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Spectacular island on Farm Lake with a newly updated and remodeled 2 bedroom log cabin! Island is approx. 2.5 acres with over 2000 feet of gorgeous shoreline with views right into the famous Boundary Waters Canoe Area Wilderness! Farm Lake is part of the biggest lake chain in the Ely area and the other lakes in the chain are White Iron, Garden, and South Farm Lakes..aprox 12 miles long from one end to the other! This lake chain offers great fishing, and the perfect combination of great boating and recreation, and also direct easy access into the wilderness area right next door! The island is accessed from your own private deeded landing on the mainland where you can park your vehicle and keep a boat at your own dock and be to the island in just a few minutes by boat or canoe. No big water crossing as its just around the bend. The cabin is ready to go for all your Ely area adventures year around and has a wood stove for heat, and electric baseboard heaters as well. Bedrooms each have new queen beds and all furniture is included. Appliances include: range, refrigerator, coffee maker, and toaster. Follow a path near the lakeshore to a very nice sauna with new cedar walls and benches. The large comfortable outhouse is being converted from a pit toilet to an incinerating toilet per county regs. A tool and equipment storage shed and separate wood shed are also onsite with all lawn tools included. This island is a very pleasant place to be and is aesthetically pleasing is all respects. Spend a few minutes here and you'll be ready to stay for a lifetime! Let the peace and tranquility of this very special place become your new up north getaway place!

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Listed by Jeff Hway of Bear Island Realty LLC (***)

Listings courtesy of Lake Superior Area REALTORS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 14, 2026 11:09 PM UTC. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

 
 

 

 

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