OFF MARKET

Off Market Aug 2019 for $295K

$585,466

•

—

sq ft

1148 Walsh Rd, Ely, MN 55731

About this home

8.7 Acres and 270 feet of shoreline located in the prestigious Swanson Shores area of Eagles Nest Lake #3. The well-appointed living quarters and 3-stall garage were built new and have never been lived in. The living quarters feature a large kitchen with granite counter-tops and stainless appliances, a 3/4 bath with a washer/dryer, and two bedrooms. Enjoy the beautiful lake views from the 11x14 deck. Meanwhile, you have plenty of room below in the 3 stall, insulated and heated garage for your other storage needs. Convenient location halfway between Tower and Ely and nearby the new Lake Vermilion State Park.

Single-familyProperty Type

2014Year Built

8.7 acresLot Size

3 car garageParking

Listed by Timothy Lillquist • Properties North

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5216350

Redfin Estimate

$585,466

$290K since sold in August 2019$25K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 180.1% higher than the average sale price ($209K) of 6 comparable homes.

SOLD JUL 24, 2026
$250,000
A
2 beds1 bath720 sq ft
3806 Dorem Dr, Ely, MN 55731
SOLD JUL 8, 2026
$260,000
B
1 bed1 bath— sq ft
1755 Bradach Rd, Ely, MN 55731
SOLD APR 13, 2026
$140,000
C
1 bed— baths— sq ft
1346 Bear Head State Park Rd, Ely, MN 55731
SOLD MAY 15, 2026
$265,000
D
2 beds1 bath976 sq ft
9362 Vandelay Dr, Ely, MN 55731
SOLD JUL 24, 2026
$229,000
E
2 beds— baths— sq ft
4891 Lake Vermilion N, Tower, MN 55790
SOLD MAY 6, 2026
$110,000
F
2 beds— baths840 sq ft
3810 Mud Creek Rd, Ely, MN 55731

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 55731, MN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.2%

+0.5% MoM

Median sale price

$272K

$7K MoM

Avg. days on market

41d

12 days MoM

Recently sold homes

5 MoM

New listings for sale

$175,000
1 bed— baths290 sq ft
4704 Highway 169, Ely, MN 55731
$317,000
2 beds— baths1,282 sq ft
651 Fernberg Rd, Ely, MN 55731
$246,000
7 beds4 baths2,600 sq ft
429 S 4th Ave Ave E, Ely, MN 55731
3D WALKTHROUGH
$160,000
2 beds1 bath1,064 sq ft
1211 E Camp St, Ely, MN 55731
3D WALKTHROUGH
$648,500
3 beds1 bath1,136 sq ft
5005 N Lake Vermilion, Tower, MN 55790
$749,000
1 bed— baths352 sq ft
2815 Schaeffer Rd, Ely, MN 55731
$799,000
2 beds1 bath988 sq ft
2811 Schaeffer Rd, Ely, MN 55731
See all

Provided by Redfin

Sale history for 1148 Walsh Rd

Date

Event

Price

RAOR #136808

Aug 9, 2019

Sold

$295,000

Apr 19, 2019

Listed

$314,900

+17

NORTHSTARMLS as Distributed by MLS Grid #5216350

Aug 9, 2019

Sold

$295,000

Jul 15, 2019

Contingent

—

Apr 19, 2019

Listed

$314,900

LSAR as distributed by WIREX #6082049

Aug 9, 2019

Sold

$295,000

Apr 19, 2019

Listed

$314,900

NORTHSTARMLS as Distributed by MLS Grid #4850098

Dec 31, 2018

Listing Removed

—

Jul 5, 2017

Listed

$349,900

NORTHSTARMLS as Distributed by MLS Grid #4712096

Apr 30, 2017

Listing Removed

—

Sep 6, 2016

Price Changed

$349,900

May 6, 2016

Listed

$365,000

Year

Property tax

Land + Additions

Assessment*

2026

$3,444 (−10.1%)

$226,100 + $127,300

$353,400

2025

$3,830 (+25.3%)

$238,200 + $169,800

$408,000

2024

$3,056 (−3.7%)

$184,500 + $125,800

$310,300

2023

$3,172 (−4.3%)

$184,500 + $119,800

$304,300

2022

$3,314 (+2.5%)

$184,500 + $85,900

$270,400

2021

$3,232 (+25.8%)

$184,500 + $85,900

$270,400

2020

$2,570 (+12.4%)

$184,500 + $85,900

$270,400

2019

$2,286 (−1.0%)

$135,400 + $58,000

$193,400

2018

$2,308 (+25.6%)

$131,500 + $58,000

$189,500

2017

$1,838 (+2.1%)

$117,900 + $33,500

$151,400

2016

$1,800

$126,100 + $26,200

$152,300

Tax history for 1148 Walsh Rd

Year

Property tax

Land + Additions

Assessment*

2026

$3,444 (−10.1%)

$226,100 + $127,300

$353,400

2025

$3,830 (+25.3%)

$238,200 + $169,800

$408,000

2024

$3,056 (−3.7%)

$184,500 + $125,800

$310,300

2023

$3,172 (−4.3%)

$184,500 + $119,800

$304,300

2022

$3,314 (+2.5%)

$184,500 + $85,900

$270,400

2021

$3,232 (+25.8%)

$184,500 + $85,900

$270,400

2020

$2,570 (+12.4%)

$184,500 + $85,900

$270,400

2019

$2,286 (−1.0%)

$135,400 + $58,000

$193,400

2018

$2,308 (+25.6%)

$131,500 + $58,000

$189,500

2017

$1,838 (+2.1%)

$117,900 + $33,500

$151,400

2016

$1,800

$126,100 + $26,200

$152,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

8 Acres

Year renovated

—

Sq. Ft.

456

Year built

2014

Style

Other

County

St. Louis County

APN

317-0010-05404

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 15, 2026.

Property details

Parking

Parking Information
Parking Features: Gravel, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
Garage Spaces: 3
Garage Dimensions: 24x38
Garage Sq. Ft.: 912

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Three Quarter Baths (Total): 1
Description: Upper Level 3/4 Bath

Room 1 Information
Room Type: Dining Room
Room Dimensions: 10x14
Room Level: Upper

Room 2 Information
Room Type: Kitchen
Room Dimensions: 10x14
Room Level: Upper

Room 3 Information
Room Type: Living Room
Room Dimensions: 12x14
Room Level: Upper

Room 4 Information
Room Type: Bedroom 2
Room Dimensions: 11x11
Room Level: Upper

Room 5 Information
Room Type: Bedroom 1
Room Dimensions: 11x11
Room Level: Upper

Basement Information
Basement Features: Slab

Dining Room Information
Dining Room Features: Kitchen/Dining Room,Living/Dining Room

Heating & Cooling
Heating Information: Baseboard
Cooling Information: None

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Exterior

Building Information
Construction Materials: Wood Siding
New Construction
Foundation Area: 2,438
Roof: Asphalt

Exterior Features
Fencing: None

Pool Information
Pool Features: None

Waterfront Information
On Waterfront
Waterfront Features: Lake Front
Water Body Name: Eagles Nest #3
Waterfront Num: 69028503
Lake Acres: 1,027
Lake Bottom: Gravel,Hard,Rocky
Lake Classification: Recreational Development
Lake Depth: 49
Waterfront Slope: Steep
Waterfront Elevation: 15-26
Waterfront Feet: 270
Road Between Waterfront And Home Y/N: No

Property Information
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Has Additional Parcels
Above Grade Finished Area: 912

Land Information
Wooded Area: 7

Lot Information
Lot Features: Irregular Lot, Tree Coverage - Medium
Lot Size Area: 8.7
Lot Size Units: Acres
Lot Size Dimensions: 650x900
Road Frontage Type: No Outlet/Dead End, Township, Unpaved Streets

Financial

Assessment Information
Other Annual Assessment Amount: $20

Tax Information
Tax Annual Amount: $2,298
Tax Year: 2019
Tax With Assessments: $2,318

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Drilled, Well
Electric: 200+ Amp Service
Sewer: Tank with Drainage Field
Fuel: Electric

Location

School Information
High School District: St. Louis County
School District Number: 2142
School District Phone: 218-749-8130

Location Information
Directions: Hwy 169 to Bear Head State Park Road to Walsh Road to FN on your left.
Map Coordinate: 999-A1

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 456
Stories: —
Lot Size: 8 acres
Style: Other
Year Built: 2014
Year Renovated: —
County: St. Louis County
APN: 317-0010-05404

Home facts updated by county records on Jun 15, 2026

Other

Home Information
Living Area: 912
Main Level Finished Area: 912.0000
Levels: One and One Half

Around this home

Schools

Tower-Soudan Elementary School

Public PreK-6 • Assigned • 7.3mi

5/10

Northeast Range Secondary

Public 7-12 • Assigned • 10.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 90° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Ely, MN • 55731

Average low and high temperatures (°F)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 1148 Walsh Rd

Data from public records.

Address	Redfin Estimate
1220 Walsh Rd, Ely, MN 3 Beds \| 3 Baths \| 3104 Sq. Ft.	$1,376,751
1255 Walsh Rd, Ely, MN 2 Beds \| 1 Baths \| 693 Sq. Ft.	$536,210

Address	Redfin Estimate
1233 Walsh Rd, Ely, MN 2 Beds \| 2 Baths \| 1284 Sq. Ft.	$546,214
1242 Walsh Rd, Ely, MN 2 Beds \| 1 Baths \| 1416 Sq. Ft.	$356,941

Address	Redfin Estimate
1246 Walsh Rd, Ely, MN - Beds \| - Baths \| - Sq. Ft.	$380,828
1244 Walsh Rd, Ely, MN 3 Beds \| 2 Baths \| 1536 Sq. Ft.	$498,509

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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