$1,975,000
- 3 Beds
- 2.5 Baths
- 4,000 sqft (on 13 acres)
693 Kawishiwi Tr, Ely, MN 55731
Est. Mortgage $12,042/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1998
13 acre lot
$494/sqft
5 Car Garage
Local Information
-- mins to
About this House
Commanding nearly 1,000 feet of pristine shoreline on Farm Lake, this extraordinary 4,000 square foot architecturally designed log estate is set on 13 private acres, offering a rare blend of seclusion, craftsmanship, and panoramic natural beauty. Walls of glass frame breathtaking lake views throughout the grand living room, where soaring vaulted ceilings, rich wood floors, and a dramatic floor-to-ceiling flagstone fireplace create a warm yet sophisticated gathering space. The open-concept design flows effortlessly into a well appointed gourmet kitchen featuring granite surfaces, custom maple cabinetry, stainless steel appliances, and double ovens; ideal for both everyday living and entertaining. The dining area, adorned with a pine tongue-and-groove ceiling, opens to an inviting screened porch—perfect for enjoying tranquil mornings and sunset evenings. The main level primary suite is a serene lakeside retreat, complete with private deck access and a spa-inspired bath showcasing a jetted soaking tub, dual vanities, a walk-in shower, and a generous closet. A striking custom staircase leads to an airy loft overlooking the water, currently curated as an office and creative studio, while the walk-out lower level offers two additional lakeside bedrooms, a spacious great room with a second stone fireplace, and a sauna suite with dressing area. Recent upgrades include a dual-fuel in-floor heating system and twin tankless water heaters, ensuring year round comfort and efficiency. The property is equally equipped for recreation and storage with both attached and detached garages. A short path leads to the impressive 40x60 “dream barn,” thoughtfully designed with abundant natural light, durable smart siding, a metal roof, dual 12-foot doors, and an expansive 60' x 10' cement lakeside patio; ideal for housing recreational vehicles, workshop space, or future customization. The barn is plumbed for portable propane heaters. Surrounded by mature pines, curated gardens, and manicured grounds that gently descend to the water’s edge, this exceptional property lies along the coveted White Iron Chain of Lakes, with direct access to the renowned Boundary Waters Canoe Area Wilderness, offering an unparalleled Northwoods lifestyle defined by privacy, beauty, and adventure.
Last check for updates: about 2 hours ago
Listing courtesy of Patricia Bulinski, (218) 349-5595
Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6124664

Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.
Home Details for 693 Kawishiwi Tr
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Interior Details Basement: Full,Egress Windows,Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Fireplace,Utility RoomNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Dining Room, Kitchen, Laundry, Living Room, Loft, Recreation Room, Sauna |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (three quarters): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4000 Square FeetFoundation Area: 1650 |
Appliances & Utilities Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Wall Oven, WasherDishwasherDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupRefrigeratorWasher |
Heating & Cooling Heating: Dual Fuel/Off Peak,Fireplace(s),In Floor Heat,Propane,ElectricHas HeatingHeating Fuel: Dual Fuel Off Peak |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Wood Burning, BasementHas a Fireplace |
Gas & Electric Electric: Minnesota Power |
Windows, Doors, Floors & Walls Window: Wood FramesDoor: Patio DoorFlooring: Hardwood Floors, Tiled Floors |
Levels, Entrance, & Accessibility Number of Stories: 2Floors: Hardwood Floors, Tiled Floors |
View No View |
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Exterior Home Features Roof: MetalPatio / Porch: Deck, Patio, PorchOther Structures: Barn(s)Exterior: Boat Slip, DockFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 5Number of Covered Spaces: 5No CarportHas a GarageHas an Attached GarageParking Spaces: 5Parking: Attached,Detached,Multiple,Drains,Heat,Slab |
Frontage WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Private SewerWater Body: Farm |
Farm & Range Frontage Length: 986 |
Finished Area Finished Area (above surface): 2300 Square FeetFinished Area (below surface): 1700 Square Feet |
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Cumulative Days on Market: 129Days on Market: 141 |
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Year Built Year Built: 1998 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log |
Building Construction Materials: Log, Log Home |
Property Information Condition: Previously OwnedParcel Number: 28621104190 |
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Price List Price: $1,975,000Price Per Sqft: $494 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE |
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Direction & Address City: Ely |
School Information High School District: Ely #696 |
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Listing Agent Listing ID: 6124664 |
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No HOA |
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Lot Area: 13 Acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 6124664Attribution Contact: ***Above Grade Unfinished Area: 2300 |
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.
Market trends in Ely
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
98
2MoM
Home Value
Trulia Estimate
$1.8MSince last month
Increased$14K (+0.8%)Since last year
Increased$489K (+37%)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 +166% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.81M |
| August 2026 | $1.8M |
| May 2026 | $1.27M |
| April 2026 | $1.31M |
| March 2026 | $1.37M |
| February 2026 | $1.42M |
| January 2026 | $1.3M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
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 |
|---|---|---|---|---|---|---|---|
0.76 | Single-Family Home | $1,264,900 | 09/30/25 | 4 | 2 | 3,740 | |
1.42 | Single-Family Home | $710,000 | 02/06/26 | 3 | 2 | 3,160 | |
1.06 | Single-Family Home | $210,000 | 09/25/25 | 2 | 1 | 614 | |
1.47 | Single-Family Home | $519,000 | 07/31/26 | 3 | 2 | 1,320 | |
1.22 | Single-Family Home | $475,000 | 08/28/26 | 2 | 1 | 1,335 | |
1.68 | Single-Family Home | $265,000 | 09/11/25 | 3 | 1.5 | 1,693 | |
2.27 | Single-Family Home | $465,000 | 05/27/26 | 4 | 2.5 | 1,962 | |
2.11 | Single-Family Home | $475,000 | 08/24/26 | 3 | 1.5 | 1,248 | |
1.11 | Single-Family Home | $460,000 | 09/12/25 | 2 | 1 | 721 |
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 |
|---|---|---|---|---|---|---|
0.40 | $535,600 | 2 | 2 | - | Off Market | |
0.69 | $855,100 | 3 | 2 | 2,650 | Off Market | |
0.77 | $69,500 | - | - | - | Recently Sold | |
0.76 | $1,289,500 | 4 | 2 | 3,740 | Off Market | |
1.01 | $395,000 | 2 | 1 | 955 | For Sale | |
1.06 | - | - | - | - | Off Market | |
1.06 | - | - | - | - | Off Market | |
1.06 | $214,000 | 2 | 1 | 614 | Off Market | |
1.11 | $199,800 | Studio | 0.5 | 640 | Off Market | |
1.11 | $468,600 | 2 | 1 | 721 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 22, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6124664 | Listed For Sale | $1,975,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $14,751 | $1,996,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Patricia Bulinski, Bear Island Realty LLC
Agent Phone: (218) 349-5595

Based on information submitted to the MLS GRID as of 2026-09-10 00:12:39 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 693 Kawishiwi Tr
- What is the estimated monthly payment for 693 Kawishiwi Tr?Based on a $1,975,000 list price with 20% down at today's rates, the estimated monthly payment for 693 Kawishiwi Tr in Ely, MN is approximately $12,404 (about $10,568 principal & interest, $1,761 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 693 Kawishiwi Tr?The closest schools to 693 Kawishiwi Tr in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
- What is 693 Kawishiwi Tr estimated to be worth?Trulia's estimated value for 693 Kawishiwi Tr in Ely, MN is $1,797,700.
- Does 693 Kawishiwi Tr have laundry facilities?Yes, 693 Kawishiwi Tr in Ely, MN has in-unit laundry.
- How big is the lot at 693 Kawishiwi Tr?The lot at 693 Kawishiwi Tr in Ely, MN is about 13 acres.
693 Kawishiwi Tr, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 4,000 sqft single-family home built in 1998. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Apr 22, 2026. The MLS # for this home is MLS# 6124664.

