$2,450,000

2928 Waters Island Ely, MN 55731

Estimated payment $14,345/month

Total Views 8,721
6 Beds
4 Baths
2,146 Sq Ft
$1,142 Price per Sq Ft

Highlights

  • 20.9 Acre Lot
  • 1-Story Property
  • Baseboard Heating
  • Deck
  • Central Air
  • Wood Burning Fireplace

About This Home

There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island studded views across the vast, main body of the lake to the legendary Boundary Waters Wilderness, world famous for canoe trips. Catch giant lake trout in the 120’ clear, spring fed depths in front of your dock, and sauna and swim under the shimmer of the Northern Lights. Bald eagles and deer abound. Loons call in the still twilight, and the stars are bright and close. Waters Island is the largest, most central island on Burntside and Aurora’s neighboring forest is held in a Land Trust. It’s the ultimate in seclusion and privacy, yet easily accessible via a nearby dock (included).

Listing Agent

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 06/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,772

Year Built

  • Built in 1997

Lot Details

  • 20.9 Acre Lot
  • Irregular Lot
  • Property is zoned RES-5

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,146 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Wood
  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0040-03236,-03238

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,772

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Wood, Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 06/23/2024
  • Main Level Bathrooms: 4
  • Number Of Bedrooms: 6
  • Parcel Code Number: 465-0040-03236,-03238
  • Patioporch: Deck
  • Real Estate Tax: 9772
  • Style: One Story, Seasonal
  • Total Above Grade Sq Ft: 2146
  • Type: Residential
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2146
  • Bedroom 1: Size: 16x12, On Level: Main
  • Total Bathrooms: 4
  • Appliances: Dishwasher, Electric Range, Hood, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Crawl, Rock
  • Bedroom 2: Size: 12x12, On Level: Main
  • Bedroom 3: Size: 20' Yurt, On Level: Main
  • Dining Room: Size: 10x8, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing, Wood Burning
  • Kitchen: Size: 12x7, On Level: Main
  • Living Room: Size: 25x23, On Level: Main
  • Main Level Bedrooms: 6
  • Main Level Sq Ft: 2146
  • Other Room 2: Bedroom, Size: 16' Yurt, On Level: Main
  • Other Room 3: Family RM, Size: 24' Yurt, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Central
  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Schools

  • School District: Ely-696

Lot Info

  • Lot Size: Dimensions: 1420x1070
  • Number Of Acres: 20.9
  • Zoning: RES-5

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
2023 $9,252 $745,400 $502,300 $243,100
2022 $6,918 $628,900 $426,600 $202,300
2021 $6,116 $538,600 $362,200 $176,400
2020 $6,242 $538,600 $362,200 $176,400
2019 $6,218 $583,600 $407,200 $176,400
2018 $6,190 $582,700 $412,500 $170,200
2017 $6,254 $582,600 $412,400 $170,200
2016 $6,428 $582,600 $412,400 $170,200
2015 $6,412 $604,200 $434,000 $170,200
2014 $6,412 $595,500 $433,500 $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2024 06/23/24 For Sale $2,450,000 -- $1,142 / Sq Ft
Source: Range Association of REALTORS®

Purchase History

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

Similar Home in Ely, MN

  • 2928 Waters Island Unit Waters Island and Do, Ely, MN 55731

    $2,450,000

    • 6 Beds
    • 3.5 Baths
    • 2,146 Sq Ft
    • 2928 Waters Island
    • Unit Waters Island and Do
    • Ely, MN

    There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island

    Lisa Janisch Janisch Realty Inc.

    Section Image

Source: Range Association of REALTORS®

MLS Number: 146931

Range Association of REALTORS®

APN: 465004003236