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For sale
    • Price cut: $50K (6/4)
    $625,000

    359 Sunset Rd, Ely, MN 55731

    2beds
    2,079sqft
    : 
    $4,189/mo
    Get pre-qualified
    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
    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.
    78 days
    |
    346
    |
    6
    |

    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#: 6125189MLS Logo

      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: 79 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Price change$625,000-7.4%$301/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6125189 Report a problem
        5/13/2026Listed for sale$675,000$325/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6125189 Report a problem
        11/1/2025Listing removed$675,000$325/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121065 Report a problem
        8/14/2025Price change$675,000-2.9%$325/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121065 Report a problem
        8/1/2025Listed for sale$695,000$334/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121065 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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