$499,999

118 Sunset Rd Ely, MN 55731

Estimated payment $2,905/month

Total Views 8,345
4 Beds
1 Bath
1,048 Sq Ft
$477 Price per Sq Ft

Highlights

  • Spa
  • Lake View
  • Vaulted Ceiling
  • Sauna
  • Heated Floors
  • Traditional Architecture

About This Home

This 9 acre property features a home, guest cabin and garage. The focal point of the 1 bedroom, 1 bath home is the stunning southern view looking out over White Iron Lake. Other features are in-floor heat, wood fireplace, sauna, covered patio and one level living. The 1,156 sq. ft. guest cabin has 3 bedrooms, 1 bath, laundry, in-floor heat and comes completely furnished. The garage could continue to be used as a shop or a combination shop and 1 car garage. Above the garage is a 12' x 24' loft for additional shop or storage area. From the lakeside of the home you have easy winter access to White Iron Lake over a couple hundred feet of Federal land. In spring, when water is high, you can paddle a canoe out to the lake and in summer there is a walking trail down to the shore.

Listing Agent

Chris Eilrich

Wildwoods Land Company Listed on: 05/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 2003

Lot Details

  • 8.9 Acre Lot
  • Lot Dimensions are 890 x 600
  • Property fronts a private road

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Sauna
  • Lake Views
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Heated Garage
  • Insulated Garage
  • Gravel Driveway

Outdoor Features

  • Spa
  • Patio
  • Storage Shed
  • Lean-To Shed

Utilities

  • Heating System Uses Wood
  • Private Water Source
  • Drilled Well
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6211-07377

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

Built in 2003

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East from Ely on Highway #169 to Kawishiwi Trail. Follow to Sunset Road and Fire #118.
  • L O1 Office Phone1 Number: 218-365-3665
  • Road Maintenance: Association
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Kitchen Center Island, Natural Woodwork, Sauna, Tiled Floors, Vaulted Ceilings, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1048
  • Garage Type: Detached
  • Heat: Fireplace, In Floor, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Room 12: Bathroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Main
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Spa/Sauna, Foyer
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Living Room
  • Room 7: Kitchen
  • Room 8: Dining Room
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1048
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Lean-To, Storage Shed
  • Road Frontage: Private
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Attic, Electrical Service, Heat, Insulation
  • Garage Capacity: 1

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Private, Drilled

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 250

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 890 x 600
  • Estimated Number of Acres: 8.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: BWCA Area
  • Parcel Number: 28-6211-07377

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2795

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,880 $507,500 $80,100 $427,400
2024 $2,006 $510,100 $77,900 $432,200
2023 $1,778 $532,100 $77,900 $454,200
2022 $2,278 $439,100 $77,900 $361,200
2021 $1,690 $305,000 $68,700 $236,300
2020 $1,904 $128,700 $65,900 $62,800
2019 $1,896 $132,900 $70,100 $62,800
2018 $1,918 $245,300 $70,100 $175,200
2017 $1,755 $245,700 $70,000 $175,700
2016 $1,721 $234,900 $76,500 $158,400
2015 $1,778 $236,500 $77,100 $159,400
2014 $1,778 $0 $0 $0
2013 $1,200 $0 $0 $0
2012 $1,205 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2025 09/26/25 Price Changed $499,999 -5.5% $477 / Sq Ft
07/22/2025 07/22/25 Price Changed $529,000 -3.6% $505 / Sq Ft
05/08/2025 05/08/25 For Sale $549,000 -- $524 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $3,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,500 Purchase Money Mortgage
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6119167

APN: 28-6211-07377