Lori Gustafson

3530 North Arm Road

Ely, MN
$ 887,900 Beds 2 Baths 1 Sq 525 Virtual Tour
Monthly Estimate* How much can I afford?

Rare Burntside Lake Opportunity-A Beloved Family Cabin, Never Before Offered On The Market! This charming, meticulously maintained 2 bedrm cabin situated on a level lot offers the opportunity to own a truly special piece of Burntside Lake history. Nestled on one of northern Minnesota's most sought after lakes, Burntside is know for its pristine waters, rock outcroppings, spectacular Northwoods scenery, abundant wildlife and proximity to the Boundary Waters Canoe Area. With more than 7000 acres of crystal-clear water, over 100 islands, and surrounding Superior National Forest, Burntside provides unmatched Northwoods setting. Known as the gateway to the Boundary Waters, the lake offers exceptional boating, fishing, paddling and outdoor recreation right from your doorstep. Add in towering pines, wildlife, breathtaking views and the peaceful call of the loons, and it's easy to understand why this magical lake is such a sought after place to own a piece of northern Minnesota.

Single Family

  • Price
  • $ 887,900
  • City
  • Ely
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SAINT LOUIS
  • Half Bathrooms
  • 0
  • Area
  • Ke Wa Ne Na Beach 64 13
  • Lot Size
  • 2.1 Acres
  • Zip
  • 55731
  • Sqr Footage
  • 525
  • Year Built
  • 1958
  • Taxes
  • $ 3961
  • Style
  • Single Family
  • MLS#
  • 7130097
Listed By: Vermilion Land Office, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 525
Sewer Private Sewer
Heating Baseboard
Cooling None
Roof Metal
Appliances Microwave,Range,Refrigerator
Construction Materials Frame
Year Built 1958
View Lake
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County St. Louis
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Ke Wa Ne Na Beach 64 13
Other Structures Storage Shed
Directions From Ely,East on Hwy 169 to Left on Grant McMahan Blvd,follow for 2.3 miles to Right on Echo Trail follow for 8.6 miles to Left on North Arm continue to fire number. Past Camp Du Nord
City Ely
High School District Ely
Zoning Description Shoreline,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3961
Additional Parcels Y/N No
Virtual Tour https://player.vimeo.com/video/1219007589
Standard Status Active
Lender Owned No
PostalCity Ely

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 525
3/4 Baths 1
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor 3/4 Bath
Dining Room Description Eat In Kitchen
Foundation Dimensions 21x25
Fuel Electric
Waterfront Feet 100

Exterior Features

Parking Features Gravel
Lot Features Tree Coverage - Light
Water Source Lake Water
Lot Size Area 2.1
Building Area Total 525
Lot Dimensions 567x100
Waterfront Y/N Yes
Foundation Area 525
Road Frontage Type County Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/19/2026 Listed $887,900

Property vs Zip Code Average in 55731

Price
AVG $560K
$890K
Taxes
AVG $3,562
$3,961
Year Built
AVG 1971
1958
Visits
AVG 25
6
Data Provided by Inside Real Estate®

Areas That We Cover

3530 North Arm Road Ely, MN is a Single Family Home for sale at $887900 with 525 sqft and a lot size of 2.1 Acres Acre(s). 3530 North Arm Road Ely has 2 bedrooms, 1 baths and was built in 1958. The property's zip code is 55731 which is in Ely, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy