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About This Home

This 2-bedroom, 1-bathroom single family at 4996 Big Lake Rd in Ely, MN is listed for $222,500 ($556 per sqft). Built in 1950, the home offers 400 sqft of living space on a 0.18 acres lot.

Agent Description

Big Lake Wilderness Retreat CIC. . Investment opportunity. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a 3/4 bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft.

Excellent fishing. For your private use and enjoyment and also allows for rentals. Rentals managed by an on-site well established management company. General maintenance taken care of as part of the income split. Includes a newer pontoon boat for you and renters to use. The cabin is completely furnished and well cared for.

Key Features

  • Built in 1950
  • 0.18 acre lot
  • Waterfront

Property Details

1 story
1 full
1950

Amenities

Waterfront

Monthly Cost Estimate

$4,190/mo

20% down · 6.5% · 30 years

Principal$161
Interest$964
Insurance$65
HOA$3,000

Estimates only. Actual payments may vary.

Location

4996 Big Lake Rd

Ely, MN 55731

Property Details

Pool Features

Deck

Heating

Natural GasPropane (Heating)

Appliances

MicrowaveRefrigeratorGas Range

Questions & Answers

This 2-bedroom, 1-bathroom single family at 4996 Big Lake Rd is listed at $222,500 ($556/sqft). The estimated monthly payment is $3,964 based on 20% down at 6.5% interest.

HOA fees are $3000/month.

Key features include: Built in 1950, 0.18 acre lot, Waterfront.

This property is listed by Lisa Poppenhagen and can be reached at 2182357836.

LP

Lisa Poppenhagen

Agent at Ely Realty

(218) 235-7836

Listed by Ely Realty · View on Broker Site

MLS# 149778· Source: listhub· Updated today

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4996 Big Lake Rd, Ely, MN 55731

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