The median home value in Ely, MN is $233,500.
This is
higher than
the county median home value of $153,000.
The national median home value is $219,700.
The average price of homes sold in Ely, MN is $233,500.
Approximately 55.49% of Ely homes are owned,
compared to 27.87% rented, while
16.64% are vacant.
Ely real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Ely real estate agent to arrange a tour today!
Take advantage of an affordable opportunity to own this unique Up North experience! Set on nearly 9 beautiful wooded acres with a Yurt suitable for year round use! A circle driveway, drilled well, and propane for heat and appliances are onsite. Electricity available at Sunset Road. Conveniently located close to town and the popular White Iron chain of lakes. A public water access, the Prospector ATV / Side by Side Trail and Taconite snowmobile trail system are all a short drive away!
Amazing elevated panaramic views of the City, Shagawa, and Miners Lake. .56 acres of mixed tree cover with city sewer, water, and electricity close by. Improvements include a new driveway and building site preparation. Privacy, wildlife, quiet, country living on the edge of town. There is opportunity for excellent year round activities on the +/- 4 mile groomed Trezona Trail and the closely located Miners & Shagawa Lake public landings.
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 for a home or cabin. This lot is secluded with opportunities for wildlife and fishing.
Large +-5.6 acre parcel on Shagawa Lake with southern exposure and +-319' of shoreline. The property rises 130' in elevation as you move away from the lake offering amazing views through tree tops. There is a healthy mix of trees including mature pine and a bunch of younger pine as well. Power is at the street, the property is surveyed and there is plenty of room for building a home, garage, septic and any other improvement you may desire.
Beautiful wooded acreage just outside of Ely. Mix of pine, aspen and a smattering of birch make up this 5.6 acres +- room to build your northwoods getaway or forever home. This parcel is a corner lot with a roughed in driveway already in place. Electricity at the corner. There is a mix of tree coverage and high and low ground. Easy year round access to enjoy all of Elyâs seasons. Septic approved.
Looking for peace and comfort? This vacant 14 plus acres of wilderness offers just that and more. There are serval locations on this lot to build your cabin/home or park your camper/trailer. With a little bit of landscaping you will have more beautiful views of both Burnside and Wolf lake as this lot sits between the two lakes. There is access to Burntside Lake across for the driveway. Power is ran the property line. This lot is covered with many mature beautiful pines.
300+ feet of shoreline on the Stony River with private access to Beautiful Birch Lake! Enjoy a very relaxing day, weekend, week, month- you name it, in this secluded private retreat you can claim your own! A lot this unique is hard to come by and you and your family can enjoy it for many years to come. Be one of the very few that are able to claim this for your own! Nothing beats the instant calm you will feel when you step out of your car and onto this lot! Well and septic hook ups available, and your own private boat landing to go fishing on Birch Lake (known for amazing Walleyes - shhhhh) Call and claim this your own today! Relax and unwind tomorrow! Additional land is available!
Remarkable 1433' shoreline and 8.3 acres located on peaceful Eagles Nest Lake 2. You must see this property to truly appreciate the beauty and privacy. Incredible building site on Lot 2 with high ground over looking your own private bay. Lot 1 offers a groomed path to the level lakeshore area perfect for swimming, relaxing and soaking up the sun. Enjoy the breathtaking West facing sunset views. Lake 2 is appx. 388 acres w/8 miles of shoreline and is appx. 39' at it's deepest point with a variety of fish including Walleye, Bass, and Northern Pike just to name a few. Don't miss out on this rare find! Absolute tranquility and natural beauty awaits you. Check out the virtual tour link.
WOW! Winter Wonderland in the Woods AND Your All season Launch Point to Volumes of Lakes, Trails and countless acres of the Northland Playgrounds! This 5.57 acre parcel is loaded with huge Red Pines, Birch, and other trees of the boreal forest. It is partially improved with the usable beginnings of a driveway, building pad, power is close by, internet from fiber at Bear Island River Road or from the sky so you can desk jockey from the woods, and it is located only 15 mins from Ely and 18 mins from Babbitt. You will be perfectly positioned to build your tiny home, magnificent log home or park your RV on this beautiful parcel located in an unorganized plat. Oh - lets not forget it borders 55.75 acres of Federal Land with 1850 feet of shore line on Bear Island lake directly to the west AND 40 acres of State of MN Land to the North. Don't miss out on this one...
Approx. 13.6 acres of heavily wooded land located 6.5 miles from Ely, off the Sunset Road. This parcel is ready to go to build your new year-around home or cabin. A new driveway is built into the parcel, and there is a nice building site on the hill at the end of the driveway. Power is located on the access road at the beginning of the driveway. Septic locations have been identified. The parcel has mature tree cover of aspen, some large pines, and gorgeous cedars! Parcel is close to White Iron Lake, and a nice public access to Farm Lake is just a couple of miles away! A gorgeous, large parcel in a great location!
This parcel is a larger tract in a convenient location near Ely & White Iron Lake! Power available. The acreage has access through a private road system making it a perfect location for your getaway or recreational acreage. Many acres of public lands adjoin the parcel for added elbow room. White Iron, Farm, and access to the BWCAW are just minutes away. Make this your outdoor getaway or homestead!
A rare opportunity to own land on the famous Echo Trail, 26 acres located approximately half way between Buyck and Ely, near the Moose river in the BWCAW corridor and within the moose loop. Surrounded by the Superior National Forest and close to BWCAW entry points. This parcel was purchased back in the 80âs from a mining company in an area where mostly public land exists.
Assemble your estate / resort on this once in a lifetime offering. The crown jewel of Ely Minnesota with stunning, unobstructed views of water and woods. 216 +/- acres of gravel, soil and heavily wooded opportunity. Slow and subtle elevations make the entire property ideal for creative uses. Multiple parcels being sold together: 28631131310 - 28631131340 - 28631131370 - 28631131400 - 28631131590 - 28631131650. See supplements for income producing options and maps.
11.48 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.
+-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.
This property boost 5.64 +/- acres with a forest mix and panoramic view of Robinson Lake. Driveway has been put in to a nice building area for your home or cabin. Power on property. Access off Camp Lake Road into property and another access drive right off Hwy 169. Close to all area attractions including the bike trail, hiking, snowmobiling, ATV and fishing. Enjoy and live in the great outdoors.
This truly is a one of a kind remote property. It borders 100's of acres of federal, state, and county land. Access off of the Fernberg on the Delta Lake Rd to the property. Develop your off grid dream cabin, or keep undeveloped for your hunting or getaway needs.
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 1.15 acres. All the City Services - water, sewer and electric are in and ready for hookup. Internet fiber is available through Midco. The gravel road is in and complete (the Sibley Court Drive will be paved in the future.)
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. Internet fiber is available through Midco. The gravel road is in and complete (the Sibley Court Drive will be paved in the future.)
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. Internet fiber is available through Midco. The gravel road is in and complete (the Sibley Court Drive will be paved in the future.)
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.
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.
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.
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.