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Active NEW!
$719,900
/mo Edit
Single Family:  1.5 Stories
3 br • 2 ba • Built 2005
2,480 sqft • 2.62 acres
MLS# 7000151
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    Property Description

    Here's a Northwoods retreat people dream about but rarely find. This handcrafted log home on Farm Lake wraps you in warmth the moment you walk in — over 2, 400 sq ft, wrapped in timber and sunlight. The main level is designed for togetherness: new custom kitchen cabinets, quartz countertops, a comfortable dining area, and a living room anchored by a cozy wood-burning stove. Two bedrooms & a full bath complete this level. Head up to the 700+ sq ft loft, with soaring ceilings, built-ins, and sweeping views make the space feel tucked-away and inspiring an artist’s nook or simply reading a book while the pines sway outside your window. The walk-out level is its own retreat, featuring the Primary Suite, a utility/laundry room, and a rec room made for hosting. Private woods take you to the 220 ft of shoreline. Incredible view from the custom built 100 ft perm newer dock, complete with benches and a kayak step, makes slipping into the lake a breeze Best of all the BWCA is just a paddle away.

    Listing

    Contingency: None
    Price per sq ft: $290
    City: Ely
    County: Lake
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55731

    Interior

    Living Area: 2,480 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Electric Water Heater
    • Microwave
    • Range
    • Washer
    Fireplace Details: Wood Burning
    Basement Details:
    • Block
    • Finished
    • Full

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 24 x 26
    Garage Size: 572 ft2
    Air Conditioning: Window Unit(s)
    Foundation Size: 850 ft2
    Foundation Dimensions: 28 x 30
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features: Detached Garage
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details: Main Floor Full Bath
    Upper Level Size Sq Ft
    Loft  29 x 27  783 
    Main Level Size Sq Ft
    Bedroom  10 x 11  110 
    Kitchen  10 x 13  130 
    Living Room  13 x 23  299 
    Bedroom 2  10 x 10  100 
    Lower Level Size Sq Ft
    Family Room  16 x 122  1,952 
    Bedroom 3  10 x 16  160 
    Utility Room  12 x 11  132 

    Lot & Land

    Acres: 2.62
    Geolocation: 47.903187, -91.745956
    Lot Dimensions: 225.00 x 475.00
    Zoning: Residential-Single Family

    Schools

    School District: 1544
    District Phone: 2188348216

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,502
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $2,615
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System:
    • Electric
    • Wood
    Sewer System: Mound Septic
    Water System: Drilled
    Power Company Name: Minnesota Power

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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