$325,000

1361 Peninsula Rd Ely, MN 55731

3.4 acres
Land

Property details

About 1361 Peninsula Rd

SPECTACULAR 3+ acre lake lot on highly sought after Eagles Nest 2 with 350' of fabulous shoreline! Amazing views of the crystal clear water are breathtaking from the elevated ledge rock build site. Towering pines and beautiful cedars at the water's edge create a quiet, private setting for your dream cabin or year round home. Stroll down an established path to enjoy the south facing shoreline. A level area near the water is perfect for gathering around a firepit or enjoying a book in a hammock. Don't miss this amazing opportunity!

Highlights

Home typeUnimproved Land
StatusActive
(ACTIVE)
Lot size3.35 Acres
MLS #6120387
WaterfrontLake
ViewLake

Summary

  • Waterfront: Lake
  • View: Lake
  • List Price: $325,000
  • Lot: Accessible Shoreline, Some Trees, Rolling/Hilly
  • Directions: From Ely travel west on Hwy 169 approximately 13 miles to Trygg Road. Turn left and follow for 1.7 miles to Peninsula Road. Turn left and follow to the property on the right.
  • Lot Size: 3.35 Acres
  • MLS Number: 6120387
  • Office Name: Bear Island Realty LLC
  • Listing Agent: Connie Coughlin

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. ©2025 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: 6/28/2025, 6:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1361 Peninsula Rd, Ely, MN 55731

$325,000

1361 Peninsula Rd

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Price information

Property sales

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Tax history

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Nearby schools

2

Tower-Soudan Elementary School

Public District PK-6

7.8 mi

415 2nd St N

4

Babbit Elementary School

Public District PK-6

10.8 mi

30 South Dr

7

Washington Elementary School

Public District PK-5

12.7 mi

600 E Harvey St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

24%
<35k
58%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
6%
Single, with Kids
45%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
8%
12-17 yrs old
12%
18-34 yrs old
47%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 1361 Peninsula Rd

The listing price of 1361 Peninsula Rd property is $325,000.

The property 1361 Peninsula Rd is land located in Ely, Minnesota, 55731.

Active Listing: 1361 Peninsula Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1361 Peninsula Rd are: Tower-Soudan Elementary School (GreatSchools Rating 2/10), Babbit Elementary School (GreatSchools Rating 4/10), Washington Elementary School (GreatSchools Rating 7/10), Memorial Middle School (GreatSchools Rating 4/10), Northeast Range Secondary School (GreatSchools Rating 7/10), Memorial High School (GreatSchools Rating 8/10), Mesabi East Secondary School (GreatSchools Rating 4/10).

The property 1361 Peninsula Rd is 3.35 acres.

This home is located at 1361 Peninsula Rd in Ely, MN and zip code 55731. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $325,000.

Over 2 listings were sold over their listed price in May 2025 in Ely, MN. In the same period over 9 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Ely, MN between April and May 2025 increased by 19.3%. In May 2025 median list price was $235,000 and the average listing age was 80 days.

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

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