Island Parcels on Burntside Lake!

May 1st, 2009
Waters Island - Burntside Lake

Water's Island - Burntside Lake

Makwa Addition on Water’s Island of Burntside Lake.

These parcels on pristine Burntside Lake offer phenomenal easterly views. The property features excellent tree cover with large white pines, beautiful ledgerock outcroppings. Power and septic available. For additional details check them out on our website: http://www.bearislandland.com/lakeshore-river.html

By Anna Yahnke

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Listing of the Week!

April 24th, 2009
Shoreline on Ojibway Lake

Shoreline on Ojibway Lake

 Ojibway Lake Parcel!

This is a rare find. 12+/- acre parcel on the shores of Ojibway Lake approx. 16 miles east of Ely. Ojibway is very pristine and has clear water. Private land on the lake is very limited with vast areas of shoreline being owned by the Superior National Forest. This parcel has approx. 350 feet of shoreline in a bay with a southerly exposure. The building sites are on ledgerock hills with great views. There is an access road within a few hundred feet of the property. Ojibway is a lake that rarely has something come up for sale. It’s a real jewel of a lake with its crystal clear waters that offer great fishing (including good lake trout) and privacy. Parcel adjoins federal land on 3 sides. For additional details check out the listing at www.bearislandland.com/data2010.html

By Anna Yahnke

charlieanna Listing of the Week ,

Big Lake Log Cabin!

April 17th, 2009
Big Lake Log Cabin

Big Lake Log Cabin

Stunning, eco-friendly log home/cabin on Big Lake. Home features a custom kitchen complete with hickory cabinets, center island, and tile flooring with all appliances being energy-efficient. Open floor plan with dining area, cozy living room, and full bath with double sinks. Master suite with walk-in closets and patio door to the screened in porch overlooking the lake. The spacious loft features a bathroom and deck. The full basement has a bathroom, utility room, storage, space for an additional bedroom, and walk-out. Home was built with the environment in mind and is completely self sufficient with solar power, generator back-up, septic, and lake water system. Lot is 3 acres full of beautiful pine tree coverage, campfire area and trails and has 595′ of shoreline. Big Lake is an excellent fishing lake and is on the edge of the Boundary Waters Canoe Area Wilderness.

For additional details check out the listing at: www.bearislandland.com/data2005.html

By Anna Yahnke

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Happy Tax Day!

April 15th, 2009

April 15th - Tax day in the USA. It is either be a great time of year for some or not so great for others.  Accountants, tax preparer’s, CPA’s, and other related professionals will be celebrating the end of a 2 1/2 month time crunch.  Many american’s are celebrating a refund or dreading the tax bill that is due.

Whatever category you fit into, its a good time to think about our finances in general.  A way to start may be to set goals for the upcoming year and make a plan to follow through.

At any rate, we all have reason to celebrate our completed taxes! Happy Tax Day!

By Anna Yahnke

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Listing of the Week!

April 11th, 2009
View of the home

View of the home

Eagles Nest Lake #2 Home/Cabin

Magnificent lake property on Eagles Nest Lake #2. Property is approx. 8 acres with about 1,600 feet of shoreline. Included is beautiful newer lake home with great lake views looking in three directions. Home features 2 large bedrooms, 2 baths, stone fireplace, full basement, off-peak electric heat, wrap-around deck, 2-stall garage with workshop area, and dock. Home is energy efficient and low maintenance. Island-like property insures plenty of privacy. For more details visit this listing: http://www.bearislandland.com/data2004.html

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March - the numbers are in!

April 10th, 2009

We had a great weekend at the Lake Home & Cabin Show in Minneapolis last weekend.  The real estate climate is upbeat & the numbers are proving it with an upswing in the market. 

As with the talk, March was a better month - spring is finally on the horizon and buyers and sellers are out and about.  The Arrowhead MLS had 19 closings this month, doubling up from just a month ago with 9.  The Ely offices had 7 closings - up from just 1 in February.  We all hope for a steady increase in business with new listings, showings, and sales.

By Anna Yahnke

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White Iron Lake Cabin

April 2nd, 2009
View of Cabin from the driveway

View of cabin from the driveway

2 bedroom, 1 bath, cedar-sided cabin located on the wild and scenic south end of the White Iron Lake chain. Approximately 150 feet of easy access, level lakeshore with roll-in dock and lakeside deck. Panoramic big water view of the island studded lake and the far shoreline which is all Superior National Forest ownership and absolutely gorgeous with large White Pines and ledge rock bluffs! Cabin interior is tastefully decorated and a real pleasure to spend time in. Although considered a 3-season cabin, the present owner uses the cabin regularly in the winter. Cabin heats up very nicely! Many of the furnishings are included. Sale also includes a 16′ fishing boat, 15 HP motor, 2 canoes, etc. There is also a 16 x 12 storage building. This place is ready to go to serve as your Ely area recreation headquarters! Great fishing for Walleye, Northern Pike, and Smallmouth Bass. Direct access to the famous BWCAW!

For additional details check it out at: White Iron Cabin

By Anna Yahnke

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Listing of the Week!

March 28th, 2009

Shagawa Lake Home

Shagawa Lake Home

Fabulous Shagawa Lake Home!

Fabulous lake home located on a spacious 1.8 +/- acre lot and approximately 450 feet of shoreline. The shoreline consists of a sandy beach, a point of land with gorgeous tree coverage, a swimming dock, a sheltered landing for boats, and to top things off, a beautiful view to enjoy while sitting around the camp fire. This quality home has 5 bedrooms and 4 baths with the amenities of city water and city sewer. The kitchen, dining room and living room are all in a great room with cathedral ceilings. Walk out basement has large recreation room, two bedrooms with walk in closets and a full bath. Also includes a large three stall attached garage with workshop, storage and ½ bath. Enjoy direct access to the Trezona Trail for biking, jogging and walking as well as cross-country skiing in the winter months. The property is zoned for a potential B& B if desired. STAGED HOME! Ready to sell! For more details check out this listing on our website.

By Anna Yahnke

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Interest Rates

March 26th, 2009

Interest Rates have bottomed out once again!  Every time some announcement happens from our government it seems to have a direct effect on the current interest rates for consumers purchasing or refinancing their current loans.  This time is was the announcement that the government is going to start purchasing bonds and securties (See related artice). 

Jeremy Byers at Northview Bank has rates in the 5’s right now (30 year fixed for primary homeowners with good credit) and they have been steadily around that mark for several weeks. Another great source for watching interest rates is BankRate.com.

By Anna Yahnke

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Happy Spring!

March 20th, 2009
March 20, 2009

March 20, 2009

Spring has sprung in Ely! The date says its spring, but the weather is having a difficult time cooperating with the calendar. 

As for real estate, spring has really sprung with the amount of activity around the office. New transactions are coming together, buyers are coming to look at property, and the new listings are arriving.

We are going to the Lake Home & Cabin Show April 3-5 in Minneapolis and it is a great time to get properties listed prior to the show so we can get the information into potential buyer’s hands.  We have been going to this show at the convention center for 5 years & it has been an excellent tool for getting our company name right at the people of the Minneapolis-St. Paul area and marketing our properties for sale. We have an attractive northwoods booth positioned on a corner for better exposure. If you’re coming to the show be sure to stop by & say “hi”  to myself of any of our other agents who will be represented at the show.

By Anna Yahnke

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