Showings begin 2pm Mon, 9/16. No showings Fri & Sat 9/20 & 21.
This is everything you can dream of in a perfect year-round lake home. Located on popular Ely Lake in Eveleth/Fayal Township, this stunning mid-century modern home was custom designed by architect Michael McGuire for the one family that’s homesteaded here it’s entire life. It is brilliantly sited on the lake’s most tranquil bay with a gradual 2.1 acre lot offering complete privacy and 253ft of crystal clear shoreline. Its Western exposure showcases amazing lake and sunset views. The landscaping features a beautiful heritage flower garden, many perennial plantings, and decorative trees — all framed by gorgeous mature White Pines. No need to walk stairs to get to shore as the home is just steps from (and level to) the water’s edge. You will enjoy incredible swimming, fishing, boating, snowmobiling, saunaing, and relaxing in this peaceful retreat.
Interior features include a wall of lake-facing sliding glass doors, 4 large bedrooms, a bathroom on each floor, 2-sided wood burning fireplace, custom Birch doors and frames throughout, and tasteful rough-cut Cedar accents. Also included is a 3-car garage w/metal roof, dock, large sauna with changing room, large lake-facing screened porch, asphalt drive, and city sewer & gas. The home was re-roofed in 2021 and a new well was installed in 2011.
It is located 2.75 hours from the Twin Cites with convenient access (10-20 minutes) to charming downtown Eveleth, Gilbert, Virginia & Giants Ridge.
Ely Lake is spring-fed and known for its size, depth, water clarity, quality fish stock, and lack of weeds. The island at the center of the lake (just a 10 minute canoe paddle) is an amazing secret getaway — you’ll feel like you’ve been magically transported to the pristine beauty of the Boundary Waters.
Owner is a licensed MN Real Estate Agent.
Closed
$575,000
7273 Ely Lake Dr, Eveleth, MN 55734
4beds
2,144sqft
Single Family Residence
Built in 1966
2.1 Acres Lot
$581,700 Zestimate®
$268/sqft
$2,112 Estimated rent
Home value
$581,700
$529,000 - $640,000
$2,112/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Amy Sperling 651-253-2525,
Verve Realty,
Scott Parkin 612-310-8247
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6596666
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 14 x 15
Bedroom 2
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 9 x 16
Bedroom 3
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 14 x 15
Bedroom 4
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 10 x 16
Deck
- Level: Upper
- Area: 96 Square Feet
- Dimensions: 3 x 32
Kitchen
- Level: Main
- Area: 357 Square Feet
- Dimensions: 17 x 21
Living room
- Level: Main
- Area: 448 Square Feet
- Dimensions: 14 x 32
Mud room
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9 x 11
Patio
- Level: Main
- Area: 325 Square Feet
- Dimensions: 13 x 25
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Main Level
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Double Sided, Wood Burning
Interior area
- Total structure area: 2,144
- Total interior livable area: 2,144 sqft
- Finished area above ground: 2,144
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
- Details: Garage Dimensions (22 x 36), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Screened
- Has view: Yes
- View description: Bay, Lake, Panoramic, West
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View, Lake Bottom(Hard)
- Frontage length: Water Frontage: 253
Lot
- Size: 2.1 Acres
- Dimensions: 229 x 333 x 266 x 396
- Features: Tree Coverage - Heavy
Details
- Foundation area: 1024
- Parcel number: 340007000060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Electric: 100 Amp Service, Power Company: Lake Country Power
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
Community
- Subdivision: Ely Lake Cottage Sites
HOA
- Has HOA: No
Location
- Region: Eveleth
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $361,200
- Annual tax amount: $3,910
- Date on market: 9/13/2024
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $575,000+1.8%$268/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6596666 Report a problem | ||
| 9/23/2024 | Pending sale | $565,000$264/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6596666 Report a problem | ||
| 9/16/2024 | Listed for sale | $565,000$264/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6596666 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,910 -5.4% | $361,200 |
| 2023 | $4,132 +19.2% | $361,200 |
| 2022 | $3,466 -0.5% | $361,200 +29.6% |
| 2021 | $3,484 | $278,700 +10.6% |
| 2020 | $3,484 | $252,100 |
| 2019 | $3,484 +14.8% | $252,100 +1.2% |
| 2018 | $3,036 -1.7% | $249,200 |
| 2017 | $3,090 +1.8% | $249,200 +13.9% |
| 2016 | $3,036 +5.2% | $218,700 +1% |
| 2015 | $2,886 -3.5% | $216,600 |
| 2014 | $2,992 +1% | $216,600 |
| 2013 | $2,961 -0.5% | $216,600 -3.8% |
| 2012 | $2,975 +13.9% | $225,200 -3.5% |
| 2011 | $2,611 -9.5% | $233,300 -9.2% |
| 2010 | $2,885 | $257,000 |
| 2009 | $2,885 -3.6% | $257,000 |
| 2008 | $2,993 +4.4% | $257,000 +9.6% |
| 2007 | $2,868 +11.8% | $234,500 +15% |
| 2006 | $2,564 +12.8% | $203,900 +32.2% |
| 2004 | $2,274 +5.9% | $154,200 +12% |
| 2003 | $2,147 +20.2% | $137,700 +10% |
| 2002 | $1,786 -4.4% | $125,200 +8.5% |
| 2001 | $1,869 +30.1% | $115,400 |
| 2000 | $1,437 | $115,400 |
Find assessor info on the county website
Neighborhood: 55734
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Nearby schools
GreatSchools rating
- 9/10Laurentian ElementaryGrades: PK-6Distance: 3.2 mi
- 5/10VIRGINIA HIGH SCHOOLGrades: 7-12Distance: 3.5 mi
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- Minnesota
- Saint Louis County
- Eveleth
- 55734
- 7273 Ely Lake Dr
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