Experience lakefront luxury on coveted Ely Lake in Northern Mn! This beautifully renovated 5 bedrm (2 LL non egress), 3bth home sits on a private 2-acre setting w/85' of shoreline and serene lake views. Step inside to soaring vaulted ceilings & a stunning chef's kitchen w/ a massive island, abundant cabinetry, built-in ovens, gas range, & SS appliances-all opening seamlessly to the dining room & living rm. A cozy sitting rm off the kitchen adds for relaxation and entertaining. The main level primary suite includes a spacious walk-in closet and private ensuite bth. The upper level overlooks main floor and showcases amazing lake views, plus 2 bedrms and full bth. The walkout LL adds more versatility w/rec rm, sauna, 2 non egress bedrms and kitchen area leading to attached garage. Outside, a detached 24x36 garage for all your storage needs, and a charming boathouse at water's edge w/guest quarters. Incredible privacy, beautiful updates, and exceptional lakeshore-make this retreat yours!
For sale
$975,000
4426 Shady Ln, Eveleth, MN 55734
3beds
4,150sqft
Est.:
Single Family Residence
Built in 1975
1.84 Acres Lot
$-- Zestimate®
$235/sqft
$-- HOA
What's special
Exceptional lakeshoreMassive islandAttached garageSerene lake viewsSoaring vaulted ceilingsMain level primary suiteSs appliances
- 17 days |
- 1,332 |
- 53 |
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 05:01pm
Listed by:
Sherry Anderson 218-753-8985,
Vermilion Land Office, Inc
Source: Lake Superior Area Realtors,MLS#: 6123026
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Sunrm/Solarium
Bedroom
- Level: Main
- Area: 378 Square Feet
- Dimensions: 13.5 x 28
Bedroom
- Level: Upper
- Area: 251.6 Square Feet
- Dimensions: 13.6 x 18.5
Bedroom
- Level: Upper
- Area: 163.75 Square Feet
- Dimensions: 12.5 x 13.1
Family room
- Level: Lower
- Area: 362.4 Square Feet
- Dimensions: 15.1 x 24
Kitchen
- Level: Main
- Area: 441.21 Square Feet
- Dimensions: 19.1 x 23.1
Living room
- Description: Combination with Dining Room
- Level: Main
- Area: 495 Square Feet
- Dimensions: 15 x 33
Sun room
- Level: Main
- Area: 182.24 Square Feet
- Dimensions: 13.4 x 13.6
Heating
- Dual Fuel/Off Peak, Forced Air, Propane, Electric
Cooling
- Central Air
Appliances
- Included: Water Heater-Electric, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Kitchen Island, Sauna, Walk-In Closet(s)
- Basement: Full,Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Fireplace,Kitchen
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Basement
Interior area
- Total interior livable area: 4,150 sqft
- Finished area above ground: 3,026
- Finished area below ground: 1,124
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Attached, Detached
- Attached garage spaces: 3
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Inland Lake, Bay
- Has water view: Yes
- Water view: Lake,Bay
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Shore-Accessible)
- Body of water: Ely
- Frontage length: 85
Lot
- Size: 1.84 Acres
- Dimensions: 389 x 161
- Features: Accessible Shoreline, Landscaped, Tree Coverage - Light
Details
- Additional structures: Boat House, Storage Shed
- Foundation area: 696
- Parcel number: 340018000185, 340019000040
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Brick, Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1975
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Public Sewer
- Water: Private, Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Eveleth
Financial & listing details
- Price per square foot: $235/sqft
- Tax assessed value: $705,500
- Annual tax amount: $8,267
- Date on market: 11/25/2025
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Listed for sale | $975,000$235/sqft |
Source: Range AOR #149338 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,488 -4.9% | $705,500 |
| 2023 | $8,926 +22.2% | $705,500 +0.2% |
| 2022 | $7,302 +8.7% | $704,200 +31% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,838/mo
Principal & interest
$4676
Property taxes
$821
Home insurance
$341
Climate risks
Neighborhood: 55734
Nearby schools
GreatSchools rating
- NAFranklin ElementaryGrades: K-4Distance: 2.4 mi
- 5/10VIRGINIA HIGH SCHOOLGrades: 7-12Distance: 5.9 mi
- Loading
- Loading
