3101 Nickel Is, Ely, MN 55731
OFF MARKET

3101 Nickel Is
Ely, MN 55731

  • 2 Beds
  • 793 sqft (on 1 acre)

$424,200

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $2,625/mo*
Refinance Your Home

$424,200

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $2,625/mo*
Refinance Your Home
2 Beds
793 sqft
(on 1 acre)

Home Value

Trulia Estimate
$424K
Since last month
Decreased$6K (-1.3%)
Since last year
Increased$35K (+8.8%)
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 0% in the last 10 years
MonthEstimated value
2026
August 2026$431K
July 2026$437K
June 2026$431K
May 2026$408K
April 2026$390K
March 2026$389K
February 2026$383K
January 2026$375K
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
2796 Clayton Rd, Ely, MN
2.91
Single-Family Home
$665,000
01/30/26
3
2
1,296
3422 North Arm Rd, Ely, MN
2.49
Single-Family Home
$1,075,000
02/13/26
3
2
2,862
2375 Visti Point Rd, Ely, MN
2.99
Single-Family Home
$900,000
04/24/26
3
2
1,488
2375 Viste Point Rd, Ely, MN
2.99
Single-Family Home
$900,000
04/01/26
3
2
2,706
2230 Passi Rd, Ely, MN
4.47
Single-Family Home
$600,000
07/23/26
2
1
1,008
2102 Twin Lakes Rd, Ely, MN
4.82
Single-Family Home
$109,864
12/29/25
3
2
2,172
2263 Longstorff Rd, Ely, MN
5.03
Single-Family Home
$510,000
10/06/25
3
2
1,581
2151 Echo Tr, Ely, MN
5.05
Single-Family Home
$135,000
12/05/25
1
-
480
1859 Bobence Rd, Ely, MN
5.97
Single-Family Home
$420,000
06/22/26
3
3
1,532
3784 Fenske Lake Rd Unit 5, Ely, MN
6.20
Single-Family Home
$310,000
06/12/26
2
2
967

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
TBD Burntside Lake Island, Ely, MN 55731
0.96
$175,000
-
-
-
Recently Sold
2928 Waters Island, Ely, MN 55731
0.96
$2,450,000
6
3.5
2,146
For Sale
Lot 5 Burntside Lake Island, Ely, MN 55731
1.01
$500,300
2
-
-
Off Market
3237 Burntside Lake NW, Ely, MN 55731
1.02
$800,500
3
2
1,872
Off Market
X Waters Island, Ely, MN 55731
1.04
$1,585,000
6
3.5
2,146
For Sale
TBD Waters Island, Ely, MN 55731
1.12
$945,000
-
-
-
For Sale
2740 Glendaloch Rd, Ely, MN 55731
1.21
$1,024,500
3
2
2,280
Off Market
2889 Waters Is, Ely, MN 55731
1.33
$1,490,000
3
1
1,122
For Sale
2969 Van Vac Rd, Ely, MN 55731
1.39
-
-
-
-
Off Market
xxx Cramer Rd, Ely, MN 55731
1.41
-
1
1
168
Off Market

Local Information

  • Map ViewExplore the area around 3101 Nickel Is.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1927
Lot Size
1 acre
Living Area
793 sqft
Price/Sqft
$535

About this House

This single-family home is located at 3101 Nickel Is, Ely, MN. 3101 Nickel Is is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms and approximately 793 sqft of floor space. This property has a lot size of 1 acre and was built in 1927.
3101 Nickel Is, Ely, MN 55731 is a 2 bedroom, 793 sqft single-family home built in 1927. It is currently off market. The Trulia Estimate is $424,200, with a rent estimate of $1,307/month.

Home Details for 3101 Nickel Is

Interior Features

Interior Details
BasementIn-law unit
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1927
Property Type / Style
Property Type: Single Family HomeArchitecture: Log Cabin/Rustic

Exterior Features

Exterior Home Features
Exterior: Wood

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Building

Pool
Sauna

Price and Tax history

YearProperty taxTax assessment
2024
$3,612
$398,100
Home facts updated by county records

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
2MoM

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. "
    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

Frequently asked questions about 3101 Nickel Is

  • What is 3101 Nickel Is estimated to be worth?
    Trulia's estimated value for 3101 Nickel Is in Ely, MN is $424,200.
  • 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 3101 Nickel Is?
    The closest schools to 3101 Nickel Is in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
  • How big is the lot at 3101 Nickel Is?
    The lot at 3101 Nickel Is in Ely, MN is about 1 acre.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 3101 Nickel Is

Skip to last item
Skip to first item

Homes for sale near 3101 Nickel Is

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item