1663 Saari Rd, Ely, MN 55731
Property image
Property image
PENDING
8.96 ACRES

1663 Saari Rd
Ely, MN 55731

  • 4 Beds
  • 3.5 Baths
  • 5,280 sqft (on 8.96 acres)

$1,250,000

Est. Mortgage $7,577/mo*
Get Pre-Qualified

$1,250,000

Est. Mortgage $7,577/mo*
Get Pre-Qualified
4 Beds
3.5 Baths
5,280 sqft
(on 8.96 acres)

Home Highlights

Parking
6 Car Garage
Climate Control
Heating & Cooling
Price/Sqft
$237
Listed
180+ days ago

Local Information

  • Map ViewExplore the area around 1663 Saari Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

White Iron Lake, Ely, Minnesota - Custom built 5200 sq. ft. home with 320 feet of level lakeshore with a private boat launch. 8.7 acres of land. This beautiful home has been completed with top quality materials and furnishings with both levels being completed with living quarters. The main floor living area features an open floor plan with views of the lake from the large windows and patio door. Well designed kitchen with a center island that seats 10 people, custom hickory cabinets, high definition laminate countertops, ceramic tile flooring, and a huge pantry in the hall. The living room has a gas fireplace, laminate flooring, a vaulted ceiling with tongue & groove pine and views of the lake. There are 4 main floor bedrooms with the master bedroom having a private bath. There is a second full bath and a utility/laundry room on the main level with a washer, dryer, freezer and closet. The walkout basement features a family room with tongue and groove wainscoting, bedroom, open area with a pool table, utility room, ¾ bath, electric sauna with a shower, large storage room and a tuck-under garage. Sleeps up to 19 people. Dual fuel heat. Rollout dock. Steel siding. The 30 X 48 Morton building is on a floating slab, has electricity and 3 overhead doors. There is an RV hookup. All of this tucked back into a private, wooded area with room enough to build additional structures. White Iron Lake has 3237 acres, 35.47 miles of shoreline and a maximum depth of 47 feet. It is connected to Garden Lake, Farm Lake, South Farm and the Kawishiwi River with access to the BWCAW. Being sold furnished. Priced below replacement cost, must see to appreciate the quality of this exceptional home and property.

Home Details for 1663 Saari Rd

Interior Features

Interior Details
Basement: Full,Egress Windows,Finished,Walkout,Bath,Den/Office,Family/Rec Room,Fireplace,Utility RoomNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Bonus Room, Dining Room, Family Room, Kitchen, Living Room, Other, Utility Room
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 5280 Square Feet
Appliances & Utilities
Utilities: SatelliteAppliances: Water Heater-Electric, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Fireplace(s),In Floor Heat,PropaneHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas, BasementHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Vinyl WindowsDoor: Patio DoorFlooring: Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Accessibility: Partially WheelchairFloors: Tiled Floors
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleWooded Area Size: 174240Other Structures: Pole BuildingExterior: DockFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 6Number of Covered Spaces: 6No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 6Parking: Off Street,Gravel,Detached,Tuckunder,Electrical Service,Slab
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Elevation-Low, Other - See Remarks)Road Frontage: Private Road, TownshipResponsible for Road Maintenance: Private Maintained Road, Public Maintained RoadRoad Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: White Iron
Farm & Range
Frontage Length: 320
Finished Area
Finished Area (above surface): 2640 Square FeetFinished Area (below surface): 2640 Square Feet

Days on Market

Cumulative Days on Market: 341Days on Market: 180+

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Aluminum, Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465001003191 & 465001003193

Price & Status

Price
List Price: $1,250,000Price Per Sqft: $237
Status Change & Dates
Off Market Date: Tue Aug 11 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: PENDING

Location

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

Agent Information

Listing Agent
Listing ID: 6121747

HOA

No HOA

Lot Information

Lot Area: 8.96 Acres

Offer

Listing Terms: Cash, Conventional, VA Loan

Miscellaneous

BasementMls Number: 6121747Projected Close Date: Tue Sep 15 2026Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 2640
Last check for updates: about 21 hours ago
Listing courtesy of Janet Erchul, (218) 365-2100
Ely Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6121747
Also Listed on NorthstarMLS as distributed by MLS GRID, Lake Superior Area Realtors as distributed by MLS GRID.

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM

Price and Tax history

DateEventPrice
Aug 12, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747
Pending
$1,250,000
Oct 22, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747
PriceChange
$1,250,000
Price decreased by 17%
Sep 6, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121747
Listed For Sale
$1,499,000
Dec 28, 2012
Source: Lake Superior Area Realtors as distributed by MLS GRID #1984124
Sold
$330,500

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Home Value

Trulia Estimate
$1.24M
Since last month
Decreased$8K (-0.6%)
Since last year
Increased$436K (+54.3%)
Since last sale
Increased$908K (+274.9%)
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 +188% in the last 10 years
MonthEstimated value
2026
August 2026$1.24M
July 2026$1.24M
June 2026$1.25M
May 2026$1.25M
April 2026$1.25M
March 2026$1.15M
February 2026$1.15M
January 2026$1.15M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
1493 Inspiration Road, Ely, MN
1.99
Single-Family Home
$439,000
06/30/26
3
2
2,085
1480 Maijala Rd, Ely, MN
2.00
Single-Family Home
$265,000
06/10/26
3
1.5
1,408
xxxxx White Iron Lake, Ely, MN
2.05
Single-Family Home
$285,000
03/06/26
3
-
1,072
2137 Deer Ridge Rd, Ely, MN
2.47
Single-Family Home
$420,000
11/14/25
1
1
1,440
3206 Shady Rest, Ely, MN
3.18
Single-Family Home
$710,200
08/29/25
2
2
1,768
1317 N Hwy 21, Ely, MN
3.91
Single-Family Home
$350,000
09/05/25
3
1.5
2,400
236 Ahola Rd, Ely, MN
3.73
Single-Family Home
$364,000
11/17/25
3
2
2,520

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
1356 Southwest Shores Tr, Ely, MN 55731
0.21
-
-
-
-
Off Market
XXX Southwest Shores Tr, Ely, MN 55731
0.21
-
-
-
-
Off Market
xxx Southwest Shores Tr, Ely, MN 55731
0.24
-
-
-
-
Off Market
XXX Saari Rd, Ely, MN 55731
0.23
-
-
-
-
Off Market
xxx Southwest Shores Tr, Ely, MN 55731
0.30
-
-
-
-
Off Market
1359 Southwest Shores Tr, Ely, MN 55731
0.30
$480,000
1
1
1,080
For Sale
XXX Southwest Shores Tr, Ely, MN 55731
0.32
-
-
-
-
Off Market
XXX Southwest Shores Tr, Ely, MN 55731
0.37
-
-
-
-
Off Market
XXX Southwest Shores Tr, Ely, MN 55731
0.50
-
-
-
-
Off Market
TBD Souja Rd, Ely, MN 55731
0.55
-
-
-
-
Off Market
TBD Souja Rd, Ely, MN 55731
0.64
$62,000
-
-
-
Recently Sold
TBD Souja Rd, Ely, MN 55731
0.70
-
-
-
-
Off Market

Around this home

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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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."
    0
    Flag

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Frequently asked questions about 1663 Saari Rd

  • What is the estimated monthly payment for 1663 Saari Rd?
    Based on a $1,250,000 list price with 20% down at today's rates, the estimated monthly payment for 1663 Saari Rd in Ely, MN is approximately $7,735 (about $6,545 principal & interest, $1,115 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 1663 Saari Rd?
    The closest schools to 1663 Saari Rd 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 1663 Saari Rd estimated to be worth?
    Trulia's estimated value for 1663 Saari Rd in Ely, MN is $1,237,400.
  • Does 1663 Saari Rd have air conditioning?
    Yes, 1663 Saari Rd in Ely, MN has air conditioning.
  • Does 1663 Saari Rd have laundry facilities?
    Yes, 1663 Saari Rd in Ely, MN has in-unit laundry.
Janet Erchul, Ely Realty
Agent Phone: (218) 365-2100
Based on information submitted to the MLS GRID as of 2026-08-16 06:22:20 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
1663 Saari Rd, Ely, MN 55731 is a 4 bedroom, 4 bathroom, 5,280 sqft single-family home built in 1997. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Sep 5, 2025. The MLS # for this home is MLS# 6121747.