Google satellite image for 4089 First Lake Rd, Ely, MN 55731

OFF MARKET

$289,793

•

1 ba

•

768

sq ft

4089 First Lake Rd, Ely, MN 55731

About this home

4089 First Lake Rd is a 768 square foot property on a 18.03 acre lot with 1 bedroom and 1 bathroom. Based on Redfin's Ely data, we estimate the home's value is $289,793.

2009Year Built

18.03 acresLot Size

$377Est. Price/Sq.Ft.

3 garage spacesParking

Source:Public Records

Redfin Estimate

$289,793

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.1% higher than the average sale price ($250K) of 5 comparable homes.

SOLD JUN 30, 2026
$272,500
A
1 bed1 bath1,160 sq ft
1475 Echo Trl, Ely, MN 55731
SOLD MAY 15, 2026
$265,000
B
2 beds1 bath976 sq ft
9362 Vandelay Dr, Ely, MN 55731
SOLD JUL 24, 2026
$150,000
C
1 bed1 bath— sq ft
1152 Fernberg Rd, Ely, MN 55731
SOLD JUL 24, 2026
$250,000
D
2 beds1 bath720 sq ft
3806 Dorem Dr, Ely, MN 55731
SOLD JUN 12, 2026
$310,000
E
2 beds2 baths967 sq ft
3784 Fenske Lake Rd Unit 5, Ely, MN 55731

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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 4089 First Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,422 (+0.6%)

$70,485 + $101,183

$171,668

2025

$1,414 (+4.1%)

$70,485 + $101,183

$171,668

2024

$1,358 (+3.2%)

$65,571 + $81,399

$146,970

2023

$1,316 (+111.6%)

$58,259 + $72,252

$130,511

2022

$622 (−55.3%)

$50,776 + $61,750

$112,526

2021

$1,392 (+27.0%)

$51,205 + $65,245

$116,450

2020

$1,096 (+29.6%)

$51,205 + $65,245

$116,450

2019

$846 (−36.0%)

$40,792 + $43,285

$84,077

2018

$1,322 (−0.6%)

$54,000 + $57,300

$111,300

2017

$1,330 (−14.6%)

$54,000 + $57,300

$111,300

2016

$1,558 (+8.6%)

$65,500 + $65,200

$130,700

2014

$1,435 (−4.8%)

$65,500 + $58,400

$123,900

2013

$1,508

$72,800 + $58,400

$131,200

Tax history for 4089 First Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,422 (+0.6%)

$70,485 + $101,183

$171,668

2025

$1,414 (+4.1%)

$70,485 + $101,183

$171,668

2024

$1,358 (+3.2%)

$65,571 + $81,399

$146,970

2023

$1,316 (+111.6%)

$58,259 + $72,252

$130,511

2022

$622 (−55.3%)

$50,776 + $61,750

$112,526

2021

$1,392 (+27.0%)

$51,205 + $65,245

$116,450

2020

$1,096 (+29.6%)

$51,205 + $65,245

$116,450

2019

$846 (−36.0%)

$40,792 + $43,285

$84,077

2018

$1,322 (−0.6%)

$54,000 + $57,300

$111,300

2017

$1,330 (−14.6%)

$54,000 + $57,300

$111,300

2016

$1,558 (+8.6%)

$65,500 + $65,200

$130,700

2014

$1,435 (−4.8%)

$65,500 + $58,400

$123,900

2013

$1,508

$72,800 + $58,400

$131,200

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

Property details

Interior

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Cabin
Construction Type: Wood
Building Construction Quality: Good
Building Type: Residential

Property Information
Living Sq. Ft: 768
Building Sq. Ft: 768
# of Stories: 1
Legal Description: PART OF GOVT LOT 1 EX ASSUMING N LINE OF GOVT LOT 1 TO BEAR N89DEG23'25"E & FROM NW COR RUN N89DEG23'25"E ALONG N LINE 521.85 FT TO PT OF BEG THENCE S00DEG21'10"E 1277.83 FT THENCE N89DEG39'10"E PARALLEL WITH & 60 FT FROM S LINE 599.79 FT TO E LINE OF GOVT LOT 1 THENCE N00DEG06'45"W ALONG E LINE 1193 FT MORE OR LESS TO SHORE OF FIRST LAKE THENCE NWLY ALONG SHORE 192 FT MORE OR LESS TO A PT ON N LINE OF GOVT LOT 1 WHICH BEARS N89DEG23'25"E FROM PT OF BEG THENCE S89DEG23'25"W ALONG N LINE 487 FT MORE OR LESS TO PT OF BEG

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 1,200
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 785,387
Legal Lot Number: 1
Municipality Name: UNORG 64-13
Acres: 18.03
Zoning Code: RES
County Use Description: RES 1 UNIT PREVIOUSLY SRR

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 768
Stories: 1.0
Lot Size: 18.03 acres
Style: Other
Year Built: 2009
Year Renovated: —
County: St. Louis County
APN: 628-0010-03491

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 8.8mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 8.8mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 8.8mi

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 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

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

$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

Home values near 4089 First Lake Rd

Data from public records.

Address	Redfin Estimate
4194 First Lake Road, Ely, MN 1 Beds \| - Baths \| 280 Sq. Ft.	$140,262
2148 Nels Lake Road, Ely, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$442,096

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

Address	Redfin Estimate
2716 Echo Trail, Ely, MN 1 Beds \| 1 Baths \| 1232 Sq. Ft.	$451,319
2744 Echo Trail, Ely, MN 2 Beds \| 2 Baths \| 1511 Sq. Ft.	$434,720

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