Ely, MN – Romberg Acres Opportunity! Bring your vision and tools to this spacious 3+ bedroom, 3 bathroom ranch-style home in the highly sought-after Romberg Acres neighborhood of Ely. Built in 1994, this property offers over 3,000 sq ft of finished living space on a beautiful 1.38-acre lot with towering white pines. Though in need of updating and repairs, the home provides a fantastic layout and lots of space. Enter through the attached garage into the lower level, where you’ll find a large family room with fireplace and a generous wet bar, bonus rooms, and a full bathroom. Upstairs, the main floor features an open floor plan with a vaulted-ceiling living room and propane fireplace, a primary suite with attached bath, another full bath, additional bedrooms, and main floor laundry for convenience. The elevated setting on a wooded hill provides a sense of privacy while keeping you close to town conveniences. With its desirable location, generous square footage, and attractive lot, this property represents a rare chance to build equity and create your dream home. Priced significantly below the tax-assessed value—don’t miss out on this investment opportunity in Ely’s Romberg Acres!