$222,500
$4K PRICE INCREASE

4996 Big Lake Rd Ely, MN 55731

Estimated payment $1,249/month

Total Views 2,347
2 Beds
1 Bath
400 Sq Ft
$556 Price per Sq Ft

About This Home

Big Lake Wilderness Retreat CIC. . Investment opportunity. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a 3⁄4 bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft. Excellent fishing. For your private use and enjoyment and also allows for rentals. Rentals managed by an on-site well established management company. General maintenance taken care of as part of the income split. Includes a newer pontoon boat for you and renters to use. The cabin is completely furnished and well cared for.

Listing Agent

Lisa Jackson

Ely Realty License #40430498 Listed on: 04/16/2026

Ely Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Irregular Lot
  • Property is zoned SMU-7

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Shared Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 629-0032-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1950

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 04/18/2026
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 629-0032-00040
  • Patioporch: Deck
  • Real Estate Tax: 536
  • Style: One Story
  • Type: Residential
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 400
  • Bedroom 1: Size: 8 X 8, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Gas Range
  • Bedroom 2: Size: 8 X 8, On Level: Main
  • Kitchen: Size: 7.5 X 7.5, On Level: Main
  • Living Room: Size: 7.5 X 7.5, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Bathroom, Size: 5 X 8

Exterior Features

  • Exterior: Wood
  • Roof: Metal

Utilities

  • Utilities: Shared Well
  • Water Heater: Gas

Lot Info

  • Lot Size: Dimensions: 110x75
  • Number Of Acres: 0.18
  • Zoning: SMU-7

Map

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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 $1,152 $86,500 $71,700 $14,800
2023 $1,072 $84,000 $69,200 $14,800
2022 $1,088 $81,100 $67,000 $14,100
2021 $1,100 $81,100 $67,000 $14,100
2020 $1,100 $82,300 $67,000 $15,300
2019 $1,086 $82,300 $67,000 $15,300
2018 $1,102 $82,300 $67,000 $15,300
2017 $1,482 $82,300 $67,000 $15,300
2016 $1,700 $121,900 $109,300 $12,600
2015 $1,728 $139,700 $125,700 $14,000
2014 $1,728 $139,700 $125,700 $14,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2026 05/07/26 Price Changed $222,500 +1.6% $556 / Sq Ft
04/16/2026 04/16/26 For Sale $219,000 +9.5% $548 / Sq Ft
04/01/2022 04/01/22 Sold $200,000 0.0% $500 / Sq Ft View Prior Sale
02/19/2022 02/19/22 Pending -- -- --
09/15/2021 09/15/21 For Sale $200,000 -- $500 / 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
Deed $3,000 Northwest Title
Warranty Deed $400,000 Northwest Title
Corporate Deed $310,000 Northeast Title Company
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
Previous Owner $279,000 Unknown
Source: Public Records

Source: Range Association of REALTORS®

MLS Number: 149778

Range Association of REALTORS®

APN: 629003200040

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