3801 Fenske Lake Rd Unit 4, Ely, MN, 55731
About This Home
Completely remodeled in 2021, this 2 bedroom, 1 bath cabin has a south facing view over Fenske Lake. The original wood floors and log beams kept the charm of the cabin while the gas fireplace, fresh woodwork and lakeside windows added some comfort. There is a lakeside screen porch overlooking the campfire area and dock. The cabin comes completely furnished inside and out including furniture, appliances, cookware, canoe, dock and more. This cabin comes with shared ownership in 14 acres of common space which includes a beach, waters edge sauna and an area for garage/storage sheds. Fenske Lake is a quiet lake just 15 minutes north of Ely with a chain of small undeveloped lake you can canoe and portage to. This is a great spot to come relax and spend your summers by the lake and campfires. Owner / Agent
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Previously Owned
- Year built: 1940
Materials
- Roof: Asphalt Shingle
- Construction materials: Wood,Frame/Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater-Gas,Dishwasher,Exhaust Fan,Microwave,Range,Refrigerator
Basement
- Basement: Posts
Bathroom
- Level: Main
- Area: 36
- Dimensions: 6 x 6
Bedroom
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Bedroom
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Features
- Ceiling Fan(s),Natural Woodwork,Vaulted Ceilings,Beamed Ceilings
- Window features: Wood Frames
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 630
Heating
- Heating features: Baseboard,Fireplace(s),Propane,Electric
Interior Area
- Total interior livable area: 630 sqft
Kitchen
- Level: Main
- Area: 90
- Dimensions: 6 x 15
Living Room
- Level: Main
- Area: 176
- Dimensions: 11 x 16
Other
- Level: Main
- Area: 96
- Dimensions: 8 x 12
Property
Details
- Parcel number: 613002000040 & part of 00001
- Other equipment: Fuel Tank-Rented
Features
- Exterior features: Dock
- Has view: Yes
- View description: Inland Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Inland Lake,Waterfront Access(Private)
- Waterbody name: Fenske
- Frontage length: 76
Lot
- Lot size: 10,018 sqft
- Features: Accessible Shoreline
- Lot size dimensions: 100 x 100
Parking
- Parking features: Gravel,None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Inland Flooding
- Heat Wave
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in St. Louis County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,764 | $21,168 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $296 | $3,552 |
| Electricity | $170 | $2,050 |
| Total | $2,396 | $28,752 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $349,000 |
| 2025-12-17 | Listing removed | $349,000 |
| 2025-07-18 | Listed for sale | $349,000 |
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