201 Sunset Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$803,400

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,490 sqft (on 1.50 acres)

201 Sunset Rd, Ely, MN 55731

Est. Refi. Payment $5,189/mo*
Refinance Your Home
Currently Off Market - Sold Nov 8, 2024 for $740,000

Home Value

Trulia Estimate
$803K
Since last month
Decreased$6K (-0.8%)
Since last year
Increased$47K (+6.2%)
Since last sale
Increased$65K (+8.7%)
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 +67% in the last 10 years
MonthEstimated value
2026
September 2026$805K
August 2026$811K
July 2026$809K
June 2026$788K
May 2026$780K
April 2026$763K
March 2026$752K
February 2026$753K
January 2026$761K
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
413 Sunset Rd, Ely, MN
1.38
Single-Family Home
$519,000
07/31/26
3
2
1,320
2137 Deer Ridge Rd, Ely, MN
1.25
Single-Family Home
$420,000
11/14/25
1
1
1,440
13359 Villa Rd, Ely, MN
1.70
Single-Family Home
$475,000
08/24/26
3
1.5
1,248
xxxxx White Iron Lake, Ely, MN
0.88
Single-Family Home
$285,000
03/06/26
3
-
1,072
1280 S White Iron Rd, Ely, MN
1.95
Single-Family Home
$745,000
09/10/26
4
2.5
2,371
13462 Villa Rd, Ely, MN
1.99
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
13464 Chestnut Dr, Ely, MN
1.92
Single-Family Home
$210,000
07/27/26
2
1
1,215
540 Loop Rd, Ely, MN
2.51
Single-Family Home
$710,000
02/06/26
3
2
3,160

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
167 Sunset Rd, Ely, MN 55731
0.20
$819,300
3
2
2,520
Off Market
3216 Shady Rest, Ely, MN 55731
0.34
-
-
-
-
Off Market
tbd Sunset Rd, Ely, MN 55731
0.38
-
-
-
-
Off Market
3206 Shady Rest, Ely, MN 55731
0.37
$720,100
2
2
1,768
Off Market
260 Sunset Rd, Ely, MN 55731
0.42
$302,600
1
-
416
Off Market
3229 Big Rock Dr, Ely, MN 55731
0.56
$892,700
2
2
1,923
Off Market
Sunset Rd, Ely, MN 55731
0.63
-
-
-
-
Off Market
xxx Deer Ridge Rd, Ely, MN 55731
0.72
-
-
-
-
Off Market
TBD Mushroom Island Rd, Ely, MN 55731
0.89
-
-
-
-
Off Market
xxxxx White Iron Lake, Ely, MN 55731
0.88
$285,000
3
-
1,072
Recently Sold
12957 West Ridge Rd, Ely, MN 55731
0.99
$550,000
4
2.5
1,825
For Sale

Local Information

  • Map ViewExplore the area around 201 Sunset Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1970
1.5 acre lot
1,490 sqft
$539/sqft
Garage

About this House

Meticulously maintained west facing handscribed log home on the shores of White Iron Lake just minutes to Ely. Experience the beauty of the northwoods in this immaculate 3-bedroom home situated on a private pine studded lot just 8 miles from downtown Ely. The home features wood flooring, open floor plan, ideal main floor primary bedroom, and unique built-ins. The updated kitchen features stainless appliances, gas range/oven, solid surface counters and a center island. The centerpiece of the living room is the stunning fieldstone fireplace which features a gas insert. Magnificent cathedral ceilings and large patio doors leading to the lakeside deck finish off the living area which provide gorgeous lake views. Main floor lakeside primary bedroom with dual entry to the bath. Upstairs you will find 2 additional bedrooms of generous size. This home has been meticulously cared for with many updates including new steel roofs on the buildings, high efficiency furnace and central AC. The full basement houses the mechanicals and provides loads of storage room. The oversized 3-car garage provides plenty of room to store all the lake toys and features a workshop area as well. The charming wood-fired sauna features wonderful lake views and has a spacious changing room. The natural landscaping, gorgeous perennials, and blacktop drive ensure low maintenance year-round. Enjoy picking blueberries on your stroll to the shore which features idyllic panoramic views and classic rocky shoreline.
201 Sunset Rd, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 1,490 sqft single-family home built in 1970. It last sold for $740,000 on Nov 8, 2024 (5% below the $779,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $803,400, with a rent estimate of $1,943/month.
Last check for updates: about 6 hours ago
Listed by Anna Yahnke, (218) 235-3547
Bear Island Realty LLC
Kate Davies, (218) 343-9173
Bear Island Realty LLC
Bought with: Kate Davies, (218) 343-9173, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6113993

Home Details for 201 Sunset Rd

Interior Features

Interior Details
Basement: Full,Unfinished,Walkout,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1490 Square FeetFoundation Area: 1152
Appliances & Utilities
Utilities: SatelliteAppliances: Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, WasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: PropaneHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Propane
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a Fireplace
Gas & Electric
Electric: Minnesota Power
Windows, Doors, Floors & Walls
Flooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors
View
Has a ViewView: Inland Lake

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckVegetation: Heavily WoodedOther Structures: SaunaExterior: DockFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Asphalt,Detached,Electrical Service,Slab
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Shore-Accessible)Road Frontage: TownshipResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Mound SepticWater Body: White Iron
Farm & Range
Frontage Length: 220
Finished Area
Finished Area (above surface): 1490 Square Feet

Days on Market

Cumulative Days on Market: 120

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log
Building
Construction Materials: Log, Log HomeNot a New Construction
Property Information
Condition: Previously OwnedParcel Number: 280627307030

Price & Status

Price
List Price: $779,000
Status Change & Dates
Off Market Date: Fri Sep 27 2024Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Lake Superior #381

HOA

No HOA

Lot Information

Lot Area: 1.5 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6113993Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 1490

Price and Tax history

DateEventPrice
Nov 8, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113993
Sold
$740,000
Oct 26, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113993
Pending
$779,000
Sep 27, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113993
Contingent
$779,000
May 31, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113993
Listed For Sale
$779,000

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
5MoM

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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-29 00:57:32 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

Frequently asked questions about 201 Sunset Rd

  • What is 201 Sunset Rd estimated to be worth?
    Trulia's estimated value for 201 Sunset Rd in Ely, MN is $803,400.
  • What is the price history for 201 Sunset Rd?
    201 Sunset Rd in Ely, MN last sold for $740,000 in November 2024.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • 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 recently sold homes in Ely, MN.
  • Does 201 Sunset Rd have air conditioning?
    Yes, 201 Sunset Rd in Ely, MN has air conditioning.
  • Does 201 Sunset Rd have laundry facilities?
    Yes, 201 Sunset Rd in Ely, MN has in-unit laundry.

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