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Ely, MN Homes for Sale under $600,000

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  • /33

    $525,000

    • Land
    • 11.85 Acres
    • $44,304 per Acre

    TBD Minnesota 169, Ely, MN 55731

    Over 1/4 of a mile of shoreline!! It's hard do find a large lakeshore parcel with direct Hwy 169 access and a varied shoreline and terrain like this one!! This property has a remote BWCA feel with an easy access to the lake from the adjoining public access area. The low area to this property is located next to the public landing, offering privacy for the new owners. The current owner was shown

    Agent Photo

    Richard Erickson

    Re/Max Results

    TBD Minnesota 169, Ely, MN 55731
  • /89

    $499,000

    $80K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 3,240 Sq Ft

    1365 S White Iron Rd, Ely, MN 55731

    Enjoy comfortable one-level living with an open-concept living and dining area, refreshed kitchen with new appliances, a main-floor laundry, and a bright sunporch. Relax and unwind in your private sauna complete with a changing room and shower. The land showcases a picturesque mix of mature pines and northern hardwoods, offering breathtaking views in every direction. Established trails wind

    Kate Davies Bear Island Realty LLC

    1365 S White Iron Rd, Ely, MN 55731
  • /30

    $379,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    2331-1 Old Highway 169, Ely, MN 55731

    OPEN HOUSE: Click link for 3D Virtual Tour. Ely Country Home On 11.5 acres, just 5 miles south of Ely set back off Highway 169. 1B/1B yr rnd home, screen porch has potential to become second bedrm. 4920SF storage bldg has 17ft high double doors on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & huge space for indoor storage. Drilled well. Good internet. Area for garden. Looking to

    Lisa Janisch Janisch Realty, Inc

    2331-1 Old Highway 169, Ely, MN 55731
  • /60

    $529,000

    • 2 Beds
    • 837 Sq Ft

    2854 Blueberry Island, Ely, MN 55731

    A rare point property on Burntside Lake on Blueberry Island, offering spectacular elevated views in three directions, including western sunset views, across one of northern Minnesota's most pristine lakes. Surrounded by dramatic Canadian Shield glacial rock outcroppings and native forest, this exceptional setting captures the timeless beauty of the Northwoods. The classic 1918 seasonal two

    Trish Bulinski Bear Island Realty LLC

    2854 Blueberry Island, Ely, MN 55731
  • /39

    $449,900

    • 3 Beds
    • 1.5 Baths
    • 2,120 Sq Ft

    3938 Cedar St, Ely, MN 55731

    Beautiful 3-bedroom, 2-bathroom home with 350' of sugar-sand beach lakeshore on Eagles Nest 1 lake in coveted Ely/Tower. Enjoy your very own peninsula so private and serene. Start your day with coffee on the patio or deck enjoying the lake view! It features many upgrades since 2016, including windows, furnace, washer/dryer, and mini-split(s) just to name a few. Call me today for a showing!

    Samantha Koivunen Dane Arthur Real Estate Agency

    3938 Cedar St, Ely, MN 55731
  • /37

    $599,000

    $76K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 2,079 Sq Ft

    359 Sunset Rd, Ely, MN 55731

    Nestled into a private wooded parcel on the beautiful White Iron Chain of Lakes, this year-round home offers 2 bedrooms, 2 bathrooms, and 2,079 square feet of comfortable Northwoods living. The open-concept living room, dining area, and kitchen create a warm and inviting gathering space, while the three-season porch surrounded by windows provides a peaceful place to relax and enjoy the natural

    Lori Schulze Keller Williams Classic Realty NW - Ely

    359 Sunset Rd, Ely, MN 55731
  • /18

    $349,000

    • 2 Beds
    • 1 Bath
    • 630 Sq Ft

    3801 Fenske Lake Rd, Ely, MN 55731

    Completely remodeled in 2021, this 2 bedroom, 1 bath cabin has a south facing view over Fenske Lake. The original wood floors and log beams kept the charm of the cabin while the gas fireplace, fresh woodwork and lakeside windows added some comfort. There is a lakeside screen porch overlooking the campfire area and dock. The cabin comes completely furnished inside and out including furniture,

    Chris Eilrich Wildwoods Land Company

    3801 Fenske Lake Rd, Ely, MN 55731
  • /59

    $480,000

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

    1359 SW Shores Trail, Ely, MN 55731

    Year around cabin (or small home) located on White Iron Lake is 5 miles south of Ely near the very end of a private road. This 1 bedroom, 1 bath home has aprox 2.45 acres and 267 feet of shoreline with a dock. Built new in 2016, home is very efficient and has a heated slab, and a fireplace as well! The attached garage is completely finished, and could easily be converted to additional living

    Jeff Hway Bear Island Realty LLC

    1359 SW Shores Trail, Ely, MN 55731
  • /43

    $495,000

    $30K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,722 Sq Ft

    2826 Cedar Lake Rd, Ely, MN 55731

    Welcome to your Northern Minnesota retreat. Nestled on 5 private acres in Ely, this solid, efficient home offers the space and seclusion you’ve been searching for—without sacrificing convenience. This 4-bedroom, 3-bath home features warm tongue-and-groove woodwork throughout, adding character and craftsmanship. Generous living space flows naturally, providing room to spread out along with ample

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2826 Cedar Lake Rd, Ely, MN 55731
  • /73

    $395,000

    • 2 Beds
    • 1 Bath
    • 955 Sq Ft

    13412 Bear Paw Trail, Ely, MN 55731

    3 bedroom cabin is located on the West side of Farm Lake-- part of the large Farm, Garden, and White Iron Lake chain, that offers direct water access into the Boundary Waters Canoe Area! It has a commanding view of the lake and the BWCAW in the distance to the east! Custom built in 1992 by one of Ely's fine craftsmen. There are 2 bedrooms on the main floor, and a loft upstairs for a 3rd bedroom

    Jeff Hway Bear Island Realty LLC

    13412 Bear Paw Trail, Ely, MN 55731
  • /12

    $347,000

    • Land
    • 2.8 Acres
    • $123,929 per Acre

    417 Barrel Rd, Ely, MN 55731

    Well Maintained Year Round Road To This Level Homesite On The South Shore Of Fall Lake, A Premier Boundary Waters Entry Lake! Boat 2 Miles From Your Dock Into The BWCA and up to Basswood Lake! Just 6 Mi To Ely. Water Views All The Way Up The Lake, 205 Ft Excellent Swimming Shoreline, Private 2.8 Wooded Acres, Walking Distance to Kawishiwi Falls. Fall is a 2,258 acre lake, 32 ft deep & part of a

    Lisa Janisch Janisch Realty, Inc

    417 Barrel Rd, Ely, MN 55731
  • /94

    $449,000

    • 2 Beds
    • 2 Baths
    • 1,389 Sq Ft

    1772 Highway 120, Ely, MN 55731

    Beautiful one owner, custom built 2 bedroom, 2 bath home offering exceptional privacy on 11 wooded acres with 77 feet of Blueberry Lake shoreline. Bordered on two sides by public land, a short hike to the main body of Blueberry Lake. This special Northwoods property offers a rare combination of privacy, natural beauty, lake access, and additional living space. The main level welcomes you with

    Trish Bulinski Bear Island Realty LLC

    1772 Highway 120, Ely, MN 55731
  • /16

    $305,000

    • 1 Bed
    • 1 Bath
    • 530 Sq Ft

    3803 Fenske Lake Rd, Ely, MN 55731

    Located just 20 feet from the waters edge, this 1 bedroom, 1 bath cabin has lake views from every room. Completely remodeled in 2017, this wood-sided cabin has knotty pine interior, oak floors and a gas fireplace. There is a south facing view over Fenske Lake and the private dock. The cabin comes completely furnished inside and out including furniture, appliances, cookware, canoe, dock and more.

    Chris Eilrich Wildwoods Land Company

    3803 Fenske Lake Rd, Ely, MN 55731
  • /39

    $554,900

    $45K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,111 Sq Ft

    12957 W Ridge Rd, Ely, MN 55731

    Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. This beautifully maintained log home offers the perfect blend of serenity and convenience. Ideally located near numerous stunning lakes, this property is a gateway to the best of nature and recreation. The main log home features 1–2 bedrooms and 2 full bathrooms. "warm tiles" in both the kitchen and bath to add comfort and charm which are

    Julian Rasmusson Z'Up North Realty, Inc.

    12957 W Ridge Rd, Ely, MN 55731
  • /16

    $519,900

    $80K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft

    14649 Canadian Border Rd, Ely, MN 55731

    Moose Lake property with +-350' of shoreline and +-3 acres of wooded forest around a 3 bedroom, 2 bath Cedar Log Home. Spectacular views of the lake and BWCAW. Walk out basement, cathedral ceiling with cedar finish throughout, along with sliding glass doors on lake side for a constant view of Moose Lake. The property has a 3 car detached garage with upstairs apartment.

    Paul Norlander Options Realty

    14649 Canadian Border Rd, Ely, MN 55731
  • /42

    $445,000

    • 1 Bed
    • 1.5 Baths
    • 1,890 Sq Ft

    1717 Pine Street Rd, Ely, MN 55731

    Sitting on almost two acres with 260 ft of lake shore on One Pine Lake – Well-Cared-For Lake Home with Outbuildings. This well-maintained lake home offers comfortable living, lake views, and an impressive collection of outbuildings for all your storage, hobby, and workshop needs. The main level features a legal primary bedroom, a full bathroom, an L-shaped kitchen, dining area, and a spacious

    Julian Rasmusson Z'Up North Realty, Inc.

    1717 Pine Street Rd, Ely, MN 55731
  • /35

    $399,000

    $20K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft

    3547 Norway Ln, Ely, MN 55731

    $5,000 TOWARDS BUYERS CLOSING COSTS! Step into the warmth of this stunning log home, perfectly designed for those seeking a peaceful escape. Log home tucked under the White Pines on Everett Lake outside Ely MN. The open-floor concept blends the kitchen, dining, and living areas beautifully, making it the heart of the home. Picture yourself enjoying a morning coffee at the kitchen breakfast bar or

    Andrea Zupancich z' Up North Realty

    3547 Norway Ln, Ely, MN 55731
  • /97

    $375,000

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 760 Sq Ft

    1736 N Grassy Rd, Ely, MN 55731

    Edge of the wilderness living at its finest! This awesome cabin is located about 20 minutes north of Ely, up the Echo Trail and about 3 miles in on the N. Grassy Road, and near the Mudro Lake entry point into the million-acre Boundary Waters Canoe Area Wilderness! Enjoy phenomenal wilderness views of the creek valley and creek that flows into Grassy Lake! The property even has a scenic waterfall

    Jeff Hway Bear Island Realty LLC

    1736 N Grassy Rd, Ely, MN 55731
  • /97

    $589,000

    • 2 Beds
    • 1 Bath
    • 1,188 Sq Ft

    4151 Mud Creek Rd, Ely, MN 55731

    Quality handcrafted log home on 20± acres! This exceptional property is a recreational paradise with year-round access, conveniently located near Ely and Lake Vermilion. The beautifully crafted button-pass log home features an open-concept floor plan with a cozy wood-burning fireplace and a modern kitchen complete with cherry cabinetry, granite countertops, tile backsplash, and stainless-steel

    Anna Yahnke Bear Island Realty LLC

    4151 Mud Creek Rd, Ely, MN 55731
  • /40

    $439,000

    $20K PRICE DROP
    • 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
  • /16

    $344,900

    $4K PRICE DROP
    • Land
    • 2.1 Acres
    • $164,238 per Acre

    TBD Powerhouse Trail, Ely, MN 55731

    West-facing Fall Lake lot — +-375’ of sunset shoreline, build-ready. Watch the sun set over the water every evening from this +-2.1 acre parcel on the south side of Fall Lake, a premium sought-after site at the end of Powerhouse Trail — now available again. A mature Red Pine stand lines +-375’ of classic rocky Boundary Waters shoreline, reached by a short path from the elevated building site. The

    Chris Eilrich Wildwoods Land Company

    TBD Powerhouse Trail, Ely, MN 55731
  • /15

    $349,000

    • 2 Beds
    • 1 Bath
    • 690 Sq Ft

    3775 Fenske Lake Rd, Ely, MN 55731

    Updated 2 bedroom cabin on a quiet, secluded lake. The lakeside kitchen has modern amenities, including a dishwasher and bathroom includes a whirlpool jet tub. A gas fireplace adds warmth to the living and dining rooms while the screen porch overlooks the private dock with sitting bench. This cabin has a true northwoods feel with lots of trees for privacy. The original wood floors and log beams

    Chris Eilrich Wildwoods Land Company

    3775 Fenske Lake Rd, Ely, MN 55731
  • /98

    $369,000

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,450 Sq Ft

    4304 Mud Creek Rd, Ely, MN 55731

    Off grid living at its finest! Large 2 bedroom home on 40 private acres located aprox 3.3 miles up county maintained Mud Creek Road from Highway 169, half way between Ely and Tower. Great location with state lands on 2 sides and very close to the Mud Creek public access where a boat or canoe can be launched to access Mud Lake, and great fishing! There are views of Mud Creek from the home. The

    Jeff Hway Bear Island Realty LLC

    4304 Mud Creek Rd, Ely, MN 55731
  • /29

    $599,000

    • 3 Beds
    • 1 Bath
    • 864 Sq Ft

    3451 Jackpine Ln, Ely, MN 55731

    CABIN on BEAUTIFUL SNOWBANK LAKE: Large 3-bedroom modern/rustic cabin located approximately 50 feet from the shores of Snowbank Lake. Property includes +-275 feet of shoreline with views across the lake into the BWCAW. The cabin sits close to the water's edge with a large 32' x 7' deck on the lakeside accessed by patio doors from the living room area. Cabin features attractive tongue and groove

    Don Stocks Wildwoods Land Company

    3451 Jackpine Ln, Ely, MN 55731
  • /37

    $495,000

    $80K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 768 Sq Ft

    1340 Walsh Rd, Ely, MN 55731

    Lakefront Living on Eagle's Nest Lake #3! This year-round cabin offers approximately 100 feet of level shoreline and provides easy access to the water, by dock, boat launch and plenty of room to enjoy the outdoors. The 4-bedroom, 1 1/2-bath home features an open-concept kitchen, dining, and living area that creates a comfortable gathering space for family and friends, overflowing to a screened

    Jason Roy Wildwoods Land Company

    1340 Walsh Rd, Ely, MN 55731
  • /93

    $499,999

    • 2 Beds
    • 2 Baths
    • 2,382 Sq Ft

    2762 Cedar Lake Rd, Ely, MN 55731

    Lovely 2-bedroom, 2-bath kit log home situated on 10 acres of diverse forest. Custom built in 1994 by Greatwood Log Homes; this quality crafted, one owner residence has been meticulously maintained and offers the perfect blend of rustic charm and modern comfort. The main level features a spacious bedroom and full bath, along with an open-concept kitchen, dining, and living area highlighted by a

    Trish Bulinski Bear Island Realty LLC

    2762 Cedar Lake Rd, Ely, MN 55731
  • /30

    $379,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    2331 Old Highway 169, Ely, MN 55731

    OPEN HOUSE: Click link for 3D Virtual Tour. Ely Country Home On 11.5 acres, just 5 miles south of Ely set back off Highway 169. 1B/1B yr rnd home, screen porch has potential to become second bedrm. 4920SF storage bldg has 17ft high double doors on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & huge space for indoor storage. Drilled well. Good internet. Area for garden. Looking to

    Lisa Janisch Janisch Realty Inc

    2331 Old Highway 169, Ely, MN 55731
  • /33

    $475,000

    $124K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,172 Sq Ft

    2734 Bear Island River Rd, Ely, MN 55731

    Stop the scroll—this is the lake place you’ve been waiting for! With 266 feet of prime shoreline, this one-level 2+ bedroom, 2 bath cabin is perched perfectly for sweeping island views, southwest exposure, and jaw-dropping sunsets over Bear Island Lake. Inside, enjoy a bright, eat-in kitchen where you can watch the lake sparkle while you dine, plus comfortable bedrooms and two baths with plenty

    Andrea Zupancich z' Up North Realty

    2734 Bear Island River Rd, Ely, MN 55731
  • /20

    $595,900

    • 4 Beds
    • 2 Baths
    • 2,330 Sq Ft

    444 Fernberg Rd Unit 11, Ely, MN 55731

    **4-Season Cabin on Garden Lake – White Iron Chain, Ely, MN** This is a turnkey 4-season cabin ready for your personal enjoyment or rental income, perfectly situated with stunning views of Garden Lake. Enjoy sweeping lake vistas right from the living area and the spacious lakeside screened-in porch/deck — the ideal spot for morning coffee, evening sunsets, or relaxing with friends and family.

    Chad Davis Canoe Capital Realty, LLC

    444 Fernberg Rd Unit 11, Ely, MN 55731
  • /97

    $439,000

    • 2 Beds
    • 3 Baths
    • 2,579 Sq Ft

    1247 Wolf Den Dr, Ely, MN 55731

    Country Home in Beautiful Ely, MN. Escape to your own private retreat in the Northwoods! Nestled among towering trees outside of Ely, this inviting country home offers the perfect blend of rustic charm and modern comfort. Step inside to find warm wood floors throughout, and a bright, open loft that fills the home with natural light. Floor-to-ceiling windows showcase the serene, wooded views,

    Beth Ohlhauser Bear Island Realty LLC

    1247 Wolf Den Dr, Ely, MN 55731
  • /16

    $347,000

    • Land
    • 2.8 Acres
    • $123,929 per Acre

    417 Barrell Rd, Ely, MN 55731

    Well Maintained Year Round Road To This Level Homesite On The South Shore Of Fall Lake, A Premier Boundary Waters Entry Lake! Boat 2 Miles From Your Dock Into The BWCA and up to Basswood Lake! Just 6 Mi To Ely. Water Views All The Way Up The Lake, 205 Ft Excellent Swimming Shoreline, Private 2.8 Wooded Acres, Walking Distance to Kawishiwi Falls. Fall is a 2,258 acre lake, 32 ft deep & part of a

    Lisa Janisch Janisch Realty Inc

    417 Barrell Rd, Ely, MN 55731
  • /94

    $599,000

    $21K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft

    1347 Walsh Rd, Ely, MN 55731

    A rare Northwoods treasure on beautiful Eagles Nest Lake 2, this meticulously maintained custom log home offers the kind of lakefront setting buyers dream about. Privately tucked on approximately 1.55 wooded acres with an extraordinary 295 feet of picturesque shoreline, the property boasts a premier location along the scenic channel connecting Eagles Nest Lakes 1 and 2. The result is a peaceful,

    Kate Davies Bear Island Realty LLC

    1347 Walsh Rd, Ely, MN 55731
  • /24

    $317,000

    • 2 Beds
    • 1,282 Sq Ft

    651 Fernberg Rd, Ely, MN 55731

    Newly built off grid/dry cabin just 10 minutes east of Ely. This 2 bedroom cabin overlooks a large beaver pond and is at the end of a private road. It comes with a 1,500 watt solar system, wood burning fireplace, LP smart siding, metal roof and has 2 unfinished bathrooms. The property also features a wood sauna overlooking the pond and a 60' greenhouse/shop with rain collection system. This is a

    Chris Eilrich Wildwoods Land Company

    651 Fernberg Rd, Ely, MN 55731
  • /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
  • /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

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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