TBD Hwy 169, Ely, MN 55731
FOR SALE
38.93 ACRES

TBD Hwy 169
Ely, MN 55731

    $43,500

    Original price: $47,400
    Est. Mortgage $332/mo*
    Get Pre-Qualified

    $43,500

    Original price: $47,400
    Est. Mortgage $332/mo*
    Get Pre-Qualified
    (on 38.93 acres)

    Home Highlights

    Parking
    None
    Listed
    180+ days ago

    Local Information

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

    About this House

    38.93 acres of recreational land located right on Highway 169 in Ely, MN adjoining public land for expanded access to the outdoors. The property features a mix of open areas and tree cover, with established trails throughout and a creek flowing through the southwest corner. A section of wooden boardwalk is already in place, offering easy passage through portions of the low land. The terrain includes mostly low areas with a higher section, providing a potential location for a cabin site or campsite. The Mesabi Bike Trail runs along the northern edge, adding even more opportunities for outdoor recreation right from the property. Conveniently located near Ely, this parcel is perfect for nature enthusiasts, hunters, or anyone looking for a private retreat with direct access to trails, water, and public land.

    Home Details for TBD Hwy 169

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    Gas & Electric
    Electric: Lake Country Power
    View
    Has a ViewView: Panoramic

    Exterior Features

    Parking & Garage
    Parking: None
    Frontage
    Road Frontage: State RoadResponsible for Road Maintenance: Public Maintained Road, Year RoundNot on Waterfront

    Days on Market

    Cumulative Days on Market: 294Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Mixed Use
    Property Information
    Parcel Number: 465002004480

    Price & Status

    Price
    List Price: $43,500
    Status Change & Dates
    Possession Timing: Immediate

    Active Status

    MLS Status: ACTIVE

    Location

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

    Agent Information

    Listing Agent
    Listing ID: 6122375

    HOA

    No HOA

    Lot Information

    Lot Area: 38.93 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6122375Attribution Contact: ***
    Last check for updates: about 10 hours ago
    Listing courtesy of Lori Schulze, (218) 343-1787
    Keller Williams Classic Realty NW - Ely
    Heather Franciskovich, (218) 235-3895
    Keller Williams Classic Realty NW - Ely
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6122375
    Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

    Market trends in Ely

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    96
    16    MoM

    Price History for TBD Hwy 169

    DatePriceEventSource
    07/29/2026$43,500PriceChange
    Lake Superior Area Realtors as distributed by MLS GRID #6122375
    07/13/2026$47,400PriceChange
    Lake Superior Area Realtors as distributed by MLS GRID #6122375
    11/11/2025$49,900PendingToActiveLake Superior Area Realtors as distributed by MLS GRID #6122375
    11/05/2025$49,900ContingentLake Superior Area Realtors as distributed by MLS GRID #6122375
    10/09/2025$49,900Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6122375

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    Comparable Sales for TBD Hwy 169

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    XXX Highway 169, Ely, MN
    0.52
    Lot/Land
    $75,000
    01/09/26
    -
    -
    Xxx Grant McMahan Blvd, Ely, MN
    1.00
    Lot/Land
    $375,000
    08/29/25
    -
    -
    TBD Highway 169, Ely, MN
    3.36
    Lot/Land
    $34,000
    12/15/25
    -
    -
    1317 N Pioneer Rd, Ely, MN
    3.19
    Lot/Land
    $270,000
    06/05/26
    -
    -
    TBD Lindbeck Rd, Ely, MN
    3.67
    Lot/Land
    $105,000
    06/15/26
    -
    -
    1322 N 18th Ave E, Ely, MN
    3.62
    Lot/Land
    $40,000
    01/21/26
    -
    -
    2120 Sibley Dr, Ely, MN
    3.77
    Lot/Land
    $39,000
    07/29/26
    -
    -
    2125 Sibley Court, Ely, MN
    3.78
    Lot/Land
    $490,000
    05/27/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for TBD Hwy 169.
    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. "
      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."
      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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    LGBTQ Local Legal Protections

    Frequently asked questions about TBD Hwy 169

    • How big is TBD Hwy 169?
      TBD Hwy 169 in Ely, MN is about 38.9 acres.
    • What is the price per acre for TBD Hwy 169?
      TBD Hwy 169 in Ely, MN is listed at $43,500, or about $1,117 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 TBD Hwy 169?
      The closest schools to TBD Hwy 169 in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
    Lori Schulze, Keller Williams Classic Realty NW - Ely
    Agent Phone: (218) 343-1787
    Based on information submitted to the MLS GRID as of 2026-08-07 12:47:18 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
    TBD Hwy 169, Ely, MN 55731 is a lot/land. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Oct 9, 2025. The MLS # for this home is MLS# 6122375.