$4,263 Closing Credit¹
#6717895, Listing office: Beycome Brokerage Realty LLC
$749,000 List price
7436 Ely Lake Dr Eveleth, MN 55734
$8,894
Closing credit¹
3 beds
1 full, 1 partial
2,978 sqft
$252 / sqft
House
Property details
About 7436 Ely Lake Dr
Experience the perfect blend of refined style and beauty in this efficient custom-built 2016 lakefront masterpiece-without the high lakefront taxes! Designed by a professional interior designer, this three-bedroom, four-bathroom home showcases high-end finishes and thoughtful details throughout. The main-floor primary suite is a true retreat, featuring his-and-hers closets, dual vanities, a spa-like walk-in shower, and a relaxing soaker tub. The open-concept living space flows seamlessly into the chef’s kitchen, boasting premium appliances such as an induction range and designer touches. Step outside onto the wrap-around composite deck and take in the serene lake views, or head down to the 32-foot dock and boathouse for a day on the water. The upper level offers a cozy second living area with a bar, perfect for entertaining or relaxing, plus access to a walkout deck with stunning lake views. A bonus room in the garage with a ¾ bath provides endless possibilities as an office, bedroom, or rec room. For ultimate convenience, the home features main-floor laundry, central air, and in-floor heating throughout, including the attached four-stall garage—plus an additional two-stall detached garage for extra storage and parking. Built for efficiency, this home boasts minimal utility costs, a durable metal roof, and high-performance systems. This is a rare opportunity to own a luxury lakefront estate on Ely Lake. Furnishings are negotiable for a move-in-ready experience. Schedule your private tour today!
Highlights
Home typeSingle Family Residence
HeatingSteam, Dual System, Forced Air, Heat Pump, Radiant Floor
StatusSale Pending
(Active)
(Active)
CoolingCentral Air
Size2,978 sqft
Year built2016
ParkingAttached Garage, Detached, Heated Garage, Insulated Garage, Multiple Garages
MLS #6692434
Attached garage6 spaces
WaterfrontDock, Lake Front, Lake
FireplaceElectric, Gas, Living Room, Primary Bedroom
ViewLake, Panoramic, Other
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Basement: No
- Fireplace: Electric, Gas, Living Room, Primary Bedroom
- Total Bedroom Count: 3
- Garage Space: 6 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Detached, Heated Garage, Insulated Garage, Multiple Garages
- Waterfront: Dock, Lake Front, Lake
- View: Lake, Panoramic, Other
- Heating: Steam, Dual System, Forced Air, Heat Pump, Radiant Floor
- Cooling: Central Air
- List Price: $749,000
- Price/SqFt: $251
- HOA Amount: $0
- Lot: Accessible Shoreline
- Directions: Heading S on Hwy 53, turn L onto Miller trunk Roadfor 1.3 mi; Turn L into Ely Lake Dr. for 1.7mi; destination on right
- Year Built: 2016
- Living Area: 2,978 SqFt
- MLS Number: 6692434
- MLS Name: NORTHSTAR
- Office Name: My Place Realty, Inc.
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$749,000
7436 Ely Lake Dr
$8,894
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 28, 2014 | Home Sold | $85,000 |
| Oct 01, 2010 | Home Sold | $85,000 |
| Oct 01, 2010 | Home Sold | $85,000 |
| Aug 31, 2009 | Home Sold | $85,000 |
| Aug 31, 2009 | Home Sold | $85,000 |
Tax history
We're sorry, we currently don't have tax history data for this listing.
History based on county public records data.
Nearby schools
4
North Star Elementary School
Public District 3-6
6.1 mi
•411 S 5th Ave
8
Merritt Elementary School
Public District PK-6
7.6 mi
•8659 Unity Dr
4
Cherry Elementary School
Public District PK-6
11.4 mi
•3943 Tamminen Rd
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 $61,648. Typical income of Eveleth, MN residents is between $35k-100k annually. The most common type of family is 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?
27%
<35k
56%
35k-100k
15%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
30%
Single, No Kids
6%
Single, with Kids
44%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
9%
12-17 yrs old
12%
18-34 yrs old
57%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 7436 Ely Lake Dr
The listing price of 7436 Ely Lake Dr property is $749,000.
The property 7436 Ely Lake Dr is a house located in Eveleth, Minnesota, 55734.
Sale Pending: 7436 Ely Lake Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 7436 Ely Lake Dr are: North Star Elementary School (GreatSchools Rating 4/10), Merritt Elementary School (GreatSchools Rating 8/10), Cherry Elementary School (GreatSchools Rating 4/10), Chisholm Elementary School (GreatSchools Rating 4/10), Eveleth-Gilbert Senior High School (GreatSchools Rating 5/10), East Range Academy of Tech-Science (GreatSchools Rating 2/10), Rock Ridge High School (GreatSchools Rating 5/10).
The last sale was on April 28, 2014 for $85,000 (source: MLS/tax record).
The property at 7436 Ely Lake Dr has 3 bedrooms and 1 full and 1 half bathrooms.
The property 7436 Ely Lake Dr is 2,978 SqFt (source: MLS/tax record).
The year of construction for 7436 Ely Lake Dr is 2016.
This home is located at 7436 Ely Lake Dr in Eveleth, MN and zip code 55741. This 2,978 square foot home was built in 2016. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $749,000.
In May 2025, from all listings sold in Eveleth, MN there were more than 0 sold above asking price, over 0 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Eveleth, MN increased by 4.8% between April and May 2025. While the average time on the market in May 2025 was 25 days, the median list price was $182,410.
From Rocket Homes Real Estate and based on county public records data.