$422,400
- 2 Beds
- 765 sqft (on 20 acres)
1731 N Grassy Rd, Ely, MN 55731
Est. Refi. Payment $2,739/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 16, 2024 for $435,000
Home Value
Trulia Estimate
$422KSince last month
Increased$11K (+2.8%)Since last year
Decreased$41K (-8.8%)Since last sale
Decreased$14K (-3.1%)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 +98% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $421K |
| August 2026 | $410K |
| July 2026 | $411K |
| June 2026 | $423K |
| May 2026 | $446K |
| April 2026 | $467K |
| March 2026 | $479K |
| February 2026 | $470K |
| January 2026 | $473K |
2025 | |
2024 | |
2023 | |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $335,000 | 10/01/25 | 2 | 1 | 760 | |
2.47 | Single-Family Home | $310,000 | 06/12/26 | 2 | 2 | 967 | |
2.77 | Single-Family Home | $129,000 | 11/13/25 | 1 | - | 280 | |
3.92 | Single-Family Home | $135,000 | 12/05/25 | 1 | - | 480 | |
4.63 | Single-Family Home | $272,500 | 06/30/26 | 1 | 1 | 1,160 | |
5.28 | Single-Family Home | $725,000 | 01/12/26 | 4 | 4 | 2,628 | |
5.88 | Single-Family Home | $489,400 | 10/03/25 | 2 | 1 | 911 |
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 |
|---|---|---|---|---|---|---|
0.18 | $375,000 | 2 | 1 | 760 | For Sale | |
0.53 | - | - | - | - | Off Market | |
0.61 | - | - | - | - | Off Market | |
0.65 | - | - | - | - | Off Market | |
0.67 | - | - | - | - | Off Market | |
0.86 | - | - | - | - | Off Market | |
0.91 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2014
20 acre lot
765 sqft
$552/sqft
About this House
What's unique:Screened in porchOutdoor showerSerene wooded viewsOpen living spaceSuspended bridgePrivate deck
Stunning elevated views of Grassy Pond from a thoughfully placed cabin. Cabin and sauna designed by Architect Dale Mulfinger, with the Sala Architect firm of Minneapolis. Quality handcrafted timber-frame, built in 2014 by the Wee Cabin Company of Ely. One of a kind energy efficient, 14' x 27' open living space, screened in porch, mudroom, and generous sleeping loft. Off grid living, electrically wired for the solar and generator power. Drilled well with freeze proof hand pump and electricle submersible; located conveniently close to the cabin. Carefully crafted wood burning 8 x 16 sauna building with outside fed Kuuma stove, dressing area, porch, and large windows that provide serene wooded views. Newer 16' x 24' bunkhouse designed by two U of M architecture and design students in collaboration with the owner. Hand-built by owners, family and friends. Includes living room with wood stove, main level bedroom with pocket doors, sliding patio doors to the private deck, and large sleeping loft. The 165' long beautiful suspended bridge allows for year round crossing over the marsh to access the low impact footpath through the woods to the north part of the property and beyond. Engineered and built by the owner and an experienced builder seasoned in construction, rigging, and high ropes course construction. The property is surrounded to the East and North by 1000's of acres of federal land, ponds and lakes. Other features include a 12' x 12' screenhouse overlooking Grassy Pond, outhouse, new 10 x 20 shed, and Solar panels. The cabin was featured in the October 2019 Star Tribune; https:startribune.com/less-is-enough-at-wee-cabin-on-edge-of-bwca/562192512. Copy and paste URL to read. Also featured in Dale Mulfinger's 2017 book The Family Cabin.
1731 N Grassy Rd, Ely, MN 55731 is a 2 bedroom, 765 sqft single-family home built in 2014. It last sold for $435,000 on Oct 16, 2024 (6% above the $410,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $422,400, with a rent estimate of $1,398/month.
Last check for updates: about 10 hours ago
Listed by Patricia Bulinski, (218) 349-5595
Bear Island Realty LLC
Bought with: Anna Yahnke, (218) 235-3547, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6115967

Home Details for 1731 N Grassy Rd
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Interior Details Basement: Posts,N/ANumber of Rooms: 4Types of Rooms: Kitchen, Living Room, Loft, Three Season Porch |
Beds & Baths Number of Bedrooms: 2 |
Dimensions and Layout Living Area: 765 Square FeetFoundation Area: 378 |
Appliances & Utilities Appliances: Range, RefrigeratorRefrigerator |
Heating & Cooling Heating: WoodHas HeatingHeating Fuel: Wood |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Free StandingHas a Fireplace |
Gas & Electric Electric: None |
Levels, Entrance, & Accessibility Number of Stories: 1 |
View Has a ViewView: Panoramic |
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Exterior Home Features Roof: MetalVegetation: Heavily WoodedOther Structures: Sauna, Screenhouse, Storage Shed, Bunkhouse |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Outhouse |
Finished Area Finished Area (above surface): 765 Square Feet |
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Cumulative Days on Market: 9 |
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Year Built Year Built: 2014 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic |
Building Construction Materials: Wood, Frame/Wood, Timber/Post & Beam |
Property Information Condition: CompletedParcel Number: 613001003035 |
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Price List Price: $410,000 |
Status Change & Dates Off Market Date: Mon Sep 16 2024Possession Timing: Close Of Escrow |
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MLS Status: SOLD |
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Direction & Address City: Ely |
School Information High School District: Ely #696 |
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No HOA |
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Lot Area: 20 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 6115967Attribution Contact: ***Above Grade Unfinished Area: 765 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 16, 2024 Source: Lake Superior Area Realtors as distributed by MLS GRID #6115967 | Sold | $435,000 |
Sep 17, 2024 Source: Lake Superior Area Realtors as distributed by MLS GRID #6115967 | Contingent | $410,000 |
Sep 7, 2024 Source: Lake Superior Area Realtors as distributed by MLS GRID #6115967 | Listed For Sale | $410,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,760 | $166,300 |
Home facts updated by county records
Market trends in Ely
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
103
5MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-22 13:32:16 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 1731 N Grassy Rd
- What is 1731 N Grassy Rd estimated to be worth?Trulia's estimated value for 1731 N Grassy Rd in Ely, MN is $422,400.
- What is the price history for 1731 N Grassy Rd?1731 N Grassy Rd in Ely, MN last sold for $435,000 in October 2024.
- 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 1731 N Grassy Rd?The lot at 1731 N Grassy Rd in Ely, MN is about 20 acres.

