540 Loop Road, Ely, MN 55731

Local realty services provided by:CENTURY 21 FM Realty
540 Loop Road,Ely, MN 55731
$719,900
  • 3 Beds
  • 2 Baths
  • 2,480 sq. ft.
  • Single family
  • Active
Listed by: andrea zupancich
Office: z'up north realty, inc.
MLS#:7000151
Source:NSMLS

Price summary

  • Price:$719,900
  • Price per sq. ft.:$290.28

About this home

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.

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Home facts

  • Year built:2005
  • Listing ID #:7000151
  • Added:1 day(s) ago
  • Updated:December 17, 2025 at 04:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Living area:2,480 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt
  • Year built:2005
  • Building area:2,480 sq. ft.
  • Lot area:2.62 Acres

Utilities

  • Sewer:Mound Septic

Finances and disclosures

  • Price:$719,900
  • Price per sq. ft.:$290.28
  • Tax amount:$2,502 (2025)
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