2688 Bear Island River Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$129,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,260 sqft (on 1 acre)

2688 Bear Island River Rd, Ely, MN 55731

Est. Refi. Payment $884/mo*
Refinance Your Home
Currently Off Market - Sold Dec 30, 2024 for $84,000

Home Value

Trulia Estimate
$130K
Since last month
Increased$21K (+18%)
Since last year
Increased$46K (+52.3%)
Since last sale
Increased$51K (+60.5%)
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 +90% in the last 10 years
MonthEstimated value
2026
September 2026$135K
August 2026$127K
July 2026$114K
June 2026$90K
May 2026$88K
April 2026$91K
March 2026$91K
February 2026$89K
January 2026$90K
2025
2024
2023
2022
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
9362 Vandelay Dr, Ely, MN
1.10
Single-Family Home
$265,000
05/15/26
2
1
976
8702 Sock Lake Road, Babbitt, MN
3.08
Single-Family Home
$285,000
12/08/25
3
2
1,292
20 Ivy Blvd, Babbitt, MN
4.87
Single-Family Home
$179,000
09/30/25
3
2
1,872
47 Birch Blvd, Babbitt, MN
5.06
Single-Family Home
$136,900
08/19/26
3
2
1,856
34 Elm Blvd, Babbitt, MN
4.95
Single-Family Home
$136,000
11/07/25
3
1.5
912
38 Locust Dr, Babbitt, MN
4.97
Single-Family Home
$110,000
05/05/26
4
1.5
1,915
42 Locust Dr, Babbitt, MN
4.98
Single-Family Home
$210,000
02/27/26
3
2
2,019
50 Beech Crt, Babbitt, MN
4.94
Single-Family Home
$108,000
06/22/26
2
1.5
768

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 Lake, Ely, MN 55731
0.63
-
-
-
-
Off Market
2528 Verbick Rd, Ely, MN 55731
0.67
$548,500
2
1.5
1,680
Off Market
- Bear Island Lake, Ely, MN 55731
0.73
-
-
-
-
Off Market
xxx Bear Island River Rd, Ely, MN 55731
0.79
-
-
-
-
Off Market
2519 Bear Island River Rd, Ely, MN 55731
0.80
-
-
-
-
Off Market
TBD Bear Island River Rd, Ely, MN 55731
0.84
-
-
-
-
Off Market
9362 Vandelay Dr, Ely, MN 55731
1.10
$265,000
2
1
976
Recently Sold
TBD Bear Island Cabin Dr, Babbitt, MN 55706
1.16
-
-
-
-
Off Market
Bear Island Resort Rd, Ely, MN 55731
1.20
-
-
-
-
Off Market
2606 Bear Island Resort Rd, Babbitt, MN 55706
1.22
$465,000
4
2.5
2,160
For Sale
Bear Island Resort Rd, Ely, MN 55731
1.29
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2688 Bear Island River Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1974
1 acre lot
1,260 sqft
$103/sqft
Garage

About this House

Affordable Country living within a mile of the Bear Island Lake access landing. Beautiful setting with a compliant septic system, lake setting and no lakeshore taxes. Well-kept home on a nice corner lot. 3 Bedroom, 1 and a 1/2 bath with spacious additions. Dual decks on either side of the home with a 13 x 16 rec room that allows for extra living space. A 24 x 30 insulated garage with work area is nice in all seasons. An affordable Ely getaway with toy storage the year round.
2688 Bear Island River Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,260 sqft single-family home built in 1974. It last sold for $84,000 on Dec 30, 2024 (11% below the $94,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $129,700, with a rent estimate of $1,894/month.
Last check for updates: about 10 hours ago
Listed by Jerry Fink, (218) 343-1318
Canoe Capital Realty, LLC
Bought with: Nonmember NONMEMBER, Nonmember Office
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6117027

Home Details for 2688 Bear Island River Rd

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom, Dining Room, Kitchen, Living Room, Recreation Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1Number of Bathrooms (quarter): 1
Dimensions and Layout
Living Area: 1260 Square FeetFoundation Area: 980
Appliances & Utilities
Utilities: Satellite
Heating & Cooling
Heating: Forced Air,PropaneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Panoramic, Typical

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: DeckVegetation: Heavily WoodedExterior: Rain Gutters
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Off Street,RV Parking,Asphalt,Detached,Electrical Service,Insulation
Frontage
Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 1260 Square Feet

Days on Market

Cumulative Days on Market: 20

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Mobile Home
Building
Construction Materials: Metal, Mobile (Pre-6/1976)
Property Information
Parcel Number: 625002600310

Price & Status

Price
List Price: $94,500
Status Change & Dates
Off Market Date: Fri Dec 06 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: 1 Acres

Offer

Listing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Type: Single Wide

Miscellaneous

Mls Number: 6117027Attribution Contact: ***Above Grade Unfinished Area: 1260

Price and Tax history

DateEventPrice
Dec 30, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117027
Sold
$84,000
Dec 6, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117027
Pending
$94,500
Nov 16, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117027
Listed For Sale
$94,500
Oct 11, 2001
Source: N/A
Sold
$73,000

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
5MoM

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
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-18 01:02:32 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 2688 Bear Island River Rd

  • What is 2688 Bear Island River Rd estimated to be worth?
    Trulia's estimated value for 2688 Bear Island River Rd in Ely, MN is $129,700.
  • What is the price history for 2688 Bear Island River Rd?
    2688 Bear Island River Rd in Ely, MN last sold for $84,000 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.
  • How big is the lot at 2688 Bear Island River Rd?
    The lot at 2688 Bear Island River Rd in Ely, MN is about 1 acre.
  • Does 2688 Bear Island River Rd have a garage?
    Yes, 2688 Bear Island River Rd in Ely, MN has a garage.

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