Last Sold Price
192 sqft$779/sqft
2260 Gold Mine Rd, Ely, MN 55731

Description

Located just a few miles west of Ely is this approx. 30 acre pine covered parcel with a very cute and efficient simple cabin to serve as your northwoods getaway! The property has rolling hills and hundreds of very large red and white pine trees, along with other mature tree cover! The cabin is 12x16 and has electricity, propane heat, a refrigerator, microwave, kitchen counter, and a loft for sleeping. There is a nice outhouse behind the cabin that even has electricity run to it! The property has...Located just a few miles west of Ely is this approx. 30 acre pine covered parcel with a very cute and efficient simple cabin to serve as your northwoods getaway! The property has rolling hills and hundreds of very large red and white pine trees, along with other mature tree cover! The cabin is 12x16 and has electricity, propane heat, a refrigerator, microwave, kitchen counter, and a loft for sleeping. There is a nice outhouse behind the cabin that even has electricity run to it! The property has a number of building sites if a new owner wants to build a bigger cabin, or a year around home. The property is located 1.2 miles up Gold Mine Road, a very scenic winding gravel road. There is a road association that is set up to take care of road maintenance and snow plowing in the winter. The current cost is $450 per year. Come enjoy this large acreage and comfortable cabin just a short drive from Ely!
LISTING CLOSED: 07/18/2025 12:00 AM

  1. Listed by Jeff Hway • Bear Island Realty LLC
    P: (218) 349-0906 jeff@bearislandrealty.com
  2. Listed by Zachary Hway • Bear Island Realty LLC
    P: (651) 341-0383 zack@bearislandrealty.com

Property Details for 2260 Gold Mine Road

Status
MLS #
6119658
Days on Compass
11
Taxes
$927 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Other
MLS Type
Residential / Seasonal
Year Built
2002
Lot Size
30.00 AC / 1,306,800 SF
Architectural Style
Rustic
View
Typical
Waterfront YN
No

Recent comparable sales

Median sold price

$120,000

Avg days on market

128

Sale-to-list ratio

89.0%

Ely, MN

9 comparable properties found

$120,000 | Xxx Wolf Lake Road, Ely, MN 55731
1/28
1

$120,000

Sold 10/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
14.6
Acres
$66,750 | Tbd Longstorff Road, Ely, MN 55731
1/23
2

$66,750

Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.60
Acres
$75,000 | 169 Highway 169, Ely, MN 55731
1/9
3

$75,000

Sold 01/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.4
Acres
$120,000 | 4002 Shilo Trail, Ely, MN 55731
1/16
4

$120,000

Sold 05/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
740
Square Feet
40
Acres
5

$135,000

Sold 10/29/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.59
Acres
$105,000 | Tbd Lindbeck Road, Ely, MN 55731
1/45
6

$105,000

Sold 06/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9
Acres
$120,000 | Tbd Echo Trail, Ely, MN 55731
1/29
7

$120,000

Sold 01/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26
Acres
$65,000 | 6-xxx Pioneer Junction Road, Ely, MN 55731
1/11
8

$65,000

Sold 02/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20
Acres
$175,000 | Tbd Burntside Lake Road, Ely, MN 55731
1/14
9

$175,000

Sold 06/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.66
Acres

Location

Listing Courtesy of Bear Island Realty LLC

Sold By Nonmember Office

Add your commute

Building Information for 2260 Gold Mine Road

Stories1Residences-Year Built2002Lot Size30.00 AC / 1,306,800 SF

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30 year fixed, 6.55% Interest

Principal and Interest

$760

Property Taxes

$77

HOA Dues

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Property Information for 2260 Gold Mine Road

Summary
Location and General Information
  • Directions: From Ely, take Hwy 169 west Grant McMahan Blvd.. Turn right and follow to the Goldmine Road on the right. Turn right and follow 1.2 miles to the property.
  • Latitude: 48
  • Longitude: -92
  • MLSArea Major: LSAR
  • Road Frontage Type: Private Road
  • Road Responsibility: Private Maintained Road
  • Township: Morse township (St. Louis County)
  • Zoning Description: Residential
Parking
  • Garage Spaces: 0.0
  • Garage Type: None
  • Parking Features: Off Street
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 1012
  • Parcel Number: 465-0020-04310
  • Tax Annual Amount: $927.00
  • Tax Legal Description: Detailed legal description in Section 30, T63N, R12W. See attached legal.
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Finished Area: 192.0
  • Below Grade Finished Area: 0.0
  • Living Area: 192.0
  • Lot Size Acres: 30.0
  • Lot Size Dimensions: 1200 x 1200
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 12 x 16
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 85
  • Land Access: ***
  • Possession: Immediate
  • Property Sub Type: Seasonal
  • Property Type: Residential
  • Year Built: 2002
Utilities
  • Sewer: Outhouse
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Foundation Details: Other
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • Basement: Crawl Space
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 0
  • Cooling: None
  • Fireplace YN: No
  • Heating: Propane
  • Basement Features: N/A
  • Bath Description: None
  • Dining Room Type: Combine with Kitchen,Combine with Living Room
  • Main Floor Bedroom: 0
  • Window Features: Wood Frames
Room Information
Room 1
  • RoomDescription: One room cabin with small sleeping loft
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 16.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2025-05-29
  • 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 2260 Gold Mine Road

DateEvent & SourcePriceAppreciation
Jul 18, 2025

Sold (Public Record)

Public Record #1912664532

$149,500

+5.5% / yr

Jul 18, 2025

Sold

Lake Superior Area REALTORS #6119658

$149,500
Jun 8, 2025

Pending

Lake Superior Area REALTORS #6119658

DateEvent & SourcePrice
07/18/2025

Sold (Public Record)

Public Record #1912664532

$149,500

+5.5% / yr

07/18/2025

Sold

Lake Superior Area REALTORS #6119658

$149,500
06/08/2025

Pending

Lake Superior Area REALTORS #6119658

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

Public Records for 2260 Gold Mine Road

Taxable ValueLand$109,500Additions$9,000Total$118,500
Tax Record2026$1,018 ($85 / month)
Home Facts
Beds1Total Finished SqFt216 SqFtAbove Grade Finished SqFt216 SqFtStories1Lot Size1,301,573 SqFtStyleMiscellaneous ResidentialZoningFAMCountyST. LOUISAPN465-0020-04310

Schools near 2260 Gold Mine Road

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Memorial Secondary
Public9 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: 2260 Gold Mine Road, Ely, MN 55731
$149,500
192
1,306,800
$250,000
2
1,300
762,300
$250,000
2
1.75
1,938
742,698
753,588
$65,000
749,232
2
1.5
1,232
1,608,235

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.

Listing Courtesy of Bear Island Realty LLC

Based on information submitted to the MLS GRID as of 09/08/2025 06:30 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.