Last Sold Price
548,856 Lot Size12.6 Acres
12 Rd Ely Mn 55731 Rd, Ely, MN 55731

Description

Gorgeous larger than average lake parcel on beautiful Ojibway Lake. Parcel features 353+/- feet of shoreline with southern exposure, large pines, breathtaking view, and ledge rock outcroppings. Ojibway Lake is a deep, clear water lake that offers serenity and privacy with very little private ownership. You can portage from Ojibway to Triangle Lake, another stunning lake reminiscent of the BWCA. Build your northwoods get away on this ultimate parcel! SllsGorgeous larger than average lake parcel on beautiful Ojibway Lake. Parcel features 353+/- feet of shoreline with southern exposure, large pines, breathtaking view, and ledge rock outcroppings. Ojibway Lake is a deep, clear water lake that offers serenity and privacy with very little private ownership. You can portage from Ojibway to Triangle Lake, another stunning lake reminiscent of the BWCA. Build your northwoods get away on this ultimate parcel! Slls
LISTING CLOSED: 12/03/2021 12:00 AM

  1. Listed by Kate Davies • Bear Island Realty LLC
    P: (218) 343-9173 kate@bearislandrealty.com
  2. Listed by Anna Yahnke
    P: (218) 235-3547 ayahnke@bearislandrealty.com

Property Details for 12 Rd Ely Mn 55731 Road

Status
MLS #
6097920
Days on Compass
121
Taxes
$1,552 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Recreational
Year Built
-
Lot Size
12.60 AC
View
Inland Lake
Waterfront Features
Inland Lake
Waterfront YN
Yes

Recent comparable sales

Median sold price

$212,000

Avg days on market

125

Sale-to-list ratio

93.7%

Ely, MN

9 comparable properties found

$159,000 | Tbd Snowbank Lake Road, Ely, MN 55731
1/22
1

$159,000

Sold 12/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.08
Acres
$246,000 | 5 Fernberg Road, Ely, MN 55731
1/12
2

$246,000

Sold 08/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.4
Acres
$215,000 | Xxx4 Xxx4 Powerhouse Trail, Ely, MN 55731
1/15
3

$215,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.6
Acres
$212,000 | Xxx8 Xxx8 Powerhouse Trail, Ely, MN 55731
1/13
4

$212,000

Sold 01/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.1
Acres
$217,000 | 1950 Haapala Road, Ely, MN 55731
1/11
5

$217,000

Sold 04/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.5
Acres
$200,000 | Xxx2 Xxx2 Powerhouse Trail, Ely, MN 55731
1/12
6

$200,000

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.9
Acres
$75,000 | Tbd Fernberg Road, Ely, MN 55731
1/18
7

$75,000

Sold 11/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$275,000 | Xxx Burntside Lake Road, Ely, MN 55731
1/28
8

$275,000

Sold 10/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.5
Acres
$52,000 | Tbd Canadian Border Road, Ely, MN 55731
1/2
9

$52,000

Sold 09/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.35
Acres

Location

Listing Courtesy of Bear Island Realty LLC

Sold By Bear Island Realty LLC

Add your commute

Building Information for 12 Rd Ely Mn 55731 Road

Lot Size12.60 AC

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$1,298 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,169

Property Taxes

$129

HOA Dues

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Property Information for 12 Rd Ely Mn 55731 Road

Summary
Location and General Information
  • Directions: From Ely follow Hwy 169 east out of Ely +/- 16 miles (turns into Fernberg Tr.) Turn right onto Old County Road 18. Turn left on the Section 12 Road.
  • Latitude: 48
  • Longitude: -92
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Rocky
  • Waterfront Access: Private
  • Waterfrontage Feet: 353
  • MLSArea Major: LSAR
  • Road Frontage Type: None
  • Road Responsibility: Private Maintained Road
School Information
  • High School District: Ely #696
Taxes and HOA
  • Parcel Number: 28-6310-12910, 12915
  • Tax Annual Amount: $1,552.02
  • Tax Legal Description: Part of Gov't Lot 5, Sec. 12, T63N, R10W. Full legal available.
  • Tax Year: 2021
Property
Lot Information
  • Lot Features: Accessible Shoreline, Many Trees, Rolling Slope
  • Lot Size Acres: 12.6
  • Lot Size Dimensions: 1260 x 450
Property and Assessments
  • Development Status: Raw Land
  • Available Development Units: ***
  • Land Access: ***
  • Land Improvements: 0
  • Possession: Immediate
  • Property Sub Type: Recreational
  • Property Type: Land
Utilities
  • On Site Utilities: None
  • Utilities: Electricity Available, Telephone Available
  • Water Body Name: Ojibway
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2021-06-25
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 12 Rd Ely Mn 55731 Road

DateEvent & SourcePriceAppreciation
Dec 3, 2021

Sold

Lake Superior Area REALTORS #6097920

$230,000
Oct 24, 2021

Pending

Lake Superior Area REALTORS #6097920

Jun 25, 2021

Listed (Active)

Lake Superior Area REALTORS #6097920

$325,000
DateEvent & SourcePrice
12/03/2021

Sold

Lake Superior Area REALTORS #6097920

$230,000
10/24/2021

Pending

Lake Superior Area REALTORS #6097920

06/25/2021

Listed (Active)

Lake Superior Area REALTORS #6097920

$325,000

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

Schools near 12 Rd Ely Mn 55731 Road

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
William Kelley Elementary School
PublicPK to 5

Kelley Secondary
Public6 to 12

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: 12 Rd Ely Mn 55731 Road, Ely, MN 55731
$230,000
548,856
$230,000
370,260
1
1
960
481,774
$325,000
420
156,816
1
1
768
298,822
2
1
1,368
72,745

Explore Nearby Homes

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 Realty LLC

Based on information submitted to the MLS GRID as of 05/02/2025 03:46 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.