2899 Rainbow Is, Ely, MN 55731
OFF MARKET

2899 Rainbow Is
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 780 sqft (on 1.75 acres)

$532,200

Trulia Estimate
as of May 11, 2026
Est. Refi. Payment $3,158/mo*
Refinance Your Home

$532,200

Trulia Estimate
as of May 11, 2026
Est. Refi. Payment $3,158/mo*
Refinance Your Home
3 Beds
1 Bath
780 sqft
(on 1.75 acres)

Homes for sale near 2899 Rainbow Is

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Apartments for Rent

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Local Information

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

Description

This single-family home is located at 2899 Rainbow Is, Ely, MN. 2899 Rainbow Is is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms, 1 bathroom and approximately 780 sqft of floor space. This property has a lot size of 1.75 acres.
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.

Home Highlights

Parking
No Info
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 2899 Rainbow Is

Interior Features

Interior Details
BasementIn-law unit
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 1

Lot Information

Lot Area: 1.75 acres

Price History for 2899 Rainbow Is

DatePriceEventSource
11/01/2013$286,933Sold
N/A
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Property Tax and Assessment

Year2024
Tax$4,226
Assessment$457,400
Home facts updated by county records

Comparable Sales for 2899 Rainbow Is

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2796 Clayton Rd, Ely, MN
2.17
Single-Family Home
$665,000
01/30/26
3
2
1,296
2573 Grant McMahan Blvd, Ely, MN
2.80
Single-Family Home
$169,000
07/15/25
2
1
826
3422 N Arm Rd, Ely, MN
1.90
Single-Family Home
$1,075,000
02/13/26
3
2
2,862
1995 Pine Tree Trl, Ely, MN
4.36
Single-Family Home
$489,400
10/03/25
2
1
911
2375 Viste Point, Ely, MN
3.73
Single-Family Home
$900,000
04/01/26
3
2
2,706
1984 Grant McMahan Blvd, Ely, MN
4.55
Single-Family Home
$614,000
08/29/25
3
1
912
1984 Grant McMahan Blvd #1984, Ely, MN
4.57
Single-Family Home
$614,000
08/29/25
3
1
912
2009 Pine Tree Trl, Ely, MN
4.18
Single-Family Home
$780,000
07/25/25
2
2
1,760
2263 Longstorff Rd, Ely, MN
4.54
Single-Family Home
$510,000
10/06/25
3
2
1,581
2151 Echo Trl, Ely, MN
3.97
Single-Family Home
$135,000
12/05/25
1
-
480

Assigned Schools

These are the assigned schools for 2899 Rainbow Is.
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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 it's walkable to grocery stores

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

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
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  • 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
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Homes for rent near 2899 Rainbow Is

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Off Market Homes Near 2899 Rainbow Is

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2899 Rainbow Is, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 780 sqft single-family home. This property is not currently available for sale. 2899 Rainbow Is was last sold on Nov 1, 2013 for $286,933. The current Trulia Estimate for 2899 Rainbow Is is $532,200.