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$450,000

518 Sparrow Ln Ely, MN 55731

1 bed
618 sqft
2.2 acres
$728 / sqft
House

Property details

About 518 Sparrow Ln

Classic 1930s Log Cabin on Fall Lake Step back in time and embrace the charm of this classic 1930s log cabin set on 2.23 acres with 300 feet of stunning Fall Lake shoreline. Enjoy your own beautiful sandy beach, perfect for swimming and relaxing by the water. Don't forget Fall Lake leads you into the BWCA. The cabin offers rustic character and is being sold fully furnished, ready for your immediate enjoyment. While there is currently no septic or well, these can be added to make this peaceful retreat even more comfortable. Additional features include a traditional sauna building and a handy storage shed. Looking to escape the hustle and bustle and reconnect with nature? This serene lakefront property is calling your name.

Highlights

Home typeSingle Family Residence
HeatingWall Furnace
StatusActive
(ACTIVE)
Size618 sqft
Lot size2.2 Acres
Year built1930
MLS #6120411
WaterfrontLake

Summary

  • Appliances: Range, Refrigerator
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: None
  • Waterfront: Lake
  • Architectural Style: Log
  • Heating: Wall Furnace
  • Cooling: None
  • List Price: $450,000
  • Price/SqFt: $728
  • Annual Tax Amount: $2,019
  • Tax Year: 2024
  • Directions: From Ely, E on Hwy 169, to Fernberg Road, turn left onto Romberg Shores, keep right past until you come to Sparrow LN slight left/forward to 518, no sign on property per request of seller.
  • Year Built: 1930
  • Stories: 1
  • Living Area: 618 SqFt
  • Lot Size: 2.2 Acres
  • MLS Number: 6120411
  • Office Name: Z' Up North Realty
  • Listing Agent: Julian Rasmusson

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: 7/4/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$312,000$2,019
2023$300,500$-
2022$278,000$-
2021$241,400$2,598
2020$231,800$2,598
2018$257,100$2,741
2017$268,200$2,518

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

5.9 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

18.6 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

26.0 mi

415 2nd St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,643. Most Ely, MN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

32%
<35k
48%
35k-100k
19%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
2%
Single, with Kids
50%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
10%
18-34 yrs old
51%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dollar GeneralDollar General
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ApplebeesApplebees
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 518 Sparrow Ln

The listing price of 518 Sparrow Ln property is $450,000.

The property 518 Sparrow Ln is a house located in Ely, Minnesota, 55731.

Active Listing: 518 Sparrow Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 518 Sparrow Ln 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 2024 is $2,019 (source: MLS/based on county public records data).

The property at 518 Sparrow Ln has 1 bedroom and 0 bathroom.

The property 518 Sparrow Ln is 618 SqFt (source: MLS/tax record).

The year of construction for 518 Sparrow Ln is 1930.

This home is located at 518 Sparrow Ln in Ely, MN and zip code 55731. This 618 square foot home, which was built in 1930, sits on a 2.20 acre lot. Features: 1 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $450,000.

Over 3 listings were sold over their listed price in June 2025 in Ely, MN. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Ely, MN between May and June 2025 increased by 16.7%. The median list price of listings available in June 2025 was $250,000, while the average time on the real estate market was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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