Unit 1 #1, Ely, MN 55731
Property image
Property image
FOR SALE
0.49 ACRES

Unit 1 #1
Ely, MN 55731

    $184,900

    Est. Mortgage $1,185/mo*

    $184,900

    Est. Mortgage $1,185/mo*
    (on 0.49 acres)

    Home Highlights

    HOA
    None
    Listed
    136 days ago

    Local Information

    • Map ViewExplore the area around Unit 1 #1.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Absolutely gorgeous piece of the True North !! This property used to be a resort but was split up for individual cabin life. Premier fishing and excellent hunting right out the front door. Property comes with 2 generators (9500w and 4000w). Propane heat for winter (300 gallon tank). On demand water heater. No motor restrictions or Walleye slot limits on this body of water.

    This property is truly a one of a kind getaway. The landscape is absolutely beautiful and you will feel right at home instantly. Property is surrounded by thousands of acres of county, state and national land, so hunting is incredible for deer, bear, grouse, woodcock and waterfowl. Excellent walleye, crappie and northern pike fishing. Hundreds of miles of ATV and snowmobile trails nearby. And if you are lucky, the neighbors may tell you about the hidden waterfall !! Escape the noise and commotion of the big cities. Come check out this quiet northern Minnesota paradise !!

    Home Details for Unit 1 #1

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Propane Connected, Shared Septic Available, Shared Septic Connected, Shared Well Available, Shared Well Connected
    View
    No View

    Exterior Features

    Exterior Home Features
    Other Structures: Guest House, Storage Shed
    Parking & Garage
    No Garage
    Frontage
    WaterfrontWaterfront: Lake FrontRoad Frontage: Private RoadRoad Surface Type: UnimprovedOn Waterfront
    Surface & Elevation
    Topography: High Ground, Rolling, Sloped

    Days on Market

    Days on Market: 136

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Included in Sale: For Sale SignParcel Number: 20612000100

    Price & Status

    Price
    List Price: $184,900

    Location

    Direction & Address
    City: IsabellaCommunity: Roaring Stone Estates Planned
    School Information
    High School District: Lake Superior

    Agent Information

    Listing Agent
    Listing ID: 7048013

    Community

    Community Features: No

    HOA

    No HOAHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 0.49 acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 7048013

    Additional Information

    No
    Last check for updates: about 8 hours ago
    Listing courtesy of Gabe Werra, (651) 307-5871
    Timber Ghost Realty, LLC
    Jim Nelson, (651) 468-5965
    Source: NorthstarMLS as distributed by MLS GRID, MLS#7048013

    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

    Price and Tax history

    DateEventPrice
    Apr 3, 2026
    Source: NorthstarMLS as distributed by MLS GRID #7048013
    Listed For Sale
    $184,900
    Apr 2, 2026
    Source: NorthstarMLS as distributed by MLS GRID #6416944
    ListingRemoved
    $184,900
    Aug 25, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6416944
    PriceChange
    $184,900
    Price decreased by 3%
    Aug 13, 2023
    Source: NorthstarMLS as distributed by MLS GRID #6416944
    Listed For Sale
    $189,900

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    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. "
    • 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 . "
    • 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. "
    • 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."
    • 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."
    • 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."

    LGBTQ Local Legal Protections

    Frequently asked questions about Unit 1 #1

    • How big is Unit 1 #1?
      Unit 1 #1 in Ely, MN is about 0.49 acres (21,388 sq ft).
    • What is the price per acre for Unit 1 #1?
      Unit 1 #1 in Ely, MN is listed at $184,900, or about $375K 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 Unit 1 #1?
      The closest schools to Unit 1 #1 in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
    Gabe Werra, Timber Ghost Realty, LLC
    Agent Phone: (651) 307-5871
    Based on information submitted to the MLS GRID as of 2026-08-17 14:38:30 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
    By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
    Unit 1 #1, Ely, MN 55731 is a lot/land. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Apr 3, 2026. The MLS # for this home is MLS# 7048013.