Lot/land

Price cut: $43.7K (5/21)

$231,300

Unit 2 Fernberg Rd, Ely, MN 55731

--beds

--baths

2.2Acres

Unimproved Land

Built in ----

2.2 Acres Lot

$-- Zestimate^®

$--/sqft

$67/mo HOA

What's special

Sunny southern exposureGarden lake lotMixed tree coverageSlightly elevated building site

Garden Lake lot with stunning views. This +-2.2 acre lot is located on the north side of Garden Lake with a sunny southern exposure. There is a large federally owned island out in front of the slightly elevated building site. Mixed tree coverage with some pine along the +-220' of rocky shoreline. The lot has been surveyed and power is on site. The lot is approved for septic and is just waiting for you to start construction of your home or vacation cabin.

226 days

137

4

Facts & features

Property

Features

Has view: Yes
View description: Inland Lake
Has water view: Yes
Water view: Lake
Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky)
Body of water: Garden
Frontage length: 220

Lot

Size: 2.2 Acres
Dimensions: 200 x 280
Features: Accessible Shoreline, Tree Coverage - Medium, High, BWCA Access

Details

Parcel number: 28632000020

Utilities & green energy

Electric: Lake Country Power
Utilities for property: Electricity Available

Community & HOA

HOA

Has HOA: Yes
Services included: Other, Snow Removal
HOA fee: $801 annually

Location

Region: Ely

Financial & listing details

Annual tax amount: $1,026
Date on market: 11/26/2025
Cumulative days on market: 682 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/21/2026	Price change	$231,300-15.9%
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123038 Report a problem
5/21/2025	Listed for sale	$275,000
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113732 Report a problem
2/7/2025	Pending sale	$275,000
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113732 Report a problem
5/17/2024	Listed for sale	$275,000
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113732 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

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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