$349,000

TBD Powerhouse Trail Ely, MN 55731

Estimated payment $2,003/month

2.1 Acres
$166,190 Price per Acre
91,476 Sq Ft Lot

About This Lot

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 work is already done: new driveway built to the building site, full survey completed (elevations and corners marked), power on site, and septic approved — start construction this season rather than next. The northern portion of Fall Lake lies within the BWCA, offering exceptional recreation right from your shore: motor boating, paddling, portaging, and fishing. Your home or vacation cabin is waiting.

Listing Agent

Chris Eilrich

Wildwoods Land Company Brokerage Phone: Listed on: 07/07/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,544

Lot Details

  • 2.1 Acre Lot
  • Lot Dimensions are 65 x 440 x 375 x 410
  • Private Waterfront
  • Property fronts a private road

Property Views

  • Lake Views

Listing and Financial Details

  • Assessor Parcel Number 28-6367-01060

Property Details

Property Type

Land

Est. Annual Taxes

$1,544

Lot Details

2.1 Acres

Listing Details

  • Directions: From Ely....head out to the Fernberg Road to Power Dam Road, left on Powerhouse Trail. Signs on property.
  • Tax Year: 2026
  • View Type:Pond View: Inland Lake
  • Property Sub Type: Recreational
  • Property Type: Land
  • LotSizeAcres: 2.1
  • Lot Size: 65 x 440 x 375 x 410
  • Road Frontage Type: Private Road
  • Water Body Name: Fall
  • Co List Office Mls Id: LSA11357
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • LSA_Improvements: Survey Stakes
  • Special Features: None

Exterior Features

  • Disclosures: Convenants/Rest, Re Transfer Dis, Seller Provided Survey Available, Platted, Disc./Condition Report
  • LSA_WaterfrontAccess: Private

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 315.6
  • Association Fee Frequency: Yearly

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Development Status: Raw Land
  • Parcel Number: 28-6367-01060
  • Land Lease Expiration Date: 2026-12-07

Tax Info

  • Tax Annual Amount: 1544

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2026 07/07/26 For Sale $349,000 -- --
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6126592

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