For sale

$222,500

Est. $1,601/mo —

•

1 ba

•

400

sq ft

4996 Big Lake Rd, Ely, MN 55731

About this home

Big Lake Wilderness Retreat CIC. . Investment opportunity. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a ¾ bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft. Excellent fishing. For your private use and enjoyment and also allows for rentals. Rentals managed by an on-site well established management company. General maintenance taken care of as part of the income split. Includes a newer pontoon boat for you and renters to use. The cabin is completely furnished and well cared for.

Single-familyProperty Type

1950Year Built

7,841 sq ftLot Size

$556Price/Sq.Ft.

$250/moHOA Dues

Listed by Lisa Poppenhagen • Ely Realty

Listing updated: May 7, 2026 at 02:36pm

Redfin checked: a minute ago

•Source:RAOR #149778

Payment calculator

$1,601 per month

Principal and interest$1,169

Property taxes

HOA dues

Home insurance

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Tower-Soudan Elementary School

Public PreK-6 • Assigned • 22.8mi

5/10

Northeast Range Secondary

Public 7-12 • Assigned • 26.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

4996 Big Lake Rd · $222,500

Strong offer

$223K and above

75% chance or better to win

Why $223K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 23 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Interior features
Gas water heater
Microwave
Refrigerator
Gas range

Kitchen
Gas range
Microwave
Refrigerator

Heating & cooling
Propane heating

Sale and tax history for 4996 Big Lake Rd

Sale History
Tax History

Date

Event

Price

LSAR #6124548

Jun 18, 2026

Price Changed

$222,500

$556/sq ft

Apr 16, 2026

Listed

$219,000

$548/sq ft

Big Lake Common Interest Community, investment property. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a ¾ bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft. Excellent fishing. For your private use and enjoyment and also requires rentals. Owner can use for 2 specific dates of their choice. Rentals managed by an on-site well established management company. General maintenance taken care of as part of the income split. Includes a newer pontoon boat for you and renters to use. The cabin is completely furnished and well cared for.

RAOR #149778

May 7, 2026

Price Changed

$222,500

$556/sq ft

Apr 16, 2026

Listed

$219,000

$548/sq ft

RAOR #1

Sep 19, 2025

Price Changed

$205,000

$513/sq ft

Jul 5, 2025

Price Changed

$222,000

$555/sq ft

Public Records

Apr 4, 2022

Sold

$400,000

$1,000/sq ft

LSAR #6099682

Apr 1, 2022

Sold

$200,000

$500/sq ft

Sep 15, 2021

Listed

$219,000

$548/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$1,152 (+7.5%)

$27,500 + $1,300

$28,800

2025

$1,072 (+3.3%)

$27,500 + $1,300

$28,800

2024

$1,038 (+13.3%)

$25,100 + $1,300

$26,400

2023

$916 (−15.8%)

$23,000 + $1,200

$24,200

2022

$1,088 (−1.1%)

$67,000 + $1,200

$68,200

2021

$1,100

$67,000 + $15,300

$82,300

2020

$1,100 (+1.3%)

$67,000 + $15,300

$82,300

2019

$1,086 (−1.5%)

$67,000 + $15,300

$82,300

2018

$1,102 (−25.6%)

$67,000 + $15,300

$82,300

2017

$1,482 (−13.5%)

$109,300 + $12,600

$121,900

2013

$1,713

$125,700 + $14,200

$139,900

Public record

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,800 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

380

Unfinished Sq. Ft.

—

Total Sq. Ft.

380

Year built

—

Style

Other

County

St. Louis County

APN

629-0032-00040

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 15, 2026.

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

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

Provided by Shadowmap

Redfin Estimate for 4996 Big Lake Rd

$214,915

$7,585 under list price of $223K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $120K to $290K.

SOLD AUG 12, 2026
$290,000 Last sold price
2 beds— baths— sq ft
2050 Shipman, Ely, MN 55731
larger lot
62 years newer
SOLD APR 14, 2026
$172,000 Last sold price
2 beds1.5 baths1,041 sq ft
27 E Harvey St, Ely, MN 55731
$391/sq ft
smaller lot
25 years older
SOLD DEC 5, 2025
$135,000 Last sold price
1 bed— baths480 sq ft
2151 Echo Trl, Ely, MN 55731
$275/sq ft
larger lot
58 years newer
SOLD MAY 15, 2026
$120,000 Last sold price
— beds— baths740 sq ft
4002 Shiloh Trl, Orr, MN 55771
$394/sq ft
larger lot
44 years newer
SOLD JUL 31, 2026
$130,000 Last sold price
3 beds1 bath— sq ft
1530 N 20th Ave E, Ely, MN 55731
larger lot
30 years older
basement
SOLD MAR 2, 2026
$216,000 Last sold price
4 beds2.5 baths1,824 sq ft
313 E Chapman St, Ely, MN 55731
$438/sq ft
smaller lot
38 years older

Contact listing agent

Lisa Poppenhagen

Ely Realty

218-235-7836

lisapop.realtor@gmail.com

At this time, Redfin doesn't have an agent available to help you with this home.

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Details provided by RAOR and may not match the public record. Learn more.

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