Sold
Last Sold Price
56,628 Lot Size1.3 Acres
- Peninsula Rd, Ely, MN 55731
LandProperty Type
1.3 acresLot Size
  • Listed by: Phil Hyde 218.349.2797 phil@bearislandland.com • Bear Island Land Co., Inc
Listing closed: 11/18/2014 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 1977786

Recent comparable sales

Median sold price

$79,900

Avg days on market

420

Sale-to-list ratio

90.7%

Ely, MN

9 comparable properties found

$325,000 | 1361 Peninsula Road, Ely, MN 55731
1/37
1

$325,000

Sold 08/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.35
Acres
$79,900 | 3596 East Lake 4 Road, Ely, MN 55731
1/38
2

$79,900

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$75,000 | Tbd Fernberg Road, Ely, MN 55731
1/18
3

$75,000

Sold 11/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$85,000 | Tbd Queen's Bay Road, Ely, MN 55731
1/9
4

$85,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.20
Acres
$70,000 | Xxx Fernberg Road, Ely, MN 55731
1/25
5

$70,000

Sold 11/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$65,000 | Tbd Circle Drive, Ely, MN 55731
1/25
6

$65,000

Sold 07/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.3
Acres
$133,000 | Tbd Tbd Migisi Road, Ely, MN 55731
1/36
7

$133,000

Sold 09/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.15
Acres
$62,000 | Tbd Tbd Souja Road, Ely, MN 55731
1/39
8

$62,000

Sold 12/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.43
Acres
$83,500 | Xxxx Clark Lake Road, Ely, MN 55731
1/14
9

$83,500

Sold 03/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.64
Acres

Location

Listing Courtesy of Bear Island Land Co., Inc

Sold By Bear Island Land Co., Inc

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Property Information for - Peninsula Road

Property Details
  • Taxes: $810 / year
  • MLS Type: Land / Recreational
  • Waterfront Features: Inland Lake
  • Waterfront YN: Yes
  • Zoning: SMU-7
Building Information
  • Lot Size: 1.30 AC
Summary
Location and General Information
  • Directions: From Ely, go 12+/- miles west on Hwy 169 to Trygg Rd. Turn south and go +/-2 miles to Peninsula Rd.
  • Latitude: 48
  • Longitude: -92
  • Range: 14W
  • Waterfrontage Feet: 327
  • Year Round Access: Yes
  • MLSArea Major: LSAR
  • Road Frontage Type: Paved Road, Unpaved, County Road
  • Road Responsibility: Public Maintained Road, Year Round
School Information
  • High School District: Ely #696
Taxes and HOA
  • Twp Number: 62N
  • Parcel Number: 317-0230-00090
  • Tax Annual Amount: $810.48
  • Tax Legal Description: Lot 9, West Eagles Nest Shores Plat, Sec. 27, T62N, R14W
  • Tax Year: 2012
Property
Lot Information
  • Lot Features: Accessible Shoreline, Many Trees, High, Level
  • Lot Size Acres: 1.3
  • Lot Size Dimensions: 214 x 325
Property and Assessments
  • Available Development Units: ***
  • Improvements: Dock
  • Land Access: ***
  • Possession: Immediate
  • Property Sub Type: Recreational
  • Property Type: Land
  • Public Survey Section: 27
Utilities
  • Utilities: Electricity Available, None
  • Water Body Name: Eagles Nest 1
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction End Date: ***
  • Management Company: ***
  • Management Company Phone Email: ***
  • Transaction Type: For Sale
Rental
Rent Information
  • Lender Owned: Yes

Property History for - Peninsula Road

DateEvent & SourcePriceAppreciation
Nov 18, 2014

Sold

Lake Superior Area REALTORS #1977786

$79,900
Oct 27, 2014

Pending

Lake Superior Area REALTORS #1977786

Sep 25, 2013

Off Market

Lake Superior Area REALTORS #1600064

$199,000
DateEvent & SourcePrice
11/18/2014

Sold

Lake Superior Area REALTORS #1977786

$79,900
10/27/2014

Pending

Lake Superior Area REALTORS #1977786

09/25/2013

Off Market

Lake Superior Area REALTORS #1600064

$199,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near - Peninsula Road

This home is within St. Louis County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
Tower-Soudan Elementary School
PublicPK to 6

Northeast Range Secondary
Public7 to 12

North Woods Secondary
Public7 to 12

Cherry Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: - Peninsula Road, Ely, MN 55731
$79,900
56,628
2
1
836
77,497
3
1
1,070
57,119
$462,900
3
2,307
74,052
2.5
1,697
123,593
4
2.5
2,004
58,230

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Bear Island Land Co., Inc

Based on information submitted to the MLS GRID as of 05/02/2025 03:14 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.