$450,000
$85K PRICE DROP

2641 Priest Point Rd Ely, MN 55731

Estimated payment $2,768/month

Total Views 3,789
4 Beds
3 Baths
2,900 Sq Ft
$155 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • Cathedral Ceiling
  • Memorial High School Rated 9+
  • Multiple Fireplaces
  • Porch

About This Home

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 Agent

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 04/21/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1970

Lot Details

  • 26,136 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 625002600400

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,551

Year Built

Built in 1970

Lot Details

0.6 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Forced Air
  • Lvt Date: 04/21/2026
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 625002600400
  • Patioporch: Deck, Porch
  • Real Estate Tax: 4551
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 4
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2900
  • Bedroom 1: Size: 20 x 13, On Level: Upper
  • Total Bathrooms: 3
  • Appliances: Electric Range, Refrigerator
  • Bedroom 2: Size: 16 x 11, On Level: Upper
  • Bedroom 3: Size: 14 x 11, On Level: Upper
  • Fireplace: 2 Or More Fireplaces, Wood Burning
  • Kitchen: Size: 20 x 19, On Level: Main
  • Living Room: Size: 22 x 25, On Level: Main
  • Other Room 2: Bedroom, Size: 12 x 12, On Level: Upper
  • Other Room 3: 3 Sea Porc, Size: 10 x 19, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Attached
  • Garage Capacity: 2
  • Garage Size: 24 x 28

Utilities

  • Cooling: Central
  • Utilities: Septic, Well

Lot Info

  • Lot Size: Dimensions: 275x120
  • Number Of Acres: 0.6
  • Zoning: Resid

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,636 $489,800 $172,800 $317,000
2023 $4,666 $396,500 $139,600 $256,900
2022 $3,910 $349,600 $127,200 $222,400
2021 $3,632 $333,500 $121,000 $212,500
2020 $3,402 $295,400 $110,600 $184,800
2019 $3,512 $295,400 $110,600 $184,800
2018 $3,904 $311,400 $122,000 $189,400
2017 $4,152 $311,400 $122,000 $189,400
2016 $4,106 $332,000 $119,300 $212,700
2015 $3,984 $332,000 $119,300 $212,700
2014 $3,984 $332,000 $119,300 $212,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2026 05/26/26 Price Changed $450,000 -15.9% $155 / Sq Ft
04/21/2026 04/21/26 For Sale $535,000 +127.7% $184 / Sq Ft
10/05/2018 10/05/18 Sold $235,000 0.0% $81 / Sq Ft View Prior Sale
07/25/2018 07/25/18 Pending -- -- --
03/01/2017 03/01/17 For Sale $235,000 -- $81 / Sq Ft
Source: Range Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $235,000 --
Quit Claim Deed $3,000 None Listed On Document
Quit Claim Deed $9,775 None Available
Assignment Deed $235,000 None Available
Land Contract $235,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $125,000 Land Contract Argmt. Of Sale
Source: Public Records

Source: Range Association of REALTORS®

MLS Number: 149787

Range Association of REALTORS®

APN: 625002600400

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