OFF MARKET

Off Market Dec 2020 for $265K

$442,096

Est. refi paymentEst. refi $1,709/mo

•

—

sq ft

2148 Nels Lake Rd, Ely, MN 55731

About this home

ELY MN Enjoy the scenic drive up the Echo Trail to your new Northwoods get away! This hand scribed log home is nestled on a heavily wooded 20 acre parcel walking distance to Nels Lake Public Landing and short drive to Downtown Ely. The main floor features a gas fireplace in the Living Room with sliding doors to the large deck with Southern exposure, a nice size kitchen, two bedrooms and a full bath. Take a turn up the spiral stairs to the sitting room with doors leading to an East facing deck. The Master Bedroom features a gas fireplace for those cozy fall nights, walk in closet, full bath and access to a North facing deck. This home has a cat walk from the sitting room across the living room to yet another South facing deck with panoramic views of the Superior National Forest. Two Humphrey gas lights have been installed -- one in the Living Room and one in the Master bedroom. Home is run by a generator in a shed. INCOME PRODUCING PROPERTY RENTED VRBO check it out!

Single-familyProperty Type

2008Year Built

20 acresLot Size

Listed by Betsy Clark • Northwoods Land Office, Inc

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5610644

Redfin Estimate

$442,096

$177K since sold in December 2020$10K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 35.7% lower than the average sale price ($688K) of 6 comparable homes.

SOLD MAY 6, 2026
$880,000
A
3 beds2 baths— sq ft
1852 Grant Mcmahan Blvd, Ely, MN 55731
SOLD JUN 30, 2026
$439,000
B
3 beds2 baths2,085 sq ft
1493 Inspiration Rd, Ely, MN 55731
SOLD AUG 12, 2026
$780,000
C
3 beds2 baths1,916 sq ft
1675 Bradach Rd, Ely, MN 55731
SOLD FEB 6, 2026
$710,000
D
3 beds2 baths— sq ft
540 Loop Rd, Ely, MN 55731
SOLD APR 1, 2026
$900,000
E
3 beds2 baths2,706 sq ft
2375 Viste Point Rd, Ely, MN 55731
SOLD DEC 8, 2025
$419,000
F
3 beds2 baths2,281 sq ft
386 Garden Lake Rd, Ely, MN 55731

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,867/mo

Redfin rental estimate

List your home for rent

Market trends in 55731, MN

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.7%

0.3% MoM

Median sale price

$265K

$31K MoM

Avg. days on market

53d

0 days MoM

Recently sold homes

9 MoM

New listings for sale

$749,000
1 bed— baths352 sq ft
2815 Schaeffer Rd, Ely, MN 55731
$799,000
2 beds1 bath988 sq ft
2811 Schaeffer Rd, Ely, MN 55731
$259,000
3 beds1 bath1,064 sq ft
308 S 8th Ave. Ave E, Ely, MN 55731
$684,500
3 beds2 baths1,806 sq ft
214 Cedar Ln, Ely, MN 55731
VIDEO TOUR
$887,900
2 beds1 bath525 sq ft
3530 North Arm Rd, Ely, MN 55731
$117,000
3 beds1 bath918 sq ft
31 E Harvey St, Ely, MN 55731
3D WALKTHROUGH
$395,000
2 beds1 bath955 sq ft
13412 Bear Paw Trl, Ely, MN 55731
3D WALKTHROUGH
$449,000
2 beds2 baths1,389 sq ft
1772 Hwy 120, Ely, MN 55731
3D WALKTHROUGH
$850,000
3 beds2 baths1,904 sq ft
14653 & 14655 Hulstrand Rd, Ely, MN 55731
See all

Provided by Redfin

Sale history for 2148 Nels Lake Rd

Date

Event

Price

Public Records

Dec 31, 2020

Sold

$264,000

RAOR #139649

Dec 23, 2020

Sold

$265,000

Jun 18, 2020

Listed

$279,500

ELY MN Enjoy the scenic drive up the Echo Trail to your new Northwoods get away! This hand scribed log home is nestled on a heavily wooded 20 acre parcel walking distance to Nels Lake Public Landing and short drive to Downtown Ely. The main floor features a gas fireplace in the Living Room with sliding doors to the large deck with Southern exposure, a nice size kitchen, two bedrooms and a full bath. Take a turn up the spiral stairs to the sitting room with doors leading to an East facing deck. The Master Bedroom features a gas fireplace for those cozy fall nights, walk in closet, full bath and access to a North facing deck. This home has a cat walk from the sitting room across the living room to yet another South facing deck with panoramic views of the Superior National Forest. Two Humphrey gas lights have been installed -- one in Living Room one in Master bedroom. Home runs via generator. INCOME PRODUCING PROPERTY LISTED ON VRBO WITH GREAT RESULTS.

NORTHSTARMLS as Distributed by MLS Grid #5610644

Dec 23, 2020

Sold

$265,000

Nov 22, 2020

Pending

—

Sep 21, 2020

Price Changed

$279,500

Jun 18, 2020

Listed

$289,900

CRMLS #170026908

Jun 4, 2020

Listing Removed

—

Apr 18, 2020

Price Changed

$289,000

Apr 8, 2020

Price Changed

$289,500

Apr 3, 2019

Price Changed

$289,000

Jan 3, 2019

Price Changed

$275,500

May 24, 2017

Listed

$289,000

CRMLS #SW19161452

Nov 10, 2019

Listing Removed

—

Oct 15, 2019

Price Changed

$289,000

Jul 8, 2019

Listed

$295,000

NORTHSTARMLS as Distributed by MLS Grid #4657588

Jun 28, 2016

Sold

$135,460

May 2, 2016

Pending

—

Apr 29, 2016

Price Changed

$185,000

Apr 7, 2016

Price Changed

$219,900

Feb 29, 2016

Price Changed

$234,900

Dec 12, 2015

Price Changed

$260,110

Oct 28, 2015

Listed

$273,800

RAOR #128086

Jun 28, 2016

Sold

$135,450

Oct 28, 2015

Listed

$185,000

Year

Property tax

Land + Additions

Assessment*

2026

$4,606 (+3.5%)

$68,300 + $338,900

$407,200

2025

$4,452 (+21.4%)

$68,300 + $338,900

$407,200

2024

$3,668 (+12.5%)

$64,100 + $269,500

$333,600

2023

$3,260 (+0.8%)

$54,700 + $216,100

$270,800

2022

$3,234 (+28.4%)

$62,000 + $191,800

$253,800

2021

$2,518 (+4.8%)

$52,500 + $139,800

$192,300

2020

$2,402 (+1.2%)

$52,500 + $139,800

$192,300

2019

$2,374 (+0.3%)

$52,500 + $139,800

$192,300

2018

$2,366 (−28.9%)

$52,500 + $139,800

$192,300

2017

$3,328 (−1.9%)

$66,400 + $203,000

$269,400

2016

$3,394 (+2.3%)

$76,500 + $204,600

$281,100

2014

$3,317 (−1.6%)

$76,500 + $204,600

$281,100

2013

$3,371

$84,600 + $204,600

$289,200

Tax history for 2148 Nels Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$4,606 (+3.5%)

$68,300 + $338,900

$407,200

2025

$4,452 (+21.4%)

$68,300 + $338,900

$407,200

2024

$3,668 (+12.5%)

$64,100 + $269,500

$333,600

2023

$3,260 (+0.8%)

$54,700 + $216,100

$270,800

2022

$3,234 (+28.4%)

$62,000 + $191,800

$253,800

2021

$2,518 (+4.8%)

$52,500 + $139,800

$192,300

2020

$2,402 (+1.2%)

$52,500 + $139,800

$192,300

2019

$2,374 (+0.3%)

$52,500 + $139,800

$192,300

2018

$2,366 (−28.9%)

$52,500 + $139,800

$192,300

2017

$3,328 (−1.9%)

$66,400 + $203,000

$269,400

2016

$3,394 (+2.3%)

$76,500 + $204,600

$281,100

2014

$3,317 (−1.6%)

$76,500 + $204,600

$281,100

2013

$3,371

$84,600 + $204,600

$289,200

*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

1.7

Lot width

—

Lot depth

—

Lot size

20 Acres

Year renovated

—

Sq. Ft.

1,952

Year built

2004

Style

Single Family Residential

County

St. Louis County

APN

613-0010-02755

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 15, 2026.

Property details

Parking

Parking Information
Parking Features: Open

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
Description: Main Floor 3/4 Bath,Upper Level Full Bath

Room 1 Information
Room Type: Sitting Room
Room Dimensions: 10x10
Room Level: Upper

Room 2 Information
Room Type: Kitchen
Room Dimensions: 16x11
Room Level: Main

Room 3 Information
Room Type: Bedroom 1
Room Dimensions: 20x20
Room Level: Main

Room 4 Information
Room Type: Dining Room
Room Dimensions: 16x11
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 16x16
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Dimensions: 16x22
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 20x16
Room Level: Upper

Room 8 Information
Room Type: Bedroom 3
Room Dimensions: 20x16
Room Level: Upper

Basement Information
Basement Features: Crawl Space

Dining Room Information
Dining Room Features: Informal Dining Room

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Gas, Living Room, Master Bedroom

Heating & Cooling
Heating Information: Fireplace(s)
Cooling Information: None

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sitting Room
Appliances: Range, Refrigerator, Tankless Water Heater

Exterior

Building Information
Construction Materials: Log
Foundation Area: 1,472

Property Information
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Property Sub Type Description: Log Home
Other Structures: Storage Shed
Above Grade Finished Area: 2,528
Amenities: Balcony,Ceiling Fan(s),Deck,Porch,Vaulted Ceiling(s)

Land Information
Wooded Area: 15

Lot Information
Lot Features: Tree Coverage - Heavy
Lot Size Area: 20
Lot Size Units: Acres
Lot Size Dimensions: 1320x660

Financial

Tax Information
Tax Annual Amount: $2,402
Tax Year: 2020
Tax With Assessments: $2,374

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Private, Well
Sewer: Mound Septic, Private Sewer
Fuel: Propane

Location

School Information
High School District: Ely
School District Number: 696
School District Phone: 218-365-6166

Location Information
Directions: Ely north on Hwy 1 to Hwy 88 LEFT to Echo Trail RIGHT to Nels Lake Rd RIGHT to # on Right
Map Coordinate: 999-A1
Topography: Rolling

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,952
Stories: 1.7
Lot Size: 20 acres
Style: Single Family Residential
Year Built: 2004
Year Renovated: —
County: St. Louis County
APN: 613-0010-02755

Home facts updated by county records on Jun 15, 2026

Other

Home Information
Living Area: 2528
Main Level Finished Area: 1472.0000
Building Area Total: 2528
Levels: Two

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 8.5mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 8.6mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 8.6mi

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

2/10 Fire Factor

0.00% 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)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.3 hours in June and 2.6 hours in December, placing it below the U.S. average for solar exposure.

8.3 hrs

2.6 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 2148 Nels Lake Rd

Data from public records.

Address	Redfin Estimate
3511 Nels Lake Rd, Ely, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$1,189,095
2716 Echo Trl, Ely, MN 1 Beds \| 1 Baths \| 1232 Sq. Ft.	$451,319

Address	Redfin Estimate
2126 Nels Lake Rd, Ely, MN 2 Beds \| 2 Baths \| 700 Sq. Ft.	$355,550
4089 First Lake Rd, Ely, MN 1 Beds \| 1 Baths \| 768 Sq. Ft.	$289,793

Address	Redfin Estimate
2790 Echo Trl, Ely, MN 1 Beds \| - Baths \| 540 Sq. Ft.	$236,568
2772 Echo Trl, Ely, MN 1 Beds \| 1 Baths \| 600 Sq. Ft.	$292,334

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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