1920's log cabin on Fall Lake. 2.23 surveyed acres with 300 feet of shoreline. West facing point with natural sand beach. Sauna building and square log shed. 10 minutes from Ely on the Fernberg Trail road. New driveway from a well maintained, year round private road. Fall Lake is a boundary waters lake and property is a mile from entering BWCA. The log cabin is used as summer retreat but can support cooler weather because of its 60 amp electric service and composting toilet. The property will support new construction with a well and new septic system. All inquiries must be made thru the e-mail system.
For sale by owner
Price cut: $20K (7/7)
$429,000
518 Sparrow Ln, Ely, MN 55731
1beds
0baths
650sqft
SingleFamily
Built in 1925
2.4 Acres Lot
$-- Zestimate®
$660/sqft
$-- HOA
What's special
Composting toiletSauna buildingSquare log shed
What the owner loves about this home
Remote location, BWCA lake, fishing, swimming, canoeing, wildlife and a rustic environment.
- 146 days |
- 569 |
- 9 |
Listed by:
Property Owner (904) 495-1871
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- Other, Electric
Features
- Flooring: Softwood, Linoleum / Vinyl
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 650 sqft
Property
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 2.4 Acres
Details
- Parcel number: 28637316040
Construction
Type & style
- Home type: SingleFamily
Materials
- log
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Community & HOA
Location
- Region: Ely
Financial & listing details
- Price per square foot: $660/sqft
- Tax assessed value: $310,600
- Annual tax amount: $2,121
- Date on market: 2/18/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,437/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $429,000-4.5%$660/sqft |
Source: Owner Report a problem | ||
| 5/21/2026 | Price change | $449,000-8.2%$691/sqft |
Source: Owner Report a problem | ||
| 4/19/2026 | Listed for sale | $489,000+0.9%$752/sqft |
Source: Owner Report a problem | ||
| 4/3/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/6/2026 | Price change | $484,500+1.1%$745/sqft |
Source: Owner Report a problem | ||
| 2/18/2026 | Listed for sale | $479,000$737/sqft |
Source: Owner Report a problem | ||
| 12/2/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/22/2025 | Price change | $479,000+1.1%$737/sqft |
Source: Owner Report a problem | ||
| 11/12/2025 | Price change | $474,000+1.1%$729/sqft |
Source: Owner Report a problem | ||
| 11/2/2025 | Price change | $469,000+2.2%$722/sqft |
Source: Owner Report a problem | ||
| 10/2/2025 | Listed for sale | $459,000+2%$706/sqft |
Source: Owner Report a problem | ||
| 9/12/2025 | Listing removed | $450,000$692/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6746790 Report a problem | ||
| 6/30/2025 | Listed for sale | $450,000+12.5%$692/sqft |
Source: Range AOR #148627 Report a problem | ||
| 8/2/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/4/2024 | Listed for sale | $399,999-15.6%$615/sqft |
Source: Owner Report a problem | ||
| 8/18/2023 | Listing removed | -- |
Source: Range AOR #144049 Report a problem | ||
| 8/18/2022 | Listed for sale | $473,716-9.7%$729/sqft |
Source: Range AOR #144049 Report a problem | ||
| 8/1/2022 | Listing removed | -- |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6098432 Report a problem | ||
| 3/28/2022 | Listed for sale | $524,500$807/sqft |
Source: Range AOR #141916 Report a problem | ||
| 3/15/2022 | Pending sale | $524,500$807/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6098432 Report a problem | ||
| 3/15/2022 | Contingent | $524,500$807/sqft |
Source: Range AOR #141916 Report a problem | ||
| 7/17/2021 | Listed for sale | $524,500$807/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6098432 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,121 +5.1% | $310,600 -0.4% |
| 2024 | $2,019 -2% | $312,000 +3.8% |
| 2023 | $2,061 -6.9% | $300,500 +29.6% |
| 2022 | $2,214 +1.9% | $231,800 |
| 2021 | $2,172 -1.3% | $231,800 |
| 2020 | $2,201 -19.7% | $231,800 -9.8% |
| 2018 | $2,742 +8.9% | $257,100 -4.1% |
| 2017 | $2,518 +0.2% | $268,200 +6.6% |
| 2016 | $2,514 -0.1% | $251,700 -0.2% |
| 2015 | $2,517 | $252,100 |
| 2014 | $2,517 -24.3% | -- |
| 2013 | $3,325 -1.4% | -- |
| 2012 | $3,372 | -- |
| 2011 | -- | -- |
| 2010 | $3,328 | -- |
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.Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
Schools provided by the listing agent
- District: Ely #696
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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