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2 Beds
2 Baths
1,200 sqft

$599,000

1347 Walsh Rd, Ely MN, 55731

Price per sqft$499.17
Built in1973
Property size1,200 sqft
Property typeResidential
Courtesy of Bear Island Realty LLC, Kate Davies Listing Contact: ***

Overview

Active

Listed May 1, 2026

Updated Jul 3

A rare Northwoods treasure on beautiful Eagles Nest Lake 2, this meticulously maintained custom log home offers the kind of lakefront setting buyers dream about. Privately tucked on approximately 1.55 wooded acres with an extraordinary 295 feet of picturesque shoreline, the property boasts a premier location along the scenic channel connecting Eagles Nest Lakes 1 and 2. The result is a peaceful, nature-filled retreat with stunning water views and exceptional access for paddling, fishing, boating, and quiet days along the shoreline. Crafted to embrace its spectacular surroundings, the home blends timeless log construction, refined comfort, and authentic Up North character. The main level welcomes you with an open, airy feel, vaulted ceilings, and a spacious living room centered around a grand wood-burning fireplace built with hand-picked local stone. It is the perfect gathering place after a day on the lake or a snowy winter afternoon in the woods. The updated kitchen and comfortable dining area flow seamlessly to the wraparound deck, creating effortless indoor-outdoor living for lakeview meals, morning coffee, summer entertaining, and peaceful evenings surrounded by nature. Upstairs, the primary suite feels like a private retreat, complete with a sitting area, ensuite bath, and thoughtfully designed built-ins that add both charm and functionality. All-new Marvin windows, new entry doors, generous storage, and quality updates enhance the home’s comfort, efficiency, and long-term value while preserving its warm cabin character. The walkout lower level expands the living space with a comfortable family room featuring a second fireplace, a large full bath, laundry and utility areas, and additional storage. With direct access to the lakeside patio, this level is ideal for year-round enjoyment, whether you are gathering by the fire in winter or stepping outside for summer days by the water. Adding even more versatility, the oversized two-stall garage includes a workshop and a charming finished bonus room above. Filled with natural light and offering generous square footage, this inviting space is well suited for a studio, crafting room, or extra space for family and friends. Outdoors, beautiful perennial gardens, vegetable gardens, lakeside decking, and inviting seating areas create a serene setting for grilling, relaxing, entertaining, and fully embracing the Northwoods lake lifestyle. Private, beautifully cared for, and rich with craftsmanship.

$3,985/mo

Est. mortgage payment based on a $599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6124916

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1.55 Acres

Other Property Details

Taxes
$3,259
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes
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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peggy Kman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 2:55 AM UTC on 7/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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