1245 Chippewa Shores, Ely, MN 55731
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Property image
OFF MARKET

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

    • Map ViewExplore the area around 1245 Chippewa Shores.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    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

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    Gas & Electric
    Has Electric on Property
    View
    Has a ViewView: Valley, Panoramic

    Exterior Features

    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

    Days on Market

    Cumulative Days on Market: 419

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 465001001680

    Price & Status

    Price
    List Price: $99,000
    Status Change & Dates
    Off Market Date: Sat Jun 09 2018Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

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

    Lot Information

    Lot Area: 40 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6028185

    Price and Tax history

    DateEventPrice
    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
    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 2026-08-24 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).

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