1438 Highway 120, Ely, MN 55731
OFF MARKET

1438 Highway 120
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 1,248 sqft (on 5 acres)

$327,000

Trulia Estimate
as of Jun 15, 2026
Est. Refi. Payment $2,005/mo*
Refinance Your Home

$327,000

Trulia Estimate
as of Jun 15, 2026
Est. Refi. Payment $2,005/mo*
Refinance Your Home
3 Beds
1 Bath
1,248 sqft
(on 5 acres)

Local Information

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

Description

This great 3BR country home has 5 acres of land with huge pines and is located just 7 miles south of Ely on a paved road. Home has been totally renovated w/ quality materials and workmanship. The open LR/DR/KI area has laminate flooring throughout, new drywall, large windows giving great views of the front and back yard. The KI is beautiful and has a great deal of cabinet space, a pantry/cupboard and island/bar. There is a new free-standing propane stove in the living room. The remodeled full bath has ceramic flooring and tub surround. The three BRs all have spacious, walk-in closets. The full, block walk-out basement has a wood stove in addition to the furnace, laundry facilities and plenty of storage space. New front and back decks. The detached 2 car garage has a large heated shop. There is a new chicken coop, fenced garden area & large back yard. A great opportunity to live in the country just minutes from Ely! Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Janet Erchul
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.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1438 Highway 120

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Metal
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Single Family HomeArchitecture: mobile home (double-wide)

Community

Units in Building: 1

Lot Information

Lot Area: 5.00 acres

Price History for 1438 Highway 120

DatePriceEventSource
10/19/2023$280,000Sold
N/A
07/29/2022$275,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6103327
06/15/2022$269,900PendingLake Superior Area Realtors as distributed by MLS GRID #6103327
06/07/2022$269,900Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6103327
06/27/2014$128,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #2170284
05/03/2014$139,000Listed For SaleAgent Provided
01/01/2014$139,000ListingRemovedAgent Provided
09/06/2013$139,000PriceChange
Agent Provided
11/18/2012$149,000Listed For SaleAgent Provided
01/06/2004$118,251Sold
N/A

Market trends in Ely

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
79
6MoM
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Property Tax and Assessment

Year2024
Tax$1,792
Assessment$282,300
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,807/mo
List your home for rent

Comparable Sales for 1438 Highway 120

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1480 Maijala Rd, Ely, MN
0.54
Single-Family Home
$265,000
06/10/26
3
1.5
1,408
9330 Birch Lake Rd, Ely, MN
1.55
Single-Family Home
$380,000
06/27/25
3
2
2,517
1317 N Highway 21, Ely, MN
2.52
Single-Family Home
$350,000
09/05/25
3
1.5
2,400
297 S Kawishiwi Summer Homes Rd, Ely, MN
3.51
Single-Family Home
$280,000
09/30/25
1
-
459
2137 Deer Ridge Rd, Ely, MN
4.89
Single-Family Home
$420,000
11/14/25
1
1
1,440
Xxxxx White Iron Lk, Ely, MN
4.36
Single-Family Home
$285,000
03/06/26
3
-
1,072
3206 Shady Rst, Ely, MN
5.54
Single-Family Home
$710,200
08/29/25
2
2
1,768
3206 Shadyrest, Ely, MN
5.56
Single-Family Home
$710,200
08/29/25
2
2
918

Nearby homes

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Assigned Schools

These are the assigned schools for 1438 Highway 120.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
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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
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  • 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
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  • 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
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Apartments for Rent

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Homes for sale near 1438 Highway 120

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Off Market Homes Near 1438 Highway 120

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1438 Highway 120, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 1,248 sqft single-family home built in 1976. This property is not currently available for sale. 1438 Highway 120 was last sold on Oct 19, 2023 for $280,000. The current Trulia Estimate for 1438 Highway 120 is $327,000.