3 years on rocket

TBD Queens Bay Rd, Ely, MN, 55731

$129,000

8.20 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontLake
ViewLake
MLS #6032946
Lot Size8.20 Acres
StatusActive
(ACTIVE)

About TBD Queens Bay Rd

8.2 Acres & +/- 623 feet of southwest facing Garden Lake shoreline. Diverse terrain with an elevated building site offering views down the bay. There are numerous other building site options away from the lake on the other side of the access road that divides this property. The shoreline is wetland for a significant distance before reaching the very shallow edge of water to the bay. The bay this property is located on has a soft bottom, with a thick level of weeds, and is challenging to navigate a watercraft through. The bay is only a few feet deep; this varies either way depending on the water levels related to seasonal precipitation levels. This property offers: survey, privacy, septic approval & power within property boundaries. To the NE, 40 acre parcels of federal land enhance the privacy of this wilderness setting. The neighbor to the south has built a driveway with the granted easement that runs along the East boundary line of this property. Garden Lake is part of the “chain of lakes” where boating directly to Farm and White Iron Lakes is possible and greatly extends your recreating area. A short distance from the BWCAW and easily accessed from a private association maintained road. This property has been privately owned by one family for over 60 years and is now offered to the public. Own your piece of the north woods, a beautiful canvas for your dream home or cabin.

Property Details

Property Features

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Patricia Bulinski

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Lake

Lot Features

Lot Information:

  • Lot: Irregular Lot, Some Trees, Rolling/Hilly
  • Lot Size: 8.20 Acres

School Info

Assigned Schools Information:

  • Two Harbors Secondary School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Ely, travel east on Hwy 169 for +/- 6 miles, it will become the Fernberg Trail. Continue on to Queen's Bay. Follow until you turn left & follow to signs and property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,000
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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

TBD Queens Bay Rd vs Ely

1118 DAYS ON ROCKET

+825 Days

$129,000

-$107K Less

KEY TAKEAWAY

This property is $107K less than the Median Sold Price in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6032946

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Patricia Bulinski

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 11:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$711

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$453

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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.

High School

school-card-donut-767198
6
/10
  • Two Harbors Secondary School

  • 1640 Highway 2

  • 60.52 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,643. The majority of Ely, MN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD Queens Bay Rd

What is the listing price of this property?

The listing price of TBD Queens Bay Rd property is $129,000.

What type of property is this?

The property TBD Queens Bay Rd is land located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: TBD Queens Bay 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 TBD Queens Bay Rd are:
Two Harbors Secondary School: GreatSchools Rating 6/10

How much acreage is this property?

The property TBD Queens Bay Rd is 8.20 acres.
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Rocket HomesMinnesotaSaint Louis CountyEly55731TBD Queens Bay Rd

This home is located at TBD Queens Bay Rd in Ely, MN and zip code 55731. This home sits on a 8.20 acre lot. It has been listed on Rocket Homes since March 28, 2021 and is currently priced at $129,000.

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. The number of listings in Ely, MN increased by 4.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $236,000, while the average time on the real estate market was 293 days.

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

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