OFF MARKET

Off Market Oct 2024 for $900K

$1,020,775

Est. refi paymentEst. refi $4,357/mo

•

—

sq ft

435 Sunset Rd, Ely, MN 55731

About this home

This Stunning custom built 3600 sq ft ranch walk-out coveted White Iron Lake located just minutes to Ely/BWCA is situated on 1.10 acres and 215 ft of waterfront. The main floor features an open concept design with vaulted ceiling, floor to ceiling windows offering incredible lake views, and expansive deck perfect for entertaining. The kitchen has tons of cabinet space, stainless steel appliances and a large counter to gather around. Natural light filled spacious dining room and living room with wood burning FP. With the primary suite, private updated en-suite bath with soaking tub, walk-in shower, heated tile, an additional bedroom, bathroom and laundry room, main floor living is effortless. The walkout features a large office, media/rec room with another wood burning FP, 2 bedrooms, full bath and ample storage. The lakeshore has incredible views, new dock, potting shed, raised garden beds and apple trees. Attached 2 stall garage. New roof & gutters. Tranquil Northern MN awaits you!

Single-familyProperty Type

1996Year Built

1.1 acresLot Size

2 car garageParking

Listed by Sherry Anderson • Vermilion Land Office, Inc.

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6479361

Redfin Estimate

$1,020,775

$121K since sold in October 2024$48K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 58.9% higher than the average sale price ($642K) of 6 comparable homes.

SOLD JUL 17, 2026
$640,000
A
4 beds3 baths3,336 sq ft
2211 Spaulding Dr, Ely, MN 55731
SOLD FEB 20, 2026
$205,000
B
3 beds3 baths3,048 sq ft
1280 Heather St, Ely, MN 55731
SOLD SEP 30, 2025
$1,264,900
C
4 beds2 baths— sq ft
13315 Aurora Dr, Ely, MN 55731
SOLD JAN 16, 2026
$805,000
D
3 beds2.5 baths2,373 sq ft
631 Circle Dr, Ely, MN 55731
SOLD JUL 31, 2026
$519,000
E
3 beds2 baths1,320 sq ft
413 Sunset Rd, Ely, MN 55731
SOLD JUN 22, 2026
$420,000
F
3 beds3 baths1,532 sq ft
1859 Bobence Rd, Ely, MN 55731

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Earn from this home

Refinance

Est. cash available

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Rent

$2,866/mo

Redfin rental estimate

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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

$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
3D WALKTHROUGH
$449,000
2 beds2 baths1,389 sq ft
1772 Hwy 120, Ely, MN 55731
3D WALKTHROUGH
$850,000
3 beds2 baths1,904 sq ft
14653 & 14655 Hulstrand Rd, Ely, MN 55731
3D WALKTHROUGH
$370,000
2 beds1 bath728 sq ft
1583 Jewel Ridge Rd, Ely, MN 55731
$710,000
3 beds3 baths1,427 sq ft
1756 Grant Mcmahan Blvd, Ely, MN 55731
3D WALKTHROUGH
$395,000
2 beds1 bath760 sq ft
1736 N Grassy Rd, Ely, MN 55731
See all

Provided by Redfin

Sale history for 435 Sunset Rd

Date

Event

Price

RAOR #146233

Oct 18, 2024

Sold

$900,000

Sep 3, 2024

Pending

—

Mar 21, 2024

Price Changed

$949,900

Jan 23, 2024

Listed

$969,900

+30

This Stunning custom built 3600 sf walk-out ranch on coveted White Iron Lake located just minutes to Ely/BWCA is situated on 1.10 acres and 215 ft of waterfront. The main floor features an open concept design with vaulted ceiling, floor to ceiling windows offering incredible lake views, and expansive deck perfect for entertaining. The kitchen has tons of cabinet space, stainless steel appliances and a large counter to gather around. Natural light filled spacious dining room/living room with a wood-burning FP. The private primary suite has an updated ensuite with soaking tub, walk-in shower, & heated tile. An additional BR, bath and laundry makes main floor living effortless. The lower level walkout features a large office, family room with a 2nd wood-burning FP, 2 BRs, 3/4 bath and ample storage space. The lakeshore has incredible views and a new dock. A storage shed, raised garden beds & apple trees. Attached 2-stall garage. New roof & gutters. Tranquil Northern MN living awaits you!

LSAR #6112003

Oct 18, 2024

Sold

$900,000

Jan 22, 2024

Listed

$949,900

+45

This Stunning custom built 3600 sq ft ranch with a lower level walk-out on coveted White Iron Lake located just minutes from Ely/BWCA is situated on 1.1 acres and 215 ft of waterfront. The main floor features an open concept design with vaulted ceiling, floor to ceiling windows offering incredible lake views, and expansive deck perfect for entertaining. The kitchen has tons of cabinet space, stainless steel appliances and a large counter to gather around. Natural light filled spacious dining room and living room with wood burning FP. With the primary suite, private updated en-suite bath with soaking tub, walk-in shower, heated tile, an additional bedroom, bathroom and laundry room, main floor living is effortless. The lower level walkout features a large office, family room with a 2nd wood-burning FP, 2 bedrooms, 3/4 bath, a utility room and ample storage. The lakeshore has incredible views, new dock, potting shed, raised garden beds and apple trees. 2-stall attached garage. New roof & gutters. Tranquil Northern MN awaits you!

NORTHSTARMLS as Distributed by MLS Grid #6479361

Oct 18, 2024

Sold

$900,000

Sep 3, 2024

Contingent

—

Mar 21, 2024

Price Changed

$949,900

Jan 22, 2024

Listed

$969,900

NORTHSTARMLS as Distributed by MLS Grid #6127058

May 27, 2022

Sold

$850,000

Apr 11, 2022

Pending

—

Nov 12, 2021

Listed

$895,000

RAOR #140596

May 27, 2022

Sold

$850,000

Nov 30, 2020

Listed

$895,000

LSAR #6094239

May 27, 2022

Sold

$850,000

Nov 25, 2020

Listed

$895,000

Public Records

May 17, 2006

Sold

$700,000

Public Records

Feb 10, 2006

Sold

$700,000

Year

Property tax

Land + Additions

Assessment*

2026

$5,393 (−21.2%)

$135,400 + $614,900

$750,300

2025

$6,847 (+70.0%)

$135,400 + $759,000

$894,400

2024

$4,027 (+22.9%)

$120,100 + $766,800

$886,900

2023

$3,276 (−25.5%)

$120,100 + $596,100

$716,200

2022

$4,397 (+11.6%)

$115,500 + $417,600

$533,100

2021

$3,942 (−3.4%)

$115,500 + $363,500

$479,000

2020

$4,081 (+1.2%)

$159,000 + $299,100

$458,100

2019

$4,033 (−3.3%)

$159,000 + $299,100

$458,100

2018

$4,171 (+17.6%)

$166,600 + $302,600

$469,200

2017

$3,548 (+1.8%)

$158,900 + $255,000

$413,900

2016

$3,486 (+1.5%)

$158,900 + $257,900

$416,800

2015

$3,433 (+20.8%)

$158,900 + $244,300

$403,200

2013

$2,843

$174,100 + $249,800

$423,900

Tax history for 435 Sunset Rd

Year

Property tax

Land + Additions

Assessment*

2026

$5,393 (−21.2%)

$135,400 + $614,900

$750,300

2025

$6,847 (+70.0%)

$135,400 + $759,000

$894,400

2024

$4,027 (+22.9%)

$120,100 + $766,800

$886,900

2023

$3,276 (−25.5%)

$120,100 + $596,100

$716,200

2022

$4,397 (+11.6%)

$115,500 + $417,600

$533,100

2021

$3,942 (−3.4%)

$115,500 + $363,500

$479,000

2020

$4,081 (+1.2%)

$159,000 + $299,100

$458,100

2019

$4,033 (−3.3%)

$159,000 + $299,100

$458,100

2018

$4,171 (+17.6%)

$166,600 + $302,600

$469,200

2017

$3,548 (+1.8%)

$158,900 + $255,000

$413,900

2016

$3,486 (+1.5%)

$158,900 + $257,900

$416,800

2015

$3,433 (+20.8%)

$158,900 + $244,300

$403,200

2013

$2,843

$174,100 + $249,800

$423,900

*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

0.5 Acres

Year renovated

2005

Sq. Ft.

1,829

Year built

1996

Style

Single Family Residential

County

Lake County

APN

28-6271-05020

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 12, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Gravel, Garage Door Opener
Garage Spaces: 2
Garage Dimensions: 24x26
Garage Sq. Ft.: 624
Carport Spaces: 0

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 2
Description: 3/4 Basement,His and Her Closets ,Private Primary,Main Floor 3/4 Bath

Room 1 Information
Room Type: Living Room
Room Dimensions: 18'6x18
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 19x15
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 15x10
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Dimensions: 27'10x23
Room Level: Lower

Room 5 Information
Room Type: Office
Room Dimensions: 17'7x15'5
Room Level: Lower

Room 6 Information
Room Type: Bedroom 3
Room Dimensions: 15'4x14'4
Room Level: Lower

Room 7 Information
Room Type: Bedroom 4
Room Dimensions: 13'2x12'5
Room Level: Lower

Room 8 Information
Room Type: Bedroom 1
Room Dimensions: 17'3x14'3
Room Level: Main

Room 9 Information
Room Type: Bedroom 2
Room Dimensions: 12'9x10
Room Level: Main

Room 10 Information
Room Type: Laundry
Room Dimensions: 10'11x7'6
Room Level: Main

Room 11 Information
Room Type: Primary Bathroom
Room Dimensions: 14x7
Room Level: Main

Basement Information
Has Basement
Basement Features: Egress Window(s), Finished, Full, Walkout, Wood

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

Other Rooms Information
Main Floor Primary,Main Floor Bedroom,Main Floor Laundry,Primary Bdr Suite

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Family Room, Living Room, Wood Burning

Heating & Cooling
Heating Information: Hot Water, Radiant Floor
Cooling Information: Ductless Mini-Split

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Family Room, Office, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Laundry, Primary Bathroom
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Exterior

Building Information
Construction Materials: Wood Siding
Foundation Area: 1,800
Roof: Asphalt

Exterior Features
Patio Porch Type: Composite Decking,Deck,Patio

Waterfront Information
On Waterfront
Waterfront Features: Dock, Lake Front, Lake View
Water Body Name: White Iron
Waterfront Num: 69000400
Lake Acres: 3,237
Lake Bottom: Gravel,Rocky
Lake Classification: Recreational Development
Lake Depth: 47
Waterfront Feet: 215
Road Between Waterfront And Home Y/N: No

Property Information
Above Ground Total Sq. Ft.: 1,800
Below Ground Total Sq. Ft.: 1,800
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Storage Shed
Has Additional Parcels
Above Grade Finished Area: 1,800
Below Grade Finished Area: 1,800

Lot Information
Lot Features: Accessible Shoreline, Underground Utilities
Lot Size Area: 1.1
Lot Size Units: Acres
Lot Size Dimensions: 216x231x241x204
Road Frontage Type: County Road, Township
Road Responsibility: Public Maintained Road

Financial

Assessment Information
Other Annual Assessment Amount: $85

Tax Information
Tax Annual Amount: $7,371
Tax Year: 2024
Tax With Assessments: $7,456

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Private
Power Company Name: Minnesota Power
Sewer: Private Sewer
Fuel: Propane

Location

School Information
High School District: Lake Superior
School District Number: 381
School District Phone: 218-834-8216

Location Information
Directions: Hwy 169 East from Ely to Kawishiwi Trail. Follow past Silver Rapids Lodge to Sunset Road to Fire #435.
Map Coordinate: 999-A1

Public facts

Beds: 4
Baths: —
Sq. Ft.: 1,829
Stories: —
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: 2005
County: Lake County
APN: 28-6271-05020

Home facts updated by county records on Aug 12, 2026

Other

Home Information
Living Area: 3600
Main Level Finished Area: 1800.0000
Building Area Total: 3600
Foundation Dimensions: 30x60
Age Of Property: 29
Levels: One

Around this home

Schools
Places
Transit

Minnehaha Elementary School

Public PreK-5 • Assigned • 60.0mi

6/10

Two Harbors Secondary

Public 6-12 • Assigned • 58.2mi

7/10

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 91° 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

In this area, properties receive around 8.4 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 435 Sunset Rd

Data from public records.

Address	Redfin Estimate
429 Sunset Road, Ely, MN 2 Beds \| 2 Baths \| 1143 Sq. Ft.	$717,431
441 Sunset Road, Ely, MN 3 Beds \| 3.5 Baths \| 6760 Sq. Ft.	$948,064

Address	Redfin Estimate
469 Sunset Road #4, Ely, MN 2 Beds \| 1 Baths \| 1800 Sq. Ft.	$355,334
453 Sunset Road, Ely, MN 2 Beds \| - Baths \| 640 Sq. Ft.	$276,316

Address	Redfin Estimate
413 Sunset Road, Ely, MN 3 Beds \| 2 Baths \| 1320 Sq. Ft.	$486,533
469 Sunset Road, Ely, MN 2 Beds \| 1 Baths \| 720 Sq. Ft.	$610,011

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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