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For sale
  • $219,000

    4994 Big Lake Rd, Ely, MN 55731

    2beds
    400sqft
    : 
    Single Family Residence
    Built in 1950
    7,840.8 Square Feet Lot
    $-- Zestimate®
    $548/sqft
    $250/mo HOA

    What's special

    Deck overlooking the lake
    Cabin in the wilderness on Big Lake in Ely. Big Lake Wilderness Retreat CIC. Investment Opportunity. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a ¾ bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft. Excellent fishing. For your private use and enjoyment and also allows for rentals. Rentals managed by an on-site well established management company. General maintenance taken care of as part of the income split. Includes a newer pontoon boat for you and renters to use. The cabin is completely furnished and well cared for.
    6 days
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    1,853
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    56
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    Zillow last checked:

    Listing updated:

    Listed by:

    Janet Erchul 218-365-2100,

    Ely Realty

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124474MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bedrooms: 1
      Bedroom
      • Level: Main
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Bedroom
      • Level: Main
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Bathroom
      • Level: Main
      • Area: 40 Square Feet
      • Dimensions: 5 x 8
      Living room
      • Description: Includes kitchen and dining area
      • Level: Main
      • Area: 165 Square Feet
      • Dimensions: 15 x 11
      Heating
      • Wall Unit(s), Propane
      Cooling
      • None
      Appliances
      • Included: Microwave, Range, Refrigerator
      Features
      • Natural Woodwork
      • Windows: Vinyl Windows
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 400 sqft
      • Finished area above ground: 400
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street, None
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Inland Lake, Panoramic
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Elevation-Medium)
      • Body of water: Big Lake
      • Frontage length: 1500
      Lot
      • Size: 7,840.8 Square Feet
      • Dimensions: 110 x 75
      • Features: Accessible Shoreline, Tree Coverage - Medium
      Details
      • Foundation area: 396
      • Parcel number: 629003200050
      • Zoning description: Residential-Rec Business

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Rustic
      • Property subtype: Single Family Residence
      Materials
      • Wood, Frame/Wood
      • Roof: Metal
      Condition
      • Previously Owned
      • Year built: 1950

      Utilities & green energy

      • Electric: Other
      • Sewer: Private Sewer, Shared Septic
      • Water: Private, Shared

      Community & HOA

      HOA
      • Has HOA: Yes
      • Services included: Insurance
      • HOA fee: $3,000 annually
      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $548/sqft
      • Annual tax amount: $969
      • Date on market: 4/13/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/13/2026Listed for sale$219,000+4.3%$548/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6124474 Report a problem
        11/7/2025Listing removed$210,000$525/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6119161 Report a problem
        9/19/2025Price change$210,000-5.4%$525/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6119161 Report a problem
        7/5/2025Price change$222,000-4.3%$555/sqft
        Source: Range AOR #148286 Report a problem
        5/8/2025Listed for sale$232,000+16%$580/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6119161 Report a problem
        4/1/2022Sold$200,000-8.7%$500/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6099681 Report a problem
        2/21/2022Pending sale$219,000$548/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6099681 Report a problem
        9/15/2021Listed for sale$219,000+19%$548/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #6099681 Report a problem
        8/3/2013Listing removed$184,000$460/sqft
        Source: Wildwoods Land Company #6000885 Report a problem
        5/11/2013Listed for sale$184,000$460/sqft
        Source: Wildwoods Land Company #6000885 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment
        $1,574/mo
        Principal & interest
        $1129
        HOA Fees
        $250
        Property taxes
        $195
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          Climate risks

          Neighborhood: 55731

          Getting around

          0 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

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