3216 Shady Rst, Ely, MN 55731
SOLD
OCT 23, 2025

3216 Shady Rst
Ely, MN 55731

    $315,000

    Last Sold: Oct 23, 2025
    3% below list $325K
    Est. Refi. Payment $1,911/mo*
    Refinance Your Home

    $315,000

    Last Sold: Oct 23, 2025
    3% below list $325K
    Est. Refi. Payment $1,911/mo*
    Refinance Your Home
    (on 3 acres)

    Homes for sale near 3216 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 +/-3 acres of gently sloping land with beautifully manicured trees to the +/-340’ of level shoreline providing a blueberry haven on a ledgerock point with phenomenal westerly views and great swimming. An established driveway is in place offering options for the perfect build site. This property comes with a shared boat launch just down the road.
    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 October 24, 2025

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 3216 Shady Rst

    Interior Features

    Appliances & Utilities
    Utilities: Satellite, Electricity Available
    Gas & Electric
    Electric: Minnesota Power
    View
    Has a ViewView: Inland Lake, Panoramic

    Exterior Features

    Exterior Home Features
    Vegetation: Heavily Wooded
    Parking & Garage
    Parking: Gravel
    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)Road Frontage: Dead End/No Outlet, Private RoadResponsible for Road Maintenance: Association Maintained Road, Year RoundOn Waterfront
    Water & Sewer
    Water Body: White Iron
    Farm & Range
    Frontage Length: 315

    Days on Market

    Cumulative Days on Market: 10

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 28622501070

    Price & Status

    Price
    List Price: $325,000
    Status Change & Dates
    Off Market Date: Sat Sep 20 2025Possession Timing: See Remarks

    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: 3 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6121867Water ViewWater View: LakeAttribution Contact: ***
    Last check for updates: about 23 hours ago
    Listed by Anna Yahnke, (218) 235-3547
    Bear Island Realty LLC
    Kate Davies, (218) 343-9173
    Bear Island Realty LLC
    Bought with: Chris Eilrich, (218) 343-6169, Wildwoods Land Company
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6121867

    Price History for 3216 Shady Rst

    DatePriceEventSource
    10/23/2025$315,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #6121867
    09/23/2025$325,000PendingLake Superior Area Realtors as distributed by MLS GRID #6121867
    09/11/2025$325,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6121867
    04/24/2019$165,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #6080391
    04/03/2019$179,900PendingAgent Provided
    01/21/2019$179,900PriceChange
    Agent Provided
    04/30/2018$195,000Listed For SaleAgent Provided
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    Property Tax and Assessment

    Year2025
    Tax$1,570
    Assessment$236,700
    Home facts updated by county records

    Comparable Sales for 3216 Shady Rst

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Labrec Klein Trl, Ely, MN
    1.15
    Lot/Land
    $63,900
    07/10/25
    -
    -
    Tbd Black Bear Trl, Ely, MN
    2.31
    Lot/Land
    $39,000
    07/15/25
    -
    -
    1356 SW Shores Trl, Ely, MN
    3.15
    Lot/Land
    $300,000
    10/17/25
    -
    -
    Lots 2&3 Truman Ln, Ely, MN
    2.67
    Lot/Land
    $65,000
    05/23/25
    -
    -
    Lot 5 Truman Ln, Ely, MN
    2.85
    Lot/Land
    $52,900
    12/05/25
    -
    -
    Fernberg Rd #5, Ely, MN
    3.58
    Lot/Land
    $246,000
    08/15/25
    -
    -
    Xxx1 Powerhouse Trl #1, Ely, MN
    3.91
    Lot/Land
    $240,000
    07/11/25
    -
    -
    Xxx3 Powerhouse Trl #3, Ely, MN
    3.94
    Lot/Land
    $225,000
    09/04/25
    -
    -

    Assigned Schools

    These are the assigned schools for 3216 Shady Rst.
    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 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
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    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-05-08 15:22:29 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 3216 Shady Rst

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    Off Market Homes Near 3216 Shady Rst

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    3216 Shady Rst, Ely, MN 55731 is a lot/land. This property is not currently available for sale. 3216 Shady Rst was last sold on Oct 23, 2025 for $315,000 (3% lower than the asking price of $325,000).