000 Fernberg Rd, Ely, MN

Name: 000 Fernberg Rd, For Sale in Ely - Zoocasa
Brand: Bear Island Realty LLC
SKU: 6128282
Price: 390000 USD

House

For Sale

Listed price in listed location currency (USD).

$390,000

420

MLS® 6128282

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 1400 sqft

Garage

Taxes $1

Days Active 1

Lot Size 3.8 Acres

Approx. Age 1983

Avg. Price Per Sqft $278

MLS® Number 6128282

Property Address: 000 Fernberg Rd, Ely, MN, 55731

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number6128282

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1983

BasementNone

Driveway

Garage Spaces

HeatElectric

A/C

Extras

Map

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