3061 Arm Rd E, Ely, MN 55731
OFF MARKET

3061 Arm Rd E
Ely, MN 55731

  • 4 Beds
  • 4 Baths
  • 1,904 sqft (on 2 acres)

$1,789,300

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $10,633/mo*
Refinance Your Home

$1,789,300

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $10,633/mo*
Refinance Your Home
4 Beds
4 Baths
1,904 sqft
(on 2 acres)

Local Information

  • Map ViewExplore the area around 3061 Arm Rd E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1997
Lot Size
2 acres
Living Area
1,904 sqft
Price/Sqft
$940
Parking
Garage

About this House

Property is truly unique w/privacy, many mature pines & spectacular views. Each BA is selectively hand-painted w/scenes related to the area. Lot features: gardens, pond w/waterfall, landscaping on entire parcel, log sided sauna on waters edge, sand beach. Beautiful open floor plan w/cathedral ceilings & hardwood floors emphasizes the great room, KI, & DR. KI features custom ash cabinets, fieldstone fireplace in great room & DR w/tons of storage. Huge master BR has formal glass French doors to separate LR w/ Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Bruce Chernak
3061 Arm Rd E, Ely, MN 55731 is a 4 bedroom, 4 bathroom, 1,904 sqft single-family home built in 1997. It last sold for $1,750,000 on Aug 13, 2024. It is currently off market. The Trulia Estimate is $1,789,300, with a rent estimate of $2,705/month.

Home Details for 3061 Arm Rd E

Interior Features

Heating & Cooling
Heating: Forced Air, WoodAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 4Parking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 2.00 acres

Building

Pool
Sauna

Price History for 3061 Arm Rd E

DatePriceEventSource
08/13/2024$1,750,000Sold
N/A
10/17/2012$1,400,000ListingRemovedAgent Provided
10/12/2012$1,400,000Listed For SaleAgent Provided
01/28/2008$1,500,000Sold
N/A
07/02/2003$68,000Sold
N/A

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2024
Tax$12,320
Assessment$1,287,200
Home facts updated by county records

Comparable Sales for 3061 Arm Rd E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1883 Lindbeck Rd, Ely, MN
0.55
Single-Family Home
$725,000
01/12/26
4
4
2,628
1918 Pine Tree Tr, Ely, MN
0.69
Single-Family Home
$1,078,500
01/13/26
4
3
4,300
1995 Pine Tree Tr, Ely, MN
1.01
Single-Family Home
$489,400
10/03/25
2
1
911
1475 Echo Tr, Ely, MN
1.17
Single-Family Home
$272,500
06/30/26
1
1
1,160
1984 Grant McMahan Blvd, Ely, MN
1.62
Single-Family Home
$614,000
08/29/25
3
1
912
1984 Grant McMahan Blvd #1984, Ely, MN
1.63
Single-Family Home
$614,000
08/29/25
3
1
912
1852 Grant McMahan Blvd, Ely, MN
2.00
Single-Family Home
$880,000
05/06/26
3
2
2,460
105 N Klondike Dr, Ely, MN
2.74
Single-Family Home
$875,000
11/21/25
3
2.5
2,187
1603 Hanson Rd, Ely, MN
2.30
Single-Family Home
$300,000
06/12/26
3
1
996
1776 Grant McMahan Blvd, Ely, MN
1.95
Single-Family Home
$279,255
08/18/25
1
-
314

Nearby homes

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Assigned Schools

These are the assigned schools for 3061 Arm Rd E.
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
    "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. "
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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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Apartments for Rent

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Homes for sale near 3061 Arm Rd E

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Off Market Homes Near 3061 Arm Rd E

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Frequently asked questions about 3061 Arm Rd E

  • What is 3061 Arm Rd E estimated to be worth?
    Trulia's estimated value for 3061 Arm Rd E in Ely, MN is $1,789,300.
  • What is the price history for 3061 Arm Rd E?
    3061 Arm Rd E in Ely, MN last sold for $1,750,000 in August 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.
  • Does 3061 Arm Rd E have air conditioning?
    Yes, 3061 Arm Rd E in Ely, MN has air conditioning.
  • How big is the lot at 3061 Arm Rd E?
    The lot at 3061 Arm Rd E in Ely, MN is about 2 acres.