Last Sold Price
100,187 Lot Size2.30 Acres
4 Fernberg Rd, Ely, MN 55731

Description

South facing lot on Garden Lake just 5 minutes from Ely. Garden Lake is part of a larger chain of lakes which also includes direct access to the BWCA. This lot has +-205' of shoreline and +-2.3 acres covered with Birch, Maple, Aspen and a few Pine trees. The lake is easily accessible from the building site which offers great views. The property is surveyed with the boundary lines cleared and flagged. Power is on site and the lot has been approved for septic. Close to public boat access, hiking trails...South facing lot on Garden Lake just 5 minutes from Ely. Garden Lake is part of a larger chain of lakes which also includes direct access to the BWCA. This lot has +-205' of shoreline and +-2.3 acres covered with Birch, Maple, Aspen and a few Pine trees. The lake is easily accessible from the building site which offers great views. The property is surveyed with the boundary lines cleared and flagged. Power is on site and the lot has been approved for septic. Close to public boat access, hiking trails and numerous other outdoor activities.
LISTING CLOSED: 10/30/2024 12:00 AM

  1. Listed by Chris Eilrich • Wildwoods Land Company
    P: (218) 343-6169 chris@elywildwoods.com
  2. Listed by Don Stocks • Wildwoods Land Company
    P: (218) 340-1353 don@elywildwoods.com

Property Details for 4 Fernberg Road

Status
MLS #
6113734
Days on Compass
122
Taxes
$980 / year
HOA Fees
$801 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential
Year Built
-
Lot Size
2.30 AC
View
Inland Lake
Waterfront Features
Inland Lake
Waterfront YN
Yes

Recent comparable sales

Median sold price

$240,000

Avg days on market

164

Sale-to-list ratio

89.6%

Ely, MN

9 comparable properties found

$260,000 | 429 Barrell Road, Ely, MN 55731
1/15
1

$260,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.3
Acres
$240,000 | Xxx1 Xxx1 Powerhouse Trail, Ely, MN 55731
1/13
2

$240,000

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.2
Acres
$225,000 | Xxx3 Xxx3 Powerhouse Trail, Ely, MN 55731
1/12
3

$225,000

Sold 09/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.3
Acres
$240,000 | Xxx5 Xxx5 Powerhouse Trail, Ely, MN 55731
1/12
4

$240,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.4
Acres
$315,000 | Xxx7 Xxx7 Powerhouse Trail, Ely, MN 55731
1/11
5

$315,000

Sold 01/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.9
Acres
$246,000 | 5 Fernberg Road, Ely, MN 55731
1/12
6

$246,000

Sold 08/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.4
Acres
$212,000 | Xxx8 Xxx8 Powerhouse Trail, Ely, MN 55731
1/13
7

$212,000

Sold 01/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.1
Acres
$215,000 | Xxx4 Xxx4 Powerhouse Trail, Ely, MN 55731
1/15
8

$215,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.6
Acres
$72,500 | Xxx Shady Lane, Ely, MN 55731
1/13
9

$72,500

Sold 10/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
21.84
Acres

Location

Listing Courtesy of Wildwoods Land Company

Sold By Bear Island Realty LLC

Add your commute

Building Information for 4 Fernberg Road

Building Size-Lot Size2.30 AC

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$1,394 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,245

Property Taxes

$82

HOA Dues

$67

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Property Information for 4 Fernberg Road

Summary
Location and General Information
  • Directions: From Ely....head out to the Fernberg Road....first driveway on your right after crossing Garden Lake Bridge. Signs on property.
  • Latitude: 48
  • Longitude: -92
  • Range: 11W
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Rocky
  • Waterfront Access: Private
  • Waterfrontage Feet: 205
  • MLSArea Major: LSAR
  • Road Frontage Type: Private Road
  • Road Responsibility: Association Maintained Road
  • Township: Fall Lake township (Lake County)
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association Fee: $801.00
  • Association Fee Frequency: Yearly
  • Association Fee Includes: Other, Snow Removal
  • Association YN: Yes
  • Twp Number: 63N
  • Parcel Number: 28-6320-00040
  • Tax Annual Amount: $980.00
  • Tax Legal Description: Unit 4, Garden Lake CIC #23, G.L. 2, Section 20, T63N, R11W, Lake County
  • Tax Year: 2024
Property
Lot Information
  • Lot Features: Accessible Shoreline, Many Trees, High, BWCA Access
  • Lot Size Acres: 2.3
  • Lot Size Dimensions: 200 x 455
Property and Assessments
  • Development Status: Raw Land
  • Available Development Units: ***
  • Improvements: Survey Stakes
  • Land Access: ***
  • Land Improvements: 0
  • Possession: Immediate
  • Property Sub Type: Residential
  • Property Type: Land
  • Public Survey Section: 20
Utilities
  • Utilities: Electricity Available
  • Water Body Name: Garden
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2024-05-17
  • 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 4 Fernberg Road

DateEvent & SourcePriceAppreciation
Oct 30, 2024

Sold

Lake Superior Area REALTORS #6113734

$245,000
Sep 16, 2024

Pending

Lake Superior Area REALTORS #6113734

May 17, 2024

Listed (Active)

Lake Superior Area REALTORS #6113734

$260,000
DateEvent & SourcePrice
10/30/2024

Sold

Lake Superior Area REALTORS #6113734

$245,000
09/16/2024

Pending

Lake Superior Area REALTORS #6113734

05/17/2024

Listed (Active)

Lake Superior Area REALTORS #6113734

$260,000

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

Schools near 4 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4 Fernberg Road, Ely, MN 55731
$245,000
100,187
$295,000
2
1.5
1,912
91,476
$295,000
91,476
$246,000
104,544
$279,900
3
1,293
3,049
$279,900
3
1,162
3,049

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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 Wildwoods Land Company

Based on information submitted to the MLS GRID as of 09/09/2025 03:44 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.