1468 Highway 120, Ely, MN 55731
OFF MARKET

1468 Highway 120
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 2,016 sqft (on 29.38 acres)
2 Beds
1 Bath
2,016 sqft
(on 29.38 acres)

Local Information

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

Description

Check out this rare property on almost 30 acres that backs up to over 1000 acres of public land! This 2 bedroom 1 bath farm house is full of charm and character from the original hardwood floors to the cute eat in kitchen. Some updates include vinyl windows, metal roof, and vinyl siding. There are multiple outbuildings and a chicken coop, a big field that at one time was a fantastic garden, and a pole building with it's own 100amp electrical service as well! This property has so much potential and is just waiting for it's new owner to revive it!
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 08, 2025

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1468 Highway 120

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (half): 1Number of Bathrooms (quarter): 1
Dimensions and Layout
Living Area: 2016 Square FeetFoundation Area: 672
Heating & Cooling
Heating: Baseboard,ElectricHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Exterior Home Features
Other Structures: Pole BuildingFoundation: Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 1344 Square FeetFinished Area (below surface): 672 Square Feet

Days on Market

Cumulative Days on Market: 9

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465001005040

Price & Status

Price
List Price: $180,000
Status Change & Dates
Off Market Date: Wed Jul 31 2024

Active Status

MLS Status: SOLD

Location

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

HOA

No HOA

Lot Information

Lot Area: 29.38 Acres

Miscellaneous

BasementMls Number: 6115041Attribution Contact: ***Above Grade Unfinished Area: 1344
Last check for updates: about 5 hours ago
Listed by Joseph Tome, (218) 235-8325
Grand Properties
Bought with: Zachary Hway, (651) 341-0383, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6115041

Price History for 1468 Highway 120

DatePriceEventSource
09/27/2024$190,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6115041
08/20/2024$180,000PendingNorthstarMLS as distributed by MLS GRID #6573066
08/01/2024$180,000ContingentLake Superior Area Realtors as distributed by MLS GRID #6115041
07/22/2024$180,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6573066
11/12/2003$20,000Sold
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$1,918
Assessment$195,400
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,725/mo
List your home for rent

Comparable Sales for 1468 Highway 120

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1480 Maijala Rd, Ely, MN
0.78
Single-Family Home
$265,000
06/10/26
3
1.5
1,408
9330 Birch Lake Rd, Ely, MN
1.21
Single-Family Home
$380,000
06/27/25
3
2
2,517
1317 N Highway 21, Ely, MN
2.61
Single-Family Home
$350,000
09/05/25
3
1.5
2,400
297 S Kawishiwi Summer Homes Rd, Ely, MN
3.42
Single-Family Home
$280,000
09/30/25
1
-
459
Xxxxx White Iron Lk, Ely, MN
4.63
Single-Family Home
$285,000
03/06/26
3
-
1,072
2137 Deer Ridge Rd, Ely, MN
5.21
Single-Family Home
$420,000
11/14/25
1
1
1,440
36 E Beacon Hill Rd, Ely, MN
5.98
Single-Family Home
$198,000
11/12/25
3
2
1,920

Nearby homes

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Assigned Schools

These are the assigned schools for 1468 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
    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
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Apartments for Rent

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Homes for sale near 1468 Highway 120

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Off Market Homes Near 1468 Highway 120

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Based on information submitted to the MLS GRID as of 2026-06-14 23:52:22 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
1468 Highway 120, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 2,016 sqft single-family home built in 1910. This property is not currently available for sale. 1468 Highway 120 was last sold on Sep 27, 2024 for $190,000 (6% higher than the asking price of $180,000).