Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. Priced below appraisal value. Set on 4 private, wooded acres just outside Ely. This finished log home is a rare combination of year-round comfort and true multi-purpose space — the kind of property that's hard to find and even harder to replace. The main log home offers a private primary suite plus a loft for additional sleeping space, warm-tile floors in the kitchen and bath, and the timeless character only a real log home delivers. But the real story here is everything around it: a heated two-car garage with two separate workshops — ideal for woodworking, mechanics, fabrication, or serious hobbyists —topped by a fully finished upper level with three additional bedrooms and a half bath. Altogether, this property offers flexible living and sleeping space for extended family, guests, or multi-generational living, all while keeping the main home private and quiet. Whether you need serious workshop space, room for a growing or visiting family, or simply want elbow room and privacy just minutes from Ely's lakes, trails, and the Boundary Waters, this property delivers.
Single-familyProperty Type
2001Year Built
4.2 acresLot Size
$261Price/Sq.Ft.
2 car garageParking
Listed by Julian Rasmusson• Z'Up North Realty, Inc.
Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. Priced below appraisal value. Set on 4 private, wooded acres just outside Ely. This finished log home is a rare combination of year-round comfort and true multi-purpose space The main log home offers a private primary suite plus a loft for additional sleeping space, warm-tile floors in the kitchen and bath, and the timeless character only a real log home delivers. But the real story here is everything around it: a heated two-car garage with two separate workshops — ideal for woodworking, mechanics, fabrication, or serious hobbyists — topped by a fully finished upper level with three additional bedrooms and a half bath. Altogether, this property offers flexible living and sleeping space for extended family, guests, or multi-generational living, all while keeping the main home private and quiet. Just minutes from many lakes, trails and the BWCA. This property delivers.
NORTHSTARMLS as Distributed by MLS Grid #7044811
Sep 19, 2026
Price Changed
$550,000
$261/sq ft
Jul 9, 2026
Price Changed
$554,900
$263/sq ft
Jul 2, 2026
Price Changed
$595,000
$282/sq ft
Apr 30, 2026
Relisted
—
Apr 28, 2026
Listing Removed
—
Apr 1, 2026
Listed
$599,999
$284/sq ft
LSAR as distributed by WIREX #6124272
Sep 19, 2026
Price Changed
$550,000
$261/sq ft
Jul 9, 2026
Price Changed
$554,900
$263/sq ft
Jul 2, 2026
Price Changed
$595,999
$282/sq ft
Mar 23, 2026
Listed
$599,999
$284/sq ft
+36
Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. Priced below appraisal value. Set on 4 private, wooded acres just outside Ely. This finished log home is a rare combination of year-round comfort and true multi-purpose space the kind of property that's hard to find and even harder to replace. The main log home offers a private primary suite plus a loft for additional sleeping space, warm-tile floors in the kitchen and bath, and the timeless character only a real log home delivers. But the real story here is everything around it: a heated two-car garage with two separate workshops ideal for woodworking, mechanics, fabrication, or serious hobbyists topped by a fully finished upper level with three additional bedrooms and a half bath. Altogether, this property offers flexible living and sleeping space for extended family, guests, or multi-generational living, all while keeping the main home private and quiet. Whether you need serious workshop space, room for a growing or visiting family, or simply want elbow room and privacy just minutes from Ely's lakes, trails, and the Boundary Waters, this property delivers.
NORTHSTARMLS as Distributed by MLS Grid #6710596
Dec 1, 2025
Listing Removed
—
Sep 1, 2025
Price Changed
$619,000
$293/sq ft
Jun 4, 2025
Price Changed
$624,900
$296/sq ft
Apr 28, 2025
Listed
$629,900
$298/sq ft
RAOR #1
Sep 1, 2025
Price Changed
$619,000
$293/sq ft
Jun 4, 2025
Price Changed
$624,900
$296/sq ft
Public Records
Apr 15, 2002
Sold
$174,000
$82/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,043 (+8.7%)
$65,600 + $490,400
$556,000
2025
$2,799 (+55.7%)
$61,528 + $448,476
$510,004
2024
$1,798 (−11.3%)
$61,600 + $427,600
$489,200
2023
$2,028 (−13.1%)
$61,600 + $432,500
$494,100
2022
$2,333 (+2.7%)
$53,362 + $248,279
$301,641
2021
$2,272 (−9.8%)
$51,658 + $237,339
$288,997
2020
$2,519 (+0.2%)
$55,615 + $237,742
$293,357
2019
$2,515 (−1.9%)
$55,675 + $240,516
$296,191
2018
$2,563 (+10.9%)
$55,736 + $243,398
$299,134
2017
$2,311 (+2.5%)
$61,264 + $218,032
$279,296
2016
$2,255 (+10.2%)
$61,900 + $218,000
$279,900
2015
$2,046 (+51.4%)
$61,100 + $190,400
$251,500
2013
$1,352
$64,300 + $157,400
$221,700
Public record
Beds
2
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
4.2 Acres
Year renovated
—
Finished Sq. Ft.
1,056
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,056
Year built
2001
Style
Single Family Residential
County
Lake County
APN
28-6226-01090
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 92° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ely, MN • 55731
Average low and high temperatures (°F)
14
-5
23
1
37
15
46
27
65
39
74
51
80
57
73
55
68
49
57
38
38
24
21
5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Ely. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12957 W Ridge Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $265,000 and $610,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $610K.