3505 E Lake Four Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$321,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,010 sqft (on 0.70 acres)

3505 E Lake Four Rd, Ely, MN 55731

Est. Refi. Payment $2,154/mo*
Refinance Your Home
Currently Off Market - Sold Aug 13, 2010 for $224,000

Home Value

Trulia Estimate
$322K
Since last month
Decreased$12K (-3.4%)
Since last year
Increased$600 (+0.2%)
Since last sale
Increased$98K (+43.7%)
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 +80% in the last 10 years
MonthEstimated value
2026
September 2026$322K
September 2026$320K
August 2026$333K
July 2026$342K
June 2026$342K
May 2026$339K
April 2026$317K
March 2026$311K
February 2026$308K
January 2026$303K
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
3772 Rustic Wood Rd, Ely, MN
1.33
Single-Family Home
$131,666
02/23/26
2
1
740
1755 Bradach Rd, Ely, MN
1.64
Single-Family Home
$260,000
07/08/26
1
1
694
3806 Dorem Dr, Ely, MN
1.67
Single-Family Home
$250,000
07/24/26
2
1
720
1346 Bear Head State Park Rd, Ely, MN
0.56
Single-Family Home
$140,000
04/13/26
1
-
288
1531 Bear Head State Park Rd, Ely, MN
1.97
Single-Family Home
$335,000
07/17/26
1
1
1,056
1675 Bradach Rd, Ely, MN
1.32
Single-Family Home
$780,000
08/12/26
3
2
1,916
1739 Bear Head State Park Rd, Ely, MN
2.18
Single-Family Home
$265,000
06/09/26
2
1
1,346
1859 Bobence Rd, Ely, MN
1.92
Single-Family Home
$420,000
06/22/26
3
3
1,532
3819 Dorem Dr, Ely, MN
1.72
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
3810 Mud Creek Rd, Ely, MN
2.39
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
3507 E Lake Four Rd, Ely, MN 55731
0.02
-
2
1
1,266
Off Market
3509 E Lake Four Rd, Ely, MN 55731
0.05
$594,000
2
2
2,176
Off Market
3501 Lake Four Rd E, Ely, MN 55731
0.06
$455,300
3
2
1,586
Off Market
3501 E Lake Four Rd, Ely, MN 55731
0.06
$520,100
3
2
1,586
Off Market
3519 E Lake Four Rd, Ely, MN 55731
0.12
$322,400
1
1
600
Off Market
3521 E Lake Four Rd, Ely, MN 55731
0.14
$334,600
2
1
600
Off Market
3525 E Lake Four Rd, Ely, MN 55731
0.18
$473,800
3
2
960
Off Market
3529 E Lake Four Rd, Ely, MN 55731
0.21
$684,700
4
2
896
Off Market
3527 E Lake Four Rd, Ely, MN 55731
0.21
$460,300
2
1
600
Off Market
3617 W Lake Four Rd, Ely, MN 55731
0.33
$588,600
3
1
864
Off Market
3569 E Lake Four Rd, Ely, MN 55731
0.33
$403,700
2
1
768
Off Market
3575 W Lake Four Rd, Ely, MN 55731
0.34
$356,700
2
2
576
Off Market
3615 W Lake Four Rd, Ely, MN 55731
0.35
$361,800
2
1
828
Off Market
3613 W Lake Four Rd, Ely, MN 55731
0.38
$246,200
2
1
480
Off Market
3591 W Lake Four Rd, Ely, MN 55731
0.40
$429,900
3
2
1,768
Off Market
3623 W Lake Four Rd, Ely, MN 55731
0.40
-
Studio
-
-
Off Market
3609 W Lake Four Rd, Ely, MN 55731
0.42
$429,000
2
1
868
Off Market
3597 W Lake Four Rd, Ely, MN 55731
0.42
-
3
1.5
1,120
Off Market
3623 Lake Four Rd W, Ely, MN 55731
0.43
$839,900
3
3
2,924
Off Market
3607 W Lake Four Rd, Ely, MN 55731
0.43
$418,500
2
1
1,040
Off Market

Local Information

  • Map ViewExplore the area around 3505 E Lake Four Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
0.7 acre lot
1,010 sqft
$319/sqft

About this House

Cozy 2 bedroom cabin on Eagles Nest Lake #4 nestled in the woods. 120+/- feet of level shoreline, well wooded with birch, maple and lots of young white pine. Cabin features a roomy living room and dining/kitchen area, with great lake views. Great fishing and swimming from dock. Eagles Nest 4 is a crystal clear water lake. Property also includes a sauna building near the lake and a large 2-stall garage with storage space in the loft. Near the end of a private road. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Phil Hyde
3505 E Lake Four Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,010 sqft single-family home. It last sold for $224,000 on Aug 13, 2010. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $321,900, with a rent estimate of $1,653/month.

Home Details for 3505 E Lake Four Rd

Interior Features

Heating & Cooling
Heating: Forced Air, WoodHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Additional StorageStorage

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: Wood
Parking & Garage
Parking Spaces: 2

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.70 acres

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$239,500
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$239,500
Aug 13, 2010
Source: Lake Superior Area Realtors as distributed by MLS GRID #1404605
Sold
$224,000
Jul 4, 2010
Source: Agent Provided
PriceChange
$239,500
Price decreased by 4%
Mar 21, 2010
Source: Agent Provided
Listed For Sale
$249,500

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 3505 E Lake Four Rd

  • What is 3505 E Lake Four Rd estimated to be worth?
    Trulia's estimated value for 3505 E Lake Four Rd in Ely, MN is $321,900.
  • What is the price history for 3505 E Lake Four Rd?
    3505 E Lake Four Rd in Ely, MN last sold for $224,000 in August 2010.
  • 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 3505 E Lake Four Rd?
    The lot at 3505 E Lake Four Rd in Ely, MN is about 0.70 acres (30,492 sq ft).
  • Does 3505 E Lake Four Rd have parking?
    Yes, 3505 E Lake Four Rd in Ely, MN has on-site parking.

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