Ready to make this dream estate your legacy? Burntside Lake Home on Outlet Bay in Ely is now available. Whether watching trout swim upstream, observing eagles dive for fish, or enjoying the serenity of the woodland surroundings, you'll find countless reasons to stay and call Greystone home. Unparalleled living experience in Ely, MN. This one-of-a-kind custom home 5BR/6BA home is being offered for the very first time. Nestled on a sprawling 20-acre estate, this property boasts 1155 ft of pristine shoreline along Burntside Lake's Outlet Bay and the Burntside River. Surrounded by the beauty of nature, this estate is designed for those who seek both luxury and adventure. Greystone offers many features, too many to list, but include: 2 double sided Tulikivi green soapstone fireplaces (one with a pizza oven), two laundry rooms (main floor and 2nd flr), elevator, secret underground passage to the garage and guest rooms, outdoor kitchen, boathouse with patio, walking paths, pole bldg, She Shed /Potting Shed, reclaimed hardwood floors, wood paneled walls, Creston Security System, Folding Marvin Windows with electronic screens, real stone facade, Fir Douglas flooring, knotty alder custom cabinets, and the list keeps going!
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Washington Elementary School
600 E Harvey St
Distance between this listing and this school7.61 miles
Public District Grades PK-5
2
/10
Tower-Soudan Elementary School
415 2nd St N
Distance between this listing and this school13.02 miles
Public District Grades PK-6
4
/10
Babbit Elementary School
30 South Dr
Distance between this listing and this school13.21 miles
Public District Grades PK-6
Nearby Schools
4
/10
Memorial Middle School
600 E Harvey St
Distance between this listing and this school7.61 miles
Public District Grades 6-8
Nearby Schools
8
/10
Memorial High School
600 E Harvey St
Distance between this listing and this school7.61 miles
Public District Grades 9-12
7
/10
Northeast Range Secondary School
30 South Dr
Distance between this listing and this school13.20 miles
Public District Grades 7-12
4
/10
Mesabi East Secondary School
601 N 1st St W
Distance between this listing and this school26.88 miles
The neighbors living near this home have an average income of $62,745. Typical income of Ely, MN residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3231 Wolf Lake Rd
What is the listing price of this property?
The listing price of 3231 Wolf Lake Rd property is $4,500,000.
What type of property is this?
The property 3231 Wolf Lake Rd is a house located in Ely, Minnesota, 55731.
Is this property for sale now?
Active Listing: 3231 Wolf Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $13,328 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 16, 2006 for $900,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3231 Wolf Lake Rd has 5 bedrooms and 2 full and 2 half bathrooms.
What is the square footage of this property?
The property 3231 Wolf Lake Rd is 5,250 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3231 Wolf Lake Rd is 2007.
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This home is located at 3231 Wolf Lake Rd in Ely, MN and zip code 55731. This 5,250 square foot home, which was built in 2007, sits on a 20.00 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $4,500,000.
In November 2024 more than 0 listings in Ely, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. Between October 2024 and November 2024, Ely, MN real estate market has seen decrease in the number of listings by 16.7%. Listings spent 68 days on the market in November 2024, and had a median list price of $199,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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