8.2 Acres & +/- 623 feet of southwest facing Garden Lake shoreline. Diverse terrain with an elevated building site offering views down the bay. There are numerous other building site options away from the lake on the other side of the access road that divides this property. The shoreline is wetland for a significant distance before reaching the very shallow edge of water to the bay. The bay this property is located on has a soft bottom, with a thick level of weeds, and is challenging to navigate a watercraft through. The bay is only a few feet deep; this varies either way depending on the water levels related to seasonal precipitation levels. This property offers: survey, privacy, septic approval & power within property boundaries. To the NE, 40 acre parcels of federal land enhance the privacy of this wilderness setting. The neighbor to the south has built a driveway with the granted easement that runs along the East boundary line of this property. Garden Lake is part of the â??chain of lakesâ?? where boating directly to Farm and White Iron Lakes is possible and greatly extends your recreating area. A short distance from the BWCAW and easily accessed from a private association maintained road. This property has been privately owned by one family for over 60 years and is now offered to the public. Own your piece of the north woods, a beautiful canvas for your dream home or cabin.
The median home value in Ely, MN is $265,000. 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 $265,000. 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!
Ely, Minnesota has a population of 3,425. Ely is less family-centric than the surrounding county with 19.43% of the households containing married families with children. The county average for households married with children is 26.75%.
The median household income in Ely, Minnesota is $36,179. The median household income for the surrounding county is $50,936 compared to the national median of $57,652. The median age of people living in Ely is 46.8 years.
The average high temperature in July is 78.7 degrees, with an average low temperature in January of -5 degrees. The average rainfall is approximately 28.9 inches per year, with 64.6 inches of snow per year.