631 Circle Dr
Ely, MN 55731
- 3 Beds
- 2.5 Baths
- 2,373 sqft (on 1.54 acres)
$805,000
Last Sold: Jan 16, 2026
5% below list $849K
$339/sqft
Est. Refi. Payment $4,825/mo*
$805,000
Last Sold: Jan 16, 2026
5% below list $849K
$339/sqft
Est. Refi. Payment $4,825/mo*
3 Beds
2.5 Baths
2,373 sqft
(on 1.54 acres)
Local Information
© Google
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Description
Located a short drive east of Ely is this magnificent 2 story lake home on Fall Lake! Fantastic views of Fall Lake...including views right into the BWCAW from your patio! This lovely home, built in 2012, has 3 bedrooms and 3 baths and is on a very scenic wooded parcel with approx. 1.5 acres and approx. 200 feet of shoreline on this fantastic "edge of the Boundary Waters" lake! Enjoy elevated views of the lake, see eagles frequently soaring overhead and roosting on the state owned island out front, and paddle or motor right into the BWCAW right from your dock! The main floor has 9 foot ceilings and a large open concept living and dining room that flows right into the large kitchen with tons of counter space and top-quality cabinets. Enjoy the fantastic views out the tall windows and sliding glass door toward the large patio and lake. Also, a main floor bedroom that faces the lake with a private full bath with jacuzzi tub! Half bath, large utility room with washer and dryer, and 4 season porch round out the main floor. The 2nd floor has a large great room with pine vaulted ceilings that faces the lake and an additional back portion of it with a portable sliding wall that can be used to make it a private room, or extra sleeping space. 2 more large bedrooms and another full bath are here as well. Plus a large 2nd floor deck! Also a huge storage room over the attached garage that is great for storing so many things! Other features include the attached 2 stall garage, a sauna behind the house, large patio and entertaining area facing the lake, maintenance free top-quality siding, nice stairs to the lake-where there is a large dock and boat storage! This property would be great to live in year 'round, or use as your 4 season Ely area getaway. Drilled well, mound septic system, private driveway, storage shed. Fall Lake is 6 miles long and the northern quarter of the lake is in the famous Boundary Waters Wilderness Area, with motors being allowed on all of Fall Lake (25 HP in the BWCAW portion and unlimited on the rest of the lake). From Fall, you can wheel portage to Basswood Lake.. and the US/Canada border. Great fishing! Property faces N/NW and allows great viewing of the active northern lights activity. This is a great property just 10 minutes from Ely! Check out this Youtube Channel for footage of the night sky(including some amazing Northern Lights!) of this listing: https://youtube.com/@larryolson6464?si=6Wa-Cg7a-Lrk7vRT
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 21, 2026
Home Highlights
Parking
2 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$339/sqft
Listed
180+ days ago
Home Details for 631 Circle Dr
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Interior Details Number of Rooms: 12Types of Rooms: Bedroom, Bathroom, Four Season Porch, Great Room, Kitchen, Living Room, Storage, Utility Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2373 Square FeetFoundation Area: 1125 |
Appliances & Utilities Appliances: Water Heater-Electric, Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,In Floor Heat,Wood,Propane,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace |
Gas & Electric Electric: Lake Country Power |
Windows, Doors, Floors & Walls Door: Patio Door |
Levels, Entrance, & Accessibility Number of Stories: 2Accessibility: Partially Wheelchair, Accessible Doors |
View Has a ViewView: Inland Lake, Panoramic |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: Deck, PatioOther Structures: SaunaExterior: Dock |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Gravel,Attached,Electrical Service,Insulation |
Frontage WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Rocky, Elevation-High)Road Frontage: Private RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: UnimprovedOn Waterfront |
Water & Sewer Sewer: Private Sewer, Mound SepticWater Body: Fall |
Farm & Range Frontage Length: 200 |
Finished Area Finished Area (above surface): 2373 Square Feet |
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Cumulative Days on Market: 134 |
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Year Built Year Built: 2012 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other |
Building Construction Materials: Composition, Frame/Wood |
Property Information Condition: Previously OwnedParcel Number: 28636901090 |
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Price List Price: $849,000Price Per Sqft: $339/sqft |
Status Change & Dates Off Market Date: Fri Nov 28 2025Possession Timing: Immediate |
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MLS Status: SOLD |
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Direction & Address City: Ely |
School Information High School District: Lake Superior #381 |
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No HOA |
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Lot Area: 1.54 Acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 6120784Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 2373 |
Last check for updates: about 7 hours ago
Listed by Jeff Hway, (218) 349-0906
Bear Island Realty LLC
Zachary Hway, (651) 341-0383
Bear Island Realty LLC
Bought with: Connie Coughlin, (218) 235-8289, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6120784

Price History for 631 Circle Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 01/16/2026 | $805,000 | Sold | Lake Superior Area Realtors as distributed by MLS GRID #6120784 |
| 12/08/2025 | $849,000 | Pending | Lake Superior Area Realtors as distributed by MLS GRID #6120784 |
| 11/28/2025 | $849,000 | Contingent | Lake Superior Area Realtors as distributed by MLS GRID #6120784 |
| 08/19/2025 | $849,000 | PriceChange | Lake Superior Area Realtors as distributed by MLS GRID #6120784 |
| 07/17/2025 | $899,000 | Listed For Sale | Lake Superior Area Realtors as distributed by MLS GRID #6120784 |
| 10/19/2010 | $177,500 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,403 |
| Assessment | $1,064,200 |
Home facts updated by county records
Comparable Sales for 631 Circle Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $616,500 | 07/18/25 | 3 | 1 | 1,253 | |
2.12 | Single-Family Home | $419,000 | 12/08/25 | 3 | 2 | 2,281 | |
1.23 | Single-Family Home | $260,000 | 05/30/25 | 2 | 1 | 871 | |
2.61 | Single-Family Home | $930,000 | 08/29/25 | 3 | 2 | 2,042 | |
0.76 | Single-Family Home | $135,000 | 08/15/25 | 1 | - | 486 | |
2.72 | Single-Family Home | $735,000 | 09/04/25 | 3 | 2 | 2,189 | |
2.78 | Single-Family Home | $710,000 | 02/06/26 | 3 | 2 | 3,160 | |
2.26 | Single-Family Home | $425,000 | 08/07/25 | 2 | 2 | 2,322 | |
2.82 | Single-Family Home | $265,000 | 09/11/25 | 3 | 1.5 | 1,693 |
Assigned Schools
These are the assigned schools for 631 Circle Dr.
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 it's walkable to grocery stores
75 % Say there are sidewalks
73 % Say streets are well-lit
72 % Say neighbors are friendly
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.
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Apartments for Rent
Homes for sale near 631 Circle Dr
Off Market Homes Near 631 Circle Dr

Based on information submitted to the MLS GRID as of 2026-05-19 10:57:27 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
Homes for rent near 631 Circle Dr
631 Circle Dr, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 2,373 sqft single-family home built in 2012. This property is not currently available for sale. 631 Circle Dr was last sold on Jan 16, 2026 for $805,000 (5% lower than the asking price of $849,000). The current Trulia Estimate for 631 Circle Dr is $814,900.

