15

Ely, MN Homes under $200,000

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  • /39

    $134,900

    • 2 Beds
    • 840 Sq Ft

    3810 Mud Creek Rd, Ely, MN 55731

    Located aprox 12 miles west of Ely is this very comfortable cabin and 2 stall garage on aprox. 10 acres of land off the Mud Creek Rd and adjoins hundreds and hundreds of acres of state and county lands to the west! Cabin is a mobile/manufactured home that has recently been transformed with new siding, roof, windows, etc. into an awesome 2 bedroom cabin! Cabin has kitchen, dining area, a large

    Jeff Hway Bear Island Realty LLC

    3810 Mud Creek Rd, Ely, MN 55731
  • /42

    $179,000

    • 2 Beds
    • 1.5 Baths
    • 1,012 Sq Ft

    1229 E Sheridan St, Ely, MN 55731

    The Blue Moose is an updated 2 Bedroom, 1 Bath home. Charming, well maintained, and located on Sheridan Street; Ely's main street. A Turnkey, licensed short term Airbnb rental, with growing and successful rental history. The home has generous front & back entries, wood accents, tin ceilings, laminate and wood flooring.New(er) items include: shingles on house and garage, painted garage, all

    Trish Bulinski Bear Island Realty LLC

    1229 E Sheridan St, Ely, MN 55731
  • /34

    $159,000

    • 1 Bed
    • 1 Bath
    • 852 Sq Ft

    42 W Shagawa Rd, Ely, MN 55731

    Charming 1 Bedroom Home with 2 Stall Garage on Dead End Road. Discover this delightful 1 bedroom, 1 bath home nestled in a peaceful neighborhood at the end of a quiet street. Perfect for those seeking a low-maintenance lifestyle, this cozy home offers comfort, privacy, and natural beauty. The property features a 2 stall garage- ideal for parking, storage, or a workshop. Outside you'll find a

    Misty Merhar Z' Up North Realty

    42 W Shagawa Rd, Ely, MN 55731
  • /29

    $160,000

    • 2 Beds
    • 2.5 Baths
    • 648 Sq Ft

    840 E Chapman St, Ely, MN 55731

    This 2+ BR, 2 full BA home two story lot sits on TWO city lots and is packed with character and options! Located right in the heart of Ely, you're just a quick stroll to the Whiteside Park, school, ice arena, downtown shops, baseball and Little League fields—all the things that make this town so special. Step inside to find classic charm with hardwood floors, clawfoot tubs, and unique in-tandem

    Andrea Zupancich Z'Up North Realty, Inc.

    840 E Chapman St, Ely, MN 55731
  • /28

    $134,900

    • 1 Bed
    • 280 Sq Ft

    4194 First Lake Rd, Ely, MN 55731

    Located 11 miles north of Ely, just off the renowned Echo Trail, this serene retreat spans 11.46 acres of stunning pink granite and towering century-old White Pines. Constructed in 2016, this 14 x 20 cabin is designed for year-round use, providing a perfect escape from city life and an ideal vantage point for observing the Northern Lights and the expansive northern sky. Nearby, walking access to

    Jerry Fink Canoe Capital Realty, LLC

    4194 First Lake Rd, Ely, MN 55731
  • /24

    $129,000

    • 2 Beds
    • 2 Baths
    • 1,332 Sq Ft

    355 W Harvey St, Ely, MN 55731

    If you're searching for a unique escape that combines the charm of secluded living with the convenience of modern amenities, your search ends at this marvelous Ely property. Don't miss the opportunity to call this extraordinary place home. Tucked away under the Iconic Ely Water Tower, the gateway to Ely you'll find this hidden gem. 2 BR/1.5 BA home with hardwood floors, large eat in kitchen, and

    Andrea Zupancich z' Up North Realty

    355 W Harvey St, 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
  • /40

    $184,000

    • 4 Beds
    • 3 Baths
    • 2,640 Sq Ft

    324 S 4th Ave E, Ely, MN 55731

    Incredible investment opportunity by unlocking this historic 2.75 story home’s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7’ ceilings in 3 large rooms! Recent updates include roof, siding,

    Wendy Johnson Keller Williams Classic Realty NW - Ely

    324 S 4th Ave E, Ely, MN 55731
  • /19

    $162,500

    • 4 Beds
    • 1 Bath
    • 2,338 Sq Ft

    3579 Rogers Ave E, Ely, MN 55731

    Charming 4-Bedroom 2 acre country retreat with endless potential Just 10 miles outside Ely and perfectly nestled between Tower, Lake Vermilion, and Eagles Nest Lakes, this 4-bedroom home on 2 picturesque acres is a DIY renovator’s dream. Surrounded by woodland beauty and mature pines, this diamond-in-the-rough blends peaceful nature with spacious living. This property is awaiting your personal

    Andrea Zupancich z' Up North Realty

    3579 Rogers Ave E, Ely, MN 55731
  • /32

    $162,500

    • 4 Beds
    • 2 Baths
    • 2,338 Sq Ft

    3579 Rodgers Ave, Ely, MN 55731

    Charming 4-Bedroom 2 acre country retreat with endless potential Just 10 miles outside Ely and perfectly nestled between Tower, Lake Vermilion, and Eagles Nest Lakes, this 4-bedroom home on 2 picturesque acres is a DIY renovator’s dream. Surrounded by woodland beauty and mature pines, this diamond-in-the-rough blends peaceful nature with spacious living. This property is awaiting your personal

    Andrea Zupancich Z' Up North Realty

    3579 Rodgers Ave, Ely, MN 55731
  • /12

    $199,900

    • Land
    • 3.90 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
  • /30

    $169,900

    • Land
    • 8 Acres
    • $21,238 per Acre

    TBDx Grant McMahan Blvd, Ely, MN 55731

    Shagawa Lake Lot: West Facing 8 +/- acres and 885 +/- feet of wooded shoreline consisting of Maple, Pople, Mixed Pines, Cedar and Birch. This beautiful parcel is only 2.7 miles from the center of Ely and provides you your own Natural Wildlife Sanctuary or you can take a quick walk across Grant McMahan to a magnificent 87 acre Wildlife Management Area. You will be able to enjoy gentle hikes, Game

    Lori Schulze Keller Williams Classic Realty NW - Ely

    TBDx Grant McMahan Blvd, Ely, MN 55731
  • /36

    $184,000

    • 4 Beds
    • 3 Baths
    • 2,640 Sq Ft

    324 S 4th Ave E, Ely, MN 55731

    Incredible investment opportunity by unlocking this historic 2.75 story home’s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original wood interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7’ ceilings in 3 large rooms! Recent updates include roof,

    Wendy Johnson Keller Williams Classic Realty Northwest

    324 S 4th Ave E, Ely, MN 55731
  • /37

    $189,900

    • Land
    • 0.49 Acre
    • $387,551 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
  • /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
$329,000
Median Single Family Sale Price
$327,000
Average Price Per Sq Ft
$411
Number of Homes for Sale
12
Last 12 months Home Sales
79
Months of Supply
1.80
Median List Price
$327,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%
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