$449,000

1493 Inspiration Rd Ely, MN 55731

Estimated payment $2,640/month

Total Views 84
3 Beds
2 Baths
1,655 Sq Ft
$271 Price per Sq Ft

Highlights

  • Panoramic View
  • Fireplace
  • 1-Story Property
  • Memorial High School Rated 9+
  • Laundry Room

About This Home

Lovely 3 bedroom, 2 bath country home located just 2 miles south of Ely on a quiet, private road off of Highway 1. Home has a total of over 3000 sq. ft, was built in 2008, and has aprox 10.5 acres of wooded privacy. The home features a very convenient attached 2 stall garage, maintenance free siding, and very efficient triple pane windows! The main floor has a large kitchen with breakfast bar, a nice pantry, and opens right into the dining room with windows on 3 sides to fully enjoy the peaceful wooded views, the living room with propane fireplace, large main bedroom with huge walk in closet, a second bedroom, 3/4 bath, and a combo laundry and entry room that leads to the attached garage. Downstairs is the huge 3rd bedroom, which could also be a great rec/family room, a full bath, utility room, storage room, and a huge dream workshop..that could be converted to another use if desired. Home has in-floor hot water heating on the lower level, and off peak electric/propane hot water heat on the main floor. Also, a nice half circle driveway, a fully enclosed front porch, steel roof, and a storage building. All of this on a private 10.45 acre parcel just a few minutes from Ely!

Listing Agent

Jeff Hway

Bear Island Realty LLC Brokerage Phone: Listed on: 05/07/2026

Co-Listing Agent

Zachary Hway

Bear Island Realty LLC Brokerage Phone:

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 2008

Lot Details

  • 10.45 Acre Lot
  • Lot Dimensions are 700 x 650

Parking

  • 2

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Panoramic Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 465-0010-01622

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,921

Year Built

Built in 2008

Lot Details

10.45 Acres

Parking

2

Listing Details

  • Directions: From Ely go South on Hwy 1 for 2.2 miles to Inspiration Rd. Turn left and follow to the property address.
  • Tax Year: 2026
  • View Type:Pond View: Panoramic
  • Year Built: 2008
  • Property Sub Type: Single Family Attached
  • Property Type: Residential
  • Lot Size: 700 x 650
  • Road Frontage Type: Highway, Private Road
  • Co List Office Mls Id: LSA31750
  • Co List Office Phone: 218-365-2800
  • Co List Office Mls Id: LSA31750
  • Above Grade Finished Sq Ft: 1655
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 430
  • Stories: 1
  • Window Features: Triple Glazed

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Poured Concrete, Insulated Form
  • Other Structures: Other

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Private Sewer, Mound Septic
  • Cooling: None
  • Water Source: Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 465-0010-01622
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2921

Map

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

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 For Sale $449,000 -- $271 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6125087

Your Personal Tour Guide

Ask me questions while you tour the home.