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Sold for $340,000
  • Zestimate®
    $340,000

    13321 Lodge Rd, Ely, MN 55731

    2beds
    0baths
    576sqft
    Single Family Residence
    Built in 1960
    2.5 Acres Lot
    $340,000 Zestimate®
    $590/sqft
    $1,303 Estimated rent

    Home value

    $340,000

    Estimated sales range

    Not available

    $1,303/mo

    Zestimate® history
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    What's special

    Own dockPath near the lakeshoreLarge comfortable outhouseSeparate wood shedElectric baseboard heatersWood stove for heat
    Spectacular island on Farm Lake with a newly updated and remodeled 2 bedroom log cabin! Island is approx. 2.5 acres with over 2000 feet of gorgeous shoreline with views right into the famous Boundary Waters Canoe Area Wilderness! Farm Lake is part of the biggest lake chain in the Ely area and the other lakes in the chain are White Iron, Garden, and South Farm Lakes..aprox 12 miles long from one end to the other! This lake chain offers great fishing, and the perfect combination of great boating and recreation, and also direct easy access into the wilderness area right next door! The island is accessed from your own private deeded landing on the mainland where you can park your vehicle and keep a boat at your own dock and be to the island in just a few minutes by boat or canoe. No big water crossing as its just around the bend. The cabin is ready to go for all your Ely area adventures year around and has a wood stove for heat, and electric baseboard heaters as well. Bedrooms each have new queen beds and all furniture is included. Appliances include: range, refrigerator, coffee maker, and toaster. Follow a path near the lakeshore to a very nice sauna with new cedar walls and benches. The large comfortable outhouse is being converted from a pit toilet to an incinerating toilet per county regs. A tool and equipment storage shed and separate wood shed are also onsite with all lawn tools included. This island is a very pleasant place to be and is aesthetically pleasing is all respects. Spend a few minutes here and you'll be ready to stay for a lifetime! Let the peace and tranquility of this very special place become your new up north getaway place!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Hway 218-349-0906,

    Bear Island Realty LLC,

    Zachary Hway 651-341-0383,

    Bear Island Realty LLC

    Bought with:

    Jeff Hway, MN 20328116

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126443MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Primary bedroom
    • Level: Main
    • Area: 114 Square Feet
    • Dimensions: 12 x 9.5
    Bedroom
    • Level: Main
    • Area: 76 Square Feet
    • Dimensions: 8 x 9.5
    Dining room
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 8 x 8
    Great room
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14 x 12
    Kitchen
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 8 x 6
    Sauna
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 8 x 12
    Heating
    • Radiant, Wood, Electric
    Appliances
    • Included: Microwave, Range, Refrigerator
    Features
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 576 sqft
    • Finished area above ground: 576
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street, Gravel, None
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: Inland Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private)
    • Body of water: Fall
    • Frontage length: 2000
    Lot
    • Size: 2.5 Acres
    Details
    • Foundation area: 576
    • Parcel number: 28631134850

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Rustic
    • Property subtype: Single Family Residence
    Materials
    • Log, Log Home
    Condition
    • Previously Owned
    • Year built: 1960

    Utilities & green energy

    • Electric: Minnesota Power
    • Sewer: Outhouse
    • Water: None

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $590/sqft
    • Tax assessed value: $297,500
    • Annual tax amount: $1,947
    • Date on market: 6/30/2026
    • Cumulative days on market: 57 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/1/2026Sold$340,000-13.9%$590/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126443 Report a problem
    8/24/2026Pending sale$395,000$686/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126443 Report a problem
    6/30/2026Listed for sale$395,000-28.1%$686/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126443 Report a problem
    12/1/2025Listing removed$549,000$953/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6119869 Report a problem
    7/29/2025Price change$549,000-5.2%$953/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6119869 Report a problem
    6/5/2025Listed for sale$579,000+45.1%$1,005/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6119869 Report a problem
    9/11/2020Sold$399,000+104.6%$693/sqft
    Source: Public Record Report a problem
    5/24/2016Sold$195,000$339/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,035 +2.8%$297,500 -0.7%
    2024$1,979 +43.9%$299,600 +1.6%
    2023$1,375 -23.1%$294,800 +54.2%
    2022$1,789 +0.6%$191,200
    2021$1,778 -1.8%$191,200
    2020$1,810 -16.7%$191,200 -9.4%
    2018$2,173 -10.9%$211,100 -1.5%
    2017$2,438 +875.7%$214,400 -12.1%
    2016$250 -90%$244,000 -2.7%
    2015$2,498 $250,700
    2014$2,498 -0.1%--
    2013$2,500 +12.6%--
    2012$2,220 --
    2011-- --
    2010$4,876 --
    Find assessor info on the county website

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.

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