$1,495,000

590 Riverview Rd Ely, MN 55731

$10,000
Closing credit¹
4 beds
1 full, 1 partial
2,898 sqft
2.4 acres
$516 / sqft
House

Property details

About 590 Riverview Rd

Gem property only available due to a job change!Nearly new,custom built 1-1/2 story yr-rd lake home, 4 bed,3 ba,3 car gar, sits on 2.4 acres on the shores of Farm Lake,with 212 ft of level shoreline!Amazing wooded lot with very gradual elevation to the lake (no stairs to get to the dock!) and beautiful views from every window!With this much nature and wildlife its hard to believe that you are only 5 miles from the quaint town of Ely with an array of shops, restaurants and live music.This home will stun from the moment you walk in the door, with vaulted ceilings over the Great Room,beautiful 2 story stone fireplace, custom 2 story Marvin windows to view lake and sky(south facing!).Great open floor plan with large chefs kitchen that feature custom cabinetry,granite ctertops, stainless appliances, wall oven, custom venthood above the range and a pantry, & large island!Open to the dining with access to the large patio for outdoor dining and relaxing.There's also a beautiful sunroom w/stone fireplace to enjoy morning coffee or curl up with a good book!Main flr primary suite with large windows for amazing day &night time views, walk-in closet, ensuite bath w/double sinks and tiled walk-in shower!There is a mud room/laundry room with built in cubby system off the oversized 3 car hted garage for added convenience. Luxury plank flooring and tile throughout the main lvl with in-floor heat (as well as forced air and central AC).The upper lvl has amazing family room with open loft for spectacular views of the lake and woods! 2 dedicated bedrooms on the upper level, as well as another flex rm-bunk rm, bedrm,office,craft rm,you decide!There is a full bath and dual vanity upstairs as well!Back outside along with the nature views, this home shines with its Smart LP engineered wood siding, stonework,a porch,a patio&flagstone firepit area w/a path to the dock and lake! Storage shed. Compliant septic system and well. This property is a boating and fishing paradise, Farm Lake itself is over 1200 acres with restaurants and resorts on the lake, access to the White Iron Chain of lakes over 6,000 acres, the Kawishiwi River and direct access to the BWCA, you will never tire of the lake! Don't miss another day in this paradise!

Highlights

HeatingDual System, Fireplace(s), Forced Air, Radiant Floor, Propane, Electric
StatusActive
(INSPECTION CONT (MN))
CoolingCentral Air, Ceiling Fan(s)
Size2,898 sqft
Lot size2.4 Acres
Year built2023
ParkingAttached
MLS #6117648
Attached garage3 spaces
WaterfrontLake
FireplaceGas
ViewLake, Panoramic

Virtual tour

Summary

  • MLS Number: 6117648
  • Office Name: Realty Group LLC - Maple Grove
  • Listing Agent: Jill Nungesser

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: 3/17/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$1,495,000

590 Riverview Rd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 23, 2020
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2024$836,100$4,649
2023$646,200$-
2022$299,800$-
2021$146,000$18
2020$162,200$18
2018$184,700$196
2017$195,000$1,823

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

5.5 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

17.0 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

25.7 mi

415 2nd St N

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 $59,643. Most Ely, MN residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

32%
<35k
48%
35k-100k
19%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
2%
Single, with Kids
50%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
10%
18-34 yrs old
51%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dollar GeneralDollar General
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ApplebeesApplebees
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 590 Riverview Rd

This home is located at 590 Riverview Rd in Ely, MN and zip code 55731. This 2,898 square foot home, which was built in 2023, sits on a 2.40 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $1,495,000.

While more than 0 listings in Ely, MN in February 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Ely, MN between January and February 2025 decreased by 8.9%. The median list price of listings available in February 2025 was $214,000, while the average time on the real estate market was 30 days.

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

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