Pending

Price cut: $25K (5/27)

$350,000

1531 Bear Head State Park Rd, Ely, MN 55731

1beds

1,056sqft

Get pre-qualified

Single Family Residence

Built in 1940

1.4 Acres Lot

$-- Zestimate^®

$331/sqft

$-- HOA

What's special

Year round cabin on Eagles Nest 1 with +-100’ of level shoreline and western sunset views. The main level has a lakeside kitchen and dining area with an elevated deck just 30’ from the lake. There is also an adjoining living room and entry room from the backyard. The lower level has a large bedroom, ¾ bath and laundry area. There is a lakeside, woodfired sauna with changing room, just feet from the crystal clear waters of Eagles Nest Lake. The backside of the property has a 2 car garage, 3 sheds and a compliant septic system. Part of the +-1.4 acres is located across the road and adjoins county land for other recreational adventures. This is a great location on a paved road with direct access to the Mesabi Bike Trail.

56 days

79

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
3/4 bathrooms: 1

Bedroom

Level: Basement
Area: 180 Square Feet
Dimensions: 12 x 15

Bathroom

Level: Basement
Area: 56 Square Feet
Dimensions: 7 x 8

Dining room

Level: Main
Area: 90 Square Feet
Dimensions: 7.5 x 12

Kitchen

Level: Main
Area: 150 Square Feet
Dimensions: 10 x 15

Laundry

Level: Basement
Area: 121 Square Feet
Dimensions: 5.5 x 22

Living room

Level: Main
Area: 165 Square Feet
Dimensions: 11 x 15

Heating

Radiant, Wall Unit(s), Electric

Appliances

Included: Dryer, Washer
Laundry: Dryer Hook-Ups, Washer Hookup

Features

Natural Woodwork, Sauna
Doors: Patio Door
Windows: Vinyl Windows
Basement: Full,Walkout,Bath,Bedrooms,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
Has fireplace: No

Interior area

Total interior livable area: 1,056 sqft
Finished area above ground: 528
Finished area below ground: 528

Property

Parking

Total spaces: 2
Parking features: Off Street, Gravel, Detached
Garage spaces: 2
Has uncovered spaces: Yes

Features

Patio & porch: Deck
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)
Body of water: Eagles Nest 1
Frontage length: 100

Lot

Size: 1.4 Acres
Dimensions: 600 x 100
Features: Accessible Shoreline, Level

Details

Additional structures: Sauna, Storage Shed
Foundation area: 528
Parcel number: 317003000130

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl, Frame/Wood
Foundation: Wood
Roof: Asphalt Shingle,Metal

Condition

Previously Owned
Year built: 1940

Utilities & green energy

Electric: Lake Country Power
Sewer: Private Sewer, Drain Field, Outhouse
Water: Private, Sand Point

Community & HOA

HOA

Has HOA: No

Location

Region: Ely

Financial & listing details

Price per square foot: $331/sqft
Tax assessed value: $269,200
Annual tax amount: $1,737
Date on market: 5/5/2026
Cumulative days on market: 40 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/15/2026	Pending sale	$350,000$331/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124972 Report a problem
5/29/2026	Contingent	$350,000$331/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124972 Report a problem
5/27/2026	Price change	$350,000-6.7%$331/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124972 Report a problem
5/5/2026	Listed for sale	$375,000$355/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124972 Report a problem
1/8/2026	Listing removed	$375,000$355/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121834 Report a problem
9/29/2025	Price change	$375,000-6%$355/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121834 Report a problem
9/10/2025	Listed for sale	$399,000$378/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121834 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,564 -1.3%	$269,200 +32%
2023	$1,584 +4.5%	$204,000 +2.6%
2022	$1,516 -4.1%	$198,900 +16.9%
2021	$1,580	$170,200 -4%
2020	$1,580	$177,300
2019	$1,580 +13.7%	$177,300 +9.4%
2018	$1,390 +3.4%	$162,100
2017	$1,344 -3.3%	$162,100 +12.5%
2016	$1,390 +22.8%	$144,100 +3.9%
2015	$1,132 -12.5%	$138,700 -7.1%
2014	$1,294 -3.8%	$149,300
2013	$1,344 +3.1%	$149,300
2012	$1,303 -36.1%	$149,300 -42.6%
2011	$2,039 +2.1%	$260,000
2010	$1,997	$260,000
2009	$1,997 +112.2%	$260,000 +50.8%
2008	$941 +15.5%	$172,400 +15.9%
2007	$815 +25.9%	$148,700 +19.2%
2006	$647 +60.1%	$124,800 +41%
2004	$404 +19.1%	$88,500 +17.1%
2003	$339 +17.8%	$75,600 +15.4%
2002	$288 -6.8%	$65,500 +9.9%
2001	$309 +42.6%	$59,600 +17.3%
2000	$217	$50,800

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified