Gem property only available due to a job change!Nearly new,custom built 1-1/2 story yr-rd lake home, 4 bed,3 ba,3 car gar, sits on 2.4 acres on the shores of Farm Lake,with 212 ft of level shoreline!Amazing wooded lot with very gradual elevation to the lake (no stairs to get to the dock!) and beautiful views from every window!With this much nature and wildlife its hard to believe that you are only 5 miles from the quaint town of Ely with an array of shops, restaurants and live music.This home will stun from the moment you walk in the door, with vaulted ceilings over the Great Room,beautiful 2 story stone fireplace, custom 2 story Marvin windows to view lake and sky(south facing!).Great open floor plan with large chefs kitchen that feature custom cabinetry,granite ctertops, stainless appliances, wall oven, custom venthood above the range and a pantry, & large island!Open to the dining with access to the large patio for outdoor dining and relaxing.There's also a beautiful sunroom w/stone fireplace to enjoy morning coffee or curl up with a good book!Main flr primary suite with large windows for amazing day &night time views, walk-in closet, ensuite bath w/double sinks and tiled walk-in shower!There is a mud room/laundry room with built in cubby system off the oversized 3 car hted garage for added convenience. Luxury plank flooring and tile throughout the main lvl with in-floor heat (as well as forced air and central AC).The upper lvl has amazing family room with open loft for spectacular views of the lake and woods! 2 dedicated bedrooms on the upper level, as well as another flex rm-bunk rm, bedrm,office,craft rm,you decide!There is a full bath and dual vanity upstairs as well!Back outside along with the nature views, this home shines with its Smart LP engineered wood siding, stonework,a porch,a patio&flagstone firepit area w/a path to the dock and lake! Storage shed. Compliant septic system and well. This property is a boating and fishing paradise, Farm Lake itself is over 1200 acres with restaurants and resorts on the lake, access to the White Iron Chain of lakes over 6,000 acres, the Kawishiwi River and direct access to the BWCA, you will never tire of the lake! Don't miss another day in this paradise!
Sold for $1,430,000
$1,430,000
590 Riverview Rd, Ely, MN 55731
4beds
2,898sqft
Single Family Residence
Built in 2023
2.4 Acres Lot
$1,444,300 Zestimate®
$493/sqft
$3,405 Estimated rent
Home value
$1,444,300
Estimated sales range
Not available
$3,405/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 08, 2025 at 04:27pm
Listed by:
Jill M Nungesser 612-644-6890,
Realty Group LLC - Maple Grove
Bought with:
Sherry Anderson, MN 40026207
Vermilion Land Office, Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6117648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Description: Primary bedroom with large windows for amazing lake and sky views! Walk in closet and ensuite bath with dual sinks and walk in tile shower.
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15 x 14
Bedroom
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 16 x 10
Bedroom
- Description: Flex room could be bunkroom, bedroom, office or craftroom, you decide. No closet currently.
- Level: Upper
- Area: 240 Square Feet
- Dimensions: 10 x 24
Bedroom
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14 x 13
Dining room
- Description: Open dining room flows to kitchen, sunroom and living room. Large patio door with access to patio.
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10 x 13
Family room
- Description: Nice sized family room with loft for spectacular views out the 2 story windows of the lake and sky!
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 14 x 17
Foyer
- Description: Welcoming foyer with stunning views of the 2 story windows to the lake and great room.
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8 x 10
Kitchen
- Description: Spacious chefs kitchen with large island, custom cabinetry, granite countertops, custom venthood, double ovens, stainless appliances and pantry.
- Level: Main
- Area: 324 Square Feet
- Dimensions: 18 x 18
Living room
- Description: Large great room with 2 story vaulted ceiling, 2 story stone fireplace and 2 story custom Marvin windows.
- Level: Main
- Area: 324 Square Feet
- Dimensions: 18 x 18
Mud room
- Description: Well appointed mud room/laundry room right off of the 3 car heated garage for added convenience.
- Level: Main
- Area: 144 Square Feet
- Dimensions: 16 x 9
Patio
- Description: Large patio off the dining area, great for outdoor dining, entertaining or relaxing!
- Level: Main
- Area: 288 Square Feet
- Dimensions: 24 x 12
Sun room
- Description: Beautiful sunroom flooded with natural light and cozy with a second stone fireplace.
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13 x 16
Heating
- Dual Fuel/Off Peak, Fireplace(s), Forced Air, In Floor Heat, Propane, Electric
Cooling
- Central Air
Appliances
- Included: Water Filtration System, Water Softener-Owned, Water Heater-Tankless, Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven
- Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
Features
- Ceiling Fan(s), Kitchen Island, Natural Woodwork, Vaulted Ceiling(s), Walk-In Closet(s), Foyer-Entrance
- Flooring: Tiled Floors
- Doors: Patio Door
- Has basement: Yes
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total interior livable area: 2,898 sqft
- Finished area above ground: 2,898
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Gravel, Attached, Drains, Electrical Service, Heat, Insulation, Slab
- Attached garage spaces: 3
Features
- Patio & porch: Patio, Porch
- Exterior features: Dock
- Has view: Yes
- View description: Inland Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Elevation-Low)
- Body of water: Farm
- Frontage length: 212
Lot
- Size: 2.40 Acres
- Dimensions: 536 x 71 x 132 x 533 x 178 x 22
- Features: Accessible Shoreline, Landscaped, See Remarks
Details
- Additional structures: Storage Shed
- Parcel number: 28638701020
- Other equipment: Air to Air Exchange, Fuel Tank-Rented
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stone, Composition, Concrete Block, Frame/Wood, Insulating Concrete Forms
Condition
- Previously Owned
- Year built: 2023
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Private Sewer, Mound Septic
- Water: Private, Drilled
- Utilities for property: Satellite
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $1,430,000-4.3%$493/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6117648 Report a problem | ||
| 3/7/2025 | Pending sale | $1,495,000$516/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6653751 Report a problem | ||
| 3/5/2025 | Contingent | $1,495,000$516/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117648 Report a problem | ||
| 2/2/2025 | Listed for sale | $1,495,000+896.7%$516/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6653751 Report a problem | ||
| 9/23/2020 | Sold | $150,000-10.7%$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,391 +16% | $1,105,500 +32.2% |
| 2024 | $4,649 +108.9% | $836,100 +29.4% |
| 2023 | $2,225 +69.9% | $646,200 +298.4% |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
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- Minnesota
- Lake County
- Ely
- 55731
- 590 Riverview Rd