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
Amenities
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
Estimates only. Actual payments may vary.
Location
2811 Schaeffer Rd
Ely, MN 55731
Features & Amenities
Interior Features
Property Details
Views
Parking
Heating
Appliances
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.








