TBD Burntside Lake Island, Ely, MN 55731
Property image
Property image
OFF MARKET

$46,000

Last sold price

    TBD Burntside Lake Island, Ely, MN 55731

    Currently Off Market - Sold Apr 28, 2022 for $46,000

    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
    0.71
    Lot/Land
    $175,000
    06/18/26
    -
    -
    1.22
    Lot/Land
    $250,000
    10/09/25
    -
    -
    1.21
    Lot/Land
    $275,000
    10/09/25
    -
    -
    3.25
    Lot/Land
    $34,000
    12/15/25
    -
    -
    3.80
    Lot/Land
    $51,000
    12/15/25
    -
    -
    4.19
    Lot/Land
    $100,000
    04/01/26
    -
    -
    4.84
    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
    0.71
    $175,000
    -
    -
    -
    Recently Sold
    1.01
    $479,200
    2
    -
    -
    Off Market
    1.07
    $791,500
    3
    2
    1,872
    Off Market
    1.07
    $1,025,300
    3
    2
    2,280
    Off Market
    1.07
    -
    -
    -
    -
    Off Market
    1.10
    -
    -
    -
    -
    Off Market
    1.12
    -
    -
    -
    -
    Off Market
    1.21
    -
    -
    -
    -
    Off Market
    1.22
    -
    -
    -
    -
    Off Market
    1.44
    -
    -
    -
    -
    Off Market
    1.44
    $900,000
    3
    2
    2,706
    Recently Sold

    Local Information

    • Map ViewExplore the area around TBD Burntside Lake Island.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    0.36 acre lot

    About this House

    This beautiful little island is located in the wild and scenic island-studded western part of the lake with great views in all directions. It is aprox. .36 of an acre in size and has aprox. 400 feet of gorgeous Burntside Lake shoreline. St Louis County Planning and Zoning says: "The island is too small to build a structure on unless a variance was obtained because it is less than 1/2 acre. Options that would be allowed would include a day use site, a campsite for personal use, recreation, etc. No structures would be allowed on the property, but a landowner may have a platform that is no larger than 120 square feet and no higher than 18 inches off the ground. The platform cannot have any railings, seats, trellises, or other features. The platform must be at least 10 feet from the shoreline. A fire ring is also a possibility as long as all the local and state regulations are met. A dock may also be allowed on the parcel as long as all DNR standards are met." They also recommend contacting the On-Site Wastewater Division to discuss options for human waste if the parcel is used for camping. Burntside Lake is in a class of its own here in the Ely area with its large size, crystal clear waters, great fishing, fantastic scenery, and direct access to the Boundary Waters Canoe Area Wilderness. The island has some beautiful tree cover including many pines, and a nice open ledgerock area in the middle. Own your own island on Burntside Lake!!
    TBD Burntside Lake Island, Ely, MN 55731 is a lot/land. It last sold for $46,000 on Apr 28, 2022 (22% below the $59,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 10 hours ago
    Listed by Jeff Hway, (218) 349-0906
    Bear Island Realty LLC
    Bought with: Bruce Chernak, (218) 343-6781, Bear Island Realty LLC
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6101533

    Home Details for TBD Burntside Lake Island

    Interior Features

    Appliances & Utilities
    Utilities: None
    Gas & Electric
    Electric: None
    View
    Has a ViewView: Inland Lake, Panoramic

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Parking & Garage
    Parking: None
    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Hard, Rocky, Elevation-Medium)Road Frontage: NoneResponsible for Road Maintenance: NoneOn Waterfront
    Water & Sewer
    Water Body: Burntside
    Farm & Range
    Frontage Length: 400

    Days on Market

    Cumulative Days on Market: 17

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 465004004790

    Price & Status

    Price
    List Price: $59,000
    Status Change & Dates
    Off Market Date: Sun Mar 20 2022Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

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

    HOA

    No HOA

    Lot Information

    Lot Area: 0.36 acres

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: 6101533Water ViewWater View: LakeAttribution Contact: ***

    Price and Tax history

    DateEventPrice
    Apr 28, 2022
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6101533
    Sold
    $46,000
    Mar 20, 2022
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6101533
    Pending
    $59,000
    Mar 3, 2022
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6101533
    Listed For Sale
    $59,000

    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
    2
    MoM

    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. "
    • 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 . "
    • 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. "
    • 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."
    • 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."
    • 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."

    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-09-04 01:02:41 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 TBD Burntside Lake Island

    • What is the price history for TBD Burntside Lake Island?
      TBD Burntside Lake Island in Ely, MN last sold for $46,000 in April 2022.
    • 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 TBD Burntside Lake Island?
      The closest schools to TBD Burntside Lake Island 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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