2519 Bear Island River Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$35,000

Last sold price

    2519 Bear Island River Rd, Ely, MN 55731

    Currently Off Market - Sold Dec 20, 2024 for $35,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    XXX N Hwy 21, Babbitt, MN
    4.67
    Lot/Land
    $67,000
    04/15/26
    -
    -
    8352 Highway 21 N, Babbitt, MN
    4.80
    Lot/Land
    $67,000
    04/15/26
    -
    -
    TBD Arthur Lake, Babbitt, MN
    5.18
    Lot/Land
    $200,000
    04/24/26
    -
    -
    Tbd Arthur Lk, Babbitt, MN
    5.33
    Lot/Land
    $200,000
    04/24/26
    -
    -
    TBD Moose Junction Tr, Ely, MN
    5.82
    Lot/Land
    $51,000
    12/15/25
    -
    -
    TBD Highway 169, Ely, MN
    6.56
    Lot/Land
    $34,000
    12/15/25
    -
    -
    3121 Highway 21, Babbitt, MN
    7.22
    Lot/Land
    $73,000
    05/22/26
    -
    -

    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 Bear Island River Rd, Ely, MN 55731
    0.02
    -
    -
    -
    -
    Off Market
    TBD Bear Island River Rd, Ely, MN 55731
    0.06
    -
    -
    -
    -
    Off Market
    9362 Vandelay Dr, Ely, MN 55731
    0.36
    $265,000
    2
    1
    976
    Recently Sold
    2528 Verbick Rd, Ely, MN 55731
    0.43
    $548,500
    2
    1.5
    1,680
    Off Market
    9405 Runn Rd, Ely, MN 55731
    0.72
    $1,103,600
    3
    2
    2,575
    Off Market
    2688 Bear Island River Rd, Ely, MN 55731
    0.80
    $127,300
    3
    2
    1,260
    Off Market
    TBD Highway 21, Ely, MN 55731
    0.97
    -
    -
    -
    -
    Off Market
    Parcel "D" Northern Lights Rd, Babbitt, MN 55706
    1.06
    -
    -
    -
    -
    Off Market
    xxx Bear Island Lake, Ely, MN 55731
    1.08
    -
    -
    -
    -
    Off Market
    - Bear Island Lake, Ely, MN 55731
    1.11
    -
    -
    -
    -
    Off Market
    2232 Bear Island River Rd, Ely, MN 55731
    1.31
    $231,300
    2
    -
    1,080
    Off Market

    Local Information

    • Map ViewExplore the area around 2519 Bear Island River Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    5.57 acre lot
    Open Parking

    About this House

    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 a 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...
    2519 Bear Island River Rd, Ely, MN 55731 is a lot/land. It last sold for $35,000 on Dec 20, 2024 (30% below the $50,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 8 hours ago
    Listed by Jim Burke, (218) 235-8619
    Keller Williams Classic Realty NW
    Bought with: Nonmember NONMEMBER, Nonmember Office
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6111940

    Home Details for 2519 Bear Island River Rd

    Interior Features

    Appliances & Utilities
    Utilities: Fiber Optic, Satellite, Electricity Available, Private Septic Available, Private Well Available
    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

    Days on Market

    Cumulative Days on Market: 328

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Mixed Use
    Property Information
    Condition: Raw LandParcel Number: 625001001383

    Price & Status

    Price
    List Price: $50,000
    Status Change & Dates
    Off Market Date: Thu Dec 05 2024Possession Timing: Close Of Escrow

    Active Status

    MLS Status: SOLD

    Location

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

    HOA

    No HOA

    Lot Information

    Lot Area: 5.57 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6111940Attribution Contact: ***

    Price and Tax history

    DateEventPrice
    Dec 20, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940
    		Sold
    $35,000
    Dec 9, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940
    		Pending
    $50,000
    Aug 31, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940
    		PriceChange
    $50,000
    Price decreased by 9%
    May 30, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940
    		PriceChange
    $55,000
    Price decreased by 7%
    May 11, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940
    		PriceChange
    $59,000
    Price decreased by 6%

    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
    5    MoM

    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
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    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-09-15 02:22:18 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 2519 Bear Island River Rd

    • What is the price history for 2519 Bear Island River Rd?
      2519 Bear Island River Rd in Ely, MN last sold for $35,000 in December 2024.
    • 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.
    • What are the closest schools to 2519 Bear Island River Rd?
      The closest schools to 2519 Bear Island River Rd in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).

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