Just 11 Miles south of Ely on the historic Highway 1, this property is nestled among towering white pines and lush greenery. This updated 3-bedroom home is the ultimate retreat for outdoor enthusiasts and nature lovers. Situated on 1.5 acres with 200 feet of pristine shoreline along the renowned Kawishiwi River, this immaculate home offers a unique blend of seclusion and adventure. It is located in one of Minnesota's premier Walleye fishing areas, offering unparalleled fishing, camping, and canoeing with direct access to the BWCA. The home is situated on a well-landscaped 200 x 300-foot lot, offering tranquil views of the river. The large riverside deck features glass insert panels and overlooks a gently sloped yard complete with rock steps and a developed pathway leading to the lake. A 12 x 26 screened porch provides a relaxing spot to observe nature in peace. Double-hung Marvin windows were recently installed throughout the home by a contractor in Ely. The open kitchen, designed by Pinckney, includes an island and a Jenn-Air range, seamlessly integrating dining and living spaces with views of the river. The current owner commissioned Ely mason Mike Braun to design and install the wood-burning rock fireplace, which adds aesthetic value and serves as a wonderful heating source. Additionally, there are newer off-peak Steffes electric storage heaters that efficiently maintain a comfortable temperature year-round. A new roof was installed in 2023. Zito Internet is in to the home. Needs a new subscription. Work from Home! At the riverside, you'll find a cozy sitting area with a fire pit and an included roll-out aluminum dock system. River access is easy, providing a year-round space to enjoy the endless waters. The property is situated on a gated road with just over a dozen owners and is supported by an excellent road association that is well-run throughout the year. This updated 3-bedroom home is the ultimate retreat for outdoor enthusiasts and nature lovers, offering a unique blend of seclusion and adventure. It is located in one of Minnesota's best Walleye fishing areas, providing unparalleled fishing opportunities.
Sold for $540,000
$540,000
12351 Endless Waters Rd, Ely, MN 55731
3beds
1,144sqft
Single Family Residence
Built in 1977
1.51 Acres Lot
$552,700 Zestimate®
$472/sqft
$1,825 Estimated rent
Home value
$552,700
Estimated sales range
Not available
$1,825/mo
Zestimate® history
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List your homeWhat's special
Roll-out aluminum dock systemWood-burning rock fireplaceLarge riverside deckLush greeneryOpen kitchenDouble-hung marvin windowsJenn-air range
Zillow last checked:
Listing updated:
Listed by:
Jerry Fink 218-343-1318,
Canoe Capital Realty, LLC
Bought with:
Lisa Poppenhagen, MN 40430498
Ely Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6120987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Description: Large Closets
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11 x 12
Bedroom
- Description: Closets
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10 x 14
Bathroom
- Description: Full bath with Washer/Dryer Nook
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5 x 8
Other
- Description: Combined with Dining Room
- Level: Main
- Area: 242 Square Feet
- Dimensions: 11 x 22
Other
- Description: Closets
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9 x 10
Deck
- Description: Lakeside Cedar Deck with glass panel inserts. Beautiful water overlook.
- Level: Main
- Area: 480 Square Feet
- Dimensions: 16 x 30
Living room
- Description: Lakeside Views, Wood Burning Fireplace
- Level: Main
- Area: 352 Square Feet
- Dimensions: 16 x 22
Porch
- Description: Screened Seasonal Deck, just off the home entrance and an excellent place to unwind, have a nice glass of wine and just enjoy life
- Level: Main
- Area: 312 Square Feet
- Dimensions: 12 x 26
Heating
- Dual Fuel/Off Peak, Radiant, Wood
Features
- Windows: Energy Windows, Wood Frames
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,144 sqft
- Finished area above ground: 1,144
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Electrical Service
- Garage spaces: 2
Features
- On waterfront: Yes
- Waterfront features: River, Waterfront Access(Private)
- Body of water: Kawashiwi
- Frontage length: 200
Lot
- Size: 1.51 Acres
- Dimensions: 200 x 300
- Features: Accessible Shoreline, Landscaped, Many Trees, Level, Rolling Slope, BWCA Access
- Residential vegetation: Heavily Wooded
Details
- Foundation area: 1144
- Parcel number: 2867427090
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1977
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Private Sewer, Drain Field
- Water: Private, Drilled
- Utilities for property: Fiber Optic
Community & HOA
HOA
- Has HOA: Yes
- Services included: None
- HOA fee: $275 annually
Location
- Region: Ely
Financial & listing details
- Price per square foot: $472/sqft
- Tax assessed value: $390,900
- Annual tax amount: $2,770
- Date on market: 7/29/2025
- Cumulative days on market: 22 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $540,000-1.6%$472/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6120987 Report a problem | ||
| 8/19/2025 | Pending sale | $549,000$480/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120987 Report a problem | ||
| 7/29/2025 | Listed for sale | $549,000$480/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120987 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,685 +1.6% | $390,900 -0.7% |
| 2024 | $2,643 -6.7% | $393,500 +0.6% |
| 2023 | $2,833 +23% | $391,200 +55% |
| 2022 | $2,303 -2.9% | $252,400 |
| 2021 | $2,372 +9% | $252,400 |
| 2020 | $2,177 +13.1% | $252,400 -1.2% |
| 2018 | $1,925 +14.2% | $255,500 +33.8% |
| 2017 | $1,686 -0.3% | $191,000 +11.4% |
| 2016 | $1,692 -0.5% | $171,500 -0.7% |
| 2015 | $1,700 | $172,700 |
| 2014 | $1,700 +19% | -- |
| 2013 | $1,428 +8.5% | -- |
| 2012 | $1,317 | -- |
| 2011 | -- | -- |
| 2010 | $1,422 | -- |
Find assessor info on the county website
Neighborhood: 55731
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- Minnesota
- Lake County
- Ely
- 55731
- 12351 Endless Waters Rd
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