Highway 169, Ely, MN 55731
Property image
Property image
FOR SALE
11.85 ACRES

$525,000

    Highway 169, Ely, MN 55731

    Est. Mortgage $3,349/mo*
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    Home Highlights

    Lot/Land
    11.85 acre lot

    Local Information

    • Map ViewExplore the area around Highway 169.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Over 1/4 of a mile of shoreline!! It's hard do find a large lakeshore parcel with direct Hwy 169 access and a varied shoreline and terrain like this one!! This property has a remote BWCA feel with an easy access to the lake from the adjoining public access area. The low area to this property is located next to the public landing, offering privacy for the new owners. The current owner was shown two building sites when the property was purchased - one up high with a fabulous lake view, and the other closer to the lakeshore with more seclusion. Take a look today!!
    Last check for updates: about 20 hours ago
    Listing courtesy of Richard Erickson
    Re/Max Results
    Source: Range AOR, MLS#150050
    Also Listed on Range AOR.

    Home Details for Highway 169

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake FrontOn Waterfront
    Water & Sewer
    Water Body: Armstrong
    Farm & Range
    Frontage Length: 1420 feet
    Surface & Elevation
    Topography: Low, Rough, High

    Days on Market

    Days on Market: 104

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Waterfront
    Property Information
    Parcel Number: 317001002372

    Price & Status

    Price
    List Price: $525,000
    Status Change & Dates
    Possession Timing: Closing

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Ely
    School Information
    Elementary School District: ElyJr High / Middle School District: ElyHigh School District: Ely

    Agent Information

    Listing Agent
    Listing ID: 150050

    Lot Information

    Lot Area: 11.85 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 150050

    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. "
      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
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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."
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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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    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

    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
    3732 Hwy 169, Ely, MN
    0.64
    Lot/Land
    $290,000
    12/05/25
    -
    -
    TBD Moose Creek Tr, Ely, MN
    1.39
    Lot/Land
    $100,000
    04/01/26
    -
    -
    TBD Moose Junction Tr, Ely, MN
    3.76
    Lot/Land
    $51,000
    12/15/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    4.29
    Lot/Land
    $250,000
    10/09/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    4.32
    Lot/Land
    $275,000
    10/09/25
    -
    -
    TBD Burntside Lake Island, Ely, MN
    6.12
    Lot/Land
    $175,000
    06/18/26
    -
    -

    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 Bear Head State Park Rd, Ely, MN 55731
    0.33
    -
    -
    -
    -
    Off Market
    3810 Mud Creek Rd, Ely, MN 55731
    0.31
    $110,000
    2
    -
    840
    Recently Sold
    3823 Dorem Dr, Ely, MN 55731
    0.36
    $850,100
    3
    2
    2,701
    Off Market
    3819 Dorem Dr, Ely, MN 55731
    0.40
    $798,500
    2
    2.5
    1,774
    Recently Sold
    3806 Dorem Dr, Ely, MN 55731
    0.55
    $250,000
    2
    1
    720
    Recently Sold
    3732 Hwy 169, Ely, MN 55731
    0.64
    $290,000
    -
    -
    -
    Recently Sold
    xxxx Three Deer Haven Dr, Ely, MN 55731
    0.74
    -
    -
    -
    -
    Off Market
    1675 Bradach Rd, Ely, MN 55731
    0.85
    $780,000
    3
    2
    1,916
    Recently Sold
    1571 Bear Head State Park Rd, Ely, MN 55731
    0.91
    $172,500
    1
    -
    -
    Off Market
    Bear Head State Park Rd, Ely, MN 55731
    0.96
    -
    -
    -
    -
    Off Market
    1565 Bear Head State Park Rd, Ely, MN 55731
    0.96
    $401,200
    2
    1
    728
    Off Market

    Price and Tax history

    DateEventPrice
    Jun 1, 2026
    Source: Range AOR #150050
    		PriceChange
    $525,000
    Price increased by 275%
    Jan 26, 2022
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6076875
    		Pending
    $140,000
    Sep 29, 2021
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6076875
    		Listed For Sale
    $140,000

    LGBTQ Local Legal Protections

    Richard Erickson, Re/Max Results
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about Highway 169

    • How big is Highway 169?
      Highway 169 in Ely, MN is about 11.9 acres.
    • What is the price per acre for Highway 169?
      Highway 169 in Ely, MN is listed at $525,000, or about $45K per acre.
    • 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 homes for sale in Ely, MN.
    • What are the closest schools to Highway 169?
      The closest schools to Highway 169 in Ely, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
    Highway 169, Ely, MN 55731 is a lot/land. This property is currently available for sale and was listed by Range AOR on Jun 1, 2026. The MLS # for this home is MLS# 150050.