First time on the market and offered furnished! Enjoy 99 feet of Burntside Lake shoreline with an elevated setting, spectacular big-water views, and beautiful sunsets. This well-maintained 26 x 38 seasonal cabin was built in 2001 by Tholen Construction and features 2x6 construction, insulation, energy trusses, Marvin windows, steel siding and roof, ductless A/C, gas fireplace, and electric baseboard heat. The inviting interior includes a 12 x 17 kitchen/dining area with lake views, 12 x 19 living room with a million-dollar view, two spacious 12 x 14 bedrooms, ¾ bath, and main-floor laundry with Asko washer and dryer. Enjoy the lake from the 24 x 6 lakeside deck leading to a 30 x 12 open deck—perfect for relaxing and entertaining. Property also includes a 9 x 18 boathouse with electricity, a dock, grandfathered in for replacement, plus an 8 x 14 vintage Finnish sauna with wood-fired Kuuma stove and change room. The 36 x 20 garage/shop offers a 12 x 16 office, finished upper loft, insulated concrete floor, heat, and abundant storage or hobby space. A Burntside Lake water system with submersible pump provides unlimited soft water for bathing and laundry. A St Louis County permitted 2,000-gallon seasonal holding tank serves the needs it was designed for. A special Burntside Lake property with incredible views, excellent amenities, and the classic Northwoods lifestyle! 12 minutes from Ely and you are in a different world of your choosing! The property next door is listed and would be a great investment opportunity with more of the same great views.
For sale
$799,000
2811 Schaeffer Rd, Ely, MN 55731
2beds
988sqft
Single Family Residence
Built in 2001
0.44 Acres Lot
$747,500 Zestimate®
$809/sqft
$-- HOA
What's special
Gas fireplaceSpectacular big-water viewsEnergy trussesElectric baseboard heatMarvin windowsBeautiful sunsetsSteel siding and roof
- 17 days
- 584
- 24
Zillow last checked:
Listing updated:
Listed by:
Jerry Fink 218-343-1318,
Canoe Capital Realty, LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6127578
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Ample Closets
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Bedroom
- Description: Bedroom with incorporated top of the line Asko stackable washer and dryer
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Bathroom
- Description: 3/4 Bath
- Level: Main
- Area: 63 Square Feet
- Dimensions: 7 x 9
Deck
- Description: Beautiful ,elevated lakeside deck with million dollar view of Burntside's big water and sunsets.
- Level: Main
- Area: 360 Square Feet
- Dimensions: 12 x 30
Deck
- Description: Wrap around covered deck leading to the main deck.
- Level: Main
- Area: 144 Square Feet
- Dimensions: 6 x 24
Dining room
- Description: Combined with Kitchen
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12 x 17
Kitchen
- Description: Kitchen Combined with Dining Room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 12 x 20
Living room
- Description: Expansive elevated Burntside Lake Views, sunsets, big water with islands
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12 x 19
Heating
- Baseboard, Fireplace(s), Propane, Electric
Appliances
- Included: Water Heater-Electric, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
Features
- Natural Woodwork, Sauna
- Windows: See Remarks, Wood Frames
- Basement: Posts,N/A
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total interior livable area: 988 sqft
- Finished area above ground: 988
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Gravel, Detached, Electrical Service, Heat, Insulation
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Inland Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private)
- Body of water: Burntside
- Frontage length: 99
Lot
- Size: 0.44 Acres
- Dimensions: 197 x 99
- Features: Accessible Shoreline, Tree Coverage - Medium, High, Level
Details
- Additional structures: Boat House, Sauna, Workshop, Other, Studio
- Foundation area: 988
- Parcel number: 465008000030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Steel Siding, Frame/Wood
- Roof: Metal
Condition
- Previously Owned
- Year built: 2001
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Holding Tank
- Water: Private
- Utilities for property: Fiber Optic
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $809/sqft
- Tax assessed value: $385,500
- Annual tax amount: $3,581
- Date on market: 8/25/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional
- Road surface type: Unimproved
Estimated market value
$747,500
$710,000 - $785,000
$1,626/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $799,000$809/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6127578 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,218 +11.1% | $385,500 +4.2% |
| 2023 | $2,896 +7.3% | $369,900 +18.9% |
| 2022 | $2,700 +0.7% | $311,200 +15.9% |
| 2021 | $2,682 | $268,600 |
| 2020 | $2,682 | $268,600 |
| 2019 | $2,682 +6.2% | $268,600 +1.9% |
| 2018 | $2,526 -0.9% | $263,700 |
| 2017 | $2,548 +0.9% | $263,700 |
| 2016 | $2,526 -0.9% | $263,700 +2.7% |
| 2015 | $2,550 -0.9% | $256,800 +2.6% |
| 2014 | $2,572 +1.6% | $250,300 |
| 2013 | $2,531 -6.8% | $250,300 -11.1% |
| 2012 | $2,715 +17.7% | $281,500 -3.7% |
| 2011 | $2,307 -5.6% | $292,400 -5% |
| 2010 | $2,444 | $307,700 |
| 2009 | $2,444 +7.5% | $307,700 +14.7% |
| 2008 | $2,274 -1.6% | $268,200 +6% |
| 2007 | $2,312 +46.8% | $252,900 +15% |
| 2006 | $1,575 +6.6% | $219,900 +32.2% |
| 2004 | $1,478 +23.4% | $166,300 +19.4% |
| 2003 | $1,198 +421.2% | $139,300 +118.3% |
| 2002 | $230 -76.3% | $63,800 +10% |
| 2001 | $969 +2.9% | $58,000 +8.4% |
| 2000 | $942 | $53,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55731
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