NOT LISTED FOR SALE

XXX8 Powerhouse Trail Ely, MN 55731

3.1 Acres
-- Price per Acre
135,036 Sq Ft Lot

Last Sold January 22, 2025

Last sale price $212,000

11 Days on Market

Highlights

  • Private Waterfront
  • Elevated Lot
  • Many Trees
  • Lake View

About This Lot

As of January 2025

This large Fall Lake West lot has +-3.1 acres and +-250 of shoreline. The possible building site is not far from the level but rocky shoreline which is located in a quite bay. Nice stands of birch and aspen enhance the beauty of this lot. You can enjoy the fishing, boating, and canoeing on Fall Lake as well as having direct access into the BWCA from this property. The property has been surveyed, has power available and has been approved for septic. And…..it is only a few minutes from town.

Last Agent to Sell the Property

Don Stocks

Wildwoods Land Company Listed on: 11/25/2024

Co-Listed By

Chris Eilrich

Wildwoods Land Company

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,300

Lot Details

  • 3.1 Acre Lot
  • Lot Dimensions are 473 x 628 x 250 x 400
  • Private Waterfront
  • 250 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Irregular Lot
  • Many Trees

HOA Fees

  • $26 Monthly HOA Fees

Property Views

  • Lake Views

Property Details

Property Type

Land

Est. Annual Taxes

$1,300

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Class: LOT/LAND
  • Directions: From Ely....head out to the Fernberg Road to Power Dam Road, left on Powerhouse Trail. Signs on property.
  • L O1 Office Phone1 Number: 218-365-3665
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 68387.1
  • RdBtwnWtrfrnt: No
  • Road Maintenance: Association
  • ShorelineCharacteristics: Gravel, Rocky, Muck
  • Property Sub-Type: Recreational
  • Tax Year: 2024
  • Twp Number: 63N
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 250
  • Waterfront Name: Fall

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 315.6

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-11-25
  • Estimated Lot Dimensions: 473 x 628 x 250 x 400
  • Estimated Number of Acres: 3.1
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Improvements: Survey Stakes
  • Land Improvements: No
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Heavy, High, BWCA
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1300

Range of Values:

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Average Value
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List Price
Sold 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
01/22/2025 01/22/25 Sold $212,000 0.0% --
12/06/2024 12/06/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $212,000 -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Stocks

    Seller's Agent in 2025

    Don Stocks

    Wildwoods Land Company

    (218) 340-1353

    106 Total Sales

    Don Stocks
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    149 Total Sales

    Chris Eilrich
    Section Image

  • T

    Buyer's Agent in 2025

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    140 Total Sales

    Trish Bulinski
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117113

Minnesota Lake County Ely 55731

XXX8 Powerhouse Trail, Ely, MN

This home is located at XXX8 Powerhouse Trail, Ely, MN 55731 since 25 November 2024. XXX8 Powerhouse Trail is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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