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Wooded Waterfront Homesite
For Sale
$347,000

417 Barrel Road, Ely, MN 55731

LAND - Ely, MN

Property SizeContact for details
Lot Size2.80 Acres
Days on Market112

Property Features for 417 Barrel Road

General Information

Property type Land
Property subtype Other
Zoning description Residential-Single Family
Lot features B W C A Access, Irregular Lot, Tree Coverage - Heavy
High school district Lake Superior
Directions From Ely, E. on Hwy 169, L. on Barrell Rd. (3rd driveway on L. after Garden Lake bridge. Sign on R.
Standard status Active
APN 28636801030
Lot size 2.80 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1238

Utilities

Utilities Electricity Available
Water front features Lake
Water front 1
Listing Agency: Janisch Realty, Inc
Listed By: Lisa Janisch · License #40298563
Added: Apr 30 Changed: Jun 29 Last Checked: Aug 19 at 9:06PM
MLS# 7065628

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a well-maintained, year-round road-access homesite on the south shore of Fall Lake. The land has been brushed and includes a gradual elevation toward the water, with surveyed improvements and choice of building sites. The parcel totals 2.8 wooded acres and offers water views across the lake. It also features power at the road and a site that has been reviewed for septic, supporting residential development. Water access is complemented by 205 feet of excellent swimming shoreline.

Located in Ely, Minnesota on Fall Lake in the Boundary Waters region, the setting offers outdoor recreation right at the water’s edge. The remarks note walking distance to Kawishiwi Falls and access by boat into the BWCA approximately 2 miles from the property, with Fall Lake connecting to additional waters in the larger network.

For buyers looking to build a year-round cabin or primary residence, this site provides the basic development elements highlighted in the materials: surveyed land, power available at the road, and a septic-reviewed location. The combination of wooded privacy, substantial shoreline frontage, and buildable options supports a range of home planning on a level-to-water grading profile.

Key Highlights

  • 2.8 wooded acres on the south shore of Fall Lake with lake views up the shoreline
  • 205 ft shoreline with access to the BWCA entry waterway and boat ride about 2 miles to the BWCA
  • Power available at the road

Property Analytics

Current Use

Waterfront Land

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 55731, MN

5,494
Population
4,954
Households
1.1
Avg Household Size
54
Median Age
41%
College-Educated
94%
High-School Grad
1,606.7 sq mi
ZIP Area
3
Density / Sq Mi
$62,900
Median Household Income
$31,840
Median Earnings
$641
Median Rent
$202,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - A private, surveyed 2.8-acre south-shore lot with power at the road, reviewed septic site, and 205 feet of shoreline.
Where is this waterfront land located?
The property is located at 417 Barrel Road Ely, MN.
What is the asking price?
The asking price for this property is $347,000.
What are key features of this property?
This property features: 2.8 wooded acres on the south shore of Fall Lake with lake views up the shoreline; 205 ft shoreline with access to the BWCA entry waterway and boat ride about 2 miles to the BWCA; Power available at the road
More about this property
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