$540,000
SOLD SEP 30, 2025

12351 Endless Waters Ely, MN 55731

3 Beds
1 Bath
1,144 Sq Ft
1.51 Acres

Recently Sold

$472 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Private Waterfront
  • Ranch Style House
  • 2 Car Detached Garage
  • Deck
  • Wood Frame Window
  • Porch

About This Home

As of September 2025

Just 11 Miles south of Ely on the historic Highway 1, this property is nestled among towering white pines and lush greenery. This updated 3-bedroom home is the ultimate retreat for outdoor enthusiasts and nature lovers. Situated on 1.5 acres with 200 feet of pristine shoreline along the renowned Kawishiwi River, this immaculate home offers a unique blend of seclusion and adventure. It is located in one of Minnesota's premier Walleye fishing areas, offering unparalleled fishing, camping, and canoeing with direct access to the BWCA. The home is situated on a well-landscaped 200 x 300-foot lot, offering tranquil views of the river. The large riverside deck features glass insert panels and overlooks a gently sloped yard complete with rock steps and a developed pathway leading to the lake. A 12 x 26 screened porch provides a relaxing spot to observe nature in peace. Double-hung Marvin windows were recently installed throughout the home by a contractor in Ely. The open kitchen, designed by Pinckney, includes an island and a Jenn-Air range, seamlessly integrating dining and living spaces with views of the river. The current owner commissioned Ely mason Mike Braun to design and install the wood-burning rock fireplace, which adds aesthetic value and serves as a wonderful heating source. Additionally, there are newer off-peak Steffes electric storage heaters that efficiently maintain a comfortable temperature year-round. A new roof was installed in 2023. Zito Internet is in to the home. Needs a new subscription. Work from Home! At the riverside, you'll find a cozy sitting area with a fire pit and an included roll-out aluminum dock system. River access is easy, providing a year-round space to enjoy the endless waters. The property is situated on a gated road with just over a dozen owners and is supported by an excellent road association that is well-run throughout the year. This updated 3-bedroom home is the ultimate retreat for outdoor enthusiasts and nature lovers, offering a unique blend of seclusion and adventure. It is located in one of Minnesota's best Walleye fishing areas, providing unparalleled fishing opportunities.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 07/28/2025

Last Buyer's Agent

Lisa Poppenhagen

Ely Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1977

Lot Details

  • 1.51 Acre Lot
  • Lot Dimensions are 200 x 300
  • Private Waterfront
  • 200 Feet of Waterfront
  • River Front
  • Level Lot
  • Landscaped with Trees

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Porch

Utilities

  • Dual Heating Fuel
  • Heating System Uses Wood
  • Radiant Heating System
  • Private Water Source
  • Drilled Well
  • Private Sewer
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 28-674-27090

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1977

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, south of Minnesota State Highway 169, 11 miles to left on Spruce Road, .4 miles to let on Endless Waters Gated Road, then approximately .9 miles to 12351 Endless Waters Road on left. Sign
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-365-8689
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1144
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Radiant, Wood
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Primary Bedroom
  • TotalBedrooms: 3
  • Year Built: 1977
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Room 6: Deck
  • Room 7: Porch
  • Room 8: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1144
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Kawashiwi
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows, Wood Frame

Garage/Parking

  • Garage Features: Electrical Service
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26 x 30

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Drain Field
  • Water: Private, Drilled

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 275

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 200 x 300
  • Estimated Number of Acres: 1.51
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Level, Rolling, BWCA Area
  • Parcel Number: 28-674-27090
  • Waterfront Type: River

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2025
Closed on
Sep 30, 2025
Sold by
The Goblish Living Trust Dated Septembe
Bought by
Nelson Nancy and Nelson Ryan
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Lisa Poppenhagen
Ely Realty
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Views
146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$422,520
Outstanding Balance
$422,520
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$121,735

Purchase Details

Closed on
Sep 26, 2012
Sold by
Goblish Bernard E and Goblish Sharon J
Bought by
Goblish Bernard Edward and Goblish Sharon Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $528,150 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $422,520 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $540,000 -1.6% $472 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $549,000 -- $480 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

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 $2,770 $390,900 $138,700 $252,200
2024 $1,602 $393,500 $138,700 $254,800
2023 $1,716 $391,200 $133,400 $257,800
2022 $2,303 $379,500 $133,400 $246,100
2021 $2,372 $250,800 $112,000 $138,800
2020 $2,551 $252,400 $112,000 $140,400
2019 $2,582 $255,500 $112,000 $143,500
2018 $1,925 $255,500 $112,000 $143,500
2017 $1,686 $191,000 $86,900 $104,100
2016 $1,692 $171,500 $83,600 $87,900
2015 $1,700 $172,700 $83,600 $89,100
2014 $1,700 $0 $0 $0
2013 $1,428 $0 $0 $0
2012 $1,317 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6120987

APN: 28-6274-27090