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For sale
  • $389,000

    4304 Mud Creek Rd, Ely, MN 55731

    2beds
    1,450sqft
    : 
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    Single Family Residence
    Built in 2024
    40 Acres Lot
    $375,000 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    Utility shedWood shedLarge screened in porchBuilt with sip panelsHose with hot waterGarden areasPost and beam construction
    Off grid living at its finest! Large 2 bedroom home on 40 private acres located aprox 3.3 miles up county maintained Mud Creek Road from Highway 169, about half way between Ely and Tower. Great location with state lands on 2 sides and just a stones throw from the Mud Creek public access where a boat or canoe can be launched to access Mud Lake, and great fishing! There are views of Mud Creek from the home. The land is high with rolling hills and gorgeous tree cover. The home is almost new, year-around, highly efficient, and built with SIP panels and has aprox 1450 feet of living space that is very well built and immaculately done! The main floor features post and beam construction with birch tongue and groove walls, and pigment dyed concrete floors with in-floor heat and houses the gorgeous kitchen, dining area, living room, the full bath, a bedroom, storage room, and utility room. Up a few stairs takes you to the large main bedroom. There is also a stairway to the huge 22 x 20 loft with gorgeous basswood vaulted ceilings that serves as an office, work out area, storage, and many other uses. The home is heated with propane and powered by solar panels located on the hill top with great access to the sun. There is a back up generator so power is never an issue. The home has maintenance free metal roofing and siding to help your peace of mind during fire season. Home has a high flow drilled well, on-demand hot water, and a new 2 BR mound septic system. Other features include a large screened in porch, 22x28 insulated industrial garage, 22x27 carport, wood shed, utility shed, hose with hot water, and a 45' Starlink tower for reliable high speed internet. Home has a wood stove for pleasant back up heat and ambience. Home is turnkey, very efficient, and ready for year around living...or use it as your "up north" recreation headquarters! Wildlife galore with all the northwoods species regularly seen. Other features are garden areas, a nearby gravel pit, nice trails and old roads for hiking, biking, trail running, dogsledding, etc. Also close proximity to ATV and snowmobile trails, and Lake Vermilion! This property is very awesome, and meticulously built and cared for! You will love it!
    19 days
    |
    1,082
    |
    67
    |

    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

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6125838MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: 3 Season Porch, Loft
      Primary bedroom
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13 x 15
      Bedroom
      • Level: Main
      • Area: 52.5 Square Feet
      • Dimensions: 7 x 7.5
      Bathroom
      • Level: Main
      • Area: 37.5 Square Feet
      • Dimensions: 5 x 7.5
      Kitchen
      • Description: Combined with dining room
      • Level: Main
      • Area: 230 Square Feet
      • Dimensions: 11.5 x 20
      Living room
      • Level: Main
      • Area: 165.75 Square Feet
      • Dimensions: 8.5 x 19.5
      Loft
      • Level: Second
      • Area: 450 Square Feet
      • Dimensions: 20 x 22.5
      Storage
      • Level: Main
      • Area: 52.5 Square Feet
      • Dimensions: 7 x 7.5
      Storage
      • Level: Upper
      • Area: 42 Square Feet
      • Dimensions: 6 x 7
      Other
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 5.5 x 24
      Utility room
      • Level: Main
      • Area: 15 Square Feet
      • Dimensions: 3 x 5
      Heating
      • In Floor Heat, Hot Water, Wood
      Cooling
      • None
      Appliances
      • Included: Water Heater-Tankless
      Features
      • Natural Woodwork, Vaulted Ceilings, Beamed Ceilings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Free Standing
      Interior area
      • Total interior livable area: 1,450 sqft
      • Finished area above ground: 1,450
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, Detached, Electrical Service, Insulation
      • Garage spaces: 2
      Features
      • Fencing: Electric
      • Has view: Yes
      • View description: River, Panoramic
      • Has water view: Yes
      • Water view: River
      Lot
      • Size: 40 Acres
      • Dimensions: 1320 x 1320
      • Features: Tree Coverage - Heavy, High, Rolling Slope
      Details
      • Additional structures: Storage Shed, Other
      • Parcel number: 370001001300
      • Zoning description: Forestry

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Steel Siding, Frame/Wood
      • Roof: Metal
      Condition
      • Previously Owned
      • Year built: 2024

      Utilities & green energy

      • Electric: None
      • Sewer: Private Sewer, Mound Septic
      • Water: Drilled
      • Utilities for property: Satellite

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $268/sqft
      • Tax assessed value: $122,500
      • Annual tax amount: $1,247
      • Date on market: 6/4/2026
      • Cumulative days on market: 21 days
      • Listing terms: Cash,Conventional
      • Road surface type: Unimproved

        Estimated market value

        $375,000

        $356,000 - $394,000

        $2,147/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$389,000+548.3%$268/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6125838 Report a problem
        10/19/2010Sold$60,000+166.7%$41/sqft
        Source: Public Record Report a problem
        11/2/2001Sold$22,500$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$640 +0.9%$122,500
        2023$634 -9.4%$122,500 +3.5%
        2022$700 +26.8%$118,400 +6.2%
        2021$552 $111,500 +13.5%
        2020$552 $98,200
        2019$552 +65.3%$98,200 +40.3%
        2018$334 +3.7%$70,000
        2017$322 -3.6%$70,000 -1%
        2016$334 +20.1%$70,700 +34.7%
        2015$278 +2.2%$52,500
        2014$272 -10.5%$52,500
        2013$304 -52.2%$52,500 -29.1%
        2008$636 +14.5%$74,000 +24.6%
        2007$555 +24%$59,400 +32.9%
        2006$448 +32%$44,700 +65.6%
        2004$339 +7.8%$27,000 +18.4%
        2003$315 +5.6%$22,800 +10.1%
        2002$298 $20,700

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          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

          0 / 100
          Car-Dependent
          13 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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