$329,000

296 Shady Ln Ely, MN 55731

$3,907
Closing credit¹
2 beds
1 bath
912 sqft
5.8 acres
$361 / sqft
House

Property details

About 296 Shady Ln

This Northwoods two bedroom, one bath, cabin with drilled well and compliant septic can be enjoyed year round! Open floor plan with natural woodwork throughout, woodstove in the living room, main floor bedroom and bathroom with an open sleeping loft above. This cabin sits on 5.75 acres, overlooking a scenic pond and includes a parcel on Fall Lake, affording direct access to the Boundary Waters Canoe Area Wilderness. A wonderful, private, up north retreat to enjoy all the Northwoods of Minnesota has to offer!!

Highlights

HeatingFireplace(s), Wood
StatusActive
(ACTIVE)
Size912 sqft
Lot size5.75 Acres
Year built1998
MLS #6114954
WaterfrontPond
FireplaceFree Standing

Summary

  • Fireplace: Free Standing
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: None
  • Waterfront: Pond
  • Architectural Style: Bungalow
  • Heating: Fireplace(s), Wood
  • List Price: $329,000
  • Price/SqFt: $360
  • 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.
  • Year Built: 1998
  • Stories: 1
  • Living Area: 912 SqFt
  • Lot Size: 5.75 Acres
  • MLS Number: 6114954
  • Office Name: Keller Williams Classic Realty NW - Ely
  • Listing Agent: Lori Schulze

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a wooden deck

$329,000

296 Shady Ln

$3,907

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 09, 2017
Home Sold
$119,000
Jun 09, 2017
Home Sold
$119,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

7.0 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

19.9 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

27.1 mi

415 2nd St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,643. The most common annual income of people living in Ely, MN is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
48%
35k-100k
19%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
2%
Single, with Kids
50%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
10%
18-34 yrs old
51%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dollar GeneralDollar General
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ApplebeesApplebees
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 296 Shady Ln

The listing price of 296 Shady Ln property is $329,000.

The property 296 Shady Ln is a house located in Ely, Minnesota, 55731.

Active Listing: 296 Shady Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 296 Shady Ln are: Washington Elementary School (GreatSchools Rating 7/10), Babbit Elementary School (GreatSchools Rating 4/10), Tower-Soudan Elementary School (GreatSchools Rating 2/10), Memorial Middle School (GreatSchools Rating 4/10), Memorial High School (GreatSchools Rating 8/10), Northeast Range Secondary School (GreatSchools Rating 7/10).

The last sale was on June 9, 2017 for $119,000 (source: MLS/tax record).

The property at 296 Shady Ln has 2 bedrooms and 1 bathroom.

The property 296 Shady Ln is 912 SqFt (source: MLS/tax record).

The year of construction for 296 Shady Ln is 1998.

This home is located at 296 Shady Ln in Ely, MN and zip code 55731. This 912 square foot home, which was built in 1998, sits on a 5.75 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $329,000.

In March 2025 more than 0 listings in Ely, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Ely, MN between February and March 2025 increased by 3.8%. While the average time on the market in March 2025 was 68 days, the median list price was $145,000.

From Rocket Homes Real Estate and based on county public records data.

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