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$449,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Total Baths
  • 2,120 Sq. Ft.
  • 2 Car Garage
  • Updated 21 hours ago

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Beautiful 3-bedroom, 2-bathroom home with 350' of sugar-sand beach lakeshore on Eagles Nest 1 lake in coveted Ely/Tower. Enjoy your very own peninsula so private and serene. Start your day with coffee on the patio or deck enjoying the lake view! It features many upgrades since 2016, including windows, furnace, washer/dryer, and mini-split(s) just to name a few. Call me today for a showing!

Full Property Details for 3938 Cedar St

General

  • Price: $449,900
  • Status: Active
  • Type: Single Family
  • Source: 1404
  • MLS ID: 150454
  • Updated: 7/30/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace(s): 1 Fireplace, Free Standing, Wood Burning
  • Appliances: Dishwasher, Electric Range, Garage Opener, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 19 x 15, Main
  • Bedroom 2: 24 x 11, Main
  • Bedroom 3: 30 x 8, Upper

Other Rooms

  • Living Room: 24 x 16, Main
  • Kitchen: 16 x 14.6, Main
  • Dining Room: COMBO, Main
  • Other Room 1: Laundry, 6 x 5.6, Main
  • Other Room 2: Storage, 9.6 x 8, Main

Exterior

  • Porch/Patio/Deck: Deck, Patio, Covered, See Remarks

Parking

  • Garage Description: 28 x 26
  • Garage Spaces: 2
  • Garage Description: 2 Stalls, Attached

Location

  • Area: Rural N of Hwy 169 - 135

School Information

  • School District: Ely-696

Heating & Cooling

  • Cooling Type: See Remarks, Ductless Air
  • Heating Type: Dual Fuel/Off Peak, Electric, In-Floor, Gas - Propane
  • Water Heater: Electric

Utilities

  • Utility Description: Septic, Well

Structural Information

  • Architectural Style: 1 1/4 Story
  • Construction: Wood Frame
  • Exterior Const.: Steel
  • Basement Desc.: Crawl, Partial, Poured
  • Roof: Asphalt, Shingle
  • Amps: 200
  • Square Feet: 2,120
  • Upper: 240 Sq. Ft.
  • Main/1st Level: 1,880 Sq. Ft.
  • Basement Finished: 0%
  • Year Built: 1979

Lot Features

  • Lot Size (Acres): 2
  • Lot Dimensions: 280 x 440
  • Fencing (Description): None

Water Features

  • Water Front: Yes
  • Water Front Type: 1 - Lake
  • Water Front Name: Eagles Nest 1

Disclosures and Reports

  • Property ID: 317-0080-00090 + 2

Listed by Dane Arthur Real Estate Agency

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Listing agent

— 3938 Cedar St —

  • Dane Arthur Real Estate Agency

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3938 Cedar St

School District:St. Louis County School District
NameGradesDistance
Tower-Soudan Elementary School
415 North 2nd Street, Tower, MN 55790
PK-68.4 mi
Northeast Range Secondary
30 South Drive, Babbitt, MN 55706
7-1211.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3938 Cedar St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/30/2026
Listed
$449,900
34.3%
MLS
8/31/2016
Sold
$335,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3938 Cedar St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$86
39%
$8,600
34%
2023
$62
—
$6,400
3%
2022
$62
5%
$6,200
24%
2021
$59
-28%
$5,000
—
2020
$82
14%
$5,000
-21%
2020
$72
12%
$6,300
12%
2019
$64
-3%
$5,600
—
2018
$66
22%
$5,600
14%
2017
$54
-18%
$4,900
-9%
2016
$66
32%
$5,400
38%
2015
$50
-6%
$3,900
-7%
2014
$53
-53%
$4,200
—
2013
$112
—
$4,200
—
View All
Disclaimer: Historical tax 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 Dane Arthur Real Estate Agency

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3938 Cedar Street, Ely, MN 55731 (MLS# 150454) is a Single Family property with 3 bedrooms and 0 full bathrooms. 3938 Cedar Street is currently listed for $449,900 and was received on July 30, 2026. Want to learn more about 3938 Cedar Street? Do you have questions about finding other Single Family real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.

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