3505 E Lake Four Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

3505 E Lake Four Rd
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 1,010 sqft (on 0.70 acres)

$329,900

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,022/mo*
Refinance Your Home

$329,900

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,022/mo*
Refinance Your Home
2 Beds
1 Bath
1,010 sqft
(on 0.70 acres)

Local Information

  • Map ViewExplore the area around 3505 E Lake Four Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
0.7 acres
Living Area
1,010 sqft
Price/Sqft
$327

About this House

Cozy 2 bedroom cabin on Eagles Nest Lake #4 nestled in the woods. 120+/- feet of level shoreline, well wooded with birch, maple and lots of young white pine. Cabin features a roomy living room and dining/kitchen area, with great lake views. Great fishing and swimming from dock. Eagles Nest 4 is a crystal clear water lake. Property also includes a sauna building near the lake and a large 2-stall garage with storage space in the loft. Near the end of a private road. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Phil Hyde
3505 E Lake Four Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,010 sqft single-family home. It last sold for $224,000 on Aug 13, 2010. It is currently off market. The Trulia Estimate is $329,900, with a rent estimate of $1,548/month.

Home Details for 3505 E Lake Four Rd

Interior Features

Interior Details
BasementIn-law unit
Heating & Cooling
Heating: Forced Air, WoodHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: Wood
Parking & Garage
Parking Spaces: 2

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.70 acres

Building

Pool
Sauna

Price History for 3505 E Lake Four Rd

DatePriceEventSource
10/17/2012$239,500ListingRemovedAgent Provided
10/11/2012$239,500Listed For SaleAgent Provided
08/13/2010$224,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1404605
07/04/2010$239,500PriceChange
Agent Provided
03/21/2010$249,500Listed For SaleAgent Provided
01/02/2010$239,500ListingRemovedAgent Provided
10/24/2009$239,500PriceChange
Agent Provided
09/05/2009$249,500Listed For SaleAgent Provided

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2024
Tax$1,696
Assessment$235,400
Home facts updated by county records

Comparable Sales for 3505 E Lake Four Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3772 Rustic Wood Rd, Ely, MN
1.33
Single-Family Home
$131,666
02/23/26
2
1
740
1755 Bradach Rd, Ely, MN
1.64
Single-Family Home
$260,000
07/08/26
1
1
694
3806 Dorem Dr, Ely, MN
1.67
Single-Family Home
$250,000
07/24/26
2
1
720
1346 Bear Head State Park Rd, Ely, MN
0.56
Single-Family Home
$140,000
04/13/26
1
-
288
1531 Bear Head State Park Rd, Ely, MN
1.97
Single-Family Home
$335,000
07/17/26
1
1
1,056
1739 Bear Head State Park Rd, Ely, MN
2.18
Single-Family Home
$265,000
06/09/26
2
1
1,346
1859 Bobence Rd, Ely, MN
1.92
Single-Family Home
$420,000
06/22/26
3
3
1,532
3819 Dorem Dr, Ely, MN
1.72
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
3810 Mud Creek Rd, Ely, MN
2.39
Single-Family Home
$110,000
05/06/26
2
-
840
1233 Minnesota Blvd, Ely, MN
2.74
Single-Family Home
$120,000
01/13/26
1
1
572

Nearby homes

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Assigned Schools

These are the assigned schools for 3505 E Lake Four Rd.

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 there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

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

Sourced by Trulia users. 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
    Flag
  • 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

Apartments for Rent

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Homes for sale near 3505 E Lake Four Rd

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Off Market Homes Near 3505 E Lake Four Rd

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Frequently asked questions about 3505 E Lake Four Rd

  • What is 3505 E Lake Four Rd estimated to be worth?
    Trulia's estimated value for 3505 E Lake Four Rd in Ely, MN is $329,900.
  • What is the price history for 3505 E Lake Four Rd?
    3505 E Lake Four Rd in Ely, MN last sold for $224,000 in August 2010.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • How big is the lot at 3505 E Lake Four Rd?
    The lot at 3505 E Lake Four Rd in Ely, MN is about 0.70 acres (30,492 sq ft).
  • Does 3505 E Lake Four Rd have parking?
    Yes, 3505 E Lake Four Rd in Ely, MN has on-site parking.