Ely, MN Lake Property For Sale (68 Real Estate Listings)

Sort by:
Active
New
3231 Wolf Lake Road, Ely

$4,500,000 burntside lake

3231 Wolf Lake Road, Ely

5 Beds 6 Baths 20 Acres 5,250 SqFt Single Family MLS® # 146940

Ready to make this dream estate your legacy? Burntside Lake Home on Outlet Bay in Ely is now available. Whether watching trout swim upstream, observing eagles dive for fish, or enjoying the ...

z' Up North RealtyRegional Multiple Listing Service of Minnesota Logo

ACTIVE
3231 Wolf Lake Road, Ely

$4,500,000 Burntside Lake

3231 Wolf Lake Road, Ely

5 Beds 6 Baths 20 Acres 5,250 SqFt Condo MLS® # 6114471

Ready to make this dream estate your legacy? Burntside Lake Home on Outlet Bay in Ely is now available. Whether watching trout swim upstream, observing eagles dive for fish, or enjoying the ...

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

Active
New
2928 Waters Island & Van Vac Road, Ely

$2,450,000 Burntside Lake

2928 Waters Island & Van Vac Road, Ely

6 Beds 4 Baths 26 Acres 2,146 SqFt Single Family MLS® # 146931

Burntside Private Island Retreat With Mainland Lot! Gorgeous Sunrise To Sunset Vistas Of Treasured Burntside Lake. Waters Island Retreat features two parcels with a total of 20.9 acres of t...

Janisch Realty IncRegional Multiple Listing Service of Minnesota Logo

ACTIVE
2928 Waters Island, Ely

$2,450,000 Burntside Lake

2928 Waters Island, Ely

6 Beds 4 Baths 26 Acres 2,146 SqFt Single Family MLS® # 6114501

Burntside Private Island Retreat With Mainland Lot! Gorgeous Sunrise To Sunset Vistas Of Treasured Burntside Lake. Waters Island Retreat features two parcels with a total of 20.9 acres of t...

Lisa Janisch Janisch Realty Inc.Regional 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

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

Pending
3061 E Arm Road, Ely

$1,899,000 Burntside Lake

3061 E Arm Road, Ely

4 Beds 4 Baths 2 Acres 4,980 SqFt Single Family MLS® # 6537958

Nestled gracefully along the shores of Burntside Lake, this property merges luxury with the untamed beauty of the Northwoods. The meticulously crafted log home boasts main level living with ...

Keller Williams Integrity RealtyRegional Multiple Listing Service of Minnesota Logo

ACTIVE
1852 Grant Mcmahan Boulevard, Ely

$1,775,000 Shagawa Lake

1852 Grant Mcmahan Boulevard, Ely

3 Beds 2 Baths 28 Acres 1,840 SqFt Single Family MLS® # 6114178

Stunning peninsula property, completely private & serene. Conveniently located 5 miles from town, on a wooded peninsula with 28+/- acres of majestic pine and 2800 +/- Ft of southwest facing...

Patricia BulinskiRegional Multiple Listing Service of Minnesota Logo

Active
3694 Moose Creek Trail, Ely

$1,150,000 Clear Lake

3694 Moose Creek Trail, Ely

3 Beds 2 Baths 8 Acres 2,335 SqFt Single Family MLS® # 6518723

Right Out Of Log Home Living! Secluded Hand Hewn Log Home At End Of Rd On Clear Lake Near Ely & BWCA W/Excellent Swimming, Gradual Lot, Mesmerizing Views—See All The Way Across The Lake. Set...

Janisch Realty, IncRegional Multiple Listing Service of Minnesota Logo

ACTIVE
3694 Moose Creek Tr, Ely

$1,150,000 Clear Lake

3694 Moose Creek Tr, Ely

3 Beds 2 Baths 8 Acres 2,335 SqFt Single Family MLS® # 6113102

Right Out Of Log Home Living! Secluded Hand Hewn Log Home At End Of Rd On Clear Lake Near Ely & BWCA W/Excellent Swimming, Gradual Lot, Mesmerizing Views—See All The Way Across The Lake. Set...

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

ACTIVE
14527 Canadian Border Road, Ely

$1,100,000 Jasper Lake

14527 Canadian Border Road, Ely

4 Beds 3 Baths 8 Acres 3,433 SqFt Condo MLS® # 6113752

This stunning custom home sits on 7.5 wooded acres above Jasper Lake with panoramic, unobstructed view of public, undeveloped woodland. Walk down to the 225 feet of shoreline to sit on the ...

Patricia BulinskiRegional 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
435 Sunset Road, Ely

$949,900 White Iron Lake

↓ $20,000

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

Active
435 Sunset Road, Ely

$949,900 White Iron Lake

↓ $20,000

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
New
3229 Big Rock Drive, Ely

$899,000 White Iron Lake

3229 Big Rock Drive, Ely

2 Beds 2 Baths 3 Acres 1,923 SqFt Single Family MLS® # 6114890

Beautiful, cedar sided home on the White Iron Lake chain with access to the BWCAW. Exceptional setting with majestic pines, birch & maple. Private location on a dead end road, just 8 miles...

Janet ErchulRegional Multiple Listing Service of Minnesota Logo

Active
New
3229 Big Rock Drive, Ely

$899,000 White Iron Lake

3229 Big Rock Drive, Ely

2 Beds 2 Baths 3 Acres 1,923 SqFt Single Family MLS® # 147059

Beautiful, cedar sided home on the White Iron Lake chain with access to the BWCAW. Exceptional setting with majestic pines, birch & maple. Private location on a deadend road, just 8 miles fr...

Ely RealtyRegional 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

Active
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

Ely, MN Real Estate Statistics

Average Price $477K
Lowest Price $19.7K
Highest Price $4.5M
Total Listings 146
Avg. Price/SQFT $369

Property Types (active listings)


As of July 18, 2024 there are 68 active Ely, MN lake property listings for sale with an average listing price of $794,128. The highest-priced waterfront listing is $4,500,000, while the lowest priced waterfront listing can be purchased for $85,000. Ely, MN lakeshore listings have an average price of $522 per square foot, based on listings with an average of 2.8 bedrooms, 2.3 bathrooms, and 1,522 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?

Contact Us

Provide a valid email address.
Newsletter consent