29

Ely, MN Homes for Sale under $200,000

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  • /28

    $104,900

    • 1 Bed
    • 1 Bath
    • 693 Sq Ft

    228 E White St, Ely, MN 55731

    Small affordable one bedroom home with updates and remodel in 2002. Back then a new 22 x 24 garage was built along with updates to the kitchen and bath, along with new vinyl siding and selected Window updates. Nice private 12 x 16 deck overlooking the backyard. One car off street parking in the back. This home is solid but could use some TLC to update - a block and one half from the Ely public

    Agent Photo

    Jerry Fink

    Canoe Capital Realty, LLC

    228 E White St, Ely, MN 55731
  • /23

    $119,000

    • 2 Beds
    • 2 Baths
    • 1,140 Sq Ft

    357 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

    357 W Harvey St, Ely, MN 55731
  • /11

    $175,000

    • Land
    • 3 Acres
    • $58,333 per Acre

    TBD Moose Creek Tr, Ely, MN 55731

    This large +-3 acres lake lot with +-315' of lakeshore on Clear Lake is South facing and offers several nice building sites and would lend itself well for a walkout basement. A new extensive driveway and building/camper site was created as well as bush clearing and trail to the waters edge. Clear Lake is an excellent swimming and fishing lake with no public access, located very near to Ely, MN,

    Mark Larson Wildwoods Land Company

    TBD Moose Creek Tr, Ely, MN 55731
  • /28

    $174,000

    $11K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,450 Sq Ft

    954 E Camp St, Ely, MN 55731

    Check out this spacious 3+ bedroom, 2-bath home just minutes from downtown Ely. With a generously sized yard perfect for gardening, play, or relaxing evenings, and a two-stall garage offering ample storage, this property combines convenience with functionality. Inside, you'll find a simple layout with room to personalize. It features a huge Primary bedroom with large bathroom, and a 15x14 room

    Jodi Nyman z' Up North Realty

    954 E Camp St, Ely, MN 55731
  • /34

    $194,900

    • 465 Sq Ft

    14048 Lauder Blvd, Ely, MN 55731

    Adorable seasonal cabin nestled among the trees with approximately 20’ of Fall Lake shoreline! Charming seasonal cabin nestled among the trees with approximately 20’ of Fall Lake shoreline! This cozy Up North retreat features a galley-style kitchen, open-concept dining and living area, hardwood floors, beautiful natural light, a freestanding wood stove, electric off-peak heat, and a composting

    Liana Hway z' Up North Realty

    14048 Lauder Blvd, Ely, MN 55731
  • /35

    $45,000

    • Land
    • 24,393 Sq Ft
    • $80,357 per Acre

    TBD Hill Top Dr, 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 property

    Trish Bulinski Bear Island Realty LLC

    TBD Hill Top Dr, Ely, MN 55731
  • /30

    $155,000

    $45K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,373 Sq Ft

    1530 N 20th Ave E, Ely, MN 55731

    Rustic Charm Meets Opportunity on 10 (yes, ten!) City Lots Explore this rare find nestled between Miners Lake and Shagawa Lake—a vintage 2+ Bedroom, 1 Bath home brimming with character, ripe for renovation. The sprawling property spans 10 city lots, offering flexibility for gardens, RV storage, potential expansion—or just a generous buffer from neighbors. This home is located on a corner lot on a

    Debbie Decker Keller Williams Classic Rlty NW

    1530 N 20th Ave E, Ely, MN 55731
  • /21

    $152,500

    • 4 Beds
    • 1 Bath
    • 1,011 Sq Ft

    24 N Pioneer Rd, Ely, MN 55731

    Opportunity awaits with this 4-bedroom, 1-bath home situated on a spacious 1.28-acre lot on Pioneer Road in Ely, Minnesota. Offering the convenience of in-town living with an unusually large yard, this property provides plenty of room for gardening, outdoor recreation, future improvements, or simply enjoying the extra space. The home features a functional layout with two bedrooms and a 3/4 bath

    Lori Schulze Keller Williams Classic Realty NW - Ely

    24 N Pioneer Rd, Ely, MN 55731
  • /17

    $154,000

    • Land
    • 20 Acres
    • $7,700 per Acre

    1648 Golden Ridge Trail, Ely, MN 55731

    Escape to your own private Northwoods retreat! This beautiful 20-acre forested parcel on Golden Ridge Trail, just off the Echo Trail near Ely, is ready for your dream cabin, shanty, chalet, or year-round home. include electric service brought directly to the site in the heart of the property. The property also features a handcrafted outhouse and, for outdoor enthusiasts, an elevated deer stand

    Julian Rasmusson z' Up North Realty

    1648 Golden Ridge Trail, Ely, MN 55731
  • /42

    $184,900

    • Land
    • 21,344 Sq Ft
    • $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 property is truly

    Gabriel Werra Timber Ghost Realty, LLC

    Unit 1 N Kelly Trail, Ely, MN 55731
  • /29

    $123,999

    $5K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 2,012 Sq Ft

    230 W Camp St, Ely, MN 55731

    This charming 3bedroom, 2 bath home in Ely offers comfortable living with a relaxed Northwoods feel. The main floor features an eat-in kitchen that flows into a spacious living room, plus a convenient half bath. Upstairs you’ll find three bedrooms and a full bath, giving everyone their own space. One of the highlights is the beautiful 4-season sunroom finished in warm knotty pine, perfect for

    Andrea Zupancich Z' Up North Realty

    230 W Camp St, Ely, MN 55731
  • /14

    $62,500

    • Land
    • 4.39 Acres
    • $14,237 per Acre

    5049 Big Lake Rd, Ely, MN 55731

    North of Ely on the scenic Echo Trail is this gem of a lot. 4.39 acres of wooded forest near Big Lake. The property is elevated and has large rock outcroppings covered with some large pine, birch and maple. Western sunset views over state land while also adjoining federal land to the north. A short driveway leads to a small 12 x 12 bunk/shed which is insulated, heated and wired for generator.

    Chris Eilrich Wildwoods Land Company

    5049 Big Lake Rd, Ely, MN 55731
  • /12

    $200,000

    $19K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 400 Sq Ft

    4994 Big Lake Rd, Ely, MN 55731

    Cabin in the wilderness on Big Lake in Ely. Big Lake Wilderness Retreat CIC. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a 3⁄4 bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft. Excellent fishing. For your private use and enjoyment and also allows for rentals.

    Jan Erchul Ely Realty

    4994 Big Lake Rd, Ely, MN 55731
  • /2

    $47,400

    $3K PRICE DROP
    • Land
    • 38.93 Acres
    • $1,218 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
  • /19

    $154,000

    • Land
    • 20 Acres
    • $7,700 per Acre

    1648 Golden Ridge Tr, Ely, MN 55731

    Escape to your own private Northwoods retreat! This beautiful 20-acre forested parcel on Golden Ridge Trail, just off the Echo Trail near Ely, is ready for your dream cabin, shanty, chalet, or year-round home. include electric service brought directly to the site in the heart of the property. The property also features a handcrafted outhouse and, for outdoor enthusiasts, an elevated deer stand

    Julian Rasmusson Z' Up North Realty

    1648 Golden Ridge Tr, Ely, MN 55731
  • /10

    $165,112

    $39K PRICE DROP
    • Land
    • 4.4 Acres
    • $37,525 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
  • /58

    $185,000

    • 4 Beds
    • 1 Bath
    • 1,456 Sq Ft

    628 E Sheridan St, Ely, MN 55731

    This exceptionally located four-bedroom home sits directly adjacent to Ely’s Whiteside Park and just two blocks from the Ely schools. The spacious main level features a charming front porch with wall-to-wall windows, a large living room with French doors opening to a traditional dining room, and a generous kitchen with direct access to the backyard. Upstairs, you’ll find four nicely sized

    Kate Davies Bear Island Realty LLC

    628 E Sheridan 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 compliant 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
  • /15

    $179,900

    • 3 Beds
    • 1 Bath
    • 1,238 Sq Ft

    1111 E Camp St, Ely, MN 55731

    Welcome to this charming 3 bedroom, 1 bath home in beautiful Ely, MN!Plenty of windows throughout provide natural light, and a cozy fireplace greets you after exploring the great outdoors. With an attached garage for all your northern activities, this house will serve you for years to come!

    Nicole Hill North Pine Realty

    1111 E Camp St, Ely, MN 55731
  • /2

    $32,900

    • Land
    • 19,602 Sq Ft
    • $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
  • /40

    $149,200

    • 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! Updates include roof, siding, main level

    Wendy Johnson Keller Williams Classic Realty NW - Ely

    324 S 4th Ave E, Ely, MN 55731
  • /30

    $135,000

    • 2 Beds
    • 1 Bath
    • 821 Sq Ft

    121 E Pattison St, Ely, MN 55731

    Quaint 2 bedroom, 1 bath home is full of charm with its breakfast nook, arched doorways, cast-iron registers, original hardwood floors & woodwork. Steffes heating system along with newer windows makes this home very energy efficient. New kitchen appliances. Dry basement features an electric sauna, laundry area, good storage & more living space, if needed. Durable steel siding. Two stall garage &

    Wendy Johnson Keller Williams Classic Realty NW - Ely

    121 E Pattison St, Ely, MN 55731
  • /45

    $69,900

    $17K PRICE INCREASE
    • 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
  • /23

    $149,000

    • 1 Bed
    • 1 Bath
    • 516 Sq Ft

    1152 Fernberg Rd, Ely, MN 55731

    If you’ve been dreaming about slipping away to a place where the only noise is the wind in the pines and the call of a loon... this is it. Tucked off the Fernberg Road and just minutes from Moose Lake, Snowbank, Ojibwa, and more classic BWCA entry points, this property puts you at the doorstep. The 3-room solar-powered cabin is simple, sturdy, and surprisingly well-equipped, offering far more

    Andrea Zupancich z' Up North Realty

    1152 Fernberg Rd, Ely, MN 55731
  • /48

    $69,900

    $17K PRICE INCREASE
    • 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
  • /17

    $84,000

    • 3 Beds
    • 1 Bath
    • 1,240 Sq Ft

    738 E Camp St, Ely, MN 55731

    Camp Street home looking for some love. The main level features a kitchen, dining room, living room, full bathroom and porch. The second level has 3 bedrooms all with wood floors. There is a large fully fenced back yard with off street parking. This home needs a lot of work inside and out and is being sold As Is.

    Chris Eilrich Wildwoods Land Company

    738 E Camp St, Ely, MN 55731
  • /25

    $179,000

    $30K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,472 Sq Ft

    2 E Conan St, Ely, MN 55731

    Conveniently located on a corner lot in the heart of Ely, this charming 3-bedroom, 2-bath home offers comfort, character, and an ideal in-town location. The main level features two bedrooms, a full bathroom, convenient main-floor laundry, and a welcoming living room centered around a cozy wood-burning fireplace. Upstairs, you'll find a spacious primary bedroom suite complete with a 3⁄4 bath and a

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2 E Conan St, Ely, MN 55731
  • /24

    $119,000

    • 2 Beds
    • 1.5 Baths
    • 1,140 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, Inc.

    355 W Harvey St, Ely, MN 55731
  • /8

    $32,900

    • Land
    • 19,602 Sq Ft
    • $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

Home Price Trends

Median Sale Price
$192,000
Median Single Family Sale Price
$190,000
Median 2 Bedroom Sale Price
$154,900
Median 1 Bedroom Sale Price
$135,500
Average Price Per Sq Ft
$159
Number of Homes for Sale
21
Last 12 months Home Sales
62
Months of Supply
4.10
Median List Price
$198,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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