40 Allaire St, Ely, MN 55731
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Property image
OFF MARKET

40 Allaire St
Ely, MN 55731

    (on 0.97 acres)

    Local Information

    • Map ViewExplore the area around 40 Allaire St.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    0.97 acres
    Parking
    Open Parking

    About this House

    Nearly an acre of wooded land in the City of Ely, near the golf course. Parcel has very nice tree cover, rolling hills, and a gorgeous view into the valley below! There is a hill in the middle of the parcel with the highest point closer to Allaire St and then running downhill to the west. The building site will be created by excavating the top of the hill closest to Allaire and making a level site with possibly a walkout basement going out to the west into the valley. Great location! Great place to build a new home with privacy in Ely!
    40 Allaire St, Ely, MN 55731 is a lot/land. It last sold for $18,000 on Dec 1, 2023 (36% below the $28,000 asking price). It is currently off market. The Trulia Estimate rent is $1,238/month.

    Home Details for 40 Allaire St

    Interior Features

    Appliances & Utilities
    Utilities: City Sewer, City Water, Electricity Available
    Gas & Electric
    Electric: City Of Ely
    View
    Has a ViewView: Panoramic

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Parking & Garage
    Has Open ParkingParking: Off Street
    Frontage
    Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront

    Days on Market

    Cumulative Days on Market: 21

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 030007200672

    Price & Status

    Price
    List Price: $28,000
    Status Change & Dates
    Off Market Date: Tue Nov 14 2023Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: Ely #696

    HOA

    No HOA

    Lot Information

    Lot Area: 0.97 acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6111218Attribution Contact: ***
    Last check for updates: about 13 hours ago
    Listed by Jeff Hway, (218) 349-0906
    Bear Island Realty LLC
    Zachary Hway, (651) 341-0383
    Bear Island Realty LLC
    Bought with: Beth A Ohlhauser, (218) 235-1676, Bear Island Realty LLC
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6111218

    Price History for 40 Allaire St

    DatePriceEventSource
    12/01/2023$18,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #6111218
    11/16/2023$28,000PendingLake Superior Area Realtors as distributed by MLS GRID #6111218
    10/25/2023$28,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6111218

    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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    Comparable Sales for 40 Allaire St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1317 N Pioneer Rd, Ely, MN
    1.59
    Lot/Land
    $270,000
    06/05/26
    -
    -
    2120 Sibley Dr, Ely, MN
    1.98
    Lot/Land
    $39,000
    07/29/26
    -
    -
    1322 N 18th Ave E, Ely, MN
    1.93
    Lot/Land
    $40,000
    01/21/26
    -
    -
    2128 and 2136 Sibley Court, Ely, MN
    2.05
    Lot/Land
    $38,900
    10/23/25
    -
    -
    2125 Sibley Court, Ely, MN
    2.02
    Lot/Land
    $490,000
    05/27/26
    -
    -
    XXX Highway 169, Ely, MN
    2.05
    Lot/Land
    $75,000
    01/09/26
    -
    -
    Xxx Grant McMahan Blvd, Ely, MN
    2.80
    Lot/Land
    $375,000
    08/29/25
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    3.39
    Lot/Land
    $52,900
    12/05/25
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 40 Allaire St.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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 . "
      7
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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. "
      0
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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."
      0
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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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    Off Market Homes Near 40 Allaire St

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    Frequently asked questions about 40 Allaire St

    • What is the price history for 40 Allaire St?
      40 Allaire St in Ely, MN last sold for $18,000 in December 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.
    • What are the closest schools to 40 Allaire St?
      The closest schools to 40 Allaire St in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
    Based on information submitted to the MLS GRID as of 2026-08-10 13:27:16 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