2331 Old Hwy 169, Ely, MN, 55731
About This Home
OPEN HOUSE: Click link for 3D Virtual Tour. Ely Country Home On 11.5 acres, just 5 miles south of Ely set back off Highway 169. 1B/1B yr rnd home, screen porch has potential to become second bedrm. 4920SF storage bldg has 17ft high double doors on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & huge space for indoor storage. Drilled well. Good internet. Area for garden. Looking to start/expand your business—part of this property has excellent visibility from the corner of Hwy 169 & Grand McMahon. Move in ready!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Previously Owned
- Year built: 1989
Materials
- Roof: Asphalt Shingle,Metal
- Construction materials: Metal,Wood,Frame/Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: N/A
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 720
Garage
- Area: 4920
Heating & Cooling
- Heating features: Dual Fuel/Off Peak
- Cooling features: None
Interior Area
- Total interior livable area: 720 sqft
Property
Details
- Parcel number: 465004005841
- Foundation area: 720
Lot
- Lot size: 11.50 Acres
- Lot size dimensions: 982 x 668
Parking
- Total spaces: 3
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Lightning
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in St. Louis County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,916 | $22,992 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $267 | $3,204 |
| Electricity | $170 | $2,050 |
| Total | $2,519 | $30,228 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Listed for sale | $379,000 |
| 2021-04-28 | Sold | $165,000 |
View on Zillow