2538 Martilla Rd, Ely, MN 55731
Property image
Property image
FOR SALE
NEW - 1 DAY AGO
200 ACRES

2538 Martilla Rd
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 900 sqft (on 200 acres)

$779,000

Est. Mortgage $4,697/mo*

$779,000

Est. Mortgage $4,697/mo*
3 Beds
1 Bath
900 sqft
(on 200 acres)

Home Highlights

Parking
Garage
Climate Control
Heating only
Price/Sqft
$866
Listed
1 day ago

Local Information

  • Map ViewExplore the area around 2538 Martilla Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

A rare opportunity to own a truly unique and historic farmstead featuring 200 acres and approximately 4,400 feet of pristine meandering Burntside River shoreline. Set in a peaceful meadow surrounded by mature pine forest, this one-of-a-kind property offers breathtaking panoramic views of the river and a tranquil Northwoods setting. The rustic farmhouse combines an original dovetail log structure with a framed wood addition, offering two bedrooms and one bathroom. The open-concept kitchen and living area capture beautiful southern views of the river and surrounding forest. Approximately 11 acres comprise the road-accessible homestead, while the majority of the acreage lies across the Burntside River, providing exceptional privacy and natural beauty, with rolling hills of Norway pine throughout the south forties. Please note that the land across the river is not accessible by road. The property is abundant with wildlife: ducks, geese, grouse, deer and more. Steeped in history and rich in character, the property includes several original dovetail log outbuildings that add timeless charm and authentic appeal. Whether you're seeking a private retreat, recreational getaway, restoration project, or the foundation for a future homestead, this remarkable property offers endless possibilities in an extraordinary setting.

Home Details for 2538 Martilla Rd

Interior Features

Interior Details
Basement: PartialNumber of Rooms: 8Types of Rooms: Bedroom, Bathroom, Entry Hall, Kitchen, Living Room, Mud Room, Office
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 900 Square FeetFoundation Area: 728
Heating & Cooling
Heating: Fireplace(s),WoodHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Free StandingHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleOther Structures: Storage Shed, BunkhouseFoundation: Stone
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Dirt Floor
Frontage
WaterfrontWaterfront: River, Waterfront Access(Private)Road Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Burntside River
Farm & Range
Frontage Length: 4400
Finished Area
Finished Area (above surface): 900 Square Feet

Days on Market

Cumulative Days on Market: 3Days on Market: 1

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic
Building
Construction Materials: Wood, Frame/Wood, Log Home
Property Information
Condition: Previously OwnedParcel Number: 465004004420, 04440, 04450, 04190, 04180

Price & Status

Price
List Price: $779,000Price Per Sqft: $866

Active Status

MLS Status: ACTIVE

Location

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

Agent Information

Listing Agent
Listing ID: 6126950

HOA

No HOA

Lot Information

Lot Area: 200 Acres

Miscellaneous

BasementMls Number: 6126950Attribution Contact: ***Above Grade Unfinished Area: 900
Last check for updates: about 6 hours ago
Listing courtesy of Patricia Bulinski, (218) 349-5595
Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6126950

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16
MoM

Price History for 2538 Martilla Rd

DatePriceEventSource
07/24/2026$779,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6126950

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Property Tax and Assessment

Year2024
Tax$1,458
Assessment$208,500
Home facts updated by county records

Comparable Sales for 2538 Martilla Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.49
Single-Family Home
$665,000
01/30/26
3
2
1,296
2.52
Single-Family Home
$510,000
10/06/25
3
2
1,581
2.68
Single-Family Home
$900,000
04/01/26
3
2
2,706
3.73
Single-Family Home
$614,000
08/29/25
3
1
912
3.74
Single-Family Home
$614,000
08/29/25
3
1
912
3.89
Single-Family Home
$489,400
10/03/25
2
1
911
3.65
Single-Family Home
$730,000
08/15/25
3
2
3,613
4.16
Single-Family Home
$880,000
05/06/26
3
2
2,460

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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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. "
  • 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 . "
  • 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. "
  • 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."
  • 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."
  • 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."

LGBTQ Local Legal Protections

Patricia Bulinski, Bear Island Realty LLC
Agent Phone: (218) 349-5595
Based on information submitted to the MLS GRID as of 2026-07-25 13:02:26 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
2538 Martilla Rd, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 900 sqft single-family home. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Jul 24, 2026. The MLS # for this home is MLS# 6126950.