$360,000
$175K PRICE DROP

2641 Priest Point Rd Ely, MN 55731

Ely Area

Estimated payment $2,335/month

Total Views 5,865
4 Beds
2.5 Baths
2,900 Sq Ft
$124 Price per Sq Ft

Highlights

  • Very Popular Property
  • 120 Feet of Waterfront
  • Living Room with Fireplace
  • Memorial High School Rated 9+
  • Deck
  • Cathedral Ceiling

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, Inc. Listed on: 04/20/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 275.00 x 120.00
  • 120 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Lahti Land First Add To Subdivision

Listing and Financial Details

  • Assessor Parcel Number 625002600400

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,551

Year Built

Built in 1969

Lot Details

0.69 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Wood
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 2900
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2900
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Foundation Details: Slab
  • PatioPorchType: Deck, Porch
  • Waterfront Frontage: 120

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Oil
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ely
  • SchoolDistrictPhone: 2183656166

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 275.00 x 120.00
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 625002600400
  • Tax Annual Amount: 4551
  • TaxWithAssessments: 4636

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Value Increase
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Tax 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.

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

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 Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2026 07/16/26 Price Changed $360,000 -15.3% $124 / Sq Ft
06/24/2026 06/24/26 Price Changed $425,000 -5.6% $147 / Sq Ft
05/26/2026 05/26/26 Price Changed $450,000 -15.9% $155 / Sq Ft
04/20/2026 04/20/26 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: NorthstarMLS

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
Land Contract $235,000 None Available
Assignment Deed $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 $94,757 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 7058639

NorthstarMLS

APN: 625002600400

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