631 Circle Dr

Ely, MN 55731

$805,000
Last Sold Price
3
Beds
2,373 Sq. Ft.
$339 / Sq. Ft.
2,373
Sq. Ft.
$339
per Sq. Ft.
Sold 1/16/26Virtual Tour
Sold 1/16/26Virtual Tour

Description

Located a short drive east of Ely is this magnificent 2 story lake home on Fall Lake! Fantastic views of Fall Lake...including views right into the BWCAW from your patio! This lovely home, built in 2012, has 3 bedrooms and 3 baths and is on a very scenic wooded parcel with approx. 1.5 acres and approx. 200 feet of shoreline on this fantastic "edge of the Boundary Waters" lake! Enjoy elevated views of the lake, see eagles frequently soaring overhead and roosting on the state owned island out front,...Located a short drive east of Ely is this magnificent 2 story lake home on Fall Lake! Fantastic views of Fall Lake...including views right into the BWCAW from your patio! This lovely home, built in 2012, has 3 bedrooms and 3 baths and is on a very scenic wooded parcel with approx. 1.5 acres and approx. 200 feet of shoreline on this fantastic "edge of the Boundary Waters" lake! Enjoy elevated views of the lake, see eagles frequently soaring overhead and roosting on the state owned island out front, and paddle or motor right into the BWCAW right from your dock! The main floor has 9 foot ceilings and a large open concept living and dining room that flows right into the large kitchen with tons of counter space and top-quality cabinets. Enjoy the fantastic views out the tall windows and sliding glass door toward the large patio and lake. Also, a main floor bedroom that faces the lake with a private full bath with jacuzzi tub! Half bath, large utility room with washer and dryer, and 4 season porch round out the main floor. The 2nd floor has a large great room with pine vaulted ceilings that faces the lake and an additional back portion of it with a portable sliding wall that can be used to make it a private room, or extra sleeping space. 2 more large bedrooms and another full bath are here as well. Plus a large 2nd floor deck! Also a huge storage room over the attached garage that is great for storing so many things! Other features include the attached 2 stall garage, a sauna behind the house, large patio and entertaining area facing the lake, maintenance free top-quality siding, nice stairs to the lake-where there is a large dock and boat storage! This property would be great to live in year 'round, or use as your 4 season Ely area getaway. Drilled well, mound septic system, private driveway, storage shed. Fall Lake is 6 miles long and the northern quarter of the lake is in the famous Boundary Waters Wilderness Area, with motors being allowed on all of Fall Lake (25 HP in the BWCAW portion and unlimited on the rest of the lake). From Fall, you can wheel portage to Basswood Lake.. and the US/Canada border. Great fishing! Property faces N/NW and allows great viewing of the active northern lights activity. This is a great property just 10 minutes from Ely! Check out this Youtube Channel for footage of the night sky(including some amazing Northern Lights!) of this listing: https://youtube.com/@larryolson6464? si=6Wa-Cg7a-Lrk7vRT
  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 631 Circle Drive

Architectural Style
Other
View
Inland Lake, Panoramic
Waterfront Features
Inland Lake
Waterfront YN
Yes
LISTING UPDATED: 01/21/2026 07:04 PM

Property Details for 631 Circle Drive

StatusSold
MLS #6120784
Days on Compass134
Taxes$8,403 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built2012
Lot Size1.54 AC / 67,082 SF
CountyLake County

Location

Listing Courtesy of Bear Island Realty LLC

Sold By Bear Island Realty LLC

Add your commute

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Building Information for 631 Circle Drive

Stories2Year Built2012Building Size-Lot Size1.54 AC / 67,082 SF

Payment Calculator

$4,624 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,923

Property Taxes

$700

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 631 Circle Drive

Summary
Location and General Information
  • Directions: From Ely travel east on Hwy 169 to Winton where the road changes to the Fernberg Road. Follow the Fernberg Road To Fall Lake Rd. Turn left and follow to the second Circle Drive. Turn onto Circle Dr. and follow to 631.
  • Latitude: 48
  • Longitude: -92
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Hard,Rocky,Elevation-High
  • Waterfront Access: Private
  • Waterfrontage Feet: 200
  • MLSArea Major: LSAR
  • Road Frontage Type: Private Road, Unpaved
  • Road Responsibility: Public Maintained Road
  • Township: Fall Lake
  • Zoning Description: Residential
Parking
  • Garage Spaces: 2.0
  • Garage Dimensions: 28 x 24
  • Garage Features: Electrical Service,Insulation
  • Garage Type: Attached
  • Parking Features: Gravel
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 8488
  • Parcel Number: 28-6369-01090
  • Tax Annual Amount: $8,403.00
  • Tax Legal Description: Lot 9, Block 1, Auditor's Plat 19, Sec. 16, T63N, R11W
  • Tax Year: 2025
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Property
Lot Information
  • Above Grade Finished Area: 2373.0
  • Below Grade Finished Area: 0.0
  • Living Area: 2373.0
  • Lot Features: Accessible Shoreline, Tree Coverage - Heavy, High
  • Lot Size Acres: 1.54
  • Lot Size Dimensions: 320 x 200
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 45 x 25
  • Other Structures: Sauna
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: 2012
Utilities
  • Sewer: Private Sewer, Mound Septic
  • Water Body Name: Fall
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Partially Wheelchair, Doors 36"+
  • Construction Materials: Composition
  • Exterior Features: Deck, Dock, Patio
  • Foundation Details: N/A
  • Roof: Asphalt Shingle
  • Stories Total: 2
Interior Features
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Slab
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Forced Air, In Floor Heat, Wood, Propane, Electric
  • Interior Features: Ceiling Fan(s), Garage Door Opener(s), Vaulted Ceiling(s), Drywall, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hookup
  • Bath Description: Full Master,1/2 Main Floor,Full Upper
  • Dining Room Type: Combine with Living Room
  • Extra Rooms: Utility Room,4 Season Porch,Great Room
  • Main Floor Bedroom: 1
  • Mechanicals: Water Heater-Electric
Room Information
Room 1
  • RoomDescription: Combined with Dining Room
  • RoomLength: 29.5
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 13.0
Room 2
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 11.5
Room 3
  • RoomLength: 14.5
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 12.0
Room 4
  • RoomDescription: with Jacuzzi tub/shower
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 6.0
Room 5
  • RoomDescription: Insulated with an electric heater
  • RoomLevel: Main
  • RoomType: Four Season Porch
Room 6
  • RoomLength: 8.5
  • RoomLevel: Main
  • RoomType: Utility Room
  • RoomWidth: 8.0
Room 7
  • RoomLength: 5.5
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 3.5
Room 8
  • RoomDescription: Plus another 16 x11 area that can be used as a Bedroom. Has plumbing for a wet bar.
  • RoomLength: 29.5
  • RoomLevel: Second
  • RoomType: Great Room
  • RoomWidth: 14.0
Room 9
  • RoomLength: 14.5
  • RoomLevel: Second
  • RoomType: Bedroom
  • RoomWidth: 11.0
Room 10
  • RoomLength: 14.5
  • RoomLevel: Second
  • RoomType: Bedroom
  • RoomWidth: 11.0
Room 11
  • RoomDescription: Full Bath
  • RoomLength: 10.0
  • RoomLevel: Second
  • RoomType: Bathroom
  • RoomWidth: 5.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2025-07-17
  • 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 631 Circle Drive

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Sold

Lake Superior Area REALTORS #6120784

$805,000—
Nov 28, 2025

Pending

Lake Superior Area REALTORS #6120784

—
Nov 27, 2025

In Contract

Lake Superior Area REALTORS #6120784

—
Aug 18, 2025

Price Change

Lake Superior Area REALTORS #6120784

$849,000—
Jul 17, 2025

Listed (Active)

Lake Superior Area REALTORS #6120784

$899,000—
Sep 27, 2010

Sold (Public Record)

Public Record #1095272904

$177,500—
DateEvent & SourcePrice
01/16/2026

Sold

Lake Superior Area REALTORS #6120784

$805,000
11/28/2025

Pending

Lake Superior Area REALTORS #6120784

—
11/27/2025

In Contract

Lake Superior Area REALTORS #6120784

—
08/18/2025

Price Change

Lake Superior Area REALTORS #6120784

$849,000
07/17/2025

Listed (Active)

Lake Superior Area REALTORS #6120784

$899,000
09/27/2010

Sold (Public Record)

Public Record #1095272904

$177,500

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

Public Records for 631 Circle Drive

Taxable ValueLand$198,600Additions$865,600Total$1,064,200
Tax Record2025$8,488 ($707 / month)
Home Facts
Beds3Total Finished SqFt1,927 SqFtAbove Grade Finished SqFt1,927 SqFtStories2Lot Size60,984 SqFtStyleSingle Family ResidenceYear Built2012Year Renovated2015CountyLAKEAPN28-6369-01090Fireplace TypeHas Fireplace

Schools near 631 Circle Drive

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
William Kelley Elementary School
Public - PK to 6
Kelley Secondary
Public - 7 to 12
Rating
School
Distance
William Kelley Elementary School
PublicPK to 6

Kelley Secondary
Public7 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 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. Subject to change at any time. Compass makes 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 01/21/2026 07:04 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.