631 Circle Dr, Ely, MN 55731
Property image
Property image
SOLD
JAN 16, 2026

631 Circle Dr
Ely, MN 55731

  • 3 Beds
  • 2.5 Baths
  • 2,373 sqft (on 1.54 acres)

$805,000

Last Sold: Jan 16, 2026
5% below list $849K
$339/sqft
Est. Refi. Payment $4,906/mo*
Refinance Your Home

$805,000

Last Sold: Jan 16, 2026
5% below list $849K
$339/sqft
Est. Refi. Payment $4,906/mo*
Refinance Your Home
3 Beds
2.5 Baths
2,373 sqft
(on 1.54 acres)

Home Value

Trulia Estimate
$826K
Since last month
$0 (0%)
Since last year
Increased$12K (+1.5%)
Since last sale
Increased$21K (+2.6%)
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 decreased by -13% in the last 10 years
MonthEstimated value
2026
August 2026$826K
July 2026$826K
June 2026$817K
May 2026$820K
April 2026$809K
March 2026$805K
February 2026$806K
January 2026$806K
2025
2024
2023

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
14108 Fall Lake Rd, Ely, MN
0.51
Single-Family Home
$359,000
05/29/26
2
2
3,274
386 Garden Lake Rd, Ely, MN
2.12
Single-Family Home
$419,000
12/08/25
3
2
2,281
142 Onigum Tr, Ely, MN
2.61
Single-Family Home
$930,000
08/29/25
3
2
2,042
118 Onigum Tr, Ely, MN
2.72
Single-Family Home
$735,000
09/04/25
3
2
2,189
540 Loop Rd, Ely, MN
2.78
Single-Family Home
$710,000
02/06/26
3
2
3,160
480 Kawishiwi Tr, Ely, MN
2.82
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
13462 Villa Rd, Ely, MN
3.08
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
13315 Aurora Dr, Ely, MN
3.66
Single-Family Home
$1,264,900
09/30/25
4
2
3,740
607 N Main St, Winton, MN
2.97
Single-Family Home
$415,000
03/06/26
2
1
1,088

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
TBD Circle Dr, Ely, MN 55731
0.10
$65,000
-
-
-
Recently Sold
611 Circle Dr, Ely, MN 55731
0.17
$629,400
3
1
1,253
Off Market
xxxx Circle Dr, Ely, MN 55731
0.28
-
-
-
-
Off Market
14057 Fall Lake, Ely, MN 55731
0.30
$263,300
2
-
457
Off Market
14015 Romberg Shores Rd, Ely, MN 55731
0.37
$634,500
3
2
2,294
Off Market
14108 Fall Lake Rd, Ely, MN 55731
0.51
$359,000
2
2
3,274
Recently Sold
XXX Fall Lake Rd, Ely, MN 55731
0.53
-
-
-
-
Off Market
xxx Fernberg Rd, Ely, MN 55731
0.63
$164,600
1
-
320
Off Market
xxxxx Fernberg Rd, Ely, MN 55731
0.71
$179,600
1
-
570
Off Market
470 Shady Ln, Ely, MN 55731
0.71
$660,900
2
1
1,195
Off Market

Local Information

  • Map ViewExplore the area around 631 Circle Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2012
Lot Size
1.54 acres
Living Area
2,373 sqft
Price/Sqft
$339/sqft
Parking
2 Car Garage

About this House

Located a short drive east of Ely is this magnificent 2 story lake home on Fall Lake! Fantastic views of Fall Lake...including views right into the BWCAW from your patio! This lovely home, built in 2012, has 3 bedrooms and 3 baths and is on a very scenic wooded parcel with approx. 1.5 acres and approx. 200 feet of shoreline on this fantastic "edge of the Boundary Waters" lake! Enjoy elevated views of the lake, see eagles frequently soaring overhead and roosting on the state owned island out front, and paddle or motor right into the BWCAW right from your dock! The main floor has 9 foot ceilings and a large open concept living and dining room that flows right into the large kitchen with tons of counter space and top-quality cabinets. Enjoy the fantastic views out the tall windows and sliding glass door toward the large patio and lake. Also, a main floor bedroom that faces the lake with a private full bath with jacuzzi tub! Half bath, large utility room with washer and dryer, and 4 season porch round out the main floor. The 2nd floor has a large great room with pine vaulted ceilings that faces the lake and an additional back portion of it with a portable sliding wall that can be used to make it a private room, or extra sleeping space. 2 more large bedrooms and another full bath are here as well. Plus a large 2nd floor deck! Also a huge storage room over the attached garage that is great for storing so many things! Other features include the attached 2 stall garage, a sauna behind the house, large patio and entertaining area facing the lake, maintenance free top-quality siding, nice stairs to the lake-where there is a large dock and boat storage! This property would be great to live in year 'round, or use as your 4 season Ely area getaway. Drilled well, mound septic system, private driveway, storage shed. Fall Lake is 6 miles long and the northern quarter of the lake is in the famous Boundary Waters Wilderness Area, with motors being allowed on all of Fall Lake (25 HP in the BWCAW portion and unlimited on the rest of the lake). From Fall, you can wheel portage to Basswood Lake.. and the US/Canada border. Great fishing! Property faces N/NW and allows great viewing of the active northern lights activity. This is a great property just 10 minutes from Ely! Check out this Youtube Channel for footage of the night sky(including some amazing Northern Lights!) of this listing: https://youtube.com/@larryolson6464?si=6Wa-Cg7a-Lrk7vRT
631 Circle Dr, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 2,373 sqft single-family home built in 2012. It last sold for $805,000 on Jan 16, 2026 (5% below the $849,000 asking price). It is currently off market. The Trulia Estimate is $826,000, with a rent estimate of $2,912/month.

Home Details for 631 Circle Dr

Interior Features

Interior Details
Number of Rooms: 12Types of Rooms: Bedroom, Bathroom, Four Season Porch, Great Room, Kitchen, Living Room, Storage, Utility Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2373 Square FeetFoundation Area: 1125
Appliances & Utilities
Appliances: Water Heater-Electric, Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,In Floor Heat,Wood,Propane,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Door: Patio Door
Levels, Entrance, & Accessibility
Number of Stories: 2Accessibility: Partially Wheelchair, Accessible Doors
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Deck, PatioOther Structures: SaunaExterior: Dock
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Gravel,Attached,Electrical Service,Insulation
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Hard, Rocky, Elevation-High)Road Frontage: Private RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Private Sewer, Mound SepticWater Body: Fall
Farm & Range
Frontage Length: 200
Finished Area
Finished Area (above surface): 2373 Square Feet

Days on Market

Cumulative Days on Market: 134

Property Information

Year Built
Year Built: 2012
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Composition, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 28636901090

Price & Status

Price
List Price: $849,000Price Per Sqft: $339/sqft
Status Change & Dates
Off Market Date: Fri Nov 28 2025Possession Timing: Immediate

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: 1.54 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6120784Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 2373
Last check for updates: about 2 hours ago
Listed by Jeff Hway, (218) 349-0906
Bear Island Realty LLC
Zachary Hway, (651) 341-0383
Bear Island Realty LLC
Bought with: Connie Coughlin, (218) 235-8289, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6120784

Price and Tax history

DateEventPrice
Jan 16, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120784
Sold
$805,000
Dec 8, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120784
Pending
$849,000
Nov 28, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120784
Contingent
$849,000
Aug 19, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120784
PriceChange
$849,000
Price decreased by 6%
Jul 17, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120784
Listed For Sale
$899,000

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
Skip to last item
  • Results are loading
Skip to first item

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

Apartments for Rent

Skip to last item
Skip to first item

Homes for sale near 631 Circle Dr

Skip to last item
Skip to first item

Off Market Homes Near 631 Circle Dr

Skip to last item
Skip to first item

Frequently asked questions about 631 Circle Dr

  • What is 631 Circle Dr estimated to be worth?
    Trulia's estimated value for 631 Circle Dr in Ely, MN is $826,000.
  • What is the price history for 631 Circle Dr?
    631 Circle Dr in Ely, MN last sold for $805,000 in January 2026.
  • 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 631 Circle Dr have air conditioning?
    Yes, 631 Circle Dr in Ely, MN has air conditioning.
  • Does 631 Circle Dr have laundry facilities?
    Yes, 631 Circle Dr in Ely, MN has in-unit laundry.
Based on information submitted to the MLS GRID as of 2026-08-18 12:22:17 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