$549,000

118 Sunset Rd Ely, MN 55731

Estimated payment $3,312/month

Total Views 4,322
4 Beds
1 Bath
1,048 Sq Ft
$524 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

  • 9.02 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
  • List Price/ Sq Ft: 523.85
  • 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

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2025-05-08
  • Estimated Lot Dimensions: 890 x 600
  • Estimated Number of Acres: 9.02
  • 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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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
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
Previous Owner $213,000 New Conventional
Previous Owner $215,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Similar Homes in Ely, MN

  • 12957 W Ridge Rd, Ely, MN 55731

    $624,900

    • 4 Beds
    • 2.5 Baths
    • 1,825 Sq Ft
    • 12957 W Ridge Rd
    • Ely, MN

    Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. This beautifully maintained log home offers the perfect blend of serenity and convenience. Ideally located near numerous stunning lakes, this property is a gateway to the best of nature and recreation. The main log home features 1–2 bedrooms and 2 full bathrooms. "warm tiles" in both the kitchen and bath to add comfort and charm which are

    Julian Rasmusson Z' Up North Realty

    Section Image
  • 1543 Miners Dr E, Ely, MN 55731

    $649,000

    • 2 Beds
    • 2 Baths
    • 2,100 Sq Ft
    • 1543 Miners Dr E
    • Ely, MN

    Charming Miners Lake Home with 300 Feet of Lakeshore and 2 Acres. Discover this beautifully remodeled two-bedroom, two-bathroom home set on a stunning 2-acre lot with 300 feet of shoreline on Miners Lake. Ideally situated near the scenic Tezona Trail, you'll enjoy direct access to year-round outdoor activities including walking, running, biking, cross-country skiing, and snowmobiling trails just

    Julian Rasmusson Z' Up North Realty

    Section Image
  • 444 Fernberg Rd Unit Deer Ridge Resort CI, Ely, MN 55731

    $659,000

    • 4 Beds
    • 2 Baths
    • 2,330 Sq Ft
    • 444 Fernberg Rd
    • Unit Deer Ridge Resort CI
    • Ely, MN

    This is an awesome 4 season cabin for you to use and rent with a beautiful view of Garden Lake from the lakeside screened in porch/deck and living area. In 2021 cabin was stained and new seamless gutters installed, as well as new windows installed in May 2024. There is professional maintenance and property management to take care of the unit for you and renters. Taxes are very low due to the

    Chad Davis Canoe Capital Realty, LLC

    Section Image
  • 611 Circle Dr, Ely, MN 55731

    $649,900

    • 3 Beds
    • 1 Bath
    • 1,253 Sq Ft
    • 611 Circle Dr
    • Ely, MN

    Stunning Fall Lake Location!! Dreaming of a tranquil lakeside retreat? Look no further than this charming 3 bedroom, 1 bath lakeside cabin, nestled on 1.4 acres with 430 feet of shoreline on a beautiful point on Fall Lake. This one-of-a-kind property offers direct access to the Boundary Waters Canoe Area Wilderness (BWCAW),making it a perfect getaway for outdoor enthusiast and nature lovers

    Lori Schulze Keller Williams Classic Realty NW - Ely

    Section Image
  • 2263 Longstorff Rd, Ely, MN 55731

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,581 Sq Ft
    • 2263 Longstorff Rd
    • Ely, MN

    Escape to the tranquility of Ely, MN with this stunning one-level, timber-frame home, nestled on 9.5 acres of pristine, wooded land. Built in 2004, this 3-bedroom, 2-bathroom beauty combines rustic charm with modern comfort. The home’s cedar siding and natural wood accents create a warm, welcoming atmosphere from the moment you arrive. The heart of the home features a vaulted ceiling and gleaming

    Lori Schulze Keller Williams Classic Realty NW - Ely

    Section Image
  • 3622 Wildgate Rd, Ely, MN 55731

    $635,000

    • 3 Beds
    • 2.5 Baths
    • 2,297 Sq Ft
    • 3622 Wildgate Rd
    • Ely, MN

    Welcome to your dream getaway on the pristine shores of Armstrong Lake, boasting 150 feet of natural sand beach, stunning sunsets, and 1.14 acres of level, beautifully wooded land. This one-level home offers year-round comfort with in-floor heat, and a spacious great room featuring floor-to-ceiling windows, a striking stone fireplace, and breathtaking lake views. The main bedroom suite includes a

    Barbara Hegg Vermilion Land Office, Inc.

    Section Image
  • 2890 Ccc Camp Rd, Ely, MN 55731

    $549,500

    • 2 Beds
    • 1 Bath
    • 1,283 Sq Ft
    • 2890 Ccc Camp Rd
    • Ely, MN

    Located approx. 20 miles east of Ely near the end of Fernberg Rd, Lake One, Snowbank Lake, and the BWCAW is this awesome log home on 10 acres with phenomenal long distance views of the surrounding wilderness. Your elevated panoramic views from the home look into the Boundary Waters... including seeing Disappointment Mountain located deep in the BWCAW about 8 miles away!! The property directly

    Jeff Hway Bear Island Realty LLC

    Section Image
See All Homes in Ely

Source: Lake Superior Area REALTORS®

MLS Number: 6119167

APN: 28-6211-07377

Minnesota Lake County Ely 55731

118 Sunset Rd, Ely, MN

This home is located at 118 Sunset Rd, Ely, MN 55731 and is currently priced at $549,000, approximately $523 per square foot. This property was built in 2003. 118 Sunset Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Listing Agent
Chris Eilrich
Section Image
Wildwoods Land Company
(218) 644-7778