TBD Fernberg Rd, Ely, MN 55731
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OFF MARKET

TBD Fernberg Rd
Ely, MN 55731

    (on 7 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
    XXX3 Powerhouse Trail Lot 3, Ely, MN
    0.64
    Lot/Land
    $225,000
    09/04/25
    -
    -
    XXX4 Powerhouse Trail Lot 4, Ely, MN
    0.65
    Lot/Land
    $215,000
    09/11/25
    -
    -
    XXX5 Powerhouse Trail Lot 5, Ely, MN
    0.66
    Lot/Land
    $240,000
    08/29/25
    -
    -
    TBD Circle Dr, Ely, MN
    1.62
    Lot/Land
    $65,000
    07/10/26
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    1.88
    Lot/Land
    $52,900
    12/05/25
    -
    -
    2128 and 2136 Sibley Court, Ely, MN
    3.32
    Lot/Land
    $38,900
    10/23/25
    -
    -
    2120 Sibley Dr, Ely, MN
    3.38
    Lot/Land
    $39,000
    07/29/26
    -
    -
    TBD Black Bear Tr, Ely, MN
    3.74
    Lot/Land
    $69,500
    08/18/26
    -
    -
    3216 Shady Rest, Ely, MN
    3.39
    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
    - S Luc Rd, Ely, MN 55731
    0.07
    -
    -
    -
    -
    Off Market
    13775 Luc Rd, Ely, MN 55731
    0.20
    $175,100
    Studio
    -
    368
    Off Market
    TBD Luc Rd, Ely, MN 55731
    0.29
    -
    -
    -
    -
    Off Market
    Unit 1 Fernberg Rd, Ely, MN 55731
    0.26
    $171,325
    -
    -
    -
    For Sale
    Unit 2 Fernberg Rd, Ely, MN 55731
    0.29
    $231,300
    -
    -
    -
    For Sale
    Unit 3 Fernberg Rd, Ely, MN 55731
    0.32
    -
    -
    -
    -
    Off Market
    Unit 4 Fernberg Rd, Ely, MN 55731
    0.32
    -
    -
    -
    -
    Off Market
    Unit 5 Fernberg Rd, Ely, MN 55731
    0.39
    -
    -
    -
    -
    Off Market
    13726 S Luc Rd, Ely, MN 55731
    0.43
    -
    -
    -
    -
    Off Market
    444 Fernberg Rd, Ely, MN 55731
    0.43
    -
    3
    1
    1,293
    Off Market
    444 Fernberg Rd #6, Ely, MN 55731
    0.43
    $262,600
    2
    1
    870
    Off Market

    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

    Property Type
    Lot/Land
    Lot Size
    7 acres

    About this House

    Heavily wooded 7 acre parcel located just a few miles east of Ely off the famous Fernberg Road. Land would be a great place to build a year around home or cabin, or simply have a nice place for camping or a permanent RV, etc. Power is located on the property and an old driveway leads into a possible building site. Great location, nice tree cover, and property was just recently surveyed. Ready to go for your future Ely area plans!
    TBD Fernberg Rd, Ely, MN 55731 is a lot/land. It last sold for $37,000 on Nov 9, 2016 (7% below the $39,900 asking price). It is currently off market.
    Last check for updates: about 12 hours ago
    Listed by Jeff Hway, (218) 349-0906
    Bear Island Land Co., Inc
    Bought with: Wendy S Johnson, (218) 349-7731, Wildwoods Land Company
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6024117

    Home Details for TBD Fernberg Rd

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    View
    Has a ViewView: Typical

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Frontage
    Responsible for Road Maintenance: Private Maintained Road, Year RoundNot on Waterfront

    Days on Market

    Cumulative Days on Market: 77

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: Raw LandParcel Number: 28631120565, 203801

    Price & Status

    Price
    List Price: $39,900
    Status Change & Dates
    Off Market Date: Tue Oct 04 2016

    Active Status

    MLS Status: SOLD

    Location

    Direction & Address
    City: Ely
    School Information
    High School District: Ely #696

    Lot Information

    Lot Area: 7 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6024117

    Price and Tax history

    DateEventPrice
    Oct 31, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6114233
    		Pending
    $79,900
    Oct 7, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6114233
    		Contingent
    $79,900
    Jun 12, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6114233
    		Listed For Sale
    $79,900
    Nov 9, 2016
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6024117
    		Sold
    $37,000

    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

    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
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    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-08-21 05:07:11 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 $37,000 in November 2016.
    • 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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