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

$136,800

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 1,036 sqft (on 9.60 acres)

W Boundary Rd, Ely, MN 55731

Est. Refi. Payment $954/mo*
Refinance Your Home
Currently Off Market - Sold Mar 12, 2021 for $50,000

Home Value

Trulia Estimate
$137K
Since last month
Increased$7K (+5.9%)
Since last year
Increased$5K (+3.7%)
Since last sale
Increased$84K (+167%)
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 +8% in the last 10 years
MonthEstimated value
2026
October 2026$134K
September 2026$139K
August 2026$126K
July 2026$135K
June 2026$134K
May 2026$126K
April 2026$129K
March 2026$135K
February 2026$108K
January 2026$114K
2025
2024
2020

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
1.01
Single-Family Home
$109,864
12/29/25
3
2
2,172
2.41
Single-Family Home
$900,000
04/24/26
3
2
1,488
2.40
Single-Family Home
$900,000
04/01/26
3
2
2,706
3.24
Single-Family Home
$1,100,000
06/16/26
2
3
2,600
3.95
Single-Family Home
$615,000
09/18/26
1
1
800
3.43
Single-Family Home
$665,000
01/30/26
3
2
1,296
4.02
Single-Family Home
$770,000
09/25/26
4
3
4,872
4.16
Single-Family Home
$420,000
06/22/26
3
3
1,532
4.42
Single-Family Home
$260,000
07/08/26
1
1
694
4.88
Single-Family Home
$729,000
09/18/26
2
1
773

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
0.09
-
3
2.5
2,400
Off Market
0.09
-
Studio
-
-
Off Market
0.09
$577,900
3
2
1,728
Off Market
0.10
$34,000
-
-
-
Recently Sold
0.14
$172,700
Studio
1
800
Off Market
0.14
-
-
-
-
Off Market
0.17
$418,300
2
1
1,476
Off Market
0.28
$111,500
2
-
672
Off Market
0.43
-
-
-
-
Off Market
0.52
$151,700
1
0.5
684
Off Market
0.52
$333,900
2
2
1,120
Off Market
0.61
-
-
-
-
Off Market
0.62
$170,900
1
-
1,350
Off Market
0.67
-
-
-
-
Off Market
0.72
-
-
-
-
Off Market
0.73
$337,900
4
2
1,152
Off Market
0.78
$337,800
Studio
1
627
Off Market
0.83
-
Studio
-
-
Off Market
0.87
$310,100
2
2
1,104
Off Market
0.88
-
-
-
-
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 2003
9.6 acre lot
1,036 sqft
$132/sqft

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 Gov't 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 woodburning 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. Kitchen and bathroom both have pressurized water for sinks and shower. Bathroom also has a composting toilet. There is also a traditional outhouse behind the cabin. The other outbuilding is a wood fired sauna with dressing room. This cabin is wired for electricity and has a generator and a solar panel. There are also propane lights. Most of furnishings are negotiable.
W Boundary Rd, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 1,036 sqft single-family home built in 2003. It last sold for $50,000 on Mar 12, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $136,800, with a rent estimate of $1,524/month.

Home Details for W Boundary Rd

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9.60 acres

Price and Tax history

DateEventPrice
Mar 12, 2021
Source: NorthstarMLS as distributed by MLS GRID #5681366
Sold
$50,000
Dec 5, 2015
Source: Agent Provided
ListingRemoved
$215,000
Oct 31, 2015
Source: Agent Provided
Listed For Sale
$215,000

Market trends in Ely

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
100
3
MoM
Sourced by Trulia Market Trends

What Locals Say about Ely

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 80% say there's holiday spirit
  • 75% say there are sidewalks
  • 72% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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

Frequently asked questions about W Boundary Rd

  • What is W Boundary Rd estimated to be worth?
    Trulia's estimated value for W Boundary Rd in Ely, MN is $136,800.
  • What is the price history for W Boundary Rd?
    W Boundary Rd in Ely, MN last sold for $50,000 in March 2021.
  • 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 W Boundary Rd?
    The lot at W Boundary Rd in Ely, MN is about 12.7 acres.

Apartments for Rent

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Off Market Homes Near W Boundary Rd

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Homes for sale near W Boundary Rd

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