3501 Lake Four Rd E, Ely, MN 55731
OFF MARKET

$453,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,586 sqft (on 10.50 acres)

3501 Lake Four Rd E, Ely, MN 55731

Est. Refi. Payment $2,960/mo*
Refinance Your Home
Currently Off Market - Sold Aug 1, 2018 for $300,000

Home Value

Trulia Estimate
$453K
Since last month
Decreased$5K (-1.2%)
Since last year
Decreased$10K (-2.2%)
Since last sale
Increased$153K (+51.1%)
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 +49% in the last 10 years
MonthEstimated value
2026
September 2026$453K
August 2026$459K
July 2026$468K
June 2026$469K
May 2026$464K
April 2026$450K
March 2026$435K
February 2026$428K
January 2026$426K
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
1675 Bradach Rd, Ely, MN
1.37
Single-Family Home
$780,000
08/12/26
3
2
1,916
1346 Bear Head State Park Rd, Ely, MN
0.56
Single-Family Home
$140,000
04/13/26
1
-
288
3806 Dorem Dr, Ely, MN
1.72
Single-Family Home
$250,000
07/24/26
2
1
720
3819 Dorem Dr, Ely, MN
1.77
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
1859 Bobence Rd, Ely, MN
1.95
Single-Family Home
$420,000
06/22/26
3
3
1,532
1739 Bear Head State Park Rd, Ely, MN
2.23
Single-Family Home
$265,000
06/09/26
2
1
1,346
3772 Rustic Wood Rd, Ely, MN
1.38
Single-Family Home
$131,666
02/23/26
2
1
740
1531 Bear Head State Park Rd, Ely, MN
2.03
Single-Family Home
$335,000
07/17/26
1
1
1,056
1755 Bradach Rd, Ely, MN
1.66
Single-Family Home
$260,000
07/08/26
1
1
694
3810 Mud Creek Rd, Ely, MN
2.44
Single-Family Home
$110,000
05/06/26
2
-
840

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
3501 E Lake Four Rd, Ely, MN 55731
0.01
$521,900
3
2
1,586
Off Market
- W Lake Four Rd, Ely, MN 55731
0.49
-
-
-
-
Off Market
Lake Four Rd, Ely, MN 55731
0.51
-
-
-
-
Off Market
3596 Lake Four Rd W, Ely, MN 55731
0.52
-
-
-
-
Off Market
1346 Bear Head State Park Rd, Ely, MN 55731
0.56
$140,000
1
-
288
Recently Sold
xxx Camp Lake Rd, Ely, MN 55731
0.56
-
-
-
-
Off Market
1675 Bradach Rd, Ely, MN 55731
1.37
$780,000
3
2
1,916
Recently Sold
1711 Bradach Rd, Ely, MN 55731
1.45
$415,700
3
2
1,296
Off Market

Local Information

  • Map ViewExplore the area around 3501 Lake Four Rd E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1969
10.5 acre lot
1,586 sqft
$286/sqft
Garage

About this House

This single-family home is located at 3501 Lake Four Rd E, Ely, MN. 3501 Lake Four Rd E is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms, 2 bathrooms and approximately 1,586 sqft of floor space. This property has a lot size of 10.50 acres and was built in 1969.
3501 Lake Four Rd E, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,586 sqft single-family home built in 1969. It last sold for $300,000 on Aug 1, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $453,200, with a rent estimate of $2,022/month.

Home Details for 3501 Lake Four Rd E

Interior Features

Interior Details
BasementAdditional StorageTypes of Rooms: Dining Room, Family RoomStorage
Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood, BrickFoundation Type: Piers
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 10.50 acres

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Aug 1, 2018
Source: N/A
Sold
$300,000
Jul 3, 2018
Source: Agent Provided
Pending
$369,500
Dec 2, 2017
Source: Agent Provided
PriceChange
$369,500
Price decreased by 1%
Dec 26, 2016
Source: Agent Provided
Listed For Sale
$374,500
Nov 1, 2016
Source: Agent Provided
ListingRemoved
$325,000

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

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 3501 Lake Four Rd E

  • What is 3501 Lake Four Rd E estimated to be worth?
    Trulia's estimated value for 3501 Lake Four Rd E in Ely, MN is $453,200.
  • What is the price history for 3501 Lake Four Rd E?
    3501 Lake Four Rd E in Ely, MN last sold for $300,000 in August 2018.
  • 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 3501 Lake Four Rd E have air conditioning?
    Yes, 3501 Lake Four Rd E in Ely, MN has air conditioning.
  • How big is the lot at 3501 Lake Four Rd E?
    The lot at 3501 Lake Four Rd E in Ely, MN is about 10.5 acres.

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