About This Home

This 3-bedroom, 1-bathroom single family at 444 Fernberg Rd #12 in Ely, MN is listed for $229,000 ($227 per sqft). Built in 1968, the home offers 1,008 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1968
  • 0.07 acre lot
  • Waterfront

Property Details

1 story
1 full
#12
1968

Amenities

Waterfront
Listing Description

**4-Season Cabin on Garden Lake - White Iron Chain, Ely, MN** This is a turnkey 4-season cabin ready for your personal enjoyment or rental income, perfectly situated with stunning views of Garden Lake. Enjoy sweeping lake vistas right from the living area - the ideal spot for morning coffee, evening sunsets, or relaxing with friends and family.

Professional maintenance and property management are in place, so the cabin is well cared for year-round whether you're using it or renting it out. Taxes are exceptionally low thanks to the shared shoreline ownership. You'll also enjoy a dedicated dock space plus full access to all resort amenities.

The White Iron Chain of Lakes is famous for outstanding fishing, boating, swimming, and year-round recreation, with convenient access to the Boundary Waters Canoe Area Wilderness (BWCAW). This is true Northwoods living at its best. This is a rare opportunity to own a true rustic cabin in an outstanding location on the White Iron Chain. You must see this unit and experience the gorgeous setting in person. Ely, Minnesota - your gateway to adventure and relaxation. Owner will Contract for Deed/Owner Financing available

Monthly Cost Estimate

$1,225/mo

20% down · 6.5% · 30 years

Principal$166
Interest$992
Insurance$67

Estimates only. Actual payments may vary.

Location

444 Fernberg Rd #12

Ely, MN 55731

Property Details

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 444 Fernberg Rd is listed at $229,000 ($227/sqft). The estimated monthly payment is $1,225 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1968, 0.07 acre lot, Waterfront.

This property is listed by Chad Davis.

CD

Chad Davis

Agent at Canoe Capital Realty LLC

Listed by Canoe Capital Realty LLC · Broker phone: (218) 235-1084 · View on Broker Site · Broker website

MLS# 6128581· Source: Lake Superior Association of REALTORS®· 4 days on PropertySimple

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

444 Fernberg Rd #12, Ely, MN 55731

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