Last Sold Price
435,600 Lot Size10 Acres
tbd Fernberg Rd, Ely, MN 55731

Description

Nicely wooded 10 acre parcel located approx. 8 miles east of Ely out the Fernberg Road! Mature tree cover of all the normal northwoods tree species. Mostly high ground with a small area of low ground in the NE corner and the SW corner, but otherwise all high ground! Property is surveyed, and has an easement for power from the powerline a few hundred feet away on the other side of the Fernberg Road. Property directly adjoins thousands of acres of County, State, and Federal lands to the south all the...Nicely wooded 10 acre parcel located approx. 8 miles east of Ely out the Fernberg Road! Mature tree cover of all the normal northwoods tree species. Mostly high ground with a small area of low ground in the NE corner and the SW corner, but otherwise all high ground! Property is surveyed, and has an easement for power from the powerline a few hundred feet away on the other side of the Fernberg Road. Property directly adjoins thousands of acres of County, State, and Federal lands to the south all the way to the BWCAW approx. 1.25 miles away. Great place for a year around home or up north getaway cabin!
LISTING CLOSED: 11/18/2024 12:00 AM

  1. Listed by Jeff Hway • Bear Island Realty LLC
    P: (218) 349-0906 jeff@bearislandrealty.com
  2. Listed by Zachary Hway • Bear Island Realty LLC
    P: (651) 341-0383 zack@bearislandrealty.com

Property Details for Tbd Fernberg Road

Status
MLS #
6114233
Days on Compass
114
Taxes
$268 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Recreational
Year Built
-
Lot Size
10.00 AC
View
Typical
Waterfront YN
No

Recent comparable sales

Median sold price

$70,000

Avg days on market

336

Sale-to-list ratio

90.1%

Ely, MN

9 comparable properties found

$70,000 | Xxx Fernberg Road, Ely, MN 55731
1/25
1

$70,000

Sold 11/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$65,000 | Tbd Circle Drive, Ely, MN 55731
1/25
2

$65,000

Sold 07/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.3
Acres
$85,000 | Tbd Queen's Bay Road, Ely, MN 55731
1/9
3

$85,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.20
Acres
$62,000 | Tbd Tbd Souja Road, Ely, MN 55731
1/39
4

$62,000

Sold 12/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.43
Acres
$52,000 | Tbd Canadian Border Road, Ely, MN 55731
1/2
5

$52,000

Sold 09/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.35
Acres
$675,000 | 14641 Canadian Border Road, Ely, MN 55731
1/25
6

$675,000

Sold 02/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,800
Square Feet
21
Acres
$51,000 | Tbd Moose Creek Trail, Ely, MN 55731
1/26
7

$51,000

Sold 12/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20
Acres
$105,000 | Tbd Lindbeck Road, Ely, MN 55731
1/45
8

$105,000

Sold 06/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9
Acres
$108,000 | Tbd Kawishiwi Trail, Ely, MN 55731
1/22
9

$108,000

Sold 10/28/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
33
Acres

Location

Listing Courtesy of Bear Island Realty LLC

Sold By Bear Island Realty LLC

Add your commute

Building Information for Tbd Fernberg Road

Lot Size10.00 AC

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$404 per month

30 year fixed, 6.55% Interest

Principal and Interest

$381

Property Taxes

$22

HOA Dues

$0

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Property Information for Tbd Fernberg Road

Summary
Location and General Information
  • Directions: From Ely, go east on Hwy. 169 which turns into County Road 18 (Fernberg Road). Parcel is approximately 8.5 miles east of Ely on the south side of the Fernberg Road.
  • Latitude: 48
  • Longitude: -92
  • Range: 11
  • MLSArea Major: LSAR
  • Road Frontage Type: Paved Road, County Road
  • Road Responsibility: Public Maintained Road
  • Township: Fall Lake township (Lake County)
  • Zoning Description: Residential-Rec Business
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association YN: No
  • Twp Number: 63
  • Parcel Number: 28-6311-13625
  • Tax Annual Amount: $268.00
  • Tax Legal Description: That part od W 566ft. of W 1/2 of SW 1/4 lying southerly of the centerline.... see attached deed.
  • Tax Year: 2024
Property
Lot Information
  • Lot Features: Many Trees
  • Lot Size Acres: 10.0
  • Lot Size Dimensions: 700 x 567
Property and Assessments
  • Development Status: Raw Land
  • Available Development Units: ***
  • Improvements: Survey Stakes
  • Land Access: ***
  • Land Improvements: 0
  • Property Adjoins Public Land: Yes
  • Possession: Immediate
  • Property Sub Type: Recreational
  • Property Type: Land
  • Public Survey Section: 13
Utilities
  • On Site Utilities: None
  • Utilities: Electricity Available
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2024-06-12
  • 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 Tbd Fernberg Road

DateEvent & SourcePriceAppreciation
Nov 18, 2024

Sold

Lake Superior Area REALTORS #6114233

$75,000
Oct 4, 2024

Pending

Lake Superior Area REALTORS #6114233

Jun 12, 2024

Listed (Active)

Lake Superior Area REALTORS #6114233

$79,900
DateEvent & SourcePrice
11/18/2024

Sold

Lake Superior Area REALTORS #6114233

$75,000
10/04/2024

Pending

Lake Superior Area REALTORS #6114233

06/12/2024

Listed (Active)

Lake Superior Area REALTORS #6114233

$79,900

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

Schools near Tbd 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: Tbd Fernberg Road, Ely, MN 55731
$75,000
435,600
$56,000
1,742,400
1
720
2,186,712
2
2
1,226
87,120
2.5
1,620
1,401,325
$370,000
4
1.75
960
253,955

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 Bear Island Realty LLC

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.