Nestled into a private wooded parcel on the beautiful White Iron Chain of Lakes, this year-round home offers 2 bedrooms, 2 bathrooms, and 2,079 square feet of comfortable Northwoods living. The open-concept living room, dining area, and kitchen create a warm and inviting gathering space, while the three-season porch surrounded by windows provides a peaceful place to relax and enjoy the natural setting. The main floor features a primary bedroom, full bathroom with soaking tub, and convenient main-floor laundry. Downstairs, the large family room offers excellent additional living and entertaining space for guests, recreation, or cozy evenings after a day outdoors. Step outside to enjoy the covered paver patio, steps leading down to the shoreline, and a boathouse at the water’s edge. A two-car garage provides ample room for vehicles, boats, and outdoor gear. Located just minutes from Ely, this property offers direct access into the Boundary Waters Canoe Area Wilderness through the White Iron Chain, making it an exceptional opportunity for boating, fishing, paddling, and year-round outdoor recreation.
For sale
Price cut: $50K (6/4)
$625,000
359 Sunset Rd, Ely, MN 55731
2beds
2,079sqft
Single Family Residence
Built in 1993
1.5 Acres Lot
$-- Zestimate®
$301/sqft
$-- HOA
What's special
Covered paver patioConvenient main-floor laundryPrivate wooded parcel
- 31 days |
- 516 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Lori Schulze 218-343-1787,
Keller Williams Classic Realty NW - Ely,
Heather Franciskovich 218-235-3895,
Keller Williams Classic Realty NW - Ely
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6125189
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Family/Rec, 3 Season Porch
Primary bedroom
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13 x 13
Bedroom
- Level: Lower
- Area: 162.5 Square Feet
- Dimensions: 13 x 12.5
Bathroom
- Level: Main
- Area: 128.25 Square Feet
- Dimensions: 9.5 x 13.5
Bathroom
- Level: Lower
- Area: 52.5 Square Feet
- Dimensions: 5 x 10.5
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Family room
- Level: Lower
- Area: 546 Square Feet
- Dimensions: 21 x 26
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Living room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14 x 18
Other
- Level: Main
- Area: 310.5 Square Feet
- Dimensions: 11.5 x 27
Heating
- Forced Air, Propane
Appliances
- Laundry: Main Level
Features
- Ceiling Fan(s)
- Flooring: Hardwood Floors, Tiled Floors
- Doors: Patio Door
- Basement: Full,Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Utility Room
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 2,079 sqft
- Finished area above ground: 1,188
- Finished area below ground: 891
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Detached, Slab
- Garage spaces: 2
Features
- Patio & porch: Deck, Patio
- Exterior features: Dock, Watering System
- Has view: Yes
- View description: Inland Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Shore-Accessible)
- Body of water: White Iron
- Frontage length: 200
Lot
- Size: 1.5 Acres
- Dimensions: 137 x 487
- Features: Rolling Slope
Details
- Additional structures: Boat House, Storage Shed
- Foundation area: 891
- Parcel number: 28627205160
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Completed
- Year built: 1993
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Private Sewer, Mound Septic
- Water: Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $557,400
- Annual tax amount: $3,671
- Date on market: 5/13/2026
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $625,000-7.4%$301/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6125189 Report a problem | ||
| 5/13/2026 | Listed for sale | $675,000$325/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125189 Report a problem | ||
| 11/1/2025 | Listing removed | $675,000$325/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121065 Report a problem | ||
| 8/14/2025 | Price change | $675,000-2.9%$325/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121065 Report a problem | ||
| 8/1/2025 | Listed for sale | $695,000$334/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121065 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,855 +3% | $557,400 -1.2% |
| 2024 | $3,741 +7.8% | $563,900 +3.9% |
| 2023 | $3,469 +0.2% | $542,600 +55.5% |
| 2022 | $3,464 +5.3% | $348,906 |
| 2021 | $3,291 -3.6% | $348,906 |
| 2020 | $3,415 +1.4% | $348,906 +6.9% |
| 2018 | $3,369 +14.5% | $326,400 -2.7% |
| 2017 | $2,941 +2% | $335,300 +10.5% |
| 2016 | $2,882 -2.2% | $303,400 -0.4% |
| 2015 | $2,947 | $304,500 |
| 2014 | $2,947 +17.2% | -- |
| 2013 | $2,516 +3.2% | -- |
| 2012 | $2,438 | -- |
| 2011 | -- | -- |
| 2010 | $2,606 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
No schools nearby
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- Minnesota
- Lake County
- Ely
- 55731
- 359 Sunset Rd
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