About This Home

This 1-bedroom, 0-bathroom single family at 2815 Schaeffer Rd in Ely, MN is listed for $749,000 ($2,128 per sqft). Built in 1900, the home offers 352 sqft of living space on a 1.30 acres lot.

Key Features

  • Built in 1900
  • 1.30 acre lot
  • Waterfront

Property Details

1 story
1900

Amenities

Waterfront
Listing Description

Your Northwoods Story Begins at 2815 Schaeffer Road, Burntside Lake, Ely, Mn. Some places simply hold you. This vintage seasonal cabin on beautiful Burntside Lake is one of them - a quiet, charmed escape where towering pines frame big water views and every sunset feels hand-painted.

Step inside to rustic warmth and lake light. Step outside to the full-size deck, where morning coffee lingers a little longer and the sauna - Finnish, woodfired, and lake-adjacent - turns evenings into ritual. A roll-out aluminum dock invites you closer, a soft sand beach invites you in, and the clear Burntside water does the rest.

The expansive lot gives room to breathe, dream, and imagine. And a newer 22*24 garage with finished loft stretches the possibilities - guest quarters, lakeside studio, or your own creative hideaway. Perched minutes from Ely and the Boundary Waters Canoe Area Wilderness, this cabin is both retreat and opportunity: a seasonal sanctuary, an adventurer's basecamp, and a rare slice of paradise on one of Minnesota's most beloved lakes.

Embrace the magic. Own the getaway. 2815 Schaeffer Road, Beautiful Burntside Lake, Ely, Minnesota.

Monthly Cost Estimate

$4,006/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,246
Insurance$218

Estimates only. Actual payments may vary.

Location

2815 Schaeffer Rd

Ely, MN 55731

Property Details

Heating

Electric (Heating)Wood

Questions & Answers

This 1-bedroom, 0-bathroom single family at 2815 Schaeffer Rd is listed at $749,000 ($2,128/sqft). The estimated monthly payment is $4,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 1.30 acre lot, Waterfront.

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# 6127579· Source: Lake Superior Association of REALTORS®· 23 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.

2815 Schaeffer Rd, Ely, MN 55731

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