1245 Chippewa Shores
Ely, MN 55731
(on 40 acres)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
1.62 | Lot/Land | $62,000 | 12/05/25 | - | - | ||
1.33 | Lot/Land | $300,000 | 10/17/25 | - | - | ||
2.20 | Lot/Land | $315,000 | 10/23/25 | - | - | ||
3.31 | Lot/Land | $39,000 | 07/29/26 | - | - | ||
3.34 | Lot/Land | $38,900 | 10/23/25 | - | - | ||
3.65 | Lot/Land | $52,900 | 12/05/25 | - | - | ||
3.55 | Lot/Land | $40,000 | 01/21/26 | - | - | ||
3.37 | Lot/Land | $490,000 | 05/27/26 | - | - | ||
3.58 | Lot/Land | $270,000 | 06/05/26 | - | - | ||
4.01 | Lot/Land | $69,500 | 08/18/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.29 | $430,000 | 3 | 1 | 832 | Off Market | |
0.39 | $934,600 | 4 | 3.5 | 4,000 | Off Market | |
0.40 | $179,000 | - | - | - | For Sale | |
0.52 | $737,300 | 3 | 2 | 1,810 | Off Market | |
0.53 | $1,083,000 | 4 | 4 | 3,390 | Off Market | |
0.58 | $525,000 | 3 | 1.5 | 3,240 | For Sale | |
0.61 | $922,100 | 3 | 3 | 2,806 | Off Market | |
0.61 | $923,900 | 3 | 3 | 2,806 | Off Market | |
0.68 | - | - | - | - | Off Market | |
0.70 | - | - | - | - | Off Market | |
0.68 | $758,900 | 3 | 2.5 | 2,147 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
40 acres
About this House
40 acres, located only 5 miles from Ely on paved roads. New driveway into a great building site which overlooks most of the property and White Iron Lake in the distance. Underground power has already been brought into the building site. Property is only 1/4 mile from the public access to White Iron Lake. Newly built boardwalk runs across lowland to creek which leads to White Iron Lake. Several trails and deer stands are on the property.
1245 Chippewa Shores, Ely, MN 55731 is a lot/land. It last sold for $92,000 on Jul 16, 2018 (7% below the $99,000 asking price). It is currently off market.
Last check for updates: about 1 hour ago
Listed by Phil Hyde, (218) 349-2797
Bear Island Land Co., Inc
Bought with: Gil Knight, (218) 349-0679, Wildwoods Land Company
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6028185

Home Details for 1245 Chippewa Shores
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Appliances & Utilities Utilities: Electricity Available |
Gas & Electric Has Electric on Property |
View Has a ViewView: Valley, Panoramic |
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Exterior Home Features Vegetation: Heavily Wooded |
Parking & Garage Parking: Gravel |
Frontage Waterfront: Shoreline Characteristics(Wetland, Shore-Vegetation)Responsible for Road Maintenance: Public Maintained Road, Private Maintained Road, Year RoundRoad Surface Type: UnimprovedNot on Waterfront |
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Cumulative Days on Market: 419 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Condition: Raw LandParcel Number: 465001001680 |
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Price List Price: $99,000 |
Status Change & Dates Off Market Date: Sat Jun 09 2018Possession Timing: Immediate |
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MLS Status: SOLD |
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Direction & Address City: Ely |
School Information High School District: Ely #696 |
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Lot Area: 40 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 6028185 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 16, 2018 Source: Lake Superior Area Realtors as distributed by MLS GRID #6028185 | Sold | $92,000 |
Sep 30, 2013 Source: Lake Superior Area Realtors as distributed by MLS GRID #1615564 | Sold | $75,000 |
Market trends in Ely
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
98
2MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-24 05:12:35 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 1245 Chippewa Shores
- What is the price history for 1245 Chippewa Shores?1245 Chippewa Shores in Ely, MN last sold for $92,000 in July 2018.
- 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.
- What are the closest schools to 1245 Chippewa Shores?The closest schools to 1245 Chippewa Shores in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).

