5720 Canfield Bay, Tower, MN 55790
OFF MARKET

$299,500

Trulia Estimate
  • Studio

5720 Canfield Bay, Tower, MN 55790

Est. Refi. Payment $1,941/mo*
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Home Value

Trulia Estimate
$300K
Since last month
Decreased$20K (-6.1%)
Since last year
Decreased$10K (-3.2%)
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 -3% in the last 10 years
MonthEstimated value
2026
August 2026$300K
August 2026$298K
July 2026$319K
June 2026$310K
May 2026$310K
April 2026$298K
March 2026$289K
2025

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
5327 Pine Island Lake Vermilion Is, Tower, MN
1.84
Single-Family Home
$365,000
06/01/26
2
1
823
5399 Lake Vermilion N, Ely, MN
1.85
Single-Family Home
$106,000
04/06/26
1
-
432
5226 Mud Creek Rd, Tower, MN
2.73
Single-Family Home
$80,000
08/19/26
1
-
192
5262 S Ely Island, Tower, MN
3.00
Single-Family Home
$320,000
08/14/26
2
-
624
4361 Isle of Pines, Tower, MN
3.22
Single-Family Home
$1,498,000
08/17/26
3
2
1,908
1621 McKinley Park Acres Rd, Tower, MN
3.25
Single-Family Home
$270,875
06/29/26
2
1
780
2438 Birch Point Rd, Tower, MN
3.55
Single-Family Home
$1,500,000
11/07/25
3
2.5
3,489
2426 Birch Point Rd, Tower, MN
3.67
Single-Family Home
$825,000
07/28/26
2
2
1,525

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 Canfield Bay, Tower, MN 55790
0.25
-
-
-
-
Off Market
Canfield, Two Harbors, MN 55616
0.28
-
-
-
-
Off Market
5713 Pine Is N, Tower, MN 55790
0.43
-
2
1
946
Off Market
5835 N Pine Island, Tower, MN 55790
0.76
$381,900
2
1
852
Off Market
TBD Lake Vermilion North, Tower, MN 55790
1.03
-
-
-
-
Off Market
Tbd N Lake Vermilion, Tower, MN 55790
1.03
-
-
-
-
Off Market
5725 Lake Vermilion North, Tower, MN 55790
1.06
$475,000
3
1
1,300
Off Market
Pine Is, Tower, MN 55790
1.15
-
-
-
-
Off Market
5497 N Pine Island, Tower, MN 55790
1.27
$749,000
2
1.5
2,008
For Sale
TBD Lake Vermilion North, Tower, MN 55790
1.45
$115,000
-
-
-
Recently Sold

Local Information

  • Map ViewExplore the area around 5720 Canfield Bay.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

5720 Canfield Bay is in Tower, MN and in ZIP code 55790.
5720 Canfield Bay, Tower, MN 55790 is a studio property. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $299,500, with a rent estimate of $1,435/month.

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

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

Frequently asked questions about 5720 Canfield Bay

  • What is 5720 Canfield Bay estimated to be worth?
    Trulia's estimated value for 5720 Canfield Bay in Tower, MN is $299,500.
  • Is Tower a buyer's or seller's market?
    Tower is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Tower?
    Residents describe Tower, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Tower, MN.
  • What are the closest schools to 5720 Canfield Bay?
    The closest schools to 5720 Canfield Bay in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).

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