1361 Peninsula Rd, Ely, MN 55731
SOLD
AUG 21, 2025

1361 Peninsula Rd
Ely, MN 55731

    $325,000

    Last Sold: Aug 21, 2025
    Est. Refi. Payment $1,969/mo*
    Refinance Your Home

    $325,000

    Last Sold: Aug 21, 2025
    Est. Refi. Payment $1,969/mo*
    Refinance Your Home
    (on 3.35 acres)

    Homes for sale near 1361 Peninsula Rd

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    Apartments for Rent

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    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    SPECTACULAR 3+ acre lake lot on highly sought after Eagles Nest 2 with 350' of fabulous shoreline! Amazing views of the crystal clear water are breathtaking from the elevated ledge rock build site. Towering pines and beautiful cedars at the water's edge create a quiet, private setting for your dream cabin or year round home. Stroll down an established path to enjoy the south facing shoreline. A level area near the water is perfect for gathering around a firepit or enjoying a book in a hammock. Don't miss this amazing opportunity!
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 09, 2025

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 1361 Peninsula Rd

    Interior Features

    Appliances & Utilities
    Utilities: Satellite
    Gas & Electric
    Electric: Lake Country PowerHas Electric on Property
    View
    Has a ViewView: Inland Lake

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Parking & Garage
    Parking: Gravel
    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Shore-Accessible, Elevation-High)On Waterfront
    Water & Sewer
    Water Body: Eagles Nest 2
    Farm & Range
    Frontage Length: 350

    Days on Market

    Cumulative Days on Market: 6

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 317023000230

    Price & Status

    Price
    List Price: $325,000
    Status Change & Dates
    Off Market Date: Wed Jul 02 2025Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: St. Louis County #2142

    HOA

    No HOA

    Lot Information

    Lot Area: 3.35 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6120387Water ViewWater View: LakeAttribution Contact: ***
    Last check for updates: about 8 hours ago
    Listed by Connie Coughlin, (218) 235-8289
    Bear Island Realty LLC
    Bought with: Dan Anderson, (218) 327-9889, Move it Real Estate Group/Lakehomes.com
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6120387

    Price History for 1361 Peninsula Rd

    DatePriceEventSource
    08/21/2025$325,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #6120387
    08/09/2025$325,000PendingLake Superior Area Realtors as distributed by MLS GRID #6120387
    07/02/2025$325,000ContingentLake Superior Area Realtors as distributed by MLS GRID #6120387
    06/27/2025$325,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6120387
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    Comparable Sales for 1361 Peninsula Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Tbd Migisi Rd, Ely, MN
    1.32
    Lot/Land
    $133,000
    09/04/25
    -
    -
    3596 Lake Four Rd W, Ely, MN
    2.31
    Lot/Land
    $79,900
    07/11/25
    -
    -
    3732 Highway 169, Ely, MN
    2.60
    Lot/Land
    $290,000
    12/05/25
    -
    -
    Moose Creek Trl, Ely, MN
    3.32
    Lot/Land
    $100,000
    04/01/26
    -
    -
    3687 Highway 169, Ely, MN
    2.93
    Lot/Land
    $95,000
    06/06/25
    -
    -
    Moose Junction Trl, Ely, MN
    5.31
    Lot/Land
    $51,000
    12/15/25
    -
    -
    3168 Wolf Lake Rd, Ely, MN
    6.13
    Lot/Land
    $249,000
    07/03/25
    -
    -
    Xxx Burntside Lake Is, Ely, MN
    6.34
    Lot/Land
    $275,000
    10/09/25
    -
    -
    Xxx Burntside Lake Is, Ely, MN
    6.31
    Lot/Land
    $250,000
    10/09/25
    -
    -

    Assigned Schools

    These are the assigned schools for 1361 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 it's walkable to grocery stores

    • 75 % Say there are sidewalks

    • 73 % Say streets are well-lit

    • 72 % Say neighbors are friendly

    • 45 % Say there are community events

    • 36 % Say they plan to stay for at least 5 years

    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
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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
      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
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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."
      0
      Flag

    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-05-07 15:47:17 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

    Homes for rent near 1361 Peninsula Rd

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    Off Market Homes Near 1361 Peninsula Rd

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    1361 Peninsula Rd, Ely, MN 55731 is a lot/land. This property is not currently available for sale. 1361 Peninsula Rd was last sold on Aug 21, 2025 for $325,000 (0% higher than the asking price of $325,000).