1530 N 20th Ave E, Ely, MN 55731

Rustic Charm Meets Opportunity on 10 (yes, ten!) City Lots Explore this rare find nestled between Miners Lake and Shagawa Lake—a vintage 2+ Bedroom, 1 Bath home brimming with character, ripe for renovation. The sprawling property spans 10 city lots, offering flexibility for gardens, RV storage, potential expansion—or just a generous buffer from neighbors. This home is located on a corner lot on a dead end street. The value-packed parcel includes: A brand-new, 30x40 insulated garage workshop – perfect for crafts, hobbies, business use or even a retreat space. A second 30x40 insulated 2 plus stall garage, complete with a wood stove and work space, storage and benches—ideal for four-season projects. A two-car garage, in need of TLC—ready to be revived or reimagined. This is more than a dwelling—it’s potential: for multi-use living, creative enterprise, or just “up-north” living in beautiful Ely, home to the Boundary Waters Canoe Area, Superior National Forest, state parks and hundreds of lakes. Priced at $199,500, it’s an especially compelling opportunity in Ely’s eclectic real-estate landscape.