$159,000
SOLD DEC 13, 2024

TBD Snowbank Lake Rd Ely, MN 55731

3.08 Acres
$51,623 Price per Acre
134,165 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

41 Days on Market

Highlights

  • Private Waterfront
  • Panoramic View
  • Property is near a preserve or public land
  • Beach Access
  • No HOA
  • Elevated Lot

About This Lot

As of December 2024

Snowbank Lake, East facing 3.08 +/- acres & 600 +/- feet of Shoreline; a rare find. Tucked in a quiet bay bordered by acres & acres of Federal and State land. Snowbank Road intersects the back part of the property; a portion of the property is on the west side of road. Sloping down toward the lake and full of diverse and majestic tree cover including Jackpine; well known in the Snowbank area. Septic sites have been located by a licensed septic professional. The seller went through the variance process with Lake County and a variance granted with a 90' building setback from the Lake. Snowbank Lake is situated on the edge of America's true wilderness. The northern half of the lake is located within the border of an American outdoor treasure, the Boundary Waters Canoe Area Wilderness (BWCAW). Snowbank Lake is 150 feet deep (one of the deepest lakes in the BWCA) and well over 4,000 acres. Several large named islands dot the lakes surface. Many recreating options: fishing (Northern Pike, Lake Trout, Walleye, Smallmouth Bass, Largemouth Bass),canoeing, boating (25 hp in the upper BWCAW area and open hp in the lower area of the lake), miles of wilderness hiking on the Snowbank and Kekabic Trails, and 3 major portages providing access into the BWCAW: Boot, Disappointment and Parent Lake.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 08/06/2024

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $356

Lot Details

  • 3.08 Acre Lot
  • Lot Dimensions are 600 x 200
  • Private Waterfront
  • 600 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Irregular Lot
  • Unpaved Streets
  • Many Trees

Property Views

  • Lake
  • Panoramic

Parking

  • No Driveway
  • On-Street Parking

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$356

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Follow 169 East out of town past Winton; continue on to the Fernberg road for about 20 mile to the Snowbank Lake Rd on the left. Take a left onto the Snowbank Lake Rd and follow for about 1.5 miles. When the road forks stay left and follow to the sign on the right hand side of the road.
  • Waterfront Info Lake Maximum Depth: 150
  • L O1 Office Phone1 Number: 218-365-2800
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 51623.38
  • PropAdjoinsPublicLand: Yes
  • RdBtwnWtrfrnt: No
  • ShorelineCharacteristics: Shore-Accessible, Shore-Vegetation
  • Property Sub-Type: Recreational
  • Tax Year: 2024
  • Twp Number: 64N
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 4654.85
  • Road Frontage: Unpaved, Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 600
  • Waterfront Name: Snowbank

Garage/Parking

  • Parking Driveway: None, Street

Utilities

  • Available Utilities: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-08-07
  • Estimated Lot Dimensions: 600 x 200
  • Estimated Number of Acres: 3.08
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Match Code: 3
  • Land Improvements: No
  • Lot Description: Accessible Shoreline, Irregular Lot, Low Land, Tree Coverage - Heavy, Tree Coverage - Medium, High
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, Other

Tax Info

  • Tax Amount: 356

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $159,000 0.0% $237 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $159,000 -- $237 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115348