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Sold for $35,000
  • $35,000

    2519 Bear Island River Rd, Ely, MN 55731

    --beds
    --baths
    5.57Acres
    Mixed Use
    Built in ----
    5.57 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,323 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,323/mo

    Zestimate® history
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    What's special

    WOW! Winter Wonderland in the Woods AND Your All season Launch Point to Volumes of Lakes, Trails and countless acres of the Northland Playgrounds! This 5.57 acre parcel is loaded with huge Red Pines, Birch, and other trees of the boreal forest. It is partially improved with a building pad, power is close by, internet from fiber at Bear Island River Road or from the sky so you can desk jockey from the woods, and it is located only 15 mins from Ely and 18 mins from Babbitt. You will be perfectly positioned to build your tiny home, magnificent log home or park your RV on this beautiful parcel located in an unorganized plat. Oh - lets not forget it borders 55.75 acres of Federal Land with 1850 feet of shore line on Bear Island lake directly to the west AND 40 acres of State of MN Land to the North. Don't miss out on this one...

    Zillow last checked: 7 hours ago

    Listing updated: September 09, 2025 at 01:44pm

    Listed by:

    Jim Burke 218-235-8619,

    Keller Williams Classic Realty NW

    Bought with:

    Nonmember NONMEMBER

    Nonmember Office

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6111940MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Gravel, Off Street
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: Typical
    Lot
    • Size: 5.57 Acres
    • Dimensions: 633' x 478' x 982' x 300'
    • Features: Irregular Lot, Low, Many Trees, High, Level, Rolling Slope
    • Residential vegetation: Heavily Wooded
    Details
    • Parcel number: 625001001383
    • Wooded area: 217800

    Utilities & green energy

    • Electric: Lake Country Power
    • Utilities for property: Fiber Optic, Satellite, Electricity Available, Private Septic Available, Private Well Available

    Community & neighborhood

    Location
    • Region: Ely

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/20/2024Sold$35,000-30%
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940 Report a problem
    12/9/2024Pending sale$50,000
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940 Report a problem
    8/31/2024Price change$50,000-9.1%
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940 Report a problem
    5/30/2024Price change$55,000-6.8%
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940 Report a problem
    5/11/2024Price change$59,000-5.6%
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111940 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$302 +1.3%$39,600 +13.5%
    2023$298 +8%$34,900 +9.7%
    2022$276 -2.1%$31,800 +20.9%

    Find assessor info on the county website

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating