2510 Leo Ln, Ely, MN 55731
Property image
Property image
OFF MARKET

2510 Leo Ln
Ely, MN 55731

  • 1 Bed
  • 960 sqft (on 1.50 acres)

$160,700

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,040/mo*
Refinance Your Home

$160,700

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,040/mo*
Refinance Your Home
1 Bed
960 sqft
(on 1.50 acres)

Home Value

Trulia Estimate
$161K
Since last month
Decreased$3K (-1.7%)
Since last year
Increased$20K (+13.8%)
Since last sale
Increased$11K (+7.1%)
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 +34% in the last 10 years
MonthEstimated value
2026
August 2026$161K
July 2026$163K
June 2026$165K
May 2026$161K
April 2026$162K
March 2026$145K
February 2026$143K
January 2026$138K
2025
2024
2023
2021
2020

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
14632 Moose Lake Rd, Ely, MN
1.32
Single-Family Home
$230,500
05/22/26
1
1
656
2779 Wolf Track Tr, Ely, MN
1.58
Single-Family Home
$420,000
06/30/26
3
2
975
2799 Wolf Track Tr, Ely, MN
1.68
Single-Family Home
$384,000
09/19/25
3
1
675

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
14635 Canadian Border Rd, Ely, MN 55731
0.34
$969,900
3
3
3,005
For Sale
14649 Canadian Border Rd, Ely, MN 55731
0.41
$519,900
3
2
2,000
For Sale
TBD Canadian Border Rd, Ely, MN 55731
0.49
-
-
-
-
Off Market
14653 & 14655 Hulstrand Rd, Ely, MN 55731
0.49
$850,000
3
2
1,904
For Sale
2456 Jasper Crk, Ely, MN 55731
0.57
$871,600
4
3
3,664
Off Market
xxx Jasper Creek Rd, Ely, MN 55731
0.62
-
-
-
-
Off Market
XXX Jasper Creek Rd, Ely, MN 55731
0.72
-
-
-
-
Off Market
14511 Canadian Border Rd, Ely, MN 55731
0.77
$621,800
3
2
2,404
Off Market
xxx Bernie's Rd, Ely, MN 55731
0.82
-
-
-
-
Off Market
14632 Moose Lake Rd, Ely, MN 55731
1.32
$230,500
1
1
656
Recently Sold
xxx Moose Lake Rd, Ely, MN 55731
1.44
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2510 Leo Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2006
Lot Size
1.5 acres
Living Area
960 sqft
Price/Sqft
$167
Parking
Open Parking

About this House

Expansive BWCA views from this 2 story cabin overlooking Moose Lake. The main level of the cabin is framed in for a kitchen, dining room, living room and a future bathroom. The second level has a large bedroom with 2 elevated decks for wildlife viewing and amazing Northern Lights shows. In addition to being less than 1/4 mile from the BWCA, this property also adjoins thousands of acres of state/federal land to west. Year round road access on a quite dead end road with power and approved for septic. There is a road that leads down to the +-234' of shoreline where a dock could be installed for small boat or canoe access out to Moose Lake. With a little finish work and vision this could be your up north get a way cabin to be enjoyed year round.
2510 Leo Ln, Ely, MN 55731 is a 1 bedroom, 960 sqft single-family home built in 2006. It last sold for $150,000 on Jan 3, 2025 (6% below the $159,000 asking price). It is currently off market. The Trulia Estimate is $160,700, with a rent estimate of $1,422/month.
Last check for updates: about 13 hours ago
Listed by Chris Eilrich, (218) 343-6169
Wildwoods Land Company
Bought with: Chris Eilrich, (218) 343-6169, Wildwoods Land Company
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6115089

Home Details for 2510 Leo Ln

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Bedroom, Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 1
Dimensions and Layout
Living Area: 960 Square FeetFoundation Area: 480
Appliances & Utilities
Appliances: Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: NoneNo Heating
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Vinyl Windows
Levels, Entrance, & Accessibility
Number of Stories: 2
View
Has a ViewView: Inland Lake

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleOther Structures: Storage Shed
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Off Street,None
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Muck, Undeveloped, Shore-Vegetation)Road Frontage: Private RoadResponsible for Road Maintenance: Association Maintained RoadOn Waterfront
Water & Sewer
Sewer: NoneWater Body: Moose
Farm & Range
Frontage Length: 234
Finished Area
Finished Area (above surface): 960 Square Feet

Days on Market

Cumulative Days on Market: 104

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl, Frame/WoodIs a New Construction
Property Information
Condition: Under ConstructionParcel Number: 28645131120 & 31110

Price & Status

Price
List Price: $159,000
Status Change & Dates
Off Market Date: Mon Nov 04 2024Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Lake Superior #381

HOA

No HOA

Lot Information

Lot Area: 1.5 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 6115089Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 960

Price and Tax history

DateEventPrice
Jan 3, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115089
Sold
$150,000
Nov 4, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115089
Pending
$159,000
Oct 8, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115089
PriceChange
$159,000
Price decreased by 6%
Aug 13, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115089
PriceChange
$169,000
Price decreased by 11%
Jul 24, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115089
Listed For Sale
$189,000

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 2026-08-22 12:57:28 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 2510 Leo Ln

  • What is 2510 Leo Ln estimated to be worth?
    Trulia's estimated value for 2510 Leo Ln in Ely, MN is $160,700.
  • What is the price history for 2510 Leo Ln?
    2510 Leo Ln in Ely, MN last sold for $150,000 in January 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 2510 Leo Ln?
    The lot at 2510 Leo Ln in Ely, MN is about 1.5 acres.
  • Does 2510 Leo Ln have parking?
    Yes, 2510 Leo Ln in Ely, MN has on-site parking.

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