The time period designates properties situated inside the Ely, Minnesota, area which might be out there for buy, sale, or lease. This consists of residential houses, cabins, land parcels, industrial buildings, and different funding alternatives located in or close to town and its surrounding areas inside St. Louis County.
Buying properties on this space provides entry to the Boundary Waters Canoe Space Wilderness and the broader Superior Nationwide Forest. The native economic system is influenced by tourism and out of doors recreation, with values probably impacted by proximity to pure sights. Traditionally, the realm’s improvement has been formed by mining, logging, and evolving leisure makes use of.