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Active
$4,995,000
/mo Edit
Lot/Land:  Lot/Land
215.91 acres
Lake Superior schools
MLS# 6455426
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    Property Description

    A place beyond the pines. Once in a lifetime investment. The most beautiful piece of land available in Northern Minnesota. This is not to be missed. Acquire for investment. Prime location in Ely, Minnesota. Offering unparalleled views of water and woods. Sprawling 216+/- acres of diverse terrain including gravel, soil, and heavily wooded areas. Ideal for estate or resort development with endless creative possibilities. Gentle elevations throughout the property enhance its appeal and potential uses. Multiple parcels all connected for a perfect acquisition: 28631131310, 28631131340, 28631131370, 28631131400, 28631131590, 28631131650. Please see supplements showcasing income-generating opportunities and detailed maps for parcels. This will not last long.

    Listing

    Contingency: None
    City: Ely
    County: Lake
    State: MN
    Property Style: Lot/Land
    Zip Code: 55731

    Lake & Waterfront

    Waterfront Present: N
    Waterfront Name: White Iron
    DNR Lake ID#: 69000400
    Lake Chain Name: N
    Lake Acres: 3237
    Lake Depth: 47
    Waterfront: Lake View

    Lot & Land

    Acres: 215.91
    Geolocation: 47.89912637, -91.79526239
    Inclusions: Other, Topographic Map
    Lot Dimensions: TBD
    Restrictions:
    • Horses/Livestock Allowed
    • Right of first Refusal
    Zoning:
    • Forestry
    • Lot

    Farm

    Topography: High Ground, Hilly, Level, Other, Rolling, Sloped, Walkout

    Schools

    School District: 381
    District Phone: 218-834-8216

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: None
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $506
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Raw Land
    Improvements: Other, Public Road, Unimproved Streets
    Available Utilities:
    • Electricity Available
    • Electricity Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.