2631 Grant McMahan Blvd, Ely, MN 55731
Property image
Property image
OFF MARKET

$401,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,540 sqft (on 2.51 acres)

2631 Grant McMahan Blvd, Ely, MN 55731

Est. Refi. Payment $2,537/mo*
Refinance Your Home
Currently Off Market - Sold Sep 1, 2023 for $370,000

Home Value

Trulia Estimate
$401K
Since last month
Decreased$3K (-0.8%)
Since last year
Increased$10K (+2.5%)
Since last sale
Increased$33K (+8.8%)
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 increased by +139% in the last 10 years
MonthEstimated value
2026
August 2026$403K
August 2026$401K
July 2026$406K
June 2026$406K
May 2026$403K
April 2026$400K
March 2026$395K
February 2026$391K
January 2026$387K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
2263 Longstorff Rd, Ely, MN
0.94
Single-Family Home
$510,000
10/06/25
3
2
1,581
2796 Clayton Rd, Ely, MN
1.74
Single-Family Home
$665,000
01/30/26
3
2
1,296
2050 Shipman Island, Ely, MN
2.14
Single-Family Home
$290,000
08/12/26
2
-
560
1995 Pine Tree Tr, Ely, MN
3.03
Single-Family Home
$489,400
10/03/25
2
1
911
85 W Chandler St., Ely, MN
3.05
Single-Family Home
$161,000
11/04/25
3
1
1,275
2450 Newgord Dr, Ely, MN
2.59
Single-Family Home
$240,000
10/03/25
1
-
551
232 W Sheridan St, Ely, MN
3.15
Single-Family Home
$194,000
10/06/25
3
1
963
1852 Grant McMahan Blvd, Ely, MN
2.92
Single-Family Home
$880,000
05/06/26
3
2
2,460
118 E James St, Ely, MN
3.43
Single-Family Home
$275,000
08/03/26
3
1
1,882

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
2646 Grant McMahan Blvd, Ely, MN 55731
0.11
-
-
-
-
Off Market
Xxx Grant McMahan Blvd, Ely, MN 55731
0.62
-
-
-
-
Off Market
2510 Smolen Ln, Ely, MN 55731
0.70
$375,600
3
2
1,692
Off Market
TBD Gold Mine Rd, Ely, MN 55731
0.68
-
-
-
-
Off Market
2349 Gold Mine Rd, Ely, MN 55731
0.75
$454,400
2
1
1,298
Off Market
2398 Highway 169, Ely, MN 55731
0.77
$334,100
3
2.5
2,240
Off Market
TBD Gold Mine Rd, Ely, MN 55731
0.80
-
-
-
-
Off Market
2331-1 Old Highway 169, Ely, MN 55731
0.82
$379,000
1
1
720
For Sale
2331 Old Hwy 169, Ely, MN 55731
0.84
$379,000
1
1
720
For Sale
2260 Goldmine Rd, Ely, MN 55731
0.86
$152,700
Studio
-
192
Off Market
xxx Highway 169, Ely, MN 55731
0.85
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2631 Grant McMahan Blvd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2007
2.51 acre lot
1,540 sqft
$261/sqft
2 Car Garage

About this House

Fine Country Home minutes from Ely and ideally located between Burntside Lake and Shagawa Lake. This home features an open concept that is bright and sunny bringing the outside in with a backdrop of ledge rock outcroppings, mature pine, and adjoins State Land to the west. Exquisite updates have been done: attached 2 car garage with heated exercise room, new siding, beautiful landscaping with perennial gardens, fenced garden area, and outdoor rock patio. Inside a beautiful propane rock fireplace, tile floors, quartz counter tops in kitchen and bath, new walk-in tiled shower, heated 4 season porch, electric sauna, newer appliances and window blinds including kitchen blind on remote control. Electric in floor heat & hot water heater. Storage Shed with wood floor. Great place to call home or your home away from home.
2631 Grant McMahan Blvd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,540 sqft single-family home built in 2007. It last sold for $370,000 on Sep 1, 2023 (2% below the $379,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $401,300, with a rent estimate of $1,654/month.
Last check for updates: about 21 hours ago
Listed by Lori Schulze, (218) 343-1787
Keller Williams Classic Realty NW - Ely
Bought with: Anna Yahnke, (218) 235-3547, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6108007

Home Details for 2631 Grant McMahan Blvd

Interior Features

Interior Details
Number of Rooms: 11Types of Rooms: Master Bedroom, Bedroom, Bathroom, Four Season Porch, Foyer, Kitchen, Living Room, Other, Pantry, Sauna, Utility Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1540 Square Feet
Appliances & Utilities
Utilities: Underground UtilitiesAppliances: Water Filtration System, Water Heater-Electric, Water Softener-Owned, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Boiler,Fireplace(s),In Floor Heat,Propane,ElectricHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Flooring: Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Accessibility: No Stairs External, No Stairs InternalFloors: Tiled Floors
View
Has a ViewView: Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: PatioVegetation: Heavily WoodedOther Structures: Storage ShedExterior: Rain Gutters
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Gravel,Attached,Electrical Service,Slab
Frontage
Road Frontage: County RoadNot on Waterfront
Water & Sewer
Sewer: Mound Septic
Finished Area
Finished Area (above surface): 1540 Square Feet

Days on Market

Cumulative Days on Market: 49

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Composition, Frame/Wood
Property Information
Parcel Number: 465004005767

Price & Status

Price
List Price: $379,000
Status Change & Dates
Off Market Date: Thu Jun 29 2023

Active Status

MLS Status: SOLD

Location

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

HOA

No HOA

Lot Information

Lot Area: 2.51 Acres

Miscellaneous

BasementMls Number: 6108007Attribution Contact: ***Above Grade Unfinished Area: 1540

Price and Tax history

DateEventPrice
Sep 1, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108007
Sold
$370,000
Aug 31, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108007
Pending
$379,000
Jun 30, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108007
Contingent
$379,000
Jun 30, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108007
Pending
$379,000
Jun 6, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108007
PendingToActive
$379,000

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 2026-09-10 14:37:38 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 2631 Grant McMahan Blvd

  • What is 2631 Grant McMahan Blvd estimated to be worth?
    Trulia's estimated value for 2631 Grant McMahan Blvd in Ely, MN is $401,300.
  • What is the price history for 2631 Grant McMahan Blvd?
    2631 Grant McMahan Blvd in Ely, MN last sold for $370,000 in September 2023.
  • 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.
  • Does 2631 Grant McMahan Blvd have laundry facilities?
    Yes, 2631 Grant McMahan Blvd in Ely, MN has in-unit laundry.
  • How big is the lot at 2631 Grant McMahan Blvd?
    The lot at 2631 Grant McMahan Blvd in Ely, MN is about 2.5 acres.

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