
Highlights
- Private Waterfront
- Beach Access
- Panoramic View
- Docks
- New Construction
- Heated Floors
About This Home
As of July 2024Tucked away on 2.8 acre lot on Fall Lake, this brand-newly built home offers direct access to the BWCA and breathtaking views from every angle. Along with 300 feet of glorious shoreline, the open-concept floor plan and no detail was spared. This paradise is being sold turnkey. A massive stone fireplace helps you unwind, and the 30x14 master ensuite features a walk-in closet and access to the deck overlooking the lake. Home offers over 3000 sqft of finished living space. The kitchen and dining area harmoniously blend modern design with rustic charm, creating an inviting space that is at the heart of the home. The kitchen has ample storage, and a large island perfect for the enthusiastic chef. Adjacent to the kitchen is the dining area, beautifully lit by natural light streaming in from the large windows that offer captivating views of Fall Lake. Ideal space for family meals or entertaining guests. The thoughtful layout ensures a seamless flow between the kitchen, dining area, and the expansive deck, allowing for effortless indoor-outdoor living. Lower walkout level offers you 9' ceilings, large rec rm, 2nd & 3rd bedrooms (one is non-egress), utility room, attach garage. Outside you have a variety of enticing amenities: deck overlooking Fall Lake provides the perfect setting for outdoor dining, while the fire pit area offers a cozy spot for evening gatherings under the stars and Northern Lights and the new permanent dock is ready to house your boat. With the myriad of outdoor activities that the BWCA region has to offer, you will not be bored. Whether it's kayaking on the calm waters of Fall Lake, fishing for walleye, hiking the scenic trails, or simply enjoying the abundant wildlife around you, there's no shortage of opportunities to immerse yourself in the tranquility of nature. And let's not forget the original one-room vertical log cabin, a charming nod to the area's history and a unique addition to this serene property. A great lakeside art studio, library, your call! Just 15 minutes from Ely, it's easy to trade the hustle and bustle for the serenity of this lakeside retreat. The home boasts direct, private access to Fall Lake, a paradise for boaters, swimmers, and anglers alike. Furthermore, the surrounding BWCA wilderness offers endless opportunities for exploration and adventure. Fall Lake immerses you in a world where luxury meets the great outdoors, making it the perfect sanctuary for those looking to escape from the grind of city life.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,223
Year Built
- Built in 2023 | New Construction
Lot Details
- 2.8 Acre Lot
- Private Waterfront
- 300 Feet of Waterfront
- Lake Front
- Level Lot
- Landscaped with Trees
Property Views
- Lake
- Panoramic
Home Design
- Traditional Architecture
- Slab Foundation
- Poured Concrete
- Wood Frame Construction
- Insulated Concrete Forms
- Metal Roof
- Composition Shingle
Interior Spaces
- 3,000 Sq Ft Home
- 1-Story Property
- Woodwork
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Wood Frame Window
- Mud Room
- Entrance Foyer
- Living Room
- Dining Room
- Den
- Recreation Room
- Heated Floors
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Window Egress
Parking
- 1 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Accessible Home Design
- Doors are 36 inches wide or more
Eco-Friendly Details
- Energy-Efficient Windows
- Air Exchanger
Outdoor Features
- Beach Access
- Docks
- Patio
Utilities
- Radiant Heating System
- Heating System Uses Propane
- Private Water Source
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 28-6372-17110
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Similar Homes in Ely, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $1,140,000 | -- | |
Deed | $172,500 | None Available | |
Warranty Deed | $172,500 | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Deed | $172,500 | -- |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2024 07/30/24 | Sold | $1,140,000 | -12.0% | $380 / Sq Ft |
07/07/2024 07/07/24 | Pending | -- | -- | -- |
03/15/2024 03/15/24 | For Sale | $1,295,000 | +275.4% | $432 / Sq Ft |
09/08/2021 09/08/21 | Sold | $345,000 | -1.4% | $920 / Sq Ft |
08/09/2021 08/09/21 | Pending | -- | -- | -- |
08/06/2021 08/06/21 | For Sale | $349,900 | -- | $933 / Sq Ft |
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 | $2,136 | $1,104,700 | $244,900 | $859,800 |
2023 | $1,306 | $517,400 | $243,100 | $274,300 |
2022 | $1,378 | $288,900 | $243,100 | $45,800 |
2021 | $1,340 | $153,200 | $125,900 | $27,300 |
2020 | $1,609 | $146,100 | $124,100 | $22,000 |
2019 | $16 | $163,000 | $140,700 | $22,300 |
2018 | $1,713 | $163,000 | $140,700 | $22,300 |
2017 | $1,563 | $170,900 | $148,300 | $22,600 |
2016 | $1,541 | $159,700 | $140,700 | $19,000 |
2015 | $1,539 | $158,200 | $140,700 | $17,500 |
2014 | $1,539 | $0 | $0 | $0 |
2013 | $1,848 | $0 | $0 | $0 |
2012 | $1,731 | $0 | $0 | $0 |
Source: Lake Superior Area REALTORS®
MLS Number: 6112673
APN: 28-6372-17110
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