12

Ely, MN Land & Home Lots for Sale

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  • /42

    $184,900

    • Land
    • 0.49 Acre
    • $377,347 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 property is truly

    Gabriel Werra Timber Ghost Realty, LLC

    Unit 1 N Kelly Trail, Ely, MN 55731
  • /14

    $280,000

    • Land
    • 1.11 Acres
    • $252,252 per Acre

    1317 N Pioneer Rd, Ely, MN 55731

    Build your Northwoods dream on this beautiful lake lot on sought-after Shagawa Lake in Ely! This exceptional property features a rare sandy shoreline, perfect for enjoying long summer days in the water and bonfires. Towering mature pine trees provide a classic Up North setting along with natural privacy and breathtaking scenery. Conveniently located on a paved road with electric, city water, and

    Julia Maki BIC Realty

    1317 N Pioneer Rd, Ely, MN 55731
  • /35

    $42,000

    • Land
    • 0.81 Acre
    • $51,852 per Acre

    TBD Trezona Rd, Ely, MN 55731

    Looking for the perfect place to plant your roots Up North? This beautiful .81-acre buildable lot sits just off Ely’s beloved Trezona Trail—your four-season playground for walking, skiing, running, and biking. With city utilities already available, all you need to do is pick your building spot, roll out your plans, and get ready to break ground this spring. The property offers a lovely mix of

    Andrea Zupancich z' Up North Realty

    TBD Trezona Rd, Ely, MN 55731
  • /12

    $199,900

    • Land
    • 3.9 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
  • /10

    $204,000

    • Land
    • 4.4 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 quiet 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

    Chris Eilrich Wildwoods Land Company

    XXX10 Powerhouse Trail, Ely, MN 55731
  • /2

    $32,900

    • Land
    • 0.45 Acre
    • $73,111 per Acre

    2221 Sibley Dr, Ely, MN 55731

    Don’t miss this great opportunity to own a buildable lot in Ely’s newest neighborhood – the Spaulding Addition. This 100' x 196' (.45 acre) parcel offers ample space to design and build your dream home. Located on Sibley Drive, this lot provides convenient access to city utilities and sits just minutes from Trezona Trail, Shagawa Lake, and downtown Ely. Enjoy a quiet residential setting while

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2221 Sibley Dr, Ely, MN 55731
  • /8

    $32,900

    • Land
    • 0.45 Acre
    • $73,111 per Acre

    2231 Sibley Dr, Ely, MN 55731

    Don’t miss this great opportunity to own a buildable lot in Ely’s newest neighborhood – the Spaulding Addition. This 100' x 196' (.45 acre) parcel offers ample space to design and build your dream home. Located on Sibley Drive, this lot provides convenient access to city utilities and sits just minutes from Trezona Trail, Shagawa Lake, and downtown Ely. Enjoy a quiet residential setting while

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2231 Sibley Dr, Ely, MN 55731
  • /5

    $945,000

    • Land
    • 5.3 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
  • /45

    $69,900

    • Land
    • 5.5 Acres
    • $12,709 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
  • /48

    $69,900

    • Land
    • 6.49 Acres
    • $10,770 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
  • /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
  • /2

    $49,900

    • Land
    • 38.93 Acres
    • $1,282 per Acre

    TBD Hwy 169, Ely, MN 55731

    38.93 acres of recreational land located right on Highway 169 in Ely, MN adjoining public land for expanded access to the outdoors. The property features a mix of open areas and tree cover, with established trails throughout and a creek flowing through the southwest corner. A section of wooden boardwalk is already in place, offering easy passage through portions of the low land. The terrain

    Lori Schulze Keller Williams Classic Realty NW - Ely

    TBD Hwy 169, Ely, MN 55731

Home Trends in Ely, MN

Housing Trends

Median Sale Price
$194,000
Median Single Family Sale Price
$194,500
Average Price Per Sq Ft
$160
Number of Homes for Sale
12
Last 12 months Home Sales
65
Months of Supply
2.20
Median List Price
$190,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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