Triangle Lake, Ely, MN 55731
OFF MARKET

$450,600

Trulia Estimate
  • 3 Beds
  • 1,144 sqft (on 32.50 acres)

Triangle Lake, Ely, MN 55731

Est. Refi. Payment $2,929/mo*
Refinance Your Home

Home Value

Trulia Estimate
$451K
Since last month
Decreased$26K (-5.4%)
Since last year
Decreased$122K (-21.2%)
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 decreased by -1% in the last 10 years
MonthEstimated value
2026
September 2026$451K
August 2026$476K
July 2026$503K
June 2026$503K
May 2026$500K
April 2026$507K
March 2026$477K
February 2026$505K
January 2026$490K
2025
2024
2023

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
1152 Fernberg Rd, Ely, MN
1.83
Single-Family Home
$150,000
07/24/26
1
1
516
1621 Fernberg Rd, Ely, MN
2.38
Single-Family Home
$316,666
11/06/25
2
-
840
14105 Madden Lake Trl, Ely, MN
2.28
Single-Family Home
$75,000
12/10/25
1
-
280
631 Circle Dr, Ely, MN
4.47
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
13315 Aurora Dr, Ely, MN
4.27
Single-Family Home
$1,264,900
09/30/25
4
2
3,740
632 Voyageur Rd, Ely, MN
4.72
Single-Family Home
$475,000
08/28/26
2
1
1,335
14108 Fall Lake Rd, Ely, MN
4.08
Single-Family Home
$359,000
05/29/26
2
2
3,274

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
xxx Grant McMahon, Ely, MN 55731
0.00
$595,800
4
2
1,280
Off Market
XXXX Garden St, Ely, MN 55731
0.00
-
-
-
-
Off Market
TBD N 5TH AVE E, Ely, MN 55731
0.00
-
-
-
-
Off Market
- DEEP LAKE RD, Ely, MN 55731
0.00
-
-
-
-
Off Market
TBD Moose River Loop, Ely, MN 55731
0.00
-
-
-
-
Off Market
xxx Moose River Loop, Ely, MN 55731
0.00
-
-
-
-
Off Market
xxx Little Lost Lake Rd, Ely, MN 55731
0.00
-
-
-
-
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 2004
32.5 acre lot
1,144 sqft
$394/sqft

About this House

What's unique:Mixed forestLarge white pinesRugged shorelineBeautiful views
This single-family home is located at Triangle Lake, Ely, MN. Triangle Lake is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms and approximately 1,144 sqft of floor space. This property has a lot size of 32.50 acres and was built in 2004.
Triangle Lake, Ely, MN 55731 is a 3 bedroom, 1,144 sqft single-family home built in 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $450,600, with a rent estimate of $1,945/month.

Home Details for Triangle Lake

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Types of Rooms: Dining Room
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Porch

Lot Information

Lot Area: 32.50 acres

Price and Tax history

DateEventPrice
Sep 14, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID
ListingRemoved
May 8, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6094858
PendingToActive
$75,000
Mar 18, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6094861
Pending
$75,000
Feb 10, 2021
Source: Agent Provided
Listed For Sale
$75,000

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
5MoM

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
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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
    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

Frequently asked questions about Triangle Lake

  • What is Triangle Lake estimated to be worth?
    Trulia's estimated value for Triangle Lake in Ely, MN is $450,600.
  • 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 Triangle Lake?
    The closest schools to Triangle Lake in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
  • How big is the lot at Triangle Lake?
    The lot at Triangle Lake in Ely, MN is about 32.5 acres.

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