Pending

Price cut: $15K (5/9)

$435,000

1859 Bobence Rd, Ely, MN 55731

3beds

1,532sqft

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Single Family Residence

Built in 2002

1.2 Acres Lot

$417,800 Zestimate^®

$284/sqft

$-- HOA

What's special

Westerly lake viewsTwo storage shedsSpacious lakeside deckTwo additional bedroomsEat in kitchenPaved drivewayLevel lot

Quality-built ranch home on Clear Lake, conveniently located between Ely and Tower, MN. This 3-bedroom, 3-bath property sits on a level lot with westerly lake views, a spacious lakeside deck, and a paved driveway. The main level includes a living room with gas fireplace, an eat in kitchen, and a primary bedroom featuring built ins and an attached ¾ bath. Two additional bedrooms and a full bath complete the main floor. The partially finished lower level offers a family room, office, and additional bath, with potential for further finishing or storage. Property features include in floor and baseboard electric heat, private well and septic, an attached 1 car garage, and a detached oversized garage/workshop. Two storage sheds and a dock are included. This well-maintained home offers a blend of comfort, practicality, and lakeside enjoyment—ideal as a year round residence or Northwoods retreat.

114 days

575

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2
Main level bedrooms: 1

Bedroom

Level: Main
Area: 182 Square Feet
Dimensions: 14 x 13

Bedroom

Level: Main
Area: 110 Square Feet
Dimensions: 11 x 10

Bedroom

Level: Main
Area: 140 Square Feet
Dimensions: 14 x 10

Dining room

Level: Main
Area: 90 Square Feet
Dimensions: 9 x 10

Family room

Level: Basement
Area: 156 Square Feet
Dimensions: 13 x 12

Kitchen

Level: Main
Area: 99 Square Feet
Dimensions: 11 x 9

Living room

Level: Main
Area: 286 Square Feet
Dimensions: 13 x 22

Office

Level: Basement
Area: 144 Square Feet
Dimensions: 12 x 12

Heating

Baseboard, Dual Fuel/Off Peak, In Floor Heat, Electric

Appliances

Included: Water Filtration System, Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, Washer

Features

Ceiling Fan(s), Natural Woodwork
Windows: Energy Windows
Basement: Full,Egress Windows,Bath,Den/Office,Family/Rec Room,Washer Hook-Ups,Dryer Hook-Ups
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total interior livable area: 1,532 sqft
Finished area above ground: 1,232
Finished area below ground: 300

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Property

Parking

Total spaces: 2
Parking features: Concrete, Attached, Detached, Electrical Service, Heat, Insulation
Attached garage spaces: 2

Features

Exterior features: Dock
Has view: Yes
View description: Inland Lake
Has water view: Yes
Water view: Lake
Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel)
Body of water: Clear
Frontage length: 200

Lot

Size: 1.2 Acres
Dimensions: 225 x 250
Features: Tree Coverage - Medium, Level

Details

Additional structures: Storage Shed
Foundation area: 1232
Parcel number: 317013000040, 317013000030
Zoning description: Residential
Other equipment: Air to Air Exchange, Fuel Tank-Rented

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Cement Board, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 2002

Utilities & green energy

Electric: Lake Country Power
Sewer: Drain Field
Water: Drilled

Community & HOA

HOA

Has HOA: No

Location

Region: Ely

Financial & listing details

Price per square foot: $284/sqft
Tax assessed value: $65,900
Annual tax amount: $2,583
Date on market: 2/23/2026
Cumulative days on market: 101 days
Listing terms: Cash,Conventional
Road surface type: Unimproved

Estimated market value

$417,800

$397,000 - $439,000

$2,378/mo

Price history

Date	Event	Price
6/10/2026	Pending sale	$435,000$284/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123729 Report a problem
5/9/2026	Price change	$435,000-3.3%$284/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123729 Report a problem
4/24/2026	Price change	$450,000-5.3%$294/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123729 Report a problem
3/26/2026	Price change	$475,000-5%$310/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123729 Report a problem
2/23/2026	Listed for sale	$500,000$326/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123729 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$634 -3.9%	$65,900
2023	$660 +6.1%	$65,900
2022	$622 -1%	$65,900 +22.9%
2021	$628	$53,600 -1.3%
2020	$628	$54,300
2019	$628 +9.8%	$54,300 +10.4%
2018	$572 +2.9%	$49,200
2017	$556 -2.8%	$49,200
2016	$572 +2.5%	$49,200 -31.7%
2015	$558 -14.4%	$72,000
2014	$652 -15.9%	$72,000 -11.7%
2013	$775 +3%	$81,500
2012	$752 -11.6%	$81,500 -23.3%
2011	$851 -38.9%	$106,200 -34.5%
2010	$1,393	$162,100
2009	$1,393 +136.3%	$162,100 +77.2%
2008	$589 +35.6%	$91,500 +32.8%
2007	$435 +25.4%	$68,900 +33%
2006	$347 +37%	$51,800 +73.8%
2004	$253 -15.1%	$29,800 +27.4%
2003	$298 -3.1%	$23,400 +17%
2002	$307 +43.9%	$20,000 +42.9%
2001	$214 +17.9%	$14,000 +16.7%
2000	$181	$12,000

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