The median home value in Ely, MN is $245,000.
This is
higher than
the county median home value of $197,400.
The national median home value is $338,100.
The average price of homes sold in Ely, MN is $245,000.
Approximately 50.27% of Ely homes are owned,
compared to 31.24% rented, while
18.49% 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!
A Northwoods Legacy: Your Gateway to Adventure Own a piece of history. This iconic property, once the renowned Canadian Border Lodge and more recently Canadian Border Outfitters; Canadian Border Outpost offers endless possibilities for the next generation of entrepreneurs. Once a legendary destination, this historic property beckons the next generation of stewards. Imagine the possibilities: an outdoor adventure basecamp, a serene wellness retreat, a unique event community venue, or a thriving resort business. Welcome guests to wine barrel high- tops, picnic tables and cedar Adirondack chairs. Every seat has a view with this commercial propertyâ??s prime location on Moose Lake and direct access to the Boundary Waters Canoe Area Wilderness, offering endless potential on 20+ acres including 1 acre on the Fernberg Road. All equipment, furnishings, gear and merchandise convey with property. Current owners are making continuous improvements. Key Features: ? Prime Waterfront Location: 250+ feet of pristine Moose Lake shoreline with an 80â?? dock that grants direct access to the Boundary Waters Canoe Area Wilderness. ? Extensive Commercial Buildings: o 1,800 sq. ft. Store o 2,500 sq. ft. Cookshack o 1,700 sq. ft. 6-Unit Motel o 2,850 sq. ft. Bunkhouse o 600 sq. ft. Liars Den o 1125 sq. ft. Bob Caryâ??s Cabin o 1200 sq. ft. Shower House o 144 sq. ft. Boathouse o Regraded Parking Lot with space for upwards of 50 vehicles ? Relevant Branding: Benefit from the strong brand equity of the Canadian Border Outpost including website, social media and state-of-the-art branding guide. ? Development Potential: Explore opportunities for expansion, renovation, redevelopment, or even the construction of a premier private residence on one of the areaâ??s most desirable lakes. Additionally, an adjacent, fully renovated residential property, that has easement access through the commercial lot to the boat launch and beach is also available for purchase, offering opportunities for a one-of -a-kind home living & entrepreneurial lifestyle.
Wake up to a breathtaking, 180-degree view of Moose Lake - a desirable entry lake to the Boundary Waters Canoe Area Wilderness. This custom home is Northwoods Luxury. Over 250â?? of shoreline and completely renovated in 2023. This retreat is stunning! All new Marvin windows, doors, mechanicals (including forced air furnace, smart thermostat, A/C, plumbing, electrical), high-end appliances, energy-efficient spray foam insulation and new Timberline shingle roof.) The lower level has a two-stall garage and workspace with in-floor heat. The finished mudroom leads upstairs; the remainder is partially finished and home to a ¾ bathroom, storage, utility room with ss sink, prep area and the 2nd set of W/D. The upper level includes two additional entrances into an open concept living and dining area. Step into your own professionally designed Kitchen with custom cherry cabinets, GE Café appliances, brushed bronze finishes, including Moen faucet, farm sink, tile backsplash and granite counter tops. A large island with a dual oven gas range and counter height seating to entertain at. Past the Legacy wood stove and field stone wall, the concrete overlay flooring continues into the Great Room. Relax with in-floor heat and lake views from all three sides including an oversized 8â?? sliding door. North-facing, youâ??ll get a chance to watch both sunrises and sunsets and of course, the Northern Lights. The main level also offers three bedrooms and a versatile office space, perfect for remote work or hobbies. Rest well with custom-fitted black out window treatments, found in all bedrooms and the office. The second bathroom offers a soaking tub, large vanity, linen closet and stacking W/D. The recent renovation spared no expense, resulting in a meticulously crafted space that blends indoor hospitality with unparalleled outdoor living. Choose your own exterior paint color, sellers have escrowed the cost of painting in the color of your choice. The property's unique features include a sought-after sandy beach, a new dock and two charming lakeside cabins. These cabins, with their endless potential, could be transformed into guest quarters, a boathouse, sauna, or even short-term rentals. Located on the quiet western side of the lake, the adjacent commercial lot, known as the "Canadian Border Outpost," presents an exciting investment opportunity. A combined offer for both properties will be considered. Don't miss this once-in-a-lifetime chance to own a piece of Northwoods paradise.
Updated corner lot with 2 garages! 2-bedroom 2 bath home near the school, parks, downtown, and the hospital. This home features, two, 22x28, 2 stall garages! Both are insulated and heated, and one has water, mini split, air conditioning and central vacuum! Both bedrooms in this home are HUGE and both connect to the oversized full bathroom. The second level landing could double as an office, reading area, or workout room. Many of possibilities. On the main level, you will find, a half bath, eat-in kitchen, large laundry room with storage (this could easily be turned back in to a bedroom), and nicely sized living room that has hardwood under the carpet. The basement has a large workshop area, a rec area with a bar, and a room off the steps that could be used for storage. This home is move in ready! Make an appointment to see it today!
Traditional style 3-bedroom home in a convenient location. Beautiful hardwood floors in the living room, main floor laundry, loads of built-ins, and bright kitchen are all offered in this Ely home. Upper lever features a full updated bathroom, a larger primary bedroom and 2 smaller bedrooms or office/nursery. Many quality updates including propane furnace, water heater, electric, and roof. 1-car garage and additional parking. Make this your new home, rental, or retreat all at an affordable price!
Spacious 4 bedroom, 2 bath home located within walking distance to much of Ely's offerings. The main level includes a quaint living room, an open kitchen & dining room with ash cabinets, new flooring, new sheetrock & paint. The family room has newer flooring, wood accents, built-ins, and a stone corner propane fireplace. Off of the family room is a 1/2 bath combined with convenient main level laundry. The upper level may be accessed by two separate staircases and includes 4 bedrooms, a 3/4 bathroom, most rooms have been freshly painted and newly carpeted throughout. The full basement may be accessed by two staircases. The outside features a: newer roof, front porch, new landscaping, back deck, and 2 1/2 stall garage. Sewer line inspected and compliant.
Once in a lifetime offering of this magnitude, 252.54 acres with endless options, views of water and woods, acres of gravel, soil and heavily wooded opportunity, slow and subtle elevations make the entire property ideal for creative uses. The entire offering includes: 28-6311-31310, Lot Acres: 40.000 - 28-6311-31340, Lot Acres: 42.640 - 28-6311-31370, Lot Acres: 40.000 - 28-6311-31590, Lot Acres: 43.300 - 28-6311-31650, Lot Acres: 43.630 - 28-6311-31400, Lot Acres: 42.970
Approx. 1 acre parcel located about 100 feet away from a shallow bay of Fall Lake that also comes with 2 small parcels that have a total of 40 feet of shoreline right on that bay of Fall Lake for your own private access to the lake! The 1 acre parcel had an old cabin on it that was recently torn down and it is now ready for you to build your own new cabin or home! Septic sites have recently been approved for up to a 4 bedroom system. The building site is conducive to a more compact building footprint. There is a lake view from the building site. There is an existing shed right at the lakeshore. The shoreline is located in a shallow bay of Fall Lake and will be best suited for canoe, kayak, and paddle board access to the lake, rather than a motorboat. Fall Lake offers direct water access to the BWCAW and very good fishing!
Currently used as a single family residence ...could easily be turned back into duplex living. Main floor features bedroom, large living room with fireplace, dining area, kitchen and full bathroom. Upper level has two bedrooms, living room area, kitchen and full bath. Hardwood floors throughout. Basement area is knotty pine paneled. Newer fuel oil boiler provides hot water heat. Conveniently located within walking distance of the school, Post Office, library & downtown businesses.
Classic 4 BR, 1.5 BA meticuously maintained home in the heart of Ely. Main level features office room, half bath, compact kitchen, open and spacious living room & dining room with large windows, hard wood floors under carpeting and wood burning fireplace. All 4 bedrooms are on the upper level, and have hardwood floors, generous closet space and a full bath. The basement has a wood burning fireplace in the big open rec room, that is partially finished. There is charm and beautiful wood features throughout and while currently move-in ready it could be transformed with new updates. Detached 1 stall garage.
Custom renovation on this exquisite 2 bedroom 3 bath Ely home. Open the door to your beautiful kitchen with new appliances, cabinets, counter top, back splash and open concept accented with timber framing into dining and living area. More updates with new propane furnace, on demand hot water heater, plumbing, electric and most windows. Beautiful hardwood floors throughout. Contemporary chandelier with custom table in dining area. Primary bedroom retreat with new spa bath to soak your stress away. Fenced in front yard, metal roof, air conditioning, one car garage with large car port.
"Up North" awaits for the buyer of this 80 acres of prime hunting land just south of the charming streets of Ely! Mature trees blanket the 80 acres surrounded by Bear Lake to the southeast and Eagles Nest Lake to the north! This ideal habitat is home to an abundance of wildlife so don't wait!! Schedule your showing today to this beautiful secluded get-a-way!
Location, Location, Location...close to Ely Schools, the park, ball fields, library, downtown shops and restaurants. The main level consists of a kitchen, living room, bathroom and laundry area. The upstairs has 3 bedrooms and ¼ bath. Hardwood floors throughout the house. New propane furnace fall of 2023. Fenced back yard with patio area and large deck. Large 2 stall detached garage with work bench. Compliant sewer.
Imagine waking up to the gentle sounds of nature, surrounded by 15.4 acres of pristine wilderness, and a stunning 224 feet of shoreline on the enchanting Birch Lake and Kawishiwi River. Whether you're an outdoor enthusiast, an avid angler, or someone seeking a serene cabin getaway, this buildable lot offers the ideal canvas for your dreams. Ranked as one of Minnesota's top 10 walleye lakes, Birch Lake is a paradise for anglers. It's also teeming with crappie, northern pike, and more—making it a fisherman's delight. With over 90 miles of shoreline and 1,000 acres of water, Birch Lake is perfect for kayaking, canoeing, and discovering hidden coves. Plus, you have direct access to the BWCA for even more adventures. he property comes equipped with power right at the water's edge, ready for you to build your dream home or cabin. Alternatively, bring your RV and start enjoying your weekends from day one.
Tucked away amidst two acres of forested land lies a property like no other—a sanctuary for nature enthusiasts and privacy seekers alike. Enjoy 3,024 sq ft of inviting space, thoughtfully designed to blend comfort and functionality. The 36x40 pole building and 16x24 garage provide ample storage and workspace for all your hobbies and projects. Relish the charm of hardwood floors throughout and a great room crafted in knotty pine, perfect for cozy gatherings. With 3 bedrooms, 3 bathrooms, and a versatile office space, there’s room for everyone to live and thrive. A large handicap-accessible bathroom on the main floor ensures accessibility for all. Multiple outbuildings complement this stunning setting, providing options galore for outdoor activities. Discover peace and serenity in a secluded, beautiful location just outside Ely—where rural living meets modern convenience.
Updated 3 bed 2 bath home in Ely. Unwind and relax in your 3 season porch, or on those cool evenings, watch the stars on your expansive back deck and fully fenced in back yard. New appliances (Fridge and Range) and water heater in 2023. This house has a fresh coat of paint and in absolutely move in ready condition.
This very charming, historical home has a great location close to schools, Whiteside Park, and downtown Ely. Located in a quiet, pleasant neighborhood. The large windows let an abundance of natural light shine through. Kitchen, dining room and living room on main floor. Two bedroom and bath on upper level. The bathroom has in-floor heat, skylight and custom built cabinets. A nice backyard with deck. Two-stall detached garage with lean-to area. Compliant sewer line.
Excellent location for your future home or cabin! This in-town Ely lot features nice tree cover, a level lot and is +/- .75 acres in size. Convenient location on a quiet cul-de-sac near the Trezona Trail, Miners Lake, Shagawa Lake and downtown Ely. All city services are available including electric, water & sewer.
Awesome property located on Shagawa Lake in a large pine tree setting! The main house is a 2000 square foot year around home that has 3 bedrooms and 3 baths (third one is in process of remodel). The fantastic living area with balcony above that has great views of the lake and a gorgeous stone wood burning fireplace. The feeling of great space is here as it is 2 stories high with vaulted ceilings! The large kitchen is currently set up for commercial use but can be set up for your exact desires in the future. Full unfinished basement. Also included are 4 classic log cabins that are year around and can be used as you see fit for family retreats, guests, rentals, etc. Each one has a bathroom with showers, etc. Property includes 1.67 acres, and approx. 258 feet of level user-friendly shoreline on Shagawa Lake, locally known as (the Walleye Lake) and is regularly stocked by the DNR. Property is in the Ely city limits so has city water and sewer. Property has a great location that adjoins Ely's Semers Park that has one of the best swimming beaches in the area. Also on the property is a garage, fish cleaning house by the lake, RV sites with water and electric. This property is currently being operated as a resort and restaurant, but Sellers wish to offer it for sale as a private family retreat! What a great place!!!
Incredible investment opportunity by unlocking this historic 2.75 story homeâ??s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7â?? ceilings in 3 large rooms! Recent updates include roof, siding, main level windows, electrical service, plumbing, etc. 4 city lots, off-street parking, fully fenced yard, ideally located in heart of Ely. Originally built as Sec 30 hospital, moved to this site by horses, converted to a triplex & later, main level housed a childâ??s day care.
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 in the late 1930's. The old mine contained 80,000 yards of crushed greenstone chips. The quarry water was tested to be pure private water 20 feet down. Bass and trout are also present for the fishing enthusiast. Plenty of deer and grouse for hunters. Walk the natural hiking trails all the way to the state land on the eastern border. When you reach the quarry, hike to the top, jump off and go for a swim as many have over the years. The upper parcel has the wetlands with Armstrong Creek running all the way through it. Located a mere three miles from the City of Ely it's an absolutely perfect location. See the news article in Supplements boasting about "The Crusher."
Rare opportunity to own 6 acres and 830 +/- feet of Burntside shoreline. Beautiful 3 Bedroom, 2 Bath year round home. Open living room with gorgeous elevated panoramic lake views, from large windows positioned on either side of the classic field stone wood burning fireplace. Vaulted wood ceilings and wood floors in both the living room and dining room. The kitchen and dining room are combined and all benefit from the lake and beautiful pine forest views. The main level has a full bath and 2 bedrooms; a primary that is lake facing with a bay window, and adjacent 2nd bedroom, both with wood floors and ceilings. Partially finished lower level includes a lake facing bedroom with bay window, office, 3/4 bath, laundry, mechanical room, wood storage area, and large walk out great room. Cement floors throughout the lower level, freestanding wood stove, tiled ceilings that are currently being retro- fitted with infloor heat for the main level. Freshly stained wrap around upper deck, wood siding, and gorgeous exterior stone accents. Positioned between the house and main dock is the sauna with changing room and exterior wood loading stove. Detached 2 stall garage with 1 heated stall dedicated as a workshop area. The 2nd detached garage is down the road with close proximity to another dock where a boat may be launched. Established path that follows the whole shore and crosses to the other side of the road to Outlet Bay where 110' of the lakeshore resides. Breathtaking long lake views that also capture the quaint island on the edge of the bay. Quality built and lovingly cared for.
Just far enough from town for some peace and quiet, yet still close enough to town in case you need some sugar, this property can be your dream home!!! Lots of possibilities with this 2 bed/1 bath home that includes a bonus room on the main level. And with a huge amount of storage with the 4 car garage and 3 outbuildings, your friends might be asking to rent some storage space!!! Rounding out this property is 4 large garden spaces and a beautiful panoramic view of a meandering creek from the deck and kitchen. Previous owners have seen all sorts of wildlife from the comfort of the home including moose, bear, deer, etc. Because of the great location and potential of this property, it won't be around long. Come check it out today!!!
Established, turn-key Outfitting business in Ely, MN - Outfitting canoe trips into the MN Boundary Waters Canoe Area Wilderness & Canadaâ??s Quetico Wilderness since 1984. Unique opportunity to purchase a well-known, profitable business located on the majestic shores of White Iron Lake with direct access into the BWCAW with lakeside accommodations offering a unique one-stop shop. Live and work in Ely, MN on the edge of the pristine wilderness - the BWCAW. The property boasts over 650â?? of stunning shoreline and +/- 3 acres and consists of a 2-bedroom owners residence, office, gift shop, equipment building, food packaging area, workshop, shower houses & baths, private dorm-style & motel accommodations and 6 lakeside resort cabins. This highly sought-after business has over 40 years of leading thousands of groups on unforgettable canoe trips which are 100% customized to each individual client ensuring repeat business year after year. Every detail of running this up-north venture has been meticulously crafted with proven strategies to ensure success â?? from the strategic marketing plan, to the care and maintenance of the facility and comfort of the grounds and added personal touches â?? a legacy that you can truly continue to operate for years to come. Live your dream on the edge of the Boundary Waters Canoe Area Wilderness with over one-million acres of lush forests and countless glacial lakes in the Superior National Forest. For additional details contact the listing agents.
Great location with Farm Lake on one side and White Iron Lake on the other and down the Kawishiwi Trail. Beautiful landscape with towering Pines sitting on 1.4 +/- acres! This 2 bedroom home has received many upgrades over the past few years, new propane boiler with electric backup, air-conditioning, windows, patio door and beautiful 3/4 bath with walk in shower. The upstairs needs finishing but you can make it your own. Plumbing has been brought upstairs and new windows. Septic is sized for a 3 bedroom home. Feel good about steel siding , newer roof and gutters. Large 30 x40 garage with oversized doors, plenty of space and concrete floor. Large deck on the home to enjoy the outdoors. Convenient to area lakes, hiking trails, and all year round activities.
Country cabin on 5.9 acres just 5 miles east of Ely. The cabin is partially finished on the inside and is currently used as a seasonal cabin. There is power, propane heat, loft and a drilled well. The front of the cabin features a small porch and other outside features are a 10 x 24 garage with loft, tool shed and driveway that leads to another potential building site. Great starter cabin to use until you're ready to build a year round home or complete the finish work on the inside and enjoy as a summer cabin.