Active
4 beds1,400 sqft
0 Fernberg Rd, Ely, MN 55731
Est: $2,082/moGet pre-approved
Multi FamilyProperty Type
3.8 acresLot Size
1983Year Built
$279/sq ftPrice per sq ft

Description

Two Cabin North woods Retreat on Shagawa River & Fall Lake Rare opportunity to own 3.8 beautiful acres with an impressive 714 feet of combined Shagawa River and Fall Lake shoreline. Westerly facing and surrounded by the natural beauty of the North woods, this unique property offers two classic cabins, abundant shoreline, and tremendous potential for a private family retreat, or seasonal getaway. The property features two separate 2-bedroom, 1-bath seasonal cabins, each with a comfortable combined...Two Cabin North woods Retreat on Shagawa River & Fall Lake Rare opportunity to own 3.8 beautiful acres with an impressive 714 feet of combined Shagawa River and Fall Lake shoreline. Westerly facing and surrounded by the natural beauty of the North woods, this unique property offers two classic cabins, abundant shoreline, and tremendous potential for a private family retreat, or seasonal getaway. The property features two separate 2-bedroom, 1-bath seasonal cabins, each with a comfortable combined kitchen and living area and a deck at the entrance. Both cabins are being offered furnished, existing dishes, cookware and miscellaneous items, making it easy to start enjoying the property right away. The cabins share a well, while each has its own septic system. Cabin #1 will require a new septic system, providing an opportunity for the next owner to make improvements suited to their plans. A gravel boat landing provides direct access to the river. Although currently grown in with weeds, the landing has historically provided easy boat launching. Additional improvements include a storage/pump house containing the water heater and providing valuable storage space, along with a screened fish cleaning house equipped with a cleaning table, sink, and running water; perfectly suited to the North woods lifestyle. With two cabins, extensive shoreline, western exposure, boat access, and nearly four acres of beautiful North woods property, this is a rare opportunity to create your own lake-and-river retreat with room for family, friends, and recreation. The two cabins were used as rental properties until 2022. Direct access to Fall Lake, a large, classic North woods lake with direct BWCAW wilderness access.
1 day on Market
  • Listed by: Patricia Bulinski 218.349.5595 trishab@citlink.net • Bear Island Realty LLC
Last updated: 10/02/2026 12:22 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6128282

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Listing Courtesy of Bear Island Realty LLC
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Property Information for 0 Fernberg Road

Property Details
  • Taxes: $1 / year
  • MLS Type: Residential Income / Multi Family
  • County: Lake County
  • Waterfront Features: Inland Lake
  • Waterfront YN: Yes
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1983
  • Lot Size: 3.80 AC / 165,528 SF
Summary
Location and General Information
  • Directions: Follow Sheridan N/E to 169 N. Follow past Winton and past the River Crossing to address and sign on the left. Turn left onto driveway and turn right onto the second driveway on the right.
  • Latitude: 48
  • Longitude: -92
  • Range: 11W
  • Road Between Waterfront And Home: No
  • Waterfront Access: Private
  • Waterfrontage Feet: 714
  • MLSArea Major: LSAR
  • Road Frontage Type: Paved Road, State Road
  • Township: Fall Lake
Parking
  • Garage Spaces: 0.0
  • Garage Type: None
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association YN: No
  • Twp Number: 63N
  • Parcel Number: 28-6311-19375 Portion of
  • Tax Annual Amount: $1.00
  • Tax Legal Description: See attached Exhibit "A" Lengthy Legal
  • Tax Year: 2026
Property
Lot Information
  • Above Grade Finished Area: 1400.0
  • Below Grade Finished Area: 0.0
  • Living Area: 1400.0
  • Lot Features: Low, Tree Coverage - Medium, Level
  • Lot Size Acres: 3.8
  • Lot Size Dimensions: Irregular see survey map
  • Basement Square Feet: ***
  • Condo Type: Single
  • Construction Type: Frame/Wood,Poured Concrete
  • Foundation Dimensions: Cabin1 24 x 32/Cabin2 24 x 28
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 85
  • Possession: Close Of Escrow
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Public Survey Section: 19
  • Year Built: 1983
Utilities
  • Sewer: Private Sewer
  • Water Body Name: Fall
  • Water Source: Drilled, Private
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Unit Leased: No
  • Unit Level: 24 x 32
  • Unit Number: Cabin 1
  • Unit Number Of Rooms: 4
  • Unit Square Footage: 768
  • Unit Three Quarter Bathrooms: 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Bedroom 1 10 x 12 Bedroom 2 10 x 12 Living Room 12 x 14 Kitchen 14 x 12 3/4 Bath 8 x 6 Deck 11 x 7
  • Unit Type Type: Unit 1
Unit 2
  • Unit Level: 23 x 28
  • Unit Number: Cabin 2
  • Unit Number Of Rooms: 4
  • Unit Three Quarter Bathrooms: 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Bedroom 10 x 12 Bedroom 2 14 x 12 Kitchen 11 x 12 Living Room 17 x 12 3/4 Bath 8 x 6 Deck 12 x 8
  • Unit Type Type: Unit 2
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Foundation Details: N/A
  • Stories Total: 1
Interior Features
  • Basement: None
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Heating: Electric
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2026-10-01
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No
  • Tenant Pays: None

Property History for 0 Fernberg Road

DateEvent & SourcePriceAppreciation
Oct 1, 2026

Listed (Active)

Lake Superior Area REALTORS #6128282

$390,000—
May 17, 2005

Sold

Lake Superior Area REALTORS #2311654

$218,000—
Mar 22, 2005

Pending

Lake Superior Area REALTORS #2311654

—
DateEvent & SourcePrice
10/01/2026

Listed (Active)

Lake Superior Area REALTORS #6128282

$390,000
05/17/2005

Sold

Lake Superior Area REALTORS #2311654

$218,000
03/22/2005

Pending

Lake Superior Area REALTORS #2311654

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Fernberg Road

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
William Kelley Elementary School
PublicPK to 5

Kelley Secondary
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 Fernberg Road is a multi-family home for sale in Ely, MN 55731. This property was listed for sale on October 1, 2026 by Bear Island Realty LLC, it's currently listed at $390,000. It has been on the market for a total of 1 days and was last sold on May 17, 2005. This listing's school district is Lake Superior Public School Dist.. Nearby schools include William Kelley Elementary School and Kelley Secondary. 0 Fernberg Road is a 4-bed, 2-bath, 1,400 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Bear Island Realty LLC

Based on information submitted to the MLS GRID as of 10/02/2026 12:22 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.