$650,000
Original price: $475,000
4 Beds
2 Baths
768 sqft (on 1.10 acres)
1340 Walsh Rd, Ely, MN 55731
Est. Mortgage $4,087/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1973
1.1 acre lot
$846/sqft
Garage
Local Information
- Map ViewExplore the area around 1340 Walsh Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Boat launchBeautiful lake views
Enjoy Northwoods lake life with approximately 210 feet of level shoreline on Eagle’s Nest Lake #3. This year-round, 4-bedroom, 1½-bath home features an open-concept kitchen, dining, and living area, creating a comfortable space for gathering with family and friends. A screened porch extends across the entire front of the home, offering beautiful lake views and a great place to relax and take in the surroundings. With easy access to the water, a dock, a boat launch, and plenty of room to enjoy the outdoors, this property offers the opportunity to enjoy lake living in every season. Adding to the appeal is a separate seasonal cabin (16' x 30') with its own screened porch overlooking the lake. The cozy, one-room cabin has an open floor plan combining the kitchen, dining, living, and sleeping areas. Whether you’re looking for a year-round lake home, or a recreational getaway, with extra space for family and guests, this Eagle’s Nest Lake #3 property offers a unique opportunity to enjoy the Northwoods. Septic Replacement: Sellers will escrow funds at closing for replacement of the septic system. Septic escrow terms and replacement details to be established as part of the purchase agreement and closing.
Last check for updates: about 6 hours ago
Listing courtesy of Jason Roy, (218) 235-1628
Wildwoods Land Company
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6125728
Home Details for 1340 Walsh Rd
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Interior Details Basement: Full,Unfinished,Walkout,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Deck, Dining Room, Kitchen, Living Room, Storage, Utility Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (three quarters): 2 |
Dimensions and Layout Living Area: 768 Square FeetFoundation Area: 1080 |
Appliances & Utilities Appliances: Water Heater-Electric, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, WasherDishwasherDryerLaundry: Dryer Hook-Ups,Washer HookupRefrigeratorWasher |
Heating & Cooling Heating: Baseboard,Boiler,Radiant,OilHas CoolingAir Conditioning: Wall Unit(s),DuctlessHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Lake Country Power |
Windows, Doors, Floors & Walls Window: Wood FramesDoor: Patio Door |
Levels, Entrance, & Accessibility Number of Stories: 1Accessibility: Accessible Approach with Ramp, Grab Bars In Bathroom |
View Has a ViewView: Inland Lake |
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Exterior Home Features Roof: MetalPatio / Porch: DeckFencing: InvisibleExterior: Dock, Rain GuttersFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Off Street,Gravel,Carport,Detached,Electrical Service,Slab |
Frontage WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Rocky, Sand, Shore-Accessible, Elevation-Low)Road Frontage: County Road, TownshipResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Drain FieldWater Body: Eagles Nest 3 |
Farm & Range Frontage Length: 210 |
Finished Area Finished Area (above surface): 768 Square Feet |
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Cumulative Days on Market: 150Days on Market: 161 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Wood, Frame/WoodNot a New Construction |
Property Information Condition: Previously OwnedParcel Number: 317015000080, 317015000070 |
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Price List Price: $650,000Price Per Sqft: $846 |
Status Change & Dates Possession Timing: Immediate |
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MLS Status: ACTIVE |
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Direction & Address City: Ely |
School Information High School District: Ely #696 |
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Listing Agent Listing ID: 6125728 |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 1.1 Acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 6125728Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 768 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 28, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6125728 | PriceChange | $650,000 Price increased by 37% |
Sep 28, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6125728 | PriceChange | $475,000 Price decreased by 4% |
Aug 4, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6125728 | PriceChange | $495,000 Price decreased by 6% |
Jul 27, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6125728 | PriceChange | $525,000 Price decreased by 9% |
Jun 1, 2026 Source: Lake Superior Area Realtors as distributed by MLS GRID #6125728 | Listed For Sale | $575,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $3,132 | $321,000 |
Home facts updated by county records
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.
Market trends in Ely
Last updated September 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
—
Available listings
100
3MoM
Sourced by Trulia Market Trends
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 |
|---|---|---|---|---|---|---|---|
0.93 | Single-Family Home | $335,000 | 07/17/26 | 1 | 1 | 1,056 | |
1.70 | Single-Family Home | $250,000 | 07/24/26 | 2 | 1 | 720 | |
1.89 | Single-Family Home | $798,500 | 06/10/26 | 2 | 2.5 | 1,774 | |
2.29 | Single-Family Home | $780,000 | 08/12/26 | 3 | 2 | 1,916 | |
2.30 | Single-Family Home | $110,000 | 05/06/26 | 2 | - | 840 | |
3.26 | Single-Family Home | $420,000 | 06/22/26 | 3 | 3 | 1,532 | |
2.16 | Single-Family Home | $140,000 | 04/13/26 | 1 | - | 288 |
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 |
|---|---|---|---|---|---|---|
0.02 | $283,100 | 1 | 1 | 480 | Off Market | |
0.03 | $401,900 | 2 | 2 | 748 | Off Market | |
0.05 | $423,900 | 2 | 1 | 660 | Off Market | |
0.07 | $421,200 | 2 | 1 | 608 | Off Market | |
0.07 | $542,300 | 2 | 1 | 1,148 | Off Market | |
0.07 | $474,600 | 2 | 1 | 1,096 | Off Market | |
0.08 | $276,900 | 2 | 1 | 585 | Off Market | |
0.09 | $443,300 | 3 | 1 | 825 | Off Market | |
0.09 | $599,000 | 2 | 2 | 1,200 | For Sale | |
0.10 | $450,600 | 2 | 1 | 1,115 | Off Market | |
0.12 | $233,600 | 2 | 1 | 725 | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.13 | $494,800 | 3 | 1 | 896 | Off Market | |
0.14 | $596,200 | 2 | 1 | 775 | Off Market | |
0.14 | $590,600 | 3 | 1 | 1,872 | Off Market | |
0.15 | $279,000 | 2 | 1 | 750 | Off Market | |
0.17 | - | 3 | 1 | 912 | Off Market | |
0.18 | - | 3 | 3 | 1,697 | Off Market | |
0.19 | $229,500 | 1 | 1 | 595 | Off Market | |
0.19 | - | - | - | - | Off Market |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jason Roy, Wildwoods Land Company
Agent Phone: (218) 235-1628
Based on information submitted to the MLS GRID as of 2026-11-10 00:32:48 PST. 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
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Frequently asked questions about 1340 Walsh Rd
- What is the estimated monthly payment for 1340 Walsh Rd?Based on a $650,000 list price with 20% down at today's rates, the estimated monthly payment for 1340 Walsh Rd in Ely, MN is approximately $4,170 (about $3,515 principal & interest, $580 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- 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 homes for sale in Ely, MN.
- What are the closest schools to 1340 Walsh Rd?The closest schools to 1340 Walsh Rd in Ely, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
- Does 1340 Walsh Rd have air conditioning?Yes, 1340 Walsh Rd in Ely, MN has air conditioning.
- Does 1340 Walsh Rd have laundry facilities?Yes, 1340 Walsh Rd in Ely, MN has in-unit laundry.
- How big is the lot at 1340 Walsh Rd?The lot at 1340 Walsh Rd in Ely, MN is about 1.1 acres.
1340 Walsh Rd, Ely, MN 55731 is a 4 bedroom, 2 bathroom, 768 sqft single-family home built in 1973. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Jun 1, 2026. The MLS # for this home is MLS# 6125728.