Sold: Fayal Twp MLS# 6596666
Sold
$565,000 (list price)
$575,000
Single Family: Split Entry (Bi-Level)
4 br • 2 ba • Built 1966
2,144 sqft • 2.1 acres
Eveleth-Gilbert schools
MLS# 6596666
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Property Description
Showings begin 2pm Mon, 9/16. No showings Fri & Sat 9/20 & 21.
This is everything you can dream of in a perfect year-round lake home. Located on popular Ely Lake in Eveleth/Fayal Township, this stunning mid-century modern home was custom designed by architect Michael McGuire for the one family thatâ??s homesteaded here itâ??s entire life. It is brilliantly sited on the lakeâ??s most tranquil bay with a gradual 2.1 acre lot offering complete privacy and 253ft of crystal clear shoreline. Its Western exposure showcases amazing lake and sunset views. The landscaping features a beautiful heritage flower garden, many perennial plantings, and decorative trees â?? all framed by gorgeous mature White Pines. No need to walk stairs to get to shore as the home is just steps from (and level to) the waterâ??s edge. You will enjoy incredible swimming, fishing, boating, snowmobiling, saunaing, and relaxing in this peaceful retreat.
Interior features include a wall of lake-facing sliding glass doors, 4 large bedrooms, a bathroom on each floor, 2-sided wood burning fireplace, custom Birch doors and frames throughout, and tasteful rough-cut Cedar accents. Also included is a 3-car garage w/metal roof, dock, large sauna with changing room, large lake-facing screened porch, asphalt drive, and city sewer & gas. The home was re-roofed in 2021 and a new well was installed in 2011.
It is located 2.75 hours from the Twin Cites with convenient access (10-20 minutes) to charming downtown Eveleth, Gilbert, Virginia & Giants Ridge.
Ely Lake is spring-fed and known for its size, depth, water clarity, quality fish stock, and lack of weeds. The island at the center of the lake (just a 10 minute canoe paddle) is an amazing secret getaway â?? youâ??ll feel like youâ??ve been magically transported to the pristine beauty of the Boundary Waters.
Owner is a licensed MN Real Estate Agent.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$565,000
Sold Price:
$575,000
Sold Date:
12/02/2024
Price per sq ft:
$264
Property Type:
Single Family
City:
Fayal Twp
Garage Spaces:
3
County:
St. Louis
Year Built:
1966
State:
MN
Property Style:
Split Entry (Bi-Level)
Zip Code:
55734
Subdivision Name:
Ely Lake Cottage Sites
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,144 ft2
Total Fireplaces:
1
Living Area:
2,144 ft2
Common Wall:
No
Fireplace Details:
- Two Sided
- Wood Burning
Basement Details:
None
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
3
Garage Dimensions:
22 x 36
Garage Size:
792 ft2
Garage Door Height:
7
Garage Door Width:
16
Air Conditioning:
None
Foundation Size:
1,024 ft2
Foundation Dimensions:
32 x 32
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Road Frontage:
City Street
Exterior Material:
Cedar
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
None
Bathroom Details:
- Main Floor 1/2 Bath
- Upper Level Full Bath
Dining/Kitchen:
Eat In Kitchen
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom 1 | 14 x 15 | 210 |
| Bedroom 2 | 9 x 16 | 144 |
| Bedroom 3 | 14 x 15 | 210 |
| Bedroom 4 | 10 x 16 | 160 |
| Deck | 3 x 32 | 96 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Living Room | 14 x 32 | 448 |
| Kitchen | 17 x 21 | 357 |
| Mud Room | 9 x 11 | 99 |
| Patio | 13 x 25 | 325 |
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Ely
Waterfront View:
Bay, Lake, Panoramic, West
DNR Lake ID#:
69066000
WF Frontage:
253
Lake Chain Name:
N
Lake Acres:
723
Lake Depth:
70
Waterfront:
- Dock
- Lake Front
- Lake View
Lake Bottom:
Hard
Lot & Land
Acres:
2.1
Geolocation:
47.450641, -92.463546
Lot Dimensions:
229 x 333 x 266 x 396
Restrictions:
Easements
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Heavy
Schools
School District:
2154
District Phone:
218-744-7701
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,910
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,910
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
Well
Power Company Name:
Lake Country Power
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Verve Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.