742 Halfway Rd, Ely, MN 55731
OFF MARKET

742 Halfway Rd
Ely, MN 55731

  • 1 Bed
  • 1 Bath
  • 1,313 sqft (on 4.30 acres)

$500,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $3,075/mo*
Refinance Your Home

$500,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $3,075/mo*
Refinance Your Home
1 Bed
1 Bath
1,313 sqft
(on 4.30 acres)

Home Value

Trulia Estimate
$500K
Since last month
Decreased$9K (-1.7%)
Since last year
Decreased$4K (-0.9%)
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 +51% in the last 10 years
MonthEstimated value
2026
August 2026$497K
July 2026$508K
June 2026$506K
May 2026$490K
April 2026$479K
March 2026$471K
February 2026$482K
January 2026$469K
2025
2024
2023
2022
2021
2020
2019
2018

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
12351 Endless Waters Rd, Ely, MN
0.44
Single-Family Home
$540,000
09/30/25
3
1
1,144
12338 Endless Waters Rd, Ely, MN
0.53
Single-Family Home
$166,251
10/16/25
2
-
576
12389 Endless Waters Rd, Ely, MN
0.42
Single-Family Home
$75,000
03/25/26
-
200
297 S Kawishiwi Summer Homes Rd, Ely, MN
3.10
Single-Family Home
$280,000
09/30/25
1
-
459
3206 Shady Rest, Ely, MN
4.33
Single-Family Home
$710,200
08/29/25
2
2
1,768
3206 Shadyrest, Ely, MN
4.34
Single-Family Home
$710,200
08/29/25
2
2
918
413 Sunset Rd, Ely, MN
4.42
Single-Family Home
$519,000
07/31/26
3
2
1,320
377 Sunset Rd, Ely, MN
4.27
Single-Family Home
$747,000
07/06/26
3
3
3,175
2137 Deer Ridge Rd, Ely, MN
5.37
Single-Family Home
$420,000
11/14/25
1
1
1,440

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
740 Halfway Rd, Ely, MN 55731
0.08
-
-
-
-
Off Market
XXX Halfway Rd, Ely, MN 55731
0.15
-
-
-
-
Off Market
12355 Endless Waters Rd, Ely, MN 55731
0.41
$511,600
3
2
1,520
Off Market
12351 Endless Waters Rd, Ely, MN 55731
0.44
$552,700
3
1
1,144
Off Market
xxx1 Endless Waters Rd, Ely, MN 55731
0.49
-
-
-
-
Off Market
xxx4 Endless Waters Rd, Ely, MN 55731
0.51
-
-
-
-
Off Market
0000 Rom Rd, Ely, MN 55731
0.54
-
-
-
-
Off Market
XXX Big Timber Rd Lot #3, Ely, MN 55731
0.59
-
-
-
-
Off Market
XXX Big Timber Rd Lot #1, Ely, MN 55731
0.59
-
-
-
-
Off Market
Xxx2 Endless Waters Road Fall, Ely, MN 55731
0.59
-
-
-
-
Off Market
867 Big Timber Tr, Ely, MN 55731
0.77
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 742 Halfway Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2006
Lot Size
4.3 acres
Living Area
1,313 sqft
Price/Sqft
$381
Parking
Garage

About this House

This single-family home is located at 742 Halfway Rd, Ely, MN. 742 Halfway Rd is in Ely, MN and in ZIP code 55731. This property has 1 bedroom, 1 bathroom and approximately 1,313 sqft of floor space. This property has a lot size of 4.30 acres and was built in 2006.
742 Halfway Rd, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 1,313 sqft single-family home built in 2006. It is currently off market. The Trulia Estimate is $500,400, with a rent estimate of $1,647/month.

Home Details for 742 Halfway Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.7000000476837158
Interior Details
Additional StorageIn-law unitTypes of Rooms: WorkshopStorage
Heating & Cooling
Air Conditioning
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: Single Family HomeArchitecture: Log Cabin/Rustic

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 4.30 acres

Building

Pool
Sauna

Price and Tax history

YearProperty taxTax assessment
2025
$3,087
$546,200
Home facts updated by county records

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
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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. "
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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. "
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    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
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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."
    0
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Apartments for Rent

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Explore by feature - Garage

Homes for sale near 742 Halfway Rd

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Off Market Homes Near 742 Halfway Rd

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Frequently asked questions about 742 Halfway Rd

  • What is 742 Halfway Rd estimated to be worth?
    Trulia's estimated value for 742 Halfway Rd in Ely, MN is $500,400.
  • 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 742 Halfway Rd?
    The closest schools to 742 Halfway Rd in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
  • How big is the lot at 742 Halfway Rd?
    The lot at 742 Halfway Rd in Ely, MN is about 4.3 acres.
  • Does 742 Halfway Rd have a garage?
    Yes, 742 Halfway Rd in Ely, MN has a garage.