XXX Fall Lake Rd, Ely, MN 55731
OFF MARKET

$106,000

Trulia Estimate
  • 1 Bed
  • 320 sqft (on 1.25 acres)

XXX Fall Lake Rd, Ely, MN 55731

Est. Refi. Payment $726/mo*
Refinance Your Home
Currently Off Market - Sold Apr 25, 2019 for $40,000

Home Value

Trulia Estimate
$106K
Since last month
Increased$900 (+0.8%)
Since last year
Decreased$13K (-11%)
Since last sale
Increased$67K (+167.3%)
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 -11% in the last 10 years
MonthEstimated value
2026
August 2026$107K
August 2026$106K
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
631 Circle Dr, Ely, MN
0.86
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
14108 Fall Lake Rd, Ely, MN
0.51
Single-Family Home
$359,000
05/29/26
2
2
3,274
1152 Fernberg Rd, Ely, MN
2.46
Single-Family Home
$150,000
07/24/26
1
1
516
632 Voyageur Rd, Ely, MN
3.47
Single-Family Home
$475,000
08/28/26
2
1
1,335
386 Garden Lake Rd, Ely, MN
2.98
Single-Family Home
$419,000
12/08/25
3
2
2,281
13408 Black Bear Tr, Ely, MN
3.79
Single-Family Home
$210,000
09/25/25
2
1
614
607 N Main St, Winton, MN
3.62
Single-Family Home
$415,000
03/06/26
2
1
1,088
540 Loop Rd, Ely, MN
3.59
Single-Family Home
$710,000
02/06/26
3
2
3,160
13436 Bear Paw Trail, Ely, MN
3.64
Single-Family Home
$460,000
09/12/25
2
1
721

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
TBD Fall Lake, Winton, MN 55796
0.02
$410,200
2
-
800
Off Market
14108 Fall Lake Rd, Ely, MN 55731
0.51
$359,000
2
2
3,274
Recently Sold
631 Circle Dr, Ely, MN 55731
0.86
$805,000
3
2.5
2,373
Recently Sold
TBD Circle Dr, Ely, MN 55731
0.90
$65,000
-
-
-
Recently Sold
611 Circle Dr, Ely, MN 55731
0.93
$627,300
3
1
1,253
Off Market
14057 Fall Lake, Ely, MN 55731
1.07
$244,200
2
-
457
Off Market
14015 Romberg Shores Rd, Ely, MN 55731
1.12
$637,400
3
2
2,294
Off Market
xxxx Circle Dr, Ely, MN 55731
1.12
-
-
-
-
Off Market
470 Shady Ln, Ely, MN 55731
1.13
$669,700
2
1
1,195
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 1930
1.25 acre lot
320 sqft
$331/sqft

About this House

BWCA is a minute away from this property. A beautiful southern exposure on 340 feet of sand beach on Fall Lake just minutes from Ely is the setting of this hand hewn rustic cabin with enclosed porch. This cabin would require some restoration and repair. The lot has mature Red Norway Pine, Maple and Birch adornng this property. This is a water access property.
XXX Fall Lake Rd, Ely, MN 55731 is a 1 bedroom, 320 sqft single-family home built in 1930. It last sold for $40,000 on Apr 25, 2019 (47% below the $75,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $106,000, with a rent estimate of $983/month.
Last check for updates: about 15 hours ago
Listed by Jerry Fink, (218) 343-1318
Canoe Capital Realty, LLC
Bought with: Anna Yahnke, (218) 235-3547, Bear Island Land Co., Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6028537

Home Details for XXX Fall Lake Rd

Interior Features

Interior Details
Basement: PostsNumber of Rooms: 1Types of Rooms: Great Room
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1
Dimensions and Layout
Living Area: 320 Square FeetFoundation Area: 384
Heating & Cooling
Heating: WoodHas HeatingHeating Fuel: Wood
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)On Waterfront
Water & Sewer
Sewer: NoneWater Body: Fall
Farm & Range
Frontage Length: 340
Finished Area
Finished Area (above surface): 320 Square Feet

Days on Market

Cumulative Days on Market: 692

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rustic
Building
Construction Materials: Wood, Log Home
Property Information
Condition: Previously OwnedParcel Number: 28631116310

Price & Status

Price
List Price: $75,000
Status Change & Dates
Off Market Date: Mon Mar 25 2019

Active Status

MLS Status: SOLD

Location

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

Lot Information

Lot Area: 1.25 Acres

Miscellaneous

BasementMls Number: 6028537Above Grade Unfinished Area: 320

Price and Tax history

DateEventPrice
Apr 25, 2019
Source: Lake Superior Area Realtors as distributed by MLS GRID #6028537
Sold
$40,000

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
    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 2026-09-12 00:12:52 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 XXX Fall Lake Rd

  • What is XXX Fall Lake Rd estimated to be worth?
    Trulia's estimated value for XXX Fall Lake Rd in Ely, MN is $106,000.
  • What is the price history for XXX Fall Lake Rd?
    XXX Fall Lake Rd in Ely, MN last sold for $40,000 in April 2019.
  • 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 XXX Fall Lake Rd?
    The lot at XXX Fall Lake Rd in Ely, MN is about 1.3 acres.

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