Lot/land

Price cut: $60.8K (6/23)

$171,325

Unit 1 Fernberg Rd, Ely, MN 55731

--beds

--baths

2.1Acres

Unimproved Land

Built in ----

2.1 Acres Lot

$-- Zestimate^®

$--/sqft

$67/mo HOA

What's special

This Garden Lake property is one of the few parcels available right now. It has a great location...being just a few minutes from Ely and at the entrance of the Fernberg Road. This +-2.1 acre property features +-245 feet of Garden Lake shoreline with a mix of birch, aspen and pine. Ledge rock outcropping is blended in with the rolling terrain to give beautiful views of Garden Lake and direct water access to the BWCA. This surveyed parcel has two septic-approved sites and a developed road to the property edge. Electric and telephone available. Being on Garden Lake also gives access to Farm lake and White Iron Lake....all three lakes have a great variety of fishing. Plus you are just a few minutes by auto to all the access points of the BWCA on the Fernberg.

249 days

267

17

Facts & features

Property

Parking

Parking features: Gravel, Off Street
Has uncovered spaces: Yes

Features

Has view: Yes
View description: Inland Lake
Has water view: Yes
Water view: Lake
Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Rocky, Undeveloped)
Body of water: Garden
Frontage length: 245

Lot

Size: 2.1 Acres
Dimensions: 200 x 170 and 500 x 100
Features: Accessible Shoreline, Additional Land Available, Irregular Lot, Tree Coverage - Medium, BWCA Access, Rolling Slope

Details

Parcel number: 28632000010

Utilities & green energy

Electric: Lake Country Power
Utilities for property: Electricity Available, Telephone Available

Community & HOA

HOA

Has HOA: Yes
Services included: Other
HOA fee: $801 annually

Location

Region: Ely

Financial & listing details

Annual tax amount: $1,030
Date on market: 11/26/2025
Cumulative days on market: 705 days
Listing terms: Cash,Conventional
Road surface type: Unimproved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/23/2026	Price change	$171,325-26.2%
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123037 Report a problem
5/21/2026	Price change	$232,100+19%
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123037 Report a problem
5/21/2025	Listed for sale	$195,000
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113731 Report a problem
2/7/2025	Pending sale	$195,000
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113731 Report a problem
5/17/2024	Listed for sale	$195,000
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113731 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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