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Listed price in listed location currency (USD).
$710,000
$719,900

320

MLS® 7000151

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2480 sqft
Garage Yes
Taxes $2,502
Lot Size 
Approx. Age 2005
Avg. Price Per Sqft $290
MLS® Number 7000151

Property Address: 540 Loop Rd, Ely, MN, 55731-8273

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7000151
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2005
BasementBlock, Finished, Full
DrivewayDetached Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Main Floor13 × 10 ft
Other:Main Floor11 × 10 ft
Family Room:Lower Level122 × 16 ft
Bedroom 2:Main Floor10 × 10 ft
Bedroom 3:Lower Level16 × 10 ft
Living Room:Main Floor23 × 13 ft
Loft:Upper Level27 × 29 ft
Utility Room:Lower Level11 × 12 ft

Price History

Feb 7, 2026End Date
$710,000Sold Price

Sold

Dec 16, 2025List Date
$719,900List Price
  • Commute

Commute

Starting Address
Destination Address
540 Loop Rd, Ely, MN

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