5049 Big Lake Rd, Ely, MN 55731
Property image
Property image
FOR SALE
4.39 ACRES

5049 Big Lake Rd
Ely, MN 55731

    $62,500

    Est. Mortgage $470/mo*
    Get Pre-Qualified

    $62,500

    Est. Mortgage $470/mo*
    Get Pre-Qualified
    (on 4.39 acres)

    Home Highlights

    Parking
    Open Parking
    HOA
    $17/Monthly
    Listed
    63 days ago

    Local Information

    • Map ViewExplore the area around 5049 Big Lake Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    North of Ely on the scenic Echo Trail is this gem of a lot. 4.39 acres of wooded forest near Big Lake. The property is elevated and has large rock outcroppings covered with some large pine, birch and maple. Western sunset views over state land while also adjoining federal land to the north. A short driveway leads to a small 12 x 12 bunk/shed which is insulated, heated and wired for generator. This location makes this an ideal spot to explore the nearby lakes and BWCA entry points and the setting has a very peaceful “grab your favorite book” feeling to it.

    Home Details for 5049 Big Lake Rd

    Interior Features

    Appliances & Utilities
    Utilities: None
    Gas & Electric
    Electric: None
    View
    No View

    Exterior Features

    Parking & Garage
    Has Open ParkingParking: Off Street
    Frontage
    Road Frontage: Private RoadResponsible for Road Maintenance: Association Maintained RoadNot on Waterfront

    Days on Market

    Cumulative Days on Market: 1Days on Market: 63

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 629003000010

    Price & Status

    Price
    List Price: $62,500
    Status Change & Dates
    Possession Timing: Immediate

    Active Status

    MLS Status: ACTIVE

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: Ely #696

    Agent Information

    Listing Agent
    Listing ID: 6125723

    HOA

    HOA Fee Includes: OtherHas an HOAHOA Fee: $200/Annually

    Lot Information

    Lot Area: 4.39 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6125723Attribution Contact: ***
    Last check for updates: 11 minutes ago
    Listing courtesy of Chris Eilrich, (218) 343-6169
    Wildwoods Land Company
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6125723
    Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

    Market trends in Ely

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    96
    16    MoM

    Price History for 5049 Big Lake Rd

    DatePriceEventSource
    06/01/2026$62,500Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6125723
    08/25/2023$47,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #6108138
    08/02/2023$54,000PendingLake Superior Area Realtors as distributed by MLS GRID #6108138
    07/31/2023$54,000PendingToActiveLake Superior Area Realtors as distributed by MLS GRID #6108138
    07/27/2023$64,000ContingentLake Superior Area Realtors as distributed by MLS GRID #6108138
    05/31/2023$64,000PriceChange
    Lake Superior Area Realtors as distributed by MLS GRID #6108138
    05/19/2023$84,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6108138
    09/30/2014$36,500Sold
    Lake Superior Area Realtors as distributed by MLS GRID #2073064
    10/23/2008$42,500Sold
    N/A

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    Property Tax and Assessment

    Year2024
    Tax$424
    Assessment$40,200
    Home facts updated by county records

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 5049 Big Lake Rd.

    What Locals Say about Ely

    At least 8 Trulia users voted on each feature.

    • 93 % Say there's wildlife

    • 90 % Say kids play outside

    • 89 % Say car is needed

    • 88 % Say parking is easy

    • 86 % Say it's quiet

    • 83 % Say yards are well-kept

    • 83 % Say it's dog friendly

    • 80 % Say there's holiday spirit

    • 78 % Say people would walk alone at night

    • 77 % Say it's walkable to restaurants

    • 75 % Say there are sidewalks

    • 73 % Say streets are well-lit

    • 72 % Say neighbors are friendly

    • 69 % Say it's walkable to grocery stores

    • 45 % Say there are community events

    • 36 % Say they plan to stay for at least 5 years

    Sourced by Trulia users. Learn more about our methodology.
    • Mavericksells
      "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
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    • Derek H.
      "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
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    • Jennifer P.
      "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
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    • Jennifer P.
      "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
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    • Rvhall
      "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
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    • Lora L.
      "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
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    LGBTQ Local Legal Protections

    Chris Eilrich, Wildwoods Land Company
    Agent Phone: (218) 343-6169
    Based on information submitted to the MLS GRID as of 2026-08-03 20:42:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
    5049 Big Lake Rd, Ely, MN 55731 is a lot/land. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Jun 1, 2026. The MLS # for this home is MLS# 6125723.