1111 Hwy 21, Ely, MN 55731
Property image
Property image
OFF MARKET

$369,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,862 sqft (on 5.98 acres)

1111 Hwy 21, Ely, MN 55731

Est. Refi. Payment $2,311/mo*
Refinance Your Home
Currently Off Market - Sold Sep 27, 2024 for $329,000

Home Value

Trulia Estimate
$369K
Since last month
Increased$800 (+0.2%)
Since last year
Increased$21K (+6%)
Since last sale
Increased$41K (+12.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +87% in the last 10 years
MonthEstimated value
2026
August 2026$370K
August 2026$369K
July 2026$369K
June 2026$367K
May 2026$367K
April 2026$359K
March 2026$351K
February 2026$348K
January 2026$347K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.55
Single-Family Home
$265,000
05/15/26
2
1
976
3.02
Single-Family Home
$265,000
06/10/26
3
1.5
1,408
3.88
Single-Family Home
$1,100,000
06/16/26
2
3
2,600
5.30
Single-Family Home
$439,000
06/30/26
3
2
2,085
6.53
Single-Family Home
$510,000
10/06/25
3
2
1,581
6.28
Single-Family Home
$364,000
11/17/25
3
2
2,520
6.31
Single-Family Home
$198,000
11/12/25
3
2
1,920

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.40
-
-
-
-
Off Market
0.52
$150,500
2
1
720
Off Market
0.58
$223,300
2
1
720
Off Market
0.62
-
-
-
-
Off Market
0.88
$799,000
3
2.5
2,344
For Sale
0.92
-
-
-
-
Off Market
0.92
-
-
-
-
Off Market
1.01
$381,600
3
1.5
2,400
Off Market
1.01
$557,000
3
2.5
2,560
Off Market
0.99
-
-
-
-
Off Market
1.05
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1111 Hwy 21.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1954
5.98 acre lot
1,862 sqft
$198/sqft
Garage

About this House

Ely Country Bear Island River Home This beautiful 3BR/2BA home is nestled on nearly 6 acres of pristine land, with over 475 feet of Bear Island River frontage. Enjoy the tranquility of nature while being just minutes away from Ely and Babbitt. Fieldstone Fireplace, new kitchen cabinets with butcher block counter, patio door from living room to backyard. A river side oasis offering seamless indoor-outdoor living and so much more. New giant cement firepit, two detattached garages (26x36 and 24x24), and cute little enclosed building facing the river. Great for an artist studio, she shed, playhouse - whatever you'd like. All situated in a convenient location, this property offers the best of both worlds—seclusion and accessibility. You'll be minutes away from the amenities of Ely and Babbitt while enjoying the peace and beauty of the Bear Island River.
1111 Hwy 21, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,862 sqft single-family home built in 1954. It last sold for the $329,000 asking price on Sep 27, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $369,000, with a rent estimate of $2,053/month.
Last check for updates: about 18 hours ago
Listed by Andrea Zupancich, (218) 749-0159
Z' Up North Realty
Bought with: Lori Melbostad, (218) 310-0903, Kris Lindahl Real Estate
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6114402

Home Details for 1111 Hwy 21

Interior Features

Interior Details
Basement: N/ANumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Dining Room, Kitchen, Living Room, Other, Recreation Room, Three Season Porch
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1862 Square FeetFoundation Area: 1300
Appliances & Utilities
Appliances: Range, RefrigeratorLaundry: Main LevelRefrigerator
Heating & Cooling
Heating: Boiler,In Floor Heat,PropaneNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Flooring: Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Tiled Floors
View
Has a ViewView: River, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Patio, PorchOther Structures: Gazebo
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Detached,Electrical Service
Frontage
WaterfrontWaterfront: River, Waterfront Access(Private)Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Bear Island
Farm & Range
Frontage Length: 475
Finished Area
Finished Area (above surface): 1862 Square Feet

Days on Market

Cumulative Days on Market: 55

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Wood, Frame/WoodIs a New Construction
Property Information
Condition: Previously OwnedParcel Number: 465001004660

Price & Status

Price
List Price: $329,000
Status Change & Dates
Off Market Date: Fri Aug 16 2024Possession Timing: Close Of Escrow, Subject To Tenant Rights

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 5.98 Acres

Miscellaneous

Mls Number: 6114402Water ViewWater View: RiverAttribution Contact: ***Above Grade Unfinished Area: 1862

Price and Tax history

DateEventPrice
Sep 27, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114402
Sold
$329,000
Jul 31, 2024
Source: NorthstarMLS as distributed by MLS GRID #6559490
Pending
$329,000
Jul 31, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114402
Contingent
$329,000
Jul 16, 2024
Source: Range AOR #146927
PriceChange
$329,000
Price decreased by 6%
Jun 22, 2024
Source: Range AOR #146927
Listed For Sale
$349,000

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
98
2
MoM

What Locals Say about Ely

At least 8 Trulia users voted on each feature.
  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-07 15:47:26 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1111 Hwy 21

  • What is 1111 Hwy 21 estimated to be worth?
    Trulia's estimated value for 1111 Hwy 21 in Ely, MN is $369,000.
  • What is the price history for 1111 Hwy 21?
    1111 Hwy 21 in Ely, MN last sold for $329,000 in September 2024.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • Does 1111 Hwy 21 have laundry facilities?
    Yes, 1111 Hwy 21 in Ely, MN has laundry facilities.
  • How big is the lot at 1111 Hwy 21?
    The lot at 1111 Hwy 21 in Ely, MN is about 6 acres.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 1111 Hwy 21

Skip to last item
Skip to first item

Homes for sale near 1111 Hwy 21

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item