1331 Peninsula Rd, Ely, MN 55731
OFF MARKET

1331 Peninsula Rd
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 616 sqft

$544,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $3,290/mo*
Refinance Your Home

$544,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $3,290/mo*
Refinance Your Home
2 Beds
1 Bath
616 sqft

Local Information

  • Map ViewExplore the area around 1331 Peninsula Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1978
Living Area
616 sqft
Price/Sqft
$884

About this House

This single-family home is located at 1331 Peninsula Rd, Ely, MN. 1331 Peninsula Rd is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 1 bathroom and approximately 616 sqft of floor space. This property was built in 1978.
1331 Peninsula Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 616 sqft single-family home built in 1978. It last sold for $41,239 on Jan 21, 2003. It is currently off market. The Trulia Estimate is $544,700, with a rent estimate of $1,340/month.

Home Details for 1331 Peninsula Rd

Interior Features

Interior Details
BasementIn-law unit
Heating & Cooling
Heating: OtherCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.2000000476837158

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 1

Price History for 1331 Peninsula Rd

DatePriceEventSource
01/21/2003$41,239Sold
N/A

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2024
Tax$3,558
Assessment$475,000
Home facts updated by county records

Comparable Sales for 1331 Peninsula Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1531 Bear Head State Park Rd, Ely, MN
0.88
Single-Family Home
$335,000
07/17/26
1
1
1,056
1233 Minnesota Blvd, Ely, MN
0.68
Single-Family Home
$120,000
01/13/26
1
1
572
3806 Dorem Dr, Ely, MN
1.67
Single-Family Home
$250,000
07/24/26
2
1
720
3772 Rustic Wood Rd, Ely, MN
1.19
Single-Family Home
$131,666
02/23/26
2
1
740
1739 Bear Head State Park Rd, Ely, MN
1.73
Single-Family Home
$265,000
06/09/26
2
1
1,346
3819 Dorem Dr, Ely, MN
1.86
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
3810 Mud Creek Rd, Ely, MN
2.20
Single-Family Home
$110,000
05/06/26
2
-
840
1346 Bear Head State Park Rd, Ely, MN
2.34
Single-Family Home
$140,000
04/13/26
1
-
288
1755 Bradach Rd, Ely, MN
2.93
Single-Family Home
$260,000
07/08/26
1
1
694
1859 Bobence Rd, Ely, MN
3.26
Single-Family Home
$420,000
06/22/26
3
3
1,532

Nearby homes

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Assigned Schools

These are the assigned schools for 1331 Peninsula Rd.

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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LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1331 Peninsula Rd

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Off Market Homes Near 1331 Peninsula Rd

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Frequently asked questions about 1331 Peninsula Rd

  • What is 1331 Peninsula Rd estimated to be worth?
    Trulia's estimated value for 1331 Peninsula Rd in Ely, MN is $544,700.
  • What is the price history for 1331 Peninsula Rd?
    1331 Peninsula Rd in Ely, MN last sold for $41,239 in January 2003.
  • 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 1331 Peninsula Rd have air conditioning?
    Yes, 1331 Peninsula Rd in Ely, MN has air conditioning.