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1804 Bay Rd, Ely, MN, 55731

$649,000

Home List Price

$7,707*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
2,920 SqFt
$222/SqFt
House

Location

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1804 Bay Rd, Ely$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage6 spaces
Year Built1987
HeatingForced Air
CoolingNone
BasementYes
WaterfrontLake Front
FireplaceWood Burning
MLS #6563910
StatusActive

About 1804 Bay Rd

Nestled approximately 12 miles south of Ely, this 3BR/3BA Birch Lake home sits on a 3-acre point, offering unparalleled views of Birch Lake from three sides. With 675 feet of accessible, user-friendly shoreline, with sandy beach. Huge living/dining room with a cozy wood-burning brick fireplace, lakeside room with vaulted ceilings and panoramic lake views, en-suite primary bedroom, main floor laundry, knotty pine cabin feel throughout for full Up North Cabin feels. Lower level has a roomy rec room and two other rooms used as bedrooms (non-egress) but great for a library, den, exercise room, etc. Outdoor bliss with large front deck, firepit, dock in a quite bay (great fishing shhh) and end of the road privacy. You'll love the sites, sounds, and fresh forest smells of this hidden retreat. Don't miss out!

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Living Area: 2,920 SqFt

Listing Office:

  • Office Name: z'Up North Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Cty Rd 120 to Birch Lake Road, down to North Bay Homesites, continue straight in Fire number.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $222/SqFt
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Housing Market Comparison

See how this home compares to others in Ely, MN.

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Ely, MN

City

Med. Sold Price

$199K

Med. Price/SqFt

$145

Avg. Days On Market

68

# of Sold Homes

8

1804 Bay Rd vs Ely

162 DAYS ON ROCKET

+94 Days

$649,000

+$450K More

$222/SqFt

+$77 More

KEY TAKEAWAY

This property is $450K more than the Median Sold Price and $77/SqFt more than other homes in Ely, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6563910

Listing Office:

  • Office Name: z'Up North Realty, Inc.

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Last updated on: 12/17/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4442382
4
/10

  • Babbit Elementary School

  • 30 South Dr

  • 5.01 miles

  • Public District Grades PK-6

school-card-donut-4442383
7
/10

  • Washington Elementary School

  • 600 E Harvey St

  • 9.89 miles

  • Public District Grades PK-5

school-card-donut-4442384
2
/10

  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 18.95 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,745. The most common annual income of people living in Ely, MN is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1804 Bay Rd

What is the listing price of this property?

The listing price of 1804 Bay Rd property is $649,000.

What type of property is this?

The property 1804 Bay Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 1804 Bay Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1804 Bay Rd has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1804 Bay Rd is 2,920 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1804 Bay Rd is 1987.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›1804 Bay Rd

This home is located at 1804 Bay Rd in Ely, MN and zip code 55731. This 2,920 square foot home was built in 1987. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $649,000.

Over 0 listings were sold over their listed price in November 2024 in Ely, MN. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Ely, MN decreased by 16.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $199,000, while the average time on the real estate market was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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