$34,000
SOLD DEC 15, 2025

TBD Minnesota 169 Ely, MN 55731

8.5 Acres
$4,000 Price per Acre
370,260 Sq Ft Lot

Recently Sold

30% Below List Price

81 Days on Market

Highlights

  • 8.5 Acre Lot
  • No HOA
  • Level Lot
  • Memorial High School Rated 9+
  • Landscaped with Trees
  • 2-minute walk to Whiteside Park

About This Lot

As of December 2025

Discover the perfect Northwoods parcel with this 8.5-acre wooded property located just outside of Ely along Highway 169. Offering both convenience and privacy, the land adjoins federal land to the north, creating a natural buffer and direct access to public lands for endless outdoor recreation. The Mesabi Bike Trail runs along the northern edge of the property, providing a unique opportunity to hop on one of Minnesota’s most scenic trails right from your land. With a mix of mature tree cover and nearby amenities, this property is ideal for a future home, recreational retreat, or simply want a private spot to park your camper, this property is a fantastic opportunity. Enjoy endless outdoor recreation with biking, hiking, fishing, hunting, and the charm of Ely all within easy reach.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 08/28/2025

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Property Details

Property Type

  • Land

Lot Details

  • 8.5 Acre Lot
  • Lot Dimensions are 623x1033x48x1255
  • Property fronts a state road
  • Level Lot
  • Landscaped with Trees

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: 4 miles west of Ely on Hwy 169. Sign on the property. Park at Fire #2830 and walk across the Highway.
  • L O1 Office Phone1 Number: 763-463-7500
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Mixed Use
  • Tax Year: 2025
  • Twp Number: 62N
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: State

Utilities

  • Available Utilities: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 623x1033x48x1255
  • Estimated Number of Acres: 8.5
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Tree Coverage - Medium, Level

Rental Info

  • Lease Terms: Cash, Conventional
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 Sold $34,000 -12.8% --
11/17/2025 11/17/25 Pending -- -- --
10/16/2025 10/16/25 Price Changed $39,000 -19.6% --
08/28/2025 08/28/25 For Sale $48,500 +21.3% --
09/17/2024 09/17/24 Sold $40,000 -11.1% -- View Prior Sale
08/02/2024 08/02/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $45,000 +28.6% --
11/25/2020 11/25/20 Sold $35,000 0.0% -- View Prior Sale
10/06/2020 10/06/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $35,000 +40.0% --
05/11/2018 05/11/18 Sold $25,000 -62.1% -- View Prior Sale
02/28/2018 02/28/18 Pending -- -- --
05/24/2017 05/24/17 Sold $66,000 +164.0% -- View Prior Sale
04/13/2017 04/13/17 Pending -- -- --
03/04/2016 03/04/16 For Sale $25,000 -62.1% --
03/04/2016 03/04/16 For Sale $66,000 -- --
Source: Lake Superior Area REALTORS®

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6121612