Luxury homes for sale & real estate in Ely, MN

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ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Rare Burntside Lake Opportunity-A Beloved Family Cabin, Never Before Offered On The Market! This charming, meticulously maintained 2 bedrm cabin situated on a level lot offers the opportunity to own a truly special piece of Burntside Lake history. Nestled on one of northern Minnesota's most sought after lakes, Burntside is know for its pristine waters, rock outcroppings, spectacular Northwoods scenery, abundant wildlife and proximity to the Boundary Waters Canoe Area. With more than 7000 acres of crystal-clear water, over 100 islands, and surrounding Superior National Forest, Burntside provides unmatched Northwoods setting. Known as the gateway to the Boundary Waters, the lake offers except

$887,900

2 beds1 bath525 sq ft

3530 North Arm Rd, Ely, MN 55731

Pristine waters • Level lot • Abundant wildlife

3D WALKTHROUGH

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Rare In Town Northwoods Retreat On Beach, Trout Lake! Introducing The Zenith, a pinnacle of Contemporary North design on 5 mostly level acres w/ crushed asphalt drive down to 505ft private shore/sand beach on coveted Miner’s Trout Lake. Ideally located at edge of Ely on Trezona Trail, every element of this world-class residence balances curated sophistication with organic warmth, delivering an unparalleled lakeside lifestyle. Built 2024, 3+BR, 3BA, 2 Kitch, Lakeside Decks. Main Flr Primary Ste, Lakeside Office/BR & Laund. Att 2 Stall Gar Plus Addl Storage Bldgs, Garden. Great rm features soaring floor-to-ceiling waterfront windows, firepl, elevated living spaces, epicurean kitch

$1,275,000

3 beds3 baths3,880 sq ft

1499 E Miners Dr E, Ely, MN 55731

Private shoreline • Full second kitchen • Exclusive sand beach

3D WALKTHROUGH

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
An idyllic Burntside Lake retreat located up the famed Echo Trail in Ely, Minnesota, this exceptional one-level lake home offers a rare combination of privacy, quality, and premier shoreline. Set on approximately 3.4 wooded acres with approximately 585 feet of gorgeous level shoreline, the property captures the very best of Northwoods lake life in one of the area’s most sought-after locations. The shoreline is truly remarkable, featuring a sand beach, dramatic rock outcroppings, and a new permanent dock perfect for morning coffee, swimming, boating, and quiet evenings by the water. Situated on the quiet east end of Burntside Lake, the completely remodeled 2-bedroom, 1-bath home has be

$1,295,000

3 beds2 baths1,350 sq ft

2056 Mollywood Ln, Ely, MN 55731

3.4 wooded acres • 585 feet shoreline • New permanent dock

3D WALKTHROUGH

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Commanding nearly 1,000 feet of pristine shoreline on Farm Lake, this extraordinary 4,000 square foot architecturally designed log estate is set on 13 private acres, offering a rare blend of seclusion, craftsmanship, and panoramic natural beauty. Walls of glass frame breathtaking lake views throughout the grand living room, where soaring vaulted ceilings, rich wood floors, and a dramatic floor-to-ceiling flagstone fireplace create a warm yet sophisticated gathering space. The open-concept design flows effortlessly into a well appointed gourmet kitchen featuring granite surfaces, custom maple cabinetry, stainless steel appliances, and double ovens; ideal for both everyday living and entertai

$1,975,000

3 beds2.5 baths4,000 sq ft

693 Kawishiwi Trl, Ely, MN 55731

Panoramic views • Lakeside deck • Walk in closet

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Imagine owning your own private piece of paradise with over 10 acres on Waters Island with a staggering 2,000 feet of pristine shoreline on beautiful Burntside Lake and a rare offering of a separate 2+ acre mainland parcel with 210 feet of shoreline on Van Vac Road for convenient access and extra privacy provided by the massive, towering Pines. Between the Island, and Inland lot, you have two additional building sites AND a Cabin if you wanted to separate the parcels. Wrapped in rustic rough cedar siding, it sits perfectly on the island with breathtaking sunrise views greeting you each day, sitting where an original trappers shack was located. You have 3 docks and 2 additional buildable lot

$1,490,000

3 beds1 bath1,122 sq ft

2763 Van Vac Rd Unit 2889 Waters Island, Ely, MN 55731

Pristine shoreline • Towering pines • Cozy window seats

Property at 2713 Burntside Lk Unit NE, Ely, MN 55731, 3 beds, 3 baths

$1,985,500

3 beds3 baths3,710 sq ft

2713 Burntside Lk Unit NE, Ely, MN 55731

Property at 2763 Van Vac Rd, Ely, MN 55731, 3 beds, 1 bath

$1,490,000

3 beds1 bath1,122 sq ft

2763 Van Vac Rd, Ely, MN 55731

Property at 2928 Waters Is Unit Waters Island and Dock Van Vac Road, Ely, MN 55731, 6 beds, 3.5 baths

$2,450,000

6 beds3.5 baths2,146 sq ft

2928 Waters Is Unit Waters Island and Dock Van Vac Road, Ely, MN 55731

Property at 2713 Burntside Lk NE, Ely, MN 55731, 3 beds, 3 baths

$1,985,500

3 beds3 baths3,710 sq ft

2713 Burntside Lk NE, Ely, MN 55731

Property at 2928 Waters Island And Dock Van Vac Rd, Morse Township, MN 55731, 6 beds, 4 baths

$2,450,000

6 beds4 baths2,146 sq ft

2928 Waters Island And Dock Van Vac Rd, Morse Township, MN 55731

Property at X Waters Is, Morse Township, MN 55731, 4 beds, 4 baths

$1,585,000

4 beds4 baths2,146 sq ft

X Waters Is, Morse Township, MN 55731

Property at 2928 Waters Is & Dock Van Vac Rd, Ely, MN 55731, 6 beds, 4 baths

$2,450,000

6 beds4 baths2,146 sq ft

2928 Waters Is & Dock Van Vac Rd, Ely, MN 55731

Property at XX Sellwood Rd, Fall Lake Township, MN 55731

$2,400,000

Land101.34 acres (lot)

XX Sellwood Rd, Fall Lake Township, MN 55731

Property at TBD Waters Is, Ely, MN 55731

$945,000

Land5.30 acres (lot)

TBD Waters Is, Ely, MN 55731

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ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Lake Vermilion at its finest! This charming, traditional family home on Everett Bay Road offers panoramic views of Big Bay and an incredible lakeshore setting. Rich with character and history, this 4-bedroom, 2-bath home with garage is situated on a level lot with beautiful lake frontage and a sandy swimming area—perfect for enjoying all that Lake Vermilion has to offer. The main level features a welcoming open kitchen and living area with two bedrooms and easy access to the outdoors. Upstairs, a partially open loft provides additional sleeping space and lake views. The walkout lower level includes a spacious recreation room, additional bedroom, and full bathroom with a walk-in shower

$975,000

4 beds2 baths2,206 sq ft

1809 Everett Bay Rd, Tower, MN 55790

Lake frontage • Panoramic views • Sandy swimming area

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Lake Vermilion retreat in a prime Daisy Bay location! This fully furnished year-round home offers nearly 3,000 finished sq ft, 4 bedrooms, 3 baths, and beautiful lake views. The open-concept layout features expansive windows, cozy fireplaces, in-floor heat, and a walkout lower level with additional living space. Enjoy a level lot and shoreline, spacious lakeside deck, extended dock, private sauna house, and oversized 2+ stall garage with room for boats and recreational gear. Located at the end of a quiet dead-end road with excellent privacy and direct access to world-class fishing, boating, and four-season recreation. Whether you're looking for a personal year-round home, seasonal getaway,

$885,000

4 beds3 baths2,998 sq ft

4281 End Of Trail Ln, Tower, MN 55790

Expansive windows • In-floor heat • Walkout lower level

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Stunning Pine Island retreat on legendary Lake Vermilion! Set on 350ft of shoreline, this 5 bed, 3 bath property is designed for year round enjoyment and is perfect for large gatherings and hosting. Home features open concept main level with vaulted ceilings, wood-burning fireplace and large deck with pizza oven. Head to the loft for an elevated lake view or enjoy evening dinners in the screened in porch. Walkout basement with sauna and ample storage space. A lakeside fire pit offers the perfect setting for gathering under the stars and listening to the loons. Newer boathouse and two docks. Conveniently located close to multiple marinas and a short boat ride from Trout Lake portage. With ab

$950,000

5 beds3 baths2,270 sq ft

95822 Pine Is, Tower, MN 55790

Large deck • Lake vermilion • 350ft of shoreline

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Luxurious home on the Seagull River with a classic Northwoods guest cabin, riverside bunkhouse PLUS the workshop people dream of. There is nothing lacking here. A home designed for cooking, entertaining, welcoming guests, creating and restoration. The main floor living space features 10 foot ceilings with windows that welcome in a mile wide view between Gull Lake and the Seagull River. Follow the river or the road to Saganaga Lake, known for record setting walleye fishing. Venture into the Boundary Waters by canoe. Hike, snowmobile or cross country ski the extensive trails. You will never be far away from this comfortable home with in-floor heat, a roaring fireplace, broadband wifi, on-dema

$1,349,900

4 beds3 baths2,880 sq ft

185 & 187 Sag Lake Trl, Grand Marais, MN 55604

Riverside bunkhouse • Massive workshop • In floor heat

NEW CONSTRUCTION3D WALKTHROUGH

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
Lake Saganaga - Rare Opportunity. Long sought-after properties on Sag don’t come along often. This property may be the best location on the lake with its stunning views. It’s a high and prominent point looking up the entire length of Sag Narrows, and the Boundary Waters Wilderness. Due to life changes, this family has decided to let the property go. A new unfinished home is ready for your interior finishes. Perched on a fantastic overlook, the 2 bedroom, 2 bath plan is intending to make full use of the beautiful site. Anderson windows and patio doors look out at the views with a huge wrap-around deck. The layout has a comfortable living room with fireplace with that prime view.

$1,499,000

3 beds2 baths2,601 sq ft

152 Sag Lake Trl, Grand Marais, MN 55604

Floating dock system • Stunning views • New heated garage

3D WALKTHROUGH

ABOUT THIS HOME
Luxury Home for sale in Ely, MN:
OPEN HOUSE: Click link for 3D Virtual Tour. Furnished Lake Vermilion Beachhouse. Level 1.4 Acres W/ 150ft SAND BEACH Paved Circle Drive Set Back Off Paved Road, Beloved Moccasin Point, South Shore Of Lake Vermilion, Just 15 Mi To Town. 2,613 SF, 4 Waterfront BR/3 BA maint-free sided home. Y rnd sauna guest cabin w/ kitchen sleeps 9 & connected by beachfront deck w/ hot tub, 3 st heated garage, great fishing off dock w/ built in live well—fits 4 boats plus jet skis. Two story great rm w/ massive stone firepl, wall of glass open to deck & beach. Main flr BR w/ firepl & glass doors to deck & beach. Oak kitch open to lakeside dining. Main flr laundry. Upstairs, lak

$1,495,000

4 beds3 baths2,613 sq ft

4475 Moccasin Point Rd, Tower, MN 55790

Paved circle drive • Beachfront deck • Hot tub

Property at 7185 Giants Ridge Rd, Embarrass, MN 55732, 2 beds, 2 baths

$884,000

2 beds2 baths2,451 sq ft

7185 Giants Ridge Rd, Embarrass, MN 55732

Property at 9830a Fredrickson Rd, Isabella, MN 55607, 33 beds, 13 baths

$2,700,000

33 beds13 baths46,943 sq ft

9830a Fredrickson Rd, Isabella, MN 55607

Based on information submitted to the MLS GRID as of Tue Oct 06 2026. 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.

Luxury Homes for Sale in Ely

There are currently 14 luxury homes for sale in Ely at a median listing price of $199K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Ely stay on the market for 97 days. This map is refreshed with the newest listings in Ely every 15 minutes.

In the past month, 3 homes have been sold in Ely. In addition to houses in Ely, there were also 0 condos, 1 townhouse, and 3 multi-family units for sale in Ely last month. Find your dream home in Ely using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Ely are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Ely. Our Ely real estate stats and trends will give you more information about home buying and selling trends in Ely. If you're looking to sell your home in the Ely area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Ely with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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