24

Ely, MN Homes for Sale under $700,000

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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
  • /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
  • /89

    $525,000

    $54K 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
  • /99

    $529,000

    $46K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 2,600 Sq Ft

    438 Buck View Rd, Ely, MN 55731

    Rustic Lakefront Retreat on 1.2 Acres with 279' of shoreline on pristine Garden Lake, part of the White Iron Chain of Lakes. Tucked away in the heart of the Northwoods, this spacious 5-bedroom, 3-bathroom home offers incredible potential, ready for your vision and updates—perfect for those looking to renovate or remodel to make it their own. Outside, the property truly shines. The standout

    Trish Bulinski Bear Island Realty LLC

    438 Buck View Rd, 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
  • /38

    $625,000

    $50K 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
  • /43

    $499,000

    $26K 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
  • /28

    $649,000

    • 2 Beds
    • 2.5 Baths
    • 2,920 Sq Ft

    1804 N Bay Rd, Ely, MN 55731

    Nestled approximately 12 miles south of Ely, this 3BR/3BA Birch Lake home sits on a 2.6-acre point, offering unparalleled views of Birch Lake from three sides. With 675 feet of accessible, user-friendly shoreline, with sandy beach. Huge living/dining room with a cozy wood-burning brick fireplace, lakeside room with vaulted ceilings and panoramic lake views, en-suite primary bedroom, main floor

    Andrea Zupancich Z'Up North Realty, Inc.

    1804 N Bay 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
  • /86

    $649,000

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

    1550 Pyhola Rd, Ely, MN 55731

    End of the road privacy and fantastic views at this White Iron Lake home! Located just 6 miles south of Ely off of Highway 1 is this very nice 2 BR, 1 bath (plus sauna) year around home or cabin! Located at the quiet south end of the lake where your awesome views are of gorgeous islands and 3 miles of federally owned wilderness shoreline! You can hear the roar of the Kawishiwi River in the

    Jeff Hway Bear Island Realty LLC

    1550 Pyhola Rd, Ely, MN 55731
  • /16

    $544,900

    $55K 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
    • 3,204 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
  • /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
  • /50

    $475,000

    $155K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,248 Sq Ft

    13359 Villa Rd, Ely, MN 55731

    Enjoy the best of every season on the shores of White Iron Lake. This beautifully updated 3-bedroom, 2-bath year-round Northwoods home sits right at the water’s edge in the desirable White Iron Villas, offering panoramic western views and unforgettable sunsets in every season. With direct access to the White Iron Chain of Lakes and the Boundary Waters Canoe Area Wilderness (BWCAW), this

    Lori Schulze Keller Williams Classic Realty NW - Ely

    13359 Villa 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

    $525,000

    $50K 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
  • /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
  • /98

    $519,000

    $30K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,335 Sq Ft

    632 Voyageur Rd, Ely, MN 55731

    2 bedroom, 1 bath year-around lake home on Farm Lake, part of the massive Farm, Garden, White Iron Lake chain of lakes. Home is on a gorgeous +/-1.5 acre south facing parcel and has both a quiet bay to keep your boat in, and a unique large stunning point of land, and a total of aprox 540 feet of spectacular shoreline! The home is all on one level and has a huge attached 2 stall garage. The house

    Jeff Hway Bear Island Realty LLC

    632 Voyageur Rd, Ely, MN 55731
  • /39

    $424,000

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft

    3547 Norway Ln, Ely, MN 55731

    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 of 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 cozying up by the wood-burning

    Andrea Zupancich Z'Up North Realty, Inc.

    3547 Norway Ln, 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
  • /30

    $645,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft

    3297 NW Burntside Lake, Ely, MN 55731

    Burntside Lake Handscribed Log Home In Private Bay At End Of Pristine Granite Fiord. Set on 1703 ft shoreline & 38.75 acres of park-like forest w/walking trails, surrounded on 3 sides by Federal forests at the edge of the BWCA. Huisman custom built 2010, 800 SF, 1B/1B home w/cedar shake roof & wrap deck. Open great rm w/wood burning firepl & wall of windows showcasing majestic panoramic views

    Lisa Janisch Janisch Realty, Inc

    3297 NW Burntside Lake, 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

Home Price Trends

Median Sale Price
$190,000
Median Single Family Sale Price
$194,000
Median 2 Bedroom Sale Price
$135,000
Median 1 Bedroom Sale Price
$135,500
Average Price Per Sq Ft
$157
Number of Homes for Sale
20
Last 12 months Home Sales
53
Months of Supply
4.50
Median List Price
$198,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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