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2 Beds
1 Bath
988 sqft

$799,000

2811 Schaeffer Rd, Ely MN, 55731

Price per sqft$808.70
Built in2001
Property size988 sqft
Property typeResidential
Courtesy of Canoe Capital Realty, LLC, Jerry Fink Listing Contact: ***

Overview

Active

Listed Aug 24, 2026

Updated Sep 3

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, ¾ 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.

$5,316/mo

Est. mortgage payment based on a $799,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6127578

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.44 Acres

Other Property Details

Taxes
$3,581
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes
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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:09 AM UTC on 9/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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