000 Fernberg Rd, Ely, MN 55731
000 Fernberg Rd, Ely, MN 55731
000 Fernberg Rd, Ely, MN 55731
000 Fernberg Rd, Ely, MN 55731
000 Fernberg Rd, Ely, MN 55731
000 Fernberg Rd, Ely, MN 55731
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Listed by Patricia Bulinski Bear Island Realty LLC
$ 390,000
Est. payment | /mo

4 Beds

2 Baths

1,400 SqFt


Save
$ 390,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $278

MLS Listing ID LSA6128282

Bedrooms 4

HOA Y/N No

Year Built 1983

Annual Tax Amount $1

Tax Year 2026

Lot Size 3.800 Acres

Acres 3.8

Lot Dimensions Irregular see survey map

Property Sub-Type Multi Family

Source lsar

Property Description

Two Cabin North woods Retreat on Shagawa River & Fall Lake Rare opportunity to own 3.8 beautiful acres with an impressive 714 feet of combined Shagawa River and Fall Lake shoreline. Westerly facing and surrounded by the natural beauty of the North woods, this unique property offers two classic cabins, abundant shoreline, and tremendous potential for a private family retreat, or seasonal getaway. The property features two separate 2-bedroom, 1-bath seasonal cabins, each with a comfortable combined kitchen and living area and a deck at the entrance. Both cabins are being offered furnished, existing dishes, cookware and miscellaneous items, making it easy to start enjoying the property right away. The cabins share a well, while each has its own septic system. Cabin #1 will require a new septic system, providing an opportunity for the next owner to make improvements suited to their plans. A gravel boat landing provides direct access to the river. Although currently grown in with weeds, the landing has historically provided easy boat launching. Additional improvements include a storage/pump house containing the water heater and providing valuable storage space, along with a screened fish cleaning house equipped with a cleaning table, sink, and running water; perfectly suited to the North woods lifestyle. With two cabins, extensive shoreline, western exposure, boat access, and nearly four acres of beautiful North woods property, this is a rare opportunity to create your own lake-and-river retreat with room for family, friends, and recreation. The two cabins were used as rental properties until 2022. Direct access to Fall Lake, a large, classic North woods lake with direct BWCAW wilderness access.

Location

State MN

County Lake County

Area Lsar

Direction Follow Sheridan N/E to 169 N. Follow past Winton and past the River Crossing to address and sign on the left. Turn left onto driveway and turn right onto the second driveway on the right.

Body of Water Fall

Rooms

Basement None

Interior

Heating Electric

Exterior

Waterfront Description Inland Lake

View Y/N No

Garage No

Building

Lot Description Low, Tree Coverage - Medium, Level

Story 1

Sewer Private Sewer

Water Private, Drilled

Structure Type Wood

Schools

High Schools Ely #696

School District Ely #696

Nearby Locations

GET MORE INFORMATION

Anthony Jennings
Anthony Jennings

Broker-Owner Lic# 44683-90

+1(715) 209-6841

707 Main St W, Ashland, WI 54806

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000 Fernberg Rd