1471 Highway 1, Ely, MN 55731
Property image
Property image
OFF MARKET

1471 Highway 1
Ely, MN 55731

  • 1 Bed
  • 1 Bath
  • 512 sqft (on 8.70 acres)

$161,500

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $1,020/mo*
Refinance Your Home

$161,500

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $1,020/mo*
Refinance Your Home
1 Bed
1 Bath
512 sqft
(on 8.70 acres)

Local Information

  • Map ViewExplore the area around 1471 Highway 1.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 1471 Highway 1, Ely, MN. 1471 Highway 1 is in Ely, MN and in ZIP code 55731. This property has 1 bedroom, 1 bathroom and approximately 512 sqft of floor space. This property has a lot size of 8.70 acres and was built in 2016.
1471 Highway 1, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 512 sqft single-family home built in 2016. It last sold for $30,000 on Aug 14, 2015. It is currently off market. The Trulia Estimate is $161,500, with a rent estimate of $1,505/month.

Home Highlights

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

Home Details for 1471 Highway 1

Interior Features

Interior Details
BasementIn-law unit
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Exterior: Metal

Community

Units in Building: 1

Lot Information

Lot Area: 8.70 acres

Price History for 1471 Highway 1

DatePriceEventSource
08/14/2015$30,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #2307296
10/31/2014$16,794Sold
N/A
04/23/2014$6,751Sold
N/A
01/25/2002$1,500Sold
N/A
11/20/2001$10,000Sold
N/A

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2024
Tax$1,106
Assessment$122,000
Home facts updated by county records

Comparable Sales for 1471 Highway 1

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1480 Maijala Rd, Ely, MN
1.17
Single-Family Home
$265,000
06/10/26
3
1.5
1,408
2137 Deer Ridge Rd, Ely, MN
3.48
Single-Family Home
$420,000
11/14/25
1
1
1,440
1493 Inspiration Road, Ely, MN
3.09
Single-Family Home
$439,000
06/30/26
3
2
2,085
297 S Kawishiwi Summer Homes Rd, Ely, MN
3.05
Single-Family Home
$280,000
09/30/25
1
-
459
xxxxx White Iron Lake, Ely, MN
2.71
Single-Family Home
$285,000
03/06/26
3
-
1,072
118 Sunset Rd, Ely, MN
3.06
Single-Family Home
$285,000
03/10/26
1
-
-
3206 Shadyrest, Ely, MN
3.92
Single-Family Home
$710,200
08/29/25
2
2
918
1317 N Hwy 21, Ely, MN
3.81
Single-Family Home
$350,000
09/05/25
3
1.5
2,400
3206 Shady Rest, Ely, MN
3.91
Single-Family Home
$710,200
08/29/25
2
2
1,768

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 1471 Highway 1.
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. "
    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

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Homes for sale near 1471 Highway 1

Skip to last item
Skip to first item

Off Market Homes Near 1471 Highway 1

Skip to last item
  • Results are loading
Skip to first item