/17/2023 | Listed for sale | $175,000+49.6% |
Source: Lake Superior Area Realtors #6111502 | ||
| 2/3/2021 | Sold | $117,000+46.3% |
Source: Public Record | ||
| 8/9/2017 | Sold | $80,000-68% |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,240 -8% | $171,400 +5% |
| 2023 | $1,348 +18.2% | $163,200 |
| 2022 | $1,140 -1.7% | $163,200 +31.5% |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 8.1 mi
- 6/10Memorial Middle SchoolGrades: 6-8Distance: 8.1 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 8.1 mi