Fernberg Rd #2, Ely, MN 55731
FOR SALE
2.2 ACRES

Fernberg Rd #2
Ely, MN 55731

    $275,000

    Est. Mortgage $1,744/mo*
    Get Pre-Qualified

    $275,000

    Est. Mortgage $1,744/mo*
    Get Pre-Qualified
    (on 2.20 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Garden Lake lot with stunning views. This +-2.2 acre lot is located on the north side of Garden Lake with a sunny southern exposure. There is a large federally owned island out in front of the slightly elevated building site. Mixed tree coverage with some pine along the +-220' of rocky shoreline. The lot has been surveyed and power is on site. The lot is approved for septic and is just waiting for you to start construction of your home or vacation cabin.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    $67/Monthly
    Price/Sqft
    No Info
    Listed
    162 days ago

    Home Details for Fernberg Rd #2

    Interior Features

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

    Exterior Features

    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky)Road Frontage: Private RoadResponsible for Road Maintenance: Association Maintained RoadOn Waterfront
    Water & Sewer
    Water Body: Garden
    Farm & Range
    Frontage Length: 220

    Days on Market

    Cumulative Days on Market: 574Days on Market: 162

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 28632000020

    Price & Status

    Price
    List Price: $275,000
    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: 6123038

    HOA

    HOA Fee Includes: Other, Snow RemovalHas an HOAHOA Fee: $801/Annually

    Lot Information

    Lot Area: 2.2 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6123038Water ViewWater View: LakeAttribution Contact: ***
    Last check for updates: about 2 hours ago
    Listing courtesy of Chris Eilrich, (218) 343-6169
    Wildwoods Land Company
    Don Stocks, (218) 340-1353
    Wildwoods Land Company
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6123038
    Also Listed on Lake Superior Area Realtors as distributed by MLS GRID.

    Price History for Fernberg Rd #2

    DatePriceEventSource
    05/21/2025$275,000PendingToActiveLake Superior Area Realtors as distributed by MLS GRID #6113732
    02/07/2025$275,000PendingLake Superior Area Realtors as distributed by MLS GRID #6113732
    05/17/2024$275,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6113732

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    Comparable Sales for Fernberg Rd #2

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Fernberg Rd #5, Ely, MN
    0.11
    Lot/Land
    $246,000
    08/15/25
    -
    -
    Xxx1 Powerhouse Trl #1, Ely, MN
    0.61
    Lot/Land
    $240,000
    07/11/25
    -
    -
    Xxx2 Powerhouse Trl #2, Ely, MN
    0.66
    Lot/Land
    $200,000
    07/11/25
    -
    -
    Xxx4 Powerhouse Trl #4, Ely, MN
    0.72
    Lot/Land
    $215,000
    09/11/25
    -
    -
    Xxx5 Powerhouse Trl #5, Ely, MN
    0.75
    Lot/Land
    $240,000
    08/29/25
    -
    -
    Xxx3 Powerhouse Trl #3, Ely, MN
    0.69
    Lot/Land
    $225,000
    09/04/25
    -
    -
    Tbd Black Bear Trl, Ely, MN
    2.10
    Lot/Land
    $39,000
    07/15/25
    -
    -
    Lot 5 Truman Ln, Ely, MN
    2.17
    Lot/Land
    $52,900
    12/05/25
    -
    -
    Lots 2&3 Truman Ln, Ely, MN
    2.18
    Lot/Land
    $65,000
    05/23/25
    -
    -

    Assigned Schools

    These are the assigned schools for Fernberg Rd #2.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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 it's walkable to grocery stores

    • 75 % Say there are sidewalks

    • 73 % Say streets are well-lit

    • 72 % Say neighbors are friendly

    • 45 % Say there are community events

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

    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
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    • 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
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    • 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
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    • 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."
      0
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    LGBTQ Local Legal Protections

    Chris Eilrich, Wildwoods Land Company
    Agent Phone: (218) 343-6169
    Based on information submitted to the MLS GRID as of 2026-05-07 15:07:21 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
    Fernberg Rd #2, 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# 6123038.