Ely, MN Homes for Sale under $400,000

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  $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
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  /12

  $389,000

  • 3 Beds
  • 1 Bath
  • 1,120 Sq Ft

  3811 Fenske Lake Rd, Ely, MN 55731

  This 3 bedroom cabin built in 1940's was originally used as the owners home for "Mackie's Cabins". A couple renovations between 2011 and 2016 have transformed it into a spacious northwoods escape. The open floor plan features a 40' long room which includes a kitchen with breakfast table, dining room and living room with gas fireplace. The back of the cabin has a lakeside yard with a gentle slope

  Chris Eilrich Wildwoods Land Company

  3811 Fenske Lake Rd, Ely, MN 55731
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  /28

  $360,000

  $175K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,900 Sq Ft

  2641 Priest Point Rd, Ely, MN 55731

  Looking for that perfect slice of Ely lake life? This 4-bedroom, 3-bath home on Bear Island Lake delivers it with a smile. Set on 120 feet of beautiful sandy shoreline, this exceptionally well-maintained two-story home gleams with quality. The centerpiece is a stunning custom two-story fieldstone fireplace — double-sided so you can enjoy the crackle from both the living room and the cozy upper

  Andrea Zupancich z' Up North Realty

  2641 Priest Point Rd, Ely, MN 55731
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  $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
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  $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
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  /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
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  $249,000

  • 1 Bath
  • 786 Sq Ft

  52 W Chandler St, Ely, MN 55731

  Walking distance from Ely, wooded and private, this 1/2+ acre, lot hosts two well cared for 1890's era historic Finnish homes along with the original sauna and carriage house / workshop. Homes are both small (<1000 sf) on 2 levels with large decks. "Kettu" is heated and hooked up to city water/sewer, while "Peregrine" is finished upstairs and still needs water/sewer and heat. Each small house has

  Trish Bulinski Bear Island Realty LLC

  52 W Chandler St, Ely, MN 55731
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  $114,000

  $5K PRICE DROP

  • 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

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