Cheap homes for sale & real estate in St. Louis County, MN

Cheap Home for sale in St. Louis County, MN:

Secluded Elbow Lake Lot – Deep Water & Towering Red Pines Heavily wooded with mature red pines rising over 100 feet tall, this Elbow Lake lot offers a classic Northwoods setting with a solid, buildable footprint. The terrain is dry and elevated, providing excellent potential for a cabin site with natural drainage and sweeping views through the trees. The shoreline drops quickly — reaching approximately 49 feet deep just 30 feet from shore — offering clean, deep water ideal for docking, swimming, and excellent fishing access right off your frontage. Access is by boat in the open-water season and snowmobile in winter, ensuring privacy and a true up-north experience.

Cheap Home for sale in St. Louis County, MN:

5-Acre Parcel - Build Ready with Fiber & Private Lake Access Located minutes from Ely on year round maintained roads, this 5 acre parcel features a cleared building site, driveway, private well, power, a three bedroom septic system, and high-speed fiber optic internet. Over $100,000 in essential infrastructure is already complete. A twelve by twelve heated pump house keeps all water systems operational in any season. The property includes deeded access to 300 acre Mitchell Lake, a private water body with no public launch, bordering over 1000 acres of public land for direct access to hunting, hiking, and snowshoeing near the Boundary Waters. Included in the sale is a 30 foot camper con

Cheap Home for sale in St. Louis County, MN:

Don’t miss this rare chance to own an exclusive slice of Northwoods Heaven offering opportunities at both ruffed and spruce grouse, whitetails and black bears—increasing populations of moose also live here. The 160-acre property features an impressive array of mature timber, exceptional wildlife habitat and annual income thanks to a 50-year Sustainable Forest Initiative Act (SFIA) contract that earns over $3,300 in 2026. The active woodland management plan—specifically written for this property—allows for annual selective timber harvest to create strategic trail systems, habitat improvement and more. Three specific acres were left out of the SFIA program to accommoda

Cheap Home for sale in St. Louis County, MN:

A great opportunity for 40 acres of land for hunting or any other recreational use. Lots of mature trees and existing trails for ATVs or hunting. Also, easy access with no dirt roads to navigate. Plus, it is only 5 miles from a quick round of golf at Wolf Ridge if that suits you.