Enjoy Northwoods lake life with approximately 210 feet of level shoreline on Eagle’s Nest Lake #3. This year-round, 4-bedroom, 1½-bath home features an open-concept kitchen, dining, and living area, creating a comfortable space for gathering with family and friends. A screened porch extends across the entire front of the home, offering beautiful lake views and a great place to relax and take in the surroundings. With easy access to the water, a dock, a boat launch, and plenty of room to enjoy the outdoors, this property offers the opportunity to enjoy lake living in every season. Adding to the appeal is a separate seasonal cabin (16' x 30') with its own screened porch overlooking the lake. The cozy, one-room cabin has an open floor plan combining the kitchen, dining, living, and sleeping areas. Whether you’re looking for a year-round lake home, or a recreational getaway, with extra space for family and guests, this Eagle’s Nest Lake #3 property offers a unique opportunity to enjoy the Northwoods. Septic Replacement: Sellers will escrow funds at closing for replacement of the septic system. Septic escrow terms and replacement details to be established as part of the purchase agreement and closing.
For sale
Price increase: $175K (10/28)
$650,000
1340 Walsh Rd, Ely, MN 55731
4beds
768sqft
Single Family Residence
Built in 1973
1.1 Acres Lot
$-- Zestimate®
$846/sqft
$-- HOA
What's special
Boat launchBeautiful lake views
- 150 days
- 767
- 24
Zillow last checked:
Listing updated:
Listed by:
Jason Roy 218-235-1628,
Wildwoods Land Company
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6125728
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- 3/4 bathrooms: 2
Primary bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: Main
- Area: 63 Square Feet
- Dimensions: 7 x 9
Bedroom
- Level: Main
- Area: 77 Square Feet
- Dimensions: 7 x 11
Bedroom
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8 x 10
Bathroom
- Description: 200 amp circuit breaker box next to closet.
- Level: Main
- Area: 66 Square Feet
- Dimensions: 11 x 6
Bathroom
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8 x 8
Deck
- Level: Main
- Area: 360 Square Feet
- Dimensions: 9 x 40
Dining room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Living room
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 x 11
Storage
- Level: Basement
- Area: 660 Square Feet
- Dimensions: 22 x 30
Utility room
- Level: Basement
- Area: 253 Square Feet
- Dimensions: 11 x 23
Heating
- Baseboard, Boiler, Radiant, Oil
Cooling
- Wall Unit(s), Ductless
Appliances
- Included: Water Heater-Electric, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
- Laundry: Dryer Hook-Ups, Washer Hookup
Features
- Ceiling Fan(s), Natural Woodwork, Vaulted Ceilings, Beamed Ceilings
- Doors: Patio Door
- Windows: Wood Frames
- Basement: Full,Unfinished,Walkout,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
- Has fireplace: No
Interior area
- Total interior livable area: 768 sqft
- Finished area above ground: 768
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Gravel, Carport, Detached, Electrical Service, Slab
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp, Grab Bars In Bathroom
Features
- Patio & porch: Deck
- Exterior features: Dock, Rain Gutters
- Fencing: Invisible
- Has view: Yes
- View description: Inland Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Rocky, Sand, Shore-Accessible, Elevation-Low)
- Body of water: Eagles Nest 3
- Frontage length: 210
Lot
- Size: 1.1 Acres
- Dimensions: 102 x 220, 102 x 240
- Features: Accessible Shoreline, Level
Details
- Foundation area: 1080
- Parcel number: 317015000080, 317015000070
- Other equipment: Fuel Tank-Owned, Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Previously Owned
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Drain Field
- Water: Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $846/sqft
- Tax assessed value: $321,000
- Annual tax amount: $4,514
- Date on market: 6/1/2026
- Cumulative days on market: 151 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Price change | $650,000+36.8%$846/sqft |
Source: | ||
| 9/28/2026 | Price change | $475,000-4%$618/sqft |
Source: | ||
| 8/4/2026 | Price change | $495,000-5.7%$645/sqft |
Source: | ||
| 7/27/2026 | Price change | $525,000-8.7%$684/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $575,000$749/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,132 -7.3% | $321,000 |
| 2025 | $3,380 +26.1% | $321,000 -10.7% |
| 2024 | $2,680 -2.6% | $359,600 +32.3% |
| 2023 | $2,752 +2.9% | $271,800 +3.1% |
| 2022 | $2,674 -0.1% | $263,700 +20.9% |
| 2021 | $2,676 | $218,100 -3.5% |
| 2020 | $2,676 | $226,100 |
| 2019 | $2,676 +7% | $226,100 +9.6% |
| 2018 | $2,500 +3.1% | $206,300 |
| 2017 | $2,424 -3% | $206,300 +12.9% |
| 2016 | $2,500 +15.4% | $182,700 -1.4% |
| 2015 | $2,166 -9% | $185,300 -5.7% |
| 2014 | $2,380 -1.2% | $196,600 |
| 2013 | $2,410 +3.3% | $196,600 |
| 2012 | $2,333 -0.5% | $196,600 -11.2% |
| 2011 | $2,344 +3.7% | $221,400 |
| 2010 | $2,261 | $221,400 |
| 2009 | $2,261 +25.2% | $221,400 +14.5% |
| 2008 | $1,805 +5.8% | $193,400 +15% |
| 2007 | $1,706 +7.6% | $168,200 +15% |
| 2006 | $1,586 +5.6% | $146,300 +32.3% |
| 2004 | $1,502 +8.4% | $110,600 +15.6% |
| 2003 | $1,386 +12.7% | $95,700 +14.5% |
| 2002 | $1,229 +6.7% | $83,600 +10.7% |
| 2001 | $1,152 +32.3% | $75,500 +30.8% |
| 2000 | $871 | $57,700 |
Find assessor info on the county website
Monthly payment
Est. payment




