
Minnesota
Waterfront Homes for Sale in Ely
“Ely MN Waterfront Homes Await You”
20 listings
Avg $815,265
Explore
Handpicked
Editor's Picks
Our curated selection of the finest waterfront homes homes
Featured
More Waterfront Homes
Discover more properties that match this lifestyle

$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
Ely, Minnesota offers 20 waterfront properties on the market with an average price of $815,265. Listings range from $194,900 to $2,450,000, providing access to pristine lakes near the Boundary Waters Canoe Area Wilderness. These homes suit buyers seeking northern Minnesota's outdoor lifestyle.
Average listing price: $815,265 · 20 homes available
Frequently Asked Questions
Waterfront listings in Ely range from $194,900 to $2,450,000 with an average price of $815,265 across 20 active properties. This spread supports options from modest cabins to high-end estates on lakes like Burntside or Shagawa.
There are currently 20 waterfront properties available in Ely. This inventory gives buyers reasonable selection in a popular lake region. Checking frequently with local realtors helps track new listings.
Buyers should evaluate lake access, property setbacks from water, and seasonal maintenance needs in Ely's northern climate. Proximity to the Boundary Waters adds recreational value but may affect resale. Reviewing flood zones and local zoning is recommended before offers.