3073 Pelo Ln, Ely, MN 55731
OFF MARKET

3073 Pelo Ln
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 663 sqft (on 2.30 acres)

$454,600

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,757/mo*
Refinance Your Home

$454,600

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,757/mo*
Refinance Your Home
2 Beds
1 Bath
663 sqft
(on 2.30 acres)

Local Information

  • Map ViewExplore the area around 3073 Pelo Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1985
Lot Size
2.3 acres
Living Area
663 sqft
Price/Sqft
$686

About this House

This single-family home is located at 3073 Pelo Ln, Ely, MN. 3073 Pelo Ln is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 1 bathroom and approximately 663 sqft of floor space. This property has a lot size of 2.30 acres and was built in 1985.
3073 Pelo Ln, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 663 sqft single-family home built in 1985. It last sold for $420,000 on Oct 14, 2022. It is currently off market. The Trulia Estimate is $454,600, with a rent estimate of $1,355/month.

Home Details for 3073 Pelo Ln

Interior Features

Interior Details
BasementIn-law unit
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.2000000476837158

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Single Family HomeArchitecture: cabin

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 567

Lot Information

Lot Area: 2.30 acres

Building

Pool
Sauna

Price History for 3073 Pelo Ln

DatePriceEventSource
10/14/2022$420,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6104972
09/19/2022$365,000PendingLake Superior Area Realtors as distributed by MLS GRID #6104972
08/24/2022$365,000ContingentLake Superior Area Realtors as distributed by MLS GRID #6104972
08/16/2022$365,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6104972

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$2,384
Assessment$296,300
Home facts updated by county records

Comparable Sales for 3073 Pelo Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1995 Pine Tree Tr, Ely, MN
0.95
Single-Family Home
$489,400
10/03/25
2
1
911
1883 Lindbeck Rd, Ely, MN
0.31
Single-Family Home
$725,000
01/12/26
4
4
2,628
1475 Echo Tr, Ely, MN
0.89
Single-Family Home
$272,500
06/30/26
1
1
1,160
1984 Grant McMahan Blvd, Ely, MN
1.50
Single-Family Home
$614,000
08/29/25
3
1
912
1984 Grant McMahan Blvd #1984, Ely, MN
1.51
Single-Family Home
$614,000
08/29/25
3
1
912
1918 Pine Tree Tr, Ely, MN
0.56
Single-Family Home
$1,078,500
01/13/26
4
3
4,300
1603 Hanson Rd, Ely, MN
1.94
Single-Family Home
$300,000
06/12/26
3
1
996
1776 Grant McMahan Blvd, Ely, MN
1.66
Single-Family Home
$279,255
08/18/25
1
-
314
1852 Grant McMahan Blvd, Ely, MN
1.79
Single-Family Home
$880,000
05/06/26
3
2
2,460
105 N Klondike Dr, Ely, MN
2.46
Single-Family Home
$875,000
11/21/25
3
2.5
2,187

Nearby homes

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Assigned Schools

These are the assigned schools for 3073 Pelo Ln.
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 3073 Pelo Ln

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Off Market Homes Near 3073 Pelo Ln

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Frequently asked questions about 3073 Pelo Ln

  • What is 3073 Pelo Ln estimated to be worth?
    Trulia's estimated value for 3073 Pelo Ln in Ely, MN is $454,600.
  • What is the price history for 3073 Pelo Ln?
    3073 Pelo Ln in Ely, MN last sold for $420,000 in October 2022.
  • 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.
  • How big is the lot at 3073 Pelo Ln?
    The lot at 3073 Pelo Ln in Ely, MN is about 2.3 acres.