About This Home

This 2-bedroom, 1-bathroom single family at 2811 Schaeffer Rd in Ely, MN is listed for $799,000 ($809 per sqft). Built in 2001, the home offers 988 sqft of living space on a 0.44 acres lot.

Key Features

  • Built in 2001
  • 0.44 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
1 full
2001

Amenities

FireplaceWaterfrontView
Listing Description

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 baseboard heat.

The inviting interior includes a 12 x 17 kitchen/dining area with lake views, 12 x 19 living room with a million-dollar view, two spacious 12 x 14 bedrooms, 3/4 bath, and main-floor laundry with Asko washer and dryer. Enjoy the lake from the 24 x 6 lakeside deck leading to a 30 x 12 open deck-perfect for relaxing and entertaining.

Property also includes a 9 x 18 boathouse with electricity, a dock, grandfathered in for replacement, plus an 8 x 14 vintage Finnish sauna with wood-fired Kuuma stove and change room. The 36 x 20 garage/shop offers a 12 x 16 office, finished upper loft, insulated concrete floor, heat, and abundant storage or hobby space.

A Burntside Lake water system with submersible pump provides unlimited soft water for bathing and laundry. A St Louis County permitted 2,000-gallon seasonal holding tank serves the needs it was designed for. A special Burntside Lake property with incredible views, excellent amenities, and the classic Northwoods lifestyle! 12 minutes from Ely and you are in a different world of your choosing! The property next door is listed and would be a great investment opportunity with more of the same great views.

Monthly Cost Estimate

$4,273/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,462
Insurance$233

Estimates only. Actual payments may vary.

Location

2811 Schaeffer Rd

Ely, MN 55731

Features & Amenities

Interior Features

Natural WoodworkSaunaDrywallsMain Floor LaundryDryer Hook-UpsWasher Hook-Ups

Property Details

Views

Lake

Parking

DrivewayOff Street

Heating

Fireplace(s)Propane (Heating)BaseboardElectric (Heating)

Appliances

DryerMicrowaveRange/StoveRefrigeratorWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 2811 Schaeffer Rd is listed at $799,000 ($809/sqft). The estimated monthly payment is $4,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2001, 0.44 acre lot, Fireplace, Waterfront. Interior Features: Natural Woodwork, Sauna, Drywalls.

This property is listed by Jerry Fink and can be reached at (218) 235-1084.

JF

Jerry Fink

Agent at Canoe Capital Realty LLC

(218) 235-1084

Listed by Canoe Capital Realty LLC · Broker phone: (218) 235-1084 · View on Broker Site

MLS# 6127578· Source: Lake Superior Association of REALTORS®· 24 days on PropertySimple

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2811 Schaeffer Rd, Ely, MN 55731

Open this listing in: