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631 Circle Dr, 
Ely, MN 55731

$849,000


3

Beds


3

Baths


2,373

Sq Ft


Single Family

Pending

Listed by

Jeff Hway

Bear Island Realty LLC.

Last updated:

December 17, 2025, 10:04 AM

MLS#

6120784

Source:

MN DAAR

About This Home

631 Circle Dr

Located a short drive east of Ely is this magnificent 2 story lake home on Fall Lake! Fantastic views of Fall Lake...including views right into the BWCAW from your patio! This lovely home, built in 2012, has 3 bedrooms and 3 baths and is on a very scenic wooded parcel with approx. 1.5 acres and approx. 200 feet of shoreline on this fantastic "edge of the Boundary Waters" lake! Enjoy elevated views of the lake, see eagles frequently soaring overhead and roosting on the state owned island out front, and paddle or motor right into the BWCAW right from your dock! The main floor has 9 foot ceilings and a large open concept living and dining room that flows right into the large kitchen with tons of counter space and top-quality cabinets. Enjoy the fantastic views out the tall windows and sliding glass door toward the large patio and lake. Also, a main floor bedroom that faces the lake with a private full bath with jacuzzi tub! Half bath, large utility room with washer and dryer, and 4 season porch round out the main floor. The 2nd floor has a large great room with pine vaulted ceilings that faces the lake and an additional back portion of it with a portable sliding wall that can be used to make it a private room, or extra sleeping space. 2 more large bedrooms and another full bath are here as well. Plus a large 2nd floor deck! Also a huge storage room over the attached garage that is great for storing so many things! Other features include the attached 2 stall garage, a sauna behind the house, large patio and entertaining area facing the lake, maintenance free top-quality siding, nice stairs to the lake-where there is a large dock and boat storage! This property would be great to live in year 'round, or use as your 4 season Ely area getaway. Drilled well, mound septic system, private driveway, storage shed. Fall Lake is 6 miles long and the northern quarter of the lake is in the famous Boundary Waters Wilderness Area, with motors being allowed on all of Fall Lake (25 HP in the BWCAW portion and unlimited on the rest of the lake). From Fall, you can wheel portage to Basswood Lake.. and the US/Canada border. Great fishing! Property faces N/NW and allows great viewing of the active northern lights activity. This is a great property just 10 minutes from Ely! Check out this Youtube Channel for footage of the night sky(including some amazing Northern Lights!) of this listing: https://youtube.com/@larryolson6464?si=6Wa-Cg7a-Lrk7vRT

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 2012

Price Summary

849,000

$357 per Sq. Ft.

MLS #:

6120784

Last Updated:

December 17, 2025, 10:04 AM

Added:

5 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,373 Sq. Ft.


Structure

Structure

Building Area:

2,373 Sq. Ft.

Year Built:

2012


Lot

Lot Size (Sq. Ft):

67,082


Finances & Disclosures

Finances

Price:

$849,000

Price per Sq. Ft:

$357 per Sq. Ft.

Source:MN DAAR
2026, Lake Superior Area REALTORS, Inc.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.