202 Cedar Ln, Ely, MN 55731
OFF MARKET

202 Cedar Ln
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 1,280 sqft (on 2.07 acres)

$501,800

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,083/mo*

$501,800

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,083/mo*
2 Beds
1 Bath
1,280 sqft
(on 2.07 acres)

Home Value

Trulia Estimate
$502K
Since last month
Increased$3K (+0.6%)
Since last year
Increased$20K (+4.2%)
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 +15% in the last 10 years
MonthEstimated value
2026
August 2026$502K
July 2026$508K
June 2026$499K
May 2026$500K
April 2026$480K
March 2026$467K
February 2026$496K
January 2026$467K
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
1.49
Single-Family Home
$930,000
08/29/25
3
2
2,042
1.56
Single-Family Home
$735,000
09/04/25
3
2
2,189
2.04
Single-Family Home
$415,000
03/06/26
2
1
1,088
2.28
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
2.99
Single-Family Home
$419,000
12/08/25
3
2
2,281
2.60
Single-Family Home
$359,000
05/29/26
2
2
3,274
3.66
Single-Family Home
$300,000
06/12/26
3
1
996
3.80
Single-Family Home
$130,000
07/31/26
3
1
1,373
3.04
Single-Family Home
$135,000
08/15/25
1
-
486
3.90
Single-Family Home
$210,000
07/27/26
2
1
1,215

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
0.66
$820,900
2
2
1,532
Off Market
0.82
-
-
-
-
Off Market
0.82
-
-
-
-
Off Market
0.82
-
-
-
-
Off Market
0.82
-
-
-
-
Off Market
0.95
$249,000
2
1
912
For Sale
1.05
-
-
-
-
Off Market
1.24
-
-
-
-
Off Market
1.35
-
-
-
-
Off Market
1.49
$943,600
3
2
2,042
Off Market
1.45
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 202 Cedar Ln.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Lot Size
2.07 acres
Living Area
1,280 sqft
Price/Sqft
$392

About this House

This single-family home is located at 202 Cedar Ln, Ely, MN. 202 Cedar Ln is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 1 bathroom and approximately 1,280 sqft of floor space. This property has a lot size of 2.07 acres and was built in 1950.
202 Cedar Ln, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,280 sqft single-family home built in 1950. It is currently off market. The Trulia Estimate is $501,800, with a rent estimate of $1,705/month.

Home Details for 202 Cedar Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5
Interior Details
Additional StorageIn-law unitStorage
Heating & Cooling
Air Conditioning
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family HomeArchitecture: Log Cabin/Rustic

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 72

Lot Information

Lot Area: 2.07 acres

Building

Pool
Sauna

Price and Tax history

YearProperty taxTax assessment
2025
$3,111
$527,000
Home facts updated by county records

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
2
MoM
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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. "
  • 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 . "
  • 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. "
  • 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."
  • 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."
  • 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."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 202 Cedar Ln

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Off Market Homes Near 202 Cedar Ln

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Frequently asked questions about 202 Cedar Ln

  • What is 202 Cedar Ln estimated to be worth?
    Trulia's estimated value for 202 Cedar Ln in Ely, MN is $501,800.
  • 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.
  • What are the closest schools to 202 Cedar Ln?
    The closest schools to 202 Cedar Ln in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
  • How big is the lot at 202 Cedar Ln?
    The lot at 202 Cedar Ln in Ely, MN is about 2.1 acres.