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Waterfront Land with Lake Access
For Sale
$171,325

1 Fernberg Road, Ely, MN 55731

Surveyed parcel offers septic-approved sites, utility availability, and a developed road to the property edge.

Property SizeContact for details
Days on Market322

Property Features for 1 Fernberg Road

General Information

Standard status Active
Property subtype Land / Recreational

Taxes and HOA fees

Annual Taxes $1,030
Listing Agency: Wildwoods Land Company
Listed By: Chris Eilrich · License #40199284
Source: Compass
Added: Oct 15, 2025 Changed: Aug 31 Last Checked: Aug 31 at 1:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wildwoods Land Company

Investment Insights

Based on property information with market context.

This surveyed waterfront parcel encompasses approximately 2.1 acres along Garden Lake, with about 245 feet of shoreline. The terrain combines rolling contours, exposed ledge rock, and birch, aspen, and pine vegetation, with lake views and direct water access to the BWCA. Two septic-approved sites are identified on the property, while a developed road reaches the parcel edge. Electric and telephone service are available.

The property is near Ely and positioned at the entrance to Fernberg Road, providing access to area BWCA entry points. Garden Lake also connects with Farm Lake and White Iron Lake, creating access to three lakes known for varied fishing opportunities.

Key Highlights

  • Approximately +-2.1 acres of waterfront land on Garden Lake
  • Approximately +-245 feet of Garden Lake shoreline
  • Direct water access to the BWCA

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Plumbing Service Building Supply Kitchen & Bath Showroom Auto Repair Shop Auto Parts Store Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 55731, MN

5,494
Population
4,954
Households
1.1
Avg Household Size
54
Median Age
41%
College-Educated
94%
High-School Grad
1,606.7 sq mi
ZIP Area
3
Density / Sq Mi
$62,900
Median Household Income
$31,840
Median Earnings
$641
Median Rent
$202,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Surveyed parcel offers septic-approved sites, utility availability, and a developed road to the property edge.
Where is this waterfront land located?
The property is located at 1 Fernberg Road Ely, MN.
What is the asking price?
The asking price for this property is $171,325.
What are key features of this property?
This property features: Approximately +-2.1 acres of waterfront land on Garden Lake; Approximately +-245 feet of Garden Lake shoreline; Direct water access to the BWCA
More about this property
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