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    Ely, MN Waterfront Properties for Sale

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    Burntside Lake 5-Acre Island Parcel
    $945,000
    5.30 Acres

    Burntside Lake 5-Acre Island Parcel

    Tbd Waters Is, Ely, MN 55731

    Spectacular Burntside Lake property with south and west facing exposure.

    • 5‑acre parcel on Waters Island, Burntside Lake: Offers a large, private property on a central island of a highly desirable lake.
    • South and west facing exposure with breathtaking views of the lake and Boundary Waters Wilderness.
    • Private bay for swimming and boating: Includes a secluded bay ideal for recreational water activities.
    • Multiple level building sites feature easily accessible and level areas suitable for construction among mature pines.
    • Mainland dock with parking includes a dedicated mainland dock with a spacious parking area and easy access.
    Updated: Sep 6, 2025
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    Burntside Lake Waterfront Acreage
    $945,000
    5.30 Acres

    Burntside Lake Waterfront Acreage

    Tbd Waters Is, Ely, MN 55731

    Spectacular 5-acre parcel on Burntside Lake's Waters Island.

    • 5‑acre parcel on Waters Island, Burntside Lake's largest island.
    • South and west facing exposure with breathtaking views of the Boundary Waters.
    • Pristine and totally private setting.
    • Secluded bay for swimming and sheltered boat mooring.
    • Easily accessible level building sites among Norway pines.
    Updated: Sep 6, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    25.9 Acres Waterfront on Clearwater Lake
    $188,800
    25.90 Acres

    25.9 Acres Waterfront on Clearwater Lake

    25.9 acres with 2,685 feet of frontage on Clearwater Lake.

    9 Little Africa Lk Rd, Watersmeet, MI 49969
    View details
    Acreage with Waterfront and National Forest
    $189,950
    37.18 Acres

    Acreage with Waterfront and National Forest

    37+ acres with 3500+ feet of shoreline near National Forest.

    Tbd Sucker Lk, Watersmeet, MI 49969
    View details
    Waterfront Development Opportunity in Ludington
    $899,900
    0.68 Acres

    Waterfront Development Opportunity in Ludington

    Prime .68-acre lot with marine seawall and private boat launch.

    846 S Lakeshore Dr Unit, Ludington, MI 49431
    View details
    Waterfront Development Opportunity in Ludington
    $899,900
    0.68 Acres

    Waterfront Development Opportunity in Ludington

    Prime .68-acre lot with protected seawall and private boat launch.

    846 South Lakeshore Dr, Ludington, MI 49431
    View details

    Ely, MN Waterfront Properties Investment Opportunities Market Analysis

    Explore 2 waterfront properties for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 461,736 square feet of properties for sale, with an estimated market value of $1,890,000.

    Sale prices for water rights properties in Ely, MN start at $945,000, averaging $945,000, and reaching up to $945,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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