$1,250,000
$249K PRICE DROP

1663 Saari Rd Ely, MN 55731

Total Views 19,541
4 Beds
4 Baths
5,280 Sq Ft
$237 Price per Sq Ft

Highlights

  • Panoramic View
  • Vaulted Ceiling
  • Laundry Room
  • Memorial High School Rated 9+
  • Fireplace

About This Home

White Iron Lake, Ely, Minnesota - Custom built 5200 sq. ft. home with 320 feet of level lakeshore with a private boat launch. 8.7 acres of land. This beautiful home has been completed with top quality materials and furnishings with both levels being completed with living quarters. The main floor living area features an open floor plan with views of the lake from the large windows and patio door. Well designed kitchen with a center island that seats 10 people, custom hickory cabinets, high definition laminate countertops, ceramic tile flooring, and a huge pantry in the hall. The living room has a gas fireplace, laminate flooring, a vaulted ceiling with tongue & groove pine and views of the lake. There are 4 main floor bedrooms with the master bedroom having a private bath. There is a second full bath and a utility/laundry room on the main level with a washer, dryer, freezer and closet. The walkout basement features a family room with tongue and groove wainscoting, bedroom, open area with a pool table, utility room, 3⁄4 bath, electric sauna with a shower, large storage room and a tuck-under garage. Sleeps up to 19 people. Dual fuel heat. Rollout dock. Steel siding. The 30 X 48 Morton building is on a floating slab, has electricity and 3 overhead doors. There is an RV hookup. All of this tucked back into a private, wooded area with room enough to build additional structures. White Iron Lake has 3237 acres, 35.47 miles of shoreline and a maximum depth of 47 feet. It is connected to Garden Lake, Farm Lake, South Farm and the Kawishiwi River with access to the BWCAW. Being sold furnished. Priced below replacement cost, must see to appreciate the quality of this exceptional home and property.

Listing Agent

Janet Erchul

Ely Realty Brokerage Phone: Listed on: 09/04/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Parking

  • 6

Property Views

  • Lake
  • Panoramic

Interior Spaces

  • Vaulted Ceiling
  • Fireplace
  • Basement

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 465-0010-03191 & 465-0010-03193

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

8.96 Acres

Parking

6

Listing Details

  • Directions: Take Highway 1 South from Ely. Approximately 8 miles, turn left on Saari Rd. Follow to Fire # 1663 on the left.
  • Tax Year: 2025
  • View Type:Pond View: Inland Lake, Panoramic
  • Reso Roof: Asphalt Shingle
  • Year Built: 1997
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Lot Size: 350X707X330X652 + 664 x 444
  • Road Frontage Type: Private Road, Unpaved, Township
  • Water Body Name: White Iron
  • Co List Office Mls Id: LSA31819
  • Above Grade Finished Sq Ft: 2640
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2640
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Stories: 1
  • Window Features: Vinyl Windows

Exterior Features

  • Construction Type: Aluminum, Wood
  • Foundation Details: Poured Concrete
  • Other Structures: Pole Building

Garage/Parking

  • Parking Features: Off Street, Gravel

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Water Source: Private, Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 465-0010-03191 & 465-0010-03193
  • Wooded Area: 4
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 6971

Map

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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 $6,888 $686,600 $276,300 $410,300
2023 $6,888 $593,900 $220,000 $373,900
2022 $5,198 $593,900 $220,000 $373,900
2021 $5,564 $452,500 $168,800 $283,700
2020 $5,168 $452,500 $168,800 $283,700
2019 $4,442 $452,500 $168,800 $283,700
2018 $4,170 $398,000 $184,300 $213,700
2017 $4,206 $376,300 $176,100 $200,200
2016 $4,856 $376,300 $176,100 $200,200
2015 $4,875 $442,800 $206,600 $236,200
2014 $4,875 $442,800 $206,600 $236,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 Price Changed $1,250,000 -16.6% $237 / Sq Ft
09/06/2025 09/06/25 Price Changed $1,499,000 -89.3% $284 / Sq Ft
09/04/2025 09/04/25 For Sale $14,000,000 +4136.0% $2,652 / Sq Ft
12/28/2012 12/28/12 Sold $330,500 -- $125 / Sq Ft View Prior Sale
11/29/2012 11/29/12 Pending -- -- --
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $332,500 Canoe Country Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $266,000 New Conventional
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6121747

APN: 465001003191

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