xxxxx Fernberg Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$162,500

Trulia Estimate
  • 1 Bed
  • 570 sqft (on 10.01 acres)

xxxxx Fernberg Rd, Ely, MN 55731

Est. Refi. Payment $1,104/mo*
Refinance Your Home
Currently Off Market - Sold Sep 8, 2020 for $97,500

Home Value

Trulia Estimate
$163K
Since last month
Decreased$9K (-5%)
Since last year
Decreased$17K (-9.4%)
Since last sale
Increased$65K (+66.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -2% in the last 10 years
MonthEstimated value
2026
September 2026$163K
August 2026$171K
July 2026$177K
June 2026$187K
May 2026$171K
April 2026$190K
March 2026$184K
February 2026$175K
January 2026$180K
2025

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
631 Circle Dr, Ely, MN
0.71
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
1152 Fernberg Rd, Ely, MN
2.38
Single-Family Home
$150,000
07/24/26
1
1
516
14108 Fall Lake Rd, Ely, MN
0.92
Single-Family Home
$359,000
05/29/26
2
2
3,274
386 Garden Lake Rd, Ely, MN
1.80
Single-Family Home
$419,000
12/08/25
3
2
2,281
632 Voyageur Rd, Ely, MN
2.05
Single-Family Home
$475,000
08/28/26
2
1
1,335
540 Loop Rd, Ely, MN
2.18
Single-Family Home
$710,000
02/06/26
3
2
3,160
13464 Chestnut Dr, Ely, MN
2.76
Single-Family Home
$210,000
07/27/26
2
1
1,215
13462 Villa Rd, Ely, MN
2.67
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
13359 Villa Rd, Ely, MN
2.92
Single-Family Home
$475,000
08/24/26
3
1.5
1,248

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
xxx Fernberg Rd, Ely, MN 55731
0.10
$170,800
1
-
320
Off Market
651 Fernberg Rd, Ely, MN 55731
0.07
$297,000
2
-
1,282
For Sale
14057 Fall Lake, Ely, MN 55731
0.42
$271,000
2
-
457
Off Market
13858 Outback Rd, Ely, MN 55731
0.39
$136,900
1
-
650
Off Market
xxx Outback Rd, Ely, MN 55731
0.40
-
-
-
-
Off Market
13872 Outback Rd, Ely, MN 55731
0.46
$136,600
1
-
486
Off Market
TBD Outback Rd, Ely, MN 55731
0.47
-
-
-
-
Off Market
TBD Fernberg Rd, Ely, MN 55731
0.54
-
-
-
-
Off Market
TBD Circle Dr, Ely, MN 55731
0.62
$65,000
-
-
-
Recently Sold
13848 Queen's Bay Rd, Ely, MN 55731
0.63
$295,000
2
-
400
For Sale
xxxx Circle Dr, Ely, MN 55731
0.67
-
-
-
-
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 2018
10.01 acre lot
570 sqft
$285/sqft

About this House

Located on 10 acres of North Woods Forest. Custom designed 20 x 20 cabin built on a 6” insulated slab with an arctic entry. 12 x 12 deck for added enjoyment of your surroundings. Built with south facing roof (for solar) tucked into the cedars this great cabin has that up north woods feel & can be easily added onto. This property is five miles from Ely on the Fernberg Trail. Property has been surveyed, approved for septic and has access to power. This 570 sq.ft. cabin feels larger than it is!!!
xxxxx Fernberg Rd, Ely, MN 55731 is a 1 bedroom, 570 sqft single-family home built in 2018. It last sold for $97,500 on Sep 8, 2020 (11% below the $109,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $162,500, with a rent estimate of $1,232/month.
Last check for updates: about 4 hours ago
Listed by Lori Schulze, (218) 343-1787
Wildwoods Land Company
Bought with: Jim Burke, (218) 235-8619, Bear Island Land Co., Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6090636

Home Details for xxxxx Fernberg Rd

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Deck, Entry Hall, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 1
Dimensions and Layout
Living Area: 570 Square FeetFoundation Area: 400
Heating & Cooling
Heating: WoodHas HeatingHeating Fuel: Wood
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Free StandingHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Panoramic

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckVegetation: Heavily Wooded
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,None
Frontage
Road Frontage: County Road, Private RoadResponsible for Road Maintenance: Association Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Outhouse
Finished Area
Finished Area (above surface): 570 Square Feet

Days on Market

Cumulative Days on Market: 65

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Composition, Frame/WoodIs a New Construction
Property Information
Condition: Under ConstructionParcel Number: 28631121040

Price & Status

Price
List Price: $109,000
Status Change & Dates
Off Market Date: Sat Aug 08 2020

Active Status

MLS Status: SOLD

Location

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

Lot Information

Lot Area: 10.01 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 6090636Above Grade Unfinished Area: 570

Price and Tax history

DateEventPrice
Sep 8, 2020
Source: Lake Superior Area Realtors as distributed by MLS GRID #6090636
Sold
$97,500

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
5MoM

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. "
    0
    Flag
  • 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
    Flag
  • 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."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-27 10:07:09 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

Frequently asked questions about xxxxx Fernberg Rd

  • What is xxxxx Fernberg Rd estimated to be worth?
    Trulia's estimated value for xxxxx Fernberg Rd in Ely, MN is $162,500.
  • What is the price history for xxxxx Fernberg Rd?
    xxxxx Fernberg Rd in Ely, MN last sold for $97,500 in September 2020.
  • 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.
  • How big is the lot at xxxxx Fernberg Rd?
    The lot at xxxxx Fernberg Rd in Ely, MN is about 10 acres.
  • Does xxxxx Fernberg Rd have parking?
    Yes, xxxxx Fernberg Rd in Ely, MN has on-site parking.

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