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Listings courtesy of Z'Up North Realty, Inc. as distributed by MLS GRID.

Active - House for sale

Ely, MN

2 bds|1 bth|1,172 sqft

Facts & features

House Property type
156 days on Beycome
1972 Year built
$511 Price/Sqft.
2 car garage Parking

Why you’ll love it

  • Garage

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!

Translating description...

Listed by: Z'Up North Realty, Inc.

Co-listed by: Z'Up North Realty, Inc.

Source: Northstar MLS as distributed by MLS GRID, MLS#: 7046331 Northstar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 01:00am EDT.

Come see by yourself

Affordability

$390,000$810,000
1%20%
0%90%
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Estimated monthly payment

$3,426/mo

  • Mortgage$3,029
  • Property tax$397
  • HOA fee
  • Homeowners insurance
Due at closing$476,205
Down payment held in escrow$119,800
Closing costs$8,985
beycome credit Est.$11,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. 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.

$599,000 Listed price

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$11,980 Credit back

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