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For sale
  • $579,000

    1365 S White Iron Rd, Ely, MN 55731

    3beds
    3,240sqft
    : 
    Single Family Residence
    Built in 1978
    62 Acres Lot
    $556,600 Zestimate®
    $179/sqft
    $-- HOA

    What's special

    New exterior led lightingNewly built deckMain-floor laundryBright sunporch
    Enjoy comfortable one-level living with an open-concept living and dining area, an updated kitchen with new appliances, a main-floor laundry, and a bright sunporch. Relax and unwind in your private sauna complete with a changing room and shower. The land showcases a picturesque mix of mature pines and northern hardwoods, offering breathtaking views in every direction. Established trails wind throughout the property, providing endless opportunities for hiking, snowshoeing, and wildlife viewing. Whitetail deer, black bears, wolves, martens, lynx, and bald eagles are often seen here. This meticulously maintained home has seen numerous recent improvements, including a completely refinished basement with new foam walls, flooring, windows, and lighting; LP furnace with central air; 3 heating zones added w/ new thermostats; a new Vertex metal roof with added insulation; a newly built deck; updated plumbing, electrical, fireplace, and bathrooms; updated kitchen with new appliances; and fresh interior paint throughout. The two-stall attached garage is complemented by a 30’ x 60’ metal storage building / garage offering abundant space for vehicles, equipment, and outdoor gear. Other updates include tree clearing, new gravel & grading of road and parking areas, new exterior LED lighting, and much more! This rare property combines modern comfort with the best of northern Minnesota wilderness living, all just minutes from town.
    84 days
    |
    917
    |
    15
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 14, 2025 at 01:00pm

    Listed by:

    Kate Davies 218-343-9173,

    Bear Island Realty LLC,

    Anna Yahnke 218-235-3547,

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors,MLS#: 6122797MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Spa/Sauna, Sunrm/Solarium
    Bedroom
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 12 x 14
    Bedroom
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bedroom
    • Level: Main
    • Area: 126 Square Feet
    • Dimensions: 9 x 14
    Dining room
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 13 x 16
    Kitchen
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 12 x 16
    Laundry
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9 x 9
    Living room
    • Level: Main
    • Area: 312 Square Feet
    • Dimensions: 16 x 19.5
    Sauna
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 11 x 14
    Sun room
    • Level: Main
    • Area: 97.5 Square Feet
    • Dimensions: 7.5 x 13
    Heating
    • Propane
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater-Electric, Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Natural Woodwork, Sauna, Vaulted Ceiling(s), Beamed Ceilings
    • Flooring: Tiled Floors
    • Windows: Energy Windows, Wood Frames
    • Basement: Full,Finished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 3,240 sqft
    • Finished area above ground: 1,800
    • Finished area below ground: 1,440

    Property

    Parking
    • Total spaces: 4
    • Parking features: Asphalt, Gravel, Attached, Detached, Multiple, Slab
    • Attached garage spaces: 4
    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Panoramic
    Lot
    • Size: 62 Acres
    • Dimensions: 2500 x 2200 x 3400
    • Features: Tree Coverage - Heavy
    Details
    • Additional structures: Pole Building
    • Foundation area: 1440
    • Parcel number: 465001001815
    • Zoning description: Residential
    • Other equipment: Fuel Tank-Rented

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl, Other - See Remarks
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Previously Owned
    • Year built: 1978

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer, Mound Septic
    • Water: Private, Drilled
    • Utilities for property: Satellite

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $400,400
    • Annual tax amount: $3,673
    • Date on market: 11/5/2025
    • Cumulative days on market: 52 days
    • Listing terms: Cash,Conventional
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    Estimated market value

    $556,600

    $529,000 - $584,000

    $2,433/mo

    Price history

    Price history
    DateEventPrice
    11/5/2025Listed for sale$579,000+99.7%$179/sqft
    Source: Lake Superior Area Realtors #6122797 Report a problem
    9/11/2020Sold$290,000-3%$90/sqft
    Source: Lake Superior Area Realtors #6086964 Report a problem
    7/17/2020Pending sale$299,000$92/sqft
    Source: Z' Up North Realty #6086964 Report a problem
    5/21/2020Price change$299,000-9.1%$92/sqft
    Source: Z' Up North Realty #6086964 Report a problem
    12/11/2019Price change$329,000-6%$102/sqft
    Source: Z' Up North Realty #6086964 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,562 +3.8%$400,400 +4.4%
    2023$3,432 +5%$383,700 +13.6%
    2022$3,268 +21.9%$337,700 +16.4%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,478/mo
    Principal & interest
    $2759
    Property taxes
    $516
    Home insurance
    $203

      Climate risks

      Neighborhood: 55731

      Nearby schools

      GreatSchools rating
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