116 Fall Lake Dr, Ely, MN 55731
Property image
Property image
FOR SALE

$279,900

  • 1 Bed
  • 1.5 Baths
  • 800 sqft

116 Fall Lake Dr, Ely, MN 55731

Est. Mortgage $1,821/mo*
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Home Highlights

Single-Family Home
Built in 1980
$350/sqft
Garage

Local Information

  • Map ViewExplore the area around 116 Fall Lake Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 7Days on Market: 45

Property Information

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

Price & Status

Price
List Price: $279,900Price Per Sqft: $350
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Winton
School Information
High School District: Ely #696

Agent Information

Listing Agent
Listing ID: 6127075

HOA

No HOA

Lot Information

Lot Area: 7405.2 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6127075Water ViewWater View: Bay, RiverAttribution Contact: ***Above Grade Unfinished Area: 800

Market trends in Winton

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings

Home Value

Trulia Estimate
$261K
Since 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
MonthEstimated 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

DateEventPrice
Jul 31, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6127075
Listed For Sale
$279,900

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.