Sold for $425,000 on 08/07/25
$425,000
1063 Fernberg Rd, Ely, MN 55731
2beds
2,322sqft
Single Family Residence
Built in 2006
19.57 Acres Lot
$417,000 Zestimate®
$183/sqft
$2,492 Estimated rent
Home value
$417,000
$396,000 - $438,000
$2,492/mo
Zestimate® history
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Owner options
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What's special
Your Northwoods Escape Awaits – Just 10 Miles from Ely up the Fernberg Road! Looking for peace, privacy, and a whole lot of nature? This stunning one owner 2+BR/2BA rural retreat is nestled on nearly 20 acres of woods and trails, offering the perfect blend of cozy comfort and outdoor adventure. Step inside and fall in love with the open concept living, dining, and kitchen area complete with a thoughtfully designed angled island, ideal for entertaining or weekend pancakes with friends. Gaze out at the gardens and towering trees while sipping coffee in the sunny dining area or lounging in the spacious living room. The primary bedroom offers plenty of closet space, and the walk-out lower level boasts a huge rec room, extra 3/4 bath, storage galore, utility room, and a non-egress bedroom or office for guests or work. Enjoy dining al fresco or simply soaking in the sights and sounds of the three W’s — weather, woods, and wildlife — from your wrap-around deck. Explore the property’s scenic trails year-round: snowshoe, hunt, ATV, birdwatch, or ski right from your doorstep! With in-floor electric heat, a cozy wood stove, a large woodshed, and a backup generator, you’re set for all four seasons in true northern Minnesota style.
Zillow last checked: 8 hours ago
Listing updated: August 07, 2025 at 06:03pm
Listed by:
Andrea Zupancich 218-749-0159,
Z' Up North Realty
Bought with:
Nonmember NONMEMBER
Nonmember Office
Source: Lake Superior Area Realtors,MLS#: 6120661
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 190.4 Square Feet
- Dimensions: 14 x 13.6
Bedroom
- Level: Main
- Area: 134 Square Feet
- Dimensions: 13.4 x 10
Bathroom
- Level: Lower
- Area: 42.4 Square Feet
- Dimensions: 5.3 x 8
Bathroom
- Level: Main
- Area: 84.8 Square Feet
- Dimensions: 8 x 10.6
Dining room
- Level: Main
- Area: 92 Square Feet
- Dimensions: 9.2 x 10
Kitchen
- Description: open floor plan with dining and living combined but measured seperately
- Level: Main
- Area: 120.36 Square Feet
- Dimensions: 11.8 x 10.2
Living room
- Level: Main
- Area: 374 Square Feet
- Dimensions: 22 x 17
Office
- Description: currently used as a bedroom, does not have egress windows
- Level: Lower
- Area: 124.8 Square Feet
- Dimensions: 13 x 9.6
Rec room
- Description: walkout level
- Level: Lower
- Area: 550 Square Feet
- Dimensions: 25 x 22
Utility room
- Level: Lower
- Area: 119.48 Square Feet
- Dimensions: 11.6 x 10.3
Heating
- In Floor Heat, Wood, Electric
Cooling
- None
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Vaulted Ceiling(s)
- Doors: Patio Door
- Windows: Energy Windows
- Basement: Full,Finished,Walkout,Bath,Den/Office,Family/Rec Room,Fireplace,Washer Hook-Ups,Dryer Hook-Ups
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Basement
Interior area
- Total interior livable area: 2,322 sqft
- Finished area above ground: 1,161
- Finished area below ground: 1,161
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Detached, Electrical Service
- Garage spaces: 2
Features
- Has view: Yes
- View description: Panoramic, Typical
Lot
- Size: 19.57 Acres
- Dimensions: 263 x 371
- Features: Many Trees, High, Rolling Slope
- Residential vegetation: Heavily Wooded
Details
- Foundation area: 1161
- Parcel number: 28631114910
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 2006
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2025 | Sold | $425,000+1.4%$183/sqft |
Source: | ||
| 7/17/2025 | Pending sale | $419,000$180/sqft |
Source: | ||
| 7/12/2025 | Listed for sale | $419,000$180/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,715 -17.3% | $351,438 +0.9% |
| 2024 | $2,075 +7.9% | $348,394 -7.2% |
| 2023 | $1,923 +12.6% | $375,580 +69.4% |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.

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