Minnesota
Waterfront Homes for Sale in Ely
“Ely MN Waterfront Homes on Pristine Lakes”
20 listings
Avg $812,465
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$2.5M
2928 Waters Is & Dock Van Vac Road
Ely, MN
6 bd4 ba2,146
$2.0M
2713 Burntside Lake NE
Ely, MN
3 bd3 ba3,710
$2.0M
2713 Burntside Lake NE
Ely, MN
3 bd3 ba3,710
$1.3M
13699 Mill Road
Ely, MN
2 bd3 ba3,830
$1.3M
1663 Saari Rd
Ely, MN
4 bd4 ba5,016
$798K
1280 S White Iron Rd
Ely, MN
4 bd3 ba2,259
$700K
1787 N Bay Road
Ely, MN
3 bd2 ba1,872
$685K
3297 Burntside Lake Lake NW
Ely, MN
1 bd1 ba800
About Waterfront Homes in Ely
Waterfront properties in Ely, MN offer direct access to pristine Boundary Waters lakes, with 20 current listings available. The market shows an average price of $812,465, spanning from $194,900 to $2,450,000. These homes attract buyers seeking wilderness living near the Boundary Waters Canoe Area.
Average listing price: $812,465 · 20 homes available
Frequently Asked Questions
Which lakes feature the most waterfront listings in Ely, MN?
Popular lakes include Burntside and Shagawa with several of the 20 active listings. Prices vary widely within the $194,900 to $2,450,000 range based on lake frontage.
What is the average price for Ely waterfront properties right now?
The current average stands at $812,465 across all 20 listings. Buyers should budget accordingly as prices range from entry-level cabins to luxury estates.
Are Ely waterfront homes a good investment for year-round living?
Many properties support four-season use near the Boundary Waters with strong demand. The limited supply of 20 listings suggests potential appreciation for well-maintained homes.