1 Pine Road, Ely, MN
$ 4,995,000
Property Attributes
  • ID#6455426
  • TypeLand
  • CountyLAKE
  • CityEly
  • Zip55731
  • Style
  • Price$ 4,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size215.91 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Assemble your estate / resort on this once in a lifetime offering. The crown jewel of Ely Minnesota with stunning, unobstructed views of water and woods. 216 +/- acres of gravel, soil and heavily wooded opportunity. Slow and subtle elevations make the entire property ideal for creative uses. Multiple parcels being sold together: 28631131310 - 28631131340 - 28631131370 - 28631131400 - 28631131590 - 28631131650. See supplements for income producing options and maps.

Price History
11/1/2023 Listed $4,995,000

General Features

Utilities Electricity Connected,Electricity Available
Development Status Raw Land
Topography High Ground,Hilly,Level,Other,Rolling,Sloped,Walkout
Tax Year 2023
Waterfront Features Lake View
County Lake
Property Type Land
HOA / Comm Assn No
Contingency None
Directions Follow MN-33 N,US-53 N and MN-169 N to Pine Rd in Fall Lake Township.
City Ely
Buyer Agent Compensation 2.70
Body of Water White Iron
High School District Lake Superior
Zoning Description Forestry,Lot
Waterfront Y/N No
Street Name Pine
Land Lease Y/N No
Additional Parcels Y/N No
Days on Market 77
Standard Status Active
Restrictions Horses/Livestock Allowed,Right of first Refusal
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Ely

Interior Features

Street Suffix Road
Lake Acres 3237

Exterior Features

Inclusions Other,Topographic Map
Lot Size Area 215.91
Lot Dimensions TBD
Lot Size Units Acres


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 55731

AVG $920K
AVG 162
Data Provided by Inside Real Estate®

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