$279,900
- 1 Bed
- 1.5 Baths
- 800 sqft
116 Fall Lake Dr, Ely, MN 55731
Est. Mortgage $1,821/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1980
$350/sqft
Garage
Local Information
-- mins to
About this House
Relaxing haven with views of Shagawa Flowage. River is just a short paddle to Fall Lake & the BW beyond. Private yard, with mature tree canopy, is shielded from the street by house & garage for a courtyard atmosphere; complemented by raised veggie/flower beds, firepit & 3 season gazebo. Endless hours can be spent here listening & watching the antics of wildlife along the shoreline. Simplicity & relaxation continues into the home with original hardwood floors & spacious sized rooms, plus 2 baths! Tinkering can occur in insulated/heated workshop of 20’ x 22’ detached garage. To the east, property overlooks both sides of Shagawa Flowage, a vital waterfowl migration area; to the north, it abuts gov’t land’s heavily treed buffer. Located near the Fernberg Trail corridor for easy BW access, but yet only 5 minutes to Ely. Affordable in-town amenities & taxes ………… It’s almost stress free!
Last check for updates: about 9 hours ago
Listing courtesy of Wendy S Johnson, (218) 349-7731
Keller Williams Classic Realty NW - Ely
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6127075

Home Details for 116 Fall Lake Dr
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Interior Details Number of Rooms: 5Types of Rooms: Bedroom, Bathroom, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 800 Square Feet |
Appliances & Utilities Appliances: Water Heater-Electric, Dryer, Range, Refrigerator, WasherDryerLaundry: Main LevelRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,PropaneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Minnesota Power |
Windows, Doors, Floors & Walls Window: Wood FramesFlooring: Hardwood Floors |
Levels, Entrance, & Accessibility Number of Stories: 1Floors: Hardwood Floors |
View Has a ViewView: Bay, River |
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Exterior Home Features Roof: Asphalt ShingleFencing: PartialOther Structures: Gazebo, Workshop, OtherExterior: Water Feature |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Off Street,Asphalt,Detached,Electrical Service,Heat,Insulation,Slab |
Frontage Waterfront: Shoreline Characteristics(Shore-Accessible)Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 800 Square Feet |
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Cumulative Days on Market: 7Days on Market: 45 |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Wood, Frame/Wood |
Property Information Condition: Previously OwnedParcel Number: 190001002290 |
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Price List Price: $279,900Price Per Sqft: $350 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE |
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Direction & Address City: Winton |
School Information High School District: Ely #696 |
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Listing Agent Listing ID: 6127075 |
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No HOA |
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Lot Area: 7405.2 sqft |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 6127075Water ViewWater View: Bay, RiverAttribution Contact: ***Above Grade Unfinished Area: 800 |
Around this home
Market trends in Winton
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Home Value
Trulia Estimate
$261KSince last month
Increased$400 (+0.2%)Since last year
Increased$400 (+0.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $261K |
| August 2026 | $261K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.45 | Single-Family Home | $415,000 | 03/06/26 | 2 | 1 | 1,088 | |
1.79 | Single-Family Home | $250,000 | 12/18/25 | 3 | 2 | 1,728 | |
1.81 | Single-Family Home | $370,000 | 10/01/25 | 4 | 2.5 | 1,175 | |
1.81 | Single-Family Home | $130,000 | 07/31/26 | 3 | 1 | 1,373 | |
2.05 | Single-Family Home | $210,000 | 07/27/26 | 2 | 1 | 1,215 | |
1.46 | Single-Family Home | $205,000 | 02/20/26 | 3 | 3 | 3,048 | |
2.29 | Single-Family Home | $626,000 | 05/01/26 | 2 | 2 | 1,258 | |
1.77 | Single-Family Home | $419,000 | 12/08/25 | 3 | 2 | 2,281 | |
1.70 | Single-Family Home | $640,000 | 07/17/26 | 4 | 3 | 3,336 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $366,500 | 3 | - | 688 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.07 | $132,300 | 3 | 1.5 | 1,350 | Off Market | |
0.08 | $120,900 | 1 | 1 | 1,008 | Off Market | |
0.13 | $58,000 | 1 | 1 | 280 | Off Market | |
0.20 | - | 6 | 2 | 2,700 | Off Market | |
0.24 | $99,500 | 3 | 1 | 1,384 | For Sale | |
0.25 | $156,900 | 3 | 1 | 1,035 | Off Market | |
0.35 | $128,900 | 2 | 2 | 1,060 | Off Market | |
0.40 | $118,400 | 2 | 2 | 765 | Off Market | |
0.43 | $350,900 | 3 | 2 | 1,586 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6127075 | Listed For Sale | $279,900 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Wendy S Johnson, Keller Williams Classic Realty NW - Ely
Agent Phone: (218) 349-7731

Based on information submitted to the MLS GRID as of 2026-09-13 23:47:32 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 116 Fall Lake Dr
- What is the estimated monthly payment for 116 Fall Lake Dr?Based on a $279,900 list price with 20% down at today's rates, the estimated monthly payment for 116 Fall Lake Dr in Ely, MN is approximately $1,845 (about $1,520 principal & interest, $250 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 116 Fall Lake Dr?The closest schools to 116 Fall Lake Dr in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
- What is 116 Fall Lake Dr estimated to be worth?Trulia's estimated value for 116 Fall Lake Dr in Ely, MN is $260,800.
- Does 116 Fall Lake Dr have laundry facilities?Yes, 116 Fall Lake Dr in Ely, MN has in-unit laundry.
- How big is the lot at 116 Fall Lake Dr?The lot at 116 Fall Lake Dr in Ely, MN is about 0.17 acres (7,405 sq ft).
- Does 116 Fall Lake Dr have a garage?Yes, 116 Fall Lake Dr in Ely, MN has a garage.
116 Fall Lake Dr, Ely, MN 55731 is a 1 bedroom, 2 bathroom, 800 sqft single-family home built in 1980. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Jul 31, 2026. The MLS # for this home is MLS# 6127075.

