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Fieldstone Family Homes

Fieldstone Family Homes

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$710,000

540 Loop Road
Ely, MN 55731

Single Family Residence|Sold 02/06/2026
3
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
2,480
SqFt
$286
/SqFt
2005
Built
County:
Lake
Listing courtesy of Z'Up North Realty, Inc.
Listing courtesy of Z'Up North Realty, Inc.
Call Now: (952) 469-8800
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(952) 469-8800
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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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Listing Snapshot
Bedrooms 
3
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Inside Area (SqFt) 
2,480 sqft
Lot Size 
2.62 Acres
Year Built 
2005
MLS® Number 
7000151
Status 
Sold
Property Tax 
$2,502
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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What's This?
Private
Recent Activity
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
2.62
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
One and One Half
Number Of Stories 
1
Property Sub Type 
Single Family Residence
Sewer 
Septic TankMound Septic
SqFt Above 
1630
SqFt Below 
850
Zoning 
Residential-Single Family
Interior Features
Appliances 
DishwasherDryerElectric Water HeaterMicrowaveRangeWasher
Basement 
BlockFinishedFull
Cooling 
Window Unit(s)
Electric 
200+ Amp Service
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
1
Heating 
ElectricWoodBaseboard
Bedroom 
Dimensions - 10 x 11Level - Main
Bedroom 2 
Dimensions - 10 x 10Level - Main
Bedroom 3 
Dimensions - 10 x 16Level - Lower
Family Room 
Dimensions - 16 x 122Level - Lower
Kitchen 
Dimensions - 10 x 13Level - Main
Living Room 
Dimensions - 13 x 23Level - Main
Loft 
Dimensions - 29 x 27Level - Upper
Utility Room 
Dimensions - 12 x 11Level - Lower
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Exterior Features
Construction Details 
Frame
Patio And Porch 
CoveredDeckEnclosedPorchScreened
Roof 
Asphalt
Community Features
School District 
Lake Superior
Township 
Fall Lake Twp
Schools
School District
Lake Superior
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Z'Up North Realty, Inc.



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-03-03 11:36 PM UTC
Neighborhood & Commute
Source: Walkscore
Powered by Showcase IDX, a Constellation1 Company
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Fieldstone Family Homes
801 Cliff Road East
Suite #135
Burnsville, MN 55337

Phone: (952) 469-8800

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Disclaimer: Prices, floor plans, home elevations, options, upgrades, specifications, incentives, promotions and availability are subject to change without notice. Finished square footage and dimensions are approximate and subject to change without notice. Photos and/or illustrations may not depict actual home plan configuration and/or details and may show available options, neighborhood architectural guidelines and upgrades not included in the current base price of the home plan. Community improvements and amenities described are based upon current development plans and information furnished by others and are subject to change without notice. Community assessments and covenants, conditions and restrictions may apply. Promotions and incentives may require the use of a certain lender which is an affiliate of Fieldstone Family Homes, Inc. Floor plans and home elevations are used by permission by Fieldstone Family Homes, Inc and are protected by U.S. copyright laws. Please consult a Fieldstone Family Homes, Inc. New Home Sales Agent for complete and current information.

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