Property details
About 740 Halfway Rd
Enjoy spectacular west facing views of a quiet bay on Birch Lake from the elevated build site of this spacious wooded property! Nature lover enthusiasts will appreciate the privacy of this 6 acre lot with 1,300 feet of lakeshore and public land to the north. Building your dream cabin or year round home will be fast tracked with the onsite improvements including driveway, build site, 3 bedroom compliant septic system, electricity, path to the lake and a permanent dock. Birch Lake is over 20 miles long and known as a top walleye fishing lake in the area. PRIVATE ROAD. NO DRIVE-BYS.
Highlights
(ACTIVE)
Summary
- Waterfront: Lake
- View: Lake
- List Price: $325,000
- HOA Amount: $350 Annually
- Annual Tax Amount: $1,192
- Tax Year: 2024
- Lot: Accessible Shoreline, Irregular Lot, Some Trees
- Directions: From Ely, travel south on Hwy 1 for approximately 10.5 miles. Turn left on Halfway Rd and continue 1.8 mile to the property.
- Lot Size: 6 Acres
- MLS Number: 6119189
- 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: 5/25/2025, 7:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$325,000
740 Halfway Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $187,200 | $1,192 |
| 2023 | $180,300 | $- |
| 2022 | $176,500 | $- |
| 2021 | $145,400 | $142 |
| 2020 | $104,800 | $142 |
| 2018 | $145,400 | $88 |
| 2017 | $109,600 | $868 |
History based on county public records data.
Nearby schools
7
Washington Elementary School
Public District PK-5
8.1 mi
•600 E Harvey St
4
Babbit Elementary School
Public District PK-6
13.6 mi
•30 South Dr
2
Tower-Soudan Elementary School
Public District PK-6
25.7 mi
•415 2nd St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,643. The most common annual income of people living in Ely, MN is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dollar General
Dick's Sporting Goods
Where do the neighbors go to eat?
Cracker Barrel
Applebees
Texas Roadhouse
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
Frequently asked questions
About 740 Halfway Rd
The listing price of 740 Halfway Rd property is $325,000.
The property 740 Halfway Rd is land located in Ely, Minnesota, 55731.
Active Listing: 740 Halfway Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 740 Halfway Rd are: Washington Elementary School (GreatSchools Rating 7/10), Babbit Elementary School (GreatSchools Rating 4/10), Tower-Soudan Elementary School (GreatSchools Rating 2/10), Memorial Middle School (GreatSchools Rating 4/10), Memorial High School (GreatSchools Rating 8/10), Northeast Range Secondary School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,192 (source: MLS/based on county public records data).
The property 740 Halfway Rd is 6 acres.
This home is located at 740 Halfway Rd in Ely, MN and zip code 55731. Features: 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $325,000.
In April 2025 more than 2 listings in Ely, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Ely, MN increased by 3.8% between March and April 2025. In April 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $237,000.