Sold
Last Sold Price
3 beds1,600 sqft$338/sqft
655 Point Dr, Ely, MN 55731
Single FamilyProperty Type
2.05 acresLot Size
2002Year Built
$338/sq ftPrice per sq ft
2 carsParking Spaces

Description

  • Listed by: • Ely Realty
Listing closed: 07/13/2023 12:00 AM • Source: NorthStar as distributed by MLS GRID, MLS#: 6368876

Recent comparable sales

Median sold price

$519,000

Avg days on market

79

Sale-to-list ratio

94.3%

Ely, MN

9 comparable properties found

$610,000 | 664 Riverview Road, Ely, MN 55731
1

$610,000

Sold 05/06/25

3
Bedrooms
1,537
Square Feet
1.77
Acres
$519,000 | 413 Sunset Road, Ely, MN 55731
1/78
2

$519,000

Sold 07/31/26

3
Bedrooms
1,320
Square Feet
1.1
Acres
$475,000 | 13359 Villa Road, Ely, MN 55731
1/51
3

$475,000

Sold 08/24/26

3
Bedrooms
1,248
Square Feet
0.98
Acres
$419,000 | 386 Garden Lake Road, Ely, MN 55731
1/76
4

$419,000

Sold 12/08/25

3
Bedrooms
2,281
Square Feet
5.02
Acres
$550,000 | 762 Kawishiwi Trail, Ely, MN 55731
1/2
5

$550,000

Sold 05/30/25

2
Bedrooms
2
Bathrooms
1,400
Square Feet
35
Acres
$710,000 | 540 Loop Road, Ely, MN 55731
1/21
6

$710,000

Sold 02/07/26

3
Bedrooms
3,160
Square Feet
2.6
Acres
$265,000 | 480 Kawishiwi Trail, Ely, MN 55731
1/47
7

$265,000

Sold 09/11/25

3
Bedrooms
1,693
Square Feet
1.40
Acres
$510,000 | 2263 Longstorff Road, Ely, MN 55731
1/50
8

$510,000

Sold 10/06/25

3
Bedrooms
1,581
Square Feet
9.5
Acres
$819,000 | 584 Riverview Road, Ely, MN 55731
1/37
9

$819,000

Sold 02/10/25

3
Bedrooms
2,108
Square Feet
2.4
Acres

Location

Listing Courtesy of Ely Realty
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Property Information for 655 Point Drive

Property Details
  • Taxes: $2,645 / year
  • MLS Type: Residential / Single Family Detached
  • County: Lake County
  • Architectural Style: Ranch
  • View: Lake, Panoramic
  • Waterfront Features: Lake Front
  • Waterfront YN: Yes
  • Zoning Jurisdiction: Residential-Single Family
Building Information
  • Year Built: 2002
  • Lot Size: 2.05 AC / 89,297 SF
Summary
Location and General Information
  • City Name: Fall Lake Twp
  • County Or Parish: Lake
  • County: Lake-MN
  • Directions: Highway 169 East from Ely, Right on Kawishiwi Trl, left on Garden Lake Resort Rd. Follow to Point Drive, second home on the left.
  • Latitude: 47.912154
  • Longitude: -91.732365
  • Nbr of Acres: 653
  • Lake Bottom: Hard, Rocky
  • Lake Chain: N
  • Lake Name: Recreational Development
  • PLAT: 55
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Ely
  • City and Location Text: Ely(MN)
  • Postal Code: 55731
  • State Or Province: MN
  • Public Survey Township: 63
  • Waterfront Property YN: No
  • Waterfront Footage: 38078200
  • Waterfront Frontage: 190
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 28637628040
  • Tax Annual Amount: $2,645.00
  • Tax Legal Description: LOT 4
  • Tax Other Annual Assessment Amount: $85.00
  • Tax Year: 2022
  • Tax With Assessments: 2645.0000
School Information
  • High School District: 381 - Lake Superior
  • School District Number: 381
  • School District Phone: 218-834-8216
Property
Lot Information
  • Above Grade Fin SQFT: 1600.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1600.0
  • Lot Features: Accessible Shoreline, BWCA Access, Irregular Lot, Many Trees, Underground Utilities
  • Lot Size Acres: 2.05
  • Lot Size Area: 2.05
  • Lot Size Dimensions: 417 x 190
  • Lot Size Square Feet: 89298.0
  • Lot Size Units: Acres
  • Other Structures: Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1600.0000
  • Building Area Total: 1600.0
  • Above Grade SqFt Total: 1600.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 23
Utilities
  • Electric: 200+ Amp Service
  • Sewer: Private Sewer
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs External, No Stairs Internal, Other
  • Exterior Features: Boat Slip, Deck, Dock
  • Fencing: None
  • Foundation Area: 1600.0
  • Foundation Details: N/A
  • Fuel: Electric
  • Road Frontage Type: Township
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years, Asphalt
Interior Features
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement Type: None
  • Bath Desc: Main Floor 3/4 Bath,Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 2
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: None
  • Dining Room Description: Kitchen/Dining Room
  • DP Resource: Y
  • Garage Square Feet: 768
  • Heating: Dual, Radiant Floor, Wood Stove
  • Interior Features: Eat In Kitchen, Garage Door Opener(s), Natural Woodwork, Tiled Floors, Drywall, Paneled, Main Floor Laundry, Dryer Hook-Ups, Washer Hookup
  • Levels: One
  • StoriesTotal: 1
  • Room Type: Living Room, Kitchen, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Laundry, Pantry (Walk-In)
  • Room List: Living Room, Kitchen, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Laundry, Pantry (Walk-In)
  • Basement YN: No
Room Information
Room 1
  • Room Description: Carpet Drywall
  • Room Dimensions: 17 X 13
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Description: Tile Floor Wood Cabinets Includes dining area
  • Room Dimensions: 19 X 10
  • Room Level: Main
  • Room Type: Kitchen
Room 3
  • Room Description: Views of the lake Carpet Entrance to small outside deck
  • Room Dimensions: 13 x 10
  • Room Level: Main
  • Room Type: Sun Room
Room 4
  • Room Description: Attached 3/4 master bath Carpet Closet Drywall Views of the lake
  • Room Dimensions: 14 x 13
  • Room Level: Main
  • Room Type: Bedroom 1
Room 5
  • Room Description: Carpet Drywall
  • Room Dimensions: 10 x 9
  • Room Level: Main
  • Room Type: Bedroom 2
Room 6
  • Room Description: Carpet Drywall
  • Room Dimensions: 10 x 13
  • Room Level: Main
  • Room Type: Bedroom 3
Room 7
  • Room Description: Tile floor Washer & Dryer hook-ups
  • Room Dimensions: 8 x 5
  • Room Level: Main
  • Room Type: Bathroom
Room 8
  • Room Description: Pantry and storage
  • Room Dimensions: 8 x 11
  • Room Level: Main
  • Room Type: Laundry
Room 9
  • Room Description: Full bath Tub, shower, vanity
  • Room Dimensions: 4 x 8
  • Room Level: Main
  • Room Type: Pantry (Walk-In)

Property History for 655 Point Drive

DateEvent & SourcePriceAppreciation
Jul 13, 2023

Sold (Public Record)

Public Record #1516076544

$540,000
Jul 13, 2023

Sold

NorthStar #6368876

$540,000
Jul 13, 2023

Sold

Lake Superior Area REALTORS #6107940

$540,000
DateEvent & SourcePrice
07/13/2023

Sold (Public Record)

Public Record #1516076544

$540,000
07/13/2023

Sold

NorthStar #6368876

$540,000
07/13/2023

Sold

Lake Superior Area REALTORS #6107940

$540,000

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

Public Records for 655 Point Drive

Taxable ValueLand$311,400Additions$213,300Total$524,700
Tax Record2025$3,584 ($299 / month)
Home Facts
Beds3Baths1.8Total Finished SqFt1,400 SqFtAbove Grade Finished SqFt1,400 SqFtStories1Lot Size89,298 SqFtStyleSingle Family ResidenceYear Built2002Year Renovated2005CountyLAKEAPN28-6376-28040

Schools near 655 Point Drive

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 655 Point Drive, Ely, MN 55731
$540,000
3
1,600
89,297
3
1.75
1,200
115,434
2
1
480
124,582
101,495
$39,500
156,816
150,282

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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 Ely Realty

Based on information submitted to the MLS GRID as of 05/06/2025 11:53 AM. 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.