$279,000

296 Shady Ln Ely, MN 55731

Estimated payment $1,583/month

2 Beds
1 Bath
912 Sq Ft
$306 Price per Sq Ft

About This Home

This Northwoods two bedroom, one bath cabin with drilled well and compliant septic can be enjoyed year-round! The open floor plan features beautiful natural woodwork throughout, a cozy woodstove in the living room, a main floor bedroom and bathroom, and an open sleeping loft above—perfect for guests or additional space. Set on 5.75 private acres overlooking a scenic pond, this property offers the peaceful setting you’ve been looking for, with plenty of room to explore and unwind. Included is an additional parcel on Fall Lake, providing direct access to the renowned Boundary Waters Canoe Area Wilderness—a rare opportunity for paddling, fishing, and world-class outdoor adventure right at your fingertips. Whether you’re enjoying quiet mornings by the water, evenings around the fire, or year-round recreation like hiking, snowmobiling, and exploring the surrounding wilderness, this property is a wonderful, private up-north retreat that truly captures the best of Minnesota’s Northwoods lifestyle.

Listing Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely Brokerage Phone: Listed on: 04/28/2026

Keller Williams Classic Realty NW - Ely

Co-Listing Agent

Heather Franciskovich

Keller Williams Classic Realty NW - Ely Brokerage Phone:

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1998

Lot Details

  • 5.75 Acre Lot

Home Design

  • 912 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 28-6311-18045, 28-6375-18270 & 18315

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,366

Year Built

Built in 1998

Lot Details

5.75 Acres

Listing Details

  • Directions: From Ely, take Hwy 169 East to Left on CR88. Turn right on Ely Winton Rd. Turn left on Cloquet Line. Turn right on Shady Lane. Stay left at fork in the road. 296 Shady Ln. is first driveway on the right after the fork in the road.
  • Tax Year: 2026
  • Year Built: 1998
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Lot Size: 300x800, 50x110
  • Water Body Name: Other - See Remarks
  • Co List Office Mls Id: LSA31741
  • Co List Office Phone: 763-463-7500
  • Co List Office Mls Id: LSA31741
  • Above Grade Finished Sq Ft: 912
  • Special Features: None
  • Stories: 0

Interior Features

  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplaces: 1

Exterior Features

  • Construction Type: Wood
  • Foundation Details: N/A

Utilities

  • Sewer: Mound Septic, Private Sewer
  • Water Source: Drilled

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 28-6311-18045, 28-6375-18270 & 18315

Tax Info

  • Tax Annual Amount: 1366

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,312 $183,000 $52,400 $130,600
2024 $777 $183,300 $51,300 $132,000
2023 $730 $189,800 $51,300 $138,500
2022 $938 $161,600 $51,300 $110,300
2021 $923 $106,800 $43,500 $63,300
2020 $1,024 $103,200 $42,500 $60,700
2019 $1,031 $106,300 $57,700 $48,600
2018 $780 $107,300 $45,100 $62,200
2017 $734 $82,700 $34,100 $48,600
2016 $738 $79,800 $38,000 $41,800
2015 $741 $80,600 $38,400 $42,200
2014 $741 $0 $0 $0
2013 $747 $0 $0 $0
2012 $754 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2026 04/28/26 For Sale $279,000 +134.5% $306 / Sq Ft
06/02/2017 06/02/17 Sold $119,000 0.0% $132 / Sq Ft View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
04/05/2016 04/05/16 For Sale $119,000 -- $132 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $119,000 None Available
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6124796

APN: 28-6311-18045

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