Price Reduction - Waterfront
2234 Balsam Road, Ely, MN
$ 349,900
Property Attributes
  • ID#6179691
  • TypeSingle Family
  • CityEly
  • AreaWolf West
  • NeighborhoodWolf West
  • Zip55731
  • StyleSingle Family Residence
  • Year Built1991
  • Taxes$ 1893
  • Price$ 349,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage576
  • Lot Size1.66 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Furnished Yr Rnd Knotty Pine Cabin, Set On 1.7 Acres Adjoining Hundreds of Acres of Public Lands & 205 Ft Northeast Facing Sandy Swimming Shoreline, Wolf Lake. Just 10 Mi West Of Ely, this is a 145 acre lake , 28 ft deep, stocked w/walleye & offering excellent walleye & bass fishing. Updated & lovingly maintained since being built in 1991, 576 SF 2BR/1 NEW BTH yr rnd main cabin plus 1BR summer guest cabin connected by deck. Kitchen w/L open to vaulted livingrm w/propane wall furnace, fireplace front wood stove & glass door to lakeside screen porch. Gentle steps to level lakefront firepit area & dock. Timber frame woodshed/patio. Compliant septic. Dock. Vintage sauna cabin used for storage could be remodeled for workshop or addl guest quarters. Includes 1976 14 ft Sylvan boat, Yamaha 8HP motor & Sport by Spartan trailer & Old Town kayak!

Price History
4/15/2022 Listed $398,500
7/30/2022 3% - $388,500
8/12/2022 3% - $378,500
8/22/2022 3% - $368,500
9/10/2022 6% - $349,900

General Features

Accessibility None
Additional Parcels Y/N No
Amenities Unit Ceiling Fan(s), Deck, Dock, Kitchen Window, Natural Woodwork, Porch, Vaulted Ceiling(s)
Appliances Range, Refrigerator
Association Y/N No
Basement Crawl Space
City Ely
Construction Materials Wood Siding
Contingency None
Cooling Window Unit(s)
County St. Louis
Days on Market 149
Directions From Hwy 169, N. on Wolf Lake Rd. L. on Balsam Ln. to Fire #.
Electric 100 Amp Service
Heating Other
High School District Ely
Lender Owned No
Levels One
Lot Size Square Feet 72309.6
New Construction No
Other Structures Bunk House, Other, Storage Shed
Property Attached Y/N No
Property SubType Single Family Residence
Property Type Residential
Roof Asphalt
Sewer Private Sewer
Standard Status Active
Street Name Balsam
Subdivision Name Wolf West
Tax Annual Amount 1893
Tax Year 2022
Topography Rolling
View East, Lake, North, Panoramic
Virtual Tour
Water Body Name Wolf Lake (Morse Twp.)
Waterfront Features Lake Front
Waterfront Y/N Yes
Year Built 1991
Zoning Description Residential-Single Family

Interior Features

3/4 Baths 1
Above Grade Finished Area 576
Dining Room Description Kitchen/Dining Room
Fireplace Features Free Standing, Living Room, Wood Burning
Fireplace Y/N Yes
Fuel Propane
Lake Acres 288
Room Type Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
SQFT Above Ground Total 576.0000
SQFT Below Ground Total 0.0000
SQFT Main Total 576.0000
SQFT Total 576.00
Street Suffix Road
Total Baths 1
Total Bedrooms 2
Total Fireplaces 1
Waterfront Feet 205

Exterior Features

Living Area 576
Foundationarea 576
Lot Dimensions 356x205
Lot Features Tree Coverage - Heavy
Lot Size Area 1.66
Lot Size Units Acres
Parking Features Gravel
Water Source Lake Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55731

AVG $470K
AVG $2,469
AVG 17
Year Built
AVG 1974

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