$1,300,000
SOLD SEP 3, 2025

3422 N Arm Rd Ely, MN 55731

3 Beds
2 Baths
2,862 Sq Ft
39.33 Acres

Recently Sold

$454 Per Sq Ft

19% Below List Price

8 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Bay View
  • Memorial High School Rated 9+
  • Multiple Garages
  • 39.33 Acre Lot

About This Home

As of September 2025

Discover 40 acres of serene paradise on Burntside Lake, featuring a stunning Legendary Log Home, a cozy cabin, and an impressive 360 feet of pristine sand beach. Surrounded by mature White Pine and native trees, you'll experience the perfect blend of seclusion and nature's beauty. This log home reflects the dedication of its original builders, showcasing exquisite artwork and craftsmanship throughout. The thoughtfully designed layout prioritizes privacy, with the Master Bedroom conveniently located on the main floor. Guests will appreciate the loft area, which includes a lovely lakeside studio and reading nook that walks out to a deck overlooking the water. The living area and lower rec room boast beautiful stonework and efficient wood-burning stoves, offering warmth without the need for traditional fireplaces. Elegant tile and wood floors enhance the home, strategically placed for comfort and style. Venture down to the walkout lower level, where you'll find another inviting relaxation space complete with a well-appointed wet bar, a recreation area adorned with stone and wood elements, two additional bedrooms, and a laundry and utility area. The spacious 54 x 32 block garage features an 8-foot overhang for a woodshop and provides access to an upper studio level. This home is ready for you to step right in and make it yours.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 07/14/2025

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,388

Year Built

  • Built in 1988

Lot Details

  • 39.33 Acre Lot
  • Lot Dimensions are 1320 x 1320
  • Private Waterfront
  • 360 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Landscaped with Trees

Property Views

  • Bay
  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • Multi-Level Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Office or Studio
  • Bonus Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Separate Outdoor Workshop
  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0040-00380

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,388

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East of Ely on Highway 169, to right on County Road 88, 2 miles to right on Echo Trail, 8.6 Miles to Left on the North Arm Road, 4.4 miles to right on private road, .3 miles to the 3422 north Arm Road
  • InternetOptions: See Remarks
  • L O1 Office Phone1 Number: 218-365-8689
  • List Price/ Sq Ft: 454.23
  • Remodeled Addition: No
  • Road Maintenance: Association, Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • View Type:Pond View: Inland Lake, Bay, Panoramic
  • Lot Description Waterfront: Yes
  • Amenities Exterior: Balcony, Dock, Porch, Gutter/Downspout
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1506
  • Below Grade Finished Sq Ft: 1356
  • Garage Type: Detached, Multiple
  • Heat: Fireplace, Forced Air, Wood, Propane
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Room 12: Bathroom
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1988
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Walkout, Bedrooms, Den/Office, Fireplace, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Extra Rooms: 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Dining Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Living Room
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Deck
  • Room 8: Family Room
  • Room 9: Bonus Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2862
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Workshop, Studio
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 360
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Concrete
  • Garage Features: Electrical Service, Heat, Insulation
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 32 x 54

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2025-07-14
  • Estimated Lot Dimensions: 1320 x 1320
  • Estimated Number of Acres: 39.33
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, High, BWCA Area
  • Parcel Number: 465-0040-00380
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 12388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2002
Sold by
Hill Richard K
Bought by
Hill Lynne Mellette
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Sold $1,300,000 0.0% $454 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/18/2025 07/18/25 Price Changed $1,300,000 -18.8% $454 / Sq Ft
07/14/2025 07/14/25 For Sale $1,600,000 -- $559 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

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 $12,338 $1,127,400 $768,100 $359,300
2022 $9,448 $952,000 $652,900 $299,100
2021 $10,100 $815,700 $555,000 $260,700
2020 $9,398 $815,700 $555,000 $260,700
2019 $9,174 $815,700 $555,000 $260,700
2018 $9,094 $816,700 $574,800 $241,900
2017 $9,188 $816,700 $574,800 $241,900
2016 $9,416 $816,700 $574,800 $241,900
2015 $9,606 $846,500 $604,600 $241,900
2014 $9,606 $864,300 $626,000 $238,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6120680

APN: 465004000380