2519 Bear Island River Rd, Ely, MN 55731
FOR SALE5.57 ACRES

2519 Bear Island River Rd
Ely, MN 55731

      $62,500

      Est. Mortgage $463/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      WOW! Winter Wonderland in the Woods AND Your All season Launch Point to Volumes of Lakes, Trails and countless acres of the Northland Playgrounds! This 5.57 acre parcel is loaded with huge Red Pines, Birch, and other trees of the boreal forest. It is partially improved with the usable beginnings of a driveway, building pad, power is close by, internet from fiber at Bear Island River Road or from the sky so you can desk jockey from the woods, and it is located only 15 mins from Ely and 18 mins from Babbitt. You will be perfectly positioned to build your tiny home, magnificent log home or park your RV on this beautiful parcel located in an unorganized plat. Oh - lets not forget it borders 55.75 acres of Federal Land with 1850 feet of shore line on Bear Island lake directly to the west AND 40 acres of State of MN Land to the North. Don't miss out on this one...

      Home Highlights

      Parking
      Open Parking
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      104 days ago

      Home Details for 2519 Bear Island River Rd

      Interior Features

      Appliances & Utilities
      Utilities: Electricity Available, Fiber Optic, Satellite
      Gas & Electric
      Electric: Lake Country Power
      View
      Has a ViewView: Typical

      Exterior Features

      Exterior Home Features
      Vegetation: Heavily WoodedWooded Area Size: 217800
      Parking & Garage
      Has Open ParkingParking: Gravel,Off Street
      Frontage
      Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained Road, Year RoundNot on Waterfront
      Water & Sewer
      Sewer: Septic Tank

      Days on Market

      Days on Market: 104

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Mixed Use
      Property Information
      Parcel Number: 625001001383

      Price & Status

      Price
      List Price: $62,500
      Status Change & Dates
      Possession Timing: Close Of Escrow

      Active Status

      MLS Status: ACTIVE

      Location

      Direction & Address
      City: Ely
      School Information
      Elementary School District: Ely #696Jr High / Middle School District: Ely #696High School District: Ely #696

      Agent Information

      Listing Agent
      Listing ID: 6111940

      Lot Information

      Lot Area: 5.57 Acres

      Offer

      Listing Terms: Cash, Conventional

      Compensation

      Buyer Agency Commission: 3Buyer Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 6111940
      Last check for updates: 1 day ago
      Listing courtesy of Jim Burke, (218) 235-8619
      Keller Williams Classic Realty - Duluth
      Source: Lake Superior Area Realtors, MLS#6111940

      Price History for 2519 Bear Island River Rd

      DatePriceEventSource
      01/13/2024$62,500Listed For SaleLake Superior Area Realtors #6111940
      08/18/2020$35,000Sold
      N/A

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      Property Taxes and Assessment

      Year2022
      Tax$276
      Assessment$31,800
      Home facts updated by county records

      Comparable Sales for 2519 Bear Island River Rd

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      3.66
      Lot/Land
      $38,000
      03/29/24
      -
      -
      4.11
      Lot/Land
      $62,000
      05/15/23
      -
      -
      6.02
      Lot/Land
      $87,500
      01/19/24
      -
      -
      7.01
      Lot/Land
      $33,600
      03/19/24
      -
      -
      7.48
      Lot/Land
      $165,000
      12/20/23
      -
      -

      What Locals Say about Ely

      • 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 . "
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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."
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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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      LGBTQ Local Legal Protections

      Jim Burke, Keller Williams Classic Realty - Duluth
      Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
      Copyright 2024 – Lake Superior Area REALTORS, Inc.® MLS – All Rights Reserved.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      2519 Bear Island River Rd, Ely, MN 55731 is a lot/land. This property is currently available for sale and was listed by Lake Superior Area Realtors on Jan 13, 2024. The MLS # for this home is MLS# 6111940.