TBD Powerhouse Trail Lot 6, Ely, MN 55731
Property image
Property image
FOR SALE
2.1 ACRES

$344,900

Original price: $349,000

    TBD Powerhouse Trail Lot 6, Ely, MN 55731

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    Home Highlights

    HOA
    $26/Monthly
    Listed
    55 days ago

    Local Information

    • Map ViewExplore the area around TBD Powerhouse Trail Lot 6.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    West-facing Fall Lake lot — +-375’ of sunset shoreline, build-ready. Watch the sun set over the water every evening from this +-2.1 acre parcel on the south side of Fall Lake, a premium sought-after site at the end of Powerhouse Trail — now available again. A mature Red Pine stand lines +-375’ of classic rocky Boundary Waters shoreline, reached by a short path from the elevated building site. The work is already done: new driveway built to the building site, full survey completed (elevations and corners marked), power on site, and septic approved — start construction this season rather than next. The northern portion of Fall Lake lies within the BWCA, offering exceptional recreation right from your shore: motor boating, paddling, portaging, and fishing. Your home or vacation cabin is waiting.
    Last check for updates: about 2 hours ago
    Listing courtesy of Chris Eilrich, (218) 343-6169
    Wildwoods Land Company
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6126592
    Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

    Home Details for TBD Powerhouse Trail Lot 6

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    Gas & Electric
    Electric: Lake Country Power
    View
    Has a ViewView: Inland Lake

    Exterior Features

    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky)Road Frontage: Private RoadResponsible for Road Maintenance: Association Maintained RoadOn Waterfront
    Water & Sewer
    Water Body: Fall
    Farm & Range
    Frontage Length: 375

    Days on Market

    Cumulative Days on Market: 32Days on Market: 55

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 28636701060

    Price & Status

    Price
    List Price: $344,900
    Status Change & Dates
    Possession Timing: Immediate

    Active Status

    MLS Status: ACTIVE

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: Lake Superior #381

    Agent Information

    Listing Agent
    Listing ID: 6126592

    HOA

    HOA Fee Includes: OtherHas an HOAHOA Fee: $316/Annually

    Lot Information

    Lot Area: 2.1 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6126592Water ViewWater View: LakeAttribution Contact: ***

    Around this home

    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 . "
      7
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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. "
      0
      Flag
    • 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."
      3
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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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    Market trends in Ely

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    98
    2    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    XXX4 Powerhouse Trail Lot 4, Ely, MN
    0.09
    Lot/Land
    $215,000
    09/11/25
    -
    -
    XXX3 Powerhouse Trail Lot 3, Ely, MN
    0.13
    Lot/Land
    $225,000
    09/04/25
    -
    -
    TBD Circle Dr, Ely, MN
    1.71
    Lot/Land
    $65,000
    07/10/26
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    1.86
    Lot/Land
    $52,900
    12/05/25
    -
    -
    2128 and 2136 Sibley Court, Ely, MN
    3.19
    Lot/Land
    $38,900
    10/23/25
    -
    -
    2120 Sibley Dr, Ely, MN
    3.25
    Lot/Land
    $39,000
    07/29/26
    -
    -
    2125 Sibley Court, Ely, MN
    3.23
    Lot/Land
    $490,000
    05/27/26
    -
    -
    1322 N 18th Ave E, Ely, MN
    3.40
    Lot/Land
    $40,000
    01/21/26
    -
    -
    3216 Shady Rest, Ely, MN
    3.88
    Lot/Land
    $315,000
    10/23/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    XXX6 Powerhouse Trail Lot 6, Ely, MN 55731
    0.01
    -
    -
    -
    -
    Off Market
    XXX5 Powerhouse Trail Lot 5, Ely, MN 55731
    0.05
    -
    -
    -
    -
    Off Market
    XXX7 Powerhouse Trail Lot 7, Ely, MN 55731
    0.05
    -
    -
    -
    -
    Off Market
    XXX4 Powerhouse Trail Lot 4, Ely, MN 55731
    0.09
    -
    -
    -
    -
    Off Market
    XXX8 Powerhouse Trail Lot 8, Ely, MN 55731
    0.08
    -
    -
    -
    -
    Off Market
    XXX3 Powerhouse Trail Lot 3, Ely, MN 55731
    0.13
    -
    -
    -
    -
    Off Market
    XXX2 Powerhouse Trail Lot 2, Ely, MN 55731
    0.16
    -
    -
    -
    -
    Off Market
    XXX1 Powerhouse Trail Lot 1, Ely, MN 55731
    0.19
    -
    -
    -
    -
    Off Market
    409 Barrell Road, Ely, MN 55731
    0.55
    $261,200
    1
    -
    560
    Off Market
    417 Barrell Road, Ely, MN 55731
    0.61
    $347,000
    -
    -
    -
    For Sale
    417 Barrell Road Lot 3, Ely, MN 55731
    0.62
    -
    -
    -
    -
    Off Market

    Price and Tax history

    DateEventPrice
    Aug 6, 2026
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126592
    		PriceChange
    $344,900
    Price decreased by 1%
    Jul 7, 2026
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126592
    		Listed For Sale
    $349,000

    LGBTQ Local Legal Protections

    Chris Eilrich, Wildwoods Land Company
    Agent Phone: (218) 343-6169
    Based on information submitted to the MLS GRID as of 2026-08-31 12:37:47 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

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    Frequently asked questions about TBD Powerhouse Trail Lot 6

    • How big is TBD Powerhouse Trail Lot 6?
      TBD Powerhouse Trail Lot 6 in Ely, MN is about 2.1 acres.
    • What is the price per acre for TBD Powerhouse Trail Lot 6?
      TBD Powerhouse Trail Lot 6 in Ely, MN is listed at $344,900, or about $165K per acre.
    • What do residents say about Ely?
      Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See homes for sale in Ely, MN.
    • What are the closest schools to TBD Powerhouse Trail Lot 6?
      The closest schools to TBD Powerhouse Trail Lot 6 in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
    TBD Powerhouse Trail Lot 6, 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 Jul 7, 2026. The MLS # for this home is MLS# 6126592.