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$535,000
/mo Edit
Single Family:  2 Stories
4 br • 3 ba • Built 1969
2,900 sqft • 0.698 acres
Ely schools
MLS# 7058639
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    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

    Contingency: None
    Price per sq ft: $184
    City: Ely
    County: St. Louis
    State: MN
    Property Style: 2 Stories
    Zip Code: 55731
    Subdivision Name: Lahti Land First Add To

    Interior

    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

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.