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    Ely, MN Waterfront Land for Sale

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    Babbitt, MN Soudan, MN Tower, MN
    Waterfront Land Near Boundary Waters
    $347,000
    2.80 Acres

    Waterfront Land Near Boundary Waters

    417 Barrell Road, Ely, MN 55731

    2.8 acres with 205 ft shoreline near Ely, MN.

    • 205 Ft Excellent Swimming Shoreline on Fall Lake
    • Direct Boat Access to the Boundary Waters Canoe Area (BWCA)
    • Private 2.8 Wooded Acres
    • Well Maintained Year Round Road Access
    • Gradual Elevation to the Water with Choice Building Sites
    Updated: Apr 30
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    Fall Lake Waterfront Homesite
    $347,000
    2.80 Acres

    Fall Lake Waterfront Homesite

    Ely, MN 55731

    2.8 acres with 205 ft shoreline on Fall Lake.

    • 205 Ft Excellent Swimming Shoreline on Fall Lake
    • Direct Boat Access to the Boundary Waters Canoe Area (BWCA)
    • Private 2.8 Wooded Acres
    • Well Maintained Year Round Road Access
    • Walking Distance to Kawishiwi Falls
    Updated: Apr 30
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    Burntside Lake Waterfront Acreage
    $945,000
    5.30 Acres

    Burntside Lake Waterfront Acreage

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

    TBD Waters Island, Ely, MN 55731
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    Burntside Lake 5-Acre Island Parcel
    $945,000
    5.30 Acres

    Burntside Lake 5-Acre Island Parcel

    Spectacular Burntside Lake property with south and west facing exposure.

    Tbd Waters Island, Ely, MN 55731
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    Based on your search, we've compiled 4 Potential Opportunities for your consideration. Besides 4 Active listings in Ely, MN, we suggest exploring several alternatives:

    Ely, MN Waterfront Land Investment Opportunities Market Analysis

    Explore 4 waterfront land for sale in Ely, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,584,000.

    Sale prices for water rights properties in Ely, MN start at $347,000, averaging $646,000, 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Ely.

    Top Commercial Asset Segments

    Waterfront Land 4
    Recreation land 3
    Residential land & home lots 3

    Demographics Overview

    Population 5,292
    Population Growth (5Y) -10.5%
    Median Household Income $62,900
    College Educated 54.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Ely submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    55731 $646K

    Taxes & Financing

    Tax Rate (average for all types) 1.56%
    Property Tax per SF $11.67 per sq ft
    Tax Rate vs County Average 1.02 pp below county avg
    Average Loan-to-Value 65.0%

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