4194 First Lake Rd, Ely, MN 55731
Property image
Property image
SOLD
NOV 13, 2025

4194 First Lake Rd
Ely, MN 55731

  • 1 Bed
  • 280 sqft (on 11.43 acres)

$129,000

Last Sold: Nov 13, 2025
$461/sqft
Est. Refi. Payment $836/mo*
Refinance Your Home

$129,000

Last Sold: Nov 13, 2025
$461/sqft
Est. Refi. Payment $836/mo*
Refinance Your Home
1 Bed
280 sqft
(on 11.43 acres)

Local Information

  • Map ViewExplore the area around 4194 First Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2016
Lot Size
11.43 acres
Living Area
280 sqft
Price/Sqft
$461/sqft
Parking
None

About this House

Located 11 miles north of Ely, just off the renowned Echo Trail, this serene retreat spans 11.46 acres of stunning pink granite and towering century-old White Pines. Constructed in 2016, this 14 x 20 cabin is designed for year-round use, providing a perfect escape from city life and an ideal vantage point for observing the Northern Lights and the expansive northern sky. Nearby, walking access to the Boundary Waters Canoe Area (BWCA) enhances the outdoor experience. This "glamping" cabin features wood heating, a propane cooking stove, a sink with a 5-gallon grey water washstand, an 11 x 14 dining/living area, and an 8 x 11 open bedroom. Guests need only to bring potable water and can enjoy a mostly furnished space equipped with essential amenities. The cabin is powered by three 12-volt ceiling fixtures connected to a marine battery, with the option of using a solar charger for year-round battery maintenance. An inviting 6 x 14 deck at the entrance provides seasonal outdoor space for grilling or relaxation. Additionally, an 8 x 14 woodshed with attached 4-wheeler storage, complete with ramps, is fully stocked and ready for use. The property also includes a vaulted privy system, permitted by St. Louis County, which is scheduled for inspection soon. A cozy outdoor firepit area invites gatherings under the starlit sky, allowing for a truly immersive experience in nature. With a gated entry off the Echo Trail, this 11.46-acre property offers abundant privacy and tranquility.
4194 First Lake Rd, Ely, MN 55731 is a 1 bedroom, 280 sqft single-family home built in 2016. It last sold for the $129,000 asking price on Nov 13, 2025. It is currently off market. The Trulia Estimate is $131,200, with a rent estimate of $1,184/month.

Home Details for 4194 First Lake Rd

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Bedroom, Dining Room
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1
Dimensions and Layout
Living Area: 280 Square FeetFoundation Area: 280
Heating & Cooling
Heating: WoodHas HeatingHeating Fuel: Wood
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: None
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Private Sewer, Outhouse
Finished Area
Finished Area (above surface): 280 Square Feet

Days on Market

Cumulative Days on Market: 125

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 628001001961

Price & Status

Price
List Price: $129,000Price Per Sqft: $461/sqft
Status Change & Dates
Off Market Date: Mon Oct 20 2025

Active Status

MLS Status: SOLD

Location

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

HOA

No HOA

Lot Information

Lot Area: 11.43 Acres

Miscellaneous

Mls Number: 6120238Attribution Contact: ***Above Grade Unfinished Area: 280
Last check for updates: about 16 hours ago
Listed by Jerry Fink, (218) 343-1318
Canoe Capital Realty, LLC
Bought with: Jerry Fink, (218) 343-1318, Canoe Capital Realty, LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6120238

Price History for 4194 First Lake Rd

DatePriceEventSource
11/13/2025$129,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6120238
10/20/2025$129,000PendingLake Superior Area Realtors as distributed by MLS GRID #6120238
08/27/2025$129,000PriceChange
Lake Superior Area Realtors as distributed by MLS GRID #6120238
06/20/2025$134,900Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6120238

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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Comparable Sales for 4194 First Lake Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3784 Fenske Lake Rd Unit 5, Ely, MN
1.89
Single-Family Home
$310,000
06/12/26
2
2
967
1736 N Grassy Rd, Ely, MN
2.69
Single-Family Home
$335,000
10/01/25
2
1
760
2151 Echo Tr, Ely, MN
3.76
Single-Family Home
$135,000
12/05/25
1
-
480
3422 North Arm Rd, Ely, MN
4.71
Single-Family Home
$1,075,000
02/13/26
3
2
2,862
1475 Echo Tr, Ely, MN
5.74
Single-Family Home
$272,500
06/30/26
1
1
1,160
1883 Lindbeck Rd, Ely, MN
5.92
Single-Family Home
$725,000
01/12/26
4
4
2,628
1918 Pine Tree Tr, Ely, MN
6.07
Single-Family Home
$1,078,500
01/13/26
4
3
4,300
1995 Pine Tree Tr, Ely, MN
6.30
Single-Family Home
$489,400
10/03/25
2
1
911
1776 Grant McMahan Blvd, Ely, MN
7.30
Single-Family Home
$279,255
08/18/25
1
-
314

Nearby homes

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Assigned Schools

These are the assigned schools for 4194 First Lake Rd.
View nearby schools on GreatSchools
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 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
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  • 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

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Apartments for Rent

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Homes for sale near 4194 First Lake Rd

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Off Market Homes Near 4194 First Lake Rd

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Frequently asked questions about 4194 First Lake Rd

  • What is 4194 First Lake Rd estimated to be worth?
    Trulia's estimated value for 4194 First Lake Rd in Ely, MN is $131,200.
  • What is the price history for 4194 First Lake Rd?
    4194 First Lake Rd in Ely, MN last sold for $129,000 in November 2025.
  • 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 4194 First Lake Rd?
    The lot at 4194 First Lake Rd in Ely, MN is about 11.4 acres.
Based on information submitted to the MLS GRID as of 2026-08-07 12:47:18 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