Skip main navigation
For sale
  • $1,250,000

    1663 Saari Rd, Ely, MN 55731

    4beds
    5,280sqft
    : 
    Single Family Residence
    Built in 1997
    8.96 Acres Lot
    $-- Zestimate®
    $237/sqft
    $-- HOA

    What's special

    Gas fireplaceCenter islandLevel lakeshoreMorton buildingViews of the lakePrivate boat launchVaulted ceiling
    White Iron Lake, Ely, Minnesota - Custom built 5200 sq. ft. home with 320 feet of level lakeshore with a private boat launch. 8.7 acres of land. This beautiful home has been completed with top quality materials and furnishings with both levels being completed with living quarters. The main floor living area features an open floor plan with views of the lake from the large windows and patio door. Well designed kitchen with a center island that seats 10 people, custom hickory cabinets, high definition laminate countertops, ceramic tile flooring, and a huge pantry in the hall. The living room has a gas fireplace, laminate flooring, a vaulted ceiling with tongue & groove pine and views of the lake. There are 4 main floor bedrooms with the master bedroom having a private bath. There is a second full bath and a utility/laundry room on the main level with a washer, dryer, freezer and closet. The walkout basement features a family room with tongue and groove wainscoting, bedroom, open area with a pool table, utility room, ¾ bath, electric sauna with a shower, large storage room and a tuck-under garage. Sleeps up to 19 people. Dual fuel heat. Rollout dock. Steel siding. The 30 X 48 Morton building is on a floating slab, has electricity and 3 overhead doors. There is an RV hookup. All of this tucked back into a private, wooded area with room enough to build additional structures. White Iron Lake has 3237 acres, 35.47 miles of shoreline and a maximum depth of 47 feet. It is connected to Garden Lake, Farm Lake, South Farm and the Kawishiwi River with access to the BWCAW. Being sold furnished. Priced below replacement cost, must see to appreciate the quality of this exceptional home and property.
    205 days
    |
    1,056
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 15, 2025 at 09:10am

    Listed by:

    Janet Erchul 218-365-2100,

    Ely Realty

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6121747MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Family/Rec, Pantry, Spa/Sauna, See Remarks, Storage Room, Utility Room, Entry, Bonus Room
      Primary bedroom
      • Description: Laminate Flooring Patio door Double closets Attached Full Bath
      • Level: Main
      • Area: 336 Square Feet
      • Dimensions: 16 x 21
      Bedroom
      • Description: Double Bed and Bunks Laminate Flooring Closet
      • Level: Basement
      • Area: 165 Square Feet
      • Dimensions: 11 x 15
      Bedroom
      • Description: Closet Laminate Flooring Quality furnishings
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 14 x 16
      Bedroom
      • Description: Closet Laminate Floor Quality Furnishings
      • Level: Main
      • Area: 221 Square Feet
      • Dimensions: 13 x 17
      Bathroom
      • Description: Full Bath
      • Level: Lower
      • Area: 72 Square Feet
      • Dimensions: 8 x 9
      Bonus room
      • Description: Laminate flooring Closet
      • Level: Lower
      • Area: 182.25 Square Feet
      • Dimensions: 13.5 x 13.5
      Dining room
      • Description: Laminate flooring Open to living room and kitchen
      • Level: Main
      • Area: 294 Square Feet
      • Dimensions: 21 x 14
      Family room
      • Description: Laminate Flooring Electric free standing fireplace Walkout to front yard
      • Level: Lower
      • Area: 357 Square Feet
      • Dimensions: 21 x 17
      Kitchen
      • Description: Custom Ash cabinets Ceramic tile floor Center Island Seats 10 High definition laminate counters
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12 x 14
      Living room
      • Description: Floor to ceiling propane fireplace Laminate flooring View of White Iron Lake Vaulted Ceiling Tongue & Groove Pine
      • Level: Main
      • Area: 378 Square Feet
      • Dimensions: 21 x 18
      Other
      • Description: Pool Table Laminate flooring Excellent Lighting
      • Level: Lower
      • Area: 297.25 Square Feet
      • Dimensions: 20.5 x 14.5
      Utility room
      • Description: Washer and Dryer Sink Cupboards Freezer
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10 x 12
      Heating
      • Baseboard, Fireplace(s), In Floor Heat, Propane
      Cooling
      • Central Air
      Appliances
      • Included: Water Heater-Electric, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
      • Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
      Features
      • Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Sauna, Vaulted Ceiling(s), Center Hall Foyer, Foyer-Entrance
      • Flooring: Tiled Floors
      • Doors: Patio Door
      • Windows: Vinyl Windows
      • Basement: Full,Egress Windows,Finished,Walkout,Bath,Den/Office,Family/Rec Room,Fireplace,Utility Room
      • Number of fireplaces: 2
      • Fireplace features: Gas, Basement
      Interior area
      • Total interior livable area: 5,280 sqft
      • Finished area above ground: 2,640
      • Finished area below ground: 2,640

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off Street, Gravel, Detached, Tuckunder, Electrical Service, Slab
      • Attached garage spaces: 6
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Partially Wheelchair
      Features
      • 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(Gravel, Elevation-Low, Other - See Remarks)
      • Body of water: White Iron
      • Frontage length: 320
      Lot
      • Size: 8.96 Acres
      • Dimensions: 350 x 707 x 330 x 652 + 664 x 444
      • Features: Accessible Shoreline, Tree Coverage - Heavy, Level, BWCA Access
      Details
      • Additional structures: Pole Building
      • Parcel number: 465001003191 & 465001003193
      • Zoning description: Residential
      • Other equipment: Air to Air Exchange, Fuel Tank-Rented
      • Wooded area: 174240

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Aluminum, Wood, Frame/Wood
      • Foundation: Concrete Perimeter
      • Roof: Asphalt Shingle
      Condition
      • Previously Owned
      • Year built: 1997

      Utilities & green energy

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

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $237/sqft
      • Tax assessed value: $686,600
      • Annual tax amount: $6,971
      • Date on market: 9/5/2025
      • Cumulative days on market: 145 days
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Unimproved
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        10/22/2025Price change$1,250,000-16.6%$237/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747 Report a problem
        9/6/2025Listed for sale$1,499,000+353.6%$284/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747 Report a problem
        12/28/2012Sold$330,500$63/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #1984124 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$5,828 -8.6%$686,600 +15.6%
        2023$6,374 +22.6%$593,900
        2022$5,198 +0.6%$593,900 +31.2%
        2021$5,168 $452,500
        2020$5,168 $452,500
        2019$5,168 +23.9%$452,500 +20.2%
        2018$4,170 -6.1%$376,300
        2017$4,442 +6.5%$376,300
        2016$4,170 -0.9%$376,300 -15%
        2015$4,206 -13.4%$442,800
        2014$4,856 -5.8%$442,800 -4.8%
        2013$5,154 +15.7%$465,100 +10.1%
        2012$4,455 +14.8%$422,300
        2011$3,882 +5.3%$422,300 -3%
        2010$3,688 $435,200
        2009$3,688 +43.3%$435,200 +40%
        2008$2,573 +12.6%$310,800 +24.5%
        2007$2,285 +46.9%$249,600 +15%
        2006$1,555 +6.8%$217,000 +32.2%
        2004$1,456 +38%$164,100 +13.7%
        2003$1,056 +34.2%$144,300 +13.8%
        2002$787 -25.2%$126,800 +10.3%
        2001$1,051 +0.9%$115,000 +14.9%
        2000$1,042 $100,100

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $7,492/mo
        Principal & interest
        $6377
        Property taxes
        $1115
        More affordability tools

          Climate risks

          Neighborhood: 55731

          Getting around

          0 / 100
          Car-Dependent
          28 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 55731