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$479,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1,048 Sq. Ft.
  • 1 Car Garage
  • Updated 9 days ago
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This 9 acre property features a home, guest cabin and garage. The focal point of the 1 bedroom, 1 bath home is the stunning southern view looking out over White Iron Lake. Other features are in-floor heat, wood fireplace, sauna, covered patio and one level living. The 1,156 sq. ft. guest cabin has 3 bedrooms, 1 bath, laundry, in-floor heat and comes completely furnished. The garage could continue to be used as a shop or a combination shop and 1 car garage. Above the garage is a 12' x 24' loft for additional shop or storage area. From the lakeside of the home you have easy winter access to White Iron Lake over a couple hundred feet of Federal land. In spring, when water is high, you can paddle a canoe out to the lake and in summer there is a walking trail down to the shore.

Full Property Details for 118 Sunset Rd

General

  • Price: $479,000
  • HOA FEE: $21/month
  • HOA FEE FREQ.: Yearly
  • Taxes: $2,795 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 1402
  • MLS ID: 6119167
  • Updated: 1/7/2026
  • Added to Site: 254 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Kitchen Island, Natural Woodwork, Sauna, Tiled Floors, Vaulted Ceiling(s), Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hookup
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Combine with Kitchen

Exterior

  • Exterior Features: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Gravel
  • Garage Description: Attic, Electrical Service, Heat, Insulation

Location

  • Area: R
  • County: Lake County
  • Driving Directions: East from Ely on Highway #169 to Kawishiwi Trail. Follow to Sunset Road and Fire #118.

School Information

  • High School District: Lake Superior #381

Community

  • Association: Yes
  • Assoc. Fees Include: Other

Heating & Cooling

  • Heating Type: Fireplace(s), In Floor Heat, Wood, Electric

Utilities

  • Sewer: Private Sewer, Mound Septic
  • Water: Private, Drilled

Structural Information

  • Architectural Style: Traditional
  • Construction: Frame/Wood
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: None
  • Roof: Asphalt Shingle
  • Windows: Wood Frames
  • Stories/Levels: 1
  • Square Feet: 1,048
  • Year Built: 2003

Additional Structures

  • Other Structures: Lean-To, Storage Shed

Lot Features

  • Property View: Inland Lake
  • Lot Size (Acres): 8.9
  • Lot Dimensions: 890 x 600
  • Frontage: Private Road
  • Road Maintenance: Association Maintained Road
  • Lot Features: BWCA Access
  • Development Status: Previously Owned

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $457.06
  • Association Fee: $250
  • Assoc Fee Freq.: Yearly
  • Tax Amount: $2,795
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 8.9 acres out of G.L. 3, Section 7, T62N, R11W. See attached complete legal description.
  • Disclosures/Reports: Seller Provided Survey Available, Well Disclosure, Disc./Condition Report, Septic Disclosure
  • Property ID: 28-6211-07377

Listed by Wildwoods Land Company

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Listing agent

— 118 Sunset Rd —

  • Wildwoods Land Company

***

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

Schools serving 118 Sunset Rd

School District:Lake Superior Public School District
NameGradesDistance
William Kelley Elementary School
137 Banks Boulevard, Silver Bay, MN 55614
PK-646.6 mi
Kelley Secondary
137 Banks Boulevard, Silver Bay, MN 55614
7-1246.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 Sunset Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$479,000
-4.2%
MLS
9/26/2025
Price Reduced
$499,999
-5.48%
MLS
7/22/2025
Price Reduced
$529,000
-3.64%
MLS
5/08/2025
Listed
$549,000
—
MLS
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 118 Sunset Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,358
100%
$335,600
52%
2019
-100%
$220,700
5%
2019
$105
—
$210,900
90%
2019
$105
-5%
$110,900
—
2018
$110
-90%
$110,900
-3%
2017
$1,134
—
$114,700
-5%
2016
$1,129
—
$120,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Wildwoods Land Company

118 Sunset Rd, Ely, MN 55731 (MLS# 6119167) is a Single Family property with 4 bedrooms and 1 full bathroom. 118 Sunset Rd is currently listed for $479,000 and was received on May 08, 2025. Want to learn more about 118 Sunset 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.

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