540 Loop Road, Ely, Minnesota 55731

MN, Ely
$719,900
  • 3 Beds
  • 2 Bath
  • Residential Property Type
  • 2005 Year Built
  • Active Status
See All 20 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 7000151
  • Price: $719,900
  • Year Built: 2005
  • Listing Status: Active
  • Office Name: Z'Up North Realty, Inc.
  • Full Bathrooms: 1
  • Property Sub Type: Single Family Residence
  • Roof: Asphalt
Features
  • Heating System Baseboard
  • Cooling System Window Unit(s)
  • Basement Full,Finished,Block
  • Fireplace Wood Burning
  • Parking Detached Garage
  • Fireplaces Total: 1
  • Sewer Mound Septic
Appliances
  • Dishwasher
  • Dryer
  • Microwave
  • Washer
  • Range
  • Electric Water Heater
Address Map
  • Country US
  • State MN
  • County Lake
  • City Ely
  • Zipcode 55731
  • Street: Loop
  • Street Number: 540
  • Street Suffix: Road
  • Directions: Hwy 169 N to Kawishiwi Trail, Right to Bay Road, Left to Loop Road, right to fire number.
Neighborhood
  • High School District: Lake Superior
MLS Addon
  • Office Name: Z'Up North Realty, Inc.
Additional Information
  • Water Source: Drilled
  • Accessibility Features: None
  • Construction Materials: Frame
  • Electric: 200+ Amp Service
  • Garage: 2
  • Levels: One and One Half
  • Lot Size Dimensions: 225.00 x 475.00
Financial
  • Tax Annual Amount: 2502
Listing Information
  • List Agent Mls Id: 502500259
  • List Office Mls Id: 25782
  • Modification Timestamp: 2025-12-17T11:02:10Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$