$749,000

2815 Schaeffer Rd Ely, MN 55731

Ely Area

Estimated payment $4,456/month

1 Bed
-- Bath
352 Sq Ft
$2,128 Price per Sq Ft

Highlights

  • Private Waterfront
  • Living Room
  • 1-Story Property
  • Detached Garage
  • Wood Siding

About This Home

Your Northwoods Story Begins at 2815 Schaeffer Road, Burntside Lake, Ely, Mn. Some places simply hold you. This vintage seasonal cabin on beautiful Burntside Lake is one of them - a quiet, charmed escape where towering pines frame big water views and every sunset feels hand-painted. Step inside to rustic warmth and lake light. Step outside to the full-size deck, where morning coffee lingers a little longer and the sauna - Finnish, woodfired, and lake-adjacent - turns evenings into ritual. A roll-out aluminum dock invites you closer, a soft sand beach invites you in, and the clear Burntside water does the rest. The expansive lot gives room to breathe, dream, and imagine. And a newer 22×24 garage with finished loft stretches the possibilities - guest quarters, lakeside studio, or your own creative hideaway. Perched minutes from Ely and the Boundary Waters Canoe Area Wilderness, this cabin is both retreat and opportunity: a seasonal sanctuary, an adventurer’s basecamp, and a rare slice of paradise on one of Minnesota’s most beloved lakes. Embrace the magic. Own the getaway. 2815 Schaeffer Road, Beautiful Burntside Lake, Ely, Minnesota.

Listing Agent

Jerry Fink

Canoe Capital Realty, LLC Brokerage Phone: License #MN 20587769 Listed on: 08/24/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 1900

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 200 x 300
  • Private Waterfront

Parking

  • Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1 Bedroom
  • 352 Sq Ft Home
  • 1-Story Property
  • Living Room

Additional Features

  • Outhouse
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 465-0080-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,158

Year Built

Built in 1900

Lot Details

1.3 Acres

Parking

2

Listing Details

  • Directions: From Ely west on Highway 169 to Grant McMahon (St Louis County 88) 3 Miles to left on Schaeffer Road to property
  • Tax Year: 2026
  • Year Built: 1900
  • Property Sub Type: Seasonal
  • Property Type: Residential
  • LotSizeAcres: 1.3
  • Lot Size: 200 x 300
  • Water Body Name: Burntside
  • Co List Office Mls Id: LSA30218
  • Above Grade Finished Sq Ft: 352
  • Living Area: 352
  • RoomType: Kitchen
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • RoomType: Living Room
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Stories: 1

Exterior Features

  • Construction Type: Wood
  • Foundation Details: N/A
  • LSA_WaterfrontAccess: Private

Garage/Parking

  • LSA_GarageType: Detached,Multiple

Utilities

  • Sewer: Outhouse
  • Water Source: Private

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 465-0080-00040
  • Land Lease Expiration Date: 2027-08-24

Tax Info

  • Tax Annual Amount: 4158

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/24/2026 08/24/26 For Sale $749,000 -- $2,128 / Sq Ft
Source: Lake Superior Area REALTORS®

About the Listing Agent

Jerry Fink

Canoe Capital Realty, LLC

(218) 658-5812

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Born and raised in Ely, and spending his entire life here, no one knows the Ely Area better. Jerry and his wife Linda are the parents of three grown boys and Nine Grandchildren.
Coming from a musical background, Jerry founded the Ely Klown Band in 1991, a non-profit community spirited marching band formed to raise money for needy children and to favorably represent Ely, Minnesota throughout the Northland. In September 2010, Jerry was inducted into the MId-America Hall of Fame along with

Jerry's Other Listings

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    First time on the market and offered furnished! Enjoy 99 feet of Burntside Lake shoreline with an elevated setting, spectacular big-water views, and beautiful sunsets. This well-maintained 26 x 38 seasonal cabin was built in 2001 by Tholen Construction and features 2x6 construction, insulation, energy trusses, Marvin windows, steel siding and roof, ductless A/C, gas fireplace, and electric

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  • 3055 van Vac Rd, Ely, MN 55731

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    Nestled on the Southwest Shore of Burntside Lake, this updated ranch-style rambler offers stunning views and a peaceful retreat. A great property for Burntside Lake Island residence owners to have their own Burntside lake access. This property offers covered dock space with an updated home, spacious garages for recreational storage for both island and land-based needs the year round. The 1,344

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    Small affordable one bedroom home with updates and remodel in 2002. Back then a new 22 x 24 garage was built along with updates to the kitchen and bath, along with new vinyl siding and selected Window updates. Nice private 12 x 16 deck overlooking the backyard. One car off street parking in the back. This home is solid but could use some TLC to update - a block and one half from the Ely public

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  • 3297 Aspen Ln, Ely, MN 55731

    $224,000

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    • 1 Bath
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    Own a piece of Northwoods history with this rare opportunity to acquire a generational heritage property that has been cherished for decades. This rustic property features vintage timber, weathered wood, and hand-crafted details that showcase true local history. Designed with an authentic camp vibe, the open and inviting layout evokes the cozy simplicity of a traditional wilderness lifestyle,

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  • 3422 N Arm Rd, Ely, MN 55731

    $1,300,000 Sold Sep 03, 2025

    • 3 Beds
    • 2 Baths
    • 2,862 Sq Ft
    • 3422 N Arm Rd
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    Discover 40 acres of serene paradise on Burntside Lake, featuring a stunning Legendary Log Home, a cozy cabin, and an impressive 360 feet of pristine sand beach. Surrounded by mature White Pine and native trees, you'll experience the perfect blend of seclusion and nature's beauty. This log home reflects the dedication of its original builders, showcasing exquisite artwork and craftsmanship

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  • 24 E Conan St, Ely, MN 55731

    $272,500 Sold Jul 10, 2026

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    • 24 E Conan St
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    Charming Updated Antique Home for Sale in Ely This beautifully updated antique home, featuring four bedrooms and one and a quarter bath, is now seeking a new owner. Built in the 1930s by early Finnish settlers, the home has been lovingly maintained and continuously lived in since its construction. The front entrance opens into a stunning three-season northern-exposure porch, adorned with

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  • 118 E James St, Ely, MN 55731

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    This charming Colonial/Tudor home is now on the market, ready for its next owner. It offers 3 bedrooms, 1 bath, beautiful hardwood floors, and a pine-paneled den with built-in cabinets, all set on a 75 x 125-foot lot. The large, window-filled living area is accented by a vintage brick, wood-burning fireplace, while the formal dining room, easily reached from the kitchen, is perfect for family

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  • 4194 First Lake Rd, Ely, MN 55731

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    Located 11 miles north of Ely, just off the renowned Echo Trail, this serene retreat spans 11.46 acres of stunning pink granite and towering century-old White Pines. Constructed in 2016, this 14 x 20 cabin is designed for year-round use, providing a perfect escape from city life and an ideal vantage point for observing the Northern Lights and the expansive northern sky. Nearby, walking access to

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  • 12351 Endless Waters, Ely, MN 55731

    $540,000 Sold Sep 30, 2025

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    Just 11 Miles south of Ely on the historic Highway 1, this property is nestled among towering white pines and lush greenery. This updated 3-bedroom home is the ultimate retreat for outdoor enthusiasts and nature lovers. Situated on 1.5 acres with 200 feet of pristine shoreline along the renowned Kawishiwi River, this immaculate home offers a unique blend of seclusion and adventure. It is located

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Source: Lake Superior Area REALTORS®

MLS Number: 6127579

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