$579,000

3984 Stocking Point Dr Ely, MN 55731

$6,876
Closing credit¹
3 beds
1 bath
1,872 sqft
2.9 acres
$309 / sqft
House

Property details

About 3984 Stocking Point Dr

Located on Eagles Nest Lake 3, is this year around cabin/home with 2.9 acres and 400 feet of beautiful shoreline! South facing and in a bay with a sand beach on this crystal clear lake that has a large amount of shoreline preserved in a state park! Home has 3 bedrooms and 1 bath, and a full finished walk out lower level. The main floor has a gorgeous kitchen with lots of counter space, custom cabinets that opens right to the dining area and living room all with stunning views of this lakeshore paradise. Also the primary bedroom and 3/4 bath. The lower level has a huge family room, 2 more bedrooms, and the large utility room. Level yard right to the lake, with roll in dock. Nice 12x12 storage building closer to the lake. Property has a very private lakeshore area and also goes out to the point! Present owner uses the property as their year around cabin getaway lake place.. but you could also live here year around. Heat is 3 separate propane units on thermostats and some electric heat. Large deck off the main floor has great lake views! Drilled well, septic with mound system. Comes mostly furnished. This is a wonderful ready to move into lakeshore property located near Ely, Lake Vermilion, Bear Head Lake State Park, and the Boundary Waters!

Highlights

HeatingBaseboard, Fireplace(s), Radiant, Propane, Electric
StatusActive
(ACTIVE)
CoolingNone, Ceiling Fan(s)
Size1,872 sqft
Lot size2.9 Acres
Year built1976
MLS #6119709
WaterfrontLake
FireplaceFree Standing
ViewLake, Panoramic

Virtual tour

Summary

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior: Ceiling Fans, Natural Woodwork, Skylight, Vaulted Ceilings, Drywalls, Panelled Walls, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Fireplace: Free Standing
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: None
  • Waterfront: Lake
  • View: Lake, Panoramic
  • Exterior: Deck, Dock
  • Architectural Style: Ranch/Rambler
  • Heating: Baseboard, Fireplace(s), Radiant, Propane, Electric
  • Cooling: None, Ceiling Fan(s)
  • List Price: $579,000
  • Price/SqFt: $309
  • Annual Tax Amount: $3,146
  • Tax Year: 2022
  • Lot: Accessible Shoreline, Landscaped, Some Trees, Level
  • Directions: About halfway between Ely and Tower, turn south on Bear Head Lake State Park Rd. and go aprox 2 miles to Walsh Rd, turn right, go aprox 1 mile to Stocking Point Drive, turn left, proceed to first property on the right. Shown by appointment only.
  • Year Built: 1976
  • Stories: 1
  • Living Area: 1,872 SqFt
  • Lot Size: 2.9 Acres
  • MLS Number: 6119709
  • Office Name: Bear Island Realty LLC
  • Listing Agent: Jeff Hway

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 8:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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3984 Stocking Point Dr, Ely, MN 55731 - back of property with a wooden deck and a shingled roof

$579,000

3984 Stocking Point Dr

$6,876

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 18, 2012
Home Sold
$252,000

Tax history

YearAssessmentProperty Tax
2022$311,300$3,146
2021$264,500$3,244
2020$264,500$3,160
2019$270,700$3,290
2017$246,900$3,070

History based on county public records data.

Nearby schools

2

Tower-Soudan Elementary School

Public District PK-6

8.0 mi

415 2nd St N

4

Babbit Elementary School

Public District PK-6

10.3 mi

30 South Dr

7

Washington Elementary School

Public District PK-5

12.6 mi

600 E Harvey St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,340. The most common annual income of people living in Ely, MN is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
58%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
6%
Single, with Kids
45%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
8%
12-17 yrs old
12%
18-34 yrs old
47%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 3984 Stocking Point Dr

The listing price of 3984 Stocking Point Dr property is $579,000.

The property 3984 Stocking Point Dr is a house located in Ely, Minnesota, 55731.

Active Listing: 3984 Stocking Point Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3984 Stocking Point Dr are: Tower-Soudan Elementary School (GreatSchools Rating 2/10), Babbit Elementary School (GreatSchools Rating 4/10), Washington Elementary School (GreatSchools Rating 7/10), Memorial Middle School (GreatSchools Rating 4/10), Northeast Range Secondary School (GreatSchools Rating 7/10), Memorial High School (GreatSchools Rating 8/10), Mesabi East Secondary School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2022 is $3,146 (source: MLS/based on county public records data).

The last sale was on July 18, 2012 for $252,000 (source: MLS/tax record).

The property at 3984 Stocking Point Dr has 3 bedrooms and 1 bathroom.

The property 3984 Stocking Point Dr is 1,872 SqFt (source: MLS/tax record).

The year of construction for 3984 Stocking Point Dr is 1976.

This home is located at 3984 Stocking Point Dr in Ely, MN and zip code 55731. This 1,872 square foot home, which was built in 1976, sits on a 2.90 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $579,000.

Ely, MN housing market in May 2025 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 9 sold below. The number of listings in Ely, MN increased by 19.3% between April and May 2025. In May 2025, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $235,000.

From Rocket Homes Real Estate and based on county public records data.

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