693 Kawishiwi Tr, Ely, MN 55731
Property image
Property image
FOR SALE
13 ACRES

$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*
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Home Highlights

Single-Family Home
Built in 1998
13 acre lot
$494/sqft
5 Car Garage

Local Information

  • Map ViewExplore the area around 693 Kawishiwi Tr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Home Details for 693 Kawishiwi Tr

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 129Days on Market: 141

Property Information

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

Price & Status

Price
List Price: $1,975,000Price Per Sqft: $494
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

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

Agent Information

Listing Agent
Listing ID: 6124664

HOA

No HOA

Lot Information

Lot Area: 13 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

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.
  • 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. "
  • 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 . "
  • 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. "
  • 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."
  • 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."
  • 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."

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
2
MoM

Home Value

Trulia Estimate
$1.8M
Since 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
MonthEstimated 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

DateEventPrice
Apr 22, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124664
Listed For Sale
$1,975,000

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.