Your Northwoods Story Begins at 2815 Schaeffer Road, Burntside Lake, Ely, Mn. Some places simply hold you. This vintage seasonal cabin on beautiful Burntside Lake is one of them - a quiet, charmed escape where towering pines frame big water views and every sunset feels hand-painted. Step inside to rustic warmth and lake light. Step outside to the full-size deck, where morning coffee lingers a little longer and the sauna - Finnish, woodfired, and lake-adjacent - turns evenings into ritual. A roll-out aluminum dock invites you closer, a soft sand beach invites you in, and the clear Burntside water does the rest. The expansive lot gives room to breathe, dream, and imagine. And a newer 22×24 garage with finished loft stretches the possibilities - guest quarters, lakeside studio, or your own creative hideaway. Perched minutes from Ely and the Boundary Waters Canoe Area Wilderness, this cabin is both retreat and opportunity: a seasonal sanctuary, an adventurer’s basecamp, and a rare slice of paradise on one of Minnesota’s most beloved lakes. Embrace the magic. Own the getaway. 2815 Schaeffer Road, Beautiful Burntside Lake, Ely, Minnesota.
For sale
$749,000
2815 Schaeffer Rd, Ely, MN 55731
1beds
0baths
352sqft
Single Family Residence
Built in 1900
1.3 Acres Lot
$719,500 Zestimate®
$2,128/sqft
$-- HOA
What's special
Vintage seasonal cabinBeautiful burntside lakeRoll-out aluminum dockClear burntside waterSoft sand beachExpansive lotFull-size deck
- 17 days
- 636
- 20
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#: 6127579
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Kitchen
- Description: Open kitchen and dining area
- Level: Main
- Area: 128 Square Feet
- Dimensions: 8 x 16
Living room
- Description: Vintage cabin with bluff views of Burntside Lake and Sunsets
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14 x 16
Heating
- Wood, Electric
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 352 sqft
- Finished area above ground: 352
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Multiple, Apartment, Electrical Service, Heat
- Garage spaces: 2
Features
- On waterfront: Yes
- Waterfront features: Inland Lake, Waterfront Access(Private)
- Body of water: Burntside
- Frontage length: 200
Lot
- Size: 1.3 Acres
- Dimensions: 200 x 300
Details
- Foundation area: 352
- Parcel number: 465008000040
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Rustic
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
Condition
- Previously Owned
- Year built: 1900
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Outhouse
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $2,128/sqft
- Tax assessed value: $382,900
- Annual tax amount: $4,158
- Date on market: 8/25/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional
Estimated market value
$719,500
$684,000 - $755,000
$1,186/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $749,000$2,128/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6127579 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,426 +7.7% | $382,900 +5.3% |
| 2023 | $3,180 +4.6% | $363,700 +18.1% |
| 2022 | $3,040 +2.6% | $307,900 +17.3% |
| 2021 | $2,962 | $262,600 |
| 2020 | $2,962 | $262,600 |
| 2019 | $2,962 +0.9% | $262,600 +0% |
| 2018 | $2,936 -0.2% | $262,500 |
| 2017 | $2,942 +0.2% | $262,500 |
| 2016 | $2,936 -0.5% | $262,500 -3.9% |
| 2015 | $2,952 -2.6% | $273,200 -1.3% |
| 2014 | $3,030 -3.5% | $276,800 |
| 2013 | $3,141 -9.9% | $276,800 -14.5% |
| 2012 | $3,487 +10.4% | $323,600 |
| 2011 | $3,159 +5.2% | $323,600 -2% |
| 2010 | $3,004 | $330,200 |
| 2009 | $3,004 +36.3% | $330,200 +43.7% |
| 2008 | $2,203 +5% | $229,800 +15% |
| 2007 | $2,099 +13.9% | $199,800 +15% |
| 2006 | $1,844 -5.2% | $173,700 +32.3% |
| 2004 | $1,944 +10.2% | $131,300 +12% |
| 2003 | $1,764 +13.1% | $117,200 +10% |
| 2002 | $1,560 -11.2% | $106,500 +8.5% |
| 2001 | $1,757 +5.1% | $98,200 +8.5% |
| 2000 | $1,672 | $90,500 |
Find assessor info on the county website
Monthly payment
Est. payment
