$679,000

3062 Snowbank Rd Ely, MN 55731

Estimated payment $4,020/month

Total Views 651
2 Beds
2 Baths
2,200 Sq Ft
$309 Price per Sq Ft

Highlights

  • Very Popular Property
  • 40 Acre Lot
  • Vaulted Ceiling
  • Panoramic View
  • Contemporary Architecture
  • Wood Flooring

About This Home

Ultimate privacy near the Boundary Waters! This awesome year-around first class home on aprox 40 acres, has Superior National Forest lands on 3 sides, is off grid and set up with solar and propane generator power to provide all the comforts of home in this very special end of the road location. This large 2 bedroom, 2 bath home has over 2000 square feet of living space above the full basement, and has a spectacular great room that houses the living room-with its floor to cathedral ceiling wood burning stone fireplace, the very modern kitchen, and spacious dining area! Great views of the surrounding wilderness! Also on the main floor are the huge primary bedroom, with private full bath, and spacious walk in closet. Down the hall the other way from the great room is the guest bedroom, a large office, and 3/4 bath. Also, the back room that has the laundry area. Upstairs is a gorgeous loft that is a second large living room. Downstairs is the full basement with large workshop and storage galore! The home has a huge wraparound on 2 sides screened in porch that gets alot of use for enjoying the great views! There is also a viewing deck off the great room. There are two separate 2 stall garages, both with full electric. Off the back of the garage nearest the house is the generator building that houses the propane generator and high tech batteries that power the home along with the ample solar power. Other features are central air conditioning, natural cedar siding, birch tongue and groove flooring, hickory cabinets in the kitchen, along with mesabi black granite counter tops, and stunning pine interior doors. This is a one of a kind property from its great location, to its amazing craftmanship throughout, its gorgeous ledgerock outcrops, and its close proximity to Snowbank Lake, Moose Lake, and Lake One--all first class Boundary Waters lakes. All of this and just a 25 minute drive to Ely! Never worry about another power outage again!!

Listing Agent

Jeff Hway

Bear Island Realty LLC Listed on: 08/15/2025

Co-Listing Agent

Zachary Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,841

Year Built

  • Built in 2008

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320 x 1320
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Unpaved Streets
  • Many Trees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Insulated Concrete Forms
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Great Room
  • Open Floorplan
  • Den
  • Loft
  • Workshop
  • Storage Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Panoramic Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Drilled Well
  • Mound Septic
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28-6309-10430

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,841

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely go east on 169, which becomes the Fernberg Trail, and travel aprox 20 miles and turn left on Snowbank Road. Proceed aprox a half mile to first driveway on the right. Property is shown by appointment only.
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 308.64
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Vaulted Ceilings, Walk-In Closet, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2200
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Wood, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 2008
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Unfinished, Walkout
  • Basement Material: Poured Concrete, Insulated Form
  • Estimated Basement Sq Ft: 1816
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor, Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Den/Office, Storage Room, Workshop, 3 Season Porch, Great Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Great Room
  • Bathroom 2: Primary Bedroom
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Loft
  • Room 7: 3 Season Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2200
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Private, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 24 x 24, 24 x 24

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2025-08-15
  • Estimated Lot Dimensions: 1320 x 1320
  • Estimated Number of Acres: 40
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, Rolling
  • Parcel Number: 28-6309-10430

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3841

Map

Range of Values:

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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
2024 $2,740 $660,800 $109,800 $551,000
2023 $2,378 $688,100 $109,800 $578,300
2022 $3,227 $570,000 $109,800 $460,200
2021 $2,563 $418,200 $95,200 $323,000
2020 $2,865 $340,700 $88,900 $251,800
2019 $2,863 $351,900 $97,500 $254,400
2018 $2,910 $351,900 $97,500 $254,400
2017 $2,721 $354,500 $97,500 $257,000
2016 $2,912 $342,700 $110,900 $231,800
2015 $2,999 $357,900 $112,200 $245,700
2014 $2,999 $0 $0 $0
2013 $2,178 $0 $0 $0
2012 $2,176 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $679,000 -- $309 / Sq Ft
Source: Lake Superior Area REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $250,600 Stand Alone Refi Refinance Of Original Loan
Closed $305,000 Construction
Source: Public Records

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Source: Lake Superior Area REALTORS®

MLS Number: 6121350

APN: 28-6309-10430