2316 Wolf Lake Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

2316 Wolf Lake Rd
Ely, MN 55731

  • 3 Beds
  • 2 Baths
  • 1,688 sqft (on 3.30 acres)

$709,600

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,337/mo*
Refinance Your Home

$709,600

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,337/mo*
Refinance Your Home
3 Beds
2 Baths
1,688 sqft
(on 3.30 acres)

Home Value

Trulia Estimate
$710K
Since last month
Increased$14K (+2%)
Since last year
Decreased$120K (-14.3%)
Since last sale
Increased$377K (+110.8%)
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 -14% in the last 10 years
MonthEstimated value
2026
August 2026$717K
July 2026$703K
June 2026$747K
May 2026$720K
April 2026$702K
March 2026$705K
February 2026$677K
January 2026$640K
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
2375 Viste Point Rd, Ely, MN
1.10
Single-Family Home
$900,000
04/01/26
3
2
2,706
1859 Bobence Rd, Ely, MN
2.24
Single-Family Home
$420,000
06/22/26
3
3
1,532
1675 Bradach Rd, Ely, MN
3.21
Single-Family Home
$780,000
08/12/26
3
2
1,916
3819 Dorem Dr, Ely, MN
3.55
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
1755 Bradach Rd, Ely, MN
2.60
Single-Family Home
$260,000
07/08/26
1
1
694
3806 Dorem Dr, Ely, MN
3.74
Single-Family Home
$250,000
07/24/26
2
1
720
3810 Mud Creek Rd, Ely, MN
3.33
Single-Family Home
$110,000
05/06/26
2
-
840

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 Wolf Lake Rd, Ely, MN 55731
0.46
-
-
-
-
Off Market
3297 Aspen Ln, Ely, MN 55731
0.69
$224,000
3
1
560
For Sale
xxx Wolf Lake Rd, Ely, MN 55731
0.83
-
-
-
-
Off Market
2296 Balsam Ln, Ely, MN 55731
0.84
-
-
-
-
Off Market
XXX Wolf Lake Rd, Ely, MN 55731
0.97
-
-
-
-
Off Market
3231 Wolf Lake Rd, Ely, MN 55731
1.08
$3,603,700
5
5
5,250
Off Market
xxx Burntside Lake Island, Ely, MN 55731
1.10
-
-
-
-
Off Market
2375 Viste Point Rd, Ely, MN 55731
1.10
$900,000
3
2
2,706
Recently Sold
xxxx Burntside Lake Island, Ely, MN 55731
1.12
-
-
-
-
Off Market
XXX Burntside Lake Island, Ely, MN 55731
1.12
-
-
-
-
Off Market
XXX Burntside Lake Island, Ely, MN 55731
1.16
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2316 Wolf Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2008
Lot Size
3.3 acres
Living Area
1,688 sqft
Price/Sqft
$420
Parking
Garage

About this House

This single-family home is located at 2316 Wolf Lake Rd, Ely, MN. 2316 Wolf Lake Rd is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms, 2 bathrooms and approximately 1,688 sqft of floor space. This property has a lot size of 3.30 acres and was built in 2008.
2316 Wolf Lake Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,688 sqft single-family home built in 2008. It last sold for $340,000 on Oct 24, 2013 (3% below the $349,000 asking price). It is currently off market. The Trulia Estimate is $709,600, with a rent estimate of $2,367/month.
Last check for updates: about 5 hours ago
Listed by Jeff Hway, (218) 349-0906
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#2055739

Home Details for 2316 Wolf Lake Rd

Interior Features

Interior Details
Basement: Full,Finished,Walkout,Bath,Bedrooms,Family/Rec RoomNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Dining Room, Family Room, Kitchen, Living Room, Utility 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: 1688 Square Feet
Appliances & Utilities
Utilities: Underground Utilities
Heating & Cooling
Heating: Boiler,In Floor Heat,PropaneNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Boiler
Windows, Doors, Floors & Walls
Window: Double Glazed, Wood Frames
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: DeckVegetation: Heavily WoodedExterior: Dock
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Off Street,Gravel,Detached
Frontage
WaterfrontWaterfront: Shoreline Characteristics(Hard, Sand)Road Frontage: Private RoadResponsible for Road Maintenance: Private Maintained RoadOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Wolf
Farm & Range
Frontage Length: 180
Finished Area
Finished Area (above surface): 900 Square FeetFinished Area (below surface): 788 Square Feet

Days on Market

Cumulative Days on Market: 140

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465003001007

Price & Status

Price
List Price: $349,000
Status Change & Dates
Off Market Date: Fri Oct 11 2013Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

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

Lot Information

Lot Area: 3.3 Acres

Offer

Listing Terms: Cash

Miscellaneous

BasementMls Number: 2055739Water ViewWater View: LakeAbove Grade Unfinished Area: 900

Price and Tax history

DateEventPrice
Oct 24, 2013
Source: Lake Superior Area Realtors as distributed by MLS GRID #2055739
Sold
$340,000

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

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
    Flag
  • 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 2026-08-23 15:52:38 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 2316 Wolf Lake Rd

  • What is 2316 Wolf Lake Rd estimated to be worth?
    Trulia's estimated value for 2316 Wolf Lake Rd in Ely, MN is $709,600.
  • What is the price history for 2316 Wolf Lake Rd?
    2316 Wolf Lake Rd in Ely, MN last sold for $340,000 in October 2013.
  • 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 2316 Wolf Lake Rd?
    The lot at 2316 Wolf Lake Rd in Ely, MN is about 3.3 acres.
  • Does 2316 Wolf Lake Rd have a garage?
    Yes, 2316 Wolf Lake Rd in Ely, MN has a garage.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 2316 Wolf Lake Rd

Skip to last item
Skip to first item

Homes for sale near 2316 Wolf Lake Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item