14108 Fall Lake Rd, Ely, MN 55731
Property image
Property image
SOLD
MAY 29, 2026

14108 Fall Lake Rd
Ely, MN 55731

  • 2 Beds
  • 2 Baths
  • 3,274 sqft (on 3.20 acres)

$359,000

Last Sold: May 29, 2026
3% below list $369K
$110/sqft
Est. Refi. Payment $2,231/mo*
Refinance Your Home

$359,000

Last Sold: May 29, 2026
3% below list $369K
$110/sqft
Est. Refi. Payment $2,231/mo*
Refinance Your Home
2 Beds
2 Baths
3,274 sqft
(on 3.20 acres)

Home Value

Trulia Estimate
$347K
Since last month
Decreased$1K (-0.4%)
Since last year
Increased$43K (+14.2%)
Since last sale
Decreased$13K (-3.5%)
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 increased by +32% in the last 10 years
MonthEstimated value
2026
August 2026$347K
July 2026$348K
June 2026$376K
May 2026$352K
April 2026$352K
March 2026$345K
February 2026$345K
January 2026$338K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.51
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
386 Garden Lake Rd, Ely, MN
2.57
Single-Family Home
$419,000
12/08/25
3
2
2,281
540 Loop Rd, Ely, MN
3.10
Single-Family Home
$710,000
02/06/26
3
2
3,160
1152 Fernberg Rd, Ely, MN
2.25
Single-Family Home
$150,000
07/24/26
1
1
516
142 Onigum Tr, Ely, MN
3.09
Single-Family Home
$930,000
08/29/25
3
2
2,042
480 Kawishiwi Tr, Ely, MN
3.18
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
118 Onigum Tr, Ely, MN
3.19
Single-Family Home
$735,000
09/04/25
3
2
2,189
13436 Bear Paw Trail, Ely, MN
3.13
Single-Family Home
$460,000
09/12/25
2
1
721
13462 Villa Rd, Ely, MN
3.51
Single-Family Home
$465,000
05/27/26
4
2.5
1,962

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
XXX Fall Lake Rd, Ely, MN 55731
0.03
-
-
-
-
Off Market
XXX Fall Lake Rd, Ely, MN 55731
0.51
-
1
-
320
Off Market
TBD Fall Lake, Winton, MN 55796
0.52
$412,000
2
-
800
Off Market
TBD Circle Dr, Ely, MN 55731
0.49
$65,000
-
-
-
Recently Sold
631 Circle Dr, Ely, MN 55731
0.50
$805,000
3
2.5
2,373
Recently Sold
14057 Fall Lake, Ely, MN 55731
0.61
$245,900
2
-
457
Off Market
611 Circle Dr, Ely, MN 55731
0.65
$629,400
3
1
1,253
Off Market
13872 Outback Rd, Ely, MN 55731
0.66
$137,900
1
-
486
Off Market
TBD Outback Rd, Ely, MN 55731
0.68
-
-
-
-
Off Market
xxxx Circle Dr, Ely, MN 55731
0.78
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 14108 Fall Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
3.2 acres
Living Area
3,274 sqft
Price/Sqft
$110/sqft
Parking
4 Car Garage

About this House

Large country home located approx. 6 miles east of Ely on the Fall Lake Road, and very near the Fall Lake public landing and campground, providing easy access to Fall Lake and the BWCAW! This property has approx. 3.2 acres, and directly adjoins thousands of acres of state and federal lands. The home has over 3000 square feet of living space and is one level over a full finished basement. There is also a second building (56'x16') that previously served as a store and bait shop serving the nearby landing and campground, and it also has a 2 bedroom, 1 bath apartment on the second floor that is currently rented. Back to the house: the main floor has a huge living room, large kitchen/dining room combo, 2 nice bedrooms, and a full bath. The lower level has a large rec room with a 2nd kitchen, a 3/4 bath, 2 nice bonus rooms, and a large storage room. Walkout door to the backyard. There are 2 covered porches on the home: 1 facing the front and the other facing the gorgeous peaceful woods! Also, a carport that attaches the house to the 4 car capacity garage. Brand new 4 bedroom septic system in 2024. This is a great property with lots of exciting options for the future.
14108 Fall Lake Rd, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 3,274 sqft single-family home. It last sold for $359,000 on May 29, 2026 (3% below the $369,000 asking price). It is currently off market. The Trulia Estimate is $346,500, with a rent estimate of $2,424/month.
Last check for updates: about 14 hours ago
Listed by Jeff Hway, (218) 349-0906
Bear Island Realty LLC
Zachary Hway, (651) 341-0383
Bear Island Realty LLC
Bought with: Janet Erchul, (218) 365-2100, Ely Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6124302

Home Details for 14108 Fall Lake Rd

Interior Features

Interior Details
Basement: Full,Finished,Walkout,Bath,Family/Rec Room,Kitchen,Utility RoomNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Bonus Room, Kitchen, Living Room, Recreation Room, Storage
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 3274 Square FeetFoundation Area: 2037
Heating & Cooling
Heating: Baseboard,Fireplace(s),Propane,ElectricHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Exterior Home Features
Foundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached,Electrical Service,Slab
Frontage
Not on Waterfront
Water & Sewer
Sewer: Private Sewer, Mound Septic
Finished Area
Finished Area (above surface): 1637 Square FeetFinished Area (below surface): 1637 Square Feet

Days on Market

Cumulative Days on Market: 14

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 28631115325, 28631115330, and 28631115317

Price & Status

Price
List Price: $369,000Price Per Sqft: $110/sqft
Status Change & Dates
Off Market Date: Wed Apr 15 2026

Active Status

MLS Status: SOLD

Location

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

HOA

No HOA

Lot Information

Lot Area: 3.2 Acres

Miscellaneous

BasementMls Number: 6124302Attribution Contact: ***Above Grade Unfinished Area: 1637

Price and Tax history

DateEventPrice
May 29, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124302
Sold
$359,000
May 20, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124302
Pending
$369,000
Apr 17, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124302
Contingent
$369,000
Apr 2, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124302
Listed For Sale
$369,000
Feb 6, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122166
ListingRemoved
$359,000

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 2026-08-21 10:42:26 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 14108 Fall Lake Rd

  • What is 14108 Fall Lake Rd estimated to be worth?
    Trulia's estimated value for 14108 Fall Lake Rd in Ely, MN is $346,500.
  • What is the price history for 14108 Fall Lake Rd?
    14108 Fall Lake Rd in Ely, MN last sold for $359,000 in May 2026.
  • 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 14108 Fall Lake Rd?
    The lot at 14108 Fall Lake Rd in Ely, MN is about 3.2 acres.
  • Does 14108 Fall Lake Rd have a garage?
    Yes, 14108 Fall Lake Rd in Ely, MN has an attached garage.

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