655 Point Dr, Ely, MN 55731
OFF MARKET

655 Point Dr
Ely, MN 55731

  • 3 Beds
  • 2 Baths
  • 1,600 sqft (on 2.05 acres)

$615,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $3,708/mo*
Refinance Your Home

$615,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $3,708/mo*
Refinance Your Home
3 Beds
2 Baths
1,600 sqft
(on 2.05 acres)

Local Information

  • Map ViewExplore the area around 655 Point 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
2002
Lot Size
2.05 acres
Living Area
1,600 sqft
Price/Sqft
$385
Parking
2 Car Garage

About this House

Garden Lake Home- This well designed home, custom built in 2002, features one level living on Garden Lake. 3 bedrooms, master bath & guest bath, sun room, living room, kitchen-dining room, main floor laundry and pantry. Lake views from the living room, sun room, and master bedroom. Entrance to the 2 car detached garage is from the laundry room. In floor, off-peak heat. Two 200 amp circuit breaker panels. Drilled well & mound septic system. Also includes a 20 X 16 dry cabin on a 20 X 20 foundation. Storage shed. Wood shed. Paved access to the garage. Wooded lot with gentle path leading to the 190 ft of lakeshore. The home is situated on the lot to provide privacy. Garden Lake is connected to a chain of lakes including White Iron, Farm, South Farm, and the Kawishiwi River. Access to the BWCA. A great opportunity to own a year round home on Garden Lake in Ely, Minnesota.
655 Point Dr, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,600 sqft single-family home built in 2002. It last sold for $540,000 on Jul 13, 2023 (6% below the $575,000 asking price). It is currently off market. The Trulia Estimate is $615,700, with a rent estimate of $2,220/month.

Home Details for 655 Point Dr

Interior Features

Interior Details
Basement: N/ANumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Bathroom, Laundry, Living Room, Pantry, Sun Room
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: 1600 Square FeetFoundation Area: 1500
Appliances & Utilities
Utilities: Underground Utilities, SatelliteAppliances: Water Heater-Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Dual Fuel/Off Peak,In Floor Heat,WoodNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Dual Fuel Off Peak
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Minnesota Power
Windows, Doors, Floors & Walls
Window: Vinyl WindowsFlooring: Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Accessibility: Partially Wheelchair, No Stairs InternalFloors: Tiled Floors
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: DeckVegetation: Heavily WoodedOther Structures: Storage ShedExterior: Boat Slip, Dock
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Asphalt,Off Street,Other,Attached,Drains,Electrical Service,Heat,Insulation
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky)Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Garden
Farm & Range
Frontage Length: 190
Finished Area
Finished Area (above surface): 1600 Square Feet

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 28637628040

Price & Status

Price
List Price: $575,000
Status Change & Dates
Off Market Date: Sat May 13 2023Possession 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: 2.05 Acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 6107940Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 1600
Last check for updates: about 2 hours ago
Listed by Janet Erchul, (218) 365-2100
Ely Realty
Bought with: Karen Zupancich, (218) 349-2565, Edina Realty, Inc. - Virginia
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6107940

Price History for 655 Point Dr

DatePriceEventSource
07/13/2023$540,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6107940
05/31/2023$575,000PendingLake Superior Area Realtors as distributed by MLS GRID #6107940
05/14/2023$575,000ContingentLake Superior Area Realtors as distributed by MLS GRID #6107940
05/10/2023$575,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6107940

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
16MoM
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Property Tax and Assessment

Year2025
Tax$3,499
Assessment$505,400
Home facts updated by county records

Comparable Sales for 655 Point Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
540 Loop Rd, Ely, MN
0.92
Single-Family Home
$710,000
02/06/26
3
2
3,160
480 Kawishiwi Tr, Ely, MN
1.17
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
386 Garden Lake Rd, Ely, MN
1.43
Single-Family Home
$419,000
12/08/25
3
2
2,281
13408 Black Bear Tr, Ely, MN
0.99
Single-Family Home
$210,000
09/25/25
2
1
614
13436 Bear Paw Trail, Ely, MN
0.82
Single-Family Home
$460,000
09/12/25
2
1
721
13462 Villa Rd, Ely, MN
1.81
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
13315 Aurora Dr, Ely, MN
1.67
Single-Family Home
$1,264,900
09/30/25
4
2
3,740
413 Sunset Rd, Ely, MN
2.09
Single-Family Home
$519,000
07/31/26
3
2
1,320
631 Circle Dr, Ely, MN
2.09
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
13464 Chestnut Dr, Ely, MN
1.89
Single-Family Home
$210,000
07/27/26
2
1
1,215

Nearby homes

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Assigned Schools

These are the assigned schools for 655 Point Dr.
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. "
    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
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Apartments for Rent

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Homes for sale near 655 Point Dr

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Off Market Homes Near 655 Point Dr

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Frequently asked questions about 655 Point Dr

  • What is 655 Point Dr estimated to be worth?
    Trulia's estimated value for 655 Point Dr in Ely, MN is $615,700.
  • What is the price history for 655 Point Dr?
    655 Point Dr in Ely, MN last sold for $540,000 in July 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 655 Point Dr have laundry facilities?
    Yes, 655 Point Dr in Ely, MN has in-unit laundry.
  • How big is the lot at 655 Point Dr?
    The lot at 655 Point Dr in Ely, MN is about 2.1 acres.
Based on information submitted to the MLS GRID as of 2026-08-09 21:57:17 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