1220 Highway 21, Ely, MN 55731
Property image
Property image
OFF MARKET

$223,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 720 sqft (on 0.82 acres)

1220 Highway 21, Ely, MN 55731

Est. Refi. Payment $1,467/mo*
Refinance Your Home
Currently Off Market - Sold Sep 9, 2021 for $130,000

Home Value

Trulia Estimate
$223K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$2K (+0.7%)
Since last sale
Increased$91K (+70.2%)
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 +1% in the last 10 years
MonthEstimated value
2026
September 2026$221K
August 2026$223K
July 2026$220K
June 2026$228K
May 2026$224K
April 2026$227K
March 2026$219K
February 2026$208K
January 2026$204K
2025

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
2.96
Single-Family Home
$265,000
05/15/26
2
1
976
2.65
Single-Family Home
$265,000
06/10/26
3
1.5
1,408
3.47
Single-Family Home
$1,100,000
06/16/26
2
3
2,600
3.91
Single-Family Home
$1,100,000
09/11/26
4
3.5
5,280
4.72
Single-Family Home
$439,000
06/30/26
3
2
2,085
4.84
Single-Family Home
$745,000
09/10/26
4
2.5
2,371

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
0.34
-
-
-
-
Off Market
0.34
-
-
-
-
Off Market
0.40
$150,500
2
1
720
Off Market
0.42
$557,000
3
2.5
2,560
Off Market
0.46
-
-
-
-
Off Market
0.50
-
-
-
-
Off Market
0.52
$219,600
1
-
601
Off Market
0.58
$369,000
3
2
1,862
Off Market
0.58
$381,600
3
1.5
2,400
Off Market
0.62
$354,400
2
1
572
Off Market
0.69
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1220 Highway 21.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
0.82 acre lot
720 sqft
$310/sqft

About this House

Wake up with a sunrise view from the deck of this cozy, simple 2 bedroom, 1 bath well maintained cabin. With knotty pine throughout, propane or free standing wood burning stove heated, situated on leased land in the Superior National Forest, it has the ultimate "up north" feel. with a private dock/beach area on One Pine Lake, a great fishing lake with large crappies and walleyes! Looking for your get away/hunting land? ... look no further!
1220 Highway 21, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 720 sqft single-family home built in 1955. It last sold for the $130,000 asking price on Sep 9, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $223,300, with a rent estimate of $1,410/month.
Last check for updates: about 2 hours ago
Listed by Sheri Israel, (218) 994-1156
Z' Up North Realty
Bought with: Andrea Zupancich, (218) 749-0159, Z' Up North Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6098044

Home Details for 1220 Highway 21

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Bedroom, Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 720 Square Feet
Heating & Cooling
Heating: Wood,PropaneHas HeatingHeating Fuel: Wood
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Free StandingHas a Fireplace
Gas & Electric
Electric: Minnesota Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)On Waterfront
Water & Sewer
Sewer: Holding Tank, OuthouseWater Body: One Pine
Farm & Range
Frontage Length: 163
Finished Area
Finished Area (above surface): 720 Square Feet

Days on Market

Cumulative Days on Market: 1

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465001004535

Price & Status

Price
List Price: $130,000
Status Change & Dates
Off Market Date: Fri Jul 02 2021

Active Status

MLS Status: SOLD

Location

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

Lot Information

Lot Area: 0.82 acres

Land Lease

Land Lease Amt: $5,002

Miscellaneous

BasementMls Number: 6098044Above Grade Unfinished Area: 720

Price and Tax history

DateEventPrice
Sep 9, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6098044
Sold
$130,000
Jul 21, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6098044
Pending
$130,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
103
5
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 2026-09-15 13:37:21 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 1220 Highway 21

  • What is 1220 Highway 21 estimated to be worth?
    Trulia's estimated value for 1220 Highway 21 in Ely, MN is $223,300.
  • What is the price history for 1220 Highway 21?
    1220 Highway 21 in Ely, MN last sold for $130,000 in September 2021.
  • 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.
  • How big is the lot at 1220 Highway 21?
    The lot at 1220 Highway 21 in Ely, MN is about 0.82 acres (35,719 sq ft).

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