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Sold for $275,000 on 07/05/23
  • $275,000

    469 Sunset Rd #5, Ely, MN 55731

    3beds
    1,150sqft
    Single Family Residence
    Built in 1950
    3.58 Acres Lot
    $310,300 Zestimate®
    $239/sqft
    $1,925 Estimated rent

    Home value

    $310,300

    $282,000 - $341,000

    $1,925/mo

    Zestimate® history
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    What's special

    Unique opportunity to own an affordable cabin in Ely with use of over 600 feet of West facing shoreline and awesome sunsets. Very well kept 3 bedroom fully furnished cabin conveniently located just 5 miles from town on excellent roads. Many upgrades and improvements over the last several years. This is an LLC shared ownership with this unit owning approximately 9.85 % of the LLC which represents the owners cabin and their share of the other "common property". Fully improved. Water, power, septic and LP gas. Grounds and general maintenance included in the reasonable quarterly maintenance fee. This is not a fractional share. Cabin use only by this specific shareholder, their family and friends. No rentals allowed or required.

    Zillow last checked: 8 hours ago

    Listing updated: September 08, 2025 at 04:14pm

    Listed by:

    Kerry F Davis 218-235-1084,

    Canoe Capital Realty, LLC

    Bought with:

    Jim Burke, MN 4669422

    Keller Williams Classic Realty - Duluth

    Source: Lake Superior Area Realtors,MLS#: 6108285MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 9 x 11
    Bathroom
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bathroom
    • Level: Main
    • Area: 42 Square Feet
    • Dimensions: 6 x 7
    Bathroom
    • Level: Main
    • Area: 52 Square Feet
    • Dimensions: 6.5 x 8
    Deck
    • Level: Main
    • Area: 216 Square Feet
    • Dimensions: 12 x 18
    Kitchen
    • Description: Kitchen and dining together
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Living room
    • Description: Kitchen, dining and living room all flow together. Very open floor plan
    • Level: Main
    • Area: 374 Square Feet
    • Dimensions: 17 x 22
    Sun room
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 12 x 8
    Heating
    • Wall Unit(s), Propane
    Features
    • Basement: Posts,N/A
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 1,150 sqft
    • Finished area above ground: 1,150
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Boat Slip
    • Waterfront features: Inland Lake, Waterfront Access(Shared), Shoreline Characteristics(Sand)
    • Body of water: White Iron
    • Frontage length: 632
    Lot
    • Size: 3.58 Acres
    • Dimensions: 632 x 246
    • Features: Accessible Shoreline, BWCA Access
    Details
    • Parcel number: 28631132920

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood, Frame/Wood
    • Roof: Metal
    Condition
    • Previously Owned
    • Year built: 1950

    Utilities & green energy

    • Electric: Minnesota Power, Lake Country Power
    • Sewer: Private Sewer, Shared Septic
    • Water: Private, Shared

    Community & neighborhood

    Location
    • Region: Ely

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $350 quarterly
    • Amenities included: Beach Access
    • Services included: Dock Maintenance, Maintenance Structure, Management, Shared Amenities, Snow Removal, Water, Maintenance Grounds

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    7/5/2023Sold$275,000-8.3%$239/sqft
    Source: Lake Superior Area Realtors #6108285
    6/18/2023Pending sale$299,900$261/sqft
    Source: Lake Superior Area Realtors #6108285
    6/15/2023Contingent$299,900$261/sqft
    Source: Lake Superior Area Realtors #6108285
    5/26/2023Listed for sale$299,900$261/sqft
    Source: Lake Superior Area Realtors #6108285

    Public tax history

    Tax history is unavailable.

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.

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