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Sold for $1,100,000
  • $1,100,000

    1663 Saari Rd, Ely, MN 55731

    4beds
    5,280sqft
    Single Family Residence
    Built in 1997
    8.96 Acres Lot
    $1,100,400 Zestimate®
    $208/sqft
    $3,968 Estimated rent

    Home value

    $1,100,400

    $1.03M - $1.17M

    $3,968/mo

    Zestimate® history
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    What's special

    Gas fireplaceCenter islandLevel lakeshoreMorton buildingViews of the lakePrivate boat launchVaulted ceiling
    White Iron Lake, Ely, Minnesota - Custom built 5200 sq. ft. home with 320 feet of level lakeshore with a private boat launch. 8.7 acres of land. This beautiful home has been completed with top quality materials and furnishings with both levels being completed with living quarters. The main floor living area features an open floor plan with views of the lake from the large windows and patio door. Well designed kitchen with a center island that seats 10 people, custom hickory cabinets, high definition laminate countertops, ceramic tile flooring, and a huge pantry in the hall. The living room has a gas fireplace, laminate flooring, a vaulted ceiling with tongue & groove pine and views of the lake. There are 4 main floor bedrooms with the master bedroom having a private bath. There is a second full bath and a utility/laundry room on the main level with a washer, dryer, freezer and closet. The walkout basement features a family room with tongue and groove wainscoting, bedroom, open area with a pool table, utility room, ¾ bath, electric sauna with a shower, large storage room and a tuck-under garage. Sleeps up to 19 people. Dual fuel heat. Rollout dock. Steel siding. The 30 X 48 Morton building is on a floating slab, has electricity and 3 overhead doors. There is an RV hookup. All of this tucked back into a private, wooded area with room enough to build additional structures. White Iron Lake has 3237 acres, 35.47 miles of shoreline and a maximum depth of 47 feet. It is connected to Garden Lake, Farm Lake, South Farm and the Kawishiwi River with access to the BWCAW. Being sold furnished. Priced below replacement cost, must see to appreciate the quality of this exceptional home and property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janet Erchul 218-365-2100,

    Ely Realty

    Bought with:

    Don Stocks, MN 20556658

    Wildwoods Land Company

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6121747MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family/Rec, Pantry, Spa/Sauna, See Remarks, Storage Room, Utility Room, Entry, Bonus Room
    Primary bedroom
    • Description: Laminate Flooring Patio door Double closets Attached Full Bath
    • Level: Main
    • Area: 336 Square Feet
    • Dimensions: 16 x 21
    Bedroom
    • Description: Double Bed and Bunks Laminate Flooring Closet
    • Level: Basement
    • Area: 165 Square Feet
    • Dimensions: 11 x 15
    Bedroom
    • Description: Closet Laminate Flooring Quality furnishings
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 14 x 16
    Bedroom
    • Description: Closet Laminate Floor Quality Furnishings
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 13 x 17
    Bathroom
    • Description: Full Bath
    • Level: Lower
    • Area: 72 Square Feet
    • Dimensions: 8 x 9
    Bonus room
    • Description: Laminate flooring Closet
    • Level: Lower
    • Area: 182.25 Square Feet
    • Dimensions: 13.5 x 13.5
    Dining room
    • Description: Laminate flooring Open to living room and kitchen
    • Level: Main
    • Area: 294 Square Feet
    • Dimensions: 21 x 14
    Family room
    • Description: Laminate Flooring Electric free standing fireplace Walkout to front yard
    • Level: Lower
    • Area: 357 Square Feet
    • Dimensions: 21 x 17
    Kitchen
    • Description: Custom Ash cabinets Ceramic tile floor Center Island Seats 10 High definition laminate counters
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 12 x 14
    Living room
    • Description: Floor to ceiling propane fireplace Laminate flooring View of White Iron Lake Vaulted Ceiling Tongue & Groove Pine
    • Level: Main
    • Area: 378 Square Feet
    • Dimensions: 21 x 18
    Other
    • Description: Pool Table Laminate flooring Excellent Lighting
    • Level: Lower
    • Area: 297.25 Square Feet
    • Dimensions: 20.5 x 14.5
    Utility room
    • Description: Washer and Dryer Sink Cupboards Freezer
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10 x 12
    Heating
    • Baseboard, Fireplace(s), In Floor Heat, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater-Electric, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
    • Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
    Features
    • Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Sauna, Vaulted Ceilings, Center Hall Foyer, Foyer-Entrance
    • Flooring: Tiled Floors
    • Doors: Patio Door
    • Windows: Vinyl Windows
    • Basement: Full,Egress Windows,Finished,Walkout,Bath,Den/Office,Family/Rec Room,Fireplace,Utility Room
    • Number of fireplaces: 2
    • Fireplace features: Gas, Basement
    Interior area
    • Total interior livable area: 5,280 sqft
    • Finished area above ground: 2,640
    • Finished area below ground: 2,640

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street, Gravel, Detached, Tuckunder, Electrical Service, Slab
    • Attached garage spaces: 6
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Partially Wheelchair
    Features
    • Exterior features: Dock
    • Has view: Yes
    • View description: Inland Lake, Panoramic
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Elevation-Low, Other - See Remarks)
    • Body of water: White Iron
    • Frontage length: 320
    Lot
    • Size: 8.96 Acres
    • Dimensions: 350 x 707 x 330 x 652 + 664 x 444
    • Features: Accessible Shoreline, Tree Coverage - Heavy, Level, BWCA Access
    Details
    • Additional structures: Pole Building
    • Parcel number: 465001003191 & 465001003193
    • Zoning description: Residential
    • Other equipment: Air to Air Exchange, Fuel Tank-Rented
    • Wooded area: 174240

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Aluminum, Wood, Frame/Wood
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 1997

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer
    • Water: Private, Drilled
    • Utilities for property: Satellite

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $730,300
    • Annual tax amount: $7,271
    • Date on market: 9/5/2025
    • Cumulative days on market: 341 days
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    9/11/2026Sold$1,100,000-12%$208/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747 Report a problem
    8/12/2026Pending sale$1,250,000$237/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747 Report a problem
    10/22/2025Price change$1,250,000-16.6%$237/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747 Report a problem
    9/6/2025Listed for sale$1,499,000$284/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,888 +18.2%$730,300 +6.4%
    2024$5,828 -8.6%$686,600 +15.6%
    2023$6,374 +22.6%$593,900
    2022$5,198 +0.6%$593,900 +31.2%
    2021$5,168 $452,500
    2020$5,168 $452,500
    2019$5,168 +23.9%$452,500 +20.2%
    2018$4,170 -6.1%$376,300
    2017$4,442 +6.5%$376,300
    2016$4,170 -0.9%$376,300 -15%
    2015$4,206 -13.4%$442,800
    2014$4,856 -5.8%$442,800 -4.8%
    2013$5,154 +15.7%$465,100 +10.1%
    2012$4,455 +14.8%$422,300
    2011$3,882 +5.3%$422,300 -3%
    2010$3,688 $435,200
    2009$3,688 +43.3%$435,200 +40%
    2008$2,573 +12.6%$310,800 +24.5%
    2007$2,285 +46.9%$249,600 +15%
    2006$1,555 +6.8%$217,000 +32.2%
    2004$1,456 +38%$164,100 +13.7%
    2003$1,056 +34.2%$144,300 +13.8%
    2002$787 -25.2%$126,800 +10.3%
    2001$1,051 +0.9%$115,000 +14.9%
    2000$1,042 $100,100
    Find assessor info on the county website

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating
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