Experience the perfect blend of refined style and beauty in this efficient custom-built 2016 lakefront masterpiece-without the high lakefront taxes! Designed by a professional interior designer, this three-bedroom, four-bathroom home showcases high-end finishes and thoughtful details throughout. The main-floor primary suite is a true retreat, featuring his-and-hers closets, dual vanities, a spa-like walk-in shower, and a relaxing soaker tub. The open-concept living space flows seamlessly into the chef’s kitchen, boasting premium appliances such as an induction range and designer touches. Step outside onto the wrap-around composite deck and take in the serene lake views, or head down to the 32-foot dock and boathouse for a day on the water. The upper level offers a cozy second living area with a bar, perfect for entertaining or relaxing, plus access to a walkout deck with stunning lake views. A bonus room in the garage with a ¾ bath provides endless possibilities as an office, bedroom, or rec room. For ultimate convenience, the home features main-floor laundry, central air, and in-floor heating throughout, including the attached four-stall garage—plus an additional two-stall detached garage for extra storage and parking. Built for efficiency, this home boasts minimal utility costs, a durable metal roof, and high-performance systems. This is a rare opportunity to own a luxury lakefront estate on Ely Lake. Furnishings are negotiable for a move-in-ready experience. Schedule your private tour today!
Sold for $730,000
$730,000
7436 Ely Lake Dr, Eveleth, MN 55734
3beds
2,978sqft
Single Family Residence
Built in 2016
0.66 Acres Lot
$771,300 Zestimate®
$245/sqft
$3,134 Estimated rent
Home value
$771,300
$710,000 - $833,000
$3,134/mo
Zestimate® history
Owner options
List your home for rent
$3,134/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,134/mo
Rent Zestimate®
Refinance and save
$4,650/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,650/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Attached four-stall garageHigh-end finishesAdditional two-stall detached garageThoughtful detailsSerene lake viewsOpen-concept living spaceRelaxing soaker tub
Zillow last checked:
Listing updated:
Listed by:
Darcie Rae Novak 218-276-4087,
My Place Realty, Inc.
Bought with:
Nonmember NONMEMBER
Nonmember Office
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6118443
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
- Area: 294 Square Feet
- Dimensions: 14 x 21
Bedroom
- Level: Upper
- Area: 242 Square Feet
- Dimensions: 11 x 22
Bedroom
- Level: Upper
- Area: 324 Square Feet
- Dimensions: 12 x 27
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11 x 15
Family room
- Level: Upper
- Area: 340 Square Feet
- Dimensions: 17 x 20
Kitchen
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15 x 16
Laundry
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11 x 12
Living room
- Level: Main
- Area: 357 Square Feet
- Dimensions: 17 x 21
Office
- Level: Main
- Area: 286 Square Feet
- Dimensions: 13 x 22
Heating
- Boiler, Dual Fuel/Off Peak, Forced Air, Heat Pump, In Floor Heat, Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Water Heater-Gas, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Basement: N/A
- Number of fireplaces: 2
- Fireplace features: Multiple
Interior area
- Total interior livable area: 2,978 sqft
- Finished area above ground: 2,978
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Attached, Detached, Multiple, Heat, Insulation
- Attached garage spaces: 6
Features
- Patio & porch: Deck
- On waterfront: Yes
- Waterfront features: Inland Lake, Waterfront Access(Public), Shoreline Characteristics(Sand)
- Body of water: Ely
- Frontage length: 25
Lot
- Size: 0.66 Acres
- Dimensions: 187 x 150; 25 x 20
- Features: Accessible Shoreline
Details
- Foundation area: 1728
- Parcel number: 340004000730, 340004000833
- Zoning description: Residential
- Other equipment: Air to Air Exchange
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stone, Wood, Frame/Wood
- Roof: Metal
Condition
- Previously Owned
- Year built: 2016
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Public Sewer
- Water: Private, Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Eveleth
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $493,200
- Annual tax amount: $5,621
- Date on market: 4/1/2025
- Cumulative days on market: 36 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $730,000-2.5%$245/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6118443 Report a problem | ||
| 5/8/2025 | Listed for sale | $749,000$252/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6692434 Report a problem | ||
| 5/7/2025 | Contingent | $749,000$252/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118443 Report a problem | ||
| 4/1/2025 | Listed for sale | $749,000+733.1%$252/sqft |
Source: Range AOR #148089 Report a problem | ||
| 1/1/2014 | Listing removed | $89,900$30/sqft |
Source: Janisch Realty Report a problem | ||
| 11/1/2013 | Price change | $89,900-1.7%$30/sqft |
Source: Janisch Realty Report a problem | ||
| 9/19/2013 | Listed for sale | $91,500$31/sqft |
Source: Janisch Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,334 +22% | $493,200 +2.8% |
| 2023 | $4,372 +32.6% | $479,800 +26.6% |
| 2022 | $3,298 -11.6% | $379,000 +41.9% |
| 2021 | $3,732 | $267,100 +17% |
| 2020 | $3,732 | $228,200 |
| 2019 | $3,732 +65.9% | $228,200 +59.2% |
| 2018 | $2,250 -16.7% | $143,300 |
| 2017 | $2,700 +20% | $143,300 +224.9% |
| 2016 | $2,250 +121.9% | $44,100 +6.3% |
| 2015 | $1,014 +2.6% | $41,500 +2.5% |
| 2014 | $988 +6.1% | $40,500 |
| 2013 | $931 -1% | $40,500 -5.6% |
| 2012 | $941 +4.4% | $42,900 |
| 2011 | $901 +3.3% | $42,900 +8.1% |
| 2010 | $872 | $39,700 |
| 2009 | $872 -6.1% | $39,700 |
| 2008 | $929 -0.2% | $39,700 +6.4% |
| 2007 | $931 +4.5% | $37,300 +15.1% |
| 2006 | $891 +1.4% | $32,400 +32.2% |
| 2004 | $879 +3.1% | $24,500 +11.9% |
| 2003 | $853 +7% | $21,900 +10.1% |
| 2002 | $797 -1.9% | $19,900 +4.7% |
| 2001 | $812 +127.7% | $19,000 |
| 2000 | $357 | $19,000 |
Find assessor info on the county website
Neighborhood: 55734
Nearby homes
- $364,5004 bd2 ba1.5k sqft7430 Ely Lake Dr, Eveleth, MN 55734Off Market
- $28,700-- bd-- ba-- sqft7430 Ely Lake Dr, Eveleth, MN 55734Off Market
- $342,0004 bd2 ba2.4k sqft7424 Ely Lake Dr, Eveleth, MN 55734Sold
- $43,500-- bd-- ba-- sqft7425 Ely Lake Dr, Eveleth, MN 55734Off Market
- $299,3002 bd1 ba1.1k sqft7425 Ely Lake Dr, Eveleth, MN 55734Off Market
- $267,1002 bd1 ba882 sqft7450 Ely Lake Dr, Eveleth, MN 55734Off Market
- $312,3003 bd1 ba1.1k sqft7452 Ely Lake Dr, Eveleth, MN 55734Off Market
- $24,100-- bd-- ba-- sqft7452 Ely Lake Dr, Eveleth, MN 55734Off Market
Nearby schools
GreatSchools rating
- 9/10Laurentian ElementaryGrades: PK-6Distance: 3.2 mi
- 5/10VIRGINIA HIGH SCHOOLGrades: 7-12Distance: 3.4 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Minnesota
- Saint Louis County
- Eveleth
- 55734
- 7436 Ely Lake Dr
Nearby cities
Nearby zip codes
Other Eveleth Topics
