$599,000
1347 Wa••••• Rd (Sign up for 50 free credits to unlock)Ely, MN 55731
Property Description
A rare Northwoods treasure on beautiful Eagles Nest Lake 2, this meticulously maintained custom log home offers the kind of lakefront setting buyers dream about. Privately tucked on approximately 1.55 wooded acres with an extraordinary 295 feet of picturesque shoreline, the property boasts a premier location along the scenic channel connecting Eagles Nest Lakes 1 and 2. The result is a peaceful, nature-filled retreat with stunning water views and exceptional access for paddling, fishing, boating, and quiet days along the shoreline. Crafted to embrace its spectacular surroundings, the home blends timeless log construction, refined comfort, and authentic Up North character. The main level welcomes you with an open, airy feel, vaulted ceilings, and a spacious living room centered around a grand wood-burning fireplace built with hand-picked local stone. It is the perfect gathering place after a day on the lake or a snowy winter afternoon in the woods. The updated kitchen and comfortable dining area flow seamlessly to the wraparound deck, creating effortless indoor-outdoor living for lakeview meals, morning coffee, summer entertaining, and peaceful evenings surrounded by nature. Upstairs, the primary suite feels like a private retreat, complete with a sitting area, ensuite bath, and thoughtfully designed built-ins that add both charm and functionality. All-new Marvin windows, new entry doors, generous storage, and quality updates enhance the home's comfort, efficiency, and long-term value while preserving its warm cabin character. The walkout lower level expands the living space with a comfortable family room featuring a second fireplace, a large full bath, laundry and utility areas, and additional storage. With direct access to the lakeside patio, this level is ideal for year-round enjoyment, whether you are gathering by the fire in winter or stepping outside for summer days by the water. Adding even more versatility, the oversized two-stall garage includes a workshop and a charming finished bonus room above. Filled with natural light and offering generous square footage, this inviting space is well suited for a studio, crafting room, or extra space for family and friends. Outdoors, beautiful perennial gardens, vegetable gardens, lakeside decking, and inviting seating areas create a serene setting for grilling, relaxing, entertaining, and fully embracing the Northwoods lake lifestyle. Private, beautifully cared for, and rich with craftsmanship.
Property Facts & Features
- Property Type
- Single Family
- Status
- Active
- Listed
- Apr 30, 2026
- Price per Sq Ft
- $499/sqft
- ZIP Code
- 55731
- Full Baths
- 1
- Garage
- 2 spaces
- Parking
- Driveway Gravel
- Heating
- Fireplace, Forced Air, Propane
- Cooling
- Window
- Property Tax (2026)
- $3,344/yr
- Assessed Value
- $402,530
- Last Sold
- $270,000 · Feb 3, 2004
- County
- St. Louis
- School District
- St. Louis County School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14' x 24'
- Primary Bedroom Level: Upper
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
- Bathroom 1 Dimensions: 7'3" x 7'6"
- Bathroom 2 Dimensions: 8' x 5'10"
- Bathroom 1 Level: Upper
- Bathroom 2 Level: Lower
Land Info
- Lot Description: Accessible Shoreline, Tree Coverage - Medium
- Lot Size Acres: 1.55
- Lot Size Dimensions: 250 x 280
- Lot Size Square Feet: 67518
Utilities
- Sewer: Private, Mound
- Water Source: Drilled
Appliances
- Dryer
- Microwave
- Range/Stove
- Refrigerator
- Washer
Other Rooms
- Bonus Room Dimensions: 11'6" x 25'6"
- Basement Features: Partially Finished, Walkout, Fireplace, Utility Room, Washer Hook-Ups, Dryer Hook-Ups, Concrete Block
- Family Room Dimensions: 11'7" x 23'
- Living Room Dimensions: 15' x 24'
- Family Room Level: Lower
- Living Room Level: Main
- Basement Description: Full
Home Features
- View: Inland Lake, Panoramic
- Other Equipment: Fuel Tank-Rented, Water Filtration System, Water Heater-Electric, Water Softener-Owned
Interior Features
- Garage Door Opener
- Vaulted Ceilings
- Patio Door
Garage and Parking
- Garage Spaces: 2
- Garage Description: Detached
- Garage Features: Bedroom,Electrical Service,Heat,Insulation,Slab
- Parking Features: Driveway - Gravel
- Garage Dimensions: 12 x 26
Kitchen and Dining
- Dining Area Description: Combine with Kitchen
- Dining Room Dimensions: 13' x 10'
- Dining Room Level: Main
- Kitchen Dimensions: 13' x 14'
- Kitchen Level: Main
School Information
- School District: St. Louis County #2142
Heating and Cooling
- Cooling Features: Window
- Fireplace Features: Wood Burning
- Heating Features: Fireplace, Forced Air, Propane
- Heating: Yes
- Number of Fireplaces: 2
Other Property Info
- Annual Tax Amount: 3259
- Source Listing Status: Active
- County: St. Louis County
- Directions: From Ely, travel west on Hwy 169 12.5 miles to Bearhead State Park Road. Turn left and follow 1.9 miles to Walsh Road. Turn right and follow to # 1347 on the right.
- Tax Year: 2026
- Area: LSAR
- Source Neighborhood: LSAR
- Parcel Number: 317-0070-00030
- Property Subtype: SF/Detached
Building and Construction
- Total Square Feet Living: 1200
- Year Built: 1973
- Above Grade Finished Area: 900
- BelowGradeFinishedArea: 300
- Building Exterior Type: Log
- Other Buildings: Storage Shed,Bunkhouse
- Property Age: 53
- Roof: Metal
- Levels or Stories: 1.25 - 1.75 Story
- Structure Type: Log Home
- House Style: Log
- Year Built Details: Previously Owned
- Vaulted Ceiling: Yes
Exterior and Lot Features
- Deck
- Dock
- Road Frontage Type: County, Paved, Township
- Road Maintenance: Public
- Deck: Yes
Waterfront and Water Access
- Water Body Name: Eagles Nest 2
- Inland Lake
- Waterfront Feet: 295
Location
Lat 47.82079 · Lng -92.10381