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$325,000

  • Sold
  • Closed
  • Lots/Land
  • 3.35 Acres
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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!

Full Property Details for 1361 Peninsula Rd

General

  • Sold For: $325,000
  • Taxes: $2,376 (2025)
  • Status: Closed
  • Type: Lots/Land
  • Source: 1402
  • MLS ID: 6120387
  • Added to Site: 205 day(s) ago

Additional Information

  • Improvements: Survey Stakes

Parking

  • Parking Features: Gravel

Location

  • Area: R
  • County: St. Louis County
  • Township: Eagles Nest township (St. Louis County)
  • Driving 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.

School Information

  • High School District: St. Louis County #2142

Lot Features

  • Property View: Inland Lake
  • Lot Size (Acres): 3.35
  • Lot Dimensions: 100' x 665' x 350' x 890'
  • Lot Features: Accessible Shoreline, Many Trees, High, Rolling Slope
  • Development Status: Raw Land

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Eagles Nest 2
  • Water Front Desc.: Inland Lake
  • Lake Front: Yes

Financial Considerations

  • Price Per Sq. Ft.: $97,014.93
  • Tax Amount: $2,376
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: West Eagles Nest Shores of Eagles Nest, Lot 0023, Block 000
  • Disclosures/Reports: Septic Disclosure, Well Disclosure, Disc./Condition Report
  • Property ID: 317-0230-00230

Listed by Bear Island Realty LLC
Sold by Move it Real Estate Group/Lakehomes.com

Listing agent

— 1361 Peninsula Rd —

  • Bear Island Realty LLC

***

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1361 Peninsula Rd

School District:St. Louis County School District
NameGradesDistance
Tower-Soudan Elementary School
415 North 2nd Street, Tower, MN 55790
PK-67.7 mi
Northeast Range Secondary
30 South Drive, Babbitt, MN 55706
7-1210.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1361 Peninsula Rd

Date
Details
Price
Change
Source
8/21/2025
Sold
$325,000
—
MLS
6/26/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Bear Island Realty LLC
Sold by Move it Real Estate Group/Lakehomes.com

Recent Sales near 1361 Peninsula Rd

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3732 Hwy 169, Ely, MN 55731 - Photo 1 Sold
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3732 Hwy 169  Ely, MN 55731

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Listed and Sold by Property Brokers of Minnesota

1361 Peninsula Rd, Ely, MN 55731 (MLS# 6120387) is a Lots/Land property that was sold at $325,000 on August 21, 2025. Want to learn more about 1361 Peninsula Rd? Do you have questions about finding other Lots/Land real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.