43

Ely, MN Homes for Sale under $300,000

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  • /52

    $224,000

    • 3 Beds
    • 1 Bath
    • 560 Sq Ft

    3297 Aspen Ln, Ely, MN 55731

    Own a piece of Northwoods history with this rare opportunity to acquire a generational heritage property that has been cherished for decades. This rustic property features vintage timber, weathered wood, and hand-crafted details that showcase true local history. Designed with an authentic camp vibe, the open and inviting layout evokes the cozy simplicity of a traditional wilderness lifestyle,

    Agent Photo

    Jerry Fink

    Canoe Capital Realty, LLC

    3297 Aspen Ln, Ely, MN 55731
  • /54

    $215,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    578 Kawishiwi Trail, Ely, MN 55731

    Northwoods off-grid cabin that adjoins public lands! This beautiful Voyageur Log Cabin is located on 10 acres with seasonal road access just south of Ely, MN. Property offers direct access to many trails in the area for the ultimate recreational retreat including snowmobiling, ATV, and skiing opportunities! Enjoy the cabin year-round with easy snowmobile access – parking and trail are located

    Anna Yahnke Bear Island Realty LLC

    578 Kawishiwi Trail, Ely, MN 55731
  • /17

    $108,000

    $12K PRICE DROP
    • 1 Bed
    • 256 Sq Ft

    13434 Hickory Rd, Ely, MN 55731

    Escape to the Northwoods with this cozy 1-room dry cabin located just outside Ely. Situated on 1.36 acres, this property offers plenty of space to enjoy the outdoors, relax, and make it your own. The cabin is equipped with electricity and provides a simple, rustic retreat surrounded by nature. The property features four storage sheds, offering ample room for storage, equipment, and outdoor

    Grace Phenning z' Up North Realty

    13434 Hickory Rd, Ely, MN 55731
  • /23

    $114,000

    $5K PRICE DROP
    • 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

    $179,000

    $16K PRICE DROP
    • 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
  • /17

    $108,000

    $12K PRICE DROP
    • 1 Bed
    • 256 Sq Ft

    13434 Hickory Rd, Ely, MN 55731

    Escape to the Northwoods with this cozy 1-room dry cabin located just outside Ely. Situated on 1.36 acres, this property offers plenty of space to enjoy the outdoors, relax, and make it your own. The cabin is equipped with electricity and provides a simple, rustic retreat surrounded by nature. The property features four storage sheds, offering ample room for storage, equipment, and outdoor

    Grace Phenning Z' Up North Realty

    13434 Hickory Rd, Ely, MN 55731
  • /47

    $199,000

    • 4 Beds
    • 2 Baths
    • 1,276 Sq Ft

    712 E Camp St, Ely, MN 55731

    Move right in and enjoy this beautifully updated 4-bedroom, 2-bath home offering 1,276 square feet of comfortable living space in the heart of Ely. The open-feeling floor plan creates an inviting atmosphere, while the remodeled kitchen flows seamlessly into the main living areas. Warm woodwork throughout, along with a blend of hardwood floors and new flooring, gives the home character and charm.

    Lori Schulze Keller Williams Classic Realty NW - Ely

    712 E Camp St, 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
  • /29

    $259,000

    $9K PRICE INCREASE
    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft

    308 S 8th Ave E, Ely, MN 55731

    Picture yourself and your family in this spotless 3 BR, 1 BA, updated home with a 1-car attached garage all on a large landscaped corner lot residential Ely. There are hardwood floors in all three of the bedrooms. A long list of improvements including all new appliances, mini-split air conditioner, electric panel, kitchen remodel, new Anderson Renewal Windows and more. Owners indicate that they

    Karen Zupancich Edina Realty, Inc.

    308 S 8th Ave E, Ely, MN 55731
  • /58

    $175,000

    • 1 Bed
    • 290 Sq Ft

    4704 Highway 169, Ely, MN 55731

    This "one of a kind" recreational cabin is situated on 8+ wooded acres near Lake Vermilion. The cabin features a rustic "charm" with aged barn wood ceilings, tin accents and angled/sloped roof line and foundation. Cabin includes open kit/DR/LR area w/free standing wood fireplace, bedroom and small sleeping loft. Extras include 24x36 detached garage w/concrete floor (built in 2025), well (w/hand

    Taryn Sandberg BIC Realty

    4704 Highway 169, Ely, MN 55731
  • /47

    $117,000

    • 3 Beds
    • 1 Bath
    • 918 Sq Ft

    31 E Harvey St, Ely, MN 55731

    Looking for a home with character, charm, and the opportunity to make it truly your own??? This property offers the BEST OF BOTH WORLDS~ a home you can move into today while having plenty of opportunity to update and personalize it over time. From the moment your arrive, you'll notice the charm this home already has to offer, including original woodworking, beautiful hardwood floors, and timeless

    Misty Merhar Z' Up North Realty

    31 E Harvey St, 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
  • /26

    $118,999

    $10K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 762 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, Inc.

    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
  • /50

    $199,900

    $30K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 1,506 Sq Ft

    324 E White St, Ely, MN 55731

    Welcome home to this charming and recently updated traditional 2 story featuring 5 bedrooms and 2 bathrooms, offering plenty of space for family and guests. The main floor boasts all new flooring while the upper level showcases the beautiful original hardwood. Situated on 3 lots, this property provides ample outdoor space for entertaining, gardening, or simply relaxing. A detached 2-stall garage

    Misty Merhar z' Up North Realty

    324 E White St, Ely, MN 55731
  • /2

    $43,500

    $6K PRICE DROP
    • Land
    • 38.93 Acres
    • $1,117 per Acre

    TBD Hwy 169, Ely, MN 55731

    Over 38 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
  • /6

    $59,500

    • Land
    • 44.9 Acres
    • $1,325 per Acre

    TBD Echo Tr, Ely, MN 55731

    Very remote wilderness property of aprox 44 acres and located in the middle of tens of thousands of acres of federal and county lands about 2.5 miles south of the Echo Trail, and about an hour's drive north and west of Ely. Buyck and the Vermilion River is to the west. Mostly all high ground with nice tree cover. This would be the ultimate remote getaway or hunting location. Presently no legal

    Jeff Hway Bear Island Realty LLC

    TBD Echo Tr, Ely, MN 55731
  • /11

    $295,000

    $15K PRICE DROP
    • 2 Beds
    • 400 Sq Ft

    13848 Queen's Bay Rd, Ely, MN 55731

    Garden Lake log cabin situated on 5 acres with 215 feet of level lakeshore. Full block basement. This charming cabin has an open floor plan with a kitchen and living area. 2 bedrooms. Fuel oil space heater. New insulated roof in 2019. Possibilities for expanding the cabin or enough land to build a new home. The road is between the cabin and lakeshore used by local homeowners Private, quiet

    Jan Erchul Ely Realty

    13848 Queen's Bay Rd, Ely, MN 55731
  • /60

    $160,000

    • 2 Beds
    • 1 Bath
    • 1,064 Sq Ft

    1211 E Camp St, Ely, MN 55731

    Welcome to your in-town home with storage galore. Four city lots, two huge garages plus extra workshop and storage space. The manufactured house has an attached wood deck that is enclosed with trellis for privacy. Inside you will find an open kitchen with a center island, wood stove in the large living room and a well-planned bedroom and bathroom layout. Lots of space to enjoy in town living.

    Beth Ohlhauser Bear Island Realty LLC

    1211 E Camp St, Ely, MN 55731
  • /20

    $295,000

    $80K PRICE DROP
    • 1 Bed
    • 0.5 Baths
    • 480 Sq Ft

    1342 Walsh Rd, Ely, MN 55731

    Located on Eagles Nest 3, this charming seasonal cabin sits on a beautiful level lot featuring approximately 100 feet of shoreline and easy access to the water. The screened porch offers peaceful lake views and an ideal place to relax and enjoy the setting. This cozy one-room cabin features an open floor plan with combined kitchen, dining, living, and sleeping areas. A closet toilet and boxed

    Jason Roy Wildwoods Land Company

    1342 Walsh Rd, 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

    $169,000

    $11K PRICE DROP
    • 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
  • /9

    $26,000

    • Land
    • 11,761 Sq Ft
    • $96,296 per Acre

    527 E Camp St, Ely, MN 55731

    Vacant lot is just a few blocks from downtown Ely. This 75' x 160' lot is over 1/4 acre in size and has City water, sewer and electric connections readily available. The street side of this southern exposure lot has a level, open building site while the back half of the lot is heavily wooded. This is one of the few undeveloped lots within walking distance of Ely's main street and restaurants.

    Chris Eilrich Wildwoods Land Company

    527 E Camp St, Ely, MN 55731
  • /26

    $193,000

    $11K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,144 Sq Ft

    37 E Boundary St, Ely, MN 55731

    Cozy two + bedroom, two-bath home with an oversized one-car garage, conveniently located in Ely. While not perfect, this home offers comfortable living with thoughtful updates throughout. The main level features a large, inviting living room with vinyl plank flooring and an in-wall A/C unit. The eat-in kitchen offers in-floor heat and newer stainless steel appliances. A main-level bathroom

    Julian Rasmusson z' Up North Realty

    37 E Boundary 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
  • /62

    $230,000

    $16K PRICE DROP
    • 7 Beds
    • 4 Baths
    • 2,600 Sq Ft

    429 S 4th Ave E, Ely, MN 55731

    A piece of history set back on 3 city lots on the corner of 4th Avenue and James Street. This Triplex has been loved and cared for for over 30 years. The main floor has a 3 bedroom apartment and an efficiency apartment each with their own off street parking spots, kitchens, bathrooms, and access to the basement for separate laundry areas. The upstairs is a 4+ bedroom with in unit laundry and a

    Joseph Tome Grand Properties

    429 S 4th Ave E, 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
  • /34

    $215,000

    $15K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,492 Sq Ft

    304 E James St, Ely, MN 55731

    Step inside this delightful 3 bedroom, 2 bathroom home on desirable James St in the heart of Ely. Perched on a sunny corner lot, enjoy a short stroll to the Ely school, Whiteside Park, or downtown to enjoy shopping or dining. Inside, this home features central air, updated quartz countertops, new front porch railings, new water heater, and newer roof. There is a spacious two stall attached garage

    Taylor Glynn eXp Realty

    304 E James St, 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
  • /5

    $222,500

    $4K PRICE INCREASE
    • 2 Beds
    • 1 Bath
    • 400 Sq Ft

    4996 Big Lake Rd, Ely, MN 55731

    Big Lake Common Interest Community, investment property. 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 requires rentals. Owner can use for 2 specific

    Lisa Poppenhagen Ely Realty

    4996 Big Lake Rd, Ely, MN 55731
  • /57

    $275,000

    $24K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft

    101 W Railroad St, Ely, MN 55731

    3BR/2BA home, well cared for and ready to move in — fresh carpet throughout, nothing to do but unpack. Sits on 1.29 acres with a rare 3-car garage, plus the adjacent lot is separately deeded and large enough to put a building on — a unique opportunity to expand or add a second structure. Unbeatable location: Trezona and Mesabi Trails, plus the Prospector ATV trail and Taconite snowmobile trail,

    Ryan Kosinski Ely Realty

    101 W Railroad St, Ely, MN 55731
  • /32

    $249,000

    $30K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 912 Sq Ft

    296 Shady Ln, Ely, MN 55731

    This Northwoods two bedroom, one bath cabin with drilled well and compliant septic can be enjoyed year-round! The open floor plan features beautiful natural woodwork throughout, a cozy woodstove in the living room, a main floor bedroom and bathroom, and an open sleeping loft above—perfect for guests or additional space. Set on 5.75 private acres overlooking a scenic pond, this property offers the

    Lori Schulze Keller Williams Classic Realty NW - Ely

    296 Shady Ln, Ely, MN 55731
  • /28

    $299,000

    $41K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 800 Sq Ft

    1728 Maple St, Ely, MN 55731

    Tucked away in a peaceful wooded setting on 4.6 acres just minutes outside of Ely, this one-of-a-kind A-frame built in 2023 is brimming with thoughtful craftsmanship. Every inch of this newly built 1 bed, 1 bath home has been intentionally designed, with each material carefully selected to tell a story. 800sq ft home showcases reclaimed and locally sourced materials creating a warm and inviting

    Taylor Glynn eXp Realty, LLC- MN

    1728 Maple St, Ely, MN 55731
  • /20

    $239,000

    • 2 Beds
    • 1 Bath
    • 992 Sq Ft

    408 S 7th Ave E, Ely, MN 55731

    2 bedroom Ely home near the park and school on a corner lot. One level living with kitchen, living room, dining room, bedrooms and a full bath. The full basement has a laundry, shower and lots of storage. Partially fenced and landscaped yard leads to a 2 car garage. There is central air and the appliances are newer. This home has been cared for and well maintained.

    Chris Eilrich Wildwoods Land Company

    408 S 7th Ave E, Ely, MN 55731

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$195,000
Median Single Family Sale Price
$193,000
Median 2 Bedroom Sale Price
$126,000
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$156
Number of Homes for Sale
19
Last 12 months Home Sales
53
Months of Supply
4.30
Median List Price
$203,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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