Is there wildlife in Ely, MN?

As of early 2026, 93% of users say there's wildlife

Do kids play outside in Ely, MN?

As of early 2026, 90% of users say kids play outside

Is a car needed in Ely, MN?

As of early 2026, 89% of users say car is needed

Is parking easy in Ely, MN?

As of early 2026, 88% of users say parking is easy

As of early 2026, 86% of users say it's quiet

Are yards well-kept in Ely, MN?

As of early 2026, 83% of users say yards are well-kept

Is Ely, MN dog-friendly?

As of early 2026, 83% of users say it's dog friendly

Does Ely, MN show holiday spirit?

As of early 2026, 80% of users say there's holiday spirit

Would people walk alone at night in Ely, MN?

As of early 2026, 78% of users say people would walk alone at night

Is Ely, MN walkable to restaurants?

As of early 2026, 77% of users say it's walkable to restaurants

Does Ely, MN have sidewalks?

As of early 2026, 75% of users say there are sidewalks

Are the streets well-lit in Ely, MN?

As of early 2026, 73% of users say streets are well-lit

Are neighbors friendly in Ely, MN?

As of early 2026, 72% of users say neighbors are friendly

Is Ely, MN walkable to grocery stores?

As of early 2026, 69% of users say it's walkable to grocery stores

Are there community events in Ely, MN?

As of early 2026, 45% of users say there are community events

Do residents of Ely, MN plan to stay at least 5 years?

As of early 2026, 36% of users say they plan to stay for at least 5 years

What is 2702 Bear Island River Rd estimated to be worth?

Trulia's estimated value for 2702 Bear Island River Rd in Ely, MN is $563,200 .

What is the price history for 2702 Bear Island River Rd?

2702 Bear Island River Rd in Ely, MN last sold for $400,000 in July 2021.

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 2702 Bear Island River Rd have air conditioning?

Yes, 2702 Bear Island River Rd in Ely, MN has air conditioning.

Does 2702 Bear Island River Rd have laundry facilities?

Yes, 2702 Bear Island River Rd in Ely, MN has in-unit laundry.

OFF MARKET

$563,200

Trulia Estimate

3 Beds
2.5 Baths
3,780 sqft (on 2.20 acres)

2702 Bear Island River Rd, Ely, MN 55731

Refinance Your Home

Currently Off Market - Sold Jul 15, 2021 for $400,000

Home Value

Trulia Estimate

$563K

Since last month

$7K (+1.2%)

Since last year

$17K (+3.1%)

Since last sale

$162K (+40.6%)

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 +104% in the last 10 years

Month	Estimated value
2026
August 2026	$562K
August 2026	$561K
July 2026	$555K
June 2026	$564K
May 2026	$551K
April 2026	$533K
March 2026	$529K
February 2026	$515K
January 2026	$506K
2025
December 2025	$523K
November 2025	$535K
October 2025	$550K
September 2025	$537K
August 2025	$545K
July 2025	$543K
June 2025	$543K
May 2025	$534K
April 2025	$524K
March 2025	$509K
February 2025	$491K
January 2025	$489K
2024
December 2024	$502K
November 2024	$508K
October 2024	$485K
September 2024	$491K
August 2024	$499K
July 2024	$502K
June 2024	$507K
May 2024	$493K
April 2024	$486K
March 2024	$481K
February 2024	$462K
January 2024	$461K
2023
December 2023	$456K
November 2023	$454K
October 2023	$461K
September 2023	$466K
August 2023	$471K
July 2023	$473K
June 2023	$472K
May 2023	$448K
April 2023	$445K
March 2023	$438K
February 2023	$423K
January 2023	$426K
2022
December 2022	$430K
November 2022	$439K
October 2022	$445K
September 2022	$448K
August 2022	$442K
July 2022	$421K
June 2022	$395K
May 2022	$386K
April 2022	$376K
March 2022	$364K
February 2022	$350K
January 2022	$346K
2021
December 2021	$348K
November 2021	$349K
October 2021	$348K
September 2021	$390K
August 2021	$387K
July 2021	$402K
June 2021	$400K
May 2021	$412K
April 2021	$296K
March 2021	$291K
February 2021	$295K
January 2021	$309K
2020
December 2020	$303K
November 2020	$300K
October 2020	$304K
September 2020	$305K
August 2020	$315K
July 2020	$313K
June 2020	$309K
May 2020	$292K
April 2020	$293K
March 2020	$293K
February 2020	$292K
January 2020	$290K
2019
December 2019	$291K
November 2019	$297K
October 2019	$309K
September 2019	$320K
August 2019	$325K
July 2019	$318K
June 2019	$308K
May 2019	$303K
April 2019	$294K
March 2019	$283K
February 2019	$286K
January 2019	$282K
2018
December 2018	$273K
November 2018	$276K
October 2018	$277K
September 2018	$280K
August 2018	$299K
July 2018	$281K
June 2018	$273K
May 2018	$280K
April 2018	$275K
March 2018	$274K
February 2018	$272K
January 2018	$278K
2017
December 2017	$282K
November 2017	$287K
October 2017	$288K
September 2017	$288K
August 2017	$286K
July 2017	$285K
June 2017	$292K
May 2017	$290K
April 2017	$286K
March 2017	$272K
February 2017	$276K
January 2017	$283K
2016
December 2016	$292K
November 2016	$286K
October 2016	$279K
September 2016	$275K

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	1.21	Single-Family Home	$265,000	05/15/26	2	1	976
8702 Sock Lake Road, Babbitt, MN	2.97	Single-Family Home	$285,000	12/08/25	3	2	1,292
1317 N Hwy 21, Ely, MN	4.11	Single-Family Home	$350,000	09/05/25	3	1.5	2,400
20 Ivy Blvd, Babbitt, MN	4.82	Single-Family Home	$179,000	09/30/25	3	2	1,872
42 Locust Dr, Babbitt, MN	4.93	Single-Family Home	$210,000	02/27/26	3	2	2,019
28 Cottonwood Ct, Babbitt, MN	4.89	Single-Family Home	$135,000	09/24/25	2	2	2,146
47 Birch Blvd, Babbitt, MN	5.03	Single-Family Home	$136,900	08/19/26	3	2	1,856

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
2688 Bear Island River Rd, Ely, MN 55731	0.12	$129,900	3	2	1,260	Off Market
2734 Bear Island River Rd, Ely, MN 55731	0.18	$475,000	2	1.5	1,172	For Sale
xxx Bear Island Lake, Ely, MN 55731	0.63	-	-	-	-	Off Market
- Bear Island Lake, Ely, MN 55731	0.75	-	-	-	-	Off Market
2528 Verbick Rd, Ely, MN 55731	0.78	$548,500	2	1.5	1,680	Off Market
xxx Bear Island River Rd, Ely, MN 55731	0.91	-	-	-	-	Off Market
9405 Runn Rd, Ely, MN 55731	0.91	$1,108,200	3	2	2,575	Off Market
2519 Bear Island River Rd, Ely, MN 55731	0.92	-	-	-	-	Off Market
TBD Bear Island River Rd, Ely, MN 55731	0.97	-	-	-	-	Off Market
TBD Bear Island Cabin Dr, Babbitt, MN 55706	1.07	-	-	-	-	Off Market
Bear Island Resort Rd, Ely, MN 55731	1.15	-	-	-	-	Off Market
Bear Island Resort Rd, Ely, MN 55731	1.23	-	-	-	-	Off Market

Local Information

Map ViewExplore the area around 2702 Bear Island River Rd.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1972

Lot Size

2.2 acres

Living Area

3,780 sqft

Price/Sqft

$149

About this House

This single-family home is located at 2702 Bear Island River Rd, Ely, MN. 2702 Bear Island River Rd is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms, 3 bathrooms and approximately 3,780 sqft of floor space. This property has a lot size of 2.20 acres and was built in 1972.

2702 Bear Island River Rd, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 3,780 sqft single-family home built in 1972. It last sold for $400,000 on Jul 15, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $563,200, with a rent estimate of $2,865/month.

Home Details for 2702 Bear Island River Rd

Interior Features
Interior Details BasementTypes of Rooms: Dining Room
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood
Appliances & Utilities DryerMicrowaveRefrigeratorWasher
Heating & Cooling Air ConditioningCooling System: Central
Fireplace & Spa Fireplace

Exterior Features
Exterior Home Features Roof: MetalDeckExterior: Wood

Property Information
Year Built Year Built: 1972
Property Type / Style Property Type: Single Family HomeArchitecture: Contemporary

Community
Units in Building: 1

Lot Information
Lot Area: 2.20 acres

Price and Tax history

Date	Event	Price
Jul 15, 2021 Source: Lake Superior Area Realtors as distributed by MLS GRID #6096570	Sold	$400,000
May 20, 2021 Source: Lake Superior Area Realtors as distributed by MLS GRID #6096570	Pending	$399,900
May 7, 2021 Source: Lake Superior Area Realtors as distributed by MLS GRID #6096570	Listed For Sale	$399,900
Nov 14, 2013 Source: Agent Provided	ListingRemoved	$359,000
Mar 16, 2013 Source: Agent Provided	Listed For Sale	$359,000
Oct 17, 2012 Source: Agent Provided	ListingRemoved	$459,000
Oct 12, 2012 Source: Agent Provided	PriceChange	$459,000 Price increased by 24%
Oct 11, 2012 Source: Agent Provided	Listed For Sale	$369,000
Jan 28, 2011 Source: Agent Provided	ListingRemoved	$369,000
Jul 17, 2010 Source: Agent Provided	Listed For Sale	$369,000
Nov 7, 2009 Source: Agent Provided	ListingRemoved	$459,000
Jun 10, 2009 Source: Agent Provided	Listed For Sale	$459,000

Year	Property tax	Tax assessment
2024	$3,702	$433,800

Additional Cost

Market trends in Ely

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

2MoM

Around this home

Washington Elementary School
PK-5
Public
201 Students
Ely Public School District
6/10
GreatSchools Rating
Parent Rating Average
Excellent community involvement and it's a great school for K-1. It gets spotty after that. The district has had a revolving door of superintendents for a number of years. Major problems with a few staff and the school board. The test scores reflect such.
Parent Review
11y ago
20 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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
Resident
1y ago
"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.
Resident
6y ago
"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.
Resident
6y ago
"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.
Resident
6y ago
"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
Resident
6y ago
"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.
Resident
7y ago
"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

Frequently asked questions about 2702 Bear Island River Rd

What is 2702 Bear Island River Rd estimated to be worth?
Trulia's estimated value for 2702 Bear Island River Rd in Ely, MN is $563,200.
What is the price history for 2702 Bear Island River Rd?
2702 Bear Island River Rd in Ely, MN last sold for $400,000 in July 2021.
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 2702 Bear Island River Rd have air conditioning?
Yes, 2702 Bear Island River Rd in Ely, MN has air conditioning.
Does 2702 Bear Island River Rd have laundry facilities?
Yes, 2702 Bear Island River Rd in Ely, MN has in-unit laundry.

Apartments for Rent

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Off Market Homes Near 2702 Bear Island River Rd

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SOLD
DEC 8, 2025
$285,000
3 bd
2 ba
1,292 sqft
8702 Sock Lake Road,
Babbitt, MN 55706
Lori Schulze, Keller Williams Classic Realty NW - Ely
OFF MARKET
Est. $384,000
3 bd
1.5 ba
2,400 sqft
1317 N Hwy 21,
Ely, MN 55731
Andrea Zupancich, Z' Up North Realty
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Ely
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Homes for sale near 2702 Bear Island River Rd

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0.75 ACRES
$475,000
2 bd
1.5 ba
1,172 sqft
2734 Bear Island River Rd,
Ely, MN 55731
Andrea Zupancich, Z' Up North Realty
7.25 ACRES
$499,000
2 bd
672 sqft
2941 Makkyla Tr,
Babbitt, MN 55706
Janet Erchul, Ely Realty
2.74 ACRES
$250,000
3 bd
1 ba
1,248 sqft
8557 Highway 21 N,
Babbitt, MN 55706
Keller Williams Classic Rlty NW
2.6 ACRES
$649,000
2 bd
3 ba
2,920 sqft
1804 North Bay Rd,
Ely, MN 55731
Andrea Zupancich, Z' Up North Realty
8.03 ACRES
$799,000
3 bd
2.5 ba
2,344 sqft
1819 Pine Street Rd,
Ely, MN 55731
Keller Williams Classic Rlty NW
11 ACRES
$449,000
2 bd
2 ba
1,389 sqft
1772 HWY 120,
Ely, MN 55731
Patricia Bulinski, Bear Island Realty LLC
1.8 ACRES
$445,000
1 bd
1.5 ba
1,890 sqft
1717 Pine Street Rd,
Ely, MN 55731
Julian Rasmusson, Z' Up North Realty
$130,000
3 bd
2 ba
1,602 sqft
51 Aspen Ln,
Babbitt, MN 55706
Paul L Docauer, RE/MAX Advantage Plus - Blaine
$138,000
3 bd
2 ba
1,876 sqft
44 Ash Blvd,
Babbitt, MN 55706
Wendy S Johnson, Keller Williams Classic Realty NW - Ely
0.25 ACRES
$160,000
3 bd
2 ba
1,168 sqft
44 Locust Dr,
Babbitt, MN 55706
Connie Coughlin, Bear Island Realty LLC
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Ely
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