$749,000

7436 Ely Lake Dr Eveleth, MN 55734

$8,894
Closing credit¹
3 beds
1 full, 1 partial
2,978 sqft
0.7 acres
$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

HeatingSteam, Dual System, Forced Air, Heat Pump, Radiant Floor, Natural Gas, Electric
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,978 sqft
Lot size0.66 Acres
Year built2016
ParkingAttached, Detached, Multiple
MLS #6118443
Attached garage6 spaces
WaterfrontLake
FireplaceMultiple - See Remarks

Summary

  • MLS Number: 6118443
  • Office Name: My Place Realty, Inc.
  • Listing Agent: Darcie Rae Novak

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: 4/10/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space with covered porch, stone siding, a balcony, and an attached garage

$749,000

7436 Ely Lake Dr

$8,894

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,648. Most Eveleth, MN residents have annual incomes between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

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?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Bass Pro ShopsBass Pro Shops
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 7436 Ely Lake Dr

This home is located at 7436 Ely Lake Dr in Eveleth, MN and zip code 55741. This 2,978 square foot home, which was built in 2016, sits on a 0.66 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $749,000.

Eveleth, MN housing market in March 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. The number of listings in Eveleth, MN decreased by 15.4% between February and March 2025. In March 2025, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $135,000.

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

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