For sale

$222,500

4996 Big Lake Rd, Ely, MN 55731-4994

2beds

400sqft

$1,756/mo

Get pre-qualified

Single Family Residence

Built in 1950

7,840 Square Feet Lot

$-- Zestimate^®

$556/sqft

$250/mo HOA

What's special

Deck overlooking the lake

Big Lake Common Interest Community, investment property. 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 requires rentals. Owner can use for 2 specific dates of their choice. 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.

123 days

560

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Lower
Area: 64 Square Feet
Dimensions: 8 x 8

Bedroom

Level: Main
Area: 64 Square Feet
Dimensions: 8 x 8

Bathroom

Description: 3/4 Bath
Level: Main
Area: 40 Square Feet
Dimensions: 8 x 5

Living room

Description: Kitchen, living and dining area
Level: Main
Area: 36 Square Feet
Dimensions: 6 x 6

Heating

Propane

Cooling

None

Appliances

Included: Water Heater-Gas, Microwave, Range, Refrigerator

Features

Natural Woodwork
Windows: Vinyl Windows
Basement: N/A
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: None

Features

Patio & porch: Deck
Exterior features: Dock
Has view: Yes
View description: Inland Lake, Panoramic
Has water view: Yes
Water view: Lake
Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, 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: 629003200040
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: Shared Septic
Water: Shared

Community & HOA

HOA

Has HOA: Yes
Services included: Dock Maintenance, Shared Amenities
HOA fee: $3,000 annually

Location

Region: Ely

Financial & listing details

Price per square foot: $556/sqft
Annual tax amount: $947
Date on market: 4/17/2026
Cumulative days on market: 124 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/7/2026	Price change	$222,500+1.6%$556/sqft
Source: Range AOR #149778 Report a problem
4/17/2026	Listed for sale	$219,000+6.8%$548/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124548 Report a problem
11/7/2025	Listing removed	$205,000$513/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119179 Report a problem
9/19/2025	Price change	$205,000-7.7%$513/sqft
Source: Range AOR #148282 Report a problem
7/5/2025	Price change	$222,000-4.3%$555/sqft
Source: Range AOR #148282 Report a problem
5/8/2025	Listed for sale	$232,000+16%$580/sqft
Source: Range AOR #148282 Report a problem
4/1/2022	Sold	$200,000-8.7%$500/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6099682 Report a problem
2/21/2022	Pending sale	$219,000+10.6%$548/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6099682 Report a problem
12/12/2012	Listing removed	$198,000$495/sqft
Source: Wildwoods Land Company #30140 Report a problem
3/6/2012	Listed for sale	$198,000$495/sqft
Source: Wildwoods Land Company #30140 Report a problem