2125 Sibley Court, Ely, MN 55731
Property image
Property image
SOLD
MAY 27, 2026

$492,500

Trulia Estimate

    2125 Sibley Court, Ely, MN 55731

    Est. Refi. Payment $3,059/mo*
    Refinance Your Home
    Currently Off Market - Sold May 27, 2026 for $490,000 (1,300% above list price)

    Home Value

    Trulia Estimate
    $493K
    Since last month
    Decreased$600 (-0.1%)
    Since last year
    Decreased$900 (-0.2%)
    Since last sale
    Increased$3K (+0.5%)
    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 decreased by 0% in the last 10 years
    MonthEstimated value
    2026
    August 2026$493K
    August 2026$492K
    July 2026$493K
    June 2026$493K

    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
    2120 Sibley Dr, Ely, MN
    0.07
    Lot/Land
    $39,000
    07/29/26
    -
    -
    2128 and 2136 Sibley Court, Ely, MN
    0.06
    Lot/Land
    $38,900
    10/23/25
    -
    -
    1322 N 18th Ave E, Ely, MN
    0.27
    Lot/Land
    $40,000
    01/21/26
    -
    -
    1317 N Pioneer Rd, Ely, MN
    0.67
    Lot/Land
    $270,000
    06/05/26
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    1.51
    Lot/Land
    $52,900
    12/05/25
    -
    -
    TBD Lindbeck Rd, Ely, MN
    2.89
    Lot/Land
    $105,000
    06/15/26
    -
    -
    XXX4 Powerhouse Trail Lot 4, Ely, MN
    3.32
    Lot/Land
    $215,000
    09/11/25
    -
    -
    XXX3 Powerhouse Trail Lot 3, Ely, MN
    3.36
    Lot/Land
    $225,000
    09/04/25
    -
    -

    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
    2117 Sibley Court, Ely, MN 55731
    0.03
    -
    -
    -
    -
    Off Market
    2128 and 2136 Sibley Court, Ely, MN 55731
    0.06
    -
    -
    -
    -
    Off Market
    2211 Sibley Dr, Ely, MN 55731
    0.10
    -
    -
    -
    -
    Off Market
    2120 Sibley Dr, Ely, MN 55731
    0.07
    $39,000
    -
    -
    -
    Recently Sold
    2221 Sibley Dr, Ely, MN 55731
    0.12
    $32,900
    -
    -
    -
    For Sale
    2231 Sibley Dr, Ely, MN 55731
    0.13
    $32,900
    -
    -
    -
    For Sale
    1326 N 21st Ave E, Ely, MN 55731
    0.17
    $250,000
    3
    2
    1,728
    Recently Sold
    - Savoy Rd, Ely, MN 55731
    0.14
    -
    -
    -
    -
    Off Market
    TBD Spaulding Dr, Ely, MN 55731
    0.19
    -
    -
    -
    -
    Off Market
    2211 Spaulding Dr, Ely, MN 55731
    0.19
    $640,000
    4
    3
    3,336
    Recently Sold
    2000 N 14th St, Ely, MN 55731
    0.21
    $299,000
    3
    3
    1,740
    Off Market

    Local Information

    • Map ViewExplore the area around 2125 Sibley Court.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    0.75 acres

    About this House

    Excellent location for your future home or cabin! This in-town Ely lot features nice tree cover, a level lot and is +/- .75 acres in size. Convenient location on a quiet cul-de-sac near the Trezona Trail, Miners Lake, Shagawa Lake and downtown Ely. All city services are available including electric, water & sewer.
    2125 Sibley Court, Ely, MN 55731 is a lot/land. It last sold for $490,000 on May 27, 2026 (1,300% above the $35,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $492,500, with a rent estimate of $2,913/month.
    Last check for updates: about 8 hours ago
    Listed by Kate Davies, (218) 343-9173
    Bear Island Realty LLC
    Anna Yahnke, (218) 235-3547
    Bear Island Realty LLC
    Bought with: Anna Yahnke, (218) 235-3547, Bear Island Realty LLC
    Co-Buyer's Agent: Kate Davies, (218) 343-9173
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6118369

    Home Details for 2125 Sibley Court

    Interior Features

    Appliances & Utilities
    Utilities: City Water, City Sewer, Electricity Available
    Gas & Electric
    Electric: City Of Ely
    View
    No View

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Frontage
    Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront

    Days on Market

    Cumulative Days on Market: 232

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 030006600030

    Price & Status

    Price
    List Price: $35,000
    Status Change & Dates
    Off Market Date: Fri May 16 2025Possession Timing: Close Of Escrow

    Active Status

    MLS Status: SOLD

    Location

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

    HOA

    No HOA

    Lot Information

    Lot Area: 0.75 acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6118369Attribution Contact: ***

    Price and Tax history

    DateEventPrice
    May 27, 2026
    Source: N/A
    		Sold
    $490,000
    Jun 27, 2025
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6118369
    		Sold
    $30,000
    May 16, 2025
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6118369
    		Pending
    $35,000
    Mar 27, 2025
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6118369
    		Listed For Sale
    $35,000
    Mar 26, 2025
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6116304
    		ListingRemoved
    $36,000

    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

    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. "
      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

    Based on information submitted to the MLS GRID as of 2026-09-02 13:02:42 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 2125 Sibley Court

    • What is 2125 Sibley Court estimated to be worth?
      Trulia's estimated value for 2125 Sibley Court in Ely, MN is $492,500.
    • What is the price history for 2125 Sibley Court?
      2125 Sibley Court in Ely, MN last sold for $490,000 in May 2026.
    • 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.

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