$620,000

1347 Walsh Rd Ely, MN 55731

Estimated payment $3,559/month

2 Beds
2 Baths
900 Sq Ft
$689 Price per Sq Ft

Highlights

  • Panoramic View
  • Vaulted Ceiling
  • Fireplace

About This Home

A rare Northwoods treasure on beautiful Eagles Nest Lake 2, this meticulously maintained custom log home offers the kind of lakefront setting buyers dream about. Privately tucked on approximately 1.55 wooded acres with an extraordinary 295 feet of picturesque shoreline, the property boasts a premier location along the scenic channel connecting Eagles Nest Lakes 1 and 2. The result is a peaceful, nature-filled retreat with stunning water views and exceptional access for paddling, fishing, boating, and quiet days along the shoreline. Crafted to embrace its spectacular surroundings, the home blends timeless log construction, refined comfort, and authentic Up North character. The main level welcomes you with an open, airy feel, vaulted ceilings, and a spacious living room centered around a grand wood-burning fireplace built with hand-picked local stone. It is the perfect gathering place after a day on the lake or a snowy winter afternoon in the woods. The updated kitchen and comfortable dining area flow seamlessly to the wraparound deck, creating effortless indoor-outdoor living for lakeview meals, morning coffee, summer entertaining, and peaceful evenings surrounded by nature. Upstairs, the primary suite feels like a private retreat, complete with a sitting area, ensuite bath, and thoughtfully designed built-ins that add both charm and functionality. All-new Marvin windows, new entry doors, generous storage, and quality updates enhance the home’s comfort, efficiency, and long-term value while preserving its warm cabin character. The walkout lower level expands the living space with a comfortable family room featuring a second fireplace, a large full bath, laundry and utility areas, and additional storage. With direct access to the lakeside patio, this level is ideal for year-round enjoyment, whether you are gathering by the fire in winter or stepping outside for summer days by the water. Adding even more versatility, the oversized two-stall garage includes a workshop and a charming finished bonus room above. Filled with natural light and offering generous square footage, this inviting space is well suited for a studio, crafting room, or extra space for family and friends. Outdoors, beautiful perennial gardens, vegetable gardens, lakeside decking, and inviting seating areas create a serene setting for grilling, relaxing, entertaining, and fully embracing the Northwoods lake lifestyle. Private, beautifully cared for, and rich with craftsmanship.

Listing Agent

Kate Davies

Bear Island Realty LLC Brokerage Phone: Listed on: 05/01/2026

Co-Listing Agent

Anna Yahnke

Bear Island Realty LLC Brokerage Phone:

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1973

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 250 x 280

Parking

  • 2

Property Views

  • Lake
  • Panoramic

Home Design

  • Metal Roof

Interior Spaces

  • Vaulted Ceiling
  • Fireplace
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 317-0070-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,259

Year Built

Built in 1973

Lot Details

1.55 Acres

Parking

2

Listing Details

  • Directions: From Ely, travel west on Hwy 169 12.5 miles to Bearhead State Park Road. Turn left and follow 1.9 miles to Walsh Road. Turn right and follow to # 1347 on the right.
  • Tax Year: 2026
  • View Type:Pond View: Inland Lake, Panoramic
  • Reso Roof: Metal
  • Year Built: 1973
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Lot Size: 250 x 280
  • Road Frontage Type: County Road, Paved Road, Township
  • Water Body Name: Eagles Nest 2
  • Co List Office Mls Id: LSA31750
  • Co List Office Phone: 218-365-2800
  • Co List Office Mls Id: LSA31750
  • Above Grade Finished Sq Ft: 900
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 300
  • Fireplace Features: Wood Burning
  • Fireplaces: 2

Exterior Features

  • Construction Type: Log
  • Foundation Details: Concrete
  • Other Structures: Storage Shed, Bunkhouse

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Private Sewer, Mound Septic
  • Cooling: Window Unit(s)
  • Water Source: Drilled

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 317-0070-00030
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3259

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,344 $440,600 $236,600 $204,000
2023 $3,498 $335,100 $183,300 $151,800
2022 $2,982 $327,900 $183,300 $144,600
2021 $2,894 $286,900 $183,300 $103,600
2020 $3,066 $284,400 $183,300 $101,100
2019 $2,670 $296,500 $183,300 $113,200
2018 $2,752 $270,500 $167,800 $102,700
2017 $2,312 $270,600 $167,900 $102,700
2016 $2,604 $240,200 $150,700 $89,500
2015 $2,286 $217,300 $144,300 $73,000
2014 $2,286 $232,900 $154,600 $78,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 For Sale $620,000 -- $689 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $270,000 Northeast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 Purchase Money Mortgage
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6124916

APN: 317007000030

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