469 Sunset Rd, Ely, MN 55731

A wonderful option to own a 2 BR, 1 BA, cabin with use of 632 feet of West facing beach and shoreline on White Iron chain of lakes in Ely. This classic; meticulously maintained cabin has an open kitchen, dining room, and living room, with a wood burning stove. Through the sliding doors access the generous screened in porch and deck; perfect for dining and lounging. The charming new bunkhouse is full of beautiful woodwork and windows and it's own deck. Includes a set of bunks; a double on top, and queen on bottom; custom stairs with built in storage drawers access the top bunk. This is an LLC shared ownership with the seller owning approximately 8.3% of the LLC. The Seller/Owner has full ownership and usage of the Cabin, Bunkhouse, and Wood Shed; used by the shareholder, their family, and friends. The shareholder also has usage of the "common property" of the LLC. This includes a boat slip, and storage space in a building near the shore. At the shoreline there is a shared Gazebo, Firepit, Canoe Rack, and Child Swing & Play set. The property has a great feel and is well maintained; the lake water system, power, septic, and LP gas, have all been improved/updated. The benefits to being a part of an association are numerous. Having a caretaker allows for more chore free time, family time, and recreating. There is great comfort and security in knowing that someone is always watching, assessing needs, and maintaining. Services that are provided/included with the $400 quarterly dues are: springtime startup and fall shutdown of cabins, fall dock removal and installation in the spring, all grounds work: mowing, racking, small tree and brush removal, maintenance of the septic mound, and aeration of water at ice out to minimize ice damage to docks. No short or long term rentals allowed. Inquire for disclosures and supporting Seller & LLC documents.