Skip main navigation
Sold for $3,500,000 on 07/18/25
  • $3,500,000

    3231 Wolf Lake Rd, Ely, MN 55731

    5beds
    5,250sqft
    Single Family Residence
    Built in 2007
    20 Acres Lot
    $3,501,100 Zestimate®
    $667/sqft
    $5,386 Estimated rent

    What's special

    Ready to make this dream estate your legacy? Burntside Lake Home on Outlet Bay in Ely is now available. Whether watching trout swim upstream, observing eagles dive for fish, or enjoying the serenity of the woodland surroundings, you'll find countless reasons to stay and call Greystone home. Unparalleled living experience in Ely, MN. This one-of-a-kind custom home 5BR/6BA home is being offered for the very first time. Nestled on a sprawling 20-acre estate, this property boasts 1155 ft of pristine shoreline along Burntside Lake's Outlet Bay and the Burntside River. Surrounded by the beauty of nature, this estate is designed for those who seek both luxury and adventure. Greystone offers many features, too many to list, but include: 2 double sided Tulikivi green soapstone fireplaces (one with a pizza oven), two laundry rooms (main floor and 2nd flr), elevator, secret underground passage to the garage and guest rooms, outdoor kitchen, boathouse with patio, walking paths, pole bldg, She Shed /Potting Shed, reclaimed hardwood floors, wood paneled walls, Creston Security System, Folding Marvin Windows with electronic screens, real stone facade, Fir Douglas flooring, knotty alder custom cabinets, and the list keeps going!

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2025 at 02:54pm

    Listed by:

    Andrea Zupancich 218-749-0159,

    Z' Up North Realty

    Bought with:

    Patricia Bulinski, MN 20274047

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors,MLS#: 6114471MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 2
    Bedroom
    • Description: With Own 3/4 Bath (13x12.6)
    • Level: Upper
    • Area: 163.8
    • Dimensions: 13 x 12.6
    Bedroom 1
    • Description: With Own Full Bath (6x9), Built In Bookcases And Reading Nook
    • Level: Upper
    • Area: 377.58
    • Dimensions: 18.6 x 20.3
    Primary bathroom
    • Features: Full Master
    Bathroom
    • Description: In The Master Suite, Soaking Jetted Tub, Large Walk In Shower, Double Sink With Granite Counter
    • Level: Upper
    • Area: 187.25
    • Dimensions: 17.5 x 10.7
    Dining room
    • Description: Informal Dining With Marvin Sliding Doors To Patio Over Looking Lake
    • Level: Main
    • Area: 165
    • Dimensions: 15 x 11
    Kitchen
    • Description: Granite Counters, Birch Cabinets, Sub Zero Freezer, Wolf Stove, Multilevel Breakfast Bar. Tulikivi Green Soapstone Fireplace With Pizza Oven.
    • Level: Main
    • Area: 205.85
    • Dimensions: 17.9 x 11.5
    Living room
    • Description: Built In Bookshelves, Stunning Views Of The Lake And River Bridge
    • Level: Main
    • Area: 323.19
    • Dimensions: 17.1 x 18.9
    Office
    • Description: With North Facing Views Of Outlet Bay Built In Desks And Book Case And Tulikivi Green Soap Stone Fireplace
    • Level: Lower
    • Area: 240
    • Dimensions: 15 x 16
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Oven, Washer
    • Laundry: Main Level, 2nd Floor Laundry, Laundry Room
    Features
    • Ceiling Fan(s), Eat-in Kitchen, Wired for Data, Kitchen Island, Natural Woodwork, Sauna, Walk-In Closet(s), Wet Bar, Beamed Ceilings, Panelled Walls, Kitchen, Dining Room, Living Room, Sunroom/Solarium, Mud Room, Bathroom, Bedroom, Rec Room, Den/Office, Family/Rec, Sitting/Parlor, Sunrm/Solarium, Utility Room, Breakfast Bar, Eat-In Kitchen, Informal Dining Room
    • Flooring: Hardwood, Tile
    • Doors: Patio Door
    • Windows: Double Glazed, Energy Windows, Wood Frames
    • Basement: Egress Windows,Finished,Walk-Out Access,Bath,Den/Office,Family/Rec Room,Kitchen,Utility Room,Block,Full
    • Number of fireplaces: 4
    • Fireplace features: Basement
    Interior area
    • Total structure area: 5,250
    • Total interior livable area: 5,250 sqft
    • Finished area above ground: 3,500
    • Finished area below ground: 1,750

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, Garage Door Opener, Detached, Multiple
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Enclosed
    • Exterior features: Balcony, Dock, Outdoor Kitchen, Rain Gutters
    • Has view: Yes
    • View description: Bay, River
    • Has water view: Yes
    • Water view: Bay,River
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Rocky, Sand, Shore-Accessible)
    • Body of water: Burntside
    • Frontage length: 1155
    Lot
    • Size: 20 Acres
    • Dimensions: 644x471x1074x332x939x218
    • Features: Accessible Shoreline, Irregular Lot, Wooded, Level, Pond, Rolling Slope, BWCA Area
    Details
    • Additional structures: Boat House, Pole Building, Guest House, Studio
    • Parcel number: 465004005145 and 465004005170

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Frame/Wood, Stone, Wood Siding
    • Roof: Metal
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2007

    Utilities & green energy

    • Electric: Lake Country Power, Other
    • Sewer: Private Sewer
    • Water: Private
    • Utilities for property: Underground Utilities, Fiber Optic

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Ely

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability