3732 Hwy 169, Ely, MN 55731
Property image
Property image
SOLD
DEC 5, 2025

3732 Hwy 169
Ely, MN 55731

    $290,000

    Last Sold: Dec 5, 2025
    3% below list $299K
    Est. Refi. Payment $1,787/mo*
    Refinance Your Home

    $290,000

    Last Sold: Dec 5, 2025
    3% below list $299K
    Est. Refi. Payment $1,787/mo*
    Refinance Your Home
    (on 6.20 acres)

    Local Information

    • Map ViewExplore the area around 3732 Hwy 169.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    6.2 acres

    About this House

    Enjoy over 6 acres of pristine land on beautiful Armstrong Lake, featuring 230 feet of private shoreline. A cleared building site sits elevated from the lake, offering stunning views and added privacy, with a well-maintained trail leading directly to the water’s edge. The building site is ready to go — complete with a 3-bedroom septic system, a well, electricity, a Menards canopy storage shelter, and a charming 12x16 detached sunroom perfect for relaxing or entertaining. This versatile property is ready for your dream build, whether it’s a home, cabin, or simply a getaway retreat. There’s also a travel trailer currently on-site that can be purchased separately. With the convenience of being just off Hwy 169, don’t let concerns about highway noise deter you — the property slopes downward and is buffered by land and trees, effectively eliminating any nuisance noise. Don’t miss this rare opportunity to create your ideal lakefront escape!
    3732 Hwy 169, Ely, MN 55731 is a lot/land. It last sold for $290,000 on Dec 5, 2025 (3% below the $299,000 asking price). It is currently off market. The Trulia Estimate rent is $1,960/month.

    Home Details for 3732 Hwy 169

    Interior Features

    Gas & Electric
    Electric: Lake Country PowerHas Electric on Property
    View
    No View

    Exterior Features

    Exterior Home Features
    Other Structures: Gazebo
    Parking & Garage
    Parking: Gravel
    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)Road Frontage: Private Road, HighwayOn Waterfront
    Water & Sewer
    Water Body: Armstrong
    Farm & Range
    Frontage Length: 230

    Days on Market

    Cumulative Days on Market: 102

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 317016600010

    Price & Status

    Price
    List Price: $299,000
    Status Change & Dates
    Off Market Date: Fri Oct 17 2025Possession Timing: Close Of Escrow

    Active Status

    MLS Status: SOLD

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: St. Louis County #2142

    HOA

    No HOA

    Lot Information

    Lot Area: 6.2 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6120533Attribution Contact: ***
    Last check for updates: about 6 hours ago
    Listed by Julian Rasmusson, (651) 270-8911
    Z' Up North Realty
    Bought with: Julian Rasmusson, (651) 270-8911, Z' Up North Realty
    Co-Buyer's Agent: Andrea Zupancich, (218) 749-0159
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6120533

    Price History for 3732 Hwy 169

    DatePriceEventSource
    12/05/2025$290,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #6120533
    10/17/2025$299,000PendingLake Superior Area Realtors as distributed by MLS GRID #6120533
    07/07/2025$299,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6120533
    12/21/2015$3,400Sold
    N/A
    04/07/2010$115,000Sold
    N/A

    Market trends in Ely

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    96
    16    MoM
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    Property Tax and Assessment

    Year2024
    Tax$1,644
    Assessment$180,600
    Home facts updated by county records

    Comparable Sales for 3732 Hwy 169

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    TBD Moose Creek Tr, Ely, MN
    0.76
    Lot/Land
    $100,000
    04/01/26
    -
    -
    1361 Peninsula Rd, Ely, MN
    2.60
    Lot/Land
    $325,000
    08/21/25
    -
    -
    TBD Moose Junction Tr, Ely, MN
    3.18
    Lot/Land
    $51,000
    12/15/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    3.75
    Lot/Land
    $250,000
    10/09/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    3.78
    Lot/Land
    $275,000
    10/09/25
    -
    -
    TBD Migisi Rd, Ely, MN
    3.93
    Lot/Land
    $133,000
    09/04/25
    -
    -
    TBD Highway 169, Ely, MN
    4.92
    Lot/Land
    $34,000
    12/15/25
    -
    -
    TBD Burntside Lake Island, Ely, MN
    5.55
    Lot/Land
    $175,000
    06/18/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 3732 Hwy 169.

    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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    Apartments for Rent

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    Homes for sale near 3732 Hwy 169

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    Off Market Homes Near 3732 Hwy 169

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    Frequently asked questions about 3732 Hwy 169

    • What is the price history for 3732 Hwy 169?
      3732 Hwy 169 in Ely, MN last sold for $290,000 in December 2025.
    • 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 3732 Hwy 169?
      The closest schools to 3732 Hwy 169 in Ely, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
    Based on information submitted to the MLS GRID as of 2026-08-08 01:12:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information