# 2331 Old Highway 169, Ely, MN 55731

> **TL;DR:** single family, $459,000, built 1989. Est. $2,455/mo. Listed 428 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $459,000 |
| Year Built | 1989 |
| Lot Size | 500,940 sqft (11.50 acres) |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 428 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,321 |
| Estimated Insurance | $134 |
| **Total** | **$2,455** |

## Property Highlights

- Built in 1989
- 11.50 acre lot

## Description

### Agent Description
OPEN HOUSE: Click link for 3D Virtual Tour. Here's Your Opportunity to Live & Work Up North In Ely! Boat Storage/Rental/Servicing Business with BOOKS THAT EASILY SUPPORT THE ASKING PRICE, PASSIVE INCOME & EXCELLENT GROWTH OPPORTUNITIES! Set on paved road with 11.5 acres and visibility from the corner of Highway 169 & Grant McMahan, just 5 mi s of Ely. 1B/1B yr rnd house w/screen porch potential to be 2nd BR. 4920SF storage bldg w/17ft high dbl door on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & indoor storage for 14 boats. 50 + boats stored outside, room for more & potential to construct addl storage bldg. Most storage is repeat contract for 6-7 months & includes retrieval from lake, motor winterization, storage & spring launch. Addl services such as tune ups & rigging as needed. Currently 128 boats shrink wrapped on or off site, including commercial multi-boat clients. Business includes 2 pontoon rentals. New septic 2021. 145 ft drilled well. Starlink internet. Turnkey opportunity to own your own business in Ely! Call today! Property available without business for $379,000.

## Location

- **Address:** 2331 Old Highway 169, Ely, MN 55731
- **County:** St. Louis
- **Coordinates:** 47.89341192, -91.92558782
- **Google Maps:** https://www.google.com/maps?q=47.89341192,-91.92558782

## Listing Agent

- **Name:** Lisa Janisch
- **Brokerage:** Janisch Realty
- **Phone:** (218) 780-6644
- **Broker Phone:** (218) 780-6644
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2331-Old-Highway-169_Ely_MN_55731_M85427-07184?f=listhub&s=RMLSMN&m=6753576&c=propsimple)

## Photos

![2331 Old Highway 169 - Photo 1](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f806999105r.jpg)

![2331 Old Highway 169 - Photo 2](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f621701318r.jpg)

![2331 Old Highway 169 - Photo 3](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f1195969534r.jpg)

![2331 Old Highway 169 - Photo 4](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f3524969213r.jpg)

![2331 Old Highway 169 - Photo 5](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f240521332r.jpg)

![2331 Old Highway 169 - Photo 6](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f975906699r.jpg)

![2331 Old Highway 169 - Photo 7](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f1628634401r.jpg)

![2331 Old Highway 169 - Photo 8](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f760937780r.jpg)

![2331 Old Highway 169 - Photo 9](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f2564248322r.jpg)

![2331 Old Highway 169 - Photo 10](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f1596385263r.jpg)

![2331 Old Highway 169 - Photo 11](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f1282976303r.jpg)

![2331 Old Highway 169 - Photo 12](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f4071399972r.jpg)

![2331 Old Highway 169 - Photo 13](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f1602179394r.jpg)

![2331 Old Highway 169 - Photo 14](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f3425502254r.jpg)

![2331 Old Highway 169 - Photo 15](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f3618573158r.jpg)

![2331 Old Highway 169 - Photo 16](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f1331007965r.jpg)

![2331 Old Highway 169 - Photo 17](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f3649666217r.jpg)

![2331 Old Highway 169 - Photo 18](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f3739503064r.jpg)

![2331 Old Highway 169 - Photo 19](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f743362268r.jpg)

![2331 Old Highway 169 - Photo 20](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f2323111037r.jpg)

![2331 Old Highway 169 - Photo 21](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f153855158r.jpg)

![2331 Old Highway 169 - Photo 22](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f2018481290r.jpg)

![2331 Old Highway 169 - Photo 23](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f2196482539r.jpg)

![2331 Old Highway 169 - Photo 24](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f1989171865r.jpg)

![2331 Old Highway 169 - Photo 25](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f4290990777r.jpg)

![2331 Old Highway 169 - Photo 26](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f3625944878r.jpg)

![2331 Old Highway 169 - Photo 27](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f2288639835r.jpg)

![2331 Old Highway 169 - Photo 28](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f2154185605r.jpg)

![2331 Old Highway 169 - Photo 29](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f466352007r.jpg)

![2331 Old Highway 169 - Photo 30](http://lh.rdcpix.com/e2985c9badcac18acf4753be3d43fd5al-f2929635095r.jpg)

---

**MLS#:** 6753576 | **Updated:** 2026-08-28
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2331-old-highway-169-ely-mn-55731-6753576)

---

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