2 months on rocket

1271 Walsh Rd, Ely, MN, 55731

$525,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontLake Front
ViewBay, Other
MLS #6492932
StatusActive

About 1271 Walsh Rd

Remarkable 1433' shoreline and 8.3 acres located on peaceful Eagles Nest Lake 2. You must see this property to truly appreciate the beauty and privacy. Incredible building site on Lot 2 with high ground over looking your own private bay. Lot 1 offers a groomed path to the level lakeshore area perfect for swimming, relaxing and soaking up the sun. Enjoy the breathtaking West facing sunset views. Lake 2 is appx. 388 acres w/8 miles of shoreline and is appx. 39' at it's deepest point with a variety of fish including Walleye, Bass, and Northern Pike just to name a few. Don't miss out on this rare find! Absolute tranquility and natural beauty awaits you. Check out the virtual tour link.

Property Details

Property Features

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Bay, Other

Virtual/3D Tour

  • Virtual Tour: 1271 Walsh Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Irregular Lot, Some Trees

School Info

Assigned Schools Information:

  • Northeast Range Secondary School, Public District Grades 7-12
  • Tower-Soudan Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Hwy 169 toward Ely, turn South on Bear Head State Park Road, turn right on Walsh Road to Fire #1271, right side of road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
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Housing Market Comparison

See how this home compares to others in Ely, MN.

Med. Sold Price

$236K

Med. Price/SqFt

$173

Avg. Days On Market

293

# of Sold Homes

2

1271 Walsh Rd vs Ely

65 DAYS ON ROCKET

-228 Days

$525,000

+$289K More

KEY TAKEAWAY

This property is $289K more than the Median Sold Price in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6492932

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1513415
5
/10
  • Tower-Soudan Elementary School

  • 415 North 2nd St

  • 7.63 miles

  • Public District Grades PK-6

High School

school-card-donut-1513416
6
/10
  • Northeast Range Secondary School

  • 30 South Dr

  • 10.22 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,340. Residents of Ely, MN typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1271 Walsh Rd

What is the listing price of this property?

The listing price of 1271 Walsh Rd property is $525,000.

What type of property is this?

The property 1271 Walsh Rd is land located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 1271 Walsh Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1271 Walsh Rd are:
Tower-Soudan Elementary School: GreatSchools Rating 5/10
Northeast Range Secondary School: GreatSchools Rating 6/10
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Rocket HomesMinnesotaSaint Louis CountyEly557311271 Walsh Rd

This home is located at 1271 Walsh Rd in Ely, MN and zip code 55731. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $525,000.

While more than 0 listings in Ely, MN in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. Between February 2024 and March 2024, Ely, MN real estate market has seen increase in the number of listings by 4.5%. Listings spent 293 days on the market in March 2024, and had a median list price of $236,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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