# 4996 Big Lake Rd, Ely, MN 55731 > **TL;DR:** 2bd/1ba single family, $222,500 ($556/sqft), built 1950, 400 sqft. > Waterfront. Est. $4,190/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $222,500 | | Price/sqft | $556 | | Bedrooms | 2 | | Bathrooms | 1 full | | Square Feet | 400 | | Year Built | 1950 | | Lot Size | 7,841 sqft (0.18 acres) | | Stories | 1 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,125 | | Estimated Insurance | $65 | | HOA | $3,000 | | **Total** | **$4,190** | ## Key Amenities - Waterfront ## Property Highlights - Built in 1950 - 0.18 acre lot - Waterfront ## Description ### 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. ## Location - **Address:** 4996 Big Lake Rd, Ely, MN 55731 - **Coordinates:** 48.085425, -92.008305 - **Google Maps:** https://www.google.com/maps?q=48.085425,-92.008305 ## Listing Agent - **Name:** Lisa Poppenhagen - **Brokerage:** Ely Realty - **Phone:** 2182357836 - **Broker Phone:** 2183652100 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4996-Big-Lake-Rd_Ely_MN_55731_M91261-13936?f=listhub&s=RAORMN&m=149778&c=propsimple) ## Photos ![4996 Big Lake Rd - Photo 1](http://lh.rdcpix.com/f2581c74c7a096d6dd9ebe2702efec37l-f3448436599r.jpg) ![4996 Big Lake Rd - Photo 2](http://lh.rdcpix.com/f2581c74c7a096d6dd9ebe2702efec37l-f3687901180r.jpg) ![4996 Big Lake Rd - Photo 3](http://lh.rdcpix.com/f2581c74c7a096d6dd9ebe2702efec37l-f2616906140r.jpg) ![4996 Big Lake Rd - Photo 4](http://lh.rdcpix.com/f2581c74c7a096d6dd9ebe2702efec37l-f3221748282r.jpg) ![4996 Big Lake Rd - Photo 5](http://lh.rdcpix.com/f2581c74c7a096d6dd9ebe2702efec37l-f3848576826r.jpg) --- **MLS#:** 149778 | **Updated:** 2026-05-31 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/4996-big-lake-rd-ely-mn-55731-n149778) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/4996-big-lake-rd-ely-mn-55731-n149778#listing", "url": "https://www.propertysimple.ai/listing/4996-big-lake-rd-ely-mn-55731-n149778", "name": "4996 Big Lake Rd, Ely, MN 55731", "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. 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