Google satellite image for 2145 Walleye Way, Ely, MN 55731

Off market aug 2022 for $185K

$268,393

Est. refi paymentEst. refi $1,277/mo

•

600

sq ft

2145 Walleye Way, Ely, MN 55731

About this home

Gorgeous log cabin on Mitchell Lake just a few miles south of Ely! This cabin is part of an operating resort and is managed by the resort to keep it busy with tourists for most of the season. The resort takes care of managing it, booking it, cleaning it, etc. The owner of the cabin is allowed to use the cabin a certain number of weeks during the 13 week peak season, and a certain number of weeks in the non-peak season. It is a seasonal cabin and gets shut down and winterized in the late fall and winter. The cabin has 2 bedrooms and 1 full bath, and has an open floor plan. There is a classic stone wood burning fireplace in the living room, and a screened in porch on the entire front of the cabin that faces the lake. One bedroom is in the back of the cabin, and one is up front facing the lake. You have your own private dock right in front of your cabin. As part of the resort, you get to use the big sand beach, sauna, playground, and there is also a classic lodge building there with on-site managers. Great way to own a lake cabin here in the Ely area with it generating cash flow all summer and you come up to use and enjoy it on your pre-arranged weeks! The lake is quiet and has good fishing. --

Single-familyProperty Type

1920Year Built

0.27 acresLot Size

$447Est. Price/Sq.Ft.

Contact: ***

Bought with Jeff Hway • Bear Island Realty LLC

Redfin checked: 2 minutes ago

•Source:LSAR as distributed by WIREX #6103876

Redfin Estimate

$268,393

$83K since sold in August 2022$14K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.5% higher than the average sale price ($265K) of 6 comparable homes.

SOLD SEP 11, 2026
$126,000
A
2 beds1 bath788 sq ft
121 E Pattison St, Ely, MN 55731
SOLD AUG 28, 2026
$872,250
B
1 bed1 bath693 sq ft
228 E White St, Ely, MN 55731
SOLD MAY 11, 2026
$112,000
C
2 beds1 bath1,250 sq ft
1135 E Harvey St, Ely, MN 55731
SOLD JUN 22, 2026
$108,000
D
2 beds2 baths— sq ft
50 Beech Ct, Babbitt, MN 55706
SOLD MAY 4, 2026
$234,000
E
3 beds1 bath1,160 sq ft
1239 E Washington St, Ely, MN 55731
SOLD AUG 27, 2026
$135,000
F
2 beds1 bath— sq ft
61 Birch Blvd, Babbitt, MN 55706

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Refinance

Est. cash available

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Rent

$1,583/mo

Redfin rental estimate

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Market trends in 55731, MN

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

93.8%

1.2% MoM

Median sale price

$273K

$4K MoM

Avg. days on market

62d

20 days MoM

Recently sold homes

7 MoM

New listings for sale

3D WALKTHROUGH
$499,000
2 beds1 bath832 sq ft
190 Onigum Trl, Ely, MN 55731
$675,000
2 beds1 bath960 sq ft
2166 Passi Rd, Ely, MN 55731
3D WALKTHROUGH
$585,000
2 beds2 baths1,775 sq ft
1877 Echo Trl, Ely, MN 55731
$390,000
4 beds2 baths1,400 sq ft
000 Fernberg Rd, Fall Lake Township, MN 55731
3D WALKTHROUGH
$674,000
4 beds2 baths2,720 sq ft
139 Fernberg Rd, Ely, MN 55731
$169,000
3 beds1 bath1,087 sq ft
34 N Klondike Dr, Ely, MN 55731
3D WALKTHROUGH
$450,000
2 beds2 baths1,260 sq ft
1875 Echo Trl, Ely, MN 55731
$429,900
2 beds1 bath998 sq ft
2793 Wolf Track Trl, Ely, MN 55731
3D WALKTHROUGH
$329,000
3 beds1.5 baths2,313 sq ft
1298 Heather St, Ely, MN 55731
See all

Provided by Redfin

Sale history for 2145 Walleye Way

Year

Property tax

Land + Additions

Assessment*

2026

$1,442 (+1.3%)

$14,600 + $1,700

$16,300

2025

$1,424 (+10.9%)

$14,600 + $1,600

$16,200

2024

$1,284 (+9.7%)

$13,900 + $1,600

$15,500

2023

$1,170 (−9.7%)

$11,400 + $1,400

$12,800

2022

$1,296 (−3.1%)

$80,200 + $1,400

$81,600

2021

$1,338 (+6.9%)

$80,200 + $31,300

$111,500

2020

$1,252 (+1.6%)

$80,200 + $31,300

$111,500

2019

$1,232 (−7.2%)

$80,200 + $31,300

$111,500

2018

$1,328 (−0.6%)

$91,300 + $29,100

$120,400

2017

$1,336 (−6.1%)

$91,300 + $29,100

$120,400

2013

$1,422

$99,900 + $29,300

$129,200

Tax history for 2145 Walleye Way

Year

Property tax

Land + Additions

Assessment*

2026

$1,442 (+1.3%)

$14,600 + $1,700

$16,300

2025

$1,424 (+10.9%)

$14,600 + $1,600

$16,200

2024

$1,284 (+9.7%)

$13,900 + $1,600

$15,500

2023

$1,170 (−9.7%)

$11,400 + $1,400

$12,800

2022

$1,296 (−3.1%)

$80,200 + $1,400

$81,600

2021

$1,338 (+6.9%)

$80,200 + $31,300

$111,500

2020

$1,252 (+1.6%)

$80,200 + $31,300

$111,500

2019

$1,232 (−7.2%)

$80,200 + $31,300

$111,500

2018

$1,328 (−0.6%)

$91,300 + $29,100

$120,400

2017

$1,336 (−6.1%)

$91,300 + $29,100

$120,400

2013

$1,422

$99,900 + $29,300

$129,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.27 Acres

Year renovated

—

Sq. Ft.

600

Year built

—

Style

Single Family Residential

County

St. Louis County

APN

465-0155-00150

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 15, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: None

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Heating
Heating: Fireplace(s), Electric

Interior Features
Interior Features: Ceiling Fan(s), Natural Woodwork, Vaulted Ceiling(s), Master Downstairs
Window Features: Screens, Wood Frames
Appliances: Range, Refrigerator
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning

Room Information
Basement Details: Crawl Space

Exterior

Exterior Features
Exterior Features: Dock
Roof: Metal

Building Information
Above Grade Finished Area: 600
# of Stories Total: 1
Construction Materials: Log

Property Features
On Waterfront
Waterfront Features: Lake

Property Information
Property Type: Residential
Raw Mls Property Sub Type: Seasonal

Lot Information
Lot Features: Many Trees
Water Body Name: Mitchell
Road Frontage Type: Private Road
Lot Size Dimensions: 102 x 108
Lot Size Acres: 0.27

Financial

Tax Information
Tax Annual Amount: $1,211

Utilities

Utility Information
Sewer: Shared Septic

Location

HOA Information
Association Amenities: Sauna, Beach Access

Schools Information
High School District: Ely #696

Location Information
Directions: From downtown Ely, proceed south on Hwy 21 N approx 4.3 Miles. Take a right on Haapala Rd which becomes Mitchell Shores Rd, proceed past Nothern Air Lodge to 2145 Walleye Way.

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 600
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: St. Louis County
APN: 465-0155-00150

Home facts updated by county records on Jun 15, 2026

Other

Listing Information
AttributionContact: ***

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 3.7mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 3.6mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 3.6mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° 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)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

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New listings for sale in 55731

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Home values near 2145 Walleye Way

Data from public records.

Address	Redfin Estimate
2165 Haapala Rd, Ely, MN 1 Beds \| 2 Baths \| 1533 Sq. Ft.	$524,579
2008 Haapala Rd, Ely, MN 2 Beds \| - Baths \| 818 Sq. Ft.	$238,716

Address	Redfin Estimate
1853 Mitchell Shores Rd, Ely, MN 2 Beds \| 2 Baths \| 1184 Sq. Ft.	$242,973
1863 Mitchell Shores Rd, Ely, MN 2 Beds \| 1 Baths \| 609 Sq. Ft.	$236,146

Address	Redfin Estimate
1895 Mitchell Shores Rd, Ely, MN 3 Beds \| 2 Baths \| 1939 Sq. Ft.	$608,647
2169 Haapala Rd, Ely, MN 3 Beds \| 3 Baths \| 1425 Sq. Ft.	$830,164

Property information provided by LSAR as distributed by WIREX when last listed in 2022. This data may not match . Learn more.

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