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!
For sale
$599,000
2734 Bear Island River Rd, Ely, MN 55731
2beds
1,172sqft
Est.:
Single Family Residence
Built in 1972
0.75 Acres Lot
$572,300 Zestimate®
$511/sqft
$-- HOA
What's special
Everything on one levelShed for gearEvenings on the shoreSouthwest exposureBright eat-in kitchenComfortable bedrooms
- 13 days |
- 1,670 |
- 35 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 05:04am
Listed by:
Andrea Zupancich 218-749-0159,
Z' Up North Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124119
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/4 bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8 x 12
Bedroom
- Level: Main
- Area: 210 Square Feet
- Dimensions: 14 x 15
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Living room
- Level: Main
- Area: 336 Square Feet
- Dimensions: 28 x 12
Office
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8 x 8
Heating
- Propane, Electric
Cooling
- None
Appliances
- Included: Water Heater-Electric, Range, Refrigerator
Features
- Basement: N/A
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total interior livable area: 1,172 sqft
- Finished area above ground: 1,172
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Has view: Yes
- View description: Inland Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private)
- Body of water: Bear Island
- Frontage length: 266
Lot
- Size: 0.75 Acres
- Dimensions: 315.00 x 242.00
Details
- Additional structures: Storage Shed
- Foundation area: 864
- Parcel number: 625002600650
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1972
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Private Sewer
- Water: Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $456,600
- Annual tax amount: $4,765
- Date on market: 3/20/2026
- Listing terms: Cash,Conventional
Estimated market value
$572,300
$544,000 - $601,000
$1,920/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Listed for sale | $599,000-13.8%$511/sqft |
Source: Range AOR #149639 Report a problem | ||
| 12/26/2025 | Listing removed | $695,000$593/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6122301 Report a problem | ||
| 10/6/2025 | Listed for sale | $695,000+1058.3%$593/sqft |
Source: Range AOR #149125 Report a problem | ||
| 6/25/2020 | Sold | $60,000$51/sqft |
Source: Public Record Report a problem | ||
| 9/14/2015 | Sold | $60,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,750 +2.6% | $456,600 +24.7% |
| 2023 | $4,630 -3.9% | $366,300 +12.1% |
| 2022 | $4,820 +37.8% | $326,800 +6.1% |
| 2021 | $3,498 | $308,000 +11.6% |
| 2020 | $3,498 | $275,900 |
| 2019 | $3,498 -6% | $275,900 -7.1% |
| 2018 | $3,722 -0.1% | $297,100 |
| 2017 | $3,724 +0.1% | $297,100 -4.8% |
| 2016 | $3,722 -5.1% | $312,200 +4.8% |
| 2015 | $3,924 +14.9% | $297,800 |
| 2014 | $3,414 +2% | $297,800 -3% |
| 2013 | $3,348 -9.9% | $306,900 -15.6% |
| 2012 | $3,715 +20% | $363,600 -1.1% |
| 2011 | $3,095 +0.7% | $367,700 |
| 2010 | $3,073 | $367,700 |
| 2009 | $3,073 +54% | $367,700 +51.3% |
| 2008 | $1,995 +7.6% | $243,000 +15% |
| 2007 | $1,854 +47.8% | $211,300 +15% |
| 2006 | $1,254 +25% | $183,700 +47.6% |
| 2004 | $1,004 +47.9% | $124,500 +28.9% |
| 2003 | $679 +61.8% | $96,600 +14.3% |
| 2002 | $419 -33.5% | $84,500 +9.2% |
| 2001 | $630 +20.6% | $77,400 +8.6% |
| 2000 | $523 | $71,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,623/mo
Principal & interest
$3089
Property taxes
$534
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Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 9.7 mi
- 6/10Memorial Middle SchoolGrades: 6-8Distance: 9.7 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 9.7 mi
Local experts in 55731
- Minnesota
- Saint Louis County
- Ely
- 55731
- 2734 Bear Island River Rd
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