X Waters Is, Ely, MN, 55731
About This Home
With 15.6 acres and 1,400ft of sunny, southwest-facing shoreline, this is a once in a generation offering! Finely handcrafted wooden cabins and exotic yurts nestle in an enchanted grove of towering Norway pines. Enjoy breathtaking sunset vistas from huge granite bluffs across clear, spring-fed waters. Canoe or kayak to the BWCA. Catch giant lake trout in water over 120 feet deep, right in front of your dock! Drive the mint 1956 CrestLiner speedboat five minutes to your own secluded, mainland dock with a spacious flat parking area. An easy seven paved and scenic miles to the charming and artistic town of Ely with its shopping and cafes. Forty minutes by car to the Hibbing airport. Don’t miss this unique opportunity! Schedule a visit today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Previously Owned
- Year built: 1997
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
- Construction materials: Wood,Frame/Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater-Electric,Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer
- Laundry features: Dryer Hook-Ups,Washer Hookup
Basement
- Has basement: Yes
- Basement: N/A
Bedroom
- Level: Main
- Area: 192
- Dimensions: 12 x 16
Bedroom
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom
- Level: Main
- Area: 400
- Dimensions: 20 x 20
Bedroom
- Level: Main
- Area: 256
- Dimensions: 16 x 16
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 80
- Dimensions: 8 x 10
Family Room
- Level: Main
- Area: 576
- Dimensions: 24 x 24
Features
- Ceiling Fan(s),Natural Woodwork,Vaulted Ceiling(s)
- Window features: Skylight(s)
- Flooring: Hardwood Floors,Tiled Floors
- Number of fireplaces: 1
- Fireplace features: Free Standing
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,146
Heating & Cooling
- Heating features: Fireplace(s),Wood
- Cooling features: None
Interior Area
- Total interior livable area: 2,146 sqft
Kitchen
- Level: Main
- Area: 84
- Dimensions: 7 x 12
Living Room
- Level: Main
- Area: 575
- Dimensions: 23 x 25
Property
Details
- Parcel number: 465004003236
- Foundation area: 2116
Features
- Patio & porch: Deck
- On waterfront: Yes
- Waterfront features: Inland Lake,Waterfront Access(Private),Shoreline Characteristics(Rocky,Sand)
- Waterbody name: Burntside
- Frontage length: 1400
Lot
- Lot size: 15.60 Acres
- Features: Irregular Lot,Many Trees
- Lot size dimensions: 1379 x 1400
Parking
- Parking features: Gravel,None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Lightning
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in St. Louis County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,014 | $96,168 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $1,347 | $16,164 |
| Electricity | $180 | $2,171 |
| Total | $9,707 | $116,484 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $1,585,000 |
View on Zillow