$475,000
$124K PRICE DROP

2734 Bear Island River Rd Ely, MN 55731

Ely Area

Estimated payment $3,005/month

Total Views 11,619
2 Beds
1.5 Baths
1,172 Sq Ft
$405 Price per Sq Ft

Highlights

  • Private Waterfront
  • Den
  • Living Room
  • Lake View
  • Detached Garage
  • Wood Siding

About This Home

Stop the scroll—this is the lake place you’ve been waiting for! With 266 feet of prime shoreline, this one-level 2+ bedroom, 2 bath cabin is perched perfectly for sweeping island views, southwest exposure, and jaw-dropping sunsets over Bear Island Lake. Inside, enjoy a bright, eat-in kitchen where you can watch the lake sparkle while you dine, plus comfortable bedrooms and two baths with plenty of room for everyone. The living is easy with everything on one level. Outside, you’ll find a 22x26 detached garage, shed for gear, and outdoor spaces that make lake living a dream. Imagine evenings on the shore, campfires with friends, and mornings where the only sound is the call of a loon. Lovingly held as a long-time family cabin, this retreat is now ready for new memories. Whether you’re looking for weekends of relaxation or a forever place by the water, this property delivers all the Up North vibes. Don’t miss this rare opportunity to claim your spot on Bear Island Lake!

Listing Agent

Andrea Zupancich

Z' Up North Realty Brokerage Phone: Listed on: 03/20/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1972

Lot Details

  • 32,670 Sq Ft Lot
  • Lot Dimensions are 315.00 x 242.00
  • Private Waterfront

Parking

  • Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,172 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Den
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Drilled Well

Listing and Financial Details

  • Assessor Parcel Number 625002600650

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,765

Year Built

Built in 1972

Lot Details

0.75 Acres

Parking

2

Listing Details

  • Directions: Hwy 21 to Bear Island River Road, stay to the right at the T and follow to address on the left.
  • Tax Year: 2026
  • View Type:Pond View: Inland Lake
  • Reso Roof: Asphalt Shingle
  • Year Built: 1972
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • LotSizeAcres: 0.75
  • Lot Size: 315.00 x 242.00
  • Water Body Name: Bear Island
  • Co List Office Mls Id: LSA11380
  • Above Grade Finished Sq Ft: 1172
  • Living Area: 1172
  • RoomType: Living Room
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • RoomType: Kitchen
  • RoomType: Bedroom
  • RoomType: Bedroom
  • RoomType: Den/Office
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Stories: 1
  • LSA_MainFloorBedroom: 1

Exterior Features

  • Disclosures: Disc./Condition Report, LBP Disclosure
  • Construction Type: Wood
  • Foundation Details: N/A
  • Other Structures: Storage Shed
  • LSA_WaterfrontAccess: Private

Garage/Parking

  • LSA_GarageType: Detached

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Water Source: Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 625002600650
  • Land Lease Expiration Date: 2026-12-25
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4765

Map

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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
08/03/2026 08/03/26 Price Changed $475,000 -20.7% $405 / Sq Ft
03/20/2026 03/20/26 For Sale $599,000 -- $511 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6124119

APN: 625002600650

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