Sold
Last Sold Price
104,544 Lot Size2.4 Acres
5 Fernberg Rd, Ely, MN 55731
LandProperty Type
2.4 acresLot Size
$801/yrHOA Fees

Description

This large +-2.4 acre lot on the North side of Garden Lake gently slopes down to the +-210 feet of shoreline and beautiful views of Garden lake. Main driveway is in to the property edge. The lot has been surveyed and power is on site. The lot is approved for septic. Garden Lake is a 653 acre lake, 55 ft deep & part of the White Iron Chain; a continuous waterway extending through Silver Rapids into Farm, South Farm & White Iron Lakes & Kawishiwi River directly into the BWCA, offering exceptional family...This large +-2.4 acre lot on the North side of Garden Lake gently slopes down to the +-210 feet of shoreline and beautiful views of Garden lake. Main driveway is in to the property edge. The lot has been surveyed and power is on site. The lot is approved for septic. Garden Lake is a 653 acre lake, 55 ft deep & part of the White Iron Chain; a continuous waterway extending through Silver Rapids into Farm, South Farm & White Iron Lakes & Kawishiwi River directly into the BWCA, offering exceptional family recreation, motor boating, paddling, & fishing. Property offers prime features for building your cabin or home: building site with high ground, beautiful trees & gradual elevation to the water. Electricity at road. Ideal location, close to Ely, yet out in the wilderness.
  • Listed by: Don Stocks 218.340.1353 don@elywildwoods.com • Wildwoods Land Company
  • Listed by: Chris Eilrich 218.343.6169 chris@elywildwoods.com • Wildwoods Land Company
Listing closed: 08/15/2025 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6113735

Recent comparable sales

Median sold price

$240,000

Avg days on market

150

Sale-to-list ratio

87.9%

Ely, MN

9 comparable properties found

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$200,000 | Xxx2 Xxx2 Powerhouse Trail, Ely, MN 55731
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$245,000 | 4 Fernberg Road, Ely, MN 55731
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$225,000 | Xxx3 Xxx3 Powerhouse Trail, Ely, MN 55731
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$240,000 | Xxx5 Xxx5 Powerhouse Trail, Ely, MN 55731
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Location

Listing Courtesy of Wildwoods Land Company

Sold By Bear Island Realty LLC

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Property Information for 5 Fernberg Road

Property Details
  • Taxes: $1,066 / year
  • MLS Type: Land / Recreational
  • County: Lake County
  • View: Inland Lake
  • Waterfront Features: Inland Lake
  • Waterfront YN: Yes
Building Information
  • Lot Size: 2.40 AC
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: 11
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Gravel,Rocky,Undeveloped
  • Waterfront Access: Private
  • Waterfrontage Feet: 210
  • MLSArea Major: LSAR
  • Road Frontage Type: Unpaved, Private Road
  • Road Responsibility: Association Maintained Road, Year Round
  • Township: Fall Lake township (Lake County)
Parking
  • Parking Features: Gravel, Off Street
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association Fee: $801.00
  • Association Fee Frequency: Yearly
  • Association Fee Includes: Other
  • Association YN: Yes
  • Twp Number: 63
  • Parcel Number: 28-6320-00050
  • Tax Annual Amount: $1,066.00
  • Tax Legal Description: Unit 5, Garden Lake CIC #23, G.L. 2, Section 20, T63N, R11W, Lake County
  • Tax Year: 2025
Property
Lot Information
  • Lot Features: Accessible Shoreline, Additional Land Available, Irregular Lot, Many Trees, BWCA Access, Rolling Slope
  • Lot Size Acres: 2.4
  • Lot Size Dimensions: 515 x 205
Property and Assessments
  • Development Status: Raw Land
  • Available Development Units: ***
  • Land Access: ***
  • Land Improvements: 0
  • Possession: Immediate
  • Property Sub Type: Recreational
  • Property Type: Land
  • Public Survey Section: 20
Utilities
  • Utilities: Electricity Available, Telephone 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 5 Fernberg Road

DateEvent & SourcePriceAppreciation
Aug 15, 2025

Sold

Lake Superior Area REALTORS #6113735

$246,000
Jul 2, 2025

Pending

Lake Superior Area REALTORS #6113735

May 17, 2024

Listed (Active)

Lake Superior Area REALTORS #6113735

$245,000
DateEvent & SourcePrice
08/15/2025

Sold

Lake Superior Area REALTORS #6113735

$246,000
07/02/2025

Pending

Lake Superior Area REALTORS #6113735

05/17/2024

Listed (Active)

Lake Superior Area REALTORS #6113735

$245,000

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

Schools near 5 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: 5 Fernberg Road, Ely, MN 55731
$246,000
104,544
$295,000
91,476
$245,000
100,187
$295,000
2
1.5
1,912
91,476
$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.