Sold
Last Sold Price
2,613,600 Lot Size60 Acres
tbd Nels Lake Rd, Ely, MN 55731
LandProperty Type
60 acresLot Size

Description

60 Acres near Nels Lake & Regenbogen60 Acres near Nels Lake & Regenbogen
  • Listed by: Anna Yahnke 218.235.3547 ayahnke@bearislandrealty.com • Bear Island Realty LLC
  • Listed by: Kate Davies 218.343.9173 kate@bearislandrealty.com • Bear Island Realty LLC
Listing closed: 10/14/2022 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6106028

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Recent comparable sales

Median sold price

$200,000

Avg days on market

145

Sale-to-list ratio

90.9%

Ely, MN

9 comparable properties found

$120,000 | Tbd Echo Trail, Ely, MN 55731
1/29
1

$120,000

Sold 01/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26
Acres
$200,000 | Xxx2 Xxx2 Powerhouse Trail, Ely, MN 55731
1/12
2

$200,000

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.9
Acres
$212,000 | Xxx8 Xxx8 Powerhouse Trail, Ely, MN 55731
1/13
3

$212,000

Sold 01/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.1
Acres
$165,112 | Xxx10 Xxx10 Powerhouse Trail, Ely, MN 55731
1/11
4

$165,112

Sold 09/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.4
Acres
$215,000 | Xxx4 Xxx4 Powerhouse Trail, Ely, MN 55731
1/15
5

$215,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.6
Acres
$217,000 | 1950 Haapala Road, Ely, MN 55731
1/11
6

$217,000

Sold 04/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.5
Acres
$159,000 | Tbd Snowbank Lake Road, Ely, MN 55731
1/22
7

$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
8

$246,000

Sold 08/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.4
Acres
$125,000 | 9393 Birch Lake Road, Ely, MN 55731
1/51
9

$125,000

Sold 10/21/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
14.81
Acres

Location

Listing Courtesy of Bear Island Realty LLC

Sold By Bear Island Realty LLC

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Property Information for Tbd Nels Lake Road

Property Details
  • Taxes: $1,116 / year
  • MLS Type: Land / Recreational
  • Waterfront YN: No
Building Information
  • Lot Size: 60.00 AC
Summary
Location and General Information
  • Directions: From Ely, Take Echo Trail to Nels Lake Rd to property
  • Latitude: 48
  • Longitude: -92
  • MLSArea Major: LSAR
  • Road Frontage Type: Unpaved
  • Road Responsibility: None
Parking
  • Parking Features: Gravel
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association YN: No
  • Parcel Number: 613-0010-02710,02740
  • Tax Annual Amount: $1,116.00
  • Tax Legal Description: NE/SE & SE/SE except W1/2, Section 18, T64N, R12W
  • Tax Year: 2022
Property
Lot Information
  • Lot Features: Low, Ravine, High
  • Lot Size Acres: 60.0
  • Lot Size Dimensions: 1320 X 1320, 660 X 1320
Property and Assessments
  • Available Development Units: ***
  • Improvements: Survey Stakes
  • Land Access: ***
  • Land Improvements: 0
  • Possession: Immediate
  • Property Sub Type: Recreational
  • Property Type: Land
Utilities
  • On Site Utilities: None
  • Utilities: None
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2022-10-18
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: None
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for Tbd Nels Lake Road

DateEvent & SourcePriceAppreciation
Oct 14, 2022

Sold

Lake Superior Area REALTORS #6106028

$189,000—
Sep 12, 2022

Pending

Lake Superior Area REALTORS #6106028

—
Sep 12, 2022

Listed (Active)

Lake Superior Area REALTORS #6106028

$189,000—
DateEvent & SourcePrice
10/14/2022

Sold

Lake Superior Area REALTORS #6106028

$189,000
09/12/2022

Pending

Lake Superior Area REALTORS #6106028

—
09/12/2022

Listed (Active)

Lake Superior Area REALTORS #6106028

$189,000

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

Schools near Tbd Nels Lake 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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$390,000 | 0 Fernberg Road, Ely, MN 55731
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$198,500 | 218 North 1st Avenue East, Ely, MN 55731
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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Tbd Nels Lake Road, Ely, MN 55731
$189,000
–
–
–
2,613,600
–
2
1.5
704
871,200
–
2
0.75
720
871,200
–
2
1
800
1,742,400
–
–
–
–
6,378,055
$265,000
3
2,528
871,200

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 09/09/2025 03:43 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.