5312 Mud Creek Rd, Ely, MN 55731
OFF MARKET

5312 Mud Creek Rd
Ely, MN 55731

  • 3 Beds
  • 1.5 Baths
  • 2,500 sqft (on 4.25 acres)

$1,074,300

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $6,522/mo*
Refinance Your Home

$1,074,300

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $6,522/mo*
Refinance Your Home
3 Beds
1.5 Baths
2,500 sqft
(on 4.25 acres)

Home Value

Trulia Estimate
$1.07M
Since last month
Decreased$10K (-0.9%)
Since last year
Increased$100K (+10.3%)
Since last sale
Increased$124K (+13.1%)
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 +67% in the last 10 years
MonthEstimated value
2026
August 2026$1.07M
July 2026$1.08M
June 2026$1.08M
May 2026$1.06M
April 2026$1.05M
March 2026$1.03M
February 2026$909K
January 2026$951K
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
5713 Pine Is N, Tower, MN
1.96
Single-Family Home
$310,000
08/29/25
2
1
946
4891 Lake Vermilion N, Tower, MN
2.68
Single-Family Home
$229,000
07/24/26
2
-
1,219
5322 S Ely Island, Tower, MN
2.97
Single-Family Home
$190,000
09/02/25
1
-
434
5262 S Ely Island, Tower, MN
3.08
Single-Family Home
$320,000
08/14/26
2
-
624
5743 Puncher Point Rd, Tower, MN
5.15
Single-Family Home
$1,470,500
05/21/26
3
2.5
2,560

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
5250 Mud Creek Rd, Ely, MN 55731
0.31
$449,500
2
1
825
For Sale
5250 Mud Creek Rd, Tower, MN 55790
0.33
$449,500
2
1
825
For Sale
5327 Pine Is N, Tower, MN 55790
0.42
$325,000
2
1
823
For Sale
5399 Pine Is N, Tower, MN 55790
0.41
$359,000
2
1
1,107
For Sale
5313 N Pine Island, Tower, MN 55790
0.45
$160,500
3
0.5
938
Off Market
TBD Mud Creek Rd, Tower, MN 55790
0.81
-
-
-
-
Off Market
TBD Mud Creek Rd, Tower, MN 55790
0.86
-
-
-
-
Off Market
5497 N Pine Island, Tower, MN 55790
0.87
$749,000
2
1.5
2,008
For Sale
Indian Point Rd, Tower, MN 55790
1.19
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5312 Mud Creek Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1979
Lot Size
4.25 acres
Living Area
2,500 sqft
Price/Sqft
$430
Parking
Garage
HOA
None

About this House

125 FT NATURAL SUGAR SAND BEACH on park-like point at this 3BR-1.5 BA year-round home on 4.25 acres on pristine east end of Lake Vermilion. 425 ft of S and W shorelines and island studded views, 4+ stall 36 X 48 heated/AC garage, towering pines, rock outcroppings, great hunting, & walleye, bass and muskie off your docks. A scenic overlook, private boat launch, boat lift. The sunny home has steel beam, 2 X 6 construction, new two-stage high efficiency Bryant Evolution gas furnace, 5-ton air to air heat pump, UV lights w electronic air cleaner, cathedral ceilings, custom light aspen T-n-G, SS 36" Wolf Duel-Fuel range and custom Sub-Zero fridge/freezer, granite island, huge bay windows, fireplace in MB, tons of space and high ceilings in LL, cheerful perennials, drilled well, Hot Springs hot tub, heated floors in entryway and BA. 1/2 mi to Boundary Waters, snowmobile and bike trails, 30 minutes to Tower or Ely. First-time listing. Enjoy your prime spot on Lake Vermilion.
5312 Mud Creek Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 2,500 sqft single-family home built in 1979. It last sold for $950,000 on Sep 28, 2023 (14% below the $1,100,000 asking price). It is currently off market. The Trulia Estimate is $1,074,300, with a rent estimate of $2,478/month.
Last check for updates: about 11 hours ago
Listed by GREG PERRELLA, (218) 969-1411
PERRELLA & ASSOCIATES
Bought with: Taylor Glynn, (507) 475-2597, eXp Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6397516

Home Details for 5312 Mud Creek Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Partial,Concrete,Walk-Out AccessNumber of Rooms: 6Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2500 Square FeetFoundation Area: 1142
Appliances & Utilities
Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener OwnedDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas, Primary BedroomHas a Fireplace
Gas & Electric
Electric: 200+ Amp Service, Power Company: Lake Country PowerGas: Propane
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Doors 36"+
View
Has a ViewView: Bay, South, West

Exterior Features

Exterior Home Features
Roof: MetalFencing: Partial
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Other Parking: Garage Dimensions (36x48), Garage Door Height (8)No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Detached Garage,Floor Drain,Garage Door Opener,Heated Garage,Insulated Garage,RV Access/Parking
Frontage
WaterfrontWaterfront: Lake Front, Lake Bottom(Excellent Sand)Road Frontage: County Road, Private RoadResponsible for Road Maintenance: Private Maintained Road, Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Mound Septic, Private Sewer
Farm & Range
Frontage Length: Water Frontage: 425
Finished Area
Finished Area (above surface): 2500 Square Feet

Days on Market

Cumulative Days on Market: 49

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Block, Brick, Concrete, Frame, Steel SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 665006000030

Price & Status

Price
List Price: $1,100,000
Status Change & Dates
Off Market Date: Thu Aug 24 2023

Location

Direction & Address
City: ElyCommunity: Stoddards Vermilion Lake Lt 63 15
School Information
High School District: St. Louis County

Building

Building Area
Building Area: 2500 Square Feet

HOA

No HOA

Lot Information

Lot Area: 4.25 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6397516Water ViewWater View: BayAbove Grade Unfinished Area: 2500

Price and Tax history

DateEventPrice
Sep 28, 2023
Source: NorthstarMLS as distributed by MLS GRID #6397516
Sold
$950,000
Aug 24, 2023
Source: NorthstarMLS as distributed by MLS GRID #6397516
Pending
$1,100,000
Jul 6, 2023
Source: NorthstarMLS as distributed by MLS GRID #6397516
Listed For Sale
$1,100,000

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM

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

Based on information submitted to the MLS GRID as of 2026-08-24 11:23:26 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
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Frequently asked questions about 5312 Mud Creek Rd

  • What is 5312 Mud Creek Rd estimated to be worth?
    Trulia's estimated value for 5312 Mud Creek Rd in Ely, MN is $1,074,300.
  • What is the price history for 5312 Mud Creek Rd?
    5312 Mud Creek Rd in Ely, MN last sold for $950,000 in September 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.
  • Does 5312 Mud Creek Rd have air conditioning?
    Yes, 5312 Mud Creek Rd in Ely, MN has air conditioning.
  • Does 5312 Mud Creek Rd have laundry facilities?
    Yes, 5312 Mud Creek Rd in Ely, MN has in-unit laundry.

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