3206 Shady Rst, Ely, MN 55731
SOLD
AUG 29, 2025

3206 Shady Rst
Ely, MN 55731

  • 2 Beds
  • 2 Baths
  • 1,768 sqft (on 2.69 acres)

$710,200

Last Sold: Aug 29, 2025
7% below list $765K
$402/sqft
Est. Refi. Payment $4,214/mo*
Refinance Your Home

$710,200

Last Sold: Aug 29, 2025
7% below list $765K
$402/sqft
Est. Refi. Payment $4,214/mo*
Refinance Your Home
2 Beds
2 Baths
1,768 sqft
(on 2.69 acres)

Homes for sale near 3206 Shady Rst

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Located on the shores of White Iron Lake in Ely, Mn, this stunning property features +/-2.7 acres of well-manicured trails, perennial gardens, and majestic pines. The +/- 240’ of level shoreline provides phenomenal westerly views and great swimming. The beautiful 2-bedroom, 2-bath energy efficient home was built by Barry Bissonette, a well-known log contractor in the area – using only the best building materials for our climate – including red cedar logs from British Columbia and a “polar roof” (extra insulated designed for harsh Alaskan winters). The home features a large living/dining room with a wood burning fireplace, spectacular lake views, main-floor bed and bath, and an updated kitchen with solid surface counters and stainless appliances. The walk-out lower primary suite features in-floor heat, corner wood stove, a built-in desk, and a sitting area with ideal lake views. Private ¾ bath with a sauna plus a laundry/utility room complete the lower level. At the shore you will find a lovely water accessory building, quality dock and boat lift. The 2.5-stall detached garage provides additional storage for all your lake toys! This property comes with a shared boat launch just down the road. Additional acreage and lakeshore are available. Home is being sold furnished - so move right it and enjoy lake living at its finest.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 31, 2025

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$402/sqft
Listed
180+ days ago

Home Details for 3206 Shady Rst

Interior Features

Interior Details
Basement: Full,Egress Windows,Finished,Walkout,Bath,Bedrooms,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1768 Square FeetFoundation Area: 884
Appliances & Utilities
Appliances: Dryer, Exhaust Fan, Microwave, Range, Refrigerator, WasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Fireplace(s),In Floor Heat,Wood,ElectricHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Minnesota Power
Windows, Doors, Floors & Walls
Flooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors
View
Has a ViewView: Inland Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: DeckVegetation: Heavily WoodedOther Structures: Boat HouseExterior: DockFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Gravel,Detached
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)Road Frontage: Private RoadResponsible for Road Maintenance: Association Maintained RoadOn Waterfront
Water & Sewer
Sewer: Private Sewer, Mound SepticWater Body: White Iron
Farm & Range
Frontage Length: 240
Finished Area
Finished Area (above surface): 884 Square FeetFinished Area (below surface): 884 Square Feet

Days on Market

Cumulative Days on Market: 38

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Log, Wood, Log Home
Property Information
Condition: Previously OwnedParcel Number: 28622501080

Price & Status

Price
List Price: $765,000Price Per Sqft: $402/sqft
Status Change & Dates
Off Market Date: Sun Aug 03 2025Possession Timing: Immediate

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Lake Superior #381

HOA

No HOA

Lot Information

Lot Area: 2.69 Acres

Miscellaneous

BasementMls Number: 6120378Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 884
Last check for updates: about 4 hours ago
Listed by Anna Yahnke, (218) 235-3547
Bear Island Realty LLC
Kate Davies, (218) 343-9173
Bear Island Realty LLC
Bought with: Kerry F Davis, (218) 235-1084, Canoe Capital Realty, LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6120378

Price History for 3206 Shady Rst

DatePriceEventSource
08/29/2025$710,200Sold
Lake Superior Area Realtors as distributed by MLS GRID #6120378
08/11/2025$765,000PendingLake Superior Area Realtors as distributed by MLS GRID #6120378
07/01/2025$765,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6120378
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Comparable Sales for 3206 Shady Rst

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
13434 N Pine Rd, Ely, MN
1.57
Single-Family Home
$555,000
06/16/25
2
2
1,250
2137 Deer Ridge Rd, Ely, MN
1.52
Single-Family Home
$420,000
11/14/25
1
1
1,440
540 Loop Rd, Ely, MN
2.15
Single-Family Home
$710,000
02/06/26
3
2
3,160
480 Kawishiwi Trl, Ely, MN
1.95
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
13496 Pine Rd #10, Ely, MN
1.68
Single-Family Home
$370,000
10/01/25
4
2.5
1,175
Xxxxx White Iron Lk, Ely, MN
1.20
Single-Family Home
$285,000
03/06/26
3
-
1,072

Assigned Schools

These are the assigned schools for 3206 Shady Rst.
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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 it's walkable to grocery stores

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 45 % Say there are community events

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

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
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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
    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
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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."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-05-09 12:07:28 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

Homes for rent near 3206 Shady Rst

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Off Market Homes Near 3206 Shady Rst

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3206 Shady Rst, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 1,768 sqft single-family home built in 1992. This property is not currently available for sale. 3206 Shady Rst was last sold on Aug 29, 2025 for $710,200 (7% lower than the asking price of $765,000). The current Trulia Estimate for 3206 Shady Rst is $717,900.