2208 Gold Mine Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$742,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,000 sqft (on 20.42 acres)

2208 Gold Mine Rd, Ely, MN 55731

Est. Refi. Payment $4,573/mo*
Refinance Your Home
Currently Off Market - Sold Jan 2, 2024 for $798,500

Home Value

Trulia Estimate
$742K
Since last month
Decreased$4K (-0.5%)
Since last year
Decreased$57K (-7.1%)
Since last sale
Decreased$56K (-7%)
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 +136% in the last 10 years
MonthEstimated value
2026
August 2026$742K
August 2026$736K
July 2026$746K
June 2026$736K
May 2026$743K
April 2026$718K
March 2026$728K
February 2026$690K
January 2026$685K
2025
2024
2023
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
0.40
Single-Family Home
$510,000
10/06/25
3
2
1,581
2.13
Single-Family Home
$880,000
05/06/26
3
2
2,460
2.26
Single-Family Home
$665,000
01/30/26
3
2
1,296
2.59
Single-Family Home
$875,000
11/21/25
3
2.5
2,187
1.45
Single-Family Home
$290,000
08/12/26
2
-
560
2.37
Single-Family Home
$178,000
08/24/26
3
2
1,472
2.10
Single-Family Home
$161,000
11/04/25
3
1
1,275
2.33
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
2.49
Single-Family Home
$198,000
11/12/25
3
2
1,920

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
0.19
-
-
-
-
Off Market
0.32
$439,100
2
2
1,300
Off Market
0.37
$152,700
Studio
-
192
Off Market
0.40
$75,000
-
-
-
Recently Sold
0.40
$460,600
3
2
1,581
Off Market
0.44
-
-
-
-
Off Market
0.43
-
-
-
-
Off Market
0.44
-
-
-
-
Off Market
0.44
$129,900
-
-
-
For Sale
0.46
$850,700
3
2.5
2,671
Off Market
0.46
$499,700
3
2
2,400
Off Market

Local Information

  • Map ViewExplore the area around 2208 Gold Mine Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2008
20.42 acre lot
2,000 sqft
$371/sqft
Garage

About this House

Forest Home On Waterfall. Gorgeous 2,000 SF 3BR/2BA Year Round Home W/Guest Quarters Above 2 Car Garage Set On Private Dead End Road & 20 Acres Bordering Superior National Forest--Commanding Views Overlooking Armstrong Creek, Shagawa Lake & The Rolling Hillsides Of The Laurentian Divide. Abundant wildlife. Just 5 miles to Ely. Like walking into a Tolkien forest. Underfoot a thick carpet of needles, with undulating rock outcroppings and glacial boulders. Above, a canopy of pine boughs singing in the wind. Vaulted great rm open to sun rm & wrap around deck, Stainless kitch w/island open to great rm. 2 main flr BRs & BA. Upstairs spacious primary suite. ICF walkout LL ready to finish. Economical duel fuel in flr heat. Drilled well. Good internet. Click link for 3D Tour!
2208 Gold Mine Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 2,000 sqft single-family home built in 2008. It last sold for the $798,500 asking price on Jan 2, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $742,400, with a rent estimate of $2,563/month.
Last check for updates: 26 minutes ago
Listed by Lisa Janisch, (218) 780-6644
Janisch Realty Inc.
Bought with: Lisa Janisch, (218) 780-6644, Janisch Realty Inc.
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6111557

Home Details for 2208 Gold Mine Rd

Interior Features

Interior Details
Basement: Full,UnfinishedNumber of Rooms: 6Types of Rooms: Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2000 Square FeetFoundation Area: 560
Appliances & Utilities
Appliances: Water Heater-Electric, Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Boiler,Dual Fuel/Off Peak,In Floor Heat,Hot Water,Propane,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Flooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckVegetation: Heavily WoodedFoundation: Insulated Form, Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Gravel,Detached,Heat,Insulation
Frontage
Road Frontage: Private RoadResponsible for Road Maintenance: Private Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 2000 Square Feet

Days on Market

Cumulative Days on Market: 13

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log
Building
Construction Materials: Log, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465002004391

Price & Status

Price
List Price: $798,500
Status Change & Dates
Off Market Date: Mon Dec 04 2023Possession 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: 20.42 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6111557Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 2000

Price and Tax history

DateEventPrice
Jan 2, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6111557
Sold
$798,500
Dec 6, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6111557
Pending
$798,500
Nov 22, 2023
Source: Range AOR #146081
PriceChange
$798,500
Price increased by 594%
Sep 16, 2021
Source: NorthstarMLS as distributed by MLS GRID #5763603
Pending
$115,000
Jul 16, 2021
Source: N/A
Sold
$615,000

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

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

Based on information submitted to the MLS GRID as of 2026-09-09 01:32:28 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 2208 Gold Mine Rd

  • What is 2208 Gold Mine Rd estimated to be worth?
    Trulia's estimated value for 2208 Gold Mine Rd in Ely, MN is $742,400.
  • What is the price history for 2208 Gold Mine Rd?
    2208 Gold Mine Rd in Ely, MN last sold for $798,500 in January 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.
  • Does 2208 Gold Mine Rd have laundry facilities?
    Yes, 2208 Gold Mine Rd in Ely, MN has in-unit laundry.
  • How big is the lot at 2208 Gold Mine Rd?
    The lot at 2208 Gold Mine Rd in Ely, MN is about 20.4 acres.

Apartments for Rent

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Off Market Homes Near 2208 Gold Mine Rd

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