2260 Goldmine Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$153,300

Trulia Estimate
  • Studio
  • 192 sqft (on 30 acres)

2260 Goldmine Rd, Ely, MN 55731

Est. Refi. Payment $1,042/mo*
Refinance Your Home
Currently Off Market - Sold Jul 18, 2025 for $149,500

Home Value

Trulia Estimate
$153K
Since last month
Increased$700 (+0.5%)
Since last year
Increased$3K (+1.9%)
Since last sale
Increased$4K (+2.6%)
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 +7% in the last 10 years
MonthEstimated value
2026
September 2026$153K
August 2026$153K
July 2026$153K
June 2026$155K
May 2026$154K
April 2026$159K
March 2026$158K
February 2026$156K
January 2026$157K
2025
2024
2023

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
2263 Longstorff Rd, Ely, MN
0.72
Single-Family Home
$510,000
10/06/25
3
2
1,581
2050 Shipman Island, Ely, MN
1.30
Single-Family Home
$290,000
08/12/26
2
-
560
2450 Newgord Dr, Ely, MN
1.79
Single-Family Home
$240,000
10/03/25
1
-
551
1852 Grant McMahan Blvd, Ely, MN
2.07
Single-Family Home
$880,000
05/06/26
3
2
2,460
85 W Chandler St., Ely, MN
2.22
Single-Family Home
$161,000
11/04/25
3
1
1,275
2796 Clayton Rd, Ely, MN
1.90
Single-Family Home
$665,000
01/30/26
3
2
1,296
232 W Sheridan St, Ely, MN
2.34
Single-Family Home
$194,000
10/06/25
3
1
963
42 W Shagawa Rd, Ely, MN
2.36
Single-Family Home
$110,000
09/23/25
1
1
852

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
2202 Gold Mine Rd, Ely, MN 55731
0.16
$439,200
2
2
1,300
Off Market
2349 Gold Mine Rd, Ely, MN 55731
0.20
$457,500
2
1
1,298
Off Market
TBD Gold Mine Rd, Ely, MN 55731
0.19
-
-
-
-
Off Market
TBD Gold Mine Rd, Ely, MN 55731
0.25
-
-
-
-
Off Market
2208 Gold Mine Rd, Ely, MN 55731
0.37
$748,900
3
2
2,000
Off Market
tbd Gold Mine Rd, Ely, MN 55731
0.56
-
-
-
-
Off Market
Xxx Grant McMahan Blvd, Ely, MN 55731
0.57
-
-
-
-
Off Market
2263 Longstorff Rd, Ely, MN 55731
0.72
$474,800
3
2
1,581
Off Market
XXX Highway 169, Ely, MN 55731
0.73
$75,000
-
-
-
Recently Sold
2165 Highway 169, Ely, MN 55731
0.78
$838,600
3
2.5
2,671
Off Market
2646 Grant McMahan Blvd, Ely, MN 55731
0.77
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2260 Goldmine Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2002
30 acre lot
192 sqft
$798/sqft
Open Parking

About this House

Located just a few miles west of Ely is this approx. 30 acre pine covered parcel with a very cute and efficient simple cabin to serve as your northwoods getaway! The property has rolling hills and hundreds of very large red and white pine trees, along with other mature tree cover! The cabin is 12x16 and has electricity, propane heat, a refrigerator, microwave, kitchen counter, and a loft for sleeping. There is a nice outhouse behind the cabin that even has electricity run to it! The property has a number of building sites if a new owner wants to build a bigger cabin, or a year around home. The property is located 1.2 miles up Gold Mine Road, a very scenic winding gravel road. There is a road association that is set up to take care of road maintenance and snow plowing in the winter. The current cost is $450 per year. Come enjoy this large acreage and comfortable cabin just a short drive from Ely!
2260 Goldmine Rd, Ely, MN 55731 is a studio, 192 sqft single-family home built in 2002. It last sold for the $149,500 asking price on Jul 18, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $153,300, with a rent estimate of $1,677/month.
Last check for updates: about 18 hours ago
Listed by Jeff Hway, (218) 349-0906
Bear Island Realty LLC
Zachary Hway, (651) 341-0383
Bear Island Realty LLC
Bought with: Nonmember NONMEMBER, Nonmember Office
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6119658

Home Details for 2260 Goldmine Rd

Interior Features

Interior Details
Basement: N/ANumber of Rooms: 1Types of Rooms: Kitchen
Dimensions and Layout
Living Area: 192 Square FeetFoundation Area: 192
Heating & Cooling
Heating: PropaneNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Propane
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Wood Frames
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Typical

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Other
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): 192 Square Feet

Days on Market

Cumulative Days on Market: 11

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465002004310

Price & Status

Price
List Price: $149,500
Status Change & Dates
Off Market Date: Sun Jun 08 2025Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

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

HOA

No HOA

Lot Information

Lot Area: 30 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6119658Attribution Contact: ***Above Grade Unfinished Area: 192

Price and Tax history

DateEventPrice
Jul 18, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119658
Sold
$149,500
Jun 19, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119658
Pending
$149,500
Jun 9, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119658
Contingent
$149,500
May 29, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119658
Listed For Sale
$149,500
May 19, 2011
Source: N/A
Sold
$70,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
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.
  • 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
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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
    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 2026-09-20 06:12:08 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 2260 Goldmine Rd

  • What is 2260 Goldmine Rd estimated to be worth?
    Trulia's estimated value for 2260 Goldmine Rd in Ely, MN is $153,300.
  • What is the price history for 2260 Goldmine Rd?
    2260 Goldmine Rd in Ely, MN last sold for $149,500 in July 2025.
  • 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 2260 Goldmine Rd?
    The lot at 2260 Goldmine Rd in Ely, MN is about 30 acres.
  • Does 2260 Goldmine Rd have parking?
    Yes, 2260 Goldmine Rd in Ely, MN has on-site parking.

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