This home's estimate is 71.2% higher than the average sale price ($381K) of 6 comparable homes.
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655 Point Dr, Ely, MN 55731
About this home
Garden Lake Home- This well designed home, custom built in 2002, features one level living on Garden Lake. 3 bedrooms, master bath & guest bath, sun room, living room, kitchen-dining room, main floor laundry and pantry. Lake views from the living room, sun room, and master bedroom. Entrance to the 2 car detached garage is from the laundry room. In floor, off-peak heat. Two 200 amp circuit breaker panels. Drilled well & mound septic system. Also includes a 20 X 16 dry cabin on a 20 X 20 foundation. Storage shed. Wood shed. Paved access to the garage. Wooded lot with gentle path leading to the 190 ft of lakeshore. The home is situated on the lot to provide privacy. Garden Lake is connected to a chain of lakes including White Iron, Farm, South Farm, and the Kawishiwi River. Access to the BWCA. A great opportunity to own a year round home on Garden Lake in Ely, Minnesota.
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Market trends in 55731, MN
Last updated August 2026
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Sale history for 655 Point Dr
$386/sq ft
$411/sq ft
$411/sq ft
Tax history for 655 Point Dr
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- # of Garage Spaces: 2
- Parking Features: Asphalt, Off Street, Other, Garage Door Opener, Attached
Interior
- Bathroom Information
- # of Full Bathrooms: 1
- # of Three Quarter Bathrooms: 1
- Heating & Cooling
- Cooling: None
- Has Heating
- Heating: Wood, Floor Furnace
- Interior Features
- Interior Features: Eat-in Kitchen, Natural Woodwork, Master Downstairs
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Tile
- Room Information
- Laundry Features: Washer Hookup, Main Level
- Basement Details: None
Exterior
- Exterior Features
- Exterior Features: Boat Slip, Dock
- Patio And Porch Features: Deck
- Roof: Asphalt, Shingle
- Building Information
- Above Grade Finished Area: 1,600
- # of Stories Total: 1
- 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: Irregular Lot, Many Trees, Level
- Water Body Name: Garden
- Road Responsibility: Public Maintained Road
- Road Frontage Type: County Road
- Lot Size Dimensions: 417 x 190
- Lot Size Acres: 2.05
- Zoning Description: Residential
Financial
- Tax Information
- Tax Annual Amount: $2,921
Utilities
- Utility Information
- Water Source: Private, Well
- Utilities: Underground Utilities
- Sewer: Private Sewer
Location
- Schools Information
- High School District: Lake Superior #381
- Location Information
- Directions: Highway 169 East from Ely. Right on Kawishiwi Trail, to left turn on Garden Lake Resort Road. Follow to Point Drive, 2nd home on the left.
Public facts
- Beds: 3
- Baths: 1.75
- Sq. Ft.: 1,400
- Stories: —
- Parking Spaces: 4
- Basement: No
- Accessible: Yes
- Lot Size: 2.05 acres
- Style: Single Family Residential
- Year Built: 2002
- Year Renovated: 2024
- County: Lake County
- APN: 28-6376-28040
- HOA Dues: —
- Garage: Yes
- Features: Views, Waterfront
Other
- Listing Information
- AttributionContact: ***
Around this home
Schools
Public PreK-5 • Assigned • 61.4mi
Public 6-12 • Assigned • 59.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 92° expected this year, 12 days in 30 years
Minimal risk of severe winds over next 30 years
0 unhealthy days expected this year, 1 days in 30 years
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.
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Home values near 655 Point Dr
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | - Sq. Ft. | $670,312 |
1 Beds | 1.5 Baths | 1390 Sq. Ft. | $644,775 |
| Address | Redfin Estimate |
|---|---|
3 Beds | - Baths | 1020 Sq. Ft. | $674,864 |
3 Beds | - Baths | - Sq. Ft. | $563,962 |
| Address | Redfin Estimate |
|---|---|
3 Beds | - Baths | 1632 Sq. Ft. | $595,824 |
3 Beds | 3 Baths | - Sq. Ft. | $951,314 |
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