7273 Ely Lake DR Pending

Fayal Twp,MN 55734

$ 565000

4 Beds

2 Baths

2144 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,144 sqft

Price per Sqft $263

Subdivision Ely Lake Cottage Sites

MLS Listing ID 6596666

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1966

Annual Tax Amount $3,910

Tax Year 2024

Lot Size 2.100 Acres

Property Description

Showings begin 2pm Mon, 9/16. No showings Fri & Sat 9/20 & 21.

This is everything you can dream of in a perfect year-round lake home. Located on popular Ely Lake in Eveleth/Fayal Township, this stunning mid-century modern home was custom designed by architect Michael McGuire for the one family that?s homesteaded here it?s entire life. It is brilliantly sited on the lake?s most tranquil bay with a gradual 2.1 acre lot offering complete privacy and 253ft of crystal clear shoreline. Its Western exposure showcases amazing lake and sunset views. The landscaping features a beautiful heritage flower garden, many perennial plantings, and decorative trees ? all framed by gorgeous mature White Pines. No need to walk stairs to get to shore as the home is just steps from (and level to) the water?s edge. You will enjoy incredible swimming, fishing, boating, snowmobiling, saunaing, and relaxing in this peaceful retreat.

Interior features include a wall of lake-facing sliding glass doors, 4 large bedrooms, a bathroom on each floor, 2-sided wood burning fireplace, custom Birch doors and frames throughout, and tasteful rough-cut Cedar accents. Also included is a 3-car garage w/metal roof, dock, large sauna with changing room, large lake-facing screened porch, asphalt drive, and city sewer & gas. The home was re-roofed in 2021 and a new well was installed in 2011.

It is located 2.75 hours from the Twin Cites with convenient access (10-20 minutes) to charming downtown Eveleth, Gilbert, Virginia & Giants Ridge.

Ely Lake is spring-fed and known for its size, depth, water clarity, quality fish stock, and lack of weeds. The island at the center of the lake (just a 10 minute canoe paddle) is an amazing secret getaway ? you?ll feel like you?ve been magically transported to the pristine beauty of the Boundary Waters.

Owner is a licensed MN Real Estate Agent.

Location

State MN

County St. Louis

Zoning Residential-Single Family

Rooms

Dining Room Eat In Kitchen

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Fireplaces Type Two Sided,Wood Burning

Exterior

Garage Detached

Garage Spaces 3.0

Waterfront true

Waterfront Description Dock,Lake Front,Lake View

View Bay,Lake,Panoramic,West

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Tree Coverage - Heavy

Story Split Entry (Bi-Level)

Foundation 1024

Sewer City Sewer/Connected

Water Well

Structure Type Cedar

New Construction false

Schools

School District Eveleth-Gilbert

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