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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
    $3,524,400 Zestimate®
    $667/sqft
    $5,209 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 06:03pm

    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
    Primary bedroom
    • Description: With Juliette Balcony, large an spacious
    • Level: Upper
    • Area: 351.14 Square Feet
    • Dimensions: 18.1 x 19.4
    Bedroom
    • Description: With own 3/4 bath (13x12.6)
    • Level: Upper
    • Area: 163.8 Square Feet
    • Dimensions: 12.6 x 13
    Bedroom
    • Description: with own full bath (6x9), built in bookcases and reading nook
    • Level: Upper
    • Area: 377.58 Square Feet
    • Dimensions: 20.3 x 18.6
    Bathroom
    • Description: in the master suite, soaking jetted tub, large walk in shower, double sink with granite counter
    • Level: Upper
    • Area: 187.25 Square Feet
    • Dimensions: 10.7 x 17.5
    Dining room
    • Description: Informal dining with Marvin Sliding doors to patio over looking lake
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 11 x 15
    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 Square Feet
    • Dimensions: 11.5 x 17.9
    Laundry
    • Description: Granite counters, built in cabinetry
    • Level: Upper
    • Area: 71.94 Square Feet
    • Dimensions: 10.9 x 6.6
    Living room
    • Description: Built in Bookshelves, stunning views of the lake and river bridge
    • Level: Main
    • Area: 323.19 Square Feet
    • Dimensions: 18.9 x 17.1
    Mud room
    • Description: Built in Coat cubbies, washer and dryer, cabinets, granite counters, built in center bench and deep farms style sink.
    • Level: Main
    • Area: 130.8 Square Feet
    • Dimensions: 10.9 x 12
    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 Square Feet
    • Dimensions: 16 x 15
    Rec room
    • Description: with own wet bar, dishwasher & fridge. Built-in bookcase which is a secret door to the underground passage to the garage and soapstone fireplace
    • Level: Lower
    • Area: 618 Square Feet
    • Dimensions: 20.6 x 30
    Sun room
    • Description: Windows all fold back to allow for screens to come down and enjoy the soothing sounds of the River. Deck off the front, Tulikivi Soapstone fp
    • Level: Main
    • Area: 276.66 Square Feet
    • Dimensions: 17.4 x 15.9
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer
    • Laundry: Main Level, Second Floor Laundry
    Features
    • Ceiling Fan(s), Eat In Kitchen, Ethernet Wired, Kitchen Island, Natural Woodwork, Sauna, Walk-In Closet(s), Wet Bar, Beamed Ceilings
    • Flooring: Hardwood Floors, Tiled Floors
    • Doors: Patio Door
    • Windows: Double Glazed, Energy Windows, Wood Frames
    • Basement: Full,Egress Windows,Finished,Walkout,Bath,Den/Office,Family/Rec Room,Fireplace,Kitchen,Utility Room
    • Number of fireplaces: 4
    • Fireplace features: Multiple, Basement
    Interior area
    • 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, Detached, Multiple, Apartment, Bathroom, Bedroom, Drains, Electrical Service, Heat, Insulation, Slab
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Patio & porch: Deck, Patio
    • 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: 644 x 471 x 1074 x 332 x 939 x 218
    • Features: Accessible Shoreline, Irregular Lot, Many Trees, Underground Utilities, Level, Pond(s), Rolling Slope, BWCA Access
    • Residential vegetation: Heavily Wooded
    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
    • Stone, Wood, Frame/Wood
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Completed
    • 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