$475,000

4089 First Lake Rd Ely, MN 55731

Estimated payment $2,643/month

Total Views 8,187
1 Bed
1 Bath
1,080 Sq Ft
$440 Price per Sq Ft

Highlights

  • 18 Acre Lot
  • Deck
  • 1-Story Property
  • Memorial High School Rated 9+
  • Enclosed Patio or Porch
  • Instant Hot Water

About This Home

This Echo Trail beauty in Ely, Mn is an opportunity to find solace at this 18 acre off grid nature wonderland with a beautiful year round home/cabin There is a new septic system, drilled well with crystal clear drinking water & 2 independent solar systems providing the ultimate wilderness experience. The 1080 sq. ft open floor plan features the living, dining area,kitchen, and 3⁄4 bath/laundry. The loft bedroom has beautiful sunset views. South facing deck and a 3 season porch. The large windows on the main level provide breathtaking views of the surrounding beautifully wooded property from every window. Native pine, oak and maple growing out of the expansive pink granite ledge rock provide a perfect canopy for the abundance of wildflowers, blueberries, June berries and two apple trees. A 30 X 40 insulated garage provides plenty of storage for your vehicles and toys. With Federal and State land on 3 sides and the BWCA just a mile away, this property has the perfect bl

Listing Agent

Jan Erchul

Ely Realty License #593436 Listed on: 06/06/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 2009

Parking

  • 3 Car Garage

Home Design

  • Loft
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Gas Dryer

Kitchen

  • Gas Range
  • Instant Hot Water

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Eco-Friendly Details

  • Green Features

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 628-0010-03491

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,358

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 06/06/2025
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 1
  • Parcel Code Number: 628-0010-03491
  • Patioporch: Deck, Porch, Enclosed, Screened
  • Real Estate Tax: 1358
  • Style: One Story And A Loft
  • Total Above Grade Sq Ft: 1080
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Finished Sq Ft: 1080
  • Bedroom 1: Size: 12 X 14, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Gas Dryer, Gas Range
  • Dining Room: Size: 6 X 8, On Level: Main
  • Fireplace: Free Standing, Gas Log
  • Kitchen: Size: 10 X 12, On Level: Main
  • Living Room: Size: 12 X 27, On Level: Main
  • Main Level Sq Ft: 1080
  • Other Room 2: Porch, Size: 10 X 24, On Level: Main
  • Other Room 3: Bathroom, Size: 6.5 X 9

Exterior Features

  • Exterior: Wood
  • Roof: Metal

Garage/Parking

  • Garage: 3+ Stalls
  • Garage Capacity: 3
  • Garage Size: 30 X 40

Utilities

  • Utilities: Septic, Well
  • Water Heater: Instant, Gas

Schools

  • School District: Ely-696

Green Features

  • Green Features: Green Features

Lot Info

  • Lot Size: Dimensions: 56x1350
  • Number Of Acres: 18
  • Zoning: Res

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $475,000 -11.2% $440 / Sq Ft
06/05/2025 06/05/25 For Sale $535,000 -- $495 / Sq Ft
Source: Range Association of REALTORS®

Source: Range Association of REALTORS®

MLS Number: 148478

Range Association of REALTORS®
Minnesota St Louis County Ely 55731

4089 First Lake Rd, Ely, MN

This home is located at 4089 First Lake Rd, Ely, MN 55731 and is currently priced at $475,000, approximately $439 per square foot. This property was built in 2009. 4089 First Lake Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Jan Erchul
Listing Agent
Jan Erchul
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Ely Realty
(218) 349-0515