540 Loop Road, Ely, MN 55731
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
Listed by: andrea ellen zupancich
Office: z'up north realty, inc.
MLS#:7000151
Source:ND_FMAAR
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:24 day(s) ago
- Updated:January 10, 2026 at 04:32 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
- Year built:2005
- Building area:2,480 sq. ft.
- Lot area:2.62 Acres
Utilities
- Water:Drilled
- Sewer:Mound Septic
Finances and disclosures
- Price:$719,900
- Price per sq. ft.:$290.28
- Tax amount:$2,615
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