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$4,500,000

Listing Price

5beds

6baths

3,140sqft

729,630sqft lot

3231 Wolf Lake Rd, Ely, MN 55731

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

1227.41

Price / sqft

2007

Year built

Home Details

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 double sided Tulikivi green soapstone fireplaces (one with a pizza oven), two laundry rooms (main floor and 2nd flr), elevator, secret underground passage to the garage and guest rooms, outdoor kitchen, boathouse with patio, walking paths, pole bldg, She Shed

Interior Details

Square Feet
  • 3140

Bedrooms
  • 5

Bathrooms
  • 6

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 729630

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Wood

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$12,626

$352,400

$640,000

--%

$992,400

2019

$12,140

$384,400

$608,300

--%

$992,700

2018

$12,038

$384,300

$608,300

--%

$992,600

2017

$12,144

$384,300

$608,300

--%

$992,600

2016

$12,136

$404,200

$602,500

--%

$1,006,700

2014

$12,029

$451,200

$556,000

--%

$1,007,200

2013

$12,260

$462,700

$556,000

--%

$1,018,700

2011

$13,185

$545,500

$595,400

--%

$1,140,900

percent-home-icon

Average Home Price in 55731

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$4,500,000

5 Beds

6 Baths

3,140 Sqft

729,630 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
4,500,000
$
Down payment
900,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
27,000
$
HOA (Monthly)
0
$
PMI
0
$
$29,129
Your Payment
Total Monthly Payment:$29,129
Percent of Income:499%
Affordable:No

Details for 3231 WOLF LAKE RD

Property Debt

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