1550 Pyhola Rd, Ely, MN 55731
FOR SALE
3D VIEW
1.02 ACRES

1550 Pyhola Rd
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 1,400 sqft (on 1.02 acres)

$649,000

Est. Mortgage $3,925/mo*
Get Pre-Qualified

$649,000

Est. Mortgage $3,925/mo*
Get Pre-Qualified
2 Beds
1 Bath
1,400 sqft
(on 1.02 acres)

Local Information

  • Map ViewExplore the area around 1550 Pyhola Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

End of the road privacy and fantastic views at this White Iron Lake home! Located just 6 miles south of Ely off of Highway 1 is this very nice 2 BR, 1 bath (plus sauna) year around home or cabin! Located at the quiet south end of the lake where your awesome views are of gorgeous islands and 3 miles of federally owned wilderness shoreline! You can hear the roar of the Kawishiwi River in the distance as it flows into White Iron Lake. Great fishing very close by! This property has been used by the family for many years as their year around fishing and getaway cabin. The main floor has a large kitchen with attached dining room with great lake views! Then into the beautiful living room with an authentic wood burning fireplace! Down the hall is a large bathroom with walk-in shower. Also the large main bedroom looking right down the lake, and a second nice bedroom as well. Downstairs is the walk out basement, that is mostly unfinished, with a finished bonus room, and a large sauna with shower! Plenty of room to make a finished rec room there. Large deck all along the lakeside of the home will provide great lifetime memories! At the lake is a very large dock with 2 top quality boat lifts and all located in a quiet bay out of the wind! Large 2 stall insulated garage. Septic system and drilled well. This is a great property with stunning views, easy access to great fishing, and located on the largest lake chain in the Ely area and direct water access into the BWCAW!

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$464
Listed
15 days ago

Home Details for 1550 Pyhola Rd

Interior Features

Interior Details
Basement: Partial,Egress Windows,Partially Finished,Walkout,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Bonus Room, Entry Hall, Kitchen, Living Room, Office, Sauna
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1400 Square FeetFoundation Area: 1456
Appliances & Utilities
Laundry: Dryer Hook-Ups,Washer Hookup
Heating & Cooling
Heating: Fireplace(s),Forced Air,PropaneNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Wood Frames
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Gravel,Detached,Electrical Service,Insulation,Slab
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)On Waterfront
Water & Sewer
Sewer: Private Sewer, Mound SepticWater Body: White Iron
Farm & Range
Frontage Length: 200
Finished Area
Finished Area (above surface): 1400 Square Feet

Days on Market

Cumulative Days on Market: 11Days on Market: 15

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465001003445

Price & Status

Price
List Price: $649,000Price Per Sqft: $464
Status Change & Dates
Possession Timing: Immediate

Active Status

MLS Status: ACTIVE

Media

Location

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

Agent Information

Listing Agent
Listing ID: 6126040

HOA

No HOA

Lot Information

Lot Area: 1.02 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6126040Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 1400
Last check for updates: about 24 hours ago
Listing courtesy of Jeff Hway, (218) 349-0906
Bear Island Realty LLC
Zachary Hway, (651) 341-0383
Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6126040
Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

Market trends in Ely

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
79
6MoM

Price History for 1550 Pyhola Rd

DatePriceEventSource
06/13/2026$649,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6126040

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Property Tax and Assessment

Year2024
Tax$3,634
Assessment$396,100
Home facts updated by county records

Comparable Sales for 1550 Pyhola Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1480 Maijala Rd, Ely, MN
1.63
Single-Family Home
$265,000
06/10/26
3
1.5
1,408
2137 Deer Ridge Rd, Ely, MN
3.05
Single-Family Home
$420,000
11/14/25
1
1
1,440
xxxxx White Iron Lake, Ely, MN
2.23
Single-Family Home
$285,000
03/06/26
3
-
1,072
3206 Shady Rest, Ely, MN
3.43
Single-Family Home
$710,200
08/29/25
2
2
1,768
297 S Kawishiwi Summer Homes Rd, Ely, MN
3.24
Single-Family Home
$280,000
09/30/25
1
-
459
12351 Endless Waters Rd, Ely, MN
4.22
Single-Family Home
$540,000
09/30/25
3
1
1,144
1029 E White St, Ely, MN
4.83
Single-Family Home
$120,000
12/12/25
2
1
2,166

Nearby homes

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Assigned Schools

These are the assigned schools for 1550 Pyhola Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
    0
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  • 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 . "
    7
    Flag
  • 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. "
    0
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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."
    3
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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."
    0
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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

Jeff Hway, Bear Island Realty LLC
Agent Phone: (218) 349-0906
Based on information submitted to the MLS GRID as of 2026-06-28 01:02:23 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
1550 Pyhola Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,400 sqft single-family home built in 1935. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Jun 13, 2026. The MLS # for this home is MLS# 6126040.