9

Ely, MN Homes under $500,000

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  • /42

    $425,000

    • 2 Beds
    • 1 Bath
    • 847 Sq Ft

    14575 Jackpine Trail, Ely, MN 55731

    A Rare opportunity to own property on Snowbank. Classic 2 bedroom 1 bath one level rustic cabin. Meticulously kept and updated, with an open concept living room, dining room, and kitchen. Includes a laundry closet with stackable washer & dryer. The custom log archway to the living room is harvested from trees that fell on the property during a storm. Situated on .84 acres and positioned very

    Trish Bulinski Bear Island Realty LLC

    14575 Jackpine Trail, Ely, MN 55731
  • /36

    $419,000

    • 2 Beds
    • 2 Baths
    • 2,322 Sq Ft

    1063 Fernberg Rd, Ely, MN 55731

    Your Northwoods Escape Awaits – Just 10 Miles from Ely up the Fernberg Road! Looking for peace, privacy, and a whole lot of nature? This stunning one owner 2+BR/2BA rural retreat is nestled on nearly 20 acres of woods and trails, offering the perfect blend of cozy comfort and outdoor adventure. Step inside and fall in love with the open concept living, dining, and kitchen area complete with a

    Andrea Zupancich Z' Up North Realty

    1063 Fernberg Rd, Ely, MN 55731
  • /19

    $450,000

    • 1 Bed
    • 618 Sq Ft

    518 Sparrow Ln, Ely, MN 55731

    Classic 1930s Log Cabin on Fall LakeStep back in time and embrace the charm of this classic 1930s log cabin set on 2.23 acres with 300 feet of stunning Fall Lake shoreline. Enjoy your own beautiful sandy beach, perfect for swimming and relaxing by the water. Don't forget Fall Lake leads you into the BWCA. The cabin offers rustic character and is being sold fully furnished, ready

    Julian Rasmusson Z'Up North Realty, Inc.

    518 Sparrow Ln, Ely, MN 55731
  • /22

    $449,000

    • 1 Bed
    • 1 Bath
    • 1,160 Sq Ft

    1475 Echo Trail, Ely, MN 55731

    Echo Trail Home - This custom built, 1160 sq ft home in Ely has everything you would expect to find in the sought after Echo Trail area. The original owner has maintained and updated the home which is in move-in condition. Large windows provide sunlight throughout the day and views of the magnificent tree cover. The 19 X 18 living room has windows on 3 sides, a free standing propane fireplace

    Janet Erchul Ely Realty

    1475 Echo Trail, Ely, MN 55731
  • /42

    $475,000

    • 1 Bed
    • 1 Bath
    • 1,080 Sq Ft

    4089 First Lake Rd, Ely, MN 55731

    This Echo Trail beauty in Ely, Mn is an opportunity to find solace at this 18 acre off grid nature wonderland with a beautiful year round home/cabin. There is a new septic system, drilled well with crystal clear drinking water & 2 independent solar systems providing the ultimate wilderness experience. The 1080 sq. ft open floor plan features the living, dining area, kitchen, and 3⁄4

    Janet Erchul Ely Realty

    4089 First Lake Rd, Ely, MN 55731
  • /26

    $495,000

    • 1 Bed
    • 1 Bath
    • 1,440 Sq Ft

    2137 Deer Ridge Rd, Ely, MN 55731

    Very well cared for 1,440 square foot home with amazing landscaping. This one level home has a bedroom, bathroom, open kitchen living area and large family room. Interior features are natural woodwork, tiled floors, 9' ceilings, wet bar, laundry room and infloor heat. The septic system is compliant and sized for 3 bedrooms allowing for the addition of more bedrooms. The area around the home is

    Chris Eilrich Wildwoods Land Company

    2137 Deer Ridge Rd, Ely, MN 55731
  • /14

    $400,000

    • Land
    • 60 Acres
    • $6,663 per Acre

    xxx Grant McMahan Blvd, Ely, MN 55731

    Highly sought after forest hunting land adjacent to Superior National Forest with a natural spring oasis. A land full of mystery, history and lots of stories. Zoned multi-use so bring in your trailer or mobile home, build a cabin, house or hunting lodge. Enjoy the many wooded acres and the amazing 125 foot spring fed quarry named "The Crusher." Formerly an active greenstone mine until it closed

    Judith Copeland Grobel Realty

    xxx Grant McMahan Blvd, 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
  • /27

    $475,000

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft

    3547 Norway Ln, Ely, MN 55731

    Andrea Zupancich Z'Up North Realty, Inc.

    3547 Norway Ln, Ely, MN 55731

Home Trends in Ely, MN

Housing Trends

Median Sale Price
$229,500
Median Single Family Sale Price
$245,000
Average Price Per Sq Ft
$294
Number of Homes for Sale
49
Last 12 months Home Sales
130
Months of Supply
4.50
Median List Price
$279,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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