2254 Balsam Rd, Ely, MN 55731
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OFF MARKET

2254 Balsam Rd
Ely, MN 55731

  • Studio
Studio

Local Information

  • Map ViewExplore the area around 2254 Balsam Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

State Tax Forfeit Land! Purchase and Own Today!
C22160174
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A shoreland parcel located near the city of Ely on Wolf Lake. This approximately 1.7 acre lot contains nearly 258 feet of frontage and is zoned SMU-7 (Shoreland Mixed-Use), which requires 1 acre and 150 feet of lot width to meet standards. The tree-covered terrain is mostly level, with a moderately steep path to the lake. Electricity is present on the lot. Please contact St. Louis County Planning and Community Development for zoning questions. Land value $82,000, Appraisal cost $1,475.00, Survey cost $1,257.57. Recording fee $46.00. Abstract

As a condition of sale, improvements value of $46,000.00 must be paid to lessee. Improvements include a +/- 480 sq. ft. cabin with a deck, and shed. 465-0000-09120
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Please see the Saint Louis County Tax Forfeited Land Sales website for disclaimer information.

2254 Balsam Rd, Ely, MN 55731 is a studio unknown. It is currently off market. The Trulia Estimate rent is $1,299/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 2254 Balsam Rd

Property Information

Property Type / Style
Property Type: Unknown

Price History for 2254 Balsam Rd

DatePriceEventSource
03/24/2021ListingRemovedN/A
06/13/2017$130,732ListingRemovedN/A
01/05/2017$130,732Listed For SaleN/A

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
96
16MoM
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Comparable Sales for 2254 Balsam Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3231 Wolf Lake Rd, Ely, MN
0.78
Single-Family Home
$3,500,000
07/18/25
5
5
5,250
2375 Visti Point Rd, Ely, MN
0.89
Single-Family Home
$900,000
04/24/26
3
2
1,488
2375 Viste Point Rd, Ely, MN
0.89
Single-Family Home
$900,000
04/01/26
3
2
2,706
1859 Bobence Rd, Ely, MN
2.22
Single-Family Home
$420,000
06/22/26
3
3
1,532
3622 Wildgate Rd, Ely, MN
2.55
Single-Family Home
$685,000
08/01/25
3
2.5
2,297
1755 Bradach Rd, Ely, MN
2.56
Single-Family Home
$260,000
07/08/26
1
1
694
2102 Twin Lakes Rd, Ely, MN
3.48
Single-Family Home
$109,864
12/29/25
3
2
2,172
3810 Mud Creek Rd, Ely, MN
3.58
Single-Family Home
$110,000
05/06/26
2
-
840
3819 Dorem Dr, Ely, MN
3.64
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
1739 Bear Head State Park Rd, Ely, MN
3.93
Single-Family Home
$265,000
06/09/26
2
1
1,346

Nearby homes

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Assigned Schools

These are the assigned schools for 2254 Balsam Rd.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
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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
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  • 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."
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  • 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."
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Apartments for Rent

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Homes for sale near 2254 Balsam Rd

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Off Market Homes Near 2254 Balsam Rd

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