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For sale
  • $619,000

    3062 Snowbank Lake Rd, Ely, MN 55731

    2beds
    2,200sqft
    : 
    Single Family Residence
    Built in 2008
    40 Acres Lot
    $600,800 Zestimate®
    $281/sqft
    $-- HOA

    What's special

    Very modern kitchenSpacious dining areaNatural cedar sidingGuest bedroomSpectacular great roomStunning pine interior doorsSpacious walk in closet
    Ultimate privacy near the Boundary Waters! This awesome year-around first class home on aprox 40 acres, has Superior National Forest lands on 3 sides, is off grid and set up with solar and propane generator power to provide all the comforts of home in this very special end of the road location. This large 2 bedroom, 2 bath home has over 2000 square feet of living space above the full basement, and has a spectacular great room that houses the living room-with its floor to cathedral ceiling wood burning stone fireplace, the very modern kitchen, and spacious dining area! Great views of the surrounding wilderness! Also on the main floor are the huge primary bedroom, with private full bath, and spacious walk in closet. Down the hall the other way from the great room is the guest bedroom, a large office, and 3/4 bath. Also, the back room that has the laundry area. Upstairs is a gorgeous loft that is a second large living room. Downstairs is the full basement with large workshop and storage galore! The home has a huge wraparound on 2 sides screened in porch that gets alot of use for enjoying the great views! There is also a viewing deck off the great room. There are two separate 2 stall garages, both with full electric. Off the back of the garage nearest the house is the generator building that houses the propane generator and high tech batteries that power the home along with the ample solar power. Other features are central air conditioning, natural cedar siding, birch tongue and groove flooring, hickory cabinets in the kitchen, along with mesabi black granite counter tops, and stunning pine interior doors. This is a one of a kind property from its great location, to its amazing craftmanship throughout, its gorgeous ledgerock outcrops, and its close proximity to Snowbank Lake, Moose Lake, and Lake One--all first class Boundary Waters lakes. All of this and just a 25 minute drive to Ely! Never worry about another power outage again!! The sale also includes a very newish (300 hours) John Deere 326E skid steer with attachments for snow blower, grapple bucket, pallet forks, and utility bucket, a H&H trailer, and hydraulic jack..aprox 50k in value!
    8 hours
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Hway 218-349-0906,

    Bear Island Realty LLC,

    Zachary Hway 651-341-0383,

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124504MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Den/Office, Storage Room, Workshop, 3 Season Porch, Great Room
      Primary bedroom
      • Description: Huge with adjoining en-suite and 7 x 7.5 walk in closet
      • Level: Main
      • Area: 253.5 Square Feet
      • Dimensions: 13 x 19.5
      Bedroom
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 10 x 13
      Bathroom
      • Description: Large full bath with tub, shower etc. with the primary bedroom
      • Level: Main
      • Area: 84 Square Feet
      • Dimensions: 7 x 12
      Great room
      • Description: Living, kitchen, dining, open concept
      • Level: Main
      • Area: 725 Square Feet
      • Dimensions: 25 x 29
      Loft
      • Description: Large 2nd living room
      • Level: Upper
      • Area: 380 Square Feet
      • Dimensions: 19 x 20
      Office
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 11 x 13
      Other
      • Description: Porch also acts as the laundry room
      • Level: Main
      • Area: 90 Square Feet
      • Dimensions: 5 x 18
      Heating
      • Fireplace(s), Forced Air, Wood, Propane
      Cooling
      • Central Air
      Appliances
      • Laundry: Dryer Hook-Ups, Washer Hookup
      Features
      • Ceiling Fan(s), Vaulted Ceilings, Walk-In Closet(s)
      • Flooring: Hardwood Floors
      • Windows: Double Glazed, Wood Frames
      • Basement: Full,Unfinished,Walkout
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total interior livable area: 2,200 sqft
      • Finished area above ground: 2,200
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Gravel, Detached, Electrical Service, Slab
      • Garage spaces: 4
      Features
      • Has view: Yes
      • View description: Panoramic
      Lot
      • Size: 40 Acres
      • Dimensions: 1320 x 1320
      • Features: Tree Coverage - Heavy, Rolling Slope
      Details
      • Additional structures: Storage Shed
      • Parcel number: 28630910430
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Wood, Frame/Wood
      • Foundation: Concrete Perimeter, Insulated Form
      • Roof: Asphalt Shingle
      Condition
      • Previously Owned
      • Year built: 2008

      Utilities & green energy

      • Electric: Lake Country Power
      • Sewer: Private Sewer, Mound Septic
      • Water: Drilled

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $281/sqft
      • Annual tax amount: $3,673
      • Date on market: 4/15/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Unimproved
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        Estimated market value

        $600,800

        $571,000 - $631,000

        $2,537/mo

        Price history

        DateEventPrice
        4/15/2026Listed for sale$619,000-1.6%$281/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6124504 Report a problem
        11/6/2025Listing removed$629,000$286/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121350 Report a problem
        10/7/2025Price change$629,000-3.1%$286/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121350 Report a problem
        9/9/2025Price change$649,000-4.4%$295/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121350 Report a problem
        8/15/2025Listed for sale$679,000$309/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6121350 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment
        $3,389/mo
        Principal & interest
        $3002
        Property taxes
        $387
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          Climate risks

          Neighborhood: 55731

          Getting around

          0 / 100
          Car-Dependent
          10 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          No schools nearby

          We couldn't find any schools near this home.

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