Fall Lake Waterfront
For Sale
$347,000
417 Barrell Road, Ely, MN 55731
LAND - Ely, MN
Property SizeContact for details
Lot Size2.80 Acres
Days on Market111
Property Features for 417 Barrell Road
General Information
Property type
Land
Property subtype
Other
Subdivision
Lake County
Standard status
Active
Lot size
2.80 Acres
Utilities
Water front features
Lake
Water front
1
Listing Agency:
Janisch Realty Inc
(218) 780-6644
Listed By:
Lisa Janisch · License #40298563
(218) 780-6644
Added: May 1
Changed: May 26
Last Checked: Aug 19 at 9:06PM
MLS# 149843
Copyright © 2026 Range Association of REALTORS. 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 2.8-acre wooded property is located on the south shore of Fall Lake, a Boundary Waters entry lake. The level homesite features 205 feet of shoreline suitable for swimming. The property is situated 6 miles from Ely and is accessible via a well-maintained year-round road. The site has been surveyed and brushed, offering a choice of building sites with gradual elevation to the water. Power is available at the road, and the site has been reviewed for septic suitability. Fall Lake is a 2,258-acre lake with a depth of 32 feet, forming part of a continuous waterway extending from White Iron Lake through Silver Rapids into Farm, South Farm, and Garden Lakes. This waterway provides opportunities for family recreation, motorboating, paddling, and fishing. The property is within walking distance of Kawishiwi Falls and near public launches for Fall and Garden Lakes. The location allows boating 2 miles into the Boundary Waters Canoe Area and up to Basswood Lake.
Key Highlights
- 205 ft excellent swimming shoreline on Fall Lake
- Direct boat access to the Boundary Waters Canoe Area (BWCA)
- Private 2.8 wooded acres on a premier lake
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - 2.8 acres on Fall Lake, near Boundary Waters Canoe Area.
Where is this waterfront land located?
The property is located at 417 Barrell 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: 205 ft excellent swimming shoreline on Fall Lake; Direct boat access to the Boundary Waters Canoe Area (BWCA); Private 2.8 wooded acres on a premier lake
