OFF MARKET

Off Market Oct 2024 for $705K

$629,554

Est. refi paymentEst. refi $4,575/mo

•

986

sq ft

3488 North Arm Rd, Ely, MN 55731

About this home

Award-winning architect, David Salmela's creative and functional design of this 3 bedroom, 1/2 bath cabin showcases the natural beauty of this spectacular North Arm location on highly sought after Burntside Lake. Cabin is located at the water's edge with a classic up north ledgerock point to enjoy your coffee while watching loons and eagles! Vaulted ceilings and wall-to-wall windows provide wonderful light and air throughout the cabin with lake views from every room! Experience an unmatched natural view with hundreds of acres of public land making up the shoreline across the bay. The finest materials and craftsmanship are evident in this minimal maintenance getaway including Black Statelite siding, a metal roof, and exclusive H windows. This is a place you need to see in person to feel how special it is! The cabin is part of the Kewanena Association. Benefit from shared property of nearly 9 acres and 1,140' of beautiful shoreline. Common use elements also include a beach, sauna, walking trails throughout the property, and a private road/driveway. Additional contiguous land (0.76 acres , 190' of shoreline) is available to purchase for added lakefront and privacy!

Single-familyProperty Type

2008Year Built

9 acresLot Size

$638Est. Price/Sq.Ft.

Contact: ***

Bought with Connie Coughlin • Bear Island Realty LLC

Redfin checked: 2 minutes ago

•Source:LSAR #6115589

Redfin Estimate

$629,554

$75K since sold in October 2024$14K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 41.7% higher than the average sale price ($444K) of 6 comparable homes.

SOLD JUL 24, 2026
$250,000
A
2 beds1 bath720 sq ft
3806 Dorem Dr, Ely, MN 55731
SOLD AUG 12, 2026
$780,000
B
3 beds2 baths1,916 sq ft
1675 Bradach Rd, Ely, MN 55731
SOLD JUN 30, 2026
$272,500
C
1 bed1 bath1,160 sq ft
1475 Echo Trl, Ely, MN 55731
SOLD AUG 29, 2025
$614,000
D
3 beds1 bath— sq ft
1984 Grant Mcmahan Blvd, Ely, MN 55731
SOLD JUN 12, 2026
$310,000
E
2 beds2 baths967 sq ft
3784 Fenske Lake Rd Unit 5, Ely, MN 55731
SOLD JUN 30, 2026
$439,000
F
3 beds2 baths2,085 sq ft
1493 Inspiration Rd, Ely, MN 55731

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Refinance

Est. cash available

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Market trends in 55731, MN

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.7%

0.3% MoM

Median sale price

$265K

$31K MoM

Avg. days on market

53d

0 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 19 HRS AGO
$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
VIDEO TOUR
$887,900
2 beds1 bath525 sq ft
3530 North Arm Rd, Ely, MN 55731
$117,000
3 beds1 bath918 sq ft
31 E Harvey St, Ely, MN 55731
3D WALKTHROUGH
$395,000
2 beds1 bath955 sq ft
13412 Bear Paw Trl, Ely, MN 55731
See all

Provided by Redfin

Sale history for 3488 North Arm Rd

Year

Property tax

Land + Additions

Assessment*

2026

$4,474 (+16.0%)

$256,500 + $1,100

$257,600

2025

$3,858 (+4.2%)

$223,000 + $900

$223,900

2024

$3,704 (+8.1%)

$210,300 + $1,100

$211,400

2023

$3,426 (+4.0%)

$178,400 + $900

$179,300

2022

$3,294 (−3.2%)

$182,200 + $600

$182,800

2021

$3,404 (+5.9%)

$182,200 + $102,400

$284,600

2020

$3,214 (−0.5%)

$182,200 + $102,400

$284,600

2019

$3,230 (+0.2%)

$191,000 + $96,900

$287,900

2018

$3,222 (−0.6%)

$190,900 + $96,900

$287,800

2017

$3,240 (−2.1%)

$190,900 + $96,900

$287,800

2016

$3,310 (−0.3%)

$201,000 + $96,900

$297,900

2014

$3,319 (−0.7%)

$197,600 + $96,600

$294,200

2013

$3,344

$197,600 + $96,600

$294,200

Tax history for 3488 North Arm Rd

Year

Property tax

Land + Additions

Assessment*

2026

$4,474 (+16.0%)

$256,500 + $1,100

$257,600

2025

$3,858 (+4.2%)

$223,000 + $900

$223,900

2024

$3,704 (+8.1%)

$210,300 + $1,100

$211,400

2023

$3,426 (+4.0%)

$178,400 + $900

$179,300

2022

$3,294 (−3.2%)

$182,200 + $600

$182,800

2021

$3,404 (+5.9%)

$182,200 + $102,400

$284,600

2020

$3,214 (−0.5%)

$182,200 + $102,400

$284,600

2019

$3,230 (+0.2%)

$191,000 + $96,900

$287,900

2018

$3,222 (−0.6%)

$190,900 + $96,900

$287,800

2017

$3,240 (−2.1%)

$190,900 + $96,900

$287,800

2016

$3,310 (−0.3%)

$201,000 + $96,900

$297,900

2014

$3,319 (−0.7%)

$197,600 + $96,600

$294,200

2013

$3,344

$197,600 + $96,600

$294,200

*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

8.69 Acres

Year renovated

—

Sq. Ft.

966

Year built

2008

Style

Other

County

St. Louis County

APN

465-0115-00050

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: Common, Gravel, None

Interior

Bathroom Information
# of Half Bathrooms: 1

Heating & Cooling
Cooling: None
Has Heating
Heating: Fireplace(s), Propane, Electric, Floor Furnace

Interior Features
Interior Features: Ceiling Fan(s), Sauna, Master Downstairs
Appliances: Microwave, Range, Refrigerator
Flooring: Hardwood
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas

Exterior

Exterior Features
Exterior Features: Dock
Patio And Porch Features: Deck
Roof: Metal

Building Information
Above Grade Finished Area: 986
# of Stories Total: 1
Construction Materials: Other
Foundation Details: Pillar/Post/Pier

Property Features
On Waterfront
Waterfront Features: Lake
Has View
Other Equipment: Satellite Dish
Other Structures: Shed(s)

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
Water Body Name: Burntside
Road Responsibility: Public Maintained Road
Road Frontage Type: County Road
Lot Size Dimensions: 344 x 1140
Lot Size Acres: 9

Financial

Tax Information
Tax Annual Amount: $3,619

Utilities

Utility Information
Water Source: Private
Sewer: Holding Tank

Location

HOA Information
Has Homeowners Association
Association Amenities: Sauna
Association Fee: $1,000
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $83.33

Schools Information
High School District: Ely #696

Location Information
Directions: From Ely, travel east on Hwy 169 to Grant McMahan Blvd. Turn left and follow for 2.3 miles to the Echo Trail. Turn right and follow for 8.6 miles to North Arm Road. Turn left, continue for 4.4 miles. Turn left into the Kewanena driveway. Take first right and follow to end of the driveway to the Johnson Cabin sign. Cabin is on your left.

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 966
Stories: 2.0
Lot Size: 8.69 acres
Style: Other
Year Built: 2008
Year Renovated: —
County: St. Louis County
APN: 465-0115-00050

Home facts updated by county records on Aug 7, 2026

Other

Listing Information
AttributionContact: ***

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 7.8mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 7.8mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 7.8mi

9/10

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 92° 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

NEW 19 HRS AGO3D WALKTHROUGH

$648,500

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5005 N Lake Vermilion, Tower, MN 55790

3D WALKTHROUGH

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3D WALKTHROUGH

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New listings for sale in 55790

NEW 19 HRS AGO3D 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

VIDEO TOUR

$887,900

2 beds1 bath525 sq ft

3530 North Arm Rd, Ely, MN 55731

$117,000

3 beds1 bath918 sq ft

31 E Harvey St, Ely, MN 55731

3D WALKTHROUGH

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2 beds1 bath955 sq ft

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Home values near 3488 North Arm Rd

Data from public records.

Address	Redfin Estimate
3536 North Arm Rd, Ely, MN - Beds \| 1 Baths \| 731 Sq. Ft.	$719,529
3422 North Arm Rd, Ely, MN 3 Beds \| 2 Baths \| 1506 Sq. Ft.	$1,527,401

Address	Redfin Estimate
3542 North Arm Rd, Ely, MN 3 Beds \| - Baths \| 660 Sq. Ft.	$563,252
3486 North Arm Rd, Ely, MN 2 Beds \| 1 Baths \| 756 Sq. Ft.	$882,638

Address	Redfin Estimate
3460 North Arm Rd, Ely, MN 2 Beds \| 2 Baths \| 1668 Sq. Ft.	$1,185,222
3390 North Arm Rd, Ely, MN 1 Beds \| 1 Baths \| 783 Sq. Ft.	$516,596

Property information provided by LSAR when last listed in 2024. This data may not match . Learn more.

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