North of Ely on the scenic Echo Trail is this gem of a lot. 4.39 acres of wooded forest near Big Lake. The property is elevated and has large rock outcroppings covered with some large pine, birch and maple. Western sunset views over state land while also adjoining federal land to the north. A short driveway leads to a small 12 x 12 bunk/shed which is insulated, heated and wired for generator. This location makes this an ideal spot to explore the nearby lakes and BWCA entry points and the setting has a very peaceful “grab your favorite book” feeling to it.
Lot/land
$62,500
5049 Big Lake Rd, Ely, MN 55731
--beds
--baths
4.39Acres
Unimproved Land
Built in ----
4.39 Acres Lot
$-- Zestimate®
$--/sqft
$17/mo HOA
What's special
Large rock outcroppings
- 6 days |
- 496 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Chris Eilrich 218-343-6169,
Wildwoods Land Company
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6125723
Facts & features
Property
Parking
- Parking features: Off Street
- Has uncovered spaces: Yes
Lot
- Size: 4.39 Acres
- Dimensions: 300 x 600
- Features: Tree Coverage - Heavy, High, BWCA Access
Details
- Parcel number: 629003000010
Utilities & green energy
- Electric: None
- Utilities for property: None
Community & HOA
HOA
- Has HOA: Yes
- Services included: Other
- HOA fee: $200 annually
Location
- Region: Ely
Financial & listing details
- Tax assessed value: $40,200
- Annual tax amount: $391
- Date on market: 6/1/2026
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | $62,500+33% |
Source: | ||
| 8/25/2023 | Sold | $47,000-13% |
Source: | ||
| 8/2/2023 | Pending sale | $54,000 |
Source: | ||
| 7/31/2023 | Listed for sale | $54,000-15.6% |
Source: | ||
| 7/27/2023 | Contingent | $64,000 |
Source: | ||
| 5/31/2023 | Price change | $64,000-23.8% |
Source: | ||
| 5/19/2023 | Listed for sale | $84,000+130.1% |
Source: | ||
| 9/30/2014 | Sold | $36,500-14.1% |
Source: | ||
| 10/23/2008 | Sold | $42,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $424 +14% | $40,200 +10.4% |
| 2023 | $372 -0.5% | $36,400 +5.2% |
| 2022 | $374 -12.6% | $34,600 +11.6% |
| 2021 | $428 | $31,000 -1% |
| 2020 | $428 | $31,300 |
| 2019 | $428 +2.4% | $31,300 |
| 2018 | $418 +1.5% | $31,300 |
| 2017 | $412 -1.4% | $31,300 |
| 2016 | $418 +10% | $31,300 -10.8% |
| 2015 | $380 -10% | $35,100 |
| 2014 | $422 -0.2% | $35,100 |
| 2013 | $423 +7.2% | $35,100 |
| 2012 | $395 +29.2% | $35,100 +5.4% |
| 2011 | $305 +19.5% | $33,300 +16.8% |
| 2010 | $256 | $28,500 |
| 2009 | $256 +50.7% | $28,500 +32.6% |
| 2008 | $170 +9.3% | $21,500 +18.8% |
| 2007 | $155 +49.2% | $18,100 +54.7% |
| 2006 | $104 | $11,700 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 23.1 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 26.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Saint Louis County
- Ely
- 55731
- 5049 Big Lake Rd





