Unit 4 Fernberg Rd, Ely, MN 55731
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OFF MARKET

Unit 4 Fernberg Rd
Ely, MN 55731

    (on 2.30 acres)

    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
    Unit 5 Fernberg Rd, Ely, MN
    0.08
    Lot/Land
    $246,000
    08/15/25
    -
    -
    XXX5 Powerhouse Trail Lot 5, Ely, MN
    0.77
    Lot/Land
    $240,000
    08/29/25
    -
    -
    XXX4 Powerhouse Trail Lot 4, Ely, MN
    0.75
    Lot/Land
    $215,000
    09/11/25
    -
    -
    XXX3 Powerhouse Trail Lot 3, Ely, MN
    0.71
    Lot/Land
    $225,000
    09/04/25
    -
    -
    TBD Circle Dr, Ely, MN
    1.31
    Lot/Land
    $65,000
    07/10/26
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    2.20
    Lot/Land
    $52,900
    12/05/25
    -
    -
    3216 Shady Rest, Ely, MN
    3.58
    Lot/Land
    $315,000
    10/23/25
    -
    -
    2128 and 2136 Sibley Court, Ely, MN
    3.64
    Lot/Land
    $38,900
    10/23/25
    -
    -
    2125 Sibley Court, Ely, MN
    3.69
    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 3 Fernberg Rd, Ely, MN 55731
    0.02
    -
    -
    -
    -
    Off Market
    Unit 2 Fernberg Rd, Ely, MN 55731
    0.03
    $231,300
    -
    -
    -
    For Sale
    Unit 5 Fernberg Rd, Ely, MN 55731
    0.08
    -
    -
    -
    -
    Off Market
    Unit 1 Fernberg Rd, Ely, MN 55731
    0.07
    $171,325
    -
    -
    -
    For Sale
    444 Fernberg Rd, Ely, MN 55731
    0.11
    -
    3
    1
    1,293
    Off Market
    444 Fernberg Rd #6, Ely, MN 55731
    0.11
    $265,500
    2
    1
    870
    Off Market
    444 Fernberg Rd #9, Ely, MN 55731
    0.11
    $266,200
    2
    1
    871
    Off Market
    444 Fernberg Rd #11, Ely, MN 55731
    0.11
    $595,900
    4
    2
    2,330
    For Sale
    444 Fernberg Rd #8, Ely, MN 55731
    0.18
    $242,900
    2
    1
    871
    Off Market
    444 Fernberg Rd #7, Ely, MN 55731
    0.18
    $269,600
    2
    1
    870
    Off Market
    TBD Fernberg Rd, Ely, MN 55731
    0.32
    -
    -
    -
    -
    Off Market

    Local Information

    • Map ViewExplore the area around Unit 4 Fernberg Rd.
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    2.3 acres
    HOA
    $67/Monthly

    About this House

    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.
    Unit 4 Fernberg Rd, Ely, MN 55731 is a lot/land. It last sold for $245,000 on Oct 30, 2024 (6% below the $260,000 asking price). It is currently off market.

    Home Details for Unit 4 Fernberg Rd

    Interior Features

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

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    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: 205

    Days on Market

    Cumulative Days on Market: 122

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 28632000040

    Price & Status

    Price
    List Price: $260,000
    Status Change & Dates
    Off Market Date: Mon Sep 16 2024Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

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

    HOA

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

    Lot Information

    Lot Area: 2.3 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6113734Water ViewWater View: LakeAttribution Contact: ***
    Last check for updates: about 7 hours ago
    Listed by Chris Eilrich, (218) 343-6169
    Wildwoods Land Company
    Don Stocks, (218) 340-1353
    Wildwoods Land Company
    Bought with: Anna Yahnke, (218) 235-3547, Bear Island Realty LLC
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6113734

    Price and Tax history

    DateEventPrice
    Oct 30, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6113734
    		Sold
    $245,000
    Sep 16, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6113734
    		Pending
    $260,000
    May 17, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6113734
    		Listed For Sale
    $260,000

    Market trends in Ely

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    98
    2    MoM
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    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 . "
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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. "
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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."
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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."
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    Homes for sale near Unit 4 Fernberg Rd

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    Off Market Homes Near Unit 4 Fernberg Rd

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    Frequently asked questions about Unit 4 Fernberg Rd

    • What is the price history for Unit 4 Fernberg Rd?
      Unit 4 Fernberg Rd in Ely, MN last sold for $245,000 in October 2024.
    • Is Ely a buyer's or seller's market?
      Ely is currently a buyer's market, based on recent for-sale activity.
    • 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 recently sold homes in Ely, MN.
    • What are the closest schools to Unit 4 Fernberg Rd?
      The closest schools to Unit 4 Fernberg Rd in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
    Based on information submitted to the MLS GRID as of 2026-08-13 11:12:36 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