3230 Wolf Lake Rd, Ely, MN 55731
OFF MARKET

$287,900

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 750 sqft (on 2 acres)

3230 Wolf Lake Rd, Ely, MN 55731

Est. Refi. Payment $1,935/mo*
Refinance Your Home
Currently Off Market - Sold Mar 15, 2023 for $245,000

Home Value

Trulia Estimate
$288K
Since last month
Decreased$2K (-0.6%)
Since last year
Increased$4K (+1.5%)
Since last sale
Increased$43K (+17.5%)
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 increased by +396% in the last 10 years
MonthEstimated value
2026
September 2026$288K
September 2026$288K
August 2026$290K
July 2026$294K
June 2026$294K
May 2026$292K
April 2026$291K
March 2026$287K
February 2026$280K
January 2026$280K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
2375 Visti Point Rd, Ely, MN
0.36
Single-Family Home
$900,000
04/24/26
3
2
1,488
2375 Viste Point Rd, Ely, MN
0.35
Single-Family Home
$900,000
04/01/26
3
2
2,706
3297 NW Burntside Lake, Ely, MN
2.32
Single-Family Home
$615,000
09/18/26
1
1
800
1755 Bradach Rd, Ely, MN
3.29
Single-Family Home
$260,000
07/08/26
1
1
694
1859 Bobence Rd, Ely, MN
2.95
Single-Family Home
$420,000
06/22/26
3
3
1,532
2102 Twin Lakes Rd, Ely, MN
3.11
Single-Family Home
$109,864
12/29/25
3
2
2,172
3806 Dorem Dr, Ely, MN
4.55
Single-Family Home
$250,000
07/24/26
2
1
720
1739 Bear Head State Park Rd, Ely, MN
4.66
Single-Family Home
$265,000
06/09/26
2
1
1,346
2796 Clayton Rd, Ely, MN
4.09
Single-Family Home
$665,000
01/30/26
3
2
1,296
1675 Bradach Rd, Ely, MN
3.92
Single-Family Home
$780,000
08/12/26
3
2
1,916

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
3242 Wolf Lake Rd, Ely, MN 55731
0.13
$944,500
3
3
2,760
Off Market
3168 Wolf Lake Rd, Ely, MN 55731
0.17
-
-
-
-
Off Market
Wolf Lake Rd, Ely, MN 55731
0.19
-
-
-
-
Off Market
3231 Wolf Lake Rd, Ely, MN 55731
0.23
$3,590,000
5
5
5,250
Off Market
XXX Wolf Lake Rd, Ely, MN 55731
0.27
-
-
-
-
Off Market
3280 Wolf Lake Rd, Ely, MN 55731
0.28
-
-
-
-
Off Market
3044 Harder Cartway Rd, Ely, MN 55731
0.29
$310,900
3
-
480
Off Market
3233 Wolf Lake Rd, Ely, MN 55731
0.30
$1,701,800
4
4
1,497
Off Market
3165 Wolf Lake Rd, Ely, MN 55731
0.31
$689,500
3
2
1,140
Off Market
3098 Harder Cartway Rd, Ely, MN 55731
0.31
$270,400
2
1
876
Off Market
3245 Wolf Lake Rd, Ely, MN 55731
0.32
$1,871,700
5
6
7,750
Off Market
3094 Harder Cartway, Ely, MN 55731
0.32
$385,600
2
1
960
Off Market
3248 Aspen Ln, Ely, MN 55731
0.34
$388,900
3
1
1,152
Off Market
2375 Viste Point Rd, Ely, MN 55731
0.35
$900,000
3
2
2,706
Recently Sold
2375 Visti Point Rd, Ely, MN 55731
0.36
$900,000
3
2
1,488
Recently Sold
3044 Wolf Lake Rd, Tower, MN 55731
0.36
-
-
-
960
Off Market
3278 Wolf Lake Rd, Ely, MN 55731
0.37
$254,300
Studio
-
-
Off Market
3092 Harder Cartway, Gilbert, MN 55731
0.38
$511,800
3
2
1,120
Off Market
3147 Wolf Lake Rd, Ely, MN 55731
0.41
$559,600
3
2
1,761
Off Market
xxx Wolf Lake Rd, Ely, MN 55731
0.41
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 3230 Wolf Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2004
2 acre lot
750 sqft
$384/sqft

About this House

What's unique:High quality materialsDressing roomGenerous kitchenNatural woodworkAntique claw-foot tubClassic log wood-burning sauna
Great home or weekend getaway! 2-stall 24 x 30 garage, insulated and with in-slab electric heat with 24 x 30 apartment on second level with kitchen, hardwood floors, skylights and tongue and groove paneling. Beautiful log sauna building with dressing room. Additional site has been prepped for a home site. Includes new drilled well and very attractive outhouse. Close to public access to Burntside Lake. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Phil Hyde
3230 Wolf Lake Rd, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 750 sqft single-family home built in 2004. It last sold for $245,000 on Mar 15, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $287,900, with a rent estimate of $1,299/month.

Home Details for 3230 Wolf Lake Rd

Interior Features

Heating & Cooling
Heating: WoodAir ConditioningCooling System: CentralHeating Fuel: Wood
Levels, Entrance, & Accessibility
Stories: 1.5

Exterior Features

Exterior Home Features
Roof: MetalExterior: WoodFoundation Type: Piers
Parking & Garage
Parking Spaces: 2

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.00 acres

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Mar 15, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6106430
Sold
$245,000
Jan 26, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6106430
Contingent
$279,900
Nov 29, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6106430
Listed For Sale
$279,900
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$149,500
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$149,500

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

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 3230 Wolf Lake Rd

  • What is 3230 Wolf Lake Rd estimated to be worth?
    Trulia's estimated value for 3230 Wolf Lake Rd in Ely, MN is $287,900.
  • What is the price history for 3230 Wolf Lake Rd?
    3230 Wolf Lake Rd in Ely, MN last sold for $245,000 in March 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.
  • Does 3230 Wolf Lake Rd have air conditioning?
    Yes, 3230 Wolf Lake Rd in Ely, MN has air conditioning.
  • How big is the lot at 3230 Wolf Lake Rd?
    The lot at 3230 Wolf Lake Rd in Ely, MN is about 2 acres.

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