Looking for that perfect slice of Ely lake life? This 4-bedroom, 3-bath home on Bear Island Lake delivers it with a smile. Set on 120 feet of beautiful sandy shoreline, this exceptionally well-maintained two-story home gleams with quality. The centerpiece is a stunning custom two-story fieldstone fireplace — double-sided so you can enjoy the crackle from both the living room and the cozy upper level. Inside you’ll find a large eat-in kitchen with warm wood cabinetry, a spacious living room with soaring cathedral ceilings, and breathtaking lake views. A 3-season porch adds even more space for summer entertaining, while decks on both levels let you soak in the scenery morning and night. Recent updates include a new roof, central air, and fresh exterior paint. Compliant septic, too. Just bring your boat, your fishing gear, and your sense of adventure. Whether you’re chasing walleyes or chasing sunsets, this lake home is ready for you.
Pending
Price cut: $65K (7/16)
$360,000
2641 Priests Point Rd, Ely, MN 55731
4beds
2,900sqft
Single Family Residence
Built in 1970
0.6 Acres Lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
Breathtaking lake viewsFresh exterior paintCentral airNew roof
- 120 days |
- 942 |
- 48 |
Zillow last checked:
Listing updated:
Listed by:
Andrea Zupancich 218-749-0159,
Z' Up North Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124547
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Office, Enclosed Porch, Utility Room
Primary bedroom
- Level: Upper
- Area: 260 Square Feet
- Dimensions: 20 x 13
Bedroom
- Level: Upper
- Area: 176 Square Feet
- Dimensions: 16 x 11
Bedroom
- Level: Upper
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 380 Square Feet
- Dimensions: 20 x 19
Living room
- Level: Main
- Area: 550 Square Feet
- Dimensions: 22 x 25
Office
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12 x 11
Other
- Level: Main
- Area: 190 Square Feet
- Dimensions: 10 x 19
Heating
- Forced Air, Oil
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: Main Level
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 2,900 sqft
- Finished area above ground: 2,900
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Patio & porch: Deck, Porch
- Exterior features: Balcony, Dock
- Has view: Yes
- View description: Inland Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private)
- Body of water: Bear Island
- Frontage length: 120
Lot
- Size: 0.6 Acres
- Dimensions: 275 x 120
Details
- Foundation area: 1280
- Parcel number: 625002600400
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1970
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Private Sewer
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $489,800
- Annual tax amount: $4,551
- Date on market: 4/17/2026
- Cumulative days on market: 119 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,720/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Pending sale | $360,000$124/sqft |
Source: | ||
| 7/16/2026 | Price change | $360,000-15.3%$124/sqft |
Source: Range AOR #149787 Report a problem | ||
| 6/19/2026 | Price change | $425,000-5.6%$147/sqft |
Source: | ||
| 5/26/2026 | Price change | $450,000-15.9%$155/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $535,000+127.7%$184/sqft |
Source: | ||
| 10/5/2018 | Sold | $235,000-11.3%$81/sqft |
Source: | ||
| 8/7/2018 | Pending sale | $265,000$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 7/26/2018 | Listed for sale | $265,000$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 7/26/2018 | Pending sale | $265,000$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 6/15/2018 | Listed for sale | $265,000$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 5/22/2018 | Pending sale | $265,000$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 5/9/2018 | Listed for sale | $265,000$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 5/2/2018 | Pending sale | $265,000$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 11/30/2017 | Price change | $265,000-3.6%$91/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 4/24/2017 | Listed for sale | $275,000$95/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 4/6/2017 | Pending sale | $275,000$95/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 3/1/2017 | Listed for sale | $275,000-8%$95/sqft |
Source: Bear Island Land Co., Inc #6027143 Report a problem | ||
| 7/10/2016 | Listing removed | $299,000$103/sqft |
Source: Z' Up North Realty #2309284 Report a problem | ||
| 11/5/2015 | Listed for sale | $299,000-0.3%$103/sqft |
Source: Z' Up North Realty #2309284 Report a problem | ||
| 11/2/2014 | Listing removed | $300,000$103/sqft |
Source: z'Up North Realty #120998 Report a problem | ||
| 8/2/2014 | Listed for sale | $300,000$103/sqft |
Source: z'Up North Realty #120998 Report a problem | ||
| 3/21/2014 | Listing removed | $300,000$103/sqft |
Source: z'Up North Realty #120998 Report a problem | ||
| 10/25/2013 | Listed for sale | $300,000$103/sqft |
Source: z'Up North Realty #120998 Report a problem | ||
| 8/30/2013 | Listing removed | $300,000$103/sqft |
Source: z'Up North Realty #120998 Report a problem | ||
| 5/30/2013 | Listed for sale | $300,000$103/sqft |
Source: z'Up North Realty #120998 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,906 +5.2% | $489,800 +23.5% |
| 2023 | $3,712 -5.1% | $396,500 +13.4% |
| 2022 | $3,910 +14.9% | $349,600 +4.8% |
| 2021 | $3,402 | $333,500 +12.9% |
| 2020 | $3,402 | $295,400 |
| 2019 | $3,402 -12.9% | $295,400 -5.1% |
| 2018 | $3,904 +11.2% | $311,400 |
| 2017 | $3,512 -10% | $311,400 -6.2% |
| 2016 | $3,904 -6% | $332,000 |
| 2015 | $4,152 +1.1% | $332,000 |
| 2014 | $4,106 +0.3% | $332,000 -4.4% |
| 2013 | $4,092 -6.6% | $347,200 -12.9% |
| 2012 | $4,380 +18% | $398,700 |
| 2011 | $3,711 +0.7% | $398,700 |
| 2010 | $3,686 | $398,700 |
| 2009 | $3,686 +6.6% | $398,700 +14.9% |
| 2008 | $3,457 +0.1% | $347,000 +9.7% |
| 2007 | $3,454 +33.2% | $316,400 +15% |
| 2006 | $2,594 +1.4% | $275,100 +32.3% |
| 2004 | $2,557 +37.3% | $208,000 +12% |
| 2003 | $1,862 +29.2% | $185,700 +10% |
| 2002 | $1,441 -36.8% | $168,800 +8.5% |
| 2001 | $2,279 +9.5% | $155,600 +8.5% |
| 2000 | $2,082 | $143,400 |
Find assessor info on the county website
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Neighborhood: 55731
Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: PK-5Distance: 9.5 mi
- 7/10Memorial Middle SchoolGrades: 6-8Distance: 9.5 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 9.5 mi
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