14057 Fall Lake, Ely, MN 55731
Property image
Property image
OFF MARKET

14057 Fall Lake
Ely, MN 55731

  • 2 Beds
  • 457 sqft (on 0.50 acres)

$263,300

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,655/mo*
Refinance Your Home

$263,300

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,655/mo*
Refinance Your Home
2 Beds
457 sqft
(on 0.50 acres)

Home Value

Trulia Estimate
$263K
Since last month
Decreased$33K (-11.9%)
Since last year
Decreased$34K (-12.2%)
Since last sale
Increased$120K (+96%)
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 decreased by -12% in the last 10 years
MonthEstimated value
2026
August 2026$245K
July 2026$278K
June 2026$276K
May 2026$274K
April 2026$255K
March 2026$260K
February 2026$260K
January 2026$239K
2025

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
631 Circle Dr, Ely, MN
0.30
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
14108 Fall Lake Rd, Ely, MN
0.61
Single-Family Home
$359,000
05/29/26
2
2
3,274
386 Garden Lake Rd, Ely, MN
1.97
Single-Family Home
$419,000
12/08/25
3
2
2,281
13408 Black Bear Tr, Ely, MN
2.74
Single-Family Home
$210,000
09/25/25
2
1
614
1152 Fernberg Rd, Ely, MN
2.51
Single-Family Home
$150,000
07/24/26
1
1
516
13464 Chestnut Dr, Ely, MN
2.98
Single-Family Home
$210,000
07/27/26
2
1
1,215
480 Kawishiwi Tr, Ely, MN
2.59
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
607 N Main St, Winton, MN
3.02
Single-Family Home
$415,000
03/06/26
2
1
1,088
13436 Bear Paw Trail, Ely, MN
2.59
Single-Family Home
$460,000
09/12/25
2
1
721
540 Loop Rd, Ely, MN
2.52
Single-Family Home
$710,000
02/06/26
3
2
3,160

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
TBD Circle Dr, Ely, MN 55731
0.20
$65,000
-
-
-
Recently Sold
631 Circle Dr, Ely, MN 55731
0.30
$805,000
3
2.5
2,373
Recently Sold
xxxx Circle Dr, Ely, MN 55731
0.33
-
-
-
-
Off Market
xxx Fernberg Rd, Ely, MN 55731
0.33
$164,600
1
-
320
Off Market
xxxxx Fernberg Rd, Ely, MN 55731
0.42
$179,600
1
-
570
Off Market
611 Circle Dr, Ely, MN 55731
0.42
$629,400
3
1
1,253
Off Market
14015 Romberg Shores Rd, Ely, MN 55731
0.53
$634,500
3
2
2,294
Off Market
13872 Outback Rd, Ely, MN 55731
0.54
$137,900
1
-
486
Off Market
TBD Outback Rd, Ely, MN 55731
0.56
-
-
-
-
Off Market
14108 Fall Lake Rd, Ely, MN 55731
0.61
$359,000
2
2
3,274
Recently Sold

Local Information

  • Map ViewExplore the area around 14057 Fall Lake.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Lot Size
0.5 acres
Living Area
457 sqft
Price/Sqft
$576
Parking
Open Parking

About this House

Excellent opportunity to be on this Boundary Waters Lake. This rustic cabin is of timber frame construction and features a bedroom and a loft. Living room features a wood burning fireplace, kitchen has nice wood cabinetry and a dining area. Exceptional views down Fall Lake from the cabin. Parcel features 70 of shoreline with about a half of acre.
14057 Fall Lake, Ely, MN 55731 is a 2 bedroom, 457 sqft single-family home built in 1900. It last sold for $125,000 on Nov 10, 2010 (22% below the $159,500 asking price). It is currently off market. The Trulia Estimate is $263,300, with a rent estimate of $1,257/month.
Last check for updates: about 3 hours ago
Listed by Bruce Chernak, (218) 343-6781
Bear Island Land Co., Inc
Bought with: Bruce Chernak, (218) 343-6781, Bear Island Land Co., Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1247929

Home Details for 14057 Fall Lake

Interior Features

Interior Details
Basement: PostsNumber of Rooms: 4Types of Rooms: Master Bedroom, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 2
Dimensions and Layout
Living Area: 457 Square Feet
Heating & Cooling
Heating: WoodHas HeatingHeating Fuel: Wood
Fireplace & Spa
Fireplace: Wood Burning
Windows, Doors, Floors & Walls
Window: Wood Frames
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Lake Superior, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleVegetation: Heavily Wooded
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Off Street,None
Frontage
WaterfrontWaterfront: Inland LakeRoad Frontage: Private RoadResponsible for Road Maintenance: Private Maintained RoadOn Waterfront
Water & Sewer
Sewer: OuthouseWater Body: Fall
Farm & Range
Frontage Length: 70
Finished Area
Finished Area (above surface): 457 Square Feet

Days on Market

Cumulative Days on Market: 107

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log
Building
Construction Materials: Log, Wood, Frame/Wood, Log Home
Property Information
Condition: Previously OwnedParcel Number: 286316001120

Price & Status

Price
List Price: $159,500
Status Change & Dates
Off Market Date: Wed Sep 08 2010Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

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

Lot Information

Lot Area: 0.50 acres

Offer

Listing Terms: Contract

Miscellaneous

Mls Number: 1247929Water ViewWater View: Lake SuperiorAbove Grade Unfinished Area: 457

Price and Tax history

DateEventPrice
Nov 10, 2010
Source: Lake Superior Area Realtors as distributed by MLS GRID #1247929
Sold
$125,000

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

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

Based on information submitted to the MLS GRID as of 2026-08-18 14:52:35 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

Frequently asked questions about 14057 Fall Lake

  • What is 14057 Fall Lake estimated to be worth?
    Trulia's estimated value for 14057 Fall Lake in Ely, MN is $263,300.
  • What is the price history for 14057 Fall Lake?
    14057 Fall Lake in Ely, MN last sold for $125,000 in November 2010.
  • 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.
  • How big is the lot at 14057 Fall Lake?
    The lot at 14057 Fall Lake in Ely, MN is about 0.50 acres (21,780 sq ft).
  • Does 14057 Fall Lake have parking?
    Yes, 14057 Fall Lake in Ely, MN has on-site parking.

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