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Sold for $240,000 on 08/29/25
  • $240,000

    Xxx5 Powerhouse Trl LOT 5, Ely, MN 55731

    --beds
    --baths
    2.4Acres
    Unimproved Land
    Built in ----
    2.4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

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    Not available

    Zestimate® history
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    What's special

    The building site on this +-2.4 acre parcel sit high above the tree tops overlooking most of Fall Lake. Imagine how spectacular the Northern Lights views would be from your front deck. Getting down to the +-315' of rocky shoreline is steep but walkable with some trail improvement through the beautiful Cedar and Pine trees. This parcel would be easy to develop as it is mostly flat with short distances for power and driveway.

    Zillow last checked: 8 hours ago

    Listing updated: September 09, 2025 at 01:45pm

    Listed by:

    Chris Eilrich 218-343-6169,

    Wildwoods Land Company,

    Don Stocks 218-340-1353,

    Wildwoods Land Company

    Bought with:

    Anna Yahnke, MN 20593852

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors,MLS#: 6117110MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Inland Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky)
    • Body of water: Fall
    • Frontage length: 315
    Lot
    • Size: 2.40 Acres
    • Dimensions: 113 x 410 x 315 x 522
    • Features: Accessible Shoreline, Irregular Lot, Many Trees, High, BWCA Access
    • Residential vegetation: Heavily Wooded
    Details
    • Parcel number: 28636701050

    Utilities & green energy

    • Electric: Lake Country Power
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Ely

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $316 annually
    • Services included: Other, Snow Removal

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/29/2025Sold$240,000-7.3%
    Source: Lake Superior Area Realtors #6117110
    8/8/2025Pending sale$259,000
    Source: Lake Superior Area Realtors #6117110
    7/4/2025Contingent$259,000
    Source: Lake Superior Area Realtors #6117110
    11/25/2024Listed for sale$259,000
    Source: Lake Superior Area Realtors #6117110

    Public tax history

    Tax history is unavailable.

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.