3845 Swanson Shores Rd, Ely, MN 55731
OFF MARKET

3845 Swanson Shores Rd
Ely, MN 55731

  • 3 Beds
  • 2.5 Baths
  • 2,643 sqft (on 1 acre)

$924,700

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $5,590/mo*
Refinance Your Home

$924,700

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $5,590/mo*
Refinance Your Home
3 Beds
2.5 Baths
2,643 sqft
(on 1 acre)

Local Information

  • Map ViewExplore the area around 3845 Swanson Shores Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1990
Lot Size
1 acre
Living Area
2,643 sqft
Price/Sqft
$350
Parking
Garage

About this House

Private 3 BR, 3 BA log home on idyllic crystal-clear Eagles Nest Lake 3. The pine studded 1-acre lot is very gently sloped to the 200’ of level west facing shoreline. Main level features large main bedroom with en suite and laundry, an additional ¾ bath, kitchen combined with dining room, and a large living room with vaulted ceilings and exquisite stone wood-burning fireplace. The upper level provides additional sleeping space and features large closets and views of the lake. The finished walkout basement features a third bedroom, rec/family room with wood burning stove, laundry/utility room, a full bath and sauna. Multiple decks for enjoying the stunning Northwoods. Large 2-stall heated garage with multiple storage areas and a woodshed. Black top drive and beautiful landscaping with low maintenance in mind. Extremely quiet area with state park just across the road and located just 15 minutes to Ely or Tower with easy access to area trail systems.
3845 Swanson Shores Rd, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 2,643 sqft single-family home built in 1990. It last sold for $750,000 on Aug 25, 2023 (6% below the $798,000 asking price). It is currently off market. The Trulia Estimate is $924,700, with a rent estimate of $2,844/month.

Home Details for 3845 Swanson Shores Rd

Interior Features

Interior Details
Basement: Full,Egress Windows,Finished,Walkout,Bath,Bedrooms,Fireplace,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Kitchen, Living Room, Recreation Room, Sauna, Utility Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2643 Square Feet
Appliances & Utilities
Utilities: DSL, SatelliteAppliances: Water Heater-Electric, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, WasherDishwasherDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Dual Fuel/Off Peak,Wood,Propane,ElectricHas HeatingHeating Fuel: Dual Fuel Off Peak
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Wood Burning, BasementHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Double Glazed, Energy Windows, Wood FramesDoor: Patio DoorFlooring: 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 ShingleVegetation: Heavily WoodedOther Structures: Lean-To, Storage ShedExterior: DockFoundation: Other
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Asphalt,Detached,Heat,Slab
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Sand)Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Eagles Nest 3
Farm & Range
Frontage Length: 200
Finished Area
Finished Area (above surface): 1635 Square FeetFinished Area (below surface): 1008 Square Feet

Days on Market

Cumulative Days on Market: 288

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log
Building
Construction Materials: Log, Log Home
Property Information
Condition: Previously OwnedParcel Number: 317018000290

Price & Status

Price
List Price: $798,000
Status Change & Dates
Off Market Date: Wed Jul 19 2023Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 1 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6105842Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 1635
Last check for updates: about 15 hours ago
Listed by Kate Davies, (218) 343-9173
Bear Island Realty LLC
Anna Yahnke, (218) 235-3547
Bear Island Realty LLC
Bought with: Nonmember NONMEMBER, Nonmember Office
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6105842

Price History for 3845 Swanson Shores Rd

DatePriceEventSource
08/25/2023$750,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6105842
07/31/2023$798,000PendingLake Superior Area Realtors as distributed by MLS GRID #6105842
07/20/2023$798,000ContingentLake Superior Area Realtors as distributed by MLS GRID #6105842
06/19/2023$798,000PriceChange
Lake Superior Area Realtors as distributed by MLS GRID #6105842
06/01/2023$844,900PriceChange
Lake Superior Area Realtors as distributed by MLS GRID #6105842
04/12/2023$899,900PendingToActiveLake Superior Area Realtors as distributed by MLS GRID #6105842
03/29/2023$899,900ContingentLake Superior Area Realtors as distributed by MLS GRID #6105842
10/06/2022$899,900Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6105842

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

Year2013
Tax$3,538
Assessment$353,800
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 3845 Swanson Shores Rd.

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."
    0
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Apartments for Rent

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Homes for sale near 3845 Swanson Shores Rd

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Off Market Homes Near 3845 Swanson Shores Rd

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Based on information submitted to the MLS GRID as of 2026-07-26 01:07:19 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