$231,300
- 2 Beds
- 1,080 sqft (on 7 acres)
2232 Bear Island River Rd, Ely, MN 55731
Est. Refi. Payment $1,517/mo*
Refinance Your HomeCurrently Off Market - Sold May 14, 2010 for $99,900
Home Value
Trulia Estimate
$231KSince last month
Decreased$24K (-9.3%)Since last year
Decreased$15K (-6.1%)Since last sale
Increased$129K (+129.2%)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 decreased by -6% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $229K |
| August 2026 | $231K |
| July 2026 | $253K |
| June 2026 | $238K |
| May 2026 | $269K |
| April 2026 | $250K |
| March 2026 | $234K |
| February 2026 | $259K |
| January 2026 | $256K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
1.04 | Single-Family Home | $265,000 | 05/15/26 | 2 | 1 | 976 | |
3.90 | Single-Family Home | $1,100,000 | 06/16/26 | 2 | 3 | 2,600 | |
4.56 | Single-Family Home | $265,000 | 06/10/26 | 3 | 1.5 | 1,408 | |
5.16 | Single-Family Home | $285,000 | 12/08/25 | 3 | 2 | 1,292 | |
5.33 | Single-Family Home | $187,000 | 07/28/26 | 2 | 1 | 656 | |
5.33 | Single-Family Home | $192,500 | 07/01/26 | 1 | 1 | 1,008 | |
6.18 | Single-Family Home | $108,000 | 06/22/26 | 2 | 1.5 | 768 |
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 |
|---|---|---|---|---|---|---|
0.69 | - | - | - | - | Off Market | |
1.04 | $265,000 | 2 | 1 | 976 | Recently Sold | |
1.28 | - | - | - | - | Off Market | |
1.31 | - | - | - | - | Off Market | |
1.31 | - | - | - | - | Off Market | |
1.32 | - | - | - | - | Off Market | |
1.48 | - | - | - | - | Off Market | |
1.55 | $150,500 | 2 | 1 | 720 | Off Market | |
1.57 | $369,000 | 3 | 2 | 1,862 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2008
7 acre lot
1,080 sqft
$214/sqft
Open Parking
About this House
Off the grid cabin 7+/- miles south of Ely. Adjoins Superior National Forest Lands. Fantastic southerly views. Super insulated and completely powered by solar energy. Open floor plan with quality wood stove. Propane refrigerator and range and slate countertops. Upstairs loft bedroom with balcony with bench seats. Dug well that provides water on demand to the front porch area. Comfortable outhouse. The cabin is wired with electrical outlets. Will consider offers financed by a contract for deed.
2232 Bear Island River Rd, Ely, MN 55731 is a 2 bedroom, 1,080 sqft single-family home built in 2008. It last sold for $99,900 on May 14, 2010 (23% below the $129,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $231,300, with a rent estimate of $1,641/month.
Last check for updates: about 2 hours ago
Listed by Phil Hyde, (218) 349-2797
Bear Island Land Co., Inc
Bought with: Jeff Hway, (218) 349-0906, Bear Island Land Co., Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1158556

Home Details for 2232 Bear Island River Rd
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Interior Details Basement: PostsNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2 |
Dimensions and Layout Living Area: 1080 Square Feet |
Heating & Cooling Heating: WoodHas HeatingHeating Fuel: Wood |
Fireplace & Spa Fireplace: Free Standing |
Windows, Doors, Floors & Walls Window: Wood Frames |
Levels, Entrance, & Accessibility Number of Stories: 1 |
View Has a ViewView: Lake Superior, Valley, Panoramic |
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Exterior Home Features Roof: MetalPatio / Porch: DeckVegetation: Heavily WoodedExterior: Balcony |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Off Street,None |
Frontage Road Frontage: Private RoadResponsible for Road Maintenance: Private Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Outhouse |
Finished Area Finished Area (above surface): 1080 Square Feet |
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Year Built Year Built: 2008 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic |
Building Construction Materials: Wood, Frame/Wood |
Property Information Condition: CompletedParcel Number: 610001000791 |
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Price List Price: $129,900 |
Status Change & Dates Off Market Date: Wed Apr 07 2010Possession Timing: Immediate |
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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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Lot Area: 7.0033 Acres |
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Listing Terms: Conventional |
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Mls Number: 1158556Water ViewWater View: Lake SuperiorAbove Grade Unfinished Area: 1080 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 14, 2010 Source: Lake Superior Area Realtors as distributed by MLS GRID #1158556 | Sold | $99,900 |
Market trends in Ely
Last updated August 2026
Avg. sale price
—
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 2026-09-15 14:17:22 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 2232 Bear Island River Rd
- What is 2232 Bear Island River Rd estimated to be worth?Trulia's estimated value for 2232 Bear Island River Rd in Ely, MN is $231,300.
- What is the price history for 2232 Bear Island River Rd?2232 Bear Island River Rd in Ely, MN last sold for $99,900 in May 2010.
- 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 2232 Bear Island River Rd?The lot at 2232 Bear Island River Rd in Ely, MN is about 7 acres.
- Does 2232 Bear Island River Rd have parking?Yes, 2232 Bear Island River Rd in Ely, MN has on-site parking.

