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$342,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,452 Sq. Ft.
  • 3 Car Garage
See This Home
Save This Home
See This Home
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This newly remodeled home sits on 7 acres in the desirable Fayal Township! The front yard offers views of Beautiful Ely Lake, while the privacy of a large back deck allows you to entertain and enjoy a spacious back yard. The 4 bed, 1.75 bath has a variety of updates including flooring, carpet and appliances as well as a natural gas fireplace and water filtration system. Enjoy a drink in the updated bar room while watching your favorite sports team! New siding in 2024 on the house and 3 stall garage. New steel garage roof in 2025 and lots of garage space for vehicles and toys as well as 2 large storage units for extras. Everything you are looking for to have country living close to town!

Full Property Details for 7424 Ely Lake Dr

General

  • Sold For: $342,000
  • Taxes: $2,598 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6717895
  • Added to Site: 253 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Detached

School Information

  • School District: 2154 - Eveleth-Gilbert
  • High School District: Eveleth-Gilbert

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, Fireplace(s)
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Well

Financial Considerations

  • Tax Amount: $2,598
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 67
  • Property ID: 340004000690

Listed by Beycome Brokerage Realty LLC
Sold by Next Door Realty

Listing agent

— 7424 Ely Lake Dr —

  • Beycome Brokerage Realty LLC

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 7424 Ely Lake Dr

Date
Details
Price
Change
Source
10/03/2025
Sold
$342,000
-3.39%
MLS
7/14/2025
Price Reduced
$354,000
-1.39%
MLS
5/20/2025
Price Reduced
$359,000
-2.71%
MLS
5/08/2025
Listed
$369,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Listed by Beycome Brokerage Realty LLC
Sold by Next Door Realty

7424 Ely Lake Drive, Fayal Twp, MN 55734 (MLS# 6717895) is a Single Family property that was sold at $342,000 on October 03, 2025. Want to learn more about 7424 Ely Lake Drive? Do you have questions about finding other Single Family real estate for sale in Fayal Twp? You can browse all Fayal Twp real estate or contact a Coldwell Banker agent to request more information.