For Sale: Ely MLS# 7058639
























































Active
NEW!
$535,000
Single Family: 2 Stories
4 br • 3 ba • Built 1969
2,900 sqft • 0.698 acres
Ely schools
MLS# 7058639
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Looking for that perfect slice of Ely lake life? This 4-bedroom, 3-bath home on Bear Island Lake delivers it with a smile. Set on 120 feet of beautiful sandy shoreline, this exceptionally well-maintained two-story home gleams with quality. The centerpiece is a stunning custom two-story fieldstone fireplace — double-sided so you can enjoy the crackle from both the living room and the cozy upper level. Inside you’ll find a large eat-in kitchen with warm wood cabinetry, a spacious living room with soaring cathedral ceilings, and breathtaking lake views. A 3-season porch adds even more space for summer entertaining, while decks on both levels let you soak in the scenery morning and night. Recent updates include a new roof, central air, and fresh exterior paint. Compliant septic, too. Just bring your boat, your fishing gear, and your sense of adventure.
Whether you’re chasing walleyes or chasing sunsets, this lake home is ready for you.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$535,000
Price per sq ft:
$184
Property Type:
Single Family
City:
Ely
Garage Spaces:
2
County:
St. Louis
Year Built:
1969
State:
MN
Property Style:
2 Stories
Zip Code:
55731
Subdivision Name:
Lahti Land First Add To
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
2,900 ft2
Total Fireplaces:
2
Living Area:
2,900 ft2
Common Wall:
No
Appliances Included:
- Range
- Refrigerator
Fireplace Details:
- Living Room
- Wood Burning
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
24 x 28
Garage Size:
672 ft2
Air Conditioning:
Central Air
Foundation Size:
1,280 ft2
Foundation Dimensions:
32 x 40
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Attached Garage
Exterior Material:
Frame
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
1
3/4 Baths:
None
Bathroom Details:
- Main Floor Full Bath
- Upper Level 1/2 Bath
- Upper Level Full Bath
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 20 x 13 | 260 |
| Bedroom 4 | 12 x 12 | 144 |
| Bedroom 2 | 16 x 11 | 176 |
| Bedroom 3 | 14 x 11 | 154 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Three Season Porch | 10 x 19 | 190 |
| Den | 12 x 11 | 132 |
| Kitchen | 20 x 19 | 380 |
| Living Room | 22 x 25 | 550 |
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Lake
WF Frontage:
120
Waterfront:
Lake Front
Lot & Land
Acres:
0.698
Geolocation:
47.779437, -91.958116
Lot Dimensions:
275.00 x 120.00
Zoning:
Residential-Single Family
Schools
School District:
696
District Phone:
2183656166
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,551
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,636
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Oil
Sewer System:
Private Sewer
Water System:
Drilled
Power Company Name:
Lake Country Power
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Z'Up North Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.


