3098 Wolf Lake Rd, Ely, MN 55731
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Property image
OFF MARKET

3098 Wolf Lake Rd
Ely, MN 55731

    (on 31.20 acres)

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    TBD Highway 169, Ely, MN
    1.50
    Lot/Land
    $34,000
    12/15/25
    -
    -
    TBD Moose Junction Tr, Ely, MN
    2.07
    Lot/Land
    $51,000
    12/15/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    2.07
    Lot/Land
    $250,000
    10/09/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    2.11
    Lot/Land
    $275,000
    10/09/25
    -
    -
    TBD Burntside Lake Island, Ely, MN
    2.34
    Lot/Land
    $175,000
    06/18/26
    -
    -
    TBD Moose Creek Tr, Ely, MN
    3.39
    Lot/Land
    $100,000
    04/01/26
    -
    -
    Xxx Grant McMahan Blvd, Ely, MN
    3.77
    Lot/Land
    $375,000
    08/29/25
    -
    -
    3732 Hwy 169, Ely, MN
    4.14
    Lot/Land
    $290,000
    12/05/25
    -
    -
    XXX Highway 169, Ely, MN
    4.52
    Lot/Land
    $75,000
    01/09/26
    -
    -

    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
    xxx Wolf Lake Rd, Ely, MN 55731
    0.19
    -
    -
    -
    -
    Off Market
    TBD Wolf Lake Rd, Ely, MN 55731
    0.27
    -
    -
    -
    -
    Off Market
    TBD Wolf Lake Rd, Ely, MN 55731
    0.45
    -
    -
    -
    -
    Off Market
    3168 Wolf Lake Rd, Ely, MN 55731
    0.59
    -
    -
    -
    -
    Off Market
    Wolf Lake Rd, Ely, MN 55731
    0.63
    -
    -
    -
    -
    Off Market
    3231 Wolf Lake Rd, Ely, MN 55731
    0.76
    $3,591,300
    5
    5
    5,250
    Off Market
    2375 Viste Point Rd, Ely, MN 55731
    0.82
    $900,000
    3
    2
    2,706
    Recently Sold
    XXX Wolf Lake Rd, Ely, MN 55731
    0.86
    -
    -
    -
    -
    Off Market
    Parcel A Van Vac Rd, Ely, MN 55731
    0.99
    -
    -
    -
    -
    Off Market
    xxx Wolf Lake Rd, Ely, MN 55731
    1.00
    -
    -
    -
    -
    Off Market
    3297 Aspen Ln, Ely, MN 55731
    1.15
    $224,000
    3
    1
    560
    For Sale

    Local Information

    • Map ViewExplore the area around 3098 Wolf Lake Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    31.2 acres
    Parking
    Open Parking

    About this House

    WOLF LAKE AREA: Blacktop access to 31.20 Acres overlooking the Burntside River valley and the Wolf Rearing Ponds. This gravel parcel is adjacent to state land and is mostly covered with old growth forest. Private drive leads up to a custom 1,116SF rustic hand hewn log cabin w/ timber frame upper levels that was built in 1987. This cabin has a poured concrete foundation w/stone face, wood stove, some finishing materials and is awaiting your personal finishing touches. There is no Well, No Septic, nor Electricity run to the cabin.
    3098 Wolf Lake Rd, Ely, MN 55731 is a lot/land. It last sold for the $155,000 asking price on Aug 22, 2023. It is currently off market. The Trulia Estimate rent is $1,112/month.

    Home Details for 3098 Wolf Lake Rd

    Interior Features

    Appliances & Utilities
    Utilities: None

    Exterior Features

    Parking & Garage
    Has Open ParkingParking: Driveway
    Frontage
    Waterfront: 0 - NoneNot on Waterfront
    Surface & Elevation
    Topography: Hilly

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Residential
    Building
    Has Additional Parcels
    Property Information
    Parcel Number: 465004005340 & 05350Additional Parcels Description: 05350

    Price & Status

    Price
    List Price: $155,000
    Status Change & Dates
    Possession Timing: Closing

    Active Status

    MLS Status: Sold In House

    Location

    Direction & Address
    City: Ely
    School Information
    Elementary School District: ElyJr High / Middle School District: ElyHigh School District: Ely

    Lot Information

    Lot Area: 31.2 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 145032
    Last check for updates: about 1 hour ago
    Listed by Stuart Johansen
    Northland Realty
    Bought with: Northland Realty
    Source: Range AOR, MLS#145032

    Price and Tax history

    DateEventPrice
    Aug 22, 2023
    Source: Range AOR #145032
    		Sold
    $155,000
    Jul 10, 2023
    Source: Range AOR #145032
    		Contingent
    $155,000
    Jun 30, 2023
    Source: Range AOR #145032
    		PriceChange
    $155,000
    Price decreased by 14%
    May 20, 2023
    Source: Range AOR #145032
    		Listed For Sale
    $179,900
    Jan 1, 2023
    Source: Range AOR #144367
    		ListingRemoved

    Market trends in Ely

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    98
    2    MoM
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    Around this home

    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 . "
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    • 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. "
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    • 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
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    • 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."
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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."
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    Homes for sale near 3098 Wolf Lake Rd

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    Off Market Homes Near 3098 Wolf Lake Rd

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    Frequently asked questions about 3098 Wolf Lake Rd

    • What is the price history for 3098 Wolf Lake Rd?
      3098 Wolf Lake Rd in Ely, MN last sold for $155,000 in August 2023.
    • 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.
    • What are the closest schools to 3098 Wolf Lake Rd?
      The closest schools to 3098 Wolf Lake Rd in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.