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Sold for $740,000 on 11/08/24
  • $740,000

    201 Sunset Rd, Ely, MN 55731

    3beds
    1,490sqft
    Single Family Residence
    Built in 1970
    1.5 Acres Lot
    $754,600 Zestimate®
    $497/sqft
    $2,035 Estimated rent

    Home value

    $754,600

    Estimated sales range

    Not available

    $2,035/mo

    Zestimate® history
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    What's special

    Meticulously maintained west facing handscribed log home on the shores of White Iron Lake just minutes to Ely. Experience the beauty of the northwoods in this immaculate 3-bedroom home situated on a private pine studded lot just 8 miles from downtown Ely. The home features wood flooring, open floor plan, ideal main floor primary bedroom, and unique built-ins. The updated kitchen features stainless appliances, gas range/oven, solid surface counters and a center island. The centerpiece of the living room is the stunning fieldstone fireplace which features a gas insert. Magnificent cathedral ceilings and large patio doors leading to the lakeside deck finish off the living area which provide gorgeous lake views. Main floor lakeside primary bedroom with dual entry to the bath. Upstairs you will find 2 additional bedrooms of generous size. This home has been meticulously cared for with many updates including new steel roofs on the buildings, high efficiency furnace and central AC. The full basement houses the mechanicals and provides loads of storage room. The oversized 3-car garage provides plenty of room to store all the lake toys and features a workshop area as well. The charming wood-fired sauna features wonderful lake views and has a spacious changing room. The natural landscaping, gorgeous perennials, and blacktop drive ensure low maintenance year-round. Enjoy picking blueberries on your stroll to the shore which features idyllic panoramic views and classic rocky shoreline.

    Zillow last checked: 8 hours ago

    Listing updated: September 08, 2025 at 04:22pm

    Listed by:

    Anna Yahnke 218-235-3547,

    Bear Island Realty LLC,

    Kate Davies 218-343-9173,

    Bear Island Realty LLC

    Bought with:

    Kate Davies, MN 40403900

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors,MLS#: 6113993MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15 x 12
    Bedroom
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Bedroom
    • Description: Built in twin beds. Built in desk.
    • Level: Upper
    • Area: 16982 Square Feet
    • Dimensions: 14 x 1213
    Kitchen
    • Description: Combined with dining room
    • Level: Main
    • Area: 264 Square Feet
    • Dimensions: 22 x 12
    Living room
    • Level: Main
    • Area: 209 Square Feet
    • Dimensions: 11 x 19
    Heating
    • Propane
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Eat In Kitchen, Natural Woodwork, Vaulted Ceiling(s)
    • Flooring: Hardwood Floors
    • Basement: Full,Unfinished,Walkout,Washer Hook-Ups,Dryer Hook-Ups
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 1,490 sqft
    • Finished area above ground: 1,490
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Asphalt, Detached, Electrical Service, Slab
    • Garage spaces: 3
    Features
    • Patio & porch: Deck
    • Exterior features: Dock
    • Has view: Yes
    • View description: Inland Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Shore-Accessible)
    • Body of water: White Iron
    • Frontage length: 220
    Lot
    • Size: 1.50 Acres
    • Dimensions: 300 x 200
    • Features: Many Trees, High
    • Residential vegetation: Heavily Wooded
    Details
    • Additional structures: Sauna
    • Foundation area: 1152
    • Parcel number: 280627307030

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log
    • Property subtype: Single Family Residence
    Materials
    • Log, Log Home
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Previously Owned
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Electric: Minnesota Power
    • Sewer: Mound Septic
    • Water: Drilled
    • Utilities for property: Satellite

    Community & neighborhood

    Location
    • Region: Ely

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    11/8/2024Sold$740,000-5%$497/sqft
    Source: Lake Superior Area Realtors #6113993
    10/26/2024Pending sale$779,000$523/sqft
    Source: Lake Superior Area Realtors #6113993
    9/27/2024Contingent$779,000$523/sqft
    Source: Lake Superior Area Realtors #6113993
    5/31/2024Listed for sale$779,000$523/sqft
    Source: Lake Superior Area Realtors #6113993

    Public tax history

    YearProperty taxesTax assessment
    2025$4,073 +0.4%$715,900 +6.8%
    2024$4,055 +11.8%$670,400 +3.5%
    2023$3,627 +6.8%$647,700 +64.7%

    Find assessor info on the county website

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.

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