12977 E Ridge Rd, Ely, MN 55731
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Property image
OFF MARKET

12977 E Ridge Rd
Ely, MN 55731

  • 3 Beds
  • 2.5 Baths
  • 2,100 sqft (on 4.30 acres)

$501,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,081/mo*
Refinance Your Home

$501,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,081/mo*
Refinance Your Home
3 Beds
2.5 Baths
2,100 sqft
(on 4.30 acres)

Home Value

Trulia Estimate
$501K
Since last month
Decreased$4K (-0.9%)
Since last year
Decreased$15K (-2.9%)
Since last sale
Increased$114K (+29.4%)
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 +14% in the last 10 years
MonthEstimated value
2026
August 2026$501K
July 2026$503K
June 2026$505K
May 2026$504K
April 2026$506K
March 2026$484K
February 2026$486K
January 2026$482K
2025
2024
2023

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
xxxxx White Iron Lake, Ely, MN
0.36
Single-Family Home
$285,000
03/06/26
3
-
1,072
3206 Shady Rest, Ely, MN
1.25
Single-Family Home
$710,200
08/29/25
2
2
1,768
2137 Deer Ridge Rd, Ely, MN
1.17
Single-Family Home
$420,000
11/14/25
1
1
1,440
3206 Shadyrest, Ely, MN
1.26
Single-Family Home
$710,200
08/29/25
2
2
918
1493 Inspiration Road, Ely, MN
2.15
Single-Family Home
$439,000
06/30/26
3
2
2,085
118 Sunset Rd, Ely, MN
0.40
Single-Family Home
$285,000
03/10/26
1
-
-
377 Sunset Rd, Ely, MN
1.99
Single-Family Home
$747,000
07/06/26
3
3
3,175
413 Sunset Rd, Ely, MN
2.24
Single-Family Home
$519,000
07/31/26
3
2
1,320
13462 Villa Rd, Ely, MN
2.84
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
13496 Pine Rd #10, Ely, MN
2.74
Single-Family Home
$370,000
10/01/25
4
2.5
1,175

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
12957 West Ridge Rd, Ely, MN 55731
0.19
$554,900
4
2.5
1,825
For Sale
- Ring Rock Rd, Ely, MN 55731
0.32
-
-
-
-
Off Market
xxxxx White Iron Lake, Ely, MN 55731
0.36
$285,000
3
-
1,072
Recently Sold
1113 Ring Rock Rd, Ely, MN 55731
0.46
$439,400
2
1
100
Off Market
1113 Ringrock Rd, Ely, MN 55731
0.47
$439,400
2
1
-
Off Market
tbd Sunset Rd, Ely, MN 55731
0.51
-
-
-
-
Off Market
1185 Ring Rock Rd, Ely, MN 55731
0.47
$512,900
2
1
1,760
Off Market
- Ring Rock Rd, Ely, MN 55731
0.51
-
-
-
-
Off Market
1919 Popesh Rd, Ely, MN 55731
0.53
-
-
-
-
Off Market
1133 Ringrock Rd, Ely, MN 55731
0.63
$930,300
3
3
2,806
Off Market
1133 Ring Rock Rd, Ely, MN 55731
0.63
$911,300
3
3
2,806
Off Market
167 Sunset Rd, Ely, MN 55731
0.69
$796,500
3
2
2,520
Off Market

Local Information

  • Map ViewExplore the area around 12977 E Ridge Rd.
-- mins to
Commute Destination

Home Highlights

Year Built
2005
Lot Size
4.3 acres
Living Area
2,100 sqft
Price/Sqft
$239
Parking
Garage

About this House

Beautiful Custom log home. Private location, seasonal lake views, large shop/garage with full apartment above. Attached trails with lake access.
12977 E Ridge Rd, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 2,100 sqft unknown built in 2005. It last sold for $387,000 on Aug 27, 2020. It is currently off market. The Trulia Estimate is $501,400, with a rent estimate of $2,698/month.

Home Details for 12977 E Ridge Rd

Interior Features

Interior Details
BasementAdditional StorageIn-law unitNumber of Rooms: 12Types of Rooms: Family Room, Master Bath, Office, WorkshopStorage
Heating & Cooling
Heating: Other, Radiant, Stove, Wall, Electric, Propane Butane, Wood PelletAir ConditioningCooling System: Central, WallHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood, Slate
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: MetalExterior: Stone, Wood, MetalGardenPatio
Parking & Garage
GarageParking Spaces: 6Parking: Garage Detached

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: UnknownArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 4.30 acres

Mobile R/V

RV Parking
Rv Parking

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Aug 27, 2020
Source: N/A
Sold
$387,000

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
2MoM
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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.
  • 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. "
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  • 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 . "
    7
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  • 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. "
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  • 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."
    3
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  • 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."
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  • 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."
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Apartments for Rent

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Homes for sale near 12977 E Ridge Rd

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Off Market Homes Near 12977 E Ridge Rd

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Frequently asked questions about 12977 E Ridge Rd

  • What is 12977 E Ridge Rd estimated to be worth?
    Trulia's estimated value for 12977 E Ridge Rd in Ely, MN is $501,400.
  • What is the price history for 12977 E Ridge Rd?
    12977 E Ridge Rd in Ely, MN last sold for $387,000 in August 2020.
  • 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 12977 E Ridge Rd have air conditioning?
    Yes, 12977 E Ridge Rd in Ely, MN has air conditioning.
  • Does 12977 E Ridge Rd have laundry facilities?
    Yes, 12977 E Ridge Rd in Ely, MN has in-unit laundry.