Sold
Last Sold Price
3 beds1.75 baths2,497 sqft
1385 Peninsula Rd, Ely, MN 55731
Single FamilyProperty Type
5 acresLot Size
1978Year Built
$270/sq ftPrice per sq ft
2 carsParking Spaces

Description

Amazing house for sale! Eagles Nest Lake 2 home with circle driveway, walkout lower level, wrap around deck and portico. 5 acres of towering pines and 852 feet of shoreline resembling a private park! FireWise safe! Ledge rock outcroppings. Lake views from every window, perennial flower gardens. Dual fuel and off-peak electric heating (plus wood furnace), generator. Newer appliances and windows, lots of closets and storage. 3 bedrooms, master bath, guest bath, kitchen/dining room with center island...Amazing house for sale! Eagles Nest Lake 2 home with circle driveway, walkout lower level, wrap around deck and portico. 5 acres of towering pines and 852 feet of shoreline resembling a private park! FireWise safe! Ledge rock outcroppings. Lake views from every window, perennial flower gardens. Dual fuel and off-peak electric heating (plus wood furnace), generator. Newer appliances and windows, lots of closets and storage. 3 bedrooms, master bath, guest bath, kitchen/dining room with center island & Cambria countertops, living room with fireplace, foyer, Lower level rec room, bedroom and 4-season sun room on lakeside. 200 amp panels in the house and in the heated workshop attached to the 2 car garage. Wood shed and potting shed. Drilled well, lake water system and mound septic system. This is a must-see property to appreciate it!
  • Listed by: Karen Zupancich 218.349.2565 KarenZupancich@Edinarealty.com • Edina Realty, Inc.
Listing closed: 12/15/2023 12:00 AM • Source: Range Association of REALTORS as distributed by MLS GRID, MLS#: 145051

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Recent comparable sales

Median sold price

$759,000

Avg days on market

53

Sale-to-list ratio

95.4%

Ely, MN

9 comparable properties found

$780,000 | 1675 Bradach Road, Ely, MN 55731
1/56
1

$780,000

Sold 08/12/26

3
Bedrooms
1,916
Square Feet
11
Acres
$685,000 | 3622 Wildgate Road, Ely, MN 55731
2

$685,000

Sold 08/01/25

3
Bedrooms
2,297
Square Feet
1.13
Acres
$677,366 | 167 Sunset Road, Ely, MN 55731
1/41
3

$677,366

Sold 10/17/24

3
Bedrooms
2,520
Square Feet
2.7
Acres
$759,000 | 1876 Grant McMahan Boulevard, Ely, MN 55731
4

$759,000

Sold 05/06/25

3
Bedrooms
2,360
Square Feet
2.7
Acres
$785,000 | 13282 Lodge Road, Ely, MN 55731
1/41
5

$785,000

Sold 05/28/25

3
Bedrooms
2,650
Square Feet
1.8
Acres
$608,000 | 14511 Canadian Border Road, Ely, MN 55731
1/35
6

$608,000

Sold 06/13/25

3
Bedrooms
2,404
Square Feet
1.9
Acres
$735,000 | 118 Onigum Trail, Ely, MN 55731
1/51
7

$735,000

Sold 09/04/25

3
Bedrooms
2,189
Square Feet
1.06
Acres
$819,000 | 584 Riverview Road, Ely, MN 55731
1/37
8

$819,000

Sold 02/10/25

3
Bedrooms
2,108
Square Feet
2.4
Acres
$900,000 | 2375 Viste Point Road, Ely, MN 55731
1/84
9

$900,000

Sold 04/01/26

3
Bedrooms
2,706
Square Feet
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Acres

Location

Listing Courtesy of Edina Realty, Inc.

Sold By NON-MEMBER

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Property Information for 1385 Peninsula Road

Property Details
  • MLS Type: Residential / Single Family Detached
  • Architectural Style: One Story
  • Waterfront Features: Lake
  • Has Waterfront: Yes
Building Information
  • Stories: 1
  • Year Built: 1978
  • Lot Size: 5.00 AC / 217,800 SF
Summary
Location and General Information
  • Directions: from Ely Hwy 169 S to Trygg Road left on Peninsula Road to property on right Follow signs
  • Latitude: 47.824902
  • Longitude: -92.111081
  • MLS Area Major: LSAR
  • Township: 62
  • Water Body Name: Eagles Nest Lake 2
Taxes and HOA
  • Association: No
  • Parcel Number: 317-0230-00265, 00260
  • Tax Annual Amount: $4,696.00
  • Tax Year: 2023
School Information
  • High School District: Ely #696
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Door Opener
Property
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Acres: 5.0
  • Lot Size Dimensions: 712 x 95
  • Public Survey Section: 27
Property and Assessments
  • Above Grade Finished Area: 1387.0
  • Below Grade Finished Area: 581.0
  • Development Status: Previously Owned
  • Living Area: 2497.0
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1978
Building Features
  • Construction Materials: Cement Board
  • Foundation Details: Concrete
  • Roof: Asphalt
  • Stories: 1
  • Total Stories: 1
Utilities
  • Property Power Amperage: 400
  • Sewer: Septic Tank
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Fencing: Privacy
  • Patio And Porch Features: Deck, Porch, Covered, Enclosed
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater
  • Basement: Walk-Out Access
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Heating: Baseboard, Electric, Forced Air
  • Has Heating: Yes
  • Has Fireplace: Yes
  • Total Fireplaces: 2
  • Fireplace Features: Wood Burning
  • Laundry Features: Electric Dryer Hookup
  • Water Heater: Electric

Property History for 1385 Peninsula Road

DateEvent & SourcePriceAppreciation
Dec 15, 2023

Sold

Lake Superior Area REALTORS #6108224

$675,000—
Dec 14, 2023

Sold

Range Association of REALTORS #145051

$675,000—
Oct 14, 2023

Pending

Lake Superior Area REALTORS #6108224

—
DateEvent & SourcePrice
12/15/2023

Sold

Lake Superior Area REALTORS #6108224

$675,000
12/14/2023

Sold

Range Association of REALTORS #145051

$675,000
10/14/2023

Pending

Lake Superior Area REALTORS #6108224

—

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

Public Records for 1385 Peninsula Road

Taxable ValueLand$76,900Additions-Total$76,900
Tax Record2026$888 ($74 / month)
Home Facts
Beds0Lot Size117,444 SqFtStyleSingle Family ResidenceZoningSMUCountyST. LOUISAPN317-0230-00260

Schools near 1385 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: 1385 Peninsula Road, Ely, MN 55731
$675,000
3
1.75
2,497
217,800
$325,000
–
–
–
145,926
$497,000
2
1.5
884
230,091
–
2
1
768
19,621
–
2
1
768
209,214
–
–
–
–
37,420

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 Edina Realty, Inc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the RAOR - Range Association of REALTORS®. Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Compass and its related brokerages is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass and its related brokerages, a broker Participant of the RAOR - Range Association of REALTORS®. 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.