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$279,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Partial Bath
  • 912 Sq. Ft.
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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.

Full Property Details for 296 Shady Ln

General

  • Price: $279,000
  • Taxes: $1,366 (2026)
  • Status: Active
  • Type: Single Family
  • Source: 1402
  • MLS ID: 6124796
  • Updated: 4/29/2026
  • Added to Site: 20 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Free Standing

Rooms

Bathrooms

  • Total Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Location

  • Area: R
  • County: Lake County
  • Driving 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.

School Information

  • High School District: Lake Superior #381

Heating & Cooling

  • Heating Type: Fireplace(s), Wood

Utilities

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

Structural Information

  • Architectural Style: Bungalow
  • Construction: Frame/Wood
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Stories/Levels: 1.25
  • Square Feet: 912
  • Year Built: 1998

Lot Features

  • Lot Size (Acres): 5.75
  • Lot Dimensions: 300 x 800, 50 x 110
  • Development Status: Previously Owned

Water Features

  • Water Front: Yes
  • Water Front Name: Other - See Remarks
  • Water Front Desc.: Pond

Financial Considerations

  • Price Per Sq. Ft.: $305.92
  • Tax Amount: $1,366
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: Lengthy Legal in S18, T63N, R11W
  • Property ID: 28-6311-18045, 28-6375-18270 & 18315

Listed by Keller Williams Classic Realty NW - Ely

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Listing agents

— 296 Shady Ln —

  • Keller Williams Classic Realty NW - Ely

  • Keller Williams Classic Realty NW - Ely

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Schools serving 296 Shady Ln

School District:Lake Superior Public School District
NameGradesDistance
Minnehaha Elementary School
421 7th Street, Two Harbors, MN 55616
PK-563.9 mi
Two Harbors Secondary
1640 Hwy 2 Ste 100, Two Harbors, MN 55616
6-1262.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 296 Shady Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Listed
$279,000
134.45%
MLS
6/02/2017
Sold
$119,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 296 Shady Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$46
119%
$7,400
-65%
2019
$21
—
$21,400
5%
2019
$21
—
$20,400
-12%
2019
$21
-90%
$23,100
—
2018
$215
-13%
$23,100
—
2017
$248
-1%
$23,100
-15%
2016
$251
—
$27,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Classic Realty NW - Ely

296 Shady Ln, Ely, MN 55731 (MLS# 6124796) is a Single Family property with 2 bedrooms, 0 full bathrooms and 1 partial bathroom. 296 Shady Ln is currently listed for $279,000 and was received on April 28, 2026. Want to learn more about 296 Shady Ln? Do you have questions about finding other Single Family real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.

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