TBD Burntside Lake Island, Ely, MN 55731
Property image
Property image
SOLD
JUN 18, 2026

$175,000

Last sold price

    TBD Burntside Lake Island, Ely, MN 55731

    Est. Refi. Payment $1,125/mo*
    Refinance Your Home
    Currently Off Market - Sold Jun 18, 2026 for $175,000

    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
    XXX Burntside Lake Island, Ely, MN
    1.89
    Lot/Land
    $250,000
    10/09/25
    -
    -
    XXX Burntside Lake Island, Ely, MN
    1.87
    Lot/Land
    $275,000
    10/09/25
    -
    -
    TBD Highway 169, Ely, MN
    3.54
    Lot/Land
    $34,000
    12/15/25
    -
    -
    TBD Moose Junction Tr, Ely, MN
    4.36
    Lot/Land
    $51,000
    12/15/25
    -
    -
    TBD Moose Creek Tr, Ely, MN
    4.90
    Lot/Land
    $100,000
    04/01/26
    -
    -
    Xxx Grant McMahan Blvd, Ely, MN
    4.65
    Lot/Land
    $375,000
    08/29/25
    -
    -
    3732 Hwy 169, Ely, MN
    5.55
    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
    Lot 5 Burntside Lake Island, Ely, MN 55731
    0.61
    $483,100
    2
    -
    -
    Off Market
    TBD Burntside Lake Island, Ely, MN 55731
    0.71
    -
    -
    -
    -
    Off Market
    3237 Burntside Lake NW, Ely, MN 55731
    0.68
    $787,600
    3
    2
    1,872
    Off Market
    2740 Glendaloch Rd, Ely, MN 55731
    0.75
    $1,012,100
    3
    2
    2,280
    Off Market
    2969 Van Vac Rd, Ely, MN 55731
    1.13
    -
    -
    -
    -
    Off Market
    2928 Waters Island, Ely, MN 55731
    1.13
    $2,450,000
    6
    3.5
    2,146
    For Sale
    X Waters Island, Ely, MN 55731
    1.14
    $1,585,000
    6
    3.5
    2,146
    For Sale
    TBD Waters Island, Ely, MN 55731
    1.29
    $945,000
    -
    -
    -
    For Sale
    Parcel A Van Vac Rd, Ely, MN 55731
    1.37
    -
    -
    -
    -
    Off Market
    2889 Waters Is, Ely, MN 55731
    1.43
    $1,490,000
    3
    1
    1,122
    For Sale

    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

    Property Type
    Lot/Land
    Lot Size
    0.66 acres

    About this House

    Escape to your own private island retreat on legendary Burntside Lake just minutes from Ely and the edge of the Boundary Waters Canoe Area Wilderness. This beautifully wooded .66-acre island parcel offers approximately 800 feet of pristine shoreline, providing exceptional privacy, endless waterfront frontage, and the true Northwoods experience. A sandy beach area creates the perfect spot for swimming, launching kayaks, or relaxing by the water’s edge, while the mature trees and natural setting make this an ideal location for a peaceful camping getaway. Whether you’re looking for a private basecamp for fishing, boating, paddling, and exploring, or simply a quiet escape under the stars, this rare island property offers an incredible opportunity to own a slice of Minnesota wilderness on one of the state’s most iconic lakes.
    TBD Burntside Lake Island, Ely, MN 55731 is a lot/land. It last sold for the $175,000 asking price on Jun 18, 2026. This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: 31 minutes ago
    Listed by Lori Schulze, (218) 343-1787
    Keller Williams Classic Realty NW - Ely
    Heather Franciskovich, (218) 235-3895
    Keller Williams Classic Realty NW - Ely
    Bought with: Heather Franciskovich, (218) 235-3895, Keller Williams Classic Realty NW - Ely
    Co-Buyer's Agent: Lori Schulze, (218) 343-1787
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6125540

    Home Details for TBD Burntside Lake Island

    Interior Features

    View
    Has a ViewView: Inland Lake, Panoramic

    Exterior Features

    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Sand, Undeveloped, Shore-Accessible)Road Frontage: NoneOn Waterfront
    Water & Sewer
    Water Body: Burntside
    Farm & Range
    Frontage Length: 800

    Days on Market

    Cumulative Days on Market: 8

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 465004003200

    Price & Status

    Price
    List Price: $175,000
    Status Change & Dates
    Off Market Date: Tue Jun 02 2026Possession Timing: Close Of Escrow

    Active Status

    MLS Status: SOLD

    Location

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

    HOA

    No HOA

    Lot Information

    Lot Area: 0.66 acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6125540Water ViewWater View: LakeAttribution Contact: ***

    Price and Tax history

    DateEventPrice
    Jun 18, 2026
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6125540
    		Sold
    $175,000
    Jun 2, 2026
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6125540
    		Pending
    $175,000
    May 25, 2026
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6125540
    		Listed For Sale
    $175,000

    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

    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

    Based on information submitted to the MLS GRID as of 2026-08-28 01:07:41 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 $175,000 in June 2026.
    • 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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