Listed at
$550,000
$261/sqft

12957 W Ridge Road

12957 W Ridge Road, Ely, MN, 55731
4  Bedrooms3  Bathrooms2,111  Square Feet4.2  Acres
Days on market181
Year built2001
Garage spaces2
TypeResidential
Est. $13,500buyer credit when you buy with SODL
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About this home

Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. Priced below appraisal value. Set on 4 private, wooded acres just outside Ely. This finished log home is a rare combination of year-round comfort and true multi-purpose space — the kind of property that's hard to find and even harder to replace. The main log home offers a private primary suite plus a loft for additional sleeping space, warm-tile floors in the kitchen and bath, and the timeless character only a real log home delivers. But the real story here is everything around it: a heated two-car garage with two separate workshops — ideal for woodworking, mechanics, fabrication, or serious hobbyists —topped by a fully finished upper level with three additional bedrooms and a half bath. Altogether, this property offers flexible living and sleeping space for extended family, guests, or multi-generational living, all while keeping the main home private and quiet. Whether you need serious workshop space, room for a growing or visiting family, or simply want elbow room and privacy just minutes from Ely's lakes, trails, and the Boundary Waters, this property delivers.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2001
LevelsOne and One Half
Living area2,111 sqft
Above-grade finished1,261 sqft
Below-grade finished850 sqft
Lot size4.2 acres (350x550)
Days on market181
ListedApr 1, 2026
MLS #NST7044811
CountyLake
Parcel #28622601090

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
1 full / 1 3/4 / 1 half
Heating
Boiler, Dual Fuel/Off Peak, Forced Air, In-Floor Heating, Wood Stove
Cooling
None
Appliances
Central Vacuum, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned

Property

Levels / stories
One and One Half
Garage
2 spaces · 30x40 · 1,200 sqft
Carport
2
Parking features
Carport, Detached Garage, Gravel, Heated Garage
Patio & porch
Covered, Deck, Enclosed, Patio, Screened
Exterior features
Log

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Log
Foundation
Concrete Perimeter · 975 sqft
Roof
Age Over 8 Years, Asphalt, Metal
Year built
2001

Utilities

Water
Drilled, Private
Sewer
Private Sewer
Fuel
Electric, Propane, Wood
Electric
100 Amp Service, 200+ Amp Service

Community & HOA

HOA
No HOA
School district
381 - Lake Superior
High school district
Lake Superior

Financial & listing details

Annual tax
$3,043 (2026)
Tax with assessments
3128
Listed
Apr 1, 2026
Days on market
181 · 217 cumulative
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementFinished, Concrete, Sump Pump, Walkout
HeatingBoiler, Dual Fuel/Off Peak, Forced Air, In-Floor Heating, Wood Stove
CoolingNone
Fireplaces2
LaundryLower Level, Sink
AppliancesCentral Vacuum, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
DiningLiving/Dining Room
AccessibilityNone

Exterior & lot

ExteriorLog
RoofAge Over 8 Years, Asphalt, Metal
FoundationConcrete Perimeter
Foundation area975 sqft
Patio/porchCovered, Deck, Enclosed, Patio, Screened
Lot featuresTree Coverage - Heavy
Road frontageTownship
Road responsibilityPrivate Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceDrilled, Private
SewerPrivate Sewer
FuelElectric, Propane, Wood

Parking & garage

ParkingCarport, Detached Garage, Gravel, Heated Garage
Garage spaces2
Garage size1,200 sqft

Financial details

Annual taxes$3,043
Tax year2026
Taxes w/ assessments3128
Assessment pendingYes
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District381 - Lake Superior
District number381
District phone2188348216
High schoolLake Superior
SODL flat fee brokerage
$13,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $13,500

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,327/mo
Principal & interest$2,890
Property taxes$254
Home insurance (est.)$183
%
$110,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

12957 W Ridge Road, Ely, MN, 55731

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Listing information

MLS #NST7044811
StatusActive
Last updatedSep 19, 2026, 4:51 PM
Originally listedApr 1, 2026, 8:01 AM
Listing officeZ'Up North Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.