$240,000

2450 W Newgord Dr Ely, MN 55731

Estimated payment $1,375/month

Total Views 1,559
1 Bed
-- Bath
551 Sq Ft
$436 Price per Sq Ft

Highlights

  • Very Popular Property
  • Vaulted Ceiling
  • Beamed Ceilings
  • Panoramic View
  • No HOA
  • Log Cabin

About This Home

LOG HOME ON 5 ACRES - THIS HIDDEN GEM IS JUST MINUTES FROM DOWNTOWN ELY YET PROVIDES THE ULTIMATE EXPERIENCE FOR PRIVACY, PEACE AND QUIET. THE CREATIVE DESIGN FEATURES 8” RED PINE LOGS WITH 6 WALLS IN AN OCTAGON SHAPE. BEAUTIFUL MAPLE FLOORS IN A SPIDER WEB DESIGN. THE MAIN LEVEL HAS AN OPEN FLOOR PLAN WITH THE LIVING, DINING AND KITCHEN AREA. PROPANE RANGE & OVEN. THERE ARE MANY LARGE WINDOWS PROVIDING GREAT VIEWS OF THE SURROUNDING WOODS. CARVED WINDOWS ALL AROUND PERIMETER OF THE CRAWL SPACE UNDER THE CABIN. HANDCRAFTED STAIRWELL SPIRALING UP TO LOFT AROUND CURVED TREE TRUNK. THE DOOR WAS BUILT AROUND A FORKED TREE WITH THE WINDOW IN THE FORK, MASSIVE HINGES, RECLAIMED FROM A DOOR IN A MINE BUILDING, WITH HANDFORGED DOOR PULL & LATCH. FREE STANDING WOOD BURNING STOVE IN THE LIVING ROOM PROVIDES THE HEAT. REFRIGERATION IS PROVIDED BY AN ICE BOX. LIGHTING IS BY KEROSENE LANTERNS. THE LOFT HAS A BEDROOM AND SPACIOUS STORAGE. THE FOUNDATION IS STONE AND MORTAR. WOOD SHED AND OUTDOOR PIZZA OVEN. THIS PROPERTY IS TRULY A STEP BACK IN THE PAST.

Listing Agent

Janet Erchul

Ely Realty Listed on: 08/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1995

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 256 x 356
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1 Bedroom
  • 551 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Range

Basement

  • Stone Basement
  • Crawl Space

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Water Not Available
  • Not Connected to Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0262-00020 & 465-0262-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take Central Avenue to Pioneer Rd, take a left toward the seaplane base and Semer's Park, follow a short distance to Newgord Dr on the left. Then to Fire #2450.
  • InternetOptions: Satellite
  • L O1 Office Phone1 Number: 218-349-0515
  • List Price/ Sq Ft: 435.57
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Vaulted Ceilings, Beamed Ceilings
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 551
  • Garage Type: None
  • Heat: Wood
  • Fireplaces: 1
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1995
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove
  • Basement Features: N/A
  • Basement Material: Stone
  • Basement Style: Crawl Space
  • Bathroom Description: None
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: See Remarks
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 551
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Log
  • Window Features:Insulated Windows: See Remarks

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: None
  • Sewer: None
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2025-08-20
  • Estimated Lot Dimensions: 256 X 356
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, Rolling, See Remarks
  • Parcel Number: 465-0262-00020 & 465-0262-00010

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 834

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $674 $66,700 $21,200 $45,500
2022 $616 $58,600 $19,000 $39,600
2021 $610 $50,200 $15,700 $34,500
2020 $564 $48,200 $15,700 $32,500
2019 $684 $48,200 $15,700 $32,500
2018 $680 $61,600 $18,000 $43,600
2017 $654 $61,600 $18,000 $43,600
2016 $612 $58,600 $19,200 $39,400
2015 $628 $58,600 $19,200 $39,400
2014 $628 $59,600 $20,200 $39,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $240,000 -- $436 / Sq Ft
Source: Lake Superior Area REALTORS®

Similar Homes in Ely, MN

  • 232 W Sheridan St, Ely, MN 55731

    $194,000

    • 3 Beds
    • 1 Bath
    • 963 Sq Ft
    • 232 W Sheridan St
    • Ely, MN

    Quaint 3BR/1BA home in walking distance to all Ely has to offer. The charming main level features the kitchen, living room, bedroom, full bathroom, dining/rec room with patio doors that lead to the back deck. The beautiful private back yard has rustic charm with a repurposed 16' pallet bar, rock landscaping, plus wood and brick patio. This perfect southfacing gathering space makes it difficult

    Trish Bulinski Bear Island Realty LLC

    Section Image
  • 11 E White St, Ely, MN 55731

    $239,700

    • 3 Beds
    • 2 Baths
    • 1,140 Sq Ft
    • 11 E White St
    • Ely, MN

    Nestled in the heart of Ely, this classic style home blends old world charm with modern comfort. Wrapped in warm cedar shakes, the home exudes curb appeal and character from the moment you arrive. Inside, you'll find 3 inviting bedrooms and 2 full bathrooms, thoughtfully laid out for easy everyday living. Elegant crown molding, rich wood floors, and French doors add a touch of sophistication

    Beth Ohlhauser Bear Island Realty LLC

    Section Image
  • 235 E Harvey St, Ely, MN 55731

    $233,000

    • 3 Beds
    • 2 Baths
    • 1,299 Sq Ft
    • 235 E Harvey St
    • Ely, MN

    A Charming 3 Bedroom, 2 Bath home with beautiful wood floors, custom built-ins, high ceilings, and many large windows. The details and finishings from it's era set it it apart. The kitchen opens to a formal dining room with a 10' high box ceiling, corner built-in hutches, and it opens to the south facing living room. There is a 10 x 11 sun porch with bead board ceiling and wainscott walls and 2

    Trish Bulinski Bear Island Realty LLC

    Section Image
  • 638 E James St, Ely, MN 55731

    $244,900

    • 3 Beds
    • 1.5 Baths
    • 1,350 Sq Ft
    • 638 E James St
    • Ely, MN

    Charming Two-Story Home Near Schools and ParkThis well-maintained 3-bedroom, 2-bath home offers timeless charm with modern updates. Featuring beautiful hardwood floors and newer appliances, this home combines comfort and style. Enjoy the convenience of a detached 2-car garage, plus a storage shed — all with brand-new roofs. Some windows have been recently replaced for improved efficiency.

    Julian Rasmusson Z'Up North Realty, Inc.

    Section Image
  • 628 E Boundary St, Ely, MN 55731

    $229,000

    • 3 Beds
    • 2 Baths
    • 1,644 Sq Ft
    • 628 E Boundary St
    • Ely, MN

    Gorgeous 3 Bedroom/2 Bath home, tuck under garage with a new door and opener. Awesome, 32 x 28 detached, insulated, heated, and plumbed garage, with new door opener. Classic ranch style home, forced air heat, central air conditioning, beautiful wood floors and new laminate floors. Three bedrooms on the main level with full bath and central hallway leading to the open living room, saturated

    Trish Bulinski Bear Island Realty LLC

    Section Image
  • 647 E Boundary St, Ely, MN 55731

    $199,000

    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 647 E Boundary St
    • Ely, MN

    Meticulously maintained Ranch style home with 3 bedrooms and a full bath all on the main floor. Located on an attractive, oversized lot in Ely, this lovely home features several core updates including steel siding, seamless gutters, new efficient forced air furnace w/ central air, new hot water heater, updated electrical, updated windows, and much more! On the main floor you will find 3

    Kate Davies Bear Island Realty LLC

    Section Image
  • 1151 E Camp St, Ely, MN 55731

    $233,000

    • 3 Beds
    • 3 Baths
    • 1,975 Sq Ft
    • 1151 E Camp St
    • Ely, MN

    Turn-key, beautifully remodeled in-town home in the heart of Ely, MN. This inviting, open concept home features 3 bedrooms, 3 baths (one on each level), large open kitchen with stainless appliances and main floor laundry. The main level features mud rooms at both front and back entries, gorgeous, refinished wood flooring in living and dining rooms, high ceilings with wood beams and ceiling fans

    Kate Davies Bear Island Realty LLC

    Section Image
  • 124 S 14th Ave E, Ely, MN 55731

    $217,000

    • 3 Beds
    • 1 Bath
    • 1,186 Sq Ft
    • 124 S 14th Ave E
    • Ely, MN

    Meticulously maintained one family owned Ranch style home with 3 Bedrooms and a full bathroom on the main level. The home faces west, with the living room looking that direction through large beautiful windows and carpeted floor, all three bedrooms have oak floors, currently one carpeted over the wood. (The wood condition underneath is unknown.) In addition there is a full bathroom with tub and

    Trish Bulinski Bear Island Realty LLC

    Section Image
  • xxxxx White Iron Lake, Ely, MN 55731

    $299,000

    • 3 Beds
    • 1,072 Sq Ft
    • xxxxx White Iron Lake
    • Ely, MN

    Remote water access parcel on White Iron Lake. This +-70 acre parcel has a very private setting with 2 well built year round cabins. The Big Pine Cabin is 16 x 22 with a wrap around deck on 3 sides. It sits on a beautiful ledge rock outcrop and is surrounded by huge white pines. There is a sauna building. The Wolf Point Cabin is 20 x 24 and has one bedroom on the main level and a loft bedroom as

    Chris Eilrich Wildwoods Land Company

    Section Image

Source: Lake Superior Area REALTORS®

MLS Number: 6121411

APN: 465026200020