1315 N  18th Ave E, Ely, MN 55731
FOR SALENEW CONSTRUCTION0.5 ACRES

1315 N 18th Ave E
Ely, MN 55731

  • 2 Beds
  • 3 Baths
  • 1,766 sqft (on 0.50 acres)
  • 2 Beds
  • 3 Baths
  • 1,766 sqft (on 0.50 acres)

$674,000

Original price: $699,000
Est. Mortgage $4,207/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Beautiful, newly built custom home ideally located in Ely’s Spaulding Addition nestled along the shores of Shagawa Lake! Delight in all the comforts of year round lakeshore living with the added convenience of city sewer and water. This clean and fresh 2 bedroom, 3 bath contemporary home is aesthetically pleasing with a bright and neutral design. Great room with dramatic vaulted ceilings gracefully pulls together kitchen/living/dining as well as a modern loft flex space – all with an impressive, elevated view of the lake. Granite countertops, sparkling light fixtures, and wood grain vinyl flooring throughout. Luxurious, lakeside primary bedroom en suite with ample storage and walk in closet. Convenient laundry room and half bath complete the upper level. Entry level second bed and bath, extra storage/utility room and spacious tuck under heated garage. Step outside and facing the lake you will find an upper level walkout balcony, as well as a ground level deck, screen porch and 8' x 10' storage shed. Nice level lot with 107’ shoreline and a sandy swimming beach. Lots of water to explore on Shagawa Lake, a great year round recreational lake for fishing, swimming, and boating. New construction doesn’t come on the market often here – this is your perfect opportunity to spend your days at your very own slice of heaven in beautiful Northern Minnesota!

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
A/C
Heating only
HOA
None
Price/Sqft
$382
Listed
84 days ago

Home Details for 1315 N 18th Ave E

Interior Features

Interior Details
Basement: N/A,NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (three quarters): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1766 Square FeetFoundation Area: 1156
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, WasherDishwasherDryerLaundry: 2nd Floor Laundry,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Radiant,ElectricHas HeatingHeating Fuel: Radiant
Fireplace & Spa
Number of Fireplaces: 1Fireplace: ElectricHas a Fireplace
Gas & Electric
Electric: City Of Ely
Windows, Doors, Floors & Walls
Door: Patio Door
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: Inland Lake

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PatioVegetation: Partially WoodedOther Structures: StorageExterior: Balcony
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Gravel,Garage Door Opener,Attached
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Sand, Shore-Accessible, Elevation-Medium)Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Shagawa
Farm & Range
Frontage Length: 107
Finished Area
Finished Area (above surface): 1766 Square Feet

Days on Market

Days on Market: 84

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Frame/Wood, Other, DrywallsIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 030029001970, 030050000024

Price & Status

Price
List Price: $674,000Price Per Sqft: $382
Status Change & Dates
Possession Timing: Immediate

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Ely
School Information
Elementary School District: Ely #696Jr High / Middle School District: Ely #696High School District: Ely #696

Agent Information

Listing Agent
Listing ID: 6112142

Building

Building Area
Building Area: 1766 Square Feet

Lot Information

Lot Area: 0.50 acres

Compensation

Buyer Agency Commission: 2.7Buyer Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 6112142Water ViewWater View: Lake
Last check for updates: about 13 hours ago
Listing courtesy of Lori Schulze, (218) 343-1787
Keller Williams Classic Realty NW - Ely
Heather Franciskovich, (218) 235-3895
Keller Williams Classic Realty NW - Ely
Source: Lake Superior Area Realtors, MLS#6112142

Price History for 1315 N 18th Ave E

DatePriceEventSource
03/28/2024$674,000PriceChange
Lake Superior Area Realtors #6112142
02/04/2024$699,000Listed For SaleLake Superior Area Realtors #6112142
12/09/2023ListingRemovedLake Superior Area Realtors #6108757
07/19/2023$699,000PriceChange
Lake Superior Area Realtors #6108757
07/12/2023$749,000PriceChange
Lake Superior Area Realtors #6108757
06/15/2023$779,000Listed For SaleLake Superior Area Realtors #6108757

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Property Taxes and Assessment

Year2022
Tax$56
Assessment$6,900
Home facts updated by county records

Comparable Sales for 1315 N 18th Ave E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Single-Family Home
$450,000
08/28/23
6
5
2,432
0.27
Single-Family Home
$360,000
08/25/23
4
3
3,154
0.84
Single-Family Home
$167,000
11/30/23
3
3
1,800
0.99
Single-Family Home
$215,000
04/11/24
3
2
1,560
1.02
Single-Family Home
$258,000
09/15/23
3
3
4,125
0.73
Single-Family Home
$765,000
09/13/23
4
3
3,128

What Locals Say about Ely

  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
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  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
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  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
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  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
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  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
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LGBTQ Local Legal Protections

Lori Schulze, Keller Williams Classic Realty NW - Ely
Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
Copyright 2024 – Lake Superior Area REALTORS, Inc.® MLS – All Rights Reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1315 N 18th Ave E, Ely, MN 55731 is a 2 bedroom, 3 bathroom, 1,766 sqft single-family home built in 2021. This property is currently available for sale and was listed by Lake Superior Area Realtors on Feb 4, 2024. The MLS # for this home is MLS# 6112142.