TBD W Boundary Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

TBD W Boundary Rd
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 1,036 sqft (on 9.60 acres)

$398,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $2,465/mo*
Refinance Your Home

$398,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $2,465/mo*
Refinance Your Home
2 Beds
1 Bath
1,036 sqft
(on 9.60 acres)

Home Value

Trulia Estimate
$398K
Since last month
Decreased$5K (-1.3%)
Since last year
Increased$34K (+9.3%)
Since last sale
Increased$198K (+98%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +9% in the last 10 years
MonthEstimated value
2026
August 2026$400K
July 2026$405K
June 2026$413K
May 2026$410K
April 2026$398K
March 2026$386K
February 2026$373K
January 2026$367K
2025

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
1840 Windy Rd, Ely, MN
2.98
Single-Family Home
$1,100,000
06/16/26
2
3
2,600
2375 Viste Point Rd, Ely, MN
3.52
Single-Family Home
$900,000
04/01/26
3
2
2,706
9362 Vandelay Dr, Ely, MN
4.42
Single-Family Home
$265,000
05/15/26
2
1
976
2263 Longstorff Rd, Ely, MN
4.03
Single-Family Home
$510,000
10/06/25
3
2
1,581
1859 Bobence Rd, Ely, MN
3.74
Single-Family Home
$420,000
06/22/26
3
3
1,532
1675 Bradach Rd, Ely, MN
4.25
Single-Family Home
$780,000
08/12/26
3
2
1,916
1755 Bradach Rd, Ely, MN
3.87
Single-Family Home
$260,000
07/08/26
1
1
694
1346 Bear Head State Park Rd, Ely, MN
4.11
Single-Family Home
$140,000
04/13/26
1
-
288

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
2738 South Shore Twin Lakes, Ely, MN 55731
0.53
$412,500
2
1
968
Off Market
2680 South Shore Twin Lakes, Ely, MN 55731
0.81
$310,200
2
-
640
Off Market
TBD Moose Junction Tr, Ely, MN 55731
1.48
$51,000
-
-
-
Recently Sold

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Lot Size
9.6 acres
Living Area
1,036 sqft
Price/Sqft
$384
Parking
Open Parking

About this House

This well-built cabin comes with lots of privacy on Twin Lake, just 5 miles west of Ely. The cabin is located on a 9.6 acre parcel with 455 ft. of south facing shoreline on this good fishing lake. The property is adjacent to hundreds of acres of Govt land. The cabin is water access but located only 2 minutes by boat from the DNR boat launch with concrete ramp and plenty of parking. Cabin features 2 large bedrooms with plenty of closet and storage space. Attractive kitchen has propane appliances, lots of cabinet space and an island for additional storage. Living room is showcased by the wood-burning stove. Large energy efficient windows through out the cabin offer great natural lighting with southern lake views and passive solar heat. Main floor has hardwood floors. The cabin has a pressurized water system, water is pumped from the lake into a storage tank in the utility room and has a County approved gray water system.
TBD W Boundary Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,036 sqft single-family home built in 2003. It last sold for $202,000 on May 31, 2016 (2% above the $199,000 asking price). It is currently off market. The Trulia Estimate is $398,300, with a rent estimate of $1,641/month.

Home Details for TBD W Boundary Rd

Interior Features

Interior Details
Basement: N/ANumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1036 Square FeetFoundation Area: 884
Appliances & Utilities
Appliances: Water Heater-Gas
Heating & Cooling
Heating: WoodNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wood
Fireplace & Spa
Fireplace: Free StandingHas a Fireplace
Gas & Electric
Electric: Other
Windows, Doors, Floors & Walls
Window: Double Glazed, Energy WindowsDoor: Patio DoorFlooring: Hardwood Floors, Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors, Tiled Floors
View
Has a ViewView: Inland Lake

Exterior Features

Exterior Home Features
Roof: MetalVegetation: Heavily WoodedOther Structures: SaunaExterior: Dock
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Off Street,None
Frontage
WaterfrontWaterfront: Inland Lake, Shoreline Characteristics(Rocky)Road Frontage: NoneResponsible for Road Maintenance: NoneOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Twin Lakes
Farm & Range
Frontage Length: 455
Finished Area
Finished Area (above surface): 1036 Square Feet

Days on Market

Cumulative Days on Market: 53

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465003002301

Price & Status

Price
List Price: $199,000
Status Change & Dates
Off Market Date: Fri May 06 2016Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

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

Lot Information

Lot Area: 9.6 Acres

Miscellaneous

BasementMls Number: 6020862Water ViewWater View: LakeAbove Grade Unfinished Area: 1036

Additional Information

HOA Amenities: Sauna
Last check for updates: about 2 hours ago
Listed by Phil Hyde, (218) 349-2797
Bear Island Land Co., Inc
Bought with: Patricia Bulinski, (218) 349-5595, Bear Island Land Co., Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6020862

Price and Tax history

DateEventPrice
May 31, 2016
Source: Lake Superior Area Realtors as distributed by MLS GRID #6020862
Sold
$202,000

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
2MoM
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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
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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. "
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    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
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Apartments for Rent

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Homes for sale near TBD W Boundary Rd

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Off Market Homes Near TBD W Boundary Rd

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Frequently asked questions about TBD W Boundary Rd

  • What is TBD W Boundary Rd estimated to be worth?
    Trulia's estimated value for TBD W Boundary Rd in Ely, MN is $398,300.
  • What is the price history for TBD W Boundary Rd?
    TBD W Boundary Rd in Ely, MN last sold for $202,000 in May 2016.
  • 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.
  • How big is the lot at TBD W Boundary Rd?
    The lot at TBD W Boundary Rd in Ely, MN is about 9.6 acres.
  • Does TBD W Boundary Rd have parking?
    Yes, TBD W Boundary Rd in Ely, MN has on-site parking.
Based on information submitted to the MLS GRID as of 2026-08-18 02:12:31 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