Fernberg Rd, Ely, MN
$390,000 - Fall Lake
4
Beds
1,400
Square feet
3.80
Acres
About Fernberg Rd
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.
Features of Fernberg Rd
| MLS® # | 6128282 |
|---|---|
| Price | $390,000 |
| Bedrooms | 4 |
| Bathrooms | 0.00 |
| Square Footage | 1,400 |
| Acres | 3.80 |
| Year Built | 1983 |
| Type | Single Family |
| Sub-Type | Multi Family |
| Status | Active |
| Lake Name | Fall Lake |
Community Information
| Address | Fernberg Rd |
|---|---|
| City | Ely |
| County | Lake County |
| State | MN |
| Zip Code | 55731 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | Inland Lake |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
| Basement | None |
Exterior
| Lot Description | Low, Tree Coverage - Medium, Level |
|---|---|
| Construction | Wood |
School Information
| District | Ely #696 |
|---|
Additional Information
| Date Listed | October 1st, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $1 |
| Tax Year | 2026 |
| Office | Bear Island Realty LLC |
Listing Details
| Office | Bear Island Realty LLC |
|---|