OFF MARKET

Off market jul 2023 for $275K

$389,712

•

1,150

sq ft

469 Sunset Rd #5, Ely, MN 55731

About this home

Unique opportunity to own an affordable cabin in Ely with use of over 600 feet of West facing shoreline and awesome sunsets. Very well kept 3 bedroom fully furnished cabin conveniently located just 5 miles from town on excellent roads. Many upgrades and improvements over the last several years. This is an LLC shared ownership with this unit owning approximately 9.85 % of the LLC which represents the owners cabin and their share of the other "common property". Fully improved. Water, power, septic and LP gas. Grounds and general maintenance included in the reasonable quarterly maintenance fee. This is not a fractional share. Cabin use only by this specific shareholder, their family and friends. No rentals allowed or required.

Single-familyProperty Type

1950Year Built

3.58 acresLot Size

$339Est. Price/Sq.Ft.

Contact: ***

Bought with Jim Burke • Keller Williams Classic Realty - Duluth

Redfin checked: a few seconds ago

•Source:LSAR as distributed by WIREX #6108285

Redfin Estimate

$389,712

$115K since sold in July 2023$13K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14% higher than the average sale price ($342K) of 6 comparable homes.

SOLD AUG 24, 2026
$475,000
A
3 beds1.5 baths1,248 sq ft
13359 Villa Rd, Ely, MN 55731
SOLD JUL 31, 2026
$519,000
B
3 beds2 baths1,320 sq ft
413 Sunset Rd, Ely, MN 55731
SOLD JUL 29, 2026
$249,000
C
3 beds1.5 baths1,480 sq ft
1419 E Chapman St, Ely, MN 55731
SOLD OCT 1, 2026
$418,000
D
2 beds2 baths— sq ft
2734 Bear Island River Rd, Ely, MN 55731
SOLD SEP 21, 2026
$140,000
E
4 beds1 bath1,011 sq ft
24 N Pioneer Rd, Ely, MN 55731
SOLD MAY 29, 2026
$249,900
F
3 beds2 baths1,126 sq ft
712 E Pattison St, Ely, MN 55731

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Earn from this home

Rent

$2,144/mo

Redfin rental estimate

List your home for rent

Market trends in 55731, MN

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

93.8%

1.2% MoM

Median sale price

$273K

$4K MoM

Avg. days on market

62d

20 days MoM

Recently sold homes

7 MoM

New listings for sale

3D WALKTHROUGH
$499,000
2 beds1 bath832 sq ft
190 Onigum Trl, Ely, MN 55731
$675,000
2 beds1 bath960 sq ft
2166 Passi Rd, Ely, MN 55731
3D WALKTHROUGH
$585,000
2 beds2 baths1,775 sq ft
1877 Echo Trl, Ely, MN 55731
$390,000
4 beds2 baths1,400 sq ft
000 Fernberg Rd, Fall Lake Township, MN 55731
3D WALKTHROUGH
$674,000
4 beds2 baths2,720 sq ft
139 Fernberg Rd, Ely, MN 55731
$169,000
3 beds1 bath1,087 sq ft
34 N Klondike Dr, Ely, MN 55731
3D WALKTHROUGH
$450,000
2 beds2 baths1,260 sq ft
1875 Echo Trl, Ely, MN 55731
$429,900
2 beds1 bath998 sq ft
2793 Wolf Track Trl, Ely, MN 55731
See all

Provided by Redfin

Sale history for 469 Sunset Rd #5

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Lake County

APN

28-6311-32920

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 6, 2025.

Property details

Parking

Parking/Garage Information
Parking Features: None

Interior

Bathroom Information
# of Three Quarter Bathrooms: 2

Heating & Cooling
Has Heating
Heating: Propane

Interior Features
Interior Features: Master Downstairs
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning

Exterior

Exterior Features
Exterior Features: Boat Slip
Roof: Metal

Building Information
Above Grade Finished Area: 1,150
# of Stories Total: 1
Foundation Details: Pillar/Post/Pier

Property Features
On Waterfront
Waterfront Features: Lake

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

Lot Information
Water Body Name: White Iron
Road Frontage Type: Private Road
Lot Size Dimensions: 632 x 246
Lot Size Acres: 3.58

Financial

Tax Information
Tax Annual Amount: $1,220

Utilities

Utility Information
Water Source: Private
Sewer: Private Sewer, Shared Septic

Location

HOA Information
Has Homeowners Association
Association Amenities: Beach Access
Association Fee: $350
Association Fee Frequency: Quarterly
Derived Association Fee (Monthly): $116.67
Association Fee Includes: Snow Removal, Water, Maintenance Grounds

Schools Information
High School District: Ely #696

Location Information
Directions: Travel east of Ely to Kawishiwi Trail. Go approximately 3 mile (must go over Silver Rapids bridge) to Sunset Rd on the right. Turn right on to Sunset road and go about a 1/4 miles to the property. You will see the Sunset Lodge sign. Turn right and continue through the development and the cabin wil be the last one on the left before reentering Sunset Rd.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Lake County
APN: 28-6311-32920

Home facts updated by county records on Jun 6, 2025

Other

Listing Information
AttributionContact: ***

Around this home

Schools

Minnehaha Elementary School

Public PreK-5 • Assigned • 60.3mi

6/10

Two Harbors Secondary

Public 6-12 • Assigned • 58.5mi

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

2/10 Fire Factor

0.00% 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?

Track this home’s value and nearby sales activity

Nearby similar homes

3D WALKTHROUGH

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New listings for sale in 55731

3D WALKTHROUGH

$499,000

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2166 Passi Rd, Ely, MN 55731

3D WALKTHROUGH

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2 beds2 baths1,775 sq ft

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$390,000

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000 Fernberg Rd, Fall Lake Township, MN 55731

3D WALKTHROUGH

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$169,000

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3D WALKTHROUGH

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Home values near 469 Sunset Rd #5

Data from public records.

Address	Redfin Estimate
429 Sunset Rd, Ely, MN 2 Beds \| 2 Baths \| 1143 Sq. Ft.	$673,470
441 Sunset Rd, Ely, MN 3 Beds \| 3.5 Baths \| 6760 Sq. Ft.	$982,569

Address	Redfin Estimate
469 Sunset Rd Apartment 4, Ely, MN 2 Beds \| 1 Baths \| 1800 Sq. Ft.	$369,756
453 Sunset Rd, Ely, MN 2 Beds \| - Baths \| 640 Sq. Ft.	$268,057

Address	Redfin Estimate
211 Sunset Rd, Ely, MN - Beds \| - Baths \| - Sq. Ft.	—
469 Sunset Rd, Ely, MN 2 Beds \| 1 Baths \| 720 Sq. Ft.	$592,830

Property information provided by LSAR as distributed by WIREX when last listed in 2023. This data may not match . Learn more.

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