Listed at
$695,000
$593/sqft

Lahti Land First Add To

2734 Bear Island River Road, Ely, MN, 55731
2  Bedrooms2  Bathrooms1,172  Square Feet0.97  Acres
Days on market357
Year built1972
Garage spaces2
TypeResidential
Est. $17,850buyer credit when you buy with SODL
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About this home

Stop the scroll—this is the lake place you’ve been waiting for! With 266 feet of prime shoreline, this one-level 2+ bedroom, 2 bath cabin is perched perfectly for sweeping island views, southwest exposure, and jaw-dropping sunsets over Bear Island Lake. Inside, enjoy a bright, eat-in kitchen where you can watch the lake sparkle while you dine, plus comfortable bedrooms and two baths with plenty of room for everyone. The living is easy with everything on one level. Outside, you’ll find a 22x26 detached garage, shed for gear, and outdoor spaces that make lake living a dream. Imagine evenings on the shore, campfires with friends, and mornings where the only sound is the call of a loon. Lovingly held as a long-time family cabin, this retreat is now ready for new memories. Whether you’re looking for weekends of relaxation or a forever place by the water, this property delivers all the Up North vibes. Don’t miss this rare opportunity to claim your spot on Bear Island Lake!

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1972
LevelsOne
Living area1,172 sqft
Above-grade finished1,172 sqft
Below-grade finished0 sqft
Lot size0.97 acres (315.00 x 242.00)
Days on market357
ListedOct 6, 2025
MLS #NST6800026
CountySt. Louis
SubdivisionLahti Land First Add To
Parcel #625002600650

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
1 full / 1 1/4
Heating
Baseboard
Cooling
None
Appliances
Range, Refrigerator

Property

Levels / stories
One
Garage
2 spaces · 26 x 22 · 572 sqft
Parking features
Detached
Other structures
Storage Shed
Waterfront
Lake Front
Lot size
0.97 acres

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Wood Siding
Foundation
1,172 sqft
Roof
Asphalt
Year built
1972

Utilities

Water
Drilled
Sewer
Private Sewer
Electric
100 Amp Service

Community & HOA

Subdivision
Lahti Land First Add To
HOA
No HOA
School district
Ely

Financial & listing details

Annual tax
$5,839 (2025)
Tax with assessments
5924.0000
Listed
Oct 6, 2025
Days on market
357 · 1 cumulative

Interior details

Total bathrooms2
Full baths1
3/4 baths0
Half baths0
1/4 baths1
BasementNone
HeatingBaseboard
CoolingNone
Fireplaces1
AppliancesRange, Refrigerator
AccessibilityNone

Exterior & lot

RoofAsphalt
Foundation area1,172 sqft
ZoningResidential-Single Family

Utilities

Water sourceDrilled
SewerPrivate Sewer

Parking & garage

ParkingDetached
Garage spaces2
Garage size572 sqft

Financial details

Annual taxes$5,839
Tax year2025
Taxes w/ assessments5924.0000
Assessment pendingYes
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number696
District phone218-365-6166
High schoolEly
SODL flat fee brokerage
$17,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $17,850

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

$4,371/mo
Principal & interest$3,653
Property taxes$487
Home insurance (est.)$232
%
$139,000
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

2734 Bear Island River Road, Ely, MN, 55731

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Listing information

MLS #NST6800026
StatusActive
Last updatedOct 7, 2025, 10:05 AM
Originally listedOct 6, 2025, 4:56 PM
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.