Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$3,900,000 -$600,000 (-13.33%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 4 Partial Baths
  • Updated 4 days ago
See This Home
Save This Home
See This Home
Save This Home
Ready to make this dream estate your legacy? Burntside Lake Home on Outlet Bay in Ely is now available. Whether watching trout swim upstream, observing eagles dive for fish, or enjoying the serenity of the woodland surroundings, you'll find countless reasons to stay and call Greystone home. Unparalleled living experience in Ely, MN. This one-of-a-kind custom home 5BR/6BA home is being offered for the very first time. Nestled on a sprawling 20-acre estate, this property boasts 1155 ft of pristine shoreline along Burntside Lake's Outlet Bay and the Burntside River. Surrounded by the beauty of nature, this estate is designed for those who seek both luxury and adventure. Greystone offers many features, too many to list, but include: 2

Full Property Details for 3231 Wolf Lake Rd

General

  • Price: $3,900,000
  • Taxes: (2024)
  • Status: Active
  • Type: Single Family
  • Source: 1402
  • MLS ID: 6114471
  • Updated: 3/12/2025
  • Added to Site: 266 day(s) ago

Interior

  • Number of Fireplaces: 4

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 2
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Balcony, Deck, Dock, Patio, Outdoor Kitchen, Gutter/Downspout

Location

  • County: St. Louis County
  • Driving Directions: Hwy 169 to Wolf Lake Rd to Firenumber

School Information

  • School District: Ely #696

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air, Propane

Utilities

  • Sewer: Private
  • Water: Private

Structural Information

  • Architectural Style: Traditional
  • Stories/Levels: 2 Story
  • Year Built: 2007

Lot Features

  • Lot Size (Acres): 20

Water Features

  • Water Front: Yes

Financial Considerations

  • Price Per Sq. Ft.: $742.86
  • Assessment Year: 2024
  • Tax Year: 2024

Listed by Z' Up North Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking SUBMIT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

We Value Your Privacy

Listing agent

— 3231 Wolf Lake Rd —

  • Z' Up North Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3231 Wolf Lake Rd

School District:Ely Public School District
RatingNameGradesDistance
7
Washington Elementary School, Ely, MN
600 E Harvey St, Ely, MN 55731
K-57.7 mi
7
Ely Memorial School
600 E Harvey St, Ely, MN 55731
K-57.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3231 Wolf Lake Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2025
Price Reduced
$3,900,000
-13.33%
MLS
6/23/2024
Listed
$4,500,000
400%
MLS
7/20/2006
Sold
$900,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3231 Wolf Lake Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,814
10%
$1,147,700
16%
2023
$13,428
4%
$992,400
—
2022
$12,880
2%
$992,400
—
2020
$12,626
4%
$992,400
—
2019
$12,140
1%
$992,700
—
2018
$12,038
-1%
$992,600
—
2017
$12,144
—
$992,600
-1%
2016
$12,136
-1%
$1,006,700
—
2015
$12,294
2%
$1,006,700
—
2014
$12,029
-2%
$1,007,200
-1%
2013
$12,261
—
$1,018,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3231 Wolf Lake Rd

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Z' Up North Realty

Similar Properties near 3231 Wolf Lake Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3231 Wolf Lake Rd, Ely, MN 55731 - Photo 1 Price Reduced
-$600,000 (-13.33%)
$3,900,000

3231 Wolf Lake Rd  Ely, MN 55731

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 6
    Total Baths
  • 5,250
    Sq. Ft.
Listed by z' Up North Realty

Just Listed near 3231 Wolf Lake Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

302 Birch St, Tower, MN 55790 - Photo 1 Just Listed
$199,000

302 Birch St  Tower, MN 55790

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,514
    Sq. Ft.
Listed by Buyers Win Realty
80034 Sweet Fern Loop, Tower, MN 55790 - Photo 1 Just Listed
$129,500

80034 Sweet Fern Loop  Tower, MN 55790

  • Lots/Land
  • Active
  • Updated 1 day ago
  • 0.19
    Acres
Listed by B.I.C. Realty
[Address not provided], Tower, MN 55790 - Photo 1 Just Listed
$55,000

[Address not provided]  Tower, MN 55790

  • Business
  • Active
  • Updated 1 day ago
Listed by Vermilion Land Office, Inc.
80086 Gruban Circle, Tower, MN 55790 - Photo 1 Just Listed
$109,500

80086 Gruban Circle  Tower, MN 55790

  • Lots/Land
  • Active
  • Updated 1 day ago
  • 0.09
    Acres
Listed by B.I.C. Realty

Price Reduced near 3231 Wolf Lake Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3739 Sundling Rd, Tower, MN 55790 - Photo 1 Price Reduced
-$25,500 (-4.44%)
$548,500

3739 Sundling Rd  Tower, MN 55790

  • Single Family
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 624
    Sq. Ft.
Listed by Janisch Realty Inc
3739 Sundling Rd, Tower, MN 55790 - Photo 1 Price Reduced
-$25,500 (-4.44%)
$548,500

3739 Sundling Rd  Tower, MN 55790

  • Single Family
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 1
    Total Bath
Listed by Janisch Realty Inc.
7579 Thumbnail Dr, Embarrass, MN 55706 - Photo 1 Price Reduced
-$4,900 (-1.44%)
$335,000
Open House

7579 Thumbnail Dr  Embarrass, MN 55706

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Next Door Realty
7579 Thumbnail Dr, Embarrass, MN 55732 - Photo 1 Price Reduced
-$4,900 (-1.44%)
$335,000
Open House

7579 Thumbnail Dr  Embarrass, MN 55732

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,634
    Sq. Ft.
Listed by Next Door Realty

3231 Wolf Lake Rd, Ely, MN 55731 (MLS# 6114471) is a Single Family property with 5 bedrooms, 2 full bathrooms and 4 partial bathrooms. 3231 Wolf Lake Rd is currently listed for $3,900,000 and was received on June 23, 2024. Want to learn more about 3231 Wolf Lake Rd? Do you have questions about finding other Single Family real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.

  • Home
  • Minnesota Real Estate
  • Ely Homes for Sale
Tour this property