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!!
For sale
Price cut: $10K (9/17)
$299,000
296 Shady Ln, Ely, MN 55731
2beds
912sqft
Est.:
Single Family Residence
Built in 1998
5.75 Acres Lot
$-- Zestimate®
$328/sqft
$-- HOA
What's special
Scenic pondOverlooking a scenic pondOpen floor planNatural woodworkMain floor bedroom
- 511 days |
- 574 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: September 18, 2025 at 06:01pm
Listed by:
Lori Schulze 218-343-1787,
Keller Williams Classic Realty NW - Ely,
Heather Franciskovich 218-235-3895,
Keller Williams Classic Realty NW - Ely
Source: Lake Superior Area Realtors,MLS#: 6114954
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Kitchen
- Description: Eat in kitchen with dining space
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9 x 12
Living room
- Description: Great room
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9 x 12
Loft
- Description: Loft bedroom
- Level: Upper
- Area: 240 Square Feet
- Dimensions: 10 x 24
Heating
- Fireplace(s), Wood
Features
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Free Standing
Interior area
- Total interior livable area: 912 sqft
- Finished area above ground: 912
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- On waterfront: Yes
- Waterfront features: Pond, Waterfront Access(Private)
- Body of water: Other - See Remarks
- Frontage length: 600
Lot
- Size: 5.75 Acres
- Dimensions: 300 x 800, 50 x 110
Details
- Foundation area: 672
- Parcel number: 28631118045, 28637518270 & 18315
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
Condition
- Previously Owned
- Year built: 1998
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Private Sewer, Mound Septic
- Water: Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $7,400
- Annual tax amount: $1,351
- Date on market: 7/17/2024
- Cumulative days on market: 512 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Price change | $299,000-3.2%$328/sqft |
Source:  Lake Superior Area Realtors #6114954 Report a problem | ||
| 7/14/2025 | Price change | $309,000-3.1%$339/sqft |
Source: Lake Superior Area Realtors #6114954 Report a problem | ||
| 6/28/2025 | Price change | $319,000-3%$350/sqft |
Source: Lake Superior Area Realtors #6114954 Report a problem | ||
| 7/17/2024 | Listed for sale | $329,000+176.5%$361/sqft |
Source: Lake Superior Area Realtors #6114954 Report a problem | ||
| 6/2/2017 | Sold | $119,000$130/sqft |
Source: Lake Superior Area Realtors #6021277 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $46 +4.5% | $7,400 +2.8% |
| 2024 | $44 -70.7% | $7,200 |
| 2023 | $150 -17.6% | $7,200 -64.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,761/mo
Principal & interest
$1469
Property taxes
$187
Home insurance
$105
Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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