Looking for that perfect slice of Ely lake life? This 4-bedroom, 3-bath home on Bear Island Lake delivers it with a smile. Set on 120 feet of beautiful sandy shoreline, this exceptionally well-maintained two-story home gleams with quality. The centerpiece is a stunning custom two-story fieldstone fireplace — double-sided so you can enjoy the crackle from both the living room and the cozy upper level. Inside you’ll find a large eat-in kitchen with warm wood cabinetry, a spacious living room with soaring cathedral ceilings, and breathtaking lake views. A 3-season porch adds even more space for summer entertaining, while decks on both levels let you soak in the scenery morning and night. Recent updates include a new roof, central air, and fresh exterior paint. Compliant septic, too. Just bring your boat, your fishing gear, and your sense of adventure. Whether you’re chasing walleyes or chasing sunsets, this lake home is ready for you.
Single-familyProperty Type
1969Year Built
0.7 acresLot Size
$124Price/Sq.Ft.
2 car garageParking
Listed by Andrea Zupancich• Z'Up North Realty, Inc.
Looking for that perfect slice of Ely lake life? This 4-bedroom, 3-bath home on Bear Island Lake delivers it with a smile. Set on 120 feet of beautiful sandy shoreline, this exceptionally well-maintained two-story home gleams with quality. The centerpiece is a stunning custom two-story fieldstone fireplace — double-sided so you can enjoy the crackle from both the living room and the cozy upper level. Inside you’ll find a large eat-in kitchen with warm wood cabinetry, a spacious living room with soaring cathedral ceilings, and breathtaking lake views. A 3-season porch adds even more space for summer entertaining, while decks on both levels let you soak in the scenery morning and night. Recent updates include a new roof, central air, and fresh exterior paint. Compliant septic, too. Just bring your boat, your fishing gear, and your sense of adventure. Whether you’re chasing walleyes or chasing sunsets, this lake home is ready for you.
NORTHSTARMLS as Distributed by MLS Grid #7058639
Jul 21, 2026
Pending
—
Jul 16, 2026
Price Changed
$360,000
$124/sq ft
Jun 24, 2026
Price Changed
$425,000
$147/sq ft
May 26, 2026
Price Changed
$450,000
$155/sq ft
Apr 20, 2026
Listed
$535,000
$184/sq ft
LSAR #6124547
Jul 21, 2026
Pending
—
Jul 16, 2026
Price Changed
$360,000
$124/sq ft
Jun 19, 2026
Price Changed
$425,000
$147/sq ft
May 26, 2026
Price Changed
$450,000
$155/sq ft
Apr 17, 2026
Listed
$535,000
$184/sq ft
+33
Public Records
Dec 29, 2022
Sold
$235,000
$81/sq ft
Public Records
Oct 11, 2018
Sold
$235,000
$81/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4938811
Sep 7, 2018
Pending
—
Apr 11, 2018
Listed
$265,000
$91/sq ft
LSAR #6027143
Oct 5, 2018
Sold
$235,000
$81/sq ft
Mar 1, 2017
Listed
$265,000
$91/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4695894
Jul 9, 2016
Listing Removed
—
Mar 31, 2016
Listed
$299,000
$103/sq ft
NORTHSTARMLS as Distributed by MLS Grid #MAM6000682
Dec 31, 2014
Listing Removed
—
Mar 9, 2014
Listed
$300,000
$103/sq ft
NORTHSTARMLS as Distributed by MLS Grid #MAM26861
Aug 3, 2009
Listed
$349,900
$121/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,636 (−0.6%)
$171,929 + $315,403
$487,332
2025
$4,666 (+19.5%)
$171,929 + $315,403
$487,332
2024
$3,906 (+5.2%)
$139,053 + $255,892
$394,945
2023
$3,712 (−5.1%)
$125,098 + $218,726
$343,824
2022
$3,910 (+7.7%)
$118,379 + $207,896
$326,275
2021
$3,632 (+6.8%)
$106,611 + $178,135
$284,746
2020
$3,402 (−3.1%)
$106,611 + $178,135
$284,746
2019
$3,512 (−10.0%)
$118,390 + $183,796
$302,186
2018
$3,904 (−6.0%)
$122,000 + $189,400
$311,400
2017
$4,152 (+1.1%)
$119,300 + $212,700
$332,000
2016
$4,106 (+3.1%)
$119,300 + $212,700
$332,000
2014
$3,984 (−2.6%)
$119,300 + $212,700
$332,000
2013
$4,092
$124,400 + $222,800
$347,200
Public record
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.7 Acres
Year renovated
—
Finished Sq. Ft.
2,624
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,624
Year built
1969
Style
Single Family Residential
County
St. Louis County
APN
625-0026-00400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be 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
76
55
74
55
72
50
57
38
38
24
21
5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.7 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2641 Priests Point Rd
$367,604
$7,604 over list price of $360K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $780K.