Seller's Agent in 2025
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
161 Total Sales
Located approx. 20 miles east of Ely near the end of Fernberg Rd, Lake One, Snowbank Lake, and the BWCAW is this awesome log home on 10 acres with phenomenal long distance views of the surrounding wilderness. Your elevated panoramic views from the home look into the Boundary Waters... including seeing Disappointment Mountain located deep in the BWCAW about 8 miles away!! The property directly adjoins millions of acres of Superior National Forest lands right to the BWCAW border a mile away! What a great place to live or have a year around getaway retreat! This 2 bedroom, 1 bath home is built with 10 inch logs from Voyageur Log Homes and has the main bedroom, kitchen, dining area, living room, and bathroom with laundry, all on the main floor... and upstairs is the second bedroom and a loft/office. Both levels, and large main floor deck have breathtaking views! There is also a 2.5 stall garage that is insulated and heated. A large maintenance free 36 x 28 Morton building provides great storage! Home is set up for complete piece of mind with a dual fuel heating system that includes 2 stage heat pump, plenum heater, and 96% efficient LP furnace. The heat pump also provides central air conditioning. Backup heat in case of a power outage provided by a Jotul LP heating stove that is controlled by its own thermostat. The entire heating system and Jotul stove were installed in 2021. A transfer switch allows for a generator to be connected to the home and both out buildings. There are lots of high-end upgrades here including heavy duty Vertex standing seam metal roofing on all buildings that have NO exposed fasteners and are at least 3 times the cost of standard metal roofing. Very nice insulated crawl space under the home is built right on the ledgerock! Located in a very private location on a 1.5 mile gravel road (Lookout Rd) that is maintained most of the way by the county, and the last few hundred feet (CCC Camp Rd) by the owner. Live and/or recreate here with the awesome views... and where the eagles are regularly soaring right over your deck!!
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $525,000 | -4.5% | $409 / Sq Ft |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $549,500 | -- | $428 / Sq Ft |
| 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 | $2,034 | $390,500 | $86,000 | $304,500 |
| 2024 | $1,472 | $391,500 | $83,500 | $308,000 |
| 2023 | $1,317 | $409,900 | $83,500 | $326,400 |
| 2022 | $1,706 | $343,400 | $83,500 | $259,900 |
| 2021 | $1,771 | $244,100 | $73,400 | $170,700 |
| 2020 | $2,021 | $246,800 | $71,300 | $175,500 |
| 2019 | $2,015 | $256,900 | $77,700 | $179,200 |
| 2018 | $2,034 | $256,900 | $77,700 | $179,200 |
| 2017 | $1,899 | $257,100 | $77,700 | $179,400 |
| 2016 | $1,983 | $249,300 | $87,400 | $161,900 |
| 2015 | $2,046 | $263,200 | $88,400 | $174,800 |
| 2014 | $2,046 | $0 | $0 | $0 |
| 2013 | $1,454 | $0 | $0 | $0 |
| 2012 | $1,176 | $0 | $0 | $0 |
Seller's Agent in 2025
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
161 Total Sales
Z
Seller Co-Listing Agent in 2025
Zachary Hway
Bear Island Realty LLC
(651) 341-0383
69 Total Sales
Buyer's Agent in 2025
Julia Maki
B.I.C. Realty
(218) 780-0315
210 Total Sales
Source: Lake Superior Area REALTORS®
MLS Number: 6119288
APN: 28-6309-09620