4089 First Lake Rd Ely, MN 55731
Property details
About 4089 First Lake Rd
This Echo Trail beauty in Ely, Mn is an opportunity to find solace at this 18 acre off grid nature wonderland with a beautiful year round home/cabin. There is a new septic system, drilled well with crystal clear drinking water & 2 independent solar systems providing the ultimate wilderness experience. The 1080 sq. ft open floor plan features the living, dining area, kitchen, and ¾ bath/laundry. The loft bedroom has beautiful sunset views. South facing deck and a 3 season porch. The large windows on the main level provide breathtaking views of the surrounding beautifully wooded property from every window. Native pine, oak and maple growing out of the expansive pink granite ledge rock provide a perfect canopy for the abundance of wildflowers, blueberries, June berries and two apple trees. A 30 X 40 insulated garage provides plenty of storage for your vehicles and toys. With Federal and State land on 3 sides and the BWCA just a mile away, this property has the perfect blend of privacy and accessibility you have been looking for.
Highlights
(ACTIVE)
Summary
- Appliances: Dryer, Range, Refrigerator, Washer
- Interior: Ceiling Fans, Hardwood Floors, Vaulted Ceilings, Main Floor Laundry
- Fireplace: Free Standing
- Total Bedroom Count: 1
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Detached
- View: Panoramic
- Exterior: Deck
- Architectural Style: Rustic Cabin
- Heating: Wood, Propane, Solar
- Cooling: None, Ceiling Fan(s)
- List Price: $475,000
- Price/SqFt: $439
- Annual Tax Amount: $1,358
- Tax Year: 2022
- Lot: Many Trees, Rolling/Hilly
- Directions: East from Ely on Hwy 169. Left on Grant McMahan, follow to Echo Trail. Follow Echo Trail to Fire# 4089
- Year Built: 2009
- Stories: 1
- Living Area: 1,080 SqFt
- Lot Size: 18 Acres
- MLS Number: 6119899
- Office Name: Ely Realty
- Listing Agent: Janet Erchul
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/15/2025, 3:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
4089 First Lake Rd
$5,641
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $153,900 | $1,358 |
| 2021 | $137,400 | $1,316 |
| 2020 | $141,000 | $1,392 |
| 2019 | $101,299 | $1,096 |
| 2017 | $111,300 | $1,322 |
History based on county public records data.
Nearby schools
7
Washington Elementary School
Public District PK-5
8.7 mi
•600 E Harvey St
4
Babbit Elementary School
Public District PK-6
21.4 mi
•30 South Dr
2
Tower-Soudan Elementary School
Public District PK-6
21.6 mi
•415 2nd St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,298. The most common annual income of people living in Ely, MN is between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Bass Pro Shops
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Hardee's
Applebees
What do the neighbors drive?
Cadillac
GMC
Ram
What do the neighbors listen to?
News/Talk/Information
Classic Country
Oldies
Frequently asked questions
About 4089 First Lake Rd
The listing price of 4089 First Lake Rd property is $475,000.
The property 4089 First Lake Rd is a house located in Ely, Minnesota, 55731.
Active Listing: 4089 First Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4089 First Lake Rd are: Washington Elementary School (GreatSchools Rating 7/10), Babbit Elementary School (GreatSchools Rating 4/10), Tower-Soudan Elementary School (GreatSchools Rating 2/10), Memorial Middle School (GreatSchools Rating 4/10), Memorial High School (GreatSchools Rating 8/10), Northeast Range Secondary School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2022 is $1,358 (source: MLS/based on county public records data).
The property at 4089 First Lake Rd has 1 bedroom and 1 bathroom.
The property 4089 First Lake Rd is 1,080 SqFt (source: MLS/tax record).
The year of construction for 4089 First Lake Rd is 2009.
This home is located at 4089 First Lake Rd in Ely, MN and zip code 55731. This 1,080 square foot home, which was built in 2009, sits on a 18.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $475,000.
Ely, MN housing market in May 2025 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 9 sold below. The inventory of homes for sale in Ely, MN between April and May 2025 increased by 19.3%. While the average time on the market in May 2025 was 80 days, the median list price was $235,000.