4994 Big Lake Rd, Ely, MN, 55731
2beds
1baths
400sqft
$200,000
$500price/sqft
$1,517/moest. monthly cost
$60,680/yrincome needed
About This Home
Cabin in the wilderness on Big Lake in Ely. 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 ¾ 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.
Getting Around
0
Car-Dependent0
Very Limited Transit17
Somewhat BikeableSchools
5/10
6/10
Construction
Condition
- Property condition: Previously Owned
- Year built: 1950
Materials
- Roof: Metal
- Construction materials: Wood,Frame/Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Rustic
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Range,Refrigerator
Bathroom
- Level: Main
- Area: 40
- Dimensions: 5 x 8
Bedroom
- Level: Main
- Area: 64
- Dimensions: 8 x 8
Bedroom
- Level: Main
- Area: 64
- Dimensions: 8 x 8
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Features
- Natural Woodwork
- Window features: Vinyl Windows
- Finished area below ground: 0
- Finished area above ground: 400
Heating & Cooling
- Heating features: Wall Unit(s),Propane
- Cooling features: None
Interior Area
- Total interior livable area: 400 sqft
Living Room
- Level: Main
- Area: 165
- Dimensions: 15 x 11
Property
Details
- Parcel number: 629003200050
- Zoning description: Residential-Rec Business
- Foundation area: 396
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Inland Lake,Panoramic
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Inland Lake,Waterfront Access(Private),Shoreline Characteristics(Elevation-Medium)
- Waterbody name: Big Lake
- Frontage length: 1500
Lot
- Lot size: 7,840 sqft
- Features: Accessible Shoreline,Tree Coverage - Medium
- Lot size dimensions: 110 x 75
Parking
- Parking features: Off Street,None
- Has uncovered spaces: Yes