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$359,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 3,274 Sq. Ft.
  • 4 Car Garage
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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.

Full Property Details for 14108 Fall Lake Rd

General

  • Price: $359,000
  • Taxes: $2,936 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 1402
  • MLS ID: 6122166
  • Updated: 10/24/2025
  • Added to Site: 110 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 36 x 24
  • Garage Spaces: 4
  • Garage Description: Electrical Service, Slab

Location

  • Area: R
  • County: Lake County
  • Township: Fall Lake township (Lake County)
  • Driving 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.

School Information

  • High School District: Ely #696

Heating & Cooling

  • Heating Type: Baseboard, Fireplace(s), Propane, Electric

Utilities

  • Sewer: Private Sewer, Mound Septic
  • Water: Drilled

Structural Information

  • Architectural Style: Ranch
  • Construction: Frame/Wood
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Concrete
  • Stories/Levels: 1
  • Square Feet: 3,274
  • Year Built: 19

Lot Features

  • Lot Size (Acres): 3.2
  • Lot Dimensions: 610' x 300' (irregular)
  • Development Status: Previously Owned

Financial Considerations

  • Price Per Sq. Ft.: $109.65
  • Tax Amount: $2,936
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Parcel 1: S 200 FT of W 300 FT of Lot 2 Parcel 2: That part of Lot 2 as described in Bk 117... Parcel 3: W 300 FT of Lot 2 Less that part north of a line... See attached Exhibit A for full detailed legals
  • Property ID: 28-6311-15325, 28-6311-15330, and 28-6311-15317

Listed by Bear Island Realty LLC

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Listing agents

— 14108 Fall Lake Rd —

  • Bear Island Realty LLC

  • Bear Island Realty LLC

***

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Schools serving 14108 Fall Lake Rd

School District:Lake Superior Public School District
NameGradesDistance
William Kelley Elementary School
137 Banks Boulevard, Silver Bay, MN 55614
PK-650 mi
Kelley Secondary
137 Banks Boulevard, Silver Bay, MN 55614
7-1250 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14108 Fall Lake Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/24/2025
Price Reduced
$359,000
-5.28%
MLS
9/29/2025
Listed
$379,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 14108 Fall Lake Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,758
1013%
$267,100
60%
2019
$158
—
$167,000
8%
2019
$158
—
$155,200
-2%
2019
$158
-90%
$157,600
-6%
2018
$1,608
-25%
$167,200
-1%
2017
$2,148
913%
$169,100
-27%
2016
$212
—
$231,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Bear Island Realty LLC

14108 Fall Lake Rd, Ely, MN 55731 (MLS# 6122166) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 14108 Fall Lake Rd is currently listed for $359,000 and was received on September 29, 2025. Want to learn more about 14108 Fall Lake Rd? Do you have questions about finding other Single Family real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.

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