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    Ely, MN
    Recreation

    Ely, MN Recreation Land for Sale

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    Forested Recreation Land Parcel
    Updated: Jul 13
    Forested Recreation Land Parcel

    1648 Golden Ridge Trail, Ely, MN 55731

    $154,000
    20.00 AC lot
    20‑acre forested parcel on Golden Ridge Trail, just off Echo Trail near Ely
    Electric service brought directly to the site in the heart of the property
    Handcrafted outhouse on the property
    Includes an elevated deer stand with a comfortable staircase for access
    Hundreds of acres of adjoining State land border the west, southwest, and east sides
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    Burntside Lake 5-Acre Island Parcel
    Updated: May 20, 2025
    Burntside Lake 5-Acre Island Parcel

    Waters Island, Ely, MN 55731

    $945,000
    5.30 AC lot
    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.
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    Fall Lake Waterfront Homesite
    Fall Lake Waterfront Homesite

    417 Barrell Road, Ely, MN 55731

    $347,000
    2.80 AC lot

    2.8 acres on Fall Lake, near Boundary Waters Canoe Area.

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    See what stands out in St. Louis County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Waterfront Land with Lake Access
    Waterfront Land with Lake Access

    1 Fernberg Road, Ely, MN 55731

    $171,325

    Surveyed parcel offers septic-approved sites, utility availability, and a developed road to the property edge.

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    Waterfront Land with Lake Access
    Waterfront Land with Lake Access

    13324 Farm Lake Access Rd, Ely, MN 55731

    Contact for pricing

    Level shoreline, established tree cover, and nearby power availability create a practical setting for recreational land use.

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    Wooded Landholding with Water Views
    Wooded Landholding with Water Views

    200 Pine Rd, Ely, MN 55731

    Contact for pricing

    Heavily wooded acreage includes gravel, soil, gradual elevations, and unobstructed views across water and surrounding woods.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Land
    Land

    13326 Farm Lake Access Road, Ely, MN 55731

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    Waterfront Land

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    Land
    Land

    13328 Farm Lake Access Rd, Ely, MN 55731

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    Waterfront Land

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Lakefront Recreation Land Parcel
    Lakefront Recreation Land Parcel

    95642 Pine Island, Tower, MN 55790

    $169,900
    7.20 AC lot

    Recreational land on Lake Vermilion with approved septic sites and boat-access dock frontage.

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    Recreational Fishing & Hunting Land
    Recreational Fishing & Hunting Land

    N Kelly Trail, Isabella, MN 55731

    $184,900
    0.49 AC lot

    A small parcel with resort-to-cabin history, equipped utilities, and immediate fishing and hunting access.

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    Waterfront RV Resort Lot
    Waterfront RV Resort Lot

    TBD 13 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot

    Cooperative ownership includes a channel boat slip and on-site utility connections.

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    Recreational Hunting Land Parcel
    Recreational Hunting Land Parcel

    9279 Highway 2, Isabella, MN 58701

    Contact for pricing
    40.00 AC lot

    40 acres in the Isabella area with good access off Highway 2 and a driveway into a potential building site.

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    Ely, MN Recreation Land Market Trends and Statistics

    Explore 8 recreation land for sale in Ely, MN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 1,224,036 square feet of properties for sale, with an estimated market value of $1,617,325.

    Sale prices for recreation land in Ely, MN start at $154,000, averaging $404,331, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Waterfront Land 13
    Recreation land 10
    Residential land & home lots 8
    Hunting land 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55731 $337.6K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

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