20

Ely, MN Land & Home Lots for Sale

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  • /12

    $199,900

    • Land
    • 3.9 Acres
    • $51,256 per Acre

    XXX9 Powerhouse Trail, Ely, MN 55731

    First time on the market. This Fall Lake lot has +-3.9 acres with a large building site that sits off the water. From there it's just a short walk towards the level +-205' of shoreline. Fall Lake is a popular entry point into Basswood Lake and the BWCA. At over 6 miles long and 2,322 acres, Fall Lake offers countless fishing and recreational opportunities. This heavily wooded parcel with mixed

    Chris Eilrich Wildwoods Land Company

    XXX9 Powerhouse Trail, Ely, MN 55731
  • /10

    $204,000

    • Land
    • 4.4 Acres
    • $46,364 per Acre

    XXX10 Powerhouse Trail, Ely, MN 55731

    Fall Lake West Lots.....first time offered to the public. This large lot of +-4.4 acres with +-235 feet of rocky, but level shoreline, is located in a quiet bay on the south side of Fall Lake. There are two possible building sites with lake views through Birch, Maple and Aspen. There is an elevated site closer to the road and one with a more gentle approach to the lakeshore on the western side of

    Chris Eilrich Wildwoods Land Company

    XXX10 Powerhouse Trail, Ely, MN 55731
  • /2

    $32,900

    • Land
    • 0.45 Acre
    • $73,111 per Acre

    2221 Sibley Dr, Ely, MN 55731

    Don’t miss this great opportunity to own a buildable lot in Ely’s newest neighborhood – the Spaulding Addition. This 100' x 196' (.45 acre) parcel offers ample space to design and build your dream home. Located on Sibley Drive, this lot provides convenient access to city utilities and sits just minutes from Trezona Trail, Shagawa Lake, and downtown Ely. Enjoy a quiet residential setting while

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2221 Sibley Dr, Ely, MN 55731
  • /8

    $32,900

    • Land
    • 0.45 Acre
    • $73,111 per Acre

    2231 Sibley Dr, Ely, MN 55731

    Don’t miss this great opportunity to own a buildable lot in Ely’s newest neighborhood – the Spaulding Addition. This 100' x 196' (.45 acre) parcel offers ample space to design and build your dream home. Located on Sibley Drive, this lot provides convenient access to city utilities and sits just minutes from Trezona Trail, Shagawa Lake, and downtown Ely. Enjoy a quiet residential setting while

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2231 Sibley Dr, Ely, MN 55731
  • /21

    $336,000

    • Land
    • 3.5 Acres
    • $96,000 per Acre

    531 Sunset Rd, Ely, MN 55731

    Rare opportunity to own undeveloped wooded parcel with +-200 feet of shoreline on White Iron Lake chain of lakes. This +-3.5 acre parcel has westernly views across White Iron making for breathtaking sunsets from the level lakeshore. Heavily wooded with century old Cedars and White Pines, this lot is only 500 yards from the Farm Lake Channel, giving direct access to the BWCAW. The property ...only

    Don Stocks Wildwoods Land Company

    531 Sunset Rd, Ely, MN 55731
  • /16

    $299,000

    • Land
    • 6.3 Acres
    • $47,460 per Acre

    3732 Minnesota 169, Ely, MN 55731

    Enjoy over 6 acres of pristine land on beautiful Armstrong Lake, featuring 230 feet of private shoreline. A cleared building site sits elevated from the lake, offering stunning views and added privacy, with a well-maintained trail leading directly to the water’s edge. The building site is ready to go — complete with a 3-bedroom septic system, a well, electricity, a Menards canopy storage shelter,

    Julian Rasmusson Z'Up North Realty, Inc.

    3732 Minnesota 169, Ely, MN 55731
  • /4

    $89,000

    • Land
    • 1.75 Acres
    • $50,857 per Acre

    2101 Sibley Ct, Ely, MN 55731

    Surrounded by nature yet conveniently close to town, this 1.75-acre parcel is an ideal canvas for your next home or investment project. This prime lot features a building pad, connections to city water, sewer, and utilities at the end of the driveway, direct access to the Trezona walking trail, and nearby ATV Trails.

    Jodi Nyman Z' Up North Realty

    2101 Sibley Ct, Ely, MN 55731
  • /5

    $945,000

    • Land
    • 5.3 Acres
    • $178,302 per Acre

    TBD Waters Island, Ely, MN 55731

    Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the

    Lisa Janisch Janisch Realty, Inc

    TBD Waters Island, Ely, MN 55731
  • /12

    $40,000

    • Land
    • 0.44 Acre
    • $90,909 per Acre

    2224 Spaulding Dr, Ely, MN 55731

    Don't miss out on the opportunity to build your dream home in this idyllic location. Whether you're a homebuyer, nature lover, or Ely resident, this lot offers the perfect backdrop for peaceful living and outdoor adventure. Enjoy the serenity of a rural setting while still benefiting from all the conveniences of city life in Ely. You have the conveniences of city water and sewer, electric,

    Andrea Zupancich Z' Up North Realty

    2224 Spaulding Dr, Ely, MN 55731
  • /15

    $155,000

    • Land
    • 20 Acres
    • $7,750 per Acre

    1687 Golden Ridge Tr, Ely, MN 55731

    +-20 ACRE PARCEL just 3/4 miles off the Echo Trail with the road in. This parcel has a good mixture of tree cover with White and Norway Pine, Balsam, Cedar, Ash and Aspen. Possible year round access. Already installed is a 3 bedroom septic system and a 325' drilled well. There is a building site for house and garage, power nearby. Excellent property at an affordable price.

    Don Stocks Wildwoods Land Company

    1687 Golden Ridge Tr, Ely, MN 55731
  • /46

    $325,000

    • Land
    • 160 Acres
    • $2,031 per Acre

    1777 Grant McMahan Blvd, Ely, MN 55731

    Unique large acreage with panoramic views of Shagawa Lake. This stunning wooded parcel features 160 acres overlooking Shagawa Lake near the Echo Trail in Ely. Dynamic characteristics include varying topography, a scenic ravine, and picturesque ridges with established 4-wheeler trails. Not only is the property abundant with wildlife including deer, but there are also generous amounts of wild

    Kate Davies Bear Island Realty LLC

    1777 Grant McMahan Blvd, Ely, MN 55731
  • /35

    $45,000

    • Land
    • 0.56 Acre
    • $80,357 per Acre

    TBD Hill Top Rd, Ely, MN 55731

    Amazing elevated panaramic views of the City, Shagawa, and Miners Lake. .56 acres of mixed tree cover, improvements include a new driveway and building site preparation. Due to the challenges of bringing city sewer and water to the location, a buyer likely will hold onto the property for future development. Once the time is right for neighboring lots including the bordering City of Ely

    Trish Bulinski Bear Island Realty LLC

    TBD Hill Top Rd, Ely, MN 55731
  • /8

    $34,500

    • Land
    • 0.18 Acre
    • $191,667 per Acre

    444 Fernberg Rd, Ely, MN 55731

    Ready to build lot located at beautiful Deer Ridge Resort on Garden Lake resort part of the White Iron Chain of Lakes. This lot has septic as well as power and water pulled to the lot. Lot does have partial lake view (see pics). This is a commercial listing with owner usage restrictions once cabin/home has been built. Rental and property management provided by property manager The Davis Group

    Chad Davis Canoe Capital Realty, LLC

    444 Fernberg Rd, Ely, MN 55731
  • /8

    $59,500

    • Land
    • 0.18 Acre
    • $330,556 per Acre

    444 Fernberg Rd Unit 10, Ely, MN 55731

    Ready to build lot located at beautiful Deer Ridge Resort on Garden Lake resort part of the White Iron Chain of Lakes. This lot has septic as well as power and water pulled to the lot. Lot does have partial lake view (see pics). This is a residential listing with no owner usage restrictions once cabin/home has been built. Rental and property management is possible with the property manager The

    Chad Davis Canoe Capital Realty, LLC

    444 Fernberg Rd Unit 10, Ely, MN 55731
  • /37

    $184,900

    • Land
    • 0.49 Acre
    • $377,347 per Acre

    Unit 1 N Kelly Trail, Ely, MN 55731

    Absolutely gorgeous piece of the True North !! This property used to be a resort but was split up for individual cabin life. Premier fishing and excellent hunting right out the front door. Property comes with 2 generators (9500w and 4000w). Propane heat for winter (300 gallon tank). On demand water heater. No motor restrictions or Walleye slot limits on this body of water.This

    Gabriel Werra Timber Ghost Realty, LLC

    Unit 1 N Kelly Trail, Ely, MN 55731
  • /45

    $69,900

    • Land
    • 5.5 Acres
    • $12,709 per Acre

    TBD Sunset Rd, Ely, MN 55731

    Back lot across the road from White Iron Lake off the Sunset Road. Septic sites approved and power already runs down the Sunset Road making electricity accessible. Private road association and covenants in place. Tree cover includes birch, aspen, maple, balsam and large pines scattered throughout. Owner Financing Available.

    Anna Yahnke Bear Island Realty LLC

    TBD Sunset Rd, Ely, MN 55731
  • /48

    $69,900

    • Land
    • 6.49 Acres
    • $10,770 per Acre

    tbd Labrec Klein Trail, Ely, MN 55731

    Back lot across the road from White Iron Lake off the Sunset Road. Septic sites approved and power already runs down the Sunset Road making electricity accessible. Private road association and covenants in place. Tree cover includes birch, aspen, maple, balsam and large pines scattered throughout. Owner Financing Available.

    Anna Yahnke Bear Island Realty LLC

    tbd Labrec Klein Trail, Ely, MN 55731
  • /40

    $439,000

    • Land
    • 4.68 Acres
    • $93,803 per Acre

    TBD Sunset Rd, Ely, MN 55731

    Unique opportunity for a drive-to waterfront parcel and your own island! Great location on White Iron lake with western exposure. The mainland parcel features 400’ of rocky shoreline. The island is only a hop & skip away – just off the main shoreline. Both the mainland and island are approved for septic. Build your dream home or cabin at this sought after location today!

    Anna Yahnke Bear Island Realty LLC

    TBD Sunset Rd, Ely, MN 55731
  • /2

    $49,900

    • Land
    • 38.93 Acres
    • $1,282 per Acre

    TBD Hwy 169, Ely, MN 55731

    38.93 acres of recreational land located right on Highway 169 in Ely, MN adjoining public land for expanded access to the outdoors. The property features a mix of open areas and tree cover, with established trails throughout and a creek flowing through the southwest corner. A section of wooden boardwalk is already in place, offering easy passage through portions of the low land. The terrain

    Lori Schulze Keller Williams Classic Realty NW - Ely

    TBD Hwy 169, Ely, MN 55731
  • /10

    $155,000

    • Land
    • 20 Acres
    • $7,750 per Acre

    1687 Golden Ridge Trail, Ely, MN 55731

    +-20 ACRE PARCEL just 3/4 mile off the Echo Trail with the road in. This parcel has a good mixture of tree cover with White and Norway Pine, Balsam Cedar, Ash and Aspen. Possible year round access. Already installed is a 3 bedroom septic system and a 325 ft. drilled well. There is a building site for house and garage, power nearby. Excellent property at an affordable price.

    Don Stocks Wildwoods Land Company

    1687 Golden Ridge Trail, Ely, MN 55731

Home Trends in Ely, MN

Housing Trends

Median Sale Price
$187,000
Median Single Family Sale Price
$189,500
Average Price Per Sq Ft
$153
Number of Homes for Sale
15
Last 12 months Home Sales
72
Months of Supply
2.50
Median List Price
$189,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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