Listed at
$1,250,000
$237/sqft

Morse Town Of

1663 Saari Road, Ely, MN, 55731
4  Bedrooms4  Bathrooms5,280  Square Feet8.76  Acres
Days on market387
Year built1997
Garage spaces4
TypeResidential
Est. $34,500buyer credit when you buy with SODL
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About this home

White Iron Lake, Ely, Minnesota - Custom built 5200 sq. ft. home with 320 feet of level lakeshore with a private boat launch. 8.7 acres of land. This beautiful home has been completed with top quality materials and furnishings with both levels being completed with living quarters. The main floor living area features an open floor plan with views of the lake from the large windows and patio door. Well designed kitchen with a center island that seats 10 people, custom hickory cabinets, high definite laminate countertops, ceramic tile flooring, and a huge pantry in the hall. The living room has a gas fireplace, laminate flooring, a vaulted ceiling with tongue & groove pine and views of the lake. There are 3 main floor bedrooms with the master bedroom having a private bath. There is a second full bath and a utility/laundry room on the main level with a washer, dryer, freezer and closet. The walkout basement features a family room with tongue and groove wainscoting, bedroom, open area with a pool table, utility room, ¾ bath, electric sauna with a shower, large storage room and a tuck-under garage. Sleeps up to 19 people. Dual fuel heat. Rollout dock. Steel siding. The 30 X 48 Morton building is on a floating slab, has electricity and 3 overhead doors. All of this tucked back into a private, wooded area with room enough to build additional structures. White Iron Lake has 3237 acres, 35.47 miles of shoreline and a maximum depth of 47 feet. It is connected to Garden Lake, Farm Lake, South Farm and the Kawishiwi River with access to the BWCAW. Being sold furnished. Priced below replacement cost, must see to appreciate the quality of this exceptional home and property.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1997
LevelsOne
Living area5,280 sqft
Above-grade finished2,640 sqft
Below-grade finished2,640 sqft
Lot size8.76 acres (350X707X330X652 + 664 X 444)
Days on market387
ListedSep 4, 2025
MLS #NST6783048
CountySt. Louis
SubdivisionMorse Town Of
Parcel #465001003191

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Bath breakdown
2 full / 1 3/4 / 1 half
Heating
Baseboard, Dual Fuel/Off Peak, In-Floor Heating
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
One
Garage
4 spaces · 30 X 48 · 1,440 sqft
Parking features
Tuckunder Garage
Patio & porch
Side Porch
Exterior features
Aluminum Siding
Fencing
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 2,640 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1997

Utilities

Water
Well
Sewer
Mound Septic
Fuel
Electric, Other, Propane
Electric
200+ Amp Service

Community & HOA

Subdivision
Morse Town Of
HOA
No HOA
School district
696 - Ely
High school district
Ely

Financial & listing details

Annual tax
$6,971 (2025)
Listed
Sep 4, 2025
Days on market
387 · 1 cumulative
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths1
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout
HeatingBaseboard, Dual Fuel/Off Peak, In-Floor Heating
CoolingCentral Air
Fireplaces1
LaundryElectric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
AppliancesAir-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningKitchen/Dining Room
AccessibilityPartially Wheelchair

Exterior & lot

ExteriorAluminum Siding
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area2,640 sqft
Patio/porchSide Porch
Lot featuresAccessible Shoreline, Tree Coverage - Heavy
Road frontagePrivate Road, Township
Road responsibilityPrivate Maintained Road, Public Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceWell
SewerMound Septic
FuelElectric, Other, Propane

Parking & garage

ParkingTuckunder Garage
Garage spaces4
Garage size1,440 sqft

Financial details

Annual taxes$6,971
Tax year2025
Assessment pendingYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District696 - Ely
District number696
District phone2183656166
High schoolEly
SODL flat fee brokerage
$34,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $34,500

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$7,567/mo
Principal & interest$6,569
Property taxes$581
Home insurance (est.)$417
%
$250,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1663 Saari Road, Ely, MN, 55731

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Listing information

MLS #NST6783048
StatusActive
Last updatedApr 23, 2026, 9:13 PM
Originally listedSep 5, 2025, 1:25 PM

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.