OFF MARKET

Off Market Jun 2016 for $535K

$1,500,446

Est. refi paymentEst. refi $3,476/mo

•

3,104

sq ft

1220 Walsh Rd, Ely, MN 55731

About this home

Phenomenal setting for your true “up-north” home on this premier clear water lake. This beautiful low maintenance home offers fine details around every corner. Floor to ceiling windows overlooking the lake, log accents, and a cozy wood stove are the centerpiece. Spacious master, laundry room, and full bath with jetted tub all on the main, with an expansive loft, large bedroom and bath up. Additional living space, bedroom and bath in the lower, along with a garage space for all those toys! The oversized 6.5 acre lot features taconite circular driveway, stone walkways, and a gentle pathway to the sand beach area with over 600’ of shoreline. Many extras in & around the property including an additional garage/workshop with loft, original guest cabin, boat shelter, outhouse, dock and rail system. This is a must see home that you won’t want to miss.

Single-familyProperty Type

2001Year Built

6.5 acresLot Size

$483Est. Price/Sq.Ft.

4 car garageParking

Listed by Bruce Chernak

Bought with Patricia Bulinski • Bear Island Land Co., Inc

Redfin checked: 2 minutes ago

•Source:LSAR as distributed by WIREX #6020822

Redfin Estimate

$1,500,446

$965K since sold in June 2016$21K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 73% higher than the average sale price ($867K) of 6 comparable homes.

SOLD AUG 12, 2026
$780,000
A
3 beds2 baths1,916 sq ft
1675 Bradach Rd, Ely, MN 55731
SOLD JUN 22, 2026
$420,000
B
3 beds3 baths1,532 sq ft
1859 Bobence Rd, Ely, MN 55731
SOLD AUG 24, 2026
$835,000
C
3 beds3 baths— sq ft
6309 Winston Rd, Tower, MN 55790
SOLD JUN 10, 2026
$798,500
D
2 beds4 baths— sq ft
3819 Dorem Dr, Ely, MN 55731
SOLD APR 1, 2026
$900,000
E
3 beds2 baths2,706 sq ft
2375 Viste Point Rd, Ely, MN 55731
SOLD MAY 21, 2026
$1,470,500
F
3 beds3 baths— sq ft
5743 Puncher Point Rd, Tower, MN 55790

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Earn from this home

Refinance

Est. cash available

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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

NEW 2 HRS AGO
$175,000
1 bed— baths290 sq ft
4704 Highway 169, Ely, MN 55731
NEW 24 HRS AGO
$317,000
2 beds— baths1,282 sq ft
651 Fernberg Rd, Ely, MN 55731
NEW 25 HRS AGO
$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
$259,000
3 beds1 bath1,064 sq ft
308 S 8th Ave. Ave E, Ely, MN 55731
$684,500
3 beds2 baths1,806 sq ft
214 Cedar Ln, Ely, MN 55731
See all

Provided by Redfin

Sale history for 1220 Walsh Rd

Year

Property tax

Land + Additions

Assessment*

2026

$8,902 (−3.8%)

$322,700 + $513,700

$836,400

2025

$9,256 (+29.9%)

$340,200 + $578,000

$918,200

2024

$7,128 (−0.7%)

$262,800 + $428,300

$691,100

2023

$7,180 (+7.5%)

$262,800 + $408,000

$670,800

2022

$6,680 (+4.1%)

$262,800 + $292,300

$555,100

2021

$6,414 (+1.0%)

$262,800 + $282,100

$544,900

2020

$6,348 (+13.9%)

$262,800 + $282,100

$544,900

2019

$5,574 (−2.7%)

$249,200 + $238,800

$488,000

2018

$5,728 (+28.1%)

$249,200 + $238,800

$488,000

2017

$4,472 (−9.0%)

$223,200 + $192,900

$416,100

2016

$4,914 (+2.7%)

$246,600 + $212,700

$459,300

2014

$4,787 (+1.8%)

$252,500 + $210,900

$463,400

2013

$4,703

$252,500 + $210,900

$463,400

Tax history for 1220 Walsh Rd

Year

Property tax

Land + Additions

Assessment*

2026

$8,902 (−3.8%)

$322,700 + $513,700

$836,400

2025

$9,256 (+29.9%)

$340,200 + $578,000

$918,200

2024

$7,128 (−0.7%)

$262,800 + $428,300

$691,100

2023

$7,180 (+7.5%)

$262,800 + $408,000

$670,800

2022

$6,680 (+4.1%)

$262,800 + $292,300

$555,100

2021

$6,414 (+1.0%)

$262,800 + $282,100

$544,900

2020

$6,348 (+13.9%)

$262,800 + $282,100

$544,900

2019

$5,574 (−2.7%)

$249,200 + $238,800

$488,000

2018

$5,728 (+28.1%)

$249,200 + $238,800

$488,000

2017

$4,472 (−9.0%)

$223,200 + $192,900

$416,100

2016

$4,914 (+2.7%)

$246,600 + $212,700

$459,300

2014

$4,787 (+1.8%)

$252,500 + $210,900

$463,400

2013

$4,703

$252,500 + $210,900

$463,400

*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

6.5 Acres

Year renovated

—

Sq. Ft.

2,480

Year built

2001

Style

Other

County

St. Louis County

APN

317-0010-05374

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 4
Parking Features: Gravel, Garage Door Opener, Attached, Detached

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 1
# of Three Quarter Bathrooms: 2

Heating & Cooling
Cooling: None
Has Heating
Heating: Geothermal, Heat Pump, Hot Water, Wood, Propane, Floor Furnace

Interior Features
Interior Features: Kitchen Island, Natural Woodwork, Vaulted Ceiling(s), Walk-In Closet(s), Master Downstairs
Appliances: Cooktop, Dryer, Microwave, Range, Refrigerator, Washer
Flooring: Hardwood, Tile

Room Information
Laundry Features: Washer Hookup, Main Level
Has Basement
Basement Details: Full, Partially Finished

Exterior

Exterior Features
Exterior Features: Dock
Patio And Porch Features: Deck
Roof: Asphalt, Shingle

Pool Information
Has Spa/Hot Tub

Building Information
Above Grade Finished Area: 2,484
Below Grade Finished Area: 620
# of Stories Total: 2

Property Features
On Waterfront
Waterfront Features: Lake
Has View
Accessibility Features: Therapeutic Whirlpool
Other Structures: Workshop, Guest House

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Detached

Lot Information
Lot Features: Many Trees, Level
Water Body Name: Eagles Nest 3
Road Frontage Type: County Road
Lot Size Dimensions: 800 x 450
Lot Size Acres: 6.5

Financial

Tax Information
Tax Annual Amount: $4,854

Utilities

Utility Information
Water Source: Private
Utilities: Underground Utilities
Sewer: Private Sewer

Location

Schools Information
High School District: St. Louis County #2142

Location Information
Directions: From Ely, travel west on Hwy 169 to Bear Head State Park Road. Turn left and follow to Walsh Road. Turn right and follow to the property address. It will be on the left.

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,480
Stories: 2.0
Lot Size: 6.5 acres
Style: Other
Year Built: 2001
Year Renovated: —
County: St. Louis County
APN: 317-0010-05374

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Tower-Soudan Elementary School

Public PreK-6 • Assigned • 7.3mi

5/10

Northeast Range Secondary

Public 7-12 • Assigned • 10.3mi

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

Nearby similar homes

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New listings for sale in 55731

NEW 2 HRS AGO

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NEW 24 HRS AGO

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NEW 25 HRS AGO

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3D WALKTHROUGH

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3D WALKTHROUGH

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5005 N Lake Vermilion, Tower, MN 55790

$749,000

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2815 Schaeffer Rd, Ely, MN 55731

$799,000

2 beds1 bath988 sq ft

2811 Schaeffer Rd, Ely, MN 55731

$259,000

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308 S 8th Ave. Ave E, Ely, MN 55731

$684,500

3 beds2 baths1,806 sq ft

214 Cedar Ln, Ely, MN 55731

Home values near 1220 Walsh Rd

Data from public records.

Address	Redfin Estimate
1233 Walsh Rd, Ely, MN 2 Beds \| 2 Baths \| 1284 Sq. Ft.	$579,106
1242 Walsh Rd, Ely, MN 2 Beds \| 1 Baths \| 1416 Sq. Ft.	$357,772

Address	Redfin Estimate
1246 Walsh Rd, Ely, MN - Beds \| - Baths \| - Sq. Ft.	$444,273
1244 Walsh Rd, Ely, MN 3 Beds \| 2 Baths \| 1536 Sq. Ft.	$568,608

Address	Redfin Estimate
1255 Walsh Rd, Ely, MN 2 Beds \| 1 Baths \| 693 Sq. Ft.	$533,495
1240 Walsh Rd, Ely, MN - Beds \| - Baths \| - Sq. Ft.	$489,809

Property information provided by LSAR as distributed by WIREX when last listed in 2016. This data may not match . Learn more.

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