3062 Snowbank Lake Rd

Ely, MN 55731

$619,000
Price
2
Beds
2,200 Sq. Ft.
$281 / Sq. Ft.
2,200
Sq. Ft.
$281
per Sq. Ft.
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Description

Ultimate privacy near the Boundary Waters! This awesome year-around first class home on aprox 40 acres, has Superior National Forest lands on 3 sides, is off grid and set up with solar and propane generator power to provide all the comforts of home in this very special end of the road location. This large 2 bedroom, 2 bath home has over 2000 square feet of living space above the full basement, and has a spectacular great room that houses the living room-with its floor to cathedral ceiling wood burning...Ultimate privacy near the Boundary Waters! This awesome year-around first class home on aprox 40 acres, has Superior National Forest lands on 3 sides, is off grid and set up with solar and propane generator power to provide all the comforts of home in this very special end of the road location. This large 2 bedroom, 2 bath home has over 2000 square feet of living space above the full basement, and has a spectacular great room that houses the living room-with its floor to cathedral ceiling wood burning stone fireplace, the very modern kitchen, and spacious dining area! Great views of the surrounding wilderness! Also on the main floor are the huge primary bedroom, with private full bath, and spacious walk in closet. Down the hall the other way from the great room is the guest bedroom, a large office, and 3/4 bath. Also, the back room that has the laundry area. Upstairs is a gorgeous loft that is a second large living room. Downstairs is the full basement with large workshop and storage galore! The home has a huge wraparound on 2 sides screened in porch that gets alot of use for enjoying the great views! There is also a viewing deck off the great room. There are two separate 2 stall garages, both with full electric. Off the back of the garage nearest the house is the generator building that houses the propane generator and high tech batteries that power the home along with the ample solar power. Other features are central air conditioning, natural cedar siding, birch tongue and groove flooring, hickory cabinets in the kitchen, along with Mesabi black granite counter tops, and stunning pine interior doors. This is a one of a kind property from its great location, to its amazing craftmanship throughout, its gorgeous ledgerock outcrops, and its close proximity to Snowbank Lake, Moose Lake, and Lake One--all first class Boundary Waters lakes. All of this and just a 25 minute drive to Ely! Never worry about another power outage again!
  1. Listed by Jeff Hway • Bear Island Realty LLC
    P: (218)-349-0906 jeff@bearislandrealty.com
  2. Listed by Zachary Hway • Bear Island Realty LLC
    P: (651)-341-0383 zack@bearislandrealty.com

Property Details for 3062 Snowbank Lake Road

Architectural Style
Contemporary
View
Panoramic
Waterfront YN
No
LISTING UPDATED: 04/17/2026 08:01 PM

Property Details for 3062 Snowbank Lake Road

StatusActive
MLS #6124504
Days on Compass4
Taxes$3,673 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built2008
Lot Size40.00 AC / 1,742,400 SF
CountyLake County
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Location

Listing Courtesy of Bear Island Realty LLC
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Building Information for 3062 Snowbank Lake Road

Stories1Year Built2008Building Size-Lot Size40.00 AC / 1,742,400 SF

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$3,423 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,117

Property Taxes

$306

HOA Dues

$0

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Property Information for 3062 Snowbank Lake Road

Summary
Location and General Information
  • Directions: From Ely go east on 169, which becomes the Fernberg Trail, and travel aprox 20 miles and turn left on Snowbank Road. Proceed aprox a half mile to first driveway on the right. Property is shown by appointment only.
  • Latitude: 48
  • Longitude: -91
  • MLSArea Major: LSAR
  • Road Frontage Type: Private Road, Unpaved
  • Road Responsibility: Private Maintained Road
  • Zoning Description: Residential
Parking
  • Garage Spaces: 4.0
  • Garage Dimensions: 24 x 24, 24 x 24
  • Garage Features: Electrical Service,Slab
  • Garage Type: Detached
  • Parking Features: Gravel
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 3758
  • Parcel Number: 28-6309-10430
  • Tax Annual Amount: $3,673.00
  • Tax Legal Description: SE 1/4 of NW 1/4, Section 10, T63N, R9W.
  • Tax Year: 2025
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Property
Lot Information
  • Above Grade Finished Area: 2200.0
  • Below Grade Finished Area: 0.0
  • Living Area: 2200.0
  • Lot Features: Tree Coverage - Heavy, Rolling Slope
  • Lot Size Acres: 40.0
  • Lot Size Dimensions: 1320 x 1320
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 66 x 22, irregular
  • Other Structures: Storage Shed
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 85
  • Land Access: ***
  • Possession: Immediate
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 2008
Utilities
  • Sewer: Private Sewer, Mound Septic
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Foundation Details: Poured Concrete, Insulated Form
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • Basement: Full
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Fireplace(s), Forced Air, Wood, Propane
  • Interior Features: Ceiling Fan(s), Hardwood Floors, Vaulted Ceilings, Walk-In Closet(s), Drywall, Dryer Hook-Ups, Washer Hookup
  • Basement Features: Unfinished,Walkout
  • Bath Description: 3/4 Main Floor,Full Main Floor
  • Dining Room Type: Combine with Kitchen,Combine with Living Room
  • Extra Rooms: Den/Office,Storage Room,Workshop,3 Season Porch,Great Room
  • Main Floor Bedroom: 1
  • Window Features: Double Glazed, Wood Frames
Room Information
Room 1
  • RoomDescription: Living, kitchen, dining, open concept
  • RoomLength: 29.0
  • RoomLevel: Main
  • RoomType: Great Room
  • RoomWidth: 25.0
Room 2
  • RoomDescription: Huge with adjoining en-suite and 7 x 7.5 walk in closet
  • RoomLength: 19.5
  • RoomLevel: Main
  • RoomType: Primary Bedroom
  • RoomWidth: 13.0
Room 3
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Room 4
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Den/Office
  • RoomWidth: 11.0
Room 5
  • RoomDescription: Large full bath with tub, shower etc. with the primary bedroom
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 7.0
Room 6
  • RoomDescription: Large 2nd living room
  • RoomLength: 20.0
  • RoomLevel: Upper
  • RoomType: Loft
  • RoomWidth: 19.0
Room 7
  • RoomDescription: Porch also acts as the laundry room
  • RoomLength: 18.0
  • RoomLevel: Main
  • RoomType: Three Season Porch
  • RoomWidth: 5.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2026-04-15
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 3062 Snowbank Lake Road

DateEvent & SourcePriceAppreciation
Apr 15, 2026

Listed (Active)

Lake Superior Area REALTORS #6124504

$619,000—
Nov 6, 2025

Off Market

Lake Superior Area REALTORS #6121350

$629,000—
Aug 15, 2025

Listed (Active)

Lake Superior Area REALTORS #6121350

$679,000—
DateEvent & SourcePrice
04/15/2026

Listed (Active)

Lake Superior Area REALTORS #6124504

$619,000
11/06/2025

Off Market

Lake Superior Area REALTORS #6121350

$629,000
08/15/2025

Listed (Active)

Lake Superior Area REALTORS #6121350

$679,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3062 Snowbank Lake Road

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
William Kelley Elementary School
Public - PK to 5
Kelley Secondary
Public - 6 to 12
Rating
School
Distance
William Kelley Elementary School
PublicPK to 5

Kelley Secondary
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3062 Snowbank Lake Road, Ely, MN 55731

3062 Snowbank Lake Road is a single family home for sale in Ely, MN 55731. This property was listed for sale on April 15, 2026 by Bear Island Realty LLC, it's currently listed at $619,000. This listing's school district is Lake Superior Public School Dist.. Nearby schools include William Kelley Elementary School and Kelley Secondary. 3062 Snowbank Lake Road is a 2-bed, 2-bath, 2,200 sqft single family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bear Island Realty LLC

Based on information submitted to the MLS GRID as of 04/17/2026 08:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.