469 Sunset Rd, Unit 5

Ely, MN 55731

$275,000
Last Sold Price
3
Beds
1,150 Sq. Ft.
$239 / Sq. Ft.
1,150
Sq. Ft.
$239
per Sq. Ft.
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Sold 7/5/23
Sold 7/5/23

Description

Unique opportunity to own an affordable cabin in Ely with use of over 600 feet of West facing shoreline and awesome sunsets. Very well kept 3 bedroom fully furnished cabin conveniently located just 5 miles from town on excellent roads. Many upgrades and improvements over the last several years. This is an LLC shared ownership with this unit owning approximately 9.85 % of the LLC which represents the owners cabin and their share of the other "common property". Fully improved. Water, power, septic...Unique opportunity to own an affordable cabin in Ely with use of over 600 feet of West facing shoreline and awesome sunsets. Very well kept 3 bedroom fully furnished cabin conveniently located just 5 miles from town on excellent roads. Many upgrades and improvements over the last several years. This is an LLC shared ownership with this unit owning approximately 9.85 % of the LLC which represents the owners cabin and their share of the other "common property". Fully improved. Water, power, septic and LP gas. Grounds and general maintenance included in the reasonable quarterly maintenance fee. This is not a fractional share. Cabin use only by this specific shareholder, their family and friends. No rentals allowed or required.
  1. Listed by Kerry F Davis • Canoe Capital Realty, LLC
    P: (218)-235-1084 kerryccr@gmail.com

Property Details for 469 Sunset Road, Unit 5

Architectural Style
Traditional
Waterfront Features
Inland Lake
Waterfront YN
Yes
LISTING CLOSED: 07/05/2023 12:00 AM

Property Details for 469 Sunset Road, Unit 5

StatusSold
MLS #6108285
Days on Compass23
Taxes$1,220 / year
HOA Fees$1,400 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1950
Lot Size3.58 AC / 155,944 SF
CountyLake County
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Location

Listing Courtesy of Canoe Capital Realty, LLC

Sold By Keller Williams Classic Realty - Duluth

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Building Information for 469 Sunset Road, Unit 5

Stories1Year Built1950Building Size-Lot Size3.58 AC / 155,944 SF

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$1,589 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,370

Property Taxes

$102

HOA Dues

$117

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Property Information for 469 Sunset Road, Unit 5

Summary
Location and General Information
  • Directions: Travel east of Ely to Kawishiwi Trail. Go approximately 3 mile (must go over Silver Rapids bridge) to Sunset Rd on the right. Turn right on to Sunset road and go about a 1/4 miles to the property. You will see the Sunset Lodge sign. Turn right and continue through the development and the cabin wil be the last one on the left before reentering Sunset Rd.
  • Latitude: 48
  • Longitude: -92
  • Lake Acres: 3400
  • Lake Chain: Yes
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Sand
  • Waterfront Access: Shared
  • Waterfrontage Feet: 632
  • MLSArea Major: LSAR
  • Road Frontage Type: Private Road
  • Township: Fall Lake
Parking
  • Garage Spaces: 0.0
  • Garage Type: None
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association Amenities: Beach
  • Association Fee: $350.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Dock Maintenance, Exterior Maintenance, Management, Shared Amenities, Snow Removal, Water, Lawn Care
  • Association YN: Yes
  • Taxes With Assessments: 1220
  • Parcel Number: 28-6311-32920
  • Tax Annual Amount: $1,220.00
  • Tax Legal Description: To lengthy see listing office for complete legal.
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Finished Area: 1150.0
  • Below Grade Finished Area: 0.0
  • Living Area: 1150.0
  • Lot Features: Accessible Shoreline, BWCA Access
  • Lot Size Acres: 3.58
  • Lot Size Dimensions: 632x246
  • Basement Square Feet: ***
  • Chain Acreage: 9000
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 18x36 irregular
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 0
  • Land Access: ***
  • Possession: Negotiable
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 1950
Utilities
  • Sewer: Private Sewer, Shared
  • Water Body Name: White Iron
  • Water Source: Private, Shared
Multi Family
Income & Expenses
  • Separate Insurance Fee: Yes
  • Separate Insurance Fee Amount: 470
  • Separate Insurance Fee Frequency: Yearly
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Exterior Features: Boat Slip
  • Foundation Details: N/A
  • Roof: Metal
  • Stories Total: 1
Interior Features
  • Basement: Posts
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Wall Unit(s), Propane
  • Basement Features: N/A
  • Bath Description: 3/4 Main Floor
  • Main Floor Bedroom: 1
Room Information
Room 1
  • RoomDescription: Kitchen and dining together
  • RoomLength: 10.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 13.0
Room 2
  • RoomDescription: Kitchen, dining and living room all flow together. Very open floor plan
  • RoomLength: 22.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 17.0
Room 3
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Primary Bedroom
  • RoomWidth: 12.0
Room 4
  • RoomLength: 11.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 9.0
Room 5
  • RoomLength: 11.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 12.0
Room 6
  • RoomLength: 8.0
  • RoomLevel: Main
  • RoomType: Sun Room
  • RoomWidth: 12.0
Room 7
  • RoomLength: 7.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 6.0
Room 8
  • RoomLength: 8.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 6.5
Room 9
  • RoomLength: 18.0
  • RoomLevel: Main
  • RoomType: Deck
  • RoomWidth: 12.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2023-05-26
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Minnesota Power,Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Common
  • Lender Owned: No
  • Rental License: No

Property History for 469 Sunset Road, Unit 5

DateEvent & SourcePriceAppreciation
Jul 5, 2023

Sold

Lake Superior Area REALTORS #6108285

$275,000—
Jun 17, 2023

Pending

Lake Superior Area REALTORS #6108285

—
May 25, 2023

Listed (Active)

Lake Superior Area REALTORS #6108285

$299,900—
DateEvent & SourcePrice
07/05/2023

Sold

Lake Superior Area REALTORS #6108285

$275,000
06/17/2023

Pending

Lake Superior Area REALTORS #6108285

—
05/25/2023

Listed (Active)

Lake Superior Area REALTORS #6108285

$299,900

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

Schools near 469 Sunset Road, Unit 5

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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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 Canoe Capital Realty, LLC

Based on information submitted to the MLS GRID as of 09/08/2025 06:14 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.