3061 E Arm Rd, Ely, MN 55731
OFF MARKET

$1,818,400

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 4,980 sqft (on 1.98 acres)

3061 E Arm Rd, Ely, MN 55731

Est. Refi. Payment $11,778/mo*
Refinance Your Home
Currently Off Market - Sold Aug 5, 2024 for $1,750,000

Home Value

Trulia Estimate
$1.82M
Since last month
Increased$7K (+0.4%)
Since last year
Decreased$36K (-1.9%)
Since last sale
Increased$103K (+5.9%)
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 decreased by -7% in the last 10 years
MonthEstimated value
2026
October 2026$1.85M
September 2026$1.87M
August 2026$1.85M
July 2026$1.79M
June 2026$1.88M
May 2026$1.82M
April 2026$1.84M
March 2026$1.9M
February 2026$1.88M
January 2026$1.94M
2025
2024
2023

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
1883 Lindbeck Rd, Ely, MN
0.53
Single-Family Home
$725,000
01/12/26
4
4
2,628
1918 Pine Tree Tr, Ely, MN
0.68
Single-Family Home
$1,078,500
01/13/26
4
3
4,300
1875 Echo Tr, Ely, MN
0.82
Single-Family Home
$450,000
08/03/26
2
2
1,260
3003 Burntside Ridge Rd, Ely, MN
1.54
Single-Family Home
$850,000
09/25/26
3
1
1,560
3009 Burntside Ridge Rd, Ely, MN
1.51
Single-Family Home
$729,000
09/18/26
2
1
773
2445 Reed Rd, Ely, MN
2.39
Single-Family Home
$770,000
09/25/26
4
3
4,872
1475 Echo Tr, Ely, MN
1.15
Single-Family Home
$272,500
06/30/26
1
1
1,160
1852 Grant McMahan Blvd, Ely, MN
1.99
Single-Family Home
$880,000
05/06/26
3
2
2,460

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
3067 East Arm Rd, Ely, MN 55731
0.02
-
-
-
-
Off Market
3061 Arm Rd E, Ely, MN 55731
0.02
$1,838,500
4
4
1,904
Off Market
3067 Arm, Ely, MN 55731
0.03
-
-
-
-
Off Market
3063 E Arm Rd, Ely, MN 55731
0.04
$652,000
1
2
1,440
Off Market
E Arm Rd, Ely, MN 55731
0.05
-
-
-
-
Off Market
3059 E Arm Rd, Ely, MN 55731
0.05
$649,900
2
1
858
Off Market
E Arm Rd, Ely, MN 55731
0.08
-
-
-
-
Off Market
3126 Fireside Dr, Ely, MN 55731
0.09
$416,800
Studio
-
-
Off Market
3065 E Arm Rd, Ely, MN 55731
0.11
$1,274,900
6
2.5
3,124
Off Market
3065 E Arm Rd, Ely, MN 55731
0.11
$378,400
Studio
-
-
Off Market
3039 Echo Trl, Ely, MN 55731
0.12
$416,900
1
1
572
Off Market
3127 Fireside Dr, Ely, MN 55731
0.16
-
4
2
1,140
Off Market
3127 Fireside Dr, Ely, MN 55731
0.16
$563,200
1
3
389
Off Market
1756 Echo Trl, Ely, MN 55731
0.17
$820,900
3
2
1,144
Off Market
1758 Echo Trl, Ely, MN 55731
0.20
$628,700
2
-
360
Off Market
1772 Echo Trl, Ely, MN 55731
0.21
$233,200
3
1
1,200
Off Market
1999 Somero Rd, Ely, MN 55731
0.23
$1,590,300
2
2
1,128
Off Market
Echo Trl #35, Ely, MN 55731
0.23
-
-
-
-
Off Market
Echo Trl, Ely, MN 55731
0.23
$145,600
1
-
384
Off Market
140 S 2nd Ave W #143, Ely, MN 55731
0.24
$183,400
2
1
654
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 1997
1.98 acre lot
4,980 sqft
$365/sqft
3 Car Garage

About this House

What's unique:Flat yardPrivate dockRemodeled main floor interiorFinnish saunaWestward viewGolden sunsets
Nestled gracefully along the shores of Burntside Lake, this property merges luxury with the untamed beauty of the Northwoods. The meticulously crafted log home boasts main level living with plenty of additional space to host family or guests. The home showcases a generous wrap-around deck & patio that seamlessly transitions to indoor spaces, ideal for both intimate evenings & grand gatherings. With its westward view, evenings are bathed in golden sunsets with the calls of loons echoing across the waters. At the water's edge, you'll find a Finnish sauna, 150 feet of shoreline, a sandy beach, a pristine lake bottom & a private dock. Sunlight illuminates the remodeled main floor interior, the mature red & white pine trees, gardens & the flat yard, creating the perfect setting for lasting memories. Situated just off the Echo Trail and a quick 13-minute drive to the charming town of Ely, it’s a retreat like no other!
3061 E Arm Rd, Ely, MN 55731 is a 4 bedroom, 4 bathroom, 4,980 sqft single-family home built in 1997. It last sold for $1,750,000 on Aug 5, 2024 (8% below the $1,899,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,818,400, with a rent estimate of $4,013/month.
Last check for updates: about 4 hours ago
Listed by Abby Andrusko, (612) 581-7787
Keller Williams Realty Integrity Lakes
Bought with: NON-RMLS, Non-MLS
Source: NorthstarMLS as distributed by MLS GRID, MLS#6537958

Home Details for 3061 E Arm Rd

Interior Features

Interior Details
Basement: Daylight,Finished,Full,Concrete,Storage Space,Walk-Out AccessNumber of Rooms: 14Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Bar Wet Bar Room, Dining Room, Family Room, Flex Room, Kitchen, Kitchen 2 Nd, Library, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4980 Square FeetFoundation Area: 2066
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Wine CoolerDishwasherDisposalDryerLaundry: Electric Dryer Hookup,Laundry Room,Main Level,Washer HookupRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Forced Air,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Electric, Family Room, Living Room, Stone, Wood Burning
Gas & Electric
Electric: Circuit Breakers, 100 Amp ServiceGas: Electric, Propane
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
Has a ViewView: Lake, South, West

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or Less AsphaltFencing: NoneOther Structures: Garage(s), Sauna, Storage ShedFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Dimensions (24x35)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Covered,Detached Garage,Gravel,Asphalt,Garage Door Opener,Guest,Storage
Pool
Pool: None
Frontage
WaterfrontWaterfront: Lake Front, Lake Bottom(Rocky, Sand)Road Frontage: No Outlet/Dead End, Private Road, UnimprovedRoad Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Holding Tank, Mound Septic
Farm & Range
Frontage Length: Water Frontage: 150
Finished Area
Finished Area (above surface): 3190 Square FeetFinished Area (below surface): 1790 Square Feet

Days on Market

Cumulative Days on Market: 215

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 465020000060

Price & Status

Price
List Price: $1,899,000
Status Change & Dates
Off Market Date: Mon Jul 01 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: ElyCommunity: Petes Burntside Park Town Of Morse
School Information
High School District: Ely

Building

Building Area
Building Area: 4980 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.98 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6537958Water ViewWater View: LakeAbove Grade Unfinished Area: 3190

Price and Tax history

DateEventPrice
Aug 5, 2024
Source: NorthstarMLS as distributed by MLS GRID #6537958
Sold
$1,750,000
Jul 1, 2024
Source: NorthstarMLS as distributed by MLS GRID #6537958
Pending
$1,899,000
May 16, 2024
Source: NorthstarMLS as distributed by MLS GRID #6537958
Listed For Sale
$1,899,000
May 15, 2024
Source: NorthstarMLS as distributed by MLS GRID #6459519
ListingRemoved
Dec 27, 2023
Source: NorthstarMLS as distributed by MLS GRID #6459519
Listed For Sale
$2,000,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

Around this home

What Locals Say about Ely

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 80% say there's holiday spirit
  • 75% say there are sidewalks
  • 72% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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

Based on information submitted to the MLS GRID as of 2026-10-11 09:58:24 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
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Frequently asked questions about 3061 E Arm Rd

  • What is 3061 E Arm Rd estimated to be worth?
    Trulia's estimated value for 3061 E Arm Rd in Ely, MN is $1,818,400.
  • What is the price history for 3061 E Arm Rd?
    3061 E Arm Rd 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 E Arm Rd have air conditioning?
    Yes, 3061 E Arm Rd in Ely, MN has air conditioning.
  • Does 3061 E Arm Rd have laundry facilities?
    Yes, 3061 E Arm Rd in Ely, MN has in-unit laundry.

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