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For sale
    • $499,999

    2762 Cedar Lake Rd, Ely, MN 55731

    2beds
    2,382sqft
    : 
    $3,315/mo
    Get pre-qualified
    Single Family Residence
    Built in 1994
    10 Acres Lot
    $-- Zestimate®
    $210/sqft
    $-- HOA

    What's special

    Wood floorsAttached two-stall garageCozy freestanding wood-burning stoveSeparate woodshedGenerous storage spaceFront and back decksTranquil woodland views
    Lovely 2-bedroom, 2-bath kit log home situated on 10 acres of diverse forest. Custom built in 1994 by Greatwood Log Homes; this quality crafted, one owner residence has been meticulously maintained and offers the perfect blend of rustic charm and modern comfort. The main level features a spacious bedroom and full bath, along with an open-concept kitchen, dining, and living area highlighted by a soaring vaulted ceiling, impressive stone chimney, cozy freestanding wood-burning stove, and wood floors. Just off the dining room, the inviting four-season porch is surrounded by windows on three sides, providing tranquil woodland views, abundant natural light, and direct access to the 14' x 20' back deck. The loft serves as a private primary suite with a bedroom, full bath, and versatile open area that can be customized to fit your lifestyle; whether as a sitting room, home office, reading nook, or exercise space. The partially finished lower level includes a bonus room with a window, a workshop, generous storage space. Year-round comfort is provided by an efficient off peak electric furnace and in-floor radiant heat. The home is served by a drilled well and private septic system. An attached two-stall garage is conveniently accessed through the main-level laundry room. Step outside to enjoy both front and back decks, a 20' x 11' insulated workshop/storage building, and a separate woodshed. Located just a few miles from town on well-maintained roads, this peaceful country property is surrounded by a diverse mix of mature trees and abundant wildlife, offering exceptional privacy and making it an ideal year round home or relaxing Northwoods retreat.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Bulinski 218-349-5595,

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6127151MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bedrooms: 1
      Bedroom
      • Description: Carpeted, Ceiling fan
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 13 x 16
      Bedroom
      • Description: Double closet, log beam accents spanning across vaulted ceiling, carpet, walk out to the private deck, skylight and ceiling fan
      • Level: Upper
      • Area: 260 Square Feet
      • Dimensions: 13 x 20
      Bathroom
      • Description: Full bath, ceramic tile floor
      • Level: Main
      • Area: 50 Square Feet
      • Dimensions: 5 x 10
      Bathroom
      • Level: Upper
      • Area: 56 Square Feet
      • Dimensions: 7 x 8
      Bonus room
      • Description: Used for office or overflow guest area, built in shelving and ceramic tile
      • Level: Lower
      • Area: 275 Square Feet
      • Dimensions: 11 x 25
      Other
      • Description: Wood floor, access to deck, 3 sides windows
      • Level: Main
      • Area: 171 Square Feet
      • Dimensions: 9 x 19
      Kitchen
      • Description: Combined with dining room, wood floor
      • Level: Main
      • Area: 297 Square Feet
      • Dimensions: 11 x 27
      Laundry
      • Description: Storage cabinets, closet, ceramic tile floor and access to garage
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8 x 10
      Living room
      • Description: Wood floor, Freestanding wood fireplace, vaulted ceilings, stone chimney
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 16 x 18
      Loft
      • Description: Carpet, Open to the living room below
      • Level: Upper
      • Area: 143 Square Feet
      • Dimensions: 11 x 13
      Storage
      • Level: Lower
      • Area: 260 Square Feet
      • Dimensions: 13 x 20
      Workshop
      • Description: Work bench, location of electrical panels
      • Level: Lower
      • Area: 260 Square Feet
      • Dimensions: 13 x 20
      Heating
      • Fireplace(s), Forced Air, In Floor Heat, Radiant, Wood, Electric
      Appliances
      • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
      • Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
      Features
      • Ceiling Fan(s), Natural Woodwork, Vaulted Ceilings, Beamed Ceilings
      • Flooring: Hardwood Floors, Tiled Floors
      • Doors: Patio Door
      • Windows: Skylight(s)
      • Basement: Full,Partially Finished,Den/Office,Utility Room
      • Number of fireplaces: 1
      • Fireplace features: Free Standing
      Interior area
      • Total interior livable area: 2,382 sqft
      • Finished area above ground: 1,772
      • Finished area below ground: 610
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street, Gravel, Attached, Drains, Electrical Service, Slab
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Has view: Yes
      • View description: Typical
      Lot
      • Size: 10 Acres
      • Dimensions: 1320 x 330
      • Features: Tree Coverage - Medium, Level
      Details
      • Additional structures: Storage Shed, Workshop
      • Foundation area: 1260
      • Parcel number: 465002003755

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Log
      • Property subtype: Single Family Residence
      Materials
      • Log, Wood, Log Home
      • Foundation: Concrete Perimeter
      • Roof: Metal
      Condition
      • Previously Owned
      • Year built: 1994

      Utilities & green energy

      • Electric: Lake Country Power
      • Sewer: Private Sewer
      • Water: Private, Drilled
      • Utilities for property: Satellite

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $210/sqft
      • Tax assessed value: $353,600
      • Annual tax amount: $2,731
      • Date on market: 8/4/2026
      • Cumulative days on market: 3 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/4/2026Listed for sale$499,999$210/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6127151 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,000 +6%$353,600 +1.6%
        2023$2,830 +6.8%$348,200 +14.1%
        2022$2,650 +6.9%$305,200 +15.4%
        2021$2,480 $264,400 +5%
        2020$2,480 $251,900
        2019$2,480 +9.3%$251,900 +4.2%
        2018$2,268 -0.9%$241,800
        2017$2,288 +0.9%$241,800 +9%
        2016$2,268 +10.4%$221,900 +8.5%
        2015$2,054 +2%$204,600
        2014$2,014 -3.8%$204,600 -2.5%
        2013$2,093 +2.7%$209,800 -2.7%
        2012$2,037 +41.1%$215,600 +4.8%
        2011$1,444 -9.4%$205,700 -7.3%
        2010$1,593 $221,800
        2009$1,593 -9%$221,800 +1.1%
        2008$1,751 +8%$219,400 +13.7%
        2007$1,621 +53.2%$193,000 +15%
        2006$1,058 -26%$167,800 +3.3%
        2004$1,430 +5.5%$162,500 +7.3%
        2003$1,355 +20.5%$151,500 +10%
        2002$1,125 -27.7%$137,700 +8.5%
        2001$1,556 +7.9%$126,900 +8.5%
        2000$1,442 $117,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 55731

        Getting around

        4 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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