139 Fernberg Rd, Ely, MN 55731 (MLS # 6128277)

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View Virtual Tour PRICE $674,000 BEDS 4 BATHS 2 HOME SIZE 2,720 sqft LOT SIZE 4.50 ac Request More Info Schedule a Showing

Discover the kind of Northwoods property that rarely comes available. This beautiful west facing custom built, one owner home is privately set on 4.5 acres of diverse forest, surrounded by majestic pines and overlooking the scenic Shagawa River. With more than 1,200 feet of river frontage and breathtaking water and forest views, this is a true Ely area treasure. Inside, the main level welcomes you with a dramatic vaulted cedar paneled living room, abundant natural beauty, and walkout access to a 21' x 8' deck overlooking the river. The spacious kitchen and dining area are ideal for entertaining, while a gorgeous two-sided field stone fireplace creates a stunning focal point shared by both spaces. The main level offers a river facing primary bedroom and second bedroom, each with cedar lined closets, plus a welcoming foyer with two additional closets. The finished walkout lower level expands the living space with two more river facing bedrooms, a 3/4 bath featuring an electric sauna, and a spacious family room centered around a second double sided wood burning brick fireplace. Walk out directly to the outdoors and enjoy the surrounding woods and river. A bonus area offers flexibility for an exercise room, home office, studio, or future finished space. Storage is plentiful throughout the home, and the attached two-stall garage provides convenient direct access into the foyer. Outside, a large detached garage and shop offers exceptional room for vehicles, boats, recreational equipment, projects, and storage. Additional features include cedar siding, drilled well, and a new four bedroom septic system scheduled for replacement this fall or next spring. Meticulously maintained and move in ready, this property combines the privacy and beauty of a North woods getaway with the convenience of being just a few miles from Ely. Whether you're looking for a year round home, a private family retreat, or a place to enjoy everything the Ely area has to offer, this exceptional riverfront property deserves a look. A very short distance from direct access to Fall Lake, a large, classic North woods lake with direct BWCAW wilderness access. River. Woods. Privacy. Space. Views. And just minutes from Ely. This is North woods living at its finest.