2175 Highway 1, Ely, MN 55731
Property image
Property image
OFF MARKET

2175 Highway 1
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 2,288 sqft (on 2.85 acres)

$279,600

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,751/mo*
Refinance Your Home

$279,600

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,751/mo*
Refinance Your Home
3 Beds
1 Bath
2,288 sqft
(on 2.85 acres)

Home Value

Trulia Estimate
$280K
Since last month
Decreased$7K (-2.3%)
Since last year
Increased$9K (+3.5%)
Since last sale
Increased$172K (+163.6%)
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 +166% in the last 10 years
MonthEstimated value
2026
August 2026$277K
July 2026$280K
June 2026$283K
May 2026$278K
April 2026$271K
March 2026$263K
February 2026$256K
January 2026$254K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
1493 Inspiration Road, Ely, MN
0.67
Single-Family Home
$439,000
06/30/26
3
2
2,085
1029 E White St, Ely, MN
1.43
Single-Family Home
$120,000
12/12/25
2
1
2,166
236 Ahola Rd, Ely, MN
1.26
Single-Family Home
$364,000
11/17/25
3
2
2,520
845 E White St, Ely, MN
1.48
Single-Family Home
$108,960
12/22/25
2
1
1,150
124 S 14th Ave E, Ely, MN
1.44
Single-Family Home
$210,000
10/09/25
3
1
1,186
647 E Boundary St, Ely, MN
1.38
Single-Family Home
$195,000
10/07/25
3
2
2,000
2137 Deer Ridge Rd, Ely, MN
1.47
Single-Family Home
$420,000
11/14/25
1
1
1,440
36 E Beacon Hill Rd, Ely, MN
1.42
Single-Family Home
$198,000
11/12/25
3
2
1,920
1135 E Harvey St, Ely, MN
1.52
Single-Family Home
$112,000
05/11/26
2
1
1,250
628 E Boundary St, Ely, MN
1.37
Single-Family Home
$230,000
09/10/25
3
2
1,644

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
xxx Johnson Creek Rd, Ely, MN 55731
0.49
-
-
-
-
Off Market
1493 Inspiration Road, Ely, MN 55731
0.67
$439,000
3
2
2,085
Recently Sold
TBD Highway 1, Ely, MN 55731
0.80
-
-
-
-
Off Market
Johnson Creek Dr, Ely, MN 55731
0.90
-
-
-
-
Off Market
TBD Johnson Creek Dr, Ely, MN 55731
0.97
$65,900
-
-
-
For Sale
Xxxx Trygg Rd, Ely, MN 55731
0.97
-
-
-
-
Off Market
TBD Maple St, Ely, MN 55731
1.07
-
-
-
-
Off Market
1728 Maple St, Ely, MN 55731
1.08
$329,000
1
1
800
For Sale
xx Highway 1, Ely, MN 55731
1.09
-
-
-
-
Off Market
TBD Ahola Rd, Ely, MN 55731
1.13
-
-
-
-
Off Market
TBD Johnson Creek Dr, Ely, MN 55731
1.15
-
-
-
-
Off Market
TBD N White Iron Rd, Ely, MN 55731
1.15
$179,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 2175 Highway 1.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1977
Lot Size
2.85 acres
Living Area
2,288 sqft
Price/Sqft
$122
Parking
Garage

About this House

Comfortable ranch rambler with 3 bedrooms, with open kitchen, dining and living area on a spacious 2.85 acre lot. Newer vinyl siding and roof on the home. Detached 2 car garage and wood shed. Updated septic system and dug well. There is a family room in the basement along with a nice old fashioned cedar sauna with electric sauna stove and shower. A newer furnace was installed a few years ago and there is also a Jensen Wood Stove to supplement the oil costs during the cold winter months. Close to Ely and priced below market assessed value, this property is ready for new owners. Brokered And Advertised By: Canoe Capital Realty, LLC Listing Agent: Jerry Fink
2175 Highway 1, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 2,288 sqft single-family home built in 1977. It last sold for $105,000 on Jan 12, 2015. It is currently off market. The Trulia Estimate is $279,600, with a rent estimate of $1,898/month.

Home Details for 2175 Highway 1

Interior Features

Interior Details
BasementCeiling Fan
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 720

Lot Information

Lot Area: 2.85 acres

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Jan 12, 2015
Source: Lake Superior Area Realtors as distributed by MLS GRID #2236765
Sold
$105,000
Sep 26, 2014
Source: Agent Provided
Listed For Sale
$109,000

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
2MoM
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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. "
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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
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  • 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
    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
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Apartments for Rent

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Homes for sale near 2175 Highway 1

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Off Market Homes Near 2175 Highway 1

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Frequently asked questions about 2175 Highway 1

  • What is 2175 Highway 1 estimated to be worth?
    Trulia's estimated value for 2175 Highway 1 in Ely, MN is $279,600.
  • What is the price history for 2175 Highway 1?
    2175 Highway 1 in Ely, MN last sold for $105,000 in January 2015.
  • 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.
  • Does 2175 Highway 1 have air conditioning?
    Yes, 2175 Highway 1 in Ely, MN has air conditioning.
  • Does 2175 Highway 1 have laundry facilities?
    Yes, 2175 Highway 1 in Ely, MN has in-unit laundry.