1342 Walsh Rd, Ely, MN 55731
Property image
Property image
FOR SALE
0.56 ACRES

1342 Walsh Rd
Ely, MN 55731

  • 1 Bed
  • 0.5 Baths
  • 480 sqft (on 0.56 acres)

$295,000

Original price: $325,000
Est. Mortgage $1,845/mo*
Get Pre-Qualified

$295,000

Original price: $325,000
Est. Mortgage $1,845/mo*
Get Pre-Qualified
1 Bed
0.5 Baths
480 sqft
(on 0.56 acres)

Home Highlights

Parking
None
Outdoor
Deck
Climate Control
Heating only
Price/Sqft
$615
Listed
76 days ago

Local Information

  • Map ViewExplore the area around 1342 Walsh Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Located on Eagles Nest 3, this charming seasonal cabin sits on a beautiful level lot featuring approximately 100 feet of shoreline and easy access to the water. The screened porch offers peaceful lake views and an ideal place to relax and enjoy the setting. This cozy one-room cabin features an open floor plan with combined kitchen, dining, living, and sleeping areas. A closet toilet and boxed shower provide simple cabin conveniences. Water was supplied through a lake water system, and wastewater is handled with a holding tank. This property (1342 Walsh Rd) and the neighboring four-bedroom home (1340 Walsh Rd) are owned by the same family and may be purchased separately or together for a unique lakefront opportunity.

Home Details for 1342 Walsh Rd

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Bathroom, Other, Porch
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (quarter): 1
Dimensions and Layout
Living Area: 480 Square FeetFoundation Area: 480
Appliances & Utilities
Appliances: Water Heater-Electric
Heating & Cooling
Heating: Fireplace(s),Wall Unit(s),PropaneNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Wood Frames
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckOther Structures: Storage Shed, OtherExterior: DockFoundation: Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Rocky, Sand, Elevation-Low, Shore-Vegetation)Road Frontage: County Road, TownshipRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Holding TankWater Body: Eagles Nest 3
Farm & Range
Frontage Length: 102
Finished Area
Finished Area (above surface): 480 Square Feet

Days on Market

Cumulative Days on Market: 64Days on Market: 76

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Vinyl, Frame/WoodNot a New Construction
Property Information
Condition: Previously OwnedParcel Number: 317015000070

Price & Status

Price
List Price: $295,000Price Per Sqft: $615
Status Change & Dates
Possession Timing: Immediate

Active Status

MLS Status: ACTIVE

Location

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

Agent Information

Listing Agent
Listing ID: 6125722

HOA

No HOA

Lot Information

Lot Area: 0.56 acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6125722Attribution Contact: ***Above Grade Unfinished Area: 480
Last check for updates: about 22 hours ago
Listing courtesy of Jason Roy, (218) 235-1628
Wildwoods Land Company
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6125722
Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

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

Price and Tax history

DateEventPrice
Aug 4, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125722
PriceChange
$295,000
Price decreased by 9%
Jul 27, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125722
PriceChange
$325,000
Price decreased by 13%
Jun 1, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125722
Listed For Sale
$375,000

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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
1531 Bear Head State Park Rd, Ely, MN
0.91
Single-Family Home
$335,000
07/17/26
1
1
1,056
3806 Dorem Dr, Ely, MN
1.68
Single-Family Home
$250,000
07/24/26
2
1
720
3819 Dorem Dr, Ely, MN
1.87
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
1346 Bear Head State Park Rd, Ely, MN
2.15
Single-Family Home
$140,000
04/13/26
1
-
288
3810 Mud Creek Rd, Ely, MN
2.29
Single-Family Home
$110,000
05/06/26
2
-
840
1675 Bradach Rd, Ely, MN
2.27
Single-Family Home
$780,000
08/12/26
3
2
1,916
1755 Bradach Rd, Ely, MN
2.90
Single-Family Home
$260,000
07/08/26
1
1
694

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
1340 Walsh Rd, Ely, MN 55731
0.02
$495,000
4
2
768
For Sale
1347 Walsh Rd, Ely, MN 55731
0.09
$599,000
2
2
1,200
For Sale
3984 Stocking Point Dr, Ely, MN 55731
0.16
$583,900
3
1
1,872
Off Market
TBD Stocking Point Rd #57, Ely, MN 55731
0.19
-
-
-
-
Off Market
3945 Stocking Point Dr, Ely, MN 55731
0.21
$489,000
2
1.5
972
Off Market
1317 Walsh Rd, Ely, MN 55731
0.27
$971,800
4
2.5
2,116
Off Market
1361 Peninsula Rd, Ely, MN 55731
0.40
-
-
-
-
Off Market
- Peninsula Rd, Ely, MN 55731
0.48
-
-
-
-
Off Market
1385 Peninsula Rd, Ely, MN 55731
0.52
$796,700
3
2
1,968
Off Market
1216 Minnesota Blvd, Ely, MN 55731
0.53
$370,100
2
1
1,013
Off Market

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. "
    0
    Flag
  • 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
    Flag
  • 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. "
    0
    Flag
  • 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
    Flag
  • 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."
    0
    Flag
  • 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."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1342 Walsh Rd

  • What is the estimated monthly payment for 1342 Walsh Rd?
    Based on a $295,000 list price with 20% down at today's rates, the estimated monthly payment for 1342 Walsh Rd in Ely, MN is approximately $1,882 (about $1,544 principal & interest, $263 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 1342 Walsh Rd?
    The closest schools to 1342 Walsh Rd in Ely, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
  • What is 1342 Walsh Rd estimated to be worth?
    Trulia's estimated value for 1342 Walsh Rd in Ely, MN is $283,100.
  • How big is the lot at 1342 Walsh Rd?
    The lot at 1342 Walsh Rd in Ely, MN is about 0.56 acres (24,394 sq ft).
Jason Roy, Wildwoods Land Company
Agent Phone: (218) 235-1628
Based on information submitted to the MLS GRID as of 2026-08-16 12:57:27 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
1342 Walsh Rd, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 480 sqft single-family home built in 1940. 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# 6125722.