Ely, MN Lake Property For Sale (45 Real Estate Listings)

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1 Pine Road, Ely

$4,995,000 White Iron Lake

1 Pine Road, Ely

216 Acres Land MLS® # 6455426

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 he...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

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3061 E Arm Road, Ely

$2,000,000 Burntside Lake

3061 E Arm Road, Ely

4 Beds 4 Baths 2 Acres 4,980 SqFt Single Family MLS® # 6459519

Positioned gracefully along the esteemed edges of Burntside Lake, this property combines luxury with the raw beauty of the Northwoods. The meticulously crafted log home features a generous w...

Keller Williams Integrity RealtyRegional Multiple Listing Service of Minnesota Logo

ACTIVE
2713 Ne Burntside Lake, Ely

$1,985,500 Burntside Lake

2713 Ne Burntside Lake, Ely

3 Beds 3 Baths 20 Acres 3,710 SqFt Single Family MLS® # 6112311

Secluded Estate On Coveted Burntside Lake Offers Ultimate Privacy In Sheltered Bay, Epic Views Through Towering Pines, Opposite Shoreline Pristine Wilderness. Ideal Location Between The Main...

Lisa Janisch Janisch Realty Inc.Regional Multiple Listing Service of Minnesota Logo

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2713 Burntside Lake Ne, Ely

$1,985,500 Burntside Lake

2713 Burntside Lake Ne, Ely

3 Beds 3 Baths 20 Acres 3,710 SqFt Single Family MLS® # 146304

Secluded Estate On Coveted Burntside Lake Offers Ultimate Privacy In Sheltered Bay, Epic Views Through Towering Pines, Opposite Shoreline Pristine Wilderness. Ideal Location Between The Main...

Janisch Realty IncRegional Multiple Listing Service of Minnesota Logo

Active
2713 Burntside Lake Ne, Ely

$1,985,500 Burntside Lake

2713 Burntside Lake Ne, Ely

3 Beds 3 Baths 20 Acres 3,710 SqFt Single Family MLS® # 6491114

Secluded Estate On Coveted Burntside Lake Offers Ultimate Privacy In Sheltered Bay, Epic Views Through Towering Pines, Opposite Shoreline Pristine Wilderness. Ideal Location Between The Main...

Janisch Realty, IncRegional Multiple Listing Service of Minnesota Logo

ACTIVE
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14026 Chickadee Lane, Ely

$1,295,000 Fall Lake

14026 Chickadee Lane, Ely

3 Beds 3 Baths 3 Acres 3,000 SqFt Condo MLS® # 6112673

Tucked away on 2.8 acre lot on Fall Lake, this brand-newly built home offers direct access to the BWCA and breathtaking views from every angle. Along with 300 feet of glorious shoreline, the...

Andrea Zupancich Z' Up North RealtyRegional Multiple Listing Service of Minnesota Logo

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14026 Chickadee Lane, ELy

$1,295,000 Fall Lake

14026 Chickadee Lane, ELy

3 Beds 3 Baths 3 Acres 3,000 SqFt Single Family MLS® # 146387

Tucked away on 2.8 acre lot on Fall Lake, this brand-newly built home offers direct access to the BWCA and breathtaking views from every angle. Along with 300 feet of glorious shoreline, the...

z' Up North RealtyRegional Multiple Listing Service of Minnesota Logo

ACTIVE
435 Sunset Road, Ely

$969,900 White Iron Lake

435 Sunset Road, Ely

4 Beds 3 Baths 1 Acres 3,600 SqFt Single Family MLS® # 6112003

This Stunning custom built 3600 sq ft ranch with a lower level walk-out on coveted White Iron Lake located just minutes from Ely/BWCA is situated on 1.1 acres and 215 ft of waterfront. The ...

Sherry Anderson Vermilion Land Office, IncRegional Multiple Listing Service of Minnesota Logo

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435 Sunset Road, Ely

$969,900 White Iron Lake

435 Sunset Road, Ely

4 Beds 3 Baths 1 Acres 3,600 SqFt Single Family MLS® # 6479361

This Stunning custom built 3600 sq ft ranch walk-out coveted White Iron Lake located just minutes to Ely/BWCA is situated on 1.10 acres and 215 ft of waterfront. The main floor features an o...

Vermilion Land Office, Inc.Regional Multiple Listing Service of Minnesota Logo

ACTIVE
2948 Miller Island, Ely

$950,000 Burntside Lake

↓ $45,000

2948 Miller Island, Ely

3 Beds 2 Baths 12 Acres 1,700 SqFt Single Family MLS® # 6109849

Burntside Lake -Private 12 acre island covered with mature pines. Two docks , one on each side of the island with easy access to the mainland. Boathouse with a winch. Custom built 3 bedro...

Janet ErchulRegional Multiple Listing Service of Minnesota Logo

ACTIVE
3297 Nw Burntside Lake, Ely

$898,500 Burntside Lake

↓ $26,000

3297 Nw Burntside Lake, Ely

1 Bed 1 Bath 39 Acres 800 SqFt Single Family MLS® # 6096588

Burntside Lake Handscribed Log Home In Private Bay At End Of Pristine Granite Fiord. Set on 1703 ft shoreline & 38.75 acres of park-like forest w/walking trails, surrounded on 3 sides by Fed...

Lisa Janisch Janisch Realty Inc.Regional Multiple Listing Service of Minnesota Logo

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3297 Burntside Lake Lake Nw, Ely

$898,500 Burntside Lake

↓ $26,000

3297 Burntside Lake Lake Nw, Ely

1 Bed 1 Bath 39 Acres 800 SqFt Single Family MLS® # 5754039

Burntside Lake Handscribed Log Home In Private Bay At End Of Pristine Granite Fiord. Set on 1703 ft shoreline & 38.75 acres of park-like forest w/walking trails, surrounded on 3 sides by Fed...

Janisch Realty, IncRegional Multiple Listing Service of Minnesota Logo

Active
New
3297 Nw Burntside Lake, Ely

$898,500 Burntside Lake

↓ $26,000

3297 Nw Burntside Lake, Ely

1 Bed 1 Bath 39 Acres 800 SqFt Single Family MLS® # 141299

Burntside Lake Handscribed Log Home In Private Bay At End Of Pristine Granite Fiord. Set on 1703 ft shoreline & 38.75 acres of park-like forest w/walking trails, surrounded on 3 sides by Fed...

Janisch Realty IncRegional Multiple Listing Service of Minnesota Logo

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1876 Grant Mcmahan Boulevard, Ely

$779,000 Shagawa Lake

1876 Grant Mcmahan Boulevard, Ely

3 Beds 2 Baths 3 Acres 2,360 SqFt Single Family MLS® # 6112633

Welcome to 1876 Grant. This 3bed, 2bath log home is nestled on 2.7 acres (1.5 across bay) of Shagawa Lake in the picturesque town of Ely, MN. The home is a perfect blend of rustic and cont...

Regional Multiple Listing Service of Minnesota Logo

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2165 Highway 169, Ely

$759,000 Shagawa Lake

2165 Highway 169, Ely

3 Beds 3 Baths 4 Acres 2,671 SqFt Single Family MLS® # 6487797

The best lake living in the Northland! 2010 upscale custom built gem on Shagawa Lake, 2 miles from Ely. 2400 acre lake with excellent fishing and water clarity in Longstorff Bay. Beautiful...

HomeAvenue IncRegional Multiple Listing Service of Minnesota Logo

ACTIVE
13323 Villa Road, Ely

$719,000 White Iron Lake

↓ $5,900

13323 Villa Road, Ely

3 Beds 1 Bath 1 Acres 1,210 SqFt Single Family MLS® # 6101979

Lumber Baron’s Restored Vintage Lakeside Cabin Near Ely! Historic Oppel’s Pt, Private Retreat In Majestic Pines At Waters Edge On Coveted White Iron Lake Chain. Built 1930’s by Section 30 L...

Lisa Janisch Janisch Realty Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
13323 Villa Road, Ely

$719,000 White Iron Lake

↓ $5,900

13323 Villa Road, Ely

3 Beds 1 Bath 1 Acres 1,210 SqFt Single Family MLS® # 143026

Lumber Baron’s Restored Vintage Lakeside Cabin Near Ely! Historic Oppel’s Pt, Private Retreat In Majestic Pines At Waters Edge On Coveted White Iron Lake Chain. Built 1930’s by Section 30 L...

Janisch Realty IncRegional Multiple Listing Service of Minnesota Logo

ACTIVE
1315 N 18th Avenue E, Ely

$699,000 Shagawa Lake

1315 N 18th Avenue E, Ely

2 Beds 3 Baths 1 Acres 1,766 SqFt Condo MLS® # 6112142

Beautiful, newly built custom home ideally located in Ely’s Spaulding Addition nestled along the shores of Shagawa Lake! Delight in all the comforts of year round lakeshore living with the a...

Lori SchulzeRegional Multiple Listing Service of Minnesota Logo

Ely, MN Real Estate Statistics

Average Price $463K
Lowest Price $31K
Highest Price $5M
Total Listings 99
Avg. Price/SQFT $375

Property Types (active listings)


As of March 19, 2024 there are 45 active Ely, MN lake property listings for sale with an average listing price of $750,540. The highest-priced waterfront listing is $4,995,000, while the lowest priced waterfront listing can be purchased for $97,000. Ely, MN lakeshore listings have an average price of $548 per square foot, based on listings with an average of 2.6 bedrooms, 2.3 bathrooms, and 1,370 square feet of living space.

Ely, MN Lakefront Properties For Sale

If you're looking for a tranquil escape from the hustle and bustle of city life, Ely, Minnesota, may be just the place for you. This small town located in northeastern Minnesota is known for its pristine lakes, lush forests, and endless opportunities for outdoor recreation. If you're considering buying a lake home, cabin, or lot in Ely, here's what you need to know.

Lakes in Ely, MN:

One of the primary draws of Ely is its proximity to numerous lakes. One of the most popular lakes in the area is Shagawa Lake, which covers over 3,200 acres and is located just north of town. The lake is known for its crystal-clear waters, excellent fishing opportunities, and scenic views. Other popular lakes in the area include Burntside Lake, Fall Lake, White Iron Lake, Eagle's Nest Lake, Garden Lake and Snowbank Lake...among thousands more of the Boundary Waters Canoe Area.

Each of these lakes offers unique features and recreational opportunities. Burntside Lake, for example, is a favorite among anglers, with a variety of fish species, including walleye, northern pike, and lake trout. Snowbank Lake, on the other hand, is known for its quiet, secluded beaches and excellent hiking trails.

Buying an Ely, MN Lake Home, Cabin, or Lake Lot:

If you're considering purchasing a lake property in Ely, there are several things to keep in mind. First, it's important to work with a knowledgeable local real estate agent at LakePlace.com who can help you navigate the local market and find the perfect property to suit your needs.

When it comes to lake properties, there are several factors to consider. One of the most important is the location. Do you prefer a secluded spot in the woods, or would you rather be close to town? Do you want a property with a sandy beach, or are you more interested in fishing opportunities? These are all important factors to consider when searching for the perfect lake property.

Another important factor to consider is the type of property you want. Lake homes and cabins offer a range of features and amenities, from rustic cabins to luxurious waterfront estates. If you're looking for a more affordable option, a lake lot may be the way to go, giving you the opportunity to build your dream home or cabin from scratch.

Ultimately, buying a lake home, cabin, or lake lot in Ely, MN can be an excellent investment in your quality of life. With access to some of the most beautiful lakes in the country, as well as endless opportunities for outdoor recreation, Ely is the perfect place to escape from the stresses of everyday life and enjoy the beauty of nature. So why not start exploring the local real estate market today and find the lake property of your dreams?

Ely, Minnesota - Lake Homes, Cabins & Lake Lots

Remote and far enough away to be a true respite from the outside world, the city of Ely is so much more than a fabulous nature destination in northern Minnesota. It's true that visitors flock to Ely to experience the thrill of outdoor destinations such as the Boundary Waters Canoe Area. Ely itself is a cultural hub and the home to a spectacular amount of American history.

Ely is located in the upper northeast corner of the state of Minnesota in St. Louis County. The population is small with approximately 3,500 year round residents. Located in the heart of the Vermilion Iron Range, Ely is commonly considered to be the gateway to the extraordinary Boundary Waters Canoe Area. Ely, MN is approximately 100 miles north of Duluth and two hundred and fifty miles north of Minneapolis-St. Paul.

Nature lovers everywhere are familiar with Ely as a phenomenal place to go to view wildlife of all shapes, sizes and species. Ely is home to the International Wolf Center and the North American Bear Center. The Boundary Waters Canoe Area offers a refuge for countless species of wildlife such as moose, elk, deer, beavers, the occasional black bear, osprey, bald eagles and many other species of waterfowl. Much of the Boundary Waters Canoe Area is accessible only by canoe, making it some of the most peaceful terrain in North America.

Every year in late July, Ely holds its annual Blueberry Fest. Members of the Ojibwe tribe once inhabited these lands and legend has it that they were drawn to the area due to the abundance of blueberries. French and European settlers moved into the area in search of pelts and other wealth. Iron ore, lumber and paper production became integral parts of the economic livelihood of many residents in this part of northern Minnesota. As society moved into the twenty-first century, Americans became aware of the extraordinary beauty and natural resources in and around the Ely area, making it an ideal travel destination for people seeking an opportunity to truly immerse themselves in the remote, rugged beauty of the Boundary Waters Canoe Area. Be sure to check into obtaining a permit before entering the Boundary Waters Canoe Area Wilderness because permits are required for even the shortest of daytrips. Depending on the type of permit you are seeking, you may be able to obtain a self-issued permit at one of the gateways to the park itself.

Other Ely area attractions include the Vermilion Interpretive Center, the Tower/Soudan Underground Mine and the Ely Arts and Heritage Canter at Pioneer Mine. In 1986, the last resident of the Boundary Waters Canoe Area passed away; Dorothy Molter's hospitality was legendary among visitors to this region, especially her homemade root beer. Explore her legacy at the Dorothy Molter Museum where her two cabins were relocated to Ely after her death. Care to take a break from learning about the history and culture of the Ely region? Why not schedule a round of golf at one of the area golf courses. For those looking for a little shopping therapy, the downtown Ely district offers many quaint shops filled with souvenirs and artisanal crafts. Or, simply get away from it all with a leisurely hike, snow-mobile ride, or cross country ski trip on one of the many area trails such as the Taconite Trail and the Tomahawk Trail. Also, the Blueberry Festival isn't the only festival in town. Be sure to check out the Fall Harvest Moon Festival, the Ely Winter Festival, the Embarrass Region Fair and the Wolf Track Classic Dog Sled Race if you should happen to be in the area while any of these wonderful events are scheduled. In the fall and winter, be sure to check out the night skies for a glimpse at the Northern Lights. Viewing them on the edge of a lake is perhaps the best way to view them. Other local cultural venues include the Bois Forte Heritage Center and Cultural Museum at Fortune Bay Casino where visitors can view the handiwork of Objiwe craftsmen and explore recreated homes and other Native American buildings.

Ely is not only a great place to visit for shorter trips or weekend getaways; Ely is also a great spot to live. Ely offers its residents world class medical care, a solid jobs economy and great public schools, all enhancing the quality of life here in Ely. Vacation homes and cabins here in the Ely area are sure to offer any amenity your heart might desire. Lakefront lots are available for those seeking the chance to construct their very own dream property in the heart of the Minnesotan North Woods. For peace, solitude, culture, and history all set against the backdrop of some remarkable scenery, Ely is the perfect choice. Why not plan a visit today?

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