285 Shady Ln, Ely, MN 55731
OFF MARKET

$359,200

Trulia Estimate
  • 1 Bed
  • 1,092 sqft (on 8.20 acres)

285 Shady Ln, Ely, MN 55731

Est. Refi. Payment $2,315/mo*
Refinance Your Home

Home Value

Trulia Estimate
$359K
Since last month
Increased$46K (+13.4%)
Since last year
Increased$5K (+1.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +75% in the last 10 years
MonthEstimated value
2026
September 2026$388K
August 2026$359K
July 2026$342K
June 2026$353K
May 2026$340K
April 2026$356K
February 2026$361K
January 2026$334K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
631 Circle Dr, Ely, MN
1.67
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
607 N Main St, Winton, MN
2.03
Single-Family Home
$415,000
03/06/26
2
1
1,088
386 Garden Lake Rd, Ely, MN
2.54
Single-Family Home
$419,000
12/08/25
3
2
2,281
14108 Fall Lake Rd, Ely, MN
2.01
Single-Family Home
$359,000
05/29/26
2
2
3,274
13464 Chestnut Dr, Ely, MN
3.51
Single-Family Home
$210,000
07/27/26
2
1
1,215
13462 Villa Rd, Ely, MN
3.45
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
1603 Hanson Rd, Ely, MN
3.96
Single-Family Home
$300,000
06/12/26
3
1
996
13496 Pine Rd #10, Ely, MN
3.45
Single-Family Home
$370,000
10/01/25
4
2.5
1,175
632 Voyageur Rd, Ely, MN
3.81
Single-Family Home
$475,000
08/28/26
2
1
1,335
1759 N Pioneer Rd, Ely, MN
4.31
Single-Family Home
$475,000
01/02/26
2
2
1,114

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
296 Shady Ln, Ely, MN 55731
0.43
$249,000
2
1
912
For Sale
214 Cedar Ln, Ely, MN 55731
0.63
$684,500
3
2
1,806
For Sale
xxx Shady Ln, Ely, MN 55731
0.67
-
-
-
-
Off Market
14057 Mikana Rd, Ely, MN 55731
0.68
-
-
-
-
Off Market
470 Shady Ln, Ely, MN 55731
0.96
$669,700
2
1
1,195
Off Market
14026 Chickadee Ln, Ely, MN 55731
0.96
$1,226,200
3
2.5
3,000
Off Market
151 Wax Wing Dr, Ely, MN 55731
1.01
$833,800
2
2
1,532
Off Market
XXX3 Powerhouse Trail Lot 3, Ely, MN 55731
1.21
-
-
-
-
Off Market
XXX4 Powerhouse Trail Lot 4, Ely, MN 55731
1.21
-
-
-
-
Off Market
XXX2 Powerhouse Trail Lot 2, Ely, MN 55731
1.22
-
-
-
-
Off Market
XXX5 Powerhouse Trail Lot 5, Ely, MN 55731
1.22
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 285 Shady Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1982
8.2 acre lot
1,092 sqft
$329/sqft
Garage

About this House

This single-family home is located at 285 Shady Ln, Ely, MN. 285 Shady Ln is in Ely, MN and in ZIP code 55731. This property has 1 bedroom and approximately 1,092 sqft of floor space. This property has a lot size of 8.20 acres and was built in 1982.
285 Shady Ln, Ely, MN 55731 is a 1 bedroom, 1,092 sqft single-family home built in 1982. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $359,200, with a rent estimate of $1,374/month.

Home Details for 285 Shady Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.7000000476837158
Interior Details
Additional StorageIn-law unitStorage

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: Single Family HomeArchitecture: Log Cabin/Rustic

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 624

Lot Information

Lot Area: 8.20 acres

Building

Pool
Sauna

Price and Tax history

YearProperty taxTax assessment
2025
$3,527
$519,000
Home facts updated by county records

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 285 Shady Ln

  • What is 285 Shady Ln estimated to be worth?
    Trulia's estimated value for 285 Shady Ln in Ely, MN is $359,200.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • What are the closest schools to 285 Shady Ln?
    The closest schools to 285 Shady Ln in Ely, MN are Minnehaha Elementary School (Pre-K, rated 6/10), Two Harbors Secondary (Middle/High, rated 7/10).
  • How big is the lot at 285 Shady Ln?
    The lot at 285 Shady Ln in Ely, MN is about 8.2 acres.
  • Does 285 Shady Ln have a garage?
    Yes, 285 Shady Ln in Ely, MN has a garage.

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 285 Shady Ln

Skip to last item
Skip to first item

Homes for sale near 285 Shady Ln

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item