3803 Fenske Lake Rd Unit 3, Ely, MN, 55731
About This Home
Located just 20 feet from the waters edge, this 1 bedroom, 1 bath cabin has lake views from every room. Completely remodeled in 2017, this wood-sided cabin has knotty pine interior, oak floors and a gas fireplace. There is a south facing view over Fenske Lake and the private dock. The cabin comes completely furnished inside and out including furniture, appliances, cookware, canoe, dock and more. This cabin comes with shared ownership of a sandy swimming beach and a waters edge sauna. 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
- 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: 40
- Dimensions: 5 x 8
Bedroom
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Features
- Ceiling Fan(s),Natural Woodwork,Vaulted Ceilings
- Window features: Wood Frames
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 530
Heating
- Heating features: Baseboard,Fireplace(s),Propane,Electric
Interior Area
- Total interior livable area: 530 sqft
Kitchen
- Level: Main
- Area: 150
- Dimensions: 10 x 15
Living Room
- Level: Main
- Area: 140
- Dimensions: 10 x 14
Property
Details
- Parcel number: 613002000030, & 00035 & part of 613002000001
- Other equipment: Fuel Tank-Rented
- Foundation area: 560
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),Shoreline Characteristics(Rocky)
- Waterbody name: Fenske
- Frontage length: 65
Lot
- Lot size: 9,583 sqft
- Features: Accessible Shoreline
- Lot size dimensions: 130 x 80
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 | $1,542 | $18,504 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $259 | $3,108 |
| Electricity | $170 | $2,050 |
| Total | $2,137 | $25,644 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Listed for sale | $305,000 |
View on Zillow