31

Ely, MN Land & Home Lots for Sale

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  • /5

    $25,000

    • Land
    • 0.80 Acre
    • $31,250 per Acre

    2128 Sibley Ct, Ely, MN 55731

    Come out of the woods or off the lake and build your in-town dream home on one of the 11 lots in Sibley Estates! Enjoy all of the amenities and convenience of living in town with the peace and quiet of a wooded lot, close to the Trezona trail with convenient access to a recreational trail. This lot is .8 acres. All the City Services - water, sewer and electric are in and ready for hookup.

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 405-8075

    2128 Sibley Ct, Ely, MN 55731
  • /5

    $38,900

    • Land
    • 1.60 Acres
    • $24,312 per Acre

    2128 and 2136 Sibley Ct, Ely, MN 55731

    Come out of the woods or off the lake and build your in-town dream home on this 1.6 acre, 2 lots for the price of 1 - in Sibley Estates! Enjoy all of the amenities and convenience of living in town with the peace and quiet of a wooded lot, close to the Trezona trail with convenient access to a recreational trail. This lot is approximately 1.6 acres. All the City Services - water, sewer and

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 309-7935

    2128 and 2136 Sibley Ct, Ely, MN 55731
  • /30

    $169,900

    • Land
    • 8 Acres
    • $21,238 per Acre

    TBDx Grant McMahan Blvd, Ely, MN 55731

    Shagawa Lake Lot: West Facing 8 +/- acres and 885 +/- feet of wooded shoreline consisting of Maple, Pople, Mixed Pines, Cedar and Birch. This beautiful parcel is only 2.7 miles from the center of Ely and provides you your own Natural Wildlife Sanctuary or you can take a quick walk across Grant McMahan to a magnificent 87 acre Wildlife Management Area. You will be able to enjoy gentle hikes, Game

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 616-9799

    TBDx Grant McMahan Blvd, Ely, MN 55731
  • /5

    $25,000

    • Land
    • 0.80 Acre
    • $31,250 per Acre

    2136 Sibley Ct, Ely, MN 55731

    Come out of the woods or off the lake and build your in-town dream home on one of the 11 lots in Sibley Estates! Enjoy all of the amenities and convenience of living in town with the peace and quiet of a wooded lot, close to the Trezona trail with convenient access to a recreational trail. This lot is .8 acres. All the City Services - water, sewer and electric are in and ready for hookup.

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 549-4314

    2136 Sibley Ct, Ely, MN 55731
  • /17

    $44,900

    • Land
    • 1.94 Acres
    • $23,144 per Acre

    TBD Black Bear Trail, Ely, MN 55731

    Wooded 1.94 acre parcel with deeded access to Farm Lake is the ideal setting for putting down roots, whether its a country cabin or simply for camping. Mixture of aspen & mature pine. Good cell service, phone & power are available. Located 6 miles from Ely, very close access to Farm Lake & the BWCA.

    Don Stocks Wildwoods Land Company

    TBD Black Bear Trail, Ely, MN 55731
  • /6

    $945,000

    • Land
    • 5 Acres
    • $178,302 per Acre

    TBD Waters Island, Ely, MN 55731

    Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the

    Lisa Janisch Janisch Realty, Inc

    TBD Waters Island, Ely, MN 55731
  • /9

    $295,000

    • Land
    • 2.50 Acres
    • $118,000 per Acre

    xxx Burntside Lake Island Unit Cousins Island Lot 2, Ely, MN 55731

    Experience the serene beauty of Burntside Lake with this exceptional 2.5-acre lot located on a quiet, wooded island just a short boat ride from the mainland. With approximately 295 feet of private shoreline, this property offers the perfect balance of seclusion and accessibility — a peaceful retreat surrounded by clear waters, granite outcroppings, and old-growth pines. Mature trees and natural

    Lori Schulze Keller Williams Classic Realty NW - Ely

    xxx Burntside Lake Island Unit Cousins Island Lot 2, Ely, MN 55731
  • /9

    $295,000

    • Land
    • 2.50 Acres
    • $118,000 per Acre

    xxx Burntside Lake Island Unit Cousins Island Lot 1, Ely, MN 55731

    Escape to your private island paradise on the crystal-clear waters of Burntside Lake, one of northern Minnesota’s most sought-after destinations. This rare 2.5-acre island lot features approximately 700 feet of pristine, natural shoreline, offering breathtaking panoramic views, excellent privacy, and endless recreational possibilities. Towering pines and mature forest provide a classic Northwoods

    Lori Schulze Keller Williams Classic Realty NW - Ely

    xxx Burntside Lake Island Unit Cousins Island Lot 1, Ely, MN 55731
  • /12

    $40,000

    • Land
    • 0.44 Acre
    • $90,909 per Acre

    2224 Spaulding Dr, Ely, MN 55731

    Don't miss out on the opportunity to build your dream home in this idyllic location. Whether you're a homebuyer, nature lover, or Ely resident, this lot offers the perfect backdrop for peaceful living and outdoor adventure. Enjoy the serenity of a rural setting while still benefiting from all the conveniences of city life in Ely. You have the conveniences of city water and sewer, electric,

    Andrea Zupancich Z' Up North Realty

    2224 Spaulding Dr, Ely, MN 55731
  • /35

    $149,000

    • Land
    • 4.15 Acres
    • $35,904 per Acre

    TBD Migisi Rd, Ely, MN 55731

    Lakeshore parcel approx. 12 miles west of Ely on Eagles Nest Lake 2 with approx. 4 acres and 485 feet of shoreline in a quiet bay! Eagles Nest 2 connects with Eagle Nest Lake 1 for a combined acreage of over 700 acres and are both crystal clear lakes with great fishing! The parcel is relatively level with nice tree cover and building sites, and then goes down to the lakeshore where there is a

    Jeff Hway Bear Island Realty LLC

    TBD Migisi Rd, Ely, MN 55731
  • /15

    $155,000

    • Land
    • 20 Acres
    • $7,750 per Acre

    1687 Golden Ridge Tr, Ely, MN 55731

    +-20 ACRE PARCEL just 3/4 miles off the Echo Trail with the road in. This parcel has a good mixture of tree cover with White and Norway Pine, Balsam, Cedar, Ash and Aspen. Possible year round access. Already installed is a 3 bedroom septic system and a 325' drilled well. There is a building site for house and garage, power nearby. Excellent property at an affordable price.

    Don Stocks Wildwoods Land Company

    1687 Golden Ridge Tr, Ely, MN 55731
  • /8

    $95,000

    • Land
    • 5 Acres
    • $17,593 per Acre

    xxx Highway 169, Ely, MN 55731

    This large lake lot adjoins Federal Land and it is located in a quiet bay on the southwest corner of Shagawa Lake. The property has +-5.4 acres and +-457' of shoreline along with the mouth of Longstorff Creek a designated trout stream. A driveway meanders through a thick pine forest, down to the lot where a trail then leads you to the building plateau. Perfect location just a few miles from town

    Chris Eilrich Wildwoods Land Company

    xxx Highway 169, Ely, MN 55731
  • /46

    $325,000

    • Land
    • 160 Acres
    • $2,031 per Acre

    1777 Grant McMahan Blvd, Ely, MN 55731

    Unique large acreage with panoramic views of Shagawa Lake. This stunning wooded parcel features 160 acres overlooking Shagawa Lake near the Echo Trail in Ely. Dynamic characteristics include varying topography, a scenic ravine, and picturesque ridges with established 4-wheeler trails. Not only is the property abundant with wildlife including deer, but there are also generous amounts of wild

    Kate Davies Bear Island Realty LLC

    1777 Grant McMahan Blvd, Ely, MN 55731
  • /35

    $45,000

    • Land
    • 0.56 Acre
    • $80,357 per Acre

    TBD Hill Top Rd, Ely, MN 55731

    Amazing elevated panaramic views of the City, Shagawa, and Miners Lake. .56 acres of mixed tree cover, improvements include a new driveway and building site preparation. Due to the challenges of bringing city sewer and water to the location, a buyer likely will hold onto the property for future development. Once the time is right for neighboring lots including the bordering City of Ely

    Trish Bulinski Bear Island Realty LLC

    TBD Hill Top Rd, Ely, MN 55731
  • /5

    $115,000

    • Land
    • 0.18 Acre
    • $638,889 per Acre

    444 Fernberg Rd Unit 10, Ely, MN 55731

    Ready to build lot located at beautiful Deer Ridge Resort on Garden Lake resort part of the White Iron Chain of Lakes. This lot has septic as well as power and water pulled to the lot. Lot does have partial lake view (see pics). This is a residential listing with no owner usage restrictions once cabin/home has been built. Rental and property management is possible with the property manager The

    Chad Davis Canoe Capital Realty, LLC

    444 Fernberg Rd Unit 10, Ely, MN 55731
  • /5

    $84,000

    • Land
    • 0.18 Acre
    • $466,667 per Acre

    444 Fernberg Rd, Ely, MN 55731

    Ready to build lot located at beautiful Deer Ridge Resort on Garden Lake resort part of the White Iron Chain of Lakes. This lot has septic as well as power and water pulled to the lot. Lot does have partial lake view (see pics). This is a commercial listing with owner usage restrictions once cabin/home has been built. Rental and property management provided by property manager The Davis Group

    Chad Davis Canoe Capital Realty, LLC

    444 Fernberg Rd, Ely, MN 55731
  • /10

    $204,000

    • Land
    • 4.40 Acres
    • $46,364 per Acre

    XXX10 Powerhouse Trail, Ely, MN 55731

    Fall Lake West Lots…..first time offered to the public. This large lot of +-4.4 acres with +-235 feet of rocky, but level shoreline, is located in a quite bay on the south side of Fall Lake. There are two possible building sites with lake views through Birch, Maple and Aspen. There is an elevated site closer to the road and one with a more gentle approach to the lakeshore on the western side of

    Don Stocks Wildwoods Land Company

    XXX10 Powerhouse Trail, Ely, MN 55731
  • /12

    $199,900

    • Land
    • 3.90 Acres
    • $51,256 per Acre

    XXX9 Powerhouse Trail, Ely, MN 55731

    First time on the market. This Fall Lake lot has +-3.9 acres with a large building site that sits off the water. From there it's just a short walk towards the level +-205' of shoreline. Fall Lake is a popular entry point into Basswood Lake and the BWCA. At over 6 miles long and 2,322 acres, Fall Lake offers countless fishing and recreational opportunities. This heavily wooded parcel with mixed

    Chris Eilrich Wildwoods Land Company

    XXX9 Powerhouse Trail, Ely, MN 55731
  • /11

    $259,000

    • Land
    • 2.40 Acres
    • $107,917 per Acre

    XXX5 Powerhouse Trail, Ely, MN 55731

    The building site on this +-2.4 acre parcel sit high above the tree tops overlooking most of Fall Lake. Imagine how spectacular the Northern Lights views would be from your front deck. Getting down to the +-315' of rocky shoreline is steep but walkable with some trail improvement through the beautiful Cedar and Pine trees. This parcel would be easy to develop as it is mostly flat with short

    Chris Eilrich Wildwoods Land Company

    XXX5 Powerhouse Trail, Ely, MN 55731
  • /14

    $249,000

    • Land
    • 2.60 Acres
    • $95,769 per Acre

    XXX4 Powerhouse Trail, Ely, MN 55731

    This is the first time that these Fall Lake West Lots have been put on the market. This +-2.6 acre lot has +-210 feet of shoreline and good views looking down Fall Lake to the north and west. A high flat ledge outcropping gives good views down Fall Lake to the east. The lot is nicely wooded with birch, maple, spruce and balsam. Accessible rocky shoreline. Level from the road to possible

    Don Stocks Wildwoods Land Company

    XXX4 Powerhouse Trail, Ely, MN 55731
  • /11

    $275,000

    • Land
    • 3.30 Acres
    • $83,333 per Acre

    XXX3 Powerhouse Trail, Ely, MN 55731

    +-3.3 acre lot on popular BWCA lake just 5 minutes from Ely. Located on the south shore of Fall Lake, this lot has +-275' of rocky shoreline with a small sandy cove. The building site is slightly elevated above a large flat area along the shoreline that would be great for lakeside recreation. Amazing lake views to go along with the sound of the Kawishiwi Fall off in the distance. The parcel is

    Chris Eilrich Wildwoods Land Company

    XXX3 Powerhouse Trail, Ely, MN 55731
  • /11

    $265,000

    • Land
    • 2.90 Acres
    • $91,379 per Acre

    XXX2 Powerhouse Trail, Ely, MN 55731

    Nice level lot on the south shore of Fall Lake with +-215 feet of rocky/sandy shoreline and with direct access into the BWCA and to Basswood Lake. This +-2.9 acre lot has several good building sites with views down the entire length of Fall Lake to the east. The rock outcroppings enhance the character of this lot. Ideal property for your home or cabin, close to Ely (5.5 miles) but out in the

    Don Stocks Wildwoods Land Company

    XXX2 Powerhouse Trail, Ely, MN 55731
  • /12

    $325,000

    • Land
    • 3.20 Acres
    • $101,562 per Acre

    XXX1 Powerhouse Trail, Ely, MN 55731

    A truly one of a kind property located at the mouth of the Kawishiwi Falls. Imagine sitting on your private dock with expansive lake views towards the BWCA in addition to the picturesque falls. Listen to the sounds of the water as it roars over the dam and drops into Fall Lake just down the shoreline. The current slows down by the time it reaches you and creates a natural sand beach with a

    Chris Eilrich Wildwoods Land Company

    XXX1 Powerhouse Trail, 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
  • /37

    $189,900

    • Land
    • 0.49 Acre
    • $387,551 per Acre

    Unit 1 N Kelly Trail, Ely, MN 55731

    Absolutely gorgeous piece of the True North !! This property used to be a resort but was split up for individual cabin life. Premier fishing and excellent hunting right out the front door. Property comes with 2 generators (9500w and 4000w). Propane heat for winter (300 gallon tank). On demand water heater. No motor restrictions or Walleye slot limits on this body of water.This

    Gabriel Werra Timber Ghost Realty, LLC

    Unit 1 N Kelly Trail, Ely, MN 55731
  • /8

    $52,900

    • Land
    • 6 Acres
    • $9,618 per Acre

    TBD Lot 5 Truman Ln, Ely, MN 55731

    5.5 wooded acres just 3 miles from the center of Ely. Enjoy peaceful country living watching plenty of wildlife living in the dream home or seasonal home you build. The west side of the property abuts a designated trout stream. You can catch your trout dinner... Don't miss this one!

    Lori Schulze Keller Williams Classic Realty NW - Ely

    TBD Lot 5 Truman Ln, Ely, MN 55731
  • /49

    $68,900

    • Land
    • 10 Acres
    • $6,890 per Acre

    tbd Labrec Klein Trail, Ely, MN 55731

    Back lot across the road from White Iron Lake off the Sunset Road. Septic sites approved and power already runs down the Sunset Road making electricity accessible. Private road association and covenants in place. Tree cover includes birch, aspen, maple, balsam and large pines scattered throughout. Owner Financing Available.

    Anna Yahnke Bear Island Realty LLC

    tbd Labrec Klein Trail, Ely, MN 55731
  • /48

    $65,900

    • Land
    • 6 Acres
    • $10,154 per Acre

    tbd Labrec Klein Trail, Ely, MN 55731

    Back lot across the road from White Iron Lake off the Sunset Road. Septic sites approved and power already runs down the Sunset Road making electricity accessible. Private road association and covenants in place. Tree cover includes birch, aspen, maple, balsam and large pines scattered throughout. Owner Financing Available.

    Anna Yahnke Bear Island Realty LLC

    tbd Labrec Klein Trail, Ely, MN 55731
  • /45

    $65,900

    • Land
    • 6 Acres
    • $11,982 per Acre

    TBD Sunset Rd, Ely, MN 55731

    Back lot across the road from White Iron Lake off the Sunset Road. Septic sites approved and power already runs down the Sunset Road making electricity accessible. Private road association and covenants in place. Tree cover includes birch, aspen, maple, balsam and large pines scattered throughout. Owner Financing Available.

    Anna Yahnke Bear Island Realty LLC

    TBD Sunset Rd, Ely, MN 55731
  • /40

    $459,000

    • Land
    • 4.68 Acres
    • $98,077 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
  • /10

    $155,000

    • Land
    • 20 Acres
    • $7,750 per Acre

    1687 Golden Ridge Trail, Ely, MN 55731

    +-20 ACRE PARCEL just 3/4 mile off the Echo Trail with the road in. This parcel has a good mixture of tree cover with White and Norway Pine, Balsam Cedar, Ash and Aspen. Possible year round access. Already installed is a 3 bedroom septic system and a 325 ft. drilled well. There is a building site for house and garage, power nearby. Excellent property at an affordable price.

    Don Stocks Wildwoods Land Company

    1687 Golden Ridge Trail, Ely, MN 55731

Home Trends in Ely, MN

Housing Trends

Median Sale Price
$237,000
Median Single Family Sale Price
$259,900
Average Price Per Sq Ft
$299
Number of Homes for Sale
35
Last 12 months Home Sales
149
Months of Supply
2.80
Median List Price
$265,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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