Bear Island Lk, Ely, MN 55731
OFF MARKET

Bear Island Lk
Ely, MN 55731

    (on 9.38 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Phenomenal setting with westerly views on this excellent, northwoods lake. This island parcel is a point consisting of 9.38 acres with scattered pines, ledgerock outcroppings, and great building sites. The 1614+/- feet of shoreline has some nice docking areas and phenomenol swimming opportunities. Property is accessed by water, and is approved for septic. Take advantage of this opportunity to be on this great lake with miles of undeveloped public shoreline.
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 02, 2025

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for Bear Island Lk

    Interior Features

    Appliances & Utilities
    Utilities: None
    View
    Has a ViewView: Panoramic

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Frontage
    WaterfrontWaterfront: Inland LakeRoad Frontage: NoneResponsible for Road Maintenance: Seasonal, NoneOn Waterfront
    Water & Sewer
    Water Body: Bear Island
    Farm & Range
    Frontage Length: 1614

    Days on Market

    Cumulative Days on Market: 154

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: to be determined

    Price & Status

    Price
    List Price: $300,000
    Status Change & Dates
    Off Market Date: Mon Mar 14 2011

    Active Status

    MLS Status: SOLD

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: Ely #696

    Lot Information

    Lot Area: 9.38 Acres

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: 1600602
    Last check for updates: about 14 hours ago
    Listed by Bruce Chernak, (218) 343-6781
    Bear Island Land Co., Inc
    Bought with: Bruce Chernak, (218) 343-6781, Bear Island Land Co., Inc
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1600602

    Price History for Bear Island Lk

    DatePriceEventSource
    04/15/2011$300,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #1600602
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    Comparable Sales for Bear Island Lk

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1322 N 18th Ave E, Ely, MN
    1.22
    Lot/Land
    $40,000
    01/21/26
    -
    -
    2128 Sibley Dr #2136, Ely, MN
    1.41
    Lot/Land
    $38,900
    10/23/25
    -
    -
    2125 Sibley Dr, Ely, MN
    1.37
    Lot/Land
    $30,000
    06/27/25
    -
    -
    2211 Sibley Dr, Ely, MN
    1.46
    Lot/Land
    $19,700
    06/13/25
    -
    -
    169 Xxx Hwy, Ely, MN
    2.36
    Lot/Land
    $75,000
    01/09/26
    -
    -
    Lots 2&3 Truman Ln, Ely, MN
    2.88
    Lot/Land
    $65,000
    05/23/25
    -
    -
    Lot 5 Truman Ln, Ely, MN
    2.85
    Lot/Land
    $52,900
    12/05/25
    -
    -
    Xxx Grant McMahan Blvd, Ely, MN
    3.10
    Lot/Land
    $375,000
    08/29/25
    -
    -

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    Assigned Schools

    These are the assigned schools for Bear Island Lk.
    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. "
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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
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    • 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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    • 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
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    • 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."
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    Homes for sale near Bear Island Lk

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    Off Market Homes Near Bear Island Lk

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    Based on information submitted to the MLS GRID as of 2026-05-21 11:42:38 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

    Homes for rent near Bear Island Lk

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    Bear Island Lk, Ely, MN 55731 is a lot/land. This property is not currently available for sale. Bear Island Lk was last sold on Apr 15, 2011 for $300,000 (0% higher than the asking price of $300,000).