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For sale
  • $500,000

    1859 Bobence Rd, Ely, MN 55731

    3beds
    1,532sqft
    : 
    Single Family Residence
    Built in 2002
    1.2 Acres Lot
    $497,100 Zestimate®
    $326/sqft
    $-- HOA

    What's special

    Westerly lake viewsTwo storage shedsSpacious lakeside deckTwo additional bedroomsEat in kitchenPaved drivewayLevel lot
    Quality-built ranch home on Clear Lake, conveniently located between Ely and Tower, MN. This 3-bedroom, 3-bath property sits on a level lot with westerly lake views, a spacious lakeside deck, and a paved driveway. The main level includes a living room with gas fireplace, an eat in kitchen, and a primary bedroom featuring built ins and an attached ¾ bath. Two additional bedrooms and a full bath complete the main floor. The partially finished lower level offers a family room, office, and additional bath, with potential for further finishing or storage. Property features include in floor and baseboard electric heat, private well and septic, an attached 1 car garage, and a detached oversized garage/workshop. Two storage sheds and a dock are included. This well-maintained home offers a blend of comfort, practicality, and lakeside enjoyment—ideal as a year round residence or Northwoods retreat.
    10 days
    |
    1,848
    |
    36
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 23, 2026 at 07:36am

    Listed by:

    Anna Yahnke 218-235-3547,

    Bear Island Realty LLC,

    Kate Davies 218-343-9173,

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors,MLS#: 6123729MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14 x 13
    Bedroom
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11 x 10
    Bedroom
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14 x 10
    Dining room
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 9 x 10
    Family room
    • Level: Basement
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Kitchen
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11 x 9
    Living room
    • Level: Main
    • Area: 286 Square Feet
    • Dimensions: 13 x 22
    Office
    • Level: Basement
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Heating
    • Baseboard, Dual Fuel/Off Peak, In Floor Heat, Electric
    Appliances
    • Included: Water Filtration System, Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Natural Woodwork
    • Windows: Energy Windows
    • Basement: Full,Egress Windows,Bath,Den/Office,Family/Rec Room,Washer Hook-Ups,Dryer Hook-Ups
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 1,532 sqft
    • Finished area above ground: 1,232
    • Finished area below ground: 300
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    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Attached, Detached, Electrical Service, Heat, Insulation
    • Attached garage spaces: 2
    Features
    • Exterior features: Dock
    • Has view: Yes
    • View description: Inland Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel)
    • Body of water: Clear
    • Frontage length: 200
    Lot
    • Size: 1.2 Acres
    • Dimensions: 225 x 250
    • Features: Tree Coverage - Medium, Level
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1232
    • Parcel number: 317013000040, 317013000030
    • Zoning description: Residential
    • Other equipment: Air to Air Exchange, Fuel Tank-Rented

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Cement Board, Frame/Wood
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 2002

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Drain Field
    • Water: Drilled

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $326/sqft
    • Tax assessed value: $65,900
    • Annual tax amount: $2,583
    • Date on market: 2/23/2026
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Conventional
    • Road surface type: Unimproved
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    Estimated market value

    $497,100

    $472,000 - $522,000

    $1,979/mo

    Price history

    Price history
    DateEventPrice
    2/23/2026Listed for sale$500,000$326/sqft
    Source: Lake Superior Area Realtors #6123729 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$634 -3.9%$65,900
    2023$660 +6.1%$65,900
    2022$622 -1%$65,900 +22.9%
    2021$628 $53,600 -1.3%
    2020$628 $54,300
    2019$628 +9.8%$54,300 +10.4%
    2018$572 +2.9%$49,200
    2017$556 -2.8%$49,200
    2016$572 +2.5%$49,200 -31.7%
    2015$558 -14.4%$72,000
    2014$652 -15.9%$72,000 -11.7%
    2013$775 +3%$81,500
    2012$752 -11.6%$81,500 -23.3%
    2011$851 -38.9%$106,200 -34.5%
    2010$1,393 $162,100
    2009$1,393 +136.3%$162,100 +77.2%
    2008$589 +35.6%$91,500 +32.8%
    2007$435 +25.4%$68,900 +33%
    2006$347 +37%$51,800 +73.8%
    2004$253 -15.1%$29,800 +27.4%
    2003$298 -3.1%$23,400 +17%
    2002$307 +43.9%$20,000 +42.9%
    2001$214 +17.9%$14,000 +16.7%
    2000$181 $12,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,829/mo
    Principal & interest
    $2383
    Property taxes
    $446

      Climate risks

      Neighborhood: 55731

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      Car-Dependent
      20 / 100
      Somewhat Bikeable

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