Surrounded by a lush forest of pines and ferns, this beautifully updated home offers the perfect blend of privacy and modern comfort. The kitchen features stainless steel appliances—including refrigerator, dishwasher, built-in oven, and stovetop with stainless hood—plus a center island, open shelving, pantry closet, and wood flooring. Large, sun-filled windows bring the outdoors in, creating a bright and welcoming space. The cozy great room features a new wood-burning stove and opens to a massive deck overlooking the forest—perfect for relaxing or entertaining. The main floor includes a bedroom and bath, while the spacious loft has been recently upgraded with added insulation, tongue-and-groove pine, and new carpet for year-round comfort. The finished lower level offers a master suite with walk-in closet and bath, a bonus room ideal for an office or reading nook, and a large mudroom with outside entry and abundant storage. Outbuildings include a single-stall garage with workshop area, heat, insulation, and an upper storage room with exterior access, plus a two-car garage with additional storage and a woodshed. The outdoor wood boiler provides an efficient heating option, and all buildings feature steel roofing. Trails wind through the property for walking or skiing, and the land adjoins State of Minnesota property for even more outdoor exploration. Newly planted apple trees add to the charm of this peaceful retreat—all just 5± minutes from Ely and area lakes.
Sold for $419,000
$419,000
386 Garden Lake Rd, Ely, MN 55731
3beds
2,281sqft
Single Family Residence
Built in 1995
5.02 Acres Lot
$408,400 Zestimate®
$184/sqft
$2,444 Estimated rent
Home value
$408,400
$388,000 - $429,000
$2,444/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 05:05pm
Listed by:
Lori Schulze 218-343-1787,
Keller Williams Classic Realty NW - Ely,
Heather Franciskovich 218-235-3895,
Keller Williams Classic Realty NW - Ely
Bought with:
Chad Davis, MN 40516597
Canoe Capital Realty, LLC
Source: Lake Superior Area Realtors,MLS#: 6122820
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Lower
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Bonus room
- Level: Lower
- Area: 60 Square Feet
- Dimensions: 10 x 6
Dining room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13 x 8
Kitchen
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15 x 15
Living room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13 x 14
Loft
- Level: Upper
- Area: 304.5 Square Feet
- Dimensions: 21 x 14.5
Heating
- Boiler, Dual Fuel/Off Peak, In Floor Heat, Hot Water, Wood, Propane, Electric
Appliances
- Included: Water Heater-Electric, Water Softener-Owned
- Laundry: Dryer Hook-Ups, Washer Hookup
Features
- Kitchen Island, Natural Woodwork, Vaulted Ceiling(s), Walk-In Closet(s), Foyer-Entrance
- Flooring: Hardwood Floors, Tiled Floors
- Basement: Full,Finished,Walkout,Bath,Bedrooms,Den/Office,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
- Number of fireplaces: 1
- Fireplace features: Free Standing
Interior area
- Total interior livable area: 2,281 sqft
- Finished area above ground: 1,293
- Finished area below ground: 988
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Detached, Multiple, Heat, Insulation
- Garage spaces: 2
Features
- Patio & porch: Deck
Lot
- Size: 5.02 Acres
- Dimensions: 775 x 488 x 952
Details
- Additional structures: Storage Shed, Workshop, Other
- Foundation area: 988
- Parcel number: 28631129285
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Foundation: Wood
- Roof: Metal
Condition
- Previously Owned
- Year built: 1995
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Private Sewer, Mound Septic
- Water: Drilled
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $419,000$184/sqft |
Source:  Lake Superior Area Realtors #6122820 Report a problem | ||
| 11/10/2025 | Pending sale | $419,000$184/sqft |
Source: Lake Superior Area Realtors #6122820 Report a problem | ||
| 11/6/2025 | Listed for sale | $419,000+13.6%$184/sqft |
Source: Lake Superior Area Realtors #6122820 Report a problem | ||
| 9/2/2022 | Sold | $369,000$162/sqft |
Source: Lake Superior Area Realtors #6103879 Report a problem | ||
| 7/6/2022 | Pending sale | $369,000$162/sqft |
Source: Lake Superior Area Realtors #6103879 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,731 -16.8% | $344,215 -0.5% |
| 2024 | $2,081 +52.7% | $345,959 -6.9% |
| 2023 | $1,363 +15.4% | $371,510 +133.9% |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
No schools nearby
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