Sold
Last Sold Price
1 bed256 sqft$355/sqft
1145 Fernberg Rd, Ely, MN 55731
Single FamilyProperty Type
10.5 acresLot Size
2014Year Built
$355/sq ftPrice per sq ft

Description

Great rustic cabin on 10.5 acres at the edge of the Boundary Waters Canoe Area Wilderness! This Fernberg Rd property is perfect for the outdoor enthusiast -- Easily accessible year-round and conveniently located partway between downtown Ely and Snowbank Lake, the true “end of the road”, with Fall, Garden (White Iron chain), Tofte, Ojibway, and Moose lakes along the way. The cozy, one room cabin has been wired for electricity to be powered by a small generator, and connects to a 20lb propane tank...Great rustic cabin on 10.5 acres at the edge of the Boundary Waters Canoe Area Wilderness! This Fernberg Rd property is perfect for the outdoor enthusiast -- Easily accessible year-round and conveniently located partway between downtown Ely and Snowbank Lake, the true “end of the road”, with Fall, Garden (White Iron chain), Tofte, Ojibway, and Moose lakes along the way. The cozy, one room cabin has been wired for electricity to be powered by a small generator, and connects to a 20lb propane tank for the kitchen stove and additional/alternative lighting. Cabin is well insulated to enjoy year round with the wood stove for heat and comes complete with firepit, porta-potty, storage shed and most furnishings included. Continue to use the cabin as is or build your dream home in this beautiful setting -- Driveway is in, powerline is on site, building site cleared, and property backs up to thousands of acres of County/State/Federal land adjoining the BWCAW. Excellent property, a must see!
  • Listed by: Heather Franciskovich 218.235.3895 hfranciskovich@kw.com • Keller Williams Classic Realty NW - Ely
Listing closed: 08/03/2022 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6102504

Recent comparable sales

Median sold price

$135,000

Avg days on market

334

Sale-to-list ratio

88.5%

Ely, MN

9 comparable properties found

$135,000 | 13872 Outback Road, Ely, MN 55731
1/17
1

$135,000

Sold 08/15/25

1
Bedrooms
Unavailable
Bathrooms
486
Square Feet
5.9
Acres
$150,000 | 1152 Fernberg Road, Ely, MN 55731
1/25
2

$150,000

Sold 07/24/26

1
Bedrooms
516
Square Feet
10
Acres
$129,000 | 4194 Nels Lake Road, Ely, MN 55731
1/28
3

$129,000

Sold 11/13/25

1
Bedrooms
Unavailable
Bathrooms
280
Square Feet
11.43
Acres
$135,000 | 2151 Echo Trail, Ely, MN 55731
1/37
4

$135,000

Sold 12/05/25

1
Bedrooms
Unavailable
Bathrooms
480
Square Feet
10
Acres
$110,000 | 3810 Mud Creek Road, Ely, MN 55731
1/40
5

$110,000

Sold 05/06/26

2
Bedrooms
Unavailable
Bathrooms
840
Square Feet
10
Acres
$279,255 | 1776 Grant McMahan Boulevard, Ely, MN 55731
1/50
6

$279,255

Sold 08/18/25

1
Bedrooms
Unavailable
Bathrooms
314
Square Feet
3.4
Acres
$85,000 | Tbd Queen's Bay Road, Ely, MN 55731
1/9
7

$85,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.20
Acres
$135,000 | 4280 Larue Mine Road, Ely, MN 55731
1/27
8

$135,000

Sold 10/18/24

1
Bedrooms
Unavailable
Bathrooms
440
Square Feet
40
Acres
$150,000 | 2510 Leo Lane, Ely, MN 55731
1/19
9

$150,000

Sold 01/03/25

1
Bedrooms
Unavailable
Bathrooms
960
Square Feet
1.5
Acres

Location

Listing Courtesy of Keller Williams Classic Realty NW - Ely

Sold By Bear Island Realty LLC

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$509 per month

30 year fixed, 6.55% Interest

Principal and Interest

$463

Property Taxes

$46

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1145 Fernberg Road

Property Details
  • Taxes: $553 / year
  • MLS Type: Residential / Single Family Detached
  • County: Lake County
  • Architectural Style: Rustic
  • Waterfront YN: No
Building Information
  • Stories: 1
  • Year Built: 2014
  • Lot Size: 10.50 AC / 457,380 SF
Summary
Location and General Information
  • Directions: From downtown Ely, head East on HWY 169. HWY 169 turns into Fernberg Rd. Continue onFernberg to the property on your left. (Approx 3 miles past Fall Lake Rd.) Sign atproperty.
  • Latitude: 48
  • Longitude: -92
  • MLSArea Major: LSAR
Parking
  • Garage Spaces: 0.0
  • Garage Type: None
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 637.64
  • Parcel Number: 28-6311-13565
  • Tax Annual Amount: $552.64
  • Tax Legal Description: SEC 13 TWP63 RGE11 THAT PART OF E 315 FT OF W 915 FT OF W1/2 OF SW1/4 LYING NLY OF C/LOF FERNBERG RD (CSAH18)
  • Tax Year: 2022
Property
Lot Information
  • Above Grade Finished Area: 256.0
  • Below Grade Finished Area: 0.0
  • Living Area: 256.0
  • Lot Size Acres: 10.5
  • Lot Size Dimensions: 1570 x 398 x 1326 x 315
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 16x16
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 85
  • Land Access: ***
  • Property Adjoins Public Land: Yes
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 2014
Utilities
  • Sewer: None
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Board
  • Foundation Details: N/A
  • Roof: Metal
  • Stories Total: 1
Interior Features
  • Basement: None
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 1
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Wood
  • Bath Description: None
  • Main Floor Bedroom: 1
  • Window Features: Vinyl Windows
Room Information
Room 1
  • RoomDescription: Kitchen, Dining, & Living combined
  • RoomLength: 16.0
  • RoomWidth: 16.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2022-05-01
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 1145 Fernberg Road

DateEvent & SourcePriceAppreciation
Aug 3, 2022

Sold

Lake Superior Area REALTORS #6102504

$91,000
Jul 29, 2022

Sold (Public Record)

Public Record #1495569460

$91,000

+2.8% / yr

Jun 27, 2022

Pending

Lake Superior Area REALTORS #6102504

DateEvent & SourcePrice
08/03/2022

Sold

Lake Superior Area REALTORS #6102504

$91,000
07/29/2022

Sold (Public Record)

Public Record #1495569460

$91,000

+2.8% / yr

06/27/2022

Pending

Lake Superior Area REALTORS #6102504

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

Public Records for 1145 Fernberg Road

Taxable ValueLand$74,600Additions$40,800Total$115,400
Tax Record2025$752 ($63 / month)
Home Facts
Beds1Baths1Total Finished SqFt256 SqFtAbove Grade Finished SqFt256 SqFtStories1Lot Size457,380 SqFtStyleMiscellaneous ResidentialYear Built2012Year Renovated2015CountyLAKEAPN28-6311-13565

Schools near 1145 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.

Similar Homes

New listings in 55731

$175,000 | 4704 Highway 169, Ely, MN 55731
1/59

$175,000

1
Bedrooms
Unavailable
Bathrooms
290
Square Feet
8.6
Acres
$175,000 | 4704 Highway 169, Ely, MN 55731
1/41

$175,000

1
Bedrooms
Unavailable
Bathrooms
290
Square Feet
8.6
Acres
$317,000 | 651 Fernberg Road, Ely, MN 55731
1/24

$317,000

2
Bedrooms
Unavailable
Bathrooms
1,282
Square Feet
10
Acres
$230,000 | 429 South 4th Avenue East, Ely, MN 55731
1/62

$230,000

7
Bedrooms
2,600
Square Feet
0.21
Acres
$160,000 | 1211 East Camp Street, Ely, MN 55731
1/60

$160,000

2
Bedrooms
1,064
Square Feet
0.31
Acres
$648,500 | 5005 North N Lake, Ely, MN 55731
1/43
Virtual Tour

$648,500

3
Bedrooms
1,136
Square Feet
12.65
Acres
$749,000 | 2815 Schaeffer Road, Ely, MN 55731
1/37

$749,000

1
Bedrooms
Unavailable
Bathrooms
352
Square Feet
1.3
Acres
$799,000 | 2811 Schaeffer Road, Ely, MN 55731
1/40

$799,000

2
Bedrooms
988
Square Feet
0.44
Acres
$26,000 | 527 East Camp Street, Ely, MN 55731
1/9

$26,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1145 Fernberg Road, Ely, MN 55731
$91,000
1
256
457,380
$59,000
3
2
1,080
457,380
$63,000
435,600
$50,000
435,600
$425,000
2
2,322
852,469
1
512
1,742,400

Explore Nearby Homes

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.

Listing Courtesy of Keller Williams Classic Realty NW - Ely

Based on information submitted to the MLS GRID as of 09/08/2025 06:11 PM. 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.