Sold
Last Sold Price
3 beds3 baths2,760 sqft$272/sqft
3242 Wolf Lake Rd,Ā Ely, MNĀ 55731
Single FamilyProperty Type
33 acresLot Size
2003Year Built
$272/sq ftPrice per sq ft
4 carsParking Spaces

Description

Best Of Both Worlds—Deep Forest & Access To Burntside! Custom Home Set In 33 Acres Of Towering Pines W/Dock On Wolf Lake In Superior Natl Forest—ONLY HALF MILE TO BURNTSIDE LAKE ACCESS, home just 8 mi south of Ely. Built 2003, 2760 SF, 3+B/3B immaculate stone/cedar sided home w/handmade doors. Great rm w/natural light pouring in two story tall windows, stone wood burning firepl, doors to wrap around deck & 3 season porch. Kitchen w/rock faced granite counters, sit around walnut island, handmade alder...Best Of Both Worlds—Deep Forest & Access To Burntside! Custom Home Set In 33 Acres Of Towering Pines W/Dock On Wolf Lake In Superior Natl Forest—ONLY HALF MILE TO BURNTSIDE LAKE ACCESS, home just 8 mi south of Ely. Built 2003, 2760 SF, 3+B/3B immaculate stone/cedar sided home w/handmade doors. Great rm w/natural light pouring in two story tall windows, stone wood burning firepl, doors to wrap around deck & 3 season porch. Kitchen w/rock faced granite counters, sit around walnut island, handmade alder cabinets, Wolf & Sub-Zero appl. Spacious master w/luxurious private spa bth. Two large guest BRs w/full bth. Laundry w/granite counters. Spacious loft family rm w/fireplace front stove, glass doors to deck/potential 4th BR. Rocky Mountain Quartz & oak flooring. Economical in-flr heat. Security system. Whole home backup generator. 4 car insulated heated garage w/guest apt above! Click link for 3D tour!
Listing closed: 09/17/2021 12:00 AM • Source: Range Association of REALTORS as distributed by MLS GRID, MLS#: 141538

Recent comparable sales

Median sold price

$717,500

Avg days on market

113

Sale-to-list ratio

89.1%

Ely, MN

9 comparable properties found

$900,000 | 2375 Viste Point Road, Ely, MN 55731
1/84
1

$900,000

Sold 04/01/26

3
Bedrooms
2,706
Square Feet
6
Acres
$685,000 | 3622 Wildgate Road, Ely, MN 55731
2

$685,000

Sold 08/01/25

3
Bedrooms
2,297
Square Feet
1.13
Acres
$550,000 | 36 Grant Avenue, Ely, NV 89301
1/34
3

$550,000

Sold 10/28/24

3
Bedrooms
2,778
Square Feet
5
Acres
$805,000 | 631 Circle Drive, Ely, MN 55731
1/96
4

$805,000

Sold 01/16/26

3
Bedrooms
2,373
Square Feet
1.54
Acres
$559,818 | 2165 Highway 169, Ely, MN 55731
1/19
5

$559,818

Sold 05/17/25

3
Bedrooms
2,593
Square Feet
4.4
Acres
$750,000 | 3845 Swanson Shores Road, Ely, MN 55731
6

$750,000

Sold 09/19/24

3
Bedrooms
2,643
Square Feet
1
Acres
$322,500 | 1756 Grant Mcmahon Boulevard, Ely, MN 55731
1/2
7

$322,500

Sold 12/30/24

3
Bedrooms
3
Bathrooms
2,854
Square Feet
3.1
Acres
$608,000 | 14511 Canadian Border Road, Ely, MN 55731
1/35
8

$608,000

Sold 06/13/25

3
Bedrooms
2,404
Square Feet
1.9
Acres
$875,000 | 105 North Klondike Drive, Ely, MN 55731
1/40
9

$875,000

Sold 11/21/25

3
Bedrooms
2,187
Square Feet
4.60
Acres

Location

Listing Courtesy of Janisch Realty Inc

Sold By NON-MEMBER

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,453 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,812

Property Taxes

$641

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3242 Wolf Lake Road

Property Details
  • MLS Type: Residential / Single Family Detached
  • Architectural Style: 1 1/2 Story
  • Waterfront Features: Waterfront Access
  • Has Waterfront: Yes
Building Information
  • Stories: 2
  • Year Built: 2003
  • Lot Size: 33.00 AC / 1,437,480 SF
Summary
Location and General Information
  • Directions: From Hwy 169, N. on Wolf Lake Rd. to Fire #.
  • Latitude: 47.889843
  • Longitude: -92.021141
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • MLS Area Major: LSAR
  • Township: 63
  • Water Body Name: Wolf Lake
Taxes and HOA
  • Additional Parcels: No
  • Parcel Number: 465-0040-05175
  • Tax Annual Amount: $5,179.00
  • Tax Other Annual Assessment Amount: $85.00
  • Tax Year: 2021
School Information
  • High School District: Ely #696
Parking
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Garage Door Opener, Detached, See Remarks
Virtual Tour
Property
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Acres: 33.0
  • Lot Size Dimensions: 1300x1285
  • Lot Size Square Feet: 1443142.8
  • Lot Size Units: Acres
  • Public Survey Range: 13
  • Public Survey Section: 32
  • Public Survey Township: 63
  • Road Frontage Type: County Road, Paved Road
  • Topography: Rolling
Property and Assessments
  • Above Grade Finished Area: 1560.0
  • Below Grade Finished Area: 1200.0
  • Development Status: Previously Owned
  • Land Lease: No
  • Living Area: 2760.0
  • New Construction: No
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2003
Building Features
  • Accessibility Features: None
  • Other Structures: Storage Shed, Guest House
  • Construction Materials: Frame, Wood Siding
  • Foundation Area: 1230.0
  • Foundation Details: Poured Concrete
  • Levels: One and One Half
  • Roof: Asphalt, Shingle
  • Stories: 2
  • Total Stories: 2
Utilities
  • Electric: 200+ Amp Service
  • Property Power Amperage: 200
  • Sewer: Septic Tank
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Porch, Screened, Covered, Enclosed
Interior Features
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer, Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Cooling: None
  • Heating: Baseboard, Propane, Hot Water, Radiant Floor
  • Has Heating: Yes
  • Has Fireplace: Yes
  • Total Fireplaces: 2
  • Fireplace Features: Gas Log, Wood Burning
  • Interior Features: Ceiling Fan(s), Eat In Kitchen, Garage Door Opener(s), Hardwood Floors, Natural Woodwork, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Main Floor Laundry, Dryer Hook-Ups, Washer Hookup
  • Laundry Features: Electric Dryer Hookup
  • Water Heater: Gas

Property History for 3242 Wolf Lake Road

DateEvent & SourcePriceAppreciation
Sep 17, 2021

Sold (Public Record)

Public Record #1473974153

$743,000

+12.2% / yr

Sep 17, 2021

Sold

Range Association of REALTORS #141538

$750,000—
Sep 17, 2021

Sold

NorthStar #5768998

$743,000—
DateEvent & SourcePrice
09/17/2021

Sold (Public Record)

Public Record #1473974153

$743,000

+12.2% / yr

09/17/2021

Sold

Range Association of REALTORS #141538

$750,000
09/17/2021

Sold

NorthStar #5768998

$743,000

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

Public Records for 3242 Wolf Lake Road

Taxable ValueLand$164,000Additions$780,200Total$944,200
Tax Record2026$7,696 ($641 / month)
Home Facts
Beds3Baths3Total Finished SqFt2,727 SqFtAbove Grade Finished SqFt1,620 SqFtFinished Basement SqFt1,107 SqFtStories1Lot Size1,443,143 SqFtStyleSingle Family ResidenceYear Built2002Year Renovated2002ZoningSMUCountyST. LOUISAPN465-0040-05175

Schools near 3242 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.

Similar Homes

New listings in 55731

$175,000 | 4704 Highway 169, Ely, MN 55731
1/59

$175,000

1
Bedrooms
Unavailable
Bathrooms
290
Square Feet
8.6
Acres
$175,000 | 4704 Highway 169, Ely, MN 55731
1/41

$175,000

1
Bedrooms
Unavailable
Bathrooms
290
Square Feet
8.6
Acres
$317,000 | 651 Fernberg Road, Ely, MN 55731
1/24

$317,000

2
Bedrooms
Unavailable
Bathrooms
1,282
Square Feet
10
Acres
$230,000 | 429 South 4th Avenue East, Ely, MN 55731
1/62

$230,000

7
Bedrooms
2,600
Square Feet
0.21
Acres
$160,000 | 1211 East Camp Street, Ely, MN 55731
1/60

$160,000

2
Bedrooms
1,064
Square Feet
0.31
Acres
$648,500 | 5005 North N Lake, Ely, MN 55731
1/43
Virtual Tour

$648,500

3
Bedrooms
1,136
Square Feet
12.65
Acres
$749,000 | 2815 Schaeffer Road, Ely, MN 55731
1/37

$749,000

1
Bedrooms
Unavailable
Bathrooms
352
Square Feet
1.3
Acres
$799,000 | 2811 Schaeffer Road, Ely, MN 55731
1/40

$799,000

2
Bedrooms
988
Square Feet
0.44
Acres
$26,000 | 527 East Camp Street, Ely, MN 55731
1/9

$26,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3242 Wolf Lake Road, Ely, MN 55731
$750,000
3
3
2,760
1,437,480
$245,000
1
1,150
87,120
$120,000
–
–
–
635,976
$3,500,000
5
5,250
871,200
$167,500
–
–
–
152,460
–
–
–
–
8,712

Explore Nearby Homes

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 Janisch Realty Inc

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocityā„  Program of the RAOR - Range Association of REALTORSĀ®. Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the Broker Reciprocityā„  logo or the Broker Reciprocityā„  thumbnail and detailed information about them includes the name of the listing brokers. Compass and its related brokerages is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass and its related brokerages, a broker Participant of the RAOR - Range Association of REALTORSĀ®. 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.