$359,000

14108 Fall Lake Rd Ely, MN 55731

Estimated payment $2,126/month

Total Views 8,598
2 Beds
2 Baths
3,274 Sq Ft
$110 Price per Sq Ft

Highlights

  • Recreation Room
  • No HOA
  • 4 Car Attached Garage
  • Ranch Style House
  • Lower Floor Utility Room
  • Living Room

About This Home

Large country home located approx. 6 miles east of Ely on the Fall Lake Road, and very near the Fall Lake public landing and campground, providing easy access to Fall Lake and the BWCAW! This property has approx. 3.2 acres, and directly adjoins thousands of acres of state and federal lands. The home has over 3000 square feet of living space and is one level over a full finished basement. There is also a second building (56'x16') that previously served as a store and bait shop serving the nearby landing and campground, and it also has a 2 bedroom, 1 bath apartment on the second floor that is currently rented. Back to the house: the main floor has a huge living room, large kitchen/dining room combo, 2 nice bedrooms, and a full bath. The lower level has a large rec room with a 2nd kitchen, a 3/4 bath, 2 nice bonus rooms, and a large storage room. Walkout door to the backyard. There are 2 covered porches on the home: 1 facing the front and the other facing the gorgeous peaceful woods! Also, a carport that attaches the house to the 4 car capacity garage. Brand new 4 bedroom septic system in 2024. This is a great property with lots of exciting options for the future.

Listing Agent

Jeff Hway

Bear Island Realty LLC Listed on: 09/29/2025

Co-Listing Agent

Zachary Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,936

Lot Details

  • 3.2 Acre Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • Gas Fireplace
  • Living Room
  • Recreation Room
  • Bonus Room
  • Lower Floor Utility Room
  • Storage Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Drilled Well
  • Mound Septic
  • Private Sewer

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 28-6311-15325, 28-6311-15330, and 28-6311-15317

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,936

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, go aprox 6 miles east on Highway 169, (which becomes the Fernberg Road), turn left and go aprox 1 mile to property on the right. Shown by appointment only.
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Attached
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1637
  • Below Grade Finished Sq Ft: 1637
  • Garage Type: Attached
  • Heat: Baseboard, Fireplace, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Primary Bedroom
  • TotalBedrooms: 2
  • Year Built: 19
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Walkout, Bath, Family/Rec Room, Kitchen, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Rec Room
  • Stories: 1 Story
  • Room 6: Bonus Room
  • Room 7: Bonus Room
  • Room 8: Storage Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3274
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 36 x 24

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 610' x 300' (irregular)
  • Estimated Number of Acres: 3.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 28-6311-15325, 28-6311-15330, and 28-6311-15317

Tax Info

  • Tax Amount: 2936

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,758 $267,100 $56,900 $210,200
2024 $1,116 $258,700 $45,000 $213,700
2023 $1,026 $272,600 $45,000 $227,600
2022 $1,448 $226,900 $45,000 $181,900
2021 $1,425 $167,000 $40,800 $126,200
2020 $1,579 $155,200 $39,900 $115,300
2019 $158 $157,600 $42,300 $115,300
2018 $1,608 $167,200 $42,300 $124,900
2017 $2,148 $169,100 $42,400 $126,700
2016 $2,123 $231,700 $48,300 $183,400
2015 $2,183 $234,300 $48,700 $185,600
2014 $2,183 $0 $0 $0
2013 $1,716 $0 $0 $0
2012 $2,043 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Price Changed $359,000 -5.3% $110 / Sq Ft
09/29/2025 09/29/25 For Sale $379,000 -- $116 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6122166

APN: 28-6311-15325