For Sale: Ely MLS# 6653751
Active
NEW!
$1,495,000
Single Family: 1.5 Stories
4 br • 3 ba • Built 2023
2,846 sqft • 2.4 acres
Lake Superior schools
MLS# 6653751
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Property Description
Once in a lifetime, gem property only available due to a job change! Nearly new, custom built 1-1/2 story year-round lake home, 4 bed, 3 bath, 3 car garage, sits on 2.4 acres on the shores of Farm Lake, with 212 feet of level shoreline! Amazing wooded lot with very gradual elevation to the lake (no stairs to get to the dock!) and beautiful views from every window(south facing to the loake)! With this much amazing nature and wildlife it is hard to believe that you are only 5 miles from the quaint town of Ely with an array of shops, restaurants and live music. This home will stun from the moment you walk in the door, with vaulted ceilings over the Great Room, beautiful 2 story stone fireplace, custom 2 story Marvin windows to view lake and sky. Great open floor plan with large chefs kitchen that feature custom cabinetry, leathered granite countertops, stainless appliances, wall oven, custom venthood above the range and a pantry, as well as a large island! Open to the dining area with access to the large patio for outdoor dining and relaxing. There's also a beautiful sunroom with a stone fireplace to enjoy your morning coffee or curl up with a good book! Main floor primary suite with large windows for amazing day time and night time views, as well as a walk-in closet, ensuite bath with double sinks and tiled walk-in shower! There is a mud room/laundry room with built in cubby system right off the oversized 3 car heated garage for added convenience. Luxury plank flooring and tile throughout the main level with in-floor heat (as well as forced air and central AC). The upper level has an amazing family room with open loft for spectacular views of the lake and woods! There are also 2 bedrooms on the upper level, as well as another flex room -- bunk room, bedroom, office, craft room, you decide! There is a full bathroom and dual vanity upstairs as well! Back outside along with the amazing nature views, this home shines with its Smart LP engineered wood siding, stonework, a porch, a patio and a flagstone firepit area with a path to the dock and lake! There is a storage shed. Compliant septic system and well. This property is a boater/fisherman's paradise, Farm Lake itself is over 1200 acres with restaurants and resorts on the lake, access to the White Iron Chain of lakes more than 6, 000 acres, The Kawishiwi River and direct access to the BWCA, you will never tire of the lake! Don't miss another day in this paradise!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,495,000
Price per sq ft:
$525
Property Type:
Single Family
City:
Ely
Garage Spaces:
3
County:
Lake
Year Built:
2023
State:
MN
Property Style:
1.5 Stories
Zip Code:
55731
Subdivision Name:
Farm Lake Estates
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
2,846 ft2
Total Fireplaces:
2
Living Area:
2,846 ft2
Common Wall:
No
Appliances Included:
- Air-To-Air Exchanger
- Dishwasher
- Double Oven
- Dryer
- Exhaust Fan
- Fuel Tank - Rented
- Gas Water Heater
- Iron Filter
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Tankless Water Heater
- Wall Oven
- Washer
- Water Softener Owned
Fireplace Details:
- Circulating
- Gas
- Living Room
- Stone
Basement Details:
None
Exterior
Stories:
One and One Half
Garage Spaces:
3
Garage Dimensions:
37x24
Garage Size:
888 ft2
Air Conditioning:
Central Air
Foundation Size:
1,754 ft2
Fencing:
None
Handicap Accessible:
None
Out Buildings:
Storage Shed
Road Responsibility:
Private Maintained Road
Heating System:
- Fireplace(s)
- Forced Air
- Radiant Floor
Parking Features:
- Attached Garage
- Electric
- Finished Garage
- Floor Drain
- Garage Door Opener
- Heated Garage
- Insulated Garage
- Storage
Unit Amenities:
- Ceiling Fan(s)
- Dock
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Natural Woodwork
- Paneled Doors
- Panoramic View
- Patio
- Porch
- Primary Bedroom Walk-In Closet
- Satelite Dish
- Sun Room
- Tile Floors
- Vaulted Ceiling(s)
- Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
Private Road
Exterior Material:
- Brick/Stone
- Engineered Wood
Pool:
None
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
1
Bathroom Details:
- 3/4 Primary
- Bathroom Ensuite
- Double Sink
- Main Floor 1/2 Bath
- Main Floor 3/4 Bath
- Private Primary
- Upper Level Full Bath
Dining/Kitchen:
Informal Dining Room
| Upper Level | Size | Sq Ft |
|---|---|---|
| Family Room | 14 x 17 | 238 |
| Bedroom 2 | 10 x 16 | 160 |
| Bedroom 3 | 13 x 14 | 182 |
| Flex Room | 10 x 24 | 240 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Living Room | 18 x 18 | 324 |
| Dining Room | 10 x 13 | 130 |
| Kitchen | 18 x 18 | 324 |
| Foyer | 8 x 10 | 80 |
| Sun Room | 16 x 13 | 208 |
| Bedroom 1 | 14 x 15 | 210 |
| Mud Room | 9 x 16 | 144 |
| Patio | 12 x 24 | 288 |
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Farm
Waterfront View:
Lake, Panoramic, South
DNR Lake ID#:
38077900
WF Frontage:
212
Elev Highpt to WF feet:
4-10
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
1291
Lake Depth:
56
Waterfront:
- Dock
- Lake Front
- Lake View
Lake Bottom:
Rocky
Lot & Land
Acres:
2.4
Geolocation:
47.909167, -91.740798
Lot Dimensions:
536 x 71 x 132 x 533 x 178 x 22
Zoning:
- Residential-Single Family
- Shoreline
Lot Description:
- Accessible Shoreline
- BWCA Access
Schools
School District:
381
District Phone:
218-834-8216
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,649
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,649
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
- Electric
- Propane
Sewer System:
- Mound Septic
- Private Sewer
- Septic System Compliant - Yes
Water System:
- Drilled
- Private
- Well
Power Company Name:
Minnesota Power
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Realty Group LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.