Located a short drive east of Ely is this magnificent 2 story lake home on Fall Lake! This lovely home, built in 2012, has 3 bedrooms and 3 baths and is on a very scenic wooded parcel with approx. 1.5 acres and approx. 200 feet of shoreline on this fantastic "edge of the Boundary Waters" lake! Enjoy elevated views of the lake, see eagles frequently soaring overhead, and paddle or motor right into the BWCAW right from your dock! The main floor has 9 foot ceilings and a large open concept living and dining room that flows right into the large kitchen with tons of counter space and top-quality cabinets. Enjoy the views out the tall windows and sliding glass door toward the large patio and lake. Also, a main floor bedroom that faces the lake with a private full bath with jacuzzi tub! Half bath, large utility room with washer and dryer, and 4 season porch round out the main floor. The 2nd floor has a large great room with pine vaulted ceilings that faces the lake and an additional back portion of it with a portable sliding wall that can be used to make it a private room, or extra sleeping space. 2 more large bedrooms and another full bath are here as well. Plus a large 2nd floor deck! Also a huge storage room over the attached garage that is great for storing so many things! Other features include the attached 2 stall garage, a sauna behind the house, large patio and entertaining area facing the lake, maintenance free top-quality siding, nice stairs to the lake-where there is a large dock and boat storage! This property would be great to live in year 'round, or use as your 4 season Ely area getaway. Drilled well, mound septic system, private driveway, storage shed. Fall Lake is 6 miles long and the northern quarter of the lake is in the famous Boundary Waters Wilderness Area, with motors being allowed on all of Fall Lake (25 HP in the BWCAW portion and unlimited on the rest of the lake). From Fall Lake you can wheel portage to Basswood Lake and the US/Canada border. Great fishing! Property faces north/northwest and allows great viewing of the active northern lights activity. This is a great property just 10 minutes from Ely! Check out this Youtube Channel for footage of the night sky(including some amazing Northern Lights!) of this listing: https://youtube.com/@larryolson6464?si=6Wa-Cg7a-Lrk7vRT
For sale
$899,000
631 Circle Dr, Ely, MN 55731
3beds
2,373sqft
Est.:
Single Family Residence
Built in 2012
1.54 Acres Lot
$873,300 Zestimate®
$379/sqft
$-- HOA
What's special
Large dockSliding glass doorMaintenance free top-quality sidingBoat storageTall windowsScenic wooded parcel
- 25 days
- on Zillow |
- 967 |
- 24 |
Zillow last checked: August 11, 2025 at 03:27pm
Listing updated: July 25, 2025 at 11:29am
Listed by:
Jeff Hway 218-349-0906,
Bear Island Realty LLC,
Zachary Hway 651-341-0383,
Bear Island Realty LLC
Source: Lake Superior Area Realtors,MLS#: 6120784

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Utility Room, 4 Season Porch, Great Room
Bedroom
- Level: Main
- Area: 174
- Dimensions: 14.5 x 12
Bedroom 1
- Level: Second
- Area: 159.5
- Dimensions: 14.5 x 11
Bedroom 2
- Level: Second
- Area: 159.5
- Dimensions: 14.5 x 11
Primary bathroom
- Features: Full Master
Bathroom
- Description: With Jacuzzi Tub/Shower
- Level: Main
- Area: 72
- Dimensions: 12 x 6
Bathroom 1
- Level: Main
- Area: 19.25
- Dimensions: 5.5 x 3.5
Bathroom 2
- Description: Full Bath
- Level: Second
- Area: 50
- Dimensions: 10 x 5
Kitchen
- Level: Main
- Area: 149.5
- Dimensions: 13 x 11.5
Living room
- Description: Combined With Dining Room
- Level: Main
- Area: 383.5
- Dimensions: 29.5 x 13
Heating
- Forced Air, Floor Furnace, Wood, Propane, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer, Electric Water Heater
- Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Living Room, Kitchen, Bedroom, Bathroom, Utility Room, Great Room, Storage Room
- Doors: Patio Door
- Basement: N/A
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,373
- Total interior livable area: 2,373 sqft
- Finished area above ground: 2,373
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Partially Wheelchair, Accessible Doors
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, 4 Season Porch
- Exterior features: Dock
- Has view: Yes
- View description: Inland Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Rocky, Elevation-High)
- Body of water: Fall
- Frontage length: 200
Lot
- Size: 1.54 Acres
- Dimensions: 320 x 200
- Features: Accessible Shoreline, High
- Residential vegetation: Heavily Wooded
Details
- Additional structures: Sauna
- Foundation area: 1125
- Parcel number: 28636901090
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Composition, Drywalls
- Foundation: Slab
- Roof: Asphalt
Condition
- Previously Owned
- New construction: No
- Year built: 2012
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Private Sewer, Mound Septic
- Water: Drilled
Community & HOA
Location
- Region: Ely
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $1,073,600
- Annual tax amount: $8,403
- Price range: $899K - $899K
- Date on market: 7/17/2025
- Listing terms: Cash,Conventional
- Road surface type: Unimproved
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