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

$75,000

Last sold price

    TBD Fernberg Rd, Ely, MN 55731

    Currently Off Market - Sold Nov 18, 2024 for $75,000

    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
    1.05
    Lot/Land
    $65,000
    07/10/26
    -
    -
    XXX3 Powerhouse Trail Lot 3, Ely, MN
    2.26
    Lot/Land
    $225,000
    09/04/25
    -
    -
    XXX4 Powerhouse Trail Lot 4, Ely, MN
    2.31
    Lot/Land
    $215,000
    09/11/25
    -
    -
    TBD Black Bear Tr, Ely, MN
    3.73
    Lot/Land
    $69,500
    08/18/26
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    3.82
    Lot/Land
    $52,900
    12/05/25
    -
    -
    3216 Shady Rest, Ely, MN
    4.36
    Lot/Land
    $315,000
    10/23/25
    -
    -

    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
    13858 Outback Rd, Ely, MN 55731
    0.22
    $140,400
    1
    -
    650
    Off Market
    xxx Outback Rd, Ely, MN 55731
    0.26
    -
    -
    -
    -
    Off Market
    TBD Outback Rd, Ely, MN 55731
    0.47
    -
    -
    -
    -
    Off Market
    13872 Outback Rd, Ely, MN 55731
    0.48
    $137,400
    1
    -
    486
    Off Market
    651 Fernberg Rd, Ely, MN 55731
    0.49
    $317,000
    2
    -
    1,282
    For Sale
    xxxxx Fernberg Rd, Ely, MN 55731
    0.54
    $171,000
    1
    -
    570
    Off Market
    xxx Fernberg Rd, Ely, MN 55731
    0.57
    $158,700
    1
    -
    320
    Off Market
    14057 Fall Lake, Ely, MN 55731
    0.88
    $244,200
    2
    -
    457
    Off Market
    TBD Queen's Bay Rd, Ely, MN 55731
    0.87
    -
    -
    -
    -
    Off Market
    TBD Queen's Bay Rd, Ely, MN 55731
    0.93
    -
    -
    -
    -
    Off Market
    13848 Queen's Bay Rd, Ely, MN 55731
    0.97
    $295,000
    2
    -
    400
    For Sale

    Local Information

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

    Home Highlights

    Lot/Land
    10 acre lot

    About this House

    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!
    TBD Fernberg Rd, Ely, MN 55731 is a lot/land. It last sold for $75,000 on Nov 18, 2024 (6% below the $79,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,002/month.
    Last check for updates: about 6 hours ago
    Listed by Jeff Hway, (218) 349-0906
    Bear Island Realty LLC
    Zachary Hway, (651) 341-0383
    Bear Island Realty LLC
    Bought with: Kate Davies, (218) 343-9173, Bear Island Realty LLC
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6114233

    Home Details for TBD Fernberg Rd

    Interior Features

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

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Frontage
    Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront

    Days on Market

    Cumulative Days on Market: 114

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 28631113625

    Price & Status

    Price
    List Price: $79,900
    Status Change & Dates
    Off Market Date: Fri Oct 04 2024Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

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

    HOA

    No HOA

    Lot Information

    Lot Area: 10 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6114233Attribution Contact: ***

    Price and Tax history

    DateEventPrice
    Nov 18, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6114233
    		Sold
    $75,000
    Dec 18, 2015
    Source: Agent Provided
    		ListingRemoved
    $79,500
    Nov 14, 2015
    Source: Agent Provided
    		Listed For Sale
    $79,500
    Feb 6, 2015
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2264383
    		Sold
    $50,000
    Jan 9, 2015
    Source: Agent Provided
    		PriceChange
    $65,000
    Price decreased by 18%

    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

    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
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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
      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 2026-09-03 13:02:55 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 TBD Fernberg Rd

    • What is the price history for TBD Fernberg Rd?
      TBD Fernberg Rd in Ely, MN last sold for $75,000 in November 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 TBD Fernberg Rd?
      The closest schools to TBD Fernberg Rd in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).

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