386 Garden Lake Rd, Ely, MN 55731
Property image
Property image
SOLD
DEC 8, 2025

$428,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,281 sqft (on 5.02 acres)

386 Garden Lake Rd, Ely, MN 55731

Est. Refi. Payment $2,747/mo*
Refinance Your Home
Currently Off Market - Sold Dec 8, 2025 for $419,000

Home Value

Trulia Estimate
$429K
Since last month
Decreased$5K (-1%)
Since last year
Increased$1K (+0.3%)
Since last sale
Increased$7K (+1.6%)
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 +141% in the last 10 years
MonthEstimated value
2026
September 2026$426K
August 2026$428K
July 2026$430K
June 2026$426K
May 2026$428K
April 2026$422K
March 2026$418K
February 2026$419K
January 2026$420K
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
13462 Villa Rd, Ely, MN
0.98
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
540 Loop Rd, Ely, MN
1.25
Single-Family Home
$710,000
02/06/26
3
2
3,160
13359 Villa Rd, Ely, MN
1.29
Single-Family Home
$475,000
08/24/26
3
1.5
1,248
13464 Chestnut Dr, Ely, MN
1.06
Single-Family Home
$210,000
07/27/26
2
1
1,215
13496 Pine Rd #10, Ely, MN
1.12
Single-Family Home
$370,000
10/01/25
4
2.5
1,175
632 Voyageur Rd, Ely, MN
1.60
Single-Family Home
$475,000
08/28/26
2
1
1,335
413 Sunset Rd, Ely, MN
2.02
Single-Family Home
$519,000
07/31/26
3
2
1,320
13408 Black Bear Tr, Ely, MN
1.62
Single-Family Home
$210,000
09/25/25
2
1
614
631 Circle Dr, Ely, MN
2.12
Single-Family Home
$805,000
01/16/26
3
2.5
2,373

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
xxx S Luc Rd, Ely, MN 55731
0.26
-
-
-
-
Off Market
TBD Garden Lake Rd, Ely, MN 55731
0.30
-
-
-
-
Off Market
13726 S Luc Rd, Ely, MN 55731
0.44
-
-
-
-
Off Market
TBD Luc Rd, Ely, MN 55731
0.52
-
-
-
-
Off Market
0 Luc Road Luc Rd, Ely, MN 55731
0.59
-
-
-
-
Off Market
13775 Luc Rd, Ely, MN 55731
0.69
$172,700
Studio
-
368
Off Market
- S Luc Rd, Ely, MN 55731
0.69
-
-
-
-
Off Market
XX Sellwood Rd, Ely, MN 55731
0.67
$2,400,000
-
-
-
For Sale
TBD Fernberg Rd, Ely, MN 55731
0.72
-
-
-
-
Off Market
xxx Farm Lake, Ely, MN 55731
0.77
-
-
-
-
Off Market
xxx Farm Lake, Ely, MN 55731
0.77
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 386 Garden Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1995
5.02 acre lot
2,281 sqft
$184/sqft
Garage

About this House

Surrounded by a lush forest of pines and ferns, this beautifully updated home offers the perfect blend of privacy and modern comfort. The kitchen features stainless steel appliances—including refrigerator, dishwasher, built-in oven, and stovetop with stainless hood—plus a center island, open shelving, pantry closet, and wood flooring. Large, sun-filled windows bring the outdoors in, creating a bright and welcoming space. The cozy great room features a new wood-burning stove and opens to a massive deck overlooking the forest—perfect for relaxing or entertaining. The main floor includes a bedroom and bath, while the spacious loft has been recently upgraded with added insulation, tongue-and-groove pine, and new carpet for year-round comfort. The finished lower level offers a master suite with walk-in closet and bath, a bonus room ideal for an office or reading nook, and a large mudroom with outside entry and abundant storage. Outbuildings include a single-stall garage with workshop area, heat, insulation, and an upper storage room with exterior access, plus a two-car garage with additional storage and a woodshed. The outdoor wood boiler provides an efficient heating option, and all buildings feature steel roofing. Trails wind through the property for walking or skiing, and the land adjoins State of Minnesota property for even more outdoor exploration. Newly planted apple trees add to the charm of this peaceful retreat—all just 5± minutes from Ely and area lakes.
386 Garden Lake Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 2,281 sqft single-family home built in 1995. It last sold for the $419,000 asking price on Dec 8, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $428,500, with a rent estimate of $2,595/month.
Last check for updates: about 3 hours ago
Listed by Lori Schulze, (218) 343-1787
Keller Williams Classic Realty NW - Ely
Heather Franciskovich, (218) 235-3895
Keller Williams Classic Realty NW - Ely
Bought with: Chad Davis, (218) 235-3962, Canoe Capital Realty, LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6122820

Home Details for 386 Garden Lake Rd

Interior Features

Interior Details
Basement: Full,Finished,Walkout,Bath,Bedrooms,Den/Office,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom, Bonus Room, Dining Room, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2281 Square FeetFoundation Area: 988
Appliances & Utilities
Appliances: Water Heater-Electric, Water Softener-OwnedLaundry: Dryer Hook-Ups,Washer Hookup
Heating & Cooling
Heating: Boiler,Dual Fuel/Off Peak,In Floor Heat,Hot Water,Wood,Propane,ElectricHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Free StandingHas a Fireplace
Gas & Electric
Electric: Minnesota Power
Windows, Doors, Floors & Walls
Flooring: Hardwood Floors, Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors, Tiled Floors
View
No View

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckOther Structures: Storage Shed, Workshop, OtherFoundation: Wood
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Gravel,Detached,Multiple,Heat,Insulation
Frontage
Road Frontage: County RoadRoad Surface Type: UnimprovedNot on Waterfront
Water & Sewer
Sewer: Private Sewer, Mound Septic
Finished Area
Finished Area (above surface): 1293 Square FeetFinished Area (below surface): 988 Square Feet

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1995
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 28631129285

Price & Status

Price
List Price: $419,000Price Per Sqft: $184/sqft
Status Change & Dates
Off Market Date: Mon Nov 10 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Lake Superior #381

HOA

No HOA

Lot Information

Lot Area: 5.02 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6122820Attribution Contact: ***Above Grade Unfinished Area: 1293

Price and Tax history

DateEventPrice
Dec 8, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122820
Sold
$419,000
Nov 10, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122820
Pending
$419,000
Nov 6, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122820
Listed For Sale
$419,000
Sep 2, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103879
Sold
$369,000
Jul 6, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103879
Pending
$369,000

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
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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 . "
    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

Based on information submitted to the MLS GRID as of 2026-09-15 13:37:21 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

Frequently asked questions about 386 Garden Lake Rd

  • What is 386 Garden Lake Rd estimated to be worth?
    Trulia's estimated value for 386 Garden Lake Rd in Ely, MN is $428,500.
  • What is the price history for 386 Garden Lake Rd?
    386 Garden Lake Rd in Ely, MN last sold for $419,000 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.
  • Does 386 Garden Lake Rd have laundry facilities?
    Yes, 386 Garden Lake Rd in Ely, MN has laundry facilities.
  • How big is the lot at 386 Garden Lake Rd?
    The lot at 386 Garden Lake Rd in Ely, MN is about 5 acres.

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