- BURNTSIDE LAKE, Ely, MN 55731
Property image
Property image
OFF MARKET

$620,000

Last sold price

    - BURNTSIDE LAKE, Ely, MN 55731

    Currently Off Market - Sold Feb 5, 2008 for $620,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    TBD Burntside Lake Island, Ely, MN
    1.64
    Lot/Land
    $175,000
    06/18/26
    -
    -
    XXX Burntside Lake Island, Ely, MN
    3.00
    Lot/Land
    $275,000
    10/09/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    2.99
    Lot/Land
    $250,000
    10/09/25
    -
    -
    TBD Highway 169, Ely, MN
    2.51
    Lot/Land
    $34,000
    12/15/25
    -
    -
    XXX Highway 169, Ely, MN
    3.71
    Lot/Land
    $75,000
    01/09/26
    -
    -
    TBD Moose Junction Tr, Ely, MN
    3.99
    Lot/Land
    $51,000
    12/15/25
    -
    -
    TBD Moose Creek Tr, Ely, MN
    5.34
    Lot/Land
    $100,000
    04/01/26
    -
    -
    3732 Hwy 169, Ely, MN
    6.08
    Lot/Land
    $290,000
    12/05/25
    -
    -

    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
    2823 Moroni Point Rd, Ely, MN 55731
    0.26
    $762,500
    2
    0.5
    1,175
    Off Market
    2969 Van Vac Rd, Ely, MN 55731
    0.51
    -
    -
    -
    -
    Off Market
    2763 Van Vac Rd, Ely, MN 55731
    0.57
    $1,490,000
    3
    1
    1,122
    For Sale
    TBD Waters Island, Ely, MN 55731
    0.73
    $945,000
    -
    -
    -
    For Sale
    X Waters Island, Ely, MN 55731
    0.76
    $1,585,000
    6
    3.5
    2,146
    For Sale
    2538 Martilla Rd, Ely, MN 55731
    0.84
    $779,000
    2
    1
    900
    For Sale
    2928 Waters Island, Ely, MN 55731
    0.85
    $2,450,000
    6
    3.5
    2,146
    For Sale
    xxx Van Vac Rd, Ely, MN 55731
    1.03
    -
    -
    -
    -
    Off Market
    2657 Van Vac Rd, Ely, MN 55731
    1.05
    $469,500
    2
    2
    1,600
    Off Market
    3055 Van Vac Rd, Ely, MN 55731
    1.15
    $799,000
    2
    2
    2,688
    For Sale

    Local Information

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

    Home Highlights

    Lot/Land
    2.3 acre lot

    About this House

    This is truly the northwoods and Burntside Lake at its finest. Ledgerock, beautiful pine trees, and wild blueberries highlight this 2.3 acre island with over 1,400 feet of shoreline. A secluded cove is the perfect place for your dock. Take advantage of this rare opportunity for island property on Burntside Lake!
    • BURNTSIDE LAKE, Ely, MN 55731 is a lot/land. It last sold for $620,000 on Feb 5, 2008 (17% below the $750,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 2 hours ago
    Listed by Gary Roderick, (218) 235-1023
    Bear Island Land Co., Inc
    Bought with: Chris Eilrich, (218) 343-6169, Bear Island Land Co., Inc
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1600343

    Home Details for - BURNTSIDE LAKE

    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: Burntside
    Farm & Range
    Frontage Length: 1482

    Days on Market

    Cumulative Days on Market: 8

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 465004002860

    Price & Status

    Price
    List Price: $750,000
    Status Change & Dates
    Off Market Date: Wed Nov 14 2007Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

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

    Lot Information

    Lot Area: 2.3 Acres

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: 1600343

    Price and Tax history

    DateEventPrice
    Feb 5, 2008
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1600343
    		Sold
    $620,000

    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
    5    MoM

    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
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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
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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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    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-09-24 10:57:11 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

    Frequently asked questions about - BURNTSIDE LAKE

    • What is the price history for - BURNTSIDE LAKE?
      • BURNTSIDE LAKE in Ely, MN last sold for $620,000 in February 2008.
    • 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 - BURNTSIDE LAKE?
      The closest schools to - BURNTSIDE LAKE in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).

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