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Sold for $540,000 on 07/13/23
  • $540,000

    655 Point Dr, Ely, MN 55731

    3beds
    1,600sqft
    Single Family Residence
    Built in 2002
    2.05 Acres Lot
    $604,900 Zestimate®
    $338/sqft
    $2,389 Estimated rent

    Home value

    $604,900

    $575,000 - $641,000

    $2,389/mo

    Zestimate® history
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    What's special

    Garden Lake Home- This well designed home, custom built in 2002, features one level living on Garden Lake. 3 bedrooms, master bath & guest bath, sun room, living room, kitchen-dining room, main floor laundry and pantry. Lake views from the living room, sun room, and master bedroom. Entrance to the 2 car detached garage is from the laundry room. In floor, off-peak heat. Two 200 amp circuit breaker panels. Drilled well & mound septic system. Also includes a 20 X 16 dry cabin on a 20 X 20 foundation. Storage shed. Wood shed. Paved access to the garage. Wooded lot with gentle path leading to the 190 ft of lakeshore. The home is situated on the lot to provide privacy. Garden Lake is connected to a chain of lakes including White Iron, Farm, South Farm, and the Kawishiwi River. Access to the BWCA. A great opportunity to own a year round home on Garden Lake in Ely, Minnesota.

    Zillow last checked: 8 hours ago

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

    Listed by:

    Janet Erchul 218-365-2100,

    Ely Realty

    Bought with:

    Karen Zupancich, MN 91118

    Edina Realty, Inc. - Virginia

    Source: Lake Superior Area Realtors,MLS#: 6107940MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Description: Attached 3/4 master bath Carpet Closet Drywall Views of the lake
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 13 x 14
    Bedroom
    • Description: Carpet Drywall
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 9 x 10
    Bedroom
    • Description: Carpet Drywall
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Bathroom
    • Description: Full bath Tub, shower, vanity
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 5 x 8
    Other
    • Description: Tile Floor Wood Cabinets Includes dining area
    • Level: Main
    • Area: 190 Square Feet
    • Dimensions: 10 x 19
    Laundry
    • Description: Tile floor Washer & Dryer hook-ups
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11 x 8
    Living room
    • Description: Carpet Drywall
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 12 x 17
    Pantry
    • Description: Pantry and storage
    • Level: Main
    • Area: 32 Square Feet
    • Dimensions: 8 x 4
    Sun room
    • Description: Views of the lake Carpet Entrance to small outside deck
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9 x 12
    Heating
    • Dual Fuel/Off Peak, In Floor Heat, Wood
    Cooling
    • None
    Appliances
    • Included: Water Heater-Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
    Features
    • Eat In Kitchen, Natural Woodwork
    • Flooring: Tiled Floors
    • Windows: Vinyl Windows
    • Basement: N/A
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,600 sqft
    • Finished area above ground: 1,600
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Off Street, Other, Attached, Drains, Electrical Service, Heat, Insulation
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Partially Wheelchair, No Stairs Internal
    Features
    • Patio & porch: Deck
    • Exterior features: Boat Slip, 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(Rocky)
    • Body of water: Garden
    • Frontage length: 190
    Lot
    • Size: 2.05 Acres
    • Dimensions: 417 x 190
    • Features: Accessible Shoreline, Irregular Lot, Many Trees, Underground Utilities, Level, BWCA Access
    • Residential vegetation: Heavily Wooded
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1500
    • Parcel number: 28637628040
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood, Frame/Wood
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 2002

    Utilities & green energy

    • Electric: Minnesota Power
    • Sewer: Private Sewer
    • Water: Drilled, Private
    • Utilities for property: Underground Utilities, Satellite

    Community & neighborhood

    Location
    • Region: Ely

    Other

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

    Price history

    DateEventPrice
    7/13/2023Sold$540,000-6.1%$338/sqft
    Source: Lake Superior Area Realtors #6107940
    5/31/2023Pending sale$575,000$359/sqft
    Source: Lake Superior Area Realtors #6107940
    5/14/2023Contingent$575,000$359/sqft
    Source: Lake Superior Area Realtors #6107940
    5/10/2023Listed for sale$575,000$359/sqft
    Source: Lake Superior Area Realtors #6107940

    Public tax history

    YearProperty taxesTax assessment
    2025$3,499 +22%$505,400 -0.6%
    2024$2,867 -1.8%$508,500 +2.7%
    2023$2,921 +10.4%$495,100 +46.4%

    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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