Sold
Last Sold Price
152,460 Lot Size3.5 Acres
3168 Wolf Lake Rd, Ely, MN 55731
LandProperty Type
3.5 acresLot Size

Description

Awesome and very private south facing lakeshore parcel on quiet Wolf Lake just 15 miles west of Ely! Large 3.5 acre parcel with approx. 865 feet of pristine shoreline to enjoy! Easy access to the shore down a path from the building site. Property is has a very Ely/Boundary Waters feel with dramatic ledgerock outcrops and views, and a nice level building site established. Mixed mature tree cover and some dramatic elevated views from 2 very cool rocky ridges! Property has a drilled well installed in...Awesome and very private south facing lakeshore parcel on quiet Wolf Lake just 15 miles west of Ely! Large 3.5 acre parcel with approx. 865 feet of pristine shoreline to enjoy! Easy access to the shore down a path from the building site. Property is has a very Ely/Boundary Waters feel with dramatic ledgerock outcrops and views, and a nice level building site established. Mixed mature tree cover and some dramatic elevated views from 2 very cool rocky ridges! Property has a drilled well installed in 2022 that is aprox 325 feet deep, the land is surveyed, and septic approved. Long private quarter mile plus private driveway is a permanent easement through adjoining county land for access and power. Wolf Lake is 289 acres, has a max depth of 28 feet, and has some great fishing for a variety of fish species including walleye, large and smallmouth bass, northern pike, crappie, and sunfish! An access to the nearby Burntside River is just down the road, as well as a separate access to Burntside Lake! There is also a large deck at the shoreline to enjoy the spectacular views! If you are looking for great privacy on a quiet lake with great fishing, this is it!
  • Listed by: Jeff Hway 218.349.0906 jeff@bearislandrealty.com • Bear Island Realty LLC
  • Listed by: Zachary Hway 651.341.0383 zack@bearislandrealty.com • Bear Island Realty LLC
Listing closed: 07/03/2025 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6119629

Recent comparable sales

Median sold price

$240,000

Avg days on market

221

Sale-to-list ratio

90.6%

Ely, MN

9 comparable properties found

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$275,000 | Xxx Burntside Lake Road, Ely, MN 55731
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$260,000 | 429 Barrell Road, Ely, MN 55731
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$245,000 | 4 Fernberg Road, Ely, MN 55731
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$240,000 | Xxx1 Xxx1 Powerhouse Trail, Ely, MN 55731
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$225,000 | Xxx3 Xxx3 Powerhouse Trail, Ely, MN 55731
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$240,000 | Xxx5 Xxx5 Powerhouse Trail, Ely, MN 55731
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$270,000 | 1317 North Pioneer Road, Ely, MN 55731
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Location

Listing Courtesy of Bear Island Realty LLC

Sold By Bear Island Realty LLC

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Property Information for 3168 Wolf Lake Road

Property Details
  • Taxes: $1,936 / year
  • MLS Type: Land / Residential
  • View: Inland Lake, Panoramic
  • Waterfront Features: Inland Lake
  • Waterfront YN: Yes
Building Information
  • Lot Size: 3.50 AC
Summary
Location and General Information
  • Directions: From Ely, travel west on Hwy 169 7 miles to the Wolf Lake Road. Turn right and follow aprox 1.4 miles to property driveway. Turn left and follow to the property.
  • Latitude: 48
  • Longitude: -92
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Hard,Elevation-Medium
  • Waterfront Access: Private
  • Waterfrontage Feet: 865
  • MLSArea Major: LSAR
  • Road Frontage Type: Unpaved, Private Road
  • Road Responsibility: Private Maintained Road
  • Township: Morse township (St. Louis County)
  • Zoning Description: Residential
Parking
  • Parking Features: Gravel
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association YN: No
  • Parcel Number: 465-0030-00754
  • Tax Annual Amount: $1,936.00
  • Tax Legal Description: Detailed legal description in Gov't Lot 2, Section 5, T62N, R13. See attached legal.
  • Tax Year: 2025
Property
Lot Information
  • Lot Features: Accessible Shoreline, Many Trees, Rolling Slope
  • Lot Size Acres: 3.5
  • Lot Size Dimensions: Irreglur
Property and Assessments
  • Development Status: Raw Land
  • Available Development Units: ***
  • Improvements: Deck
  • Land Access: ***
  • Land Improvements: 0
  • Property Adjoins Public Land: Yes
  • Possession: Immediate
  • Property Sub Type: Residential
  • Property Type: Land
Utilities
  • On Site Utilities: Private Well
  • Utilities: Private Well Available
  • Water Body Name: Wolf
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2025-05-28
  • 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 3168 Wolf Lake Road

DateEvent & SourcePriceAppreciation
Jul 3, 2025

Sold

Lake Superior Area REALTORS #6119629

$249,000
Jul 2, 2025

Sold (Public Record)

Public Record #1905645944

$249,000

+16.9% / yr

Jun 19, 2025

Pending

Lake Superior Area REALTORS #6119629

DateEvent & SourcePrice
07/03/2025

Sold

Lake Superior Area REALTORS #6119629

$249,000
07/02/2025

Sold (Public Record)

Public Record #1905645944

$249,000

+16.9% / yr

06/19/2025

Pending

Lake Superior Area REALTORS #6119629

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

Public Records for 3168 Wolf Lake Road

Taxable ValueLand$258,700Additions-Total$258,700
Tax Record2026$2,050 ($171 / month)
Home Facts
Lot Size152,460 SqFtStyleAgricultural / RuralZoningSMUCountyST. LOUISAPN465-0030-00754

Schools near 3168 Wolf Lake Road

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Memorial Secondary
Public9 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3168 Wolf Lake Road, Ely, MN 55731
$249,000
152,460
$167,500
152,460
3
672
126,324
27,443
2
1
876
265,716
2
1
960
126,324

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Bear Island Realty LLC

Based on information submitted to the MLS GRID as of 09/09/2025 03:45 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.