2776 Bear Island River Rd, Ely, MN 55731
OFF MARKET

2776 Bear Island River Rd
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 1,564 sqft (on 1 acre)

$502,800

Trulia Estimate
as of Jun 16, 2026
Est. Refi. Payment $3,042/mo*

$502,800

Trulia Estimate
as of Jun 16, 2026
Est. Refi. Payment $3,042/mo*
3 Beds
1 Bath
1,564 sqft
(on 1 acre)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Let go to the LAKE! If it's this pretty in a snowfall, imagine how Beautiful in summer! In fact, every season! 1 acre LEVEL lot and some sand beach, this Bear Island Lake cabin has great space inside and out. All has been nicely redone with lots of features. Two brand new wood stove that heats the home up like no one's business! Massive 20x27 great room with knotty pine paneling, amazing views of the lake and space galore! Easy flow plan lets you glide effortlessly from the 3 bedrooms, large remodeled 3/4 bath, open concept floor plan with kitchen, to the dining and living. All this in one area overlooking the water. Kitchen features a massive butch block island breakfast bar that you will love to host great meals around and cozy knotty pine features throughout. Garage has a little workshop of the back or convert it to a bunk house, craft room, additional storage, you name it! Newer septic, lake water system with heat tape allows for year-round use!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 08, 2025

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 2776 Bear Island River Rd

Interior Features

Interior Details
Basement: PostsNumber of Rooms: 8Types of Rooms: Bedroom, Bathroom, Kitchen, Living Room, Office, Utility Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1564 Square Feet
Appliances & Utilities
Appliances: Dryer, Microwave, Range, Refrigerator, WasherDryerLaundry: Main Level,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Wood,PropaneHas HeatingHeating Fuel: Wood
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Wood Frames
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Inland Lake, Panoramic, Typical

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleVegetation: Partially Wooded
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)On Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Bear Island
Farm & Range
Frontage Length: 100
Finished Area
Finished Area (above surface): 1564 Square Feet

Days on Market

Cumulative Days on Market: 193

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 625002600800

Price & Status

Price
List Price: $440,000
Status Change & Dates
Off Market Date: Fri Jun 23 2023Possession 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

Miscellaneous

BasementMls Number: 6106361Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 1564
Last check for updates: about 6 hours ago
Listed by Andrea Zupancich, (218) 749-0159
Z' Up North Realty
Bought with: Jerry Fink, (218) 343-1318, Canoe Capital Realty, LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6106361

Price History for 2776 Bear Island River Rd

DatePriceEventSource
07/19/2023$430,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6106361
06/25/2023$440,000PendingLake Superior Area Realtors as distributed by MLS GRID #6106361
06/08/2023$440,000PriceChange
Range AOR #144486
01/20/2023$450,000PendingToActiveLake Superior Area Realtors as distributed by MLS GRID #6106361
12/26/2022$450,000PendingLake Superior Area Realtors as distributed by MLS GRID #6106361
12/26/2022$450,000ContingentRange AOR #144486
12/24/2022$450,000PendingNorthstarMLS as distributed by MLS GRID #6312601
11/17/2022$450,000Listed For SaleRange AOR #144486
12/01/2020$329,000ListingRemovedAgent Provided
09/21/2020$329,000Listed For SaleAgent Provided
07/26/2018$205,000Sold
N/A
07/05/2018$239,000PendingAgent Provided
05/19/2018$239,000Listed For SaleAgent Provided
11/20/2017$249,900ListingRemovedAgent Provided
08/15/2017$249,900PriceChange
Agent Provided
04/20/2017$269,000Listed For SaleAgent Provided

Market trends in Ely

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
79
6
MoM
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Property Tax and Assessment

Year2024
Tax$3,254
Assessment$403,400
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,953/mo

Comparable Sales for 2776 Bear Island River Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.18
Single-Family Home
$265,000
05/15/26
2
1
976
3.08
Single-Family Home
$285,000
12/08/25
3
2
1,292
3.33
Single-Family Home
$475,000
08/15/25
2
2
850
4.40
Single-Family Home
$389,000
07/03/25
2
1
560
4.10
Single-Family Home
$350,000
09/05/25
3
1.5
2,400
4.45
Single-Family Home
$139,000
06/27/25
2
1.5
1,170
5.32
Single-Family Home
$135,000
04/24/26
3
1
2,004
5.10
Single-Family Home
$179,000
09/30/25
3
2
1,872
5.21
Single-Family Home
$210,000
02/27/26
3
2
2,019

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."

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Apartments for Rent

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Homes for sale near 2776 Bear Island River Rd

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Off Market Homes Near 2776 Bear Island River Rd

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Based on information submitted to the MLS GRID as of 2026-06-15 21:12:22 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
2776 Bear Island River Rd, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 1,564 sqft single-family home built in 1994. This property is not currently available for sale. 2776 Bear Island River Rd was last sold on Jul 19, 2023 for $430,000 (2% lower than the asking price of $440,000). The current Trulia Estimate for 2776 Bear Island River Rd is $502,800.