2744 Cedar Lake Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

2744 Cedar Lake Rd
Ely, MN 55731

  • 3 Beds
  • 2 Baths
  • 1,480 sqft (on 5 acres)

$405,200

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $2,508/mo*
Refinance Your Home

$405,200

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $2,508/mo*
Refinance Your Home
3 Beds
2 Baths
1,480 sqft
(on 5 acres)

Home Value

Trulia Estimate
$405K
Since last month
Decreased$5K (-1.3%)
Since last year
Increased$13K (+3.4%)
Since last sale
Increased$182K (+81.1%)
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 +121% in the last 10 years
MonthEstimated value
2026
August 2026$406K
July 2026$411K
June 2026$414K
May 2026$408K
April 2026$400K
March 2026$386K
February 2026$382K
January 2026$372K
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
1326 N 21st Ave E, Ely, MN
0.88
Single-Family Home
$250,000
12/18/25
3
2
1,728
1280 Heather St, Ely, MN
1.00
Single-Family Home
$205,000
02/20/26
3
3
3,048
1530 N 20th Ave E, Ely, MN
0.87
Single-Family Home
$130,000
07/31/26
3
1
1,373
1759 N Pioneer Rd, Ely, MN
1.22
Single-Family Home
$475,000
01/02/26
2
2
1,114
1527 N 19th Ave E, Ely, MN
0.94
Single-Family Home
$188,700
09/05/25
3
1
1,310
2211 Spaulding Dr, Ely, MN
0.80
Single-Family Home
$640,000
07/17/26
4
3
3,336
1603 Hanson Rd, Ely, MN
1.53
Single-Family Home
$300,000
06/12/26
3
1
996
607 N Main St, Winton, MN
1.08
Single-Family Home
$415,000
03/06/26
2
1
1,088
142 Onigum Tr, Ely, MN
1.60
Single-Family Home
$930,000
08/29/25
3
2
2,042
1471 N Pioneer Rd, Ely, MN
1.37
Single-Family Home
$626,000
05/01/26
2
2
1,258

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
2762 Cedar Lake Rd, Ely, MN 55731
0.18
$499,999
2
2
2,382
For Sale
xxx Winton Rd, Winton, MN 55796
0.29
-
-
-
-
Off Market
2826 Cedar Lake Rd, Ely, MN 55731
0.40
$495,000
4
3
2,722
For Sale
XXX Grant McMahan Blvd, Ely, MN 55731
0.58
-
-
-
-
Off Market
1161 Hwy 169, Ely, MN 55731
0.65
$352,500
3
2
1,586
Off Market
XXX Hwy 169, Ely, MN 55731
0.73
-
-
-
-
Off Market
Black Wolf Tr, Ely, MN 55731
0.74
-
-
-
-
Off Market
Black Wolf Tr, Ely, MN 55731
0.74
-
-
-
-
Off Market
244 West St, Winton, MN 55796
0.77
$149,400
3
1
1,035
Off Market
TBD Highway 169, Ely, MN 55731
0.80
-
-
-
-
Off Market
311 River St, Winton, MN 55796
0.82
$99,500
3
1
1,384
For Sale
2211 Spaulding Dr, Ely, MN 55731
0.80
$640,000
4
3
3,336
Recently Sold

Local Information

  • Map ViewExplore the area around 2744 Cedar Lake 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
1978
Lot Size
5 acres
Living Area
1,480 sqft
Price/Sqft
$274
Parking
Garage

About this House

This wooded 5 acre Cedar Lake Rd home is located only 2.5 miles from Ely. Lg windows flood the open floorplan with natural lighting & hours of wildlife watching. Contemporary 3 BD/2BA home also features vaulted ceiling, huge media/family rm, modern kitchen w/new quality appliances, A/C, tons of storage, huge deck w/western exposure & 2 stall garage. Just Reduced!! Brokered And Advertised By: Border Lakes Realty Listing Agent: Wendy Johnson
2744 Cedar Lake Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,480 sqft single-family home built in 1978. It last sold for $224,000 on Mar 9, 2012. It is currently off market. The Trulia Estimate is $405,200, with a rent estimate of $2,120/month.

Home Details for 2744 Cedar Lake Rd

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 2Parking: Carport, Garage Detached

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 5.00 acres

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$269,000
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$269,000
Mar 9, 2012
Source: N/A
Sold
$224,000
Nov 1, 2011
Source: Lake Superior Area Realtors as distributed by MLS GRID #1427189
Sold
$224,000
Feb 15, 2011
Source: Agent Provided
PriceChange
$249,900
Price decreased by 5%

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

Frequently asked questions about 2744 Cedar Lake Rd

  • What is 2744 Cedar Lake Rd estimated to be worth?
    Trulia's estimated value for 2744 Cedar Lake Rd in Ely, MN is $405,200.
  • What is the price history for 2744 Cedar Lake Rd?
    2744 Cedar Lake Rd in Ely, MN last sold for $224,000 in March 2012.
  • 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 2744 Cedar Lake Rd have air conditioning?
    Yes, 2744 Cedar Lake Rd in Ely, MN has air conditioning.
  • How big is the lot at 2744 Cedar Lake Rd?
    The lot at 2744 Cedar Lake Rd in Ely, MN is about 5 acres.

Apartments for Rent

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Off Market Homes Near 2744 Cedar Lake Rd

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