$719,900
540 Loop Rd Ely, MN 55731 - Farm
For Sale MLS# 149371
3 beds 2 baths 2,480 sq ft Single Family
Details for 540 Loop Rd
MLS# 149371
Description for 540 Loop Rd, Ely, MN, 55731 - Farm
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.
Listing Information
Property Type: Residential, 1 1/2 Story
Status: Active
Bedrooms: 3
Bathrooms: 2
Lot Size: 2.60 Acres
Square Feet: 2,480 sq ft
Year Built: 2007
Garage: Yes
Construction: Wood Frame
School Information
District: Ely-696
Room Information
Main Floor
Bedroom 1: 10x11
Bedroom 2: 10x10
Kitchen: 10x13
Living Room: 13x23
Upper Floor
Other: 29x27
Lower Floor
Bedroom 3: 10x16
Other: 12x11
Recreation Room: 16x122
Additonal Room Information
Other: Dining Room (na)
Interior Features
Square Footage above: 780 sq ft
Square Footage below: 850 sq ft
Appliances: Refrigerator, Washer, Dishwasher, Microwave, Elec. Dryer, Electric Range
Basement: Walkout, Full, Block
Fireplaces: Free Standing, Wood Burning
Utilities
Other Utilities: Septic,Well
Cooling: Multi-Window A/C, Ceiling Fan
Heating: Electric, Wood
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Garage Description - 2 Stalls,Detached, Garage Dimensions - 24x26
Exterior: Log
Roof: Shingle, Asphalt
Additional Exterior/Lot Features: Enclosed, Screened, Porch, Covered, Deck
Waterfront Details
Standard Water Body: Farm
DNR Lake ID: 38078200
Water Front Features: 1 - Lake
Financial Considerations
Tax/Property ID: 28-6311-33337
Tax Amount: 2615
A broker reciprocity listing courtesy: z' Up North Realty
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 540 Loop Rd
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 540 Loop Rd
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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