See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4151 Mud Creek Rd, Ely, MN, 55731

2beds
1baths
1,188sqft
$589,000
$496price/sqft
$3,695/moest. monthly cost
$147,800/yrincome needed

About This Home

Quality handcrafted log home on 20± acres! This exceptional property is a recreational paradise with year-round access, conveniently located near Ely and Lake Vermilion. The beautifully crafted button-pass log home features an open-concept floor plan with a cozy wood-burning fireplace and a modern kitchen complete with cherry cabinetry, granite countertops, tile backsplash, and stainless-steel appliances. The main level includes a bedroom, full bathroom, and laundry area for convenient one-level living. The spacious loft offers flexibility as a second bedroom, home office, or additional living space. An attached, heated two-car garage provides ample storage and potential for future expansion or additional living space. A standout feature is the impressive 45' x 72' pole building with a concrete floor—perfect for storing recreational vehicles, equipment, and all your outdoor toys. Designed for self-sufficient living, the home is off-grid with solar power, generator backup, propane in-floor heat, a private well, and septic system. The scenic 20± acre parcel is filled with beautiful pines, wooded views, and exceptional privacy. An additional driveway provides access to a potential future building site. Located on a publicly maintained dead-end road, the property offers direct access to trails, Lake Vermilion, and endless Northern Minnesota outdoor recreation opportunities. Whether you're seeking a seasonal retreat or a year-round Up North lifestyle, this property has it all.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

5/10
6/10
Northeast Range SecondaryGrades 7-1213.9 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2010

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Log,Log Home

Type & Style

  • Home type: SingleFamily
  • Architectural style: Log
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Utility Room

Bedroom

  • Level: Upper
  • Area: 280
  • Dimensions: 17.5 x 16

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Kitchen Island,Natural Woodwork,Vaulted Ceilings
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,188

Heating & Cooling

  • Heating features: In Floor Heat,Propane
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,188 sqft

Kitchen

  • Level: Main
  • Area: 320
  • Dimensions: 20 x 16

Laundry

  • Level: Main
  • Area: 48
  • Dimensions: 8 x 6

Living Room

  • Level: Main
  • Area: 181.25
  • Dimensions: 14.5 x 12.5

Master Bedroom

  • Level: Main
  • Area: 135
  • Dimensions: 10 x 13.5

Property

Details

  • Parcel number: 317001001503
  • Other equipment: Generator
  • Foundation area: 784

Features

  • Patio & porch: Patio

Lot

  • Lot size: 20 Acres
  • Features: Tree Coverage - Heavy,High,Rolling Slope
  • Lot size dimensions: 660' x 1,320'

Parking

  • Total spaces: 2
  • Parking features: Gravel,Attached,Multiple,Electrical Service,Heat,Slab
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in St. Louis County and Minnesota

Fire
Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,978$35,736
Home Insurance *$166$1,992
Property Taxes $381$4,572
Electricity $170$2,050
Total$3,695$44,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,685/yr
40% on housing$110,850/yr
45% on housing$98,533/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$496This listing

vs Other Active Listings

Avg $/sqft

ZIP 55731$212
St. Louis County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 55731
St. Louis County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-03Listed for sale$589,000

For Sale by Agent

AgentAnna Yahnke
BrokerageBear Island Realty LLC

Similar Homes