Ely Homes under $600,000

Welcome to Ely, Minnesota – a hidden gem nestled in the heart of the Northwoods! Known for its breathtaking natural beauty and rich outdoor recreational opportunities, Ely is the perfect destination for those seeking a vibrant community with a small-town feel. Surrounded by pristine lakes, lush forests, and the stunning Boundary Waters Canoe Area Wilderness, Ely is a haven for nature lovers, adventure seekers, and anyone looking to embrace the great outdoors.

The charm of Ely extends beyond its stunning landscapes; the city boasts a warm, welcoming community with a rich cultural heritage. Enjoy local art galleries, unique shops, and delightful dining options that celebrate the flavors of the north. Whether you’re exploring the historic downtown area or participating in seasonal festivals, there’s always something happening in this lively town.

For homebuyers looking to settle in this picturesque location, Ely offers an array of homes under $600,000. You can find cozy cabins, charming bungalows, and modern family homes, all designed to provide comfort and a connection to nature. Many properties come with stunning views and easy access to outdoor activities, making it an ideal choice for families, retirees, or anyone looking to escape the hustle and bustle of city life.

With its affordable housing options and rich community spirit, Ely, MN, is more than just a place to live; it’s a place to thrive. Discover your dream home in Ely today and start your adventure in this enchanting corner of Minnesota!

Newest Ely Homes under $600,000

$429,900

2 Beds ⋅ 1 Baths ⋅ 7151744 MLS

Escape to Moose Lake and enjoy classic Northwoods cabin living at 2793 Wolf Track Tr. Built in 2008, this log cabin sits on .28 acres with approximately 80 feet of waterfront and offers a warm, rustic interior filled with natural wood character. The main level features an open kitchen and living area, full bathroom, while the lofted upper level offers 2 bedrooms, or an additional 3rd sleeping space, or an office area. With approximately 998 finished square feet, the cabin makes the most of its footprint while maintaining the cozy feel of a true lake retreat. The interior showcases a combination of red pine and aspen beams, posts, and ceilings, laminate flooring, and a wood stove for heat, with additional space heaters for added comfort. The property has been winterized annually and includes a newer hot water heater, along with a new well pump and pressure gauge within the past two years. Extensive improvements completed in 2008 included windows, siding, flooring, roof, electrical, and plumbing. Outside, enjoy approximately 80 feet of frontage on Moose Lake with access to a shared dock and the option to have your own dock if desired. Property amenities also include access to a shared garage building for boat and recreational storage, as well as a shared heated bathhouse with men’s and women’s facilities and laundry. The septic system and drainage field are shared with neighboring properties, while the well is privately owned. Annual HOA dues are approximately $750 and include snow plowing and yard maintenance; garbage service is the owner’s responsibility. Adding to the turnkey appeal, most furnishings are included in the sale along with Wenonah canoes, making it easy to start enjoying lake life right away. Artwork and the decorative canoe paddles inside the cabin are excluded. Whether you’re spending summer days on the water, gathering around the wood stove on a cool fall evening, or simply looking for a peaceful place to unplug, this Moose Lake property offers a quintessential Minnesota cabin experience.

2793 Wolf Track Trail, Ely

Listing courtesy of RE/MAX Results.

$175,000

1 Beds ⋅ 7138143 MLS

This "one of a kind" recreational cabin is situated on 8+ wooded acres near Lake Vermilion. The cabin features a rustic "charm" with aged barn wood ceilings, tin accents and angled/sloped roof line and foundation. Cabin includes open kit/DR/LR area w/free standing wood fireplace, bedroom and small sleeping loft. Extras include 24x36 detached garage w/concrete floor (built in 2025), well (w/hand pump), electricity, woodshed and storage shed/privy. This property is in a great location as it is located between Tower & Ely, near Lake Vermilion State Park & Campground, Mesabi Bike Trail is across the road, minutes from the new OHV Campground and near other area lakes for year around recreation. Property adjoins hundreds of acres of public land. This property is ready for the next owner to start making great memories at now!

4704 Highway 169, Ely

Listing courtesy of BIC Realty.

$395,000

3 Beds ⋅ 1 Baths ⋅ 7125017 MLS

Step into the warmth of this stunning log home, perfectly designed for those seeking a peaceful escape. Log home tucked under the White Pines on Everett Lake outsideof Ely MN. The open-floor concept blends the kitchen, dining, and living areas beautifully, making it the heart of the home. Picture yourself enjoying a morning coffee at the kitchen breakfast bar or cozying up by the wood-burning fireplace after a day outside. The home boasts in-floor heating, adding comfort to every season. A loft bedroom provides a private retreat, while two spacious main-floor bedrooms and a main-floor laundry offer convenience and practicality. Outdoor Paradise with waterfront access with 331 feet of shoreline, you'll have endless opportunities for kayaking, fishing, or simply soaking up the views. Spread out on your own peaceful 3+acre lot surrounded by nature. Two-Car Garage includes a finished loft space perfect for an artist's studio, a home office, exercise room, or play area. This property is ideal for nature lovers and those seeking tranquility right outside their front door. Whether you're enjoying serene lake views, hosting friends for a cozy weekend, or creating your dream studio in the loft above the garage, the possibilities are endless.

3547 Norway Lane, Ely

Listing courtesy of Z'Up North Realty, Inc..

$379,000

1 Beds ⋅ 1 Baths ⋅ 7114547 MLS

OPEN HOUSE: Click link for 3D Virtual Tour. Ely Country Home On 11.5 acres, just 5 miles south of Ely set back off Highway 169. 1B/1B yr rnd home, screen porch has potential to become second bedrm. 4920SF storage bldg has 17ft high double doors on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & huge space for indoor storage. Drilled well. Good internet. Area for garden. Looking to start/expand your business—part of this property has excellent visibility from the corner of Hwy 169 & Grand McMahon. Move in ready!

2331-1 Old HIghway 169, Ely

Listing courtesy of Janisch Realty, Inc.

$155,000

3 Beds ⋅ 1 Baths ⋅ 7107676 MLS

Welcome to this charming 3 bedroom, 1 bath home in beautiful Ely, MN! Plenty of windows throughout provide natural light, and a cozy fireplace greets you after exploring the great outdoors. With an attached garage for all your northern activities, this house will serve you for years to come!

1111 E Camp Street, Ely

Listing courtesy of North Pine Realty.

$299,000

1 Beds ⋅ 1 Baths ⋅ 7099776 MLS

Tucked away in a peaceful wooded setting on 4.6 acres just minutes outside of Ely, this one-of-a-kind A-frame built in 2023 is brimming with thoughtful craftsmanship. Every inch of this newly built 1 bed, 1 bath home has been intentionally designed, with each material carefully selected to tell a story. 800sq ft home showcases reclaimed and locally sourced materials creating a warm and inviting space nestled in the woods. A beautifully restored antique front door welcomes you inside where custom trim, concrete countertops, marble backsplash, and open kitchen shelving crafted from salvaged lumber from Rock Ridge Christian Camp in Ely. White oak flooring throughout as well as beautiful white oak beams in the cozy bedroom loft. In-floor heat and cozy wood burning stove made in Ireland. New septic and well. Plenty of room for growth! Whether you're searching for a full-time residence or weekend escape, this exceptional property offers privacy, artistry and an opportunity to unplug. This is more than a home; it's a story waiting for its next chapter!

1728 Maple St, Ely

Listing courtesy of eXp Realty.

$445,000

1 Beds ⋅ 2 Baths ⋅ 7096515 MLS

Sitting on almost two acres with 260 ft of lake shore on One Pine Lake – Well-Cared-For Lake Home with Outbuildings. This well-maintained lake home offers comfortable living, lake views, and an impressive collection of outbuildings for all your storage, hobby, and workshop needs. The main level features a legal primary bedroom, a full bathroom, an L-shaped kitchen, dining area, and a spacious living room designed to take advantage of the lake views. Step out onto the approximately 20' x 18' deck and enjoy your morning coffee, entertain guests, or simply relax while overlooking the water. The walkout lower level provides additional living space with two non-conforming bedrooms, a laundry area, and a large family/recreation room. A single-car attached garage. Outside, you'll find an impressive assortment of outbuildings, including: 36' x 27' insulated and heated garage/workshop, 14' x 40' metal storage building, 19' x 16.5' metal storage building near the lake, 17' x 15' wood shed. If this home could speak, it might say: "I have been well cared for throughout the years. While some of my finishes may be dated, I am ready to welcome new owners who can add their own personal touches and updates while enjoying everything I already have to offer." Important Note: All original property photos are displayed first. Some AI-staged photos may be included to help visualize decorating and furnishing possibilities. The AI staging has not altered the physical architecture, layout, or dimensions, of the property.

1717 Pine Street Road, Ely

Listing courtesy of Z'Up North Realty, Inc..

$114,000

2 Beds ⋅ 2 Baths ⋅ 7093046 MLS

If you're searching for a unique escape that combines the charm of secluded living with the convenience of modern amenities, your search ends at this marvelous Ely property. Don't miss the opportunity to call this extraordinary place home. Tucked away under the Iconic Ely Water Tower, the gateway to Ely you'll find this hidden gem. 2 BR/1.5 BA home with hardwood floors, large eat in kitchen, and main floor laundry. Main floor boasts a large kitchen, expansive living room, office, and 1/4 bath. Upper-level features two bedrooms and a 3/4 bathroom. Large deck off the upper 20x11.5 bedroom! And let's not forget the massive 18 x 36 garage. Propane furnace too!!

355 W Harvey Street, Ely

Listing courtesy of Z'Up North Realty, Inc..

$118,999

3 Beds ⋅ 2 Baths ⋅ 7088876 MLS

This charming 3bedroom, 2 bath home in Ely offers comfortable living with a relaxed Northwoods feel. The main floor features an eat-in kitchen that flows into a spacious living room, plus a convenient half bath. Upstairs you’ll find three bedrooms and a full bath, giving everyone their own space. One of the highlights is the beautiful 4-season sunroom finished in warm knotty pine, perfect for morning coffee or watching the seasons change. Outside, a custom stone and cement patio creates a great spot for relaxing or entertaining. The basement includes an electric sauna for unwinding after a day outdoors. There’s also a 1 stall garage with extra room for tinkering or storage. Locationwise, you’re close to the Trezona Trail, Miners Lake, and Shagawa Lake, and just a short walk to downtown Ely for coffee or a bite to eat. It’s a practical, well-laid-out home in a convenient Ely location.

230 W Camp Street, Ely

Listing courtesy of Z'Up North Realty, Inc..

$189,000

2 Beds ⋅ 2 Baths ⋅ 7086969 MLS

37 E Boundary Street E, Ely

Listing courtesy of Z'Up North Realty, Inc..

$550,000

4 Beds ⋅ 3 Baths ⋅ 7044811 MLS

Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. Priced below appraisal value. Set on 4 private, wooded acres just outside Ely. This finished log home is a rare combination of year-round comfort and true multi-purpose space — the kind of property that's hard to find and even harder to replace. The main log home offers a private primary suite plus a loft for additional sleeping space, warm-tile floors in the kitchen and bath, and the timeless character only a real log home delivers. But the real story here is everything around it: a heated two-car garage with two separate workshops — ideal for woodworking, mechanics, fabrication, or serious hobbyists —topped by a fully finished upper level with three additional bedrooms and a half bath. Altogether, this property offers flexible living and sleeping space for extended family, guests, or multi-generational living, all while keeping the main home private and quiet. Whether you need serious workshop space, room for a growing or visiting family, or simply want elbow room and privacy just minutes from Ely's lakes, trails, and the Boundary Waters, this property delivers.

12957 W Ridge Road, Ely

Listing courtesy of Z'Up North Realty, Inc..

$599,000

2 Beds ⋅ 3 Baths ⋅ 7046279 MLS

Nestled approximately 12 miles south of Ely, this 3BR/3BA Birch Lake home sits on a 2.6-acre point, offering unparalleled views of Birch Lake from three sides. With 675 feet of accessible, user-friendly shoreline, with sandy beach. Huge living/dining room with a cozy wood-burning brick fireplace, lakeside room with vaulted ceilings and panoramic lake views, en-suite primary bedroom, main floor laundry, knotty pine cabin feel throughout for full Up North Cabin feels. Lower level has a roomy rec room and two other rooms used as bedrooms (non-egress) but great for a library, den, exercise room, etc. Outdoor bliss with large front deck, firepit, dock in a quite bay (great fishing shhh) and end of the road privacy. You'll love the sites, sounds, and fresh forest smells of this hidden retreat. Don't miss out!

1804 N Bay Road, Ely

Listing courtesy of Z'Up North Realty, Inc..

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