3206 Shadyrest, Ely, MN 55731
OFF MARKET

3206 Shadyrest
Ely, MN 55731

  • 2 Beds
  • 2 Baths
  • 918 sqft (on 2.69 acres)

$725,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $4,356/mo*
Refinance Your Home

$725,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $4,356/mo*
Refinance Your Home
2 Beds
2 Baths
918 sqft
(on 2.69 acres)

Local Information

  • Map ViewExplore the area around 3206 Shadyrest.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1993
Lot Size
2.69 acres
Living Area
918 sqft
Price/Sqft
$790
Parking
Garage

About this House

This single-family home is located at 3206 Shadyrest, Ely, MN. 3206 Shadyrest is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 2 bathrooms and approximately 918 sqft of floor space. This property has a lot size of 2.69 acres and was built in 1993.
3206 Shadyrest, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 918 sqft single-family home built in 1993. It last sold for $710,200 on Aug 29, 2025. It is currently off market. The Trulia Estimate is $725,500, with a rent estimate of $1,771/month.

Home Details for 3206 Shadyrest

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Interior Details
In-law unit
Heating & Cooling
Air Conditioning
Fireplace & Spa
FireplaceHot Tub or Spa

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: Single Family HomeArchitecture: Log Cabin/Rustic

Exterior Features

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

Community

Units in Building: 1

Lot Information

Lot Area: 2.69 acres

Building

Pool
Sauna

Price History for 3206 Shadyrest

DatePriceEventSource
08/29/2025$710,200Sold
N/A

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$4,433
Assessment$648,100
Home facts updated by county records

Comparable Sales for 3206 Shadyrest

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3206 Shady Rest, Ely, MN
0.02
Single-Family Home
$710,200
08/29/25
2
2
1,768
377 Sunset Rd, Ely, MN
0.76
Single-Family Home
$747,000
07/06/26
3
3
3,175
413 Sunset Rd, Ely, MN
1.00
Single-Family Home
$519,000
07/31/26
3
2
1,320
2137 Deer Ridge Rd, Ely, MN
1.52
Single-Family Home
$420,000
11/14/25
1
1
1,440
13462 Villa Rd, Ely, MN
1.67
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
13464 Chestnut Dr, Ely, MN
1.60
Single-Family Home
$210,000
07/27/26
2
1
1,215
540 Loop Rd, Ely, MN
2.13
Single-Family Home
$710,000
02/06/26
3
2
3,160
480 Kawishiwi Tr, Ely, MN
1.94
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
xxxxx White Iron Lake, Ely, MN
1.22
Single-Family Home
$285,000
03/06/26
3
-
1,072

Nearby homes

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Assigned Schools

These are the assigned schools for 3206 Shadyrest.
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. "
    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
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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
    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
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Apartments for Rent

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Homes for sale near 3206 Shadyrest

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Off Market Homes Near 3206 Shadyrest

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Frequently asked questions about 3206 Shadyrest

  • What is 3206 Shadyrest estimated to be worth?
    Trulia's estimated value for 3206 Shadyrest in Ely, MN is $725,500.
  • What is the price history for 3206 Shadyrest?
    3206 Shadyrest in Ely, MN last sold for $710,200 in August 2025.
  • 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.
  • Does 3206 Shadyrest have a pool?
    Yes, 3206 Shadyrest in Ely, MN has a pool.
  • How big is the lot at 3206 Shadyrest?
    The lot at 3206 Shadyrest in Ely, MN is about 2.7 acres.