Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. Priced below appraisal value. Set on 4 private, wooded acres just outside Ely. This finished log home is a rare combination of year-round comfort and true multi-purpose space - the kind of property that's hard to find and even harder to replace. The main log home offers a private primary suite plus a loft for additional sleeping space, warm-tile floors in the kitchen and bath, and the timeless character only a real log home delivers. But the real story here is everything around it: a heated two-car garage with two separate workshops - ideal for woodworking, mechanics, fabrication, or serious hobbyists -topped by a fully finished upper level with three additional bedrooms and a half bath. Altogether, this property offers flexible living and sleeping space for extended family, guests, or multi-generational living, all while keeping the main home private and quiet. Whether you need serious workshop space, room for a growing or visiting family, or simply want elbow room and privacy just minutes from Ely's lakes, trails, and the Boundary Waters, this property delivers.
| MLS # | 7044811 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 172 |
| Listing Provided By | Z'Up North Realty, Inc. | Julian Rasmusson |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,111 |
| Garage | 2 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Residential-Single Family |
| Acreage | 4.20 |
| Cooling | None |
|---|---|
| Heating | Boiler, Dual Fuel/Off Peak, Forced Air, In-Floor Heating, Wood Stove |
| Appliances | Central Vacuum, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned |
| Roof | Age Over 8 Years, Asphalt, Metal |
|---|---|
| Construction Materials | Log |
| Lot Features | Tree Coverage - Heavy |
| Parking Features | Carport, Detached Garage, Gravel, Heated Garage |
|---|
| Property | 3043 |
|---|
| State | MN |
|---|---|
| County | Lake |
| City | Ely |
| Zip Code | 55731 |
| School District | 381 |
| High School | Lake Superior |
| Listing VS Median (in 55731) | |
Price: $550,000 low | high Med: $454,250 sqft: 2,111 low | high Med: 773 $ / sqft: $261 low | high Med: $591 On site: 172 low | high Med: 236.5 | |
| State | MN |
|---|---|
| County | Lake |
| City | Ely |
| Zip Code | 55731 |
| School District | 381 |
| High School | Lake Superior |
| Listing VS Median (in 55731) | |
Price: $550,000 low | high Med: $454,250 sqft: 2,111 low | high Med: 773 $ / sqft: $261 low | high Med: $591 On site: 172 low | high Med: 236.5 | |