2734 Bear Island River Road, Ely, MN 55731

$599,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,172 Lot Size (sq. ft.): 42,253 Status: Active
Current Price: $599,000 List Date: 3/31/2026 Last Modified: 4/08/2026

Overview

Description

Stop the scroll—this is the lake place you’ve been waiting for! With 266 feet of prime shoreline, this one-level 2+ bedroom, 2 bath cabin is perched perfectly for sweeping island views, southwest exposure, and jaw-dropping sunsets over Bear Island Lake. Inside, enjoy a bright, eat-in kitchen where you can watch the lake sparkle while you dine, plus comfortable bedrooms and two baths with plenty of room for everyone. The living is easy with everything on one level. Outside, you’ll find a 22x26 detached garage, shed for gear, and outdoor spaces that make lake living a dream. Imagine evenings on the shore, campfires with friends, and mornings where the only sound is the call of a loon. Lovingly held as a long-time family cabin, this retreat is now ready for new memories. Whether you’re looking for weekends of relaxation or a forever place by the water, this property delivers all the Up North vibes. Don’t miss this rare opportunity to claim your spot on Bear Island Lake!

Listing Details MLS# 7046331

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
266
Waterfront Present
Yes
Year Built
1972
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Main Floor Total SqFt
1172
Above Grd Total SqFt
1172
Total SqFt
1172
Total Finished Sqft
1172.00
FireplaceYN
Yes
Lake/Waterfront Name
Bear Island River
Bath Quarter
Yes
Style
(SF) Single Family
Foundation Size
1172
Garage Stalls
2
Lot Dimensions
315.00 x 242.00
Acres
0.97
Bath Three Quarters
0
Bath Half
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Appliances: Range; Refrigerator Basement: None Bath Description: Main Floor Full Bath Construction Materials: Frame Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Wood Fireplace Characteristics: Gas Burning Foundation: Slab Fuel: Propane Heating: Baseboard Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: Private Sewer Special Search: All Living Facilities on One Level Stories: One Water: Drilled

Contract Information

Contingency
None
Original List Price
599000
ListPrice
599000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2734
Street Name
Bear Island River
Street Suffix
Road
Postal City
Ely
County
St. Louis
State
MN
Zip Code
55731
Complex/Dev/Subdivision
Lahti Land First Add To

Assessments

Assessment Balance
85
Tax With Assessments
4850

Basement

Foundation Dimensions
24 x 36
None
Yes

More Information

Building Information

Finished SqFt Above Ground
1172

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
26 x 22
Garage Square Feet
572

Public Survey Info

Range#
13
Section#
Yes
Township#
60

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT: 0048 BLOCK:002
Listing City
Ely
Map Page
999
Municipality
Ely
School District
Ely
School District Phone
218-365-6166
DNR Lake Classification
Not Applicable
Zip Plus 4
6950
Property ID Number
625002600650
Tax Year
2026
Tax Amount
4765
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Stop the scroll—this is the lake place you’ve been waiting for! With 266 feet of prime shoreline, this one-level 2+ bedroom, 2 bath cabin is perched perfectly for sweeping island views, southwest exposure, and jaw-dropping sunsets over Bear Island Lake. Inside, enjoy a bright, eat-in kitchen where you can watch the lake sparkle while you dine, plus comfortable bedrooms and two baths with plenty of room for everyone. The living is easy with everything on one level. Outside, you’ll find a 22x26 detached garage, shed for gear, and outdoor spaces that make lake living a dream. Imagine evenings on the shore, campfires with friends, and mornings where the only sound is the call of a loon. Lovingly held as a long-time family cabin, this retreat is now ready for new memories. Whether you’re looking for weekends of relaxation or a forever place by the water, this property delivers all the Up North vibes. Don’t miss this rare opportunity to claim your spot on Bear Island Lake!
Directions
Hwy 21 to Bear Island River Road, stay to the right at the T and follow to address on the left.

Accessible

None
Yes

Air Conditioning

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Bath Description

Main Floor Full Bath
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Electric

100 Amp Service
Yes

Exterior

Wood
Yes

Fireplace Characteristics

Gas Burning
Yes

Foundation

Slab
Yes

Fuel

Propane
Yes

Heating

Baseboard
Yes

Insurance Fee

Insurance Fee
0

Lake Details

Lake Depth
No

Lake/Waterfront

Lake Front
Yes

Patio, Porch and Deck Features

Deck
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Private Sewer
Yes

Special Search

All Living Facilities on One Level
Yes

Stories

One
Yes

Water

Drilled
Yes

Room Information

Den Dimensions: 8 x 8 Level: Main First (1st) Bedroom Dimensions: 12 x 8 Level: Main Kitchen Dimensions: 12 x 12 Level: Main Living Room Dimensions: 12 x 28 Level: Main Second (2nd) Bedroom Dimensions: 15 x 14 Level: Main

Documents

Listing Office: Z'Up North Realty, Inc.
IDX
Last Updated: April - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.