287 Shady Ln, Ely, MN 55731
OFF MARKET

287 Shady Ln
Ely, MN 55731

  • 1 Bed
  • 1 Bath
  • 812 sqft (on 1.10 acres)

$507,700

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $3,111/mo*
Refinance Your Home

$507,700

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $3,111/mo*
Refinance Your Home
1 Bed
1 Bath
812 sqft
(on 1.10 acres)

Local Information

  • Map ViewExplore the area around 287 Shady Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1984
Lot Size
1.1 acres
Living Area
812 sqft
Price/Sqft
$625

About this House

This single-family home is located at 287 Shady Ln, Ely, MN. 287 Shady Ln is in Ely, MN and in ZIP code 55731. This property has 1 bedroom, 1 bathroom and approximately 812 sqft of floor space. This property has a lot size of 28.00 acres and was built in 1984.
287 Shady Ln, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 812 sqft single-family home built in 1984. It last sold for $450,000 on Apr 23, 2008. It is currently off market. The Trulia Estimate is $507,700, with a rent estimate of $1,364/month.

Home Details for 287 Shady Ln

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Additional StorageIn-law unitStorage

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: Single Family HomeArchitecture: Log Cabin/Rustic

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 812

Lot Information

Lot Area: 1.10 acres

Building

Pool
Sauna

Price History for 287 Shady Ln

DatePriceEventSource
04/23/2008$450,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1527330

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2025
Tax$2,106
Assessment$310,100
Home facts updated by county records

Comparable Sales for 287 Shady Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
631 Circle Dr, Ely, MN
1.52
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
607 N Main St, Winton, MN
2.30
Single-Family Home
$415,000
03/06/26
2
1
1,088
142 Onigum Tr, Ely, MN
1.77
Single-Family Home
$930,000
08/29/25
3
2
2,042
118 Onigum Tr, Ely, MN
1.87
Single-Family Home
$735,000
09/04/25
3
2
2,189
14108 Fall Lake Rd, Ely, MN
1.81
Single-Family Home
$359,000
05/29/26
2
2
3,274
13872 Outback Rd, Ely, MN
2.27
Single-Family Home
$135,000
08/15/25
1
-
486
386 Garden Lake Rd, Ely, MN
2.65
Single-Family Home
$419,000
12/08/25
3
2
2,281
1063 Fernberg Rd, Ely, MN
3.71
Single-Family Home
$425,000
08/07/25
2
2
2,322
1152 Fernberg Rd, Ely, MN
4.06
Single-Family Home
$150,000
07/24/26
1
1
516
13464 Chestnut Dr, Ely, MN
3.66
Single-Family Home
$210,000
07/27/26
2
1
1,215

Nearby homes

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Assigned Schools

These are the assigned schools for 287 Shady Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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."
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Apartments for Rent

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Homes for sale near 287 Shady Ln

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Off Market Homes Near 287 Shady Ln

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