1499 Miners Lake, Ely, MN 55731
Property image
Property image
FOR SALE
5.2 ACRES

$1,275,000

  • 3 Beds
  • 2.5 Baths
  • 3,880 sqft (on 5.20 acres)

1499 Miners Lake, Ely, MN 55731

Est. Mortgage $8,026/mo*
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Home Highlights

Single-Family Home
Built in 2024
5.2 acre lot
$329/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 1499 Miners Lake.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

OPEN HOUSE: Click link for 3D Virtual Tour. First time on the market! Introducing The Zenith, a pinnacle of Contemporary North design on 5 level acres with a crushed asphalt drive to the 505ft private shoreline featuring an exclusive sand beach on coveted Miner’s Trout Lake. Ideally located at the edge of Ely on the Trezona Trail, every element of this world-class residence balances curated sophistication with organic warmth, delivering an unparalleled lakeside lifestyle. Built 2024, 3+BR, 3 BA, 2 Kitchens, Lakeside Decks, Main Flr Laundry, Att 2 Stall Garage Plus Addl Storage Bldgs. Great rm features soaring, floor-to-ceiling waterfront windows, fireplace, elevated living spaces & panoramic views that fluidly dissolve into lakeside decks, offering an elite indoor-outdoor entertaining flow. Epicurean kitchen crafted with ss apls & quartz counters, generous island, open to great rm, dining & water views. Main flr primary suite is a luxurious private sanctuary. Main flr lakeside office could be second bedrm. Walkout LL offers an entertainment & wellness oasis, equipped with a full second kitchen, dining & livingroom, 2 lakeside guest BRs with glass doors to the lakefront zen garden, sauna bath, gallery hall & craft room easily reimagined as a wine lounge or fitness studio. Economical in floor heat both levels & att garage. Drilled well. New Compliant septic. Dock. Raised bed garden. Every element of this residence reflects intentional design, embodying the timeless elegance of North living.
Last check for updates: about 2 hours ago
Listing courtesy of Lisa Janisch, (218) 780-6644
Janisch Realty Inc.

Home Details for 1499 Miners Lake

Interior Features

Interior Details
Basement: Full,Egress Windows,Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Kitchen,Utility RoomNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom, Dining Room, Family Room, Gym, Kitchen, Living Room, Office, Sauna, Storage
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3880 Square FeetFoundation Area: 2666
Appliances & Utilities
Utilities: See RemarksAppliances: Water Heater-Electric, Water Softener-Owned, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Fireplace(s),In Floor Heat,Hot Water,Propane,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Number of Fireplaces: 1Fireplace: ElectricHas a Fireplace
Gas & Electric
Electric: Minnesota Power
Windows, Doors, Floors & Walls
Window: Energy Windows, ScreensDoor: Patio Door
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckOther Structures: Workshop, Other, StudioExterior: Dock, Rain GuttersFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Off Street,RV Parking,Attached,Detached,Multiple,Drains,Electrical Service,Heat,Insulation,Slab
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Sand, Shore-Accessible, Shore-Beach)Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Miner
Farm & Range
Frontage Length: 505
Finished Area
Finished Area (above surface): 1940 Square FeetFinished Area (below surface): 1940 Square Feet

Days on Market

Cumulative Days on Market: 30Days on Market: 45

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Engineered Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030050000238

Price & Status

Price
List Price: $1,275,000Price Per Sqft: $329
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

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

Agent Information

Listing Agent
Listing ID: 6127080

HOA

No HOA

Lot Information

Lot Area: 5.2 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6127080Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 1940

What Locals Say about Ely

At least 8 Trulia users voted on each feature.
  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
  • 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 . "
  • 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. "
  • 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."
  • 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."
  • 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."

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
103
5
MoM

Home Value

Trulia Estimate
$1.2M
Since last month
Increased$474K (+65.2%)
Since last year
Increased$472K (+64.8%)
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 +76% in the last 10 years
MonthEstimated value
2026
September 2026$1.2M
August 2026$1.22M
July 2026$728K
June 2026$722K
May 2026$723K
April 2026$716K
March 2026$695K
February 2026$693K
January 2026$685K
2025

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
0.95
Single-Family Home
$875,000
11/21/25
3
2.5
2,187
0.24
Single-Family Home
$626,000
05/01/26
2
2
1,258
0.41
Single-Family Home
$221,000
02/19/26
3
3
1,975
0.52
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
0.74
Single-Family Home
$640,000
07/17/26
4
3
3,336
0.26
Single-Family Home
$234,000
05/04/26
3
1
1,160
0.59
Single-Family Home
$265,000
08/27/26
3
2
2,128
0.66
Single-Family Home
$250,000
12/18/25
3
2
1,728

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
0.02
-
-
-
-
Off Market
0.09
$663,200
2
2
2,100
Off Market
0.09
-
-
-
-
Off Market
0.15
-
-
-
-
Off Market
0.22
$426,200
2
1
1,500
Off Market
0.24
$626,000
2
2
1,258
Recently Sold
0.24
-
-
-
-
Off Market
0.25
-
-
-
-
Off Market
0.26
$594,300
6
4.5
2,432
Off Market
0.26
-
-
-
-
Off Market
0.26
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Jul 31, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6127080
Listed For Sale
$1,275,000

LGBTQ Local Legal Protections

Lisa Janisch, Janisch Realty Inc.
Agent Phone: (218) 780-6644
Based on information submitted to the MLS GRID as of 2026-09-14 23:47:18 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 1499 Miners Lake

  • What is the estimated monthly payment for 1499 Miners Lake?
    Based on a $1,275,000 list price with 20% down at today's rates, the estimated monthly payment for 1499 Miners Lake in Ely, MN is approximately $8,167 (about $6,955 principal & interest, $1,137 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See homes for sale in Ely, MN.
  • What are the closest schools to 1499 Miners Lake?
    The closest schools to 1499 Miners Lake 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 1499 Miners Lake estimated to be worth?
    Trulia's estimated value for 1499 Miners Lake in Ely, MN is $1,201,700.
  • Does 1499 Miners Lake have laundry facilities?
    Yes, 1499 Miners Lake in Ely, MN has in-unit laundry.
  • How big is the lot at 1499 Miners Lake?
    The lot at 1499 Miners Lake in Ely, MN is about 5.2 acres.
1499 Miners Lake, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 3,880 sqft single-family home built in 2024. 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# 6127080.