Unit 1 Fernberg Rd, Ely, MN 55731
Property image
Property image
FOR SALE
2.1 ACRES

$171,325

Original price: $232,100

    Unit 1 Fernberg Rd, Ely, MN 55731

    Est. Mortgage $1,223/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    2.1 acre lot
    Open Parking
    HOA $67/mo

    Local Information

    • Map ViewExplore the area around Unit 1 Fernberg Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    This Garden Lake property is one of the few parcels available right now. It has a great location...being just a few minutes from Ely and at the entrance of the Fernberg Road. This +-2.1 acre property features +-245 feet of Garden Lake shoreline with a mix of birch, aspen and pine. Ledge rock outcropping is blended in with the rolling terrain to give beautiful views of Garden Lake and direct water access to the BWCA. This surveyed parcel has two septic-approved sites and a developed road to the property edge. Electric and telephone available. Being on Garden Lake also gives access to Farm lake and White Iron Lake....all three lakes have a great variety of fishing. Plus you are just a few minutes by auto to all the access points of the BWCA on the Fernberg.
    Last check for updates: about 7 hours ago
    Listing courtesy of Chris Eilrich, (218) 343-6169
    Wildwoods Land Company
    Chris Eilrich, (218) 343-6169
    Wildwoods Land Company
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6123037
    Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

    Home Details for Unit 1 Fernberg Rd

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Telephone Available
    Gas & Electric
    Electric: Lake Country Power
    View
    Has a ViewView: Inland Lake

    Exterior Features

    Parking & Garage
    Has Open ParkingParking: Gravel,Off Street
    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Rocky, Undeveloped)Road Frontage: Private RoadResponsible for Road Maintenance: Association Maintained Road, Year RoundRoad Surface Type: UnimprovedOn Waterfront
    Water & Sewer
    Water Body: Garden
    Farm & Range
    Frontage Length: 245

    Days on Market

    Cumulative Days on Market: 691Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 28632000010

    Price & Status

    Price
    List Price: $171,325
    Status Change & Dates
    Possession Timing: Immediate

    Active Status

    MLS Status: ACTIVE

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: Lake Superior #381

    Agent Information

    Listing Agent
    Listing ID: 6123037

    HOA

    HOA Fee Includes: OtherHas an HOAHOA Fee: $801/Annually

    Lot Information

    Lot Area: 2.1 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6123037Water ViewWater View: LakeAttribution Contact: ***

    Around this home

    What Locals Say about Ely

    At least 8 Trulia users voted on each feature.

    • 93 % Say there's wildlife

    • 90 % Say kids play outside

    • 89 % Say car is needed

    • 88 % Say parking is easy

    • 86 % Say it's quiet

    • 83 % Say yards are well-kept

    • 83 % Say it's dog friendly

    • 80 % Say there's holiday spirit

    • 78 % Say people would walk alone at night

    • 77 % Say it's walkable to restaurants

    • 75 % Say there are sidewalks

    • 73 % Say streets are well-lit

    • 72 % Say neighbors are friendly

    • 69 % Say it's walkable to grocery stores

    • 45 % Say there are community events

    • 36 % Say they plan to stay for at least 5 years

    Sourced by Trulia users. Learn more about our methodology.
    • Mavericksells
      "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
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    • Derek H.
      "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
      7
      Flag
    • Jennifer P.
      "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
      0
      Flag
    • Jennifer P.
      "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
      3
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    • Rvhall
      "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
      0
      Flag
    • Lora L.
      "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
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    Market trends in Ely

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    103
    5    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    TBD Circle Dr, Ely, MN
    1.36
    Lot/Land
    $65,000
    07/10/26
    -
    -
    TBD Garden Lake Rd, Ely, MN
    1.14
    Lot/Land
    $370,000
    09/18/26
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    2.14
    Lot/Land
    $52,900
    12/05/25
    -
    -
    2128 and 2136 Sibley Court, Ely, MN
    3.58
    Lot/Land
    $38,900
    10/23/25
    -
    -
    3216 Shady Rest, Ely, MN
    3.56
    Lot/Land
    $315,000
    10/23/25
    -
    -
    2120 Sibley Dr, Ely, MN
    3.63
    Lot/Land
    $39,000
    07/29/26
    -
    -
    2125 Sibley Court, Ely, MN
    3.63
    Lot/Land
    $490,000
    05/27/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    Unit 2 Fernberg Rd, Ely, MN 55731
    0.04
    $231,300
    -
    -
    -
    For Sale
    Unit 4 Fernberg Rd, Ely, MN 55731
    0.07
    -
    -
    -
    -
    Off Market
    Unit 3 Fernberg Rd, Ely, MN 55731
    0.08
    -
    -
    -
    -
    Off Market
    Unit 5 Fernberg Rd, Ely, MN 55731
    0.15
    -
    -
    -
    -
    Off Market
    444 Fernberg Rd, Ely, MN 55731
    0.18
    -
    3
    1
    1,293
    Off Market
    444 Fernberg Rd #6, Ely, MN 55731
    0.18
    $266,300
    2
    1
    870
    Off Market
    444 Fernberg Rd #9, Ely, MN 55731
    0.18
    $265,400
    2
    1
    871
    Off Market
    444 Fernberg Rd #11, Ely, MN 55731
    0.18
    $595,900
    4
    2
    2,330
    For Sale
    TBD Fernberg Rd, Ely, MN 55731
    0.26
    -
    -
    -
    -
    Off Market
    444 Fernberg Rd #8, Ely, MN 55731
    0.25
    $244,400
    2
    1
    871
    Off Market
    444 Fernberg Rd #7, Ely, MN 55731
    0.25
    $271,700
    2
    1
    870
    Off Market

    Price and Tax history

    DateEventPrice
    Jun 23, 2026
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6123037
    		PriceChange
    $171,325
    Price decreased by 26%
    May 21, 2026
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6123037
    		PriceChange
    $232,100
    Price increased by 19%
    May 21, 2025
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6113731
    		PendingToActive
    $195,000
    Feb 7, 2025
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6113731
    		Pending
    $195,000
    May 17, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6113731
    		Listed For Sale
    $195,000

    LGBTQ Local Legal Protections

    Chris Eilrich, Wildwoods Land Company
    Agent Phone: (218) 343-6169
    Based on information submitted to the MLS GRID as of 2026-09-21 01:12:16 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

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    Frequently asked questions about Unit 1 Fernberg Rd

    • How big is Unit 1 Fernberg Rd?
      Unit 1 Fernberg Rd in Ely, MN is about 2.1 acres.
    • What is the price per acre for Unit 1 Fernberg Rd?
      Unit 1 Fernberg Rd in Ely, MN is listed at $171,325, or about $80K per acre.
    • What do residents say about Ely?
      Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See homes for sale in Ely, MN.
    • What are the closest schools to Unit 1 Fernberg Rd?
      The closest schools to Unit 1 Fernberg Rd in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
    Unit 1 Fernberg Rd, Ely, MN 55731 is a lot/land. This property is currently available for sale and was listed by Lake Superior Area Realtors as distributed by MLS GRID on Nov 26, 2025. The MLS # for this home is MLS# 6123037.