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.
For sale
Price increase: $199.8K (5/7)
$200,000
4994 Big Lake Rd, Ely, MN 55731
2beds
400sqft
Single Family Residence
Built in 1950
7,840 Square Feet Lot
$-- Zestimate®
$500/sqft
$250/mo HOA
What's special
Deck overlooking the lake
- 54 days |
- 2,081 |
- 68 |
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#: 6124474
Tour with a local agent
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 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: $500/sqft
- Annual tax amount: $969
- Date on market: 4/13/2026
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Price change | $200,000+91224.2%$500/sqft |
Source: Range AOR #149752 Report a problem | ||
| 4/23/2026 | Price change | $219-99.9%$1/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7054464 Report a problem | ||
| 4/13/2026 | Listed for sale | $219,000+4.3%$548/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6124474 Report a problem | ||
| 11/7/2025 | Listing removed | $210,000$525/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119161 Report a problem | ||
| 9/19/2025 | Price change | $210,000-5.4%$525/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119161 Report a problem | ||
| 7/5/2025 | Price change | $222,000-4.3%$555/sqft |
Source: Range AOR #148286 Report a problem | ||
| 5/8/2025 | Listed for sale | $232,000+16%$580/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119161 Report a problem | ||
| 4/1/2022 | Sold | $200,000-8.7%$500/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6099681 Report a problem | ||
| 2/21/2022 | Pending sale | $219,000$548/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6099681 Report a problem | ||
| 9/15/2021 | Listed for sale | $219,000+19%$548/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6099681 Report a problem | ||
| 8/3/2013 | Listing removed | $184,000$460/sqft |
Source: Wildwoods Land Company #6000885 Report a problem | ||
| 5/11/2013 | Listed for sale | $184,000$460/sqft |
Source: Wildwoods Land Company #6000885 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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
Nearby schools
GreatSchools rating
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 22.9 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 26.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Saint Louis County
- Ely
- 55731
- 4994 Big Lake Rd
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