2826 Cedar Lake Rd, Ely, MN 55731
FOR SALE
5 ACRES

2826 Cedar Lake Rd
Ely, MN 55731

  • 4 Beds
  • 3 Baths
  • 2,722 sqft (on 5 acres)

$525,000

Est. Mortgage $3,134/mo*
Get Pre-Qualified

$525,000

Est. Mortgage $3,134/mo*
Get Pre-Qualified
4 Beds
3 Baths
2,722 sqft
(on 5 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to your Northern Minnesota retreat. Nestled on 5 private acres in Ely, this solid, efficient home offers the space and seclusion you’ve been searching for—without sacrificing convenience. This 4-bedroom, 3-bath home features warm tongue-and-groove woodwork throughout, adding character and craftsmanship. Generous living space flows naturally, providing room to spread out along with ample storage. The property is well-equipped for both everyday living and recreation, featuring a 30×40 pole building ideal for a workshop, equipment storage, or hobby space, along with a 28×32 detached garage with plenty of room for vehicles, boats, snowmobiles, and gear. A one-car attached garage offers added convenience, while the paved circular driveway ensures easy access year-round. Central A/C keeps the home comfortable during the summer months. Surrounded by five acres of privacy, this property offers a peaceful buffer from the outside world while remaining just minutes from downtown Ely’s shops, restaurants, and access to the Boundary Waters Canoe Area Wilderness. Enjoy endless outdoor recreation right out your door, with easy access to hiking, fishing, biking, snowmobiling, and countless lakes and trails that make Ely a true Northwoods destination. Built for all seasons, this is a home where you can host, store your toys, and truly enjoy the quiet. Solid bones, smart design, and room to breathe.

Home Highlights

Parking
5 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$193
Listed
22 days ago

Home Details for 2826 Cedar Lake Rd

Interior Features

Interior Details
Basement: Full,Partially Finished,Walkout,Bath,Bedrooms,Den/Office,Family/Rec Room,Fireplace,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Bonus Room, Dining Room, Family Room, Great Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 2
Dimensions and Layout
Living Area: 2722 Square Feet
Appliances & Utilities
Laundry: Main Level,Dryer Hook-Ups,Washer Hookup
Heating & Cooling
Heating: Forced Air,Propane,OilHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas, BasementHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Door: Patio DoorFlooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Deck, PatioFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5No CarportHas a GarageHas an Attached GarageParking Spaces: 5Parking: Asphalt,Attached,Detached,Multiple,Slab
Frontage
Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Private Sewer, Mound Septic
Finished Area
Finished Area (above surface): 1920 Square FeetFinished Area (below surface): 802 Square Feet

Days on Market

Cumulative Days on Market: 2Days on Market: 22

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl, Wood, Frame/Wood
Property Information
Parcel Number: 465002003701

Price & Status

Price
List Price: $525,000Price Per Sqft: $193
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

Agent Information

Listing Agent
Listing ID: 6124517

HOA

No HOA

Lot Information

Lot Area: 5 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6124517Attribution Contact: ***Above Grade Unfinished Area: 1920
Last check for updates: about 2 hours ago
Listing courtesy of Lori Schulze, (218) 343-1787
Keller Williams Classic Realty NW - Ely
Heather Franciskovich, (218) 235-3895
Keller Williams Classic Realty NW - Ely
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6124517
Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

Price History for 2826 Cedar Lake Rd

DatePriceEventSource
04/15/2026$525,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6124517

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Property Tax and Assessment

Year2024
Tax$3,090
Assessment$372,300
Home facts updated by county records

Comparable Sales for 2826 Cedar Lake Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
142 Onigum Trl, Ely, MN
1.30
Single-Family Home
$930,000
08/29/25
3
2
2,042
1280 Heather St, Ely, MN
1.40
Single-Family Home
$205,000
02/20/26
3
3
3,048
118 Onigum Trl, Ely, MN
1.20
Single-Family Home
$735,000
09/04/25
3
2
2,189
1326 N 21st Ave E, Ely, MN
1.19
Single-Family Home
$250,000
12/18/25
3
2
1,728
1340 Hidden Valley Rd, Ely, MN
1.72
Single-Family Home
$325,000
07/28/25
3
3
3,024
1545 N Pioneer Rd, Ely, MN
1.58
Single-Family Home
$799,000
06/18/25
5
3.5
4,300
607 Main St N, Winton, MN
0.85
Single-Family Home
$415,000
03/06/26
2
1
1,088
110 2nd Ave E, Winton, MN
0.86
Single-Family Home
$115,000
07/28/25
1
1
1,008

Assigned Schools

These are the assigned schools for 2826 Cedar Lake Rd.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say it's walkable to grocery stores

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
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  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Lori Schulze, Keller Williams Classic Realty NW - Ely
Agent Phone: (218) 343-1787
Based on information submitted to the MLS GRID as of 2026-05-08 08:02:23 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
2826 Cedar Lake Rd, Ely, MN 55731 is a 4 bedroom, 3 bathroom, 2,722 sqft single-family home built in 1978. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Apr 15, 2026. The MLS # for this home is MLS# 6124517.