NOT LISTED FOR SALE

14108 Fall Lake Rd Ely, MN 55731

Estimated Value: $345,546 - $532,000

2 Beds
2 Baths
3,274 Sq Ft
$129/Sq Ft Est. Value

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.

Range of Values:

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Value Increase
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Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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

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

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2025

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    161 Total Sales

    Jeff Hway
    Section Image

  • Z

    Seller Co-Listing Agent in 2025

    Zachary Hway

    Bear Island Realty LLC

    (651) 341-0383

    69 Total Sales

    Zachary Hway
    Section Image
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Map

Minnesota Lake County Ely 55731

14108 Fall Lake Rd, Ely, MN

Not Listed for Sale

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