$129,000
SOLD NOV 13, 2025

4194 First Lake Rd Ely, MN 55731

1 Bed
-- Bath
280 Sq Ft
11.43 Acres

Recently Sold

$461 Per Sq Ft

4% Below List Price

125 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Property is near a preserve or public land
  • Memorial High School Rated 9+
  • No HOA
  • 1-Story Property

About This Home

As of November 2025

Located 11 miles north of Ely, just off the renowned Echo Trail, this serene retreat spans 11.46 acres of stunning pink granite and towering century-old White Pines. Constructed in 2016, this 14 x 20 cabin is designed for year-round use, providing a perfect escape from city life and an ideal vantage point for observing the Northern Lights and the expansive northern sky. Nearby, walking access to the Boundary Waters Canoe Area (BWCA) enhances the outdoor experience. This "glamping" cabin features wood heating, a propane cooking stove, a sink with a 5-gallon grey water washstand, an 11 x 14 dining/living area, and an 8 x 11 open bedroom. Guests need only to bring potable water and can enjoy a mostly furnished space equipped with essential amenities. The cabin is powered by three 12-volt ceiling fixtures connected to a marine battery, with the option of using a solar charger for year-round battery maintenance. An inviting 6 x 14 deck at the entrance provides seasonal outdoor space for grilling or relaxation. Additionally, an 8 x 14 woodshed with attached 4-wheeler storage, complete with ramps, is fully stocked and ready for use. The property also includes a vaulted privy system, permitted by St. Louis County, which is scheduled for inspection soon. A cozy outdoor firepit area invites gatherings under the starlit sky, allowing for a truly immersive experience in nature. With a gated entry off the Echo Trail, this 11.46-acre property offers abundant privacy and tranquility.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 06/17/2025

Last Buyer's Agent

Jerry Fink

Canoe Capital Realty, LLC Listed on: 06/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 2016

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 280 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Dining Room

Utilities

  • Heating System Uses Wood
  • Water Not Available
  • Private Sewer

Additional Features

  • Outhouse
  • 11.43 Acre Lot

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 628-0010-01961

Home Details

Home Type

Single Family

Est. Annual Taxes

$724

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 11 miles north of Ely on the Echo Trail to sign on right
  • L O1 Office Phone1 Number: 218-365-8689
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: Seasonal
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 280
  • Garage Type: None
  • Heat: Wood
  • MainFloorBath: No
  • TotalBedrooms: 1
  • Year Built: 2016
  • Level 1 Bedroom: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Bedroom
  • Bathroom 2: Dining Room
  • Stories: 1 Story
  • Total Fin Square Footage: 280
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: None
  • Sewer: Private, Outhouse
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: Irregular - 11.43 Acres
  • Estimated Number of Acres: 11.43
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 628-0010-01961

Tax Info

  • Tax Amount: 724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2025
Closed on
Nov 13, 2025
Sold by
Palcher Bernard J and Palcher Jeanette A
Bought by
Holmes Tamara
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$134,900
Sold Price
$129,000
Premium/Discount to List
-$5,900
-4.37%
Views
7262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.82%

Purchase Details

Closed on
May 4, 2016
Sold by
Northview Bank
Bought by
Palcher Bernard J and Palcher Jeanette A

Purchase Details

Closed on
Jun 9, 2011
Sold by
Berglund Greg D and Berglund Lisa J
Bought by
Northview Bank

Purchase Details

Closed on
Nov 19, 2004
Sold by
Mcgill Properties Llc
Bought by
Berglund Greg D and Berglund Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $129,000 Northeast Title
Warranty Deed $42,500 Northeast Title Company
Trustee Deed $66,404 None Available
Warranty Deed $79,500 Northeast Title Company
Warranty Deed $79,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $71,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Sold $129,000 0.0% $461 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
08/27/2025 08/27/25 Price Changed $129,000 -4.4% $461 / Sq Ft
06/17/2025 06/17/25 For Sale $134,900 -- $482 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

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
2024 $774 $76,100 $61,400 $14,700
2023 $774 $67,400 $55,800 $11,600
2022 $666 $60,900 $50,300 $10,600
2021 $690 $54,100 $44,700 $9,400
2020 $660 $55,000 $44,700 $10,300
2019 $618 $55,000 $44,700 $10,300
2018 $590 $53,500 $43,200 $10,300
2017 $464 $50,400 $43,200 $7,200
2016 $686 $44,100 $44,100 $0
2015 $660 $66,100 $66,100 $0
2014 $660 $66,100 $66,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6120238

APN: 628001001961