296 Shady Ln

$299,000
Price
2
Beds
912 Sq. Ft.
$328 / Sq. Ft.
912
Sq. Ft.
$328
per Sq. Ft.

Description

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...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!
  1. Listed by Lori Schulze • Keller Williams Classic Realty NW - Ely
    P: (218)-343-1787 lorischulze@kw.com
  2. Listed by Heather Franciskovich • Keller Williams Classic Realty NW - Ely
    P: (218)-235-3895 hfranciskovich@kw.com

Property Details for 296 Shady Lane

Architectural Style
Bungalow
Waterfront Features
Pond
Waterfront YN
Yes
LISTING UPDATED: 09/18/2025 08:01 PM

Property Details for 296 Shady Lane

StatusActive
MLS #6114954
Days on Compass535
Taxes$1,351 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1998
Lot Size5.75 AC / 250,470 SF
CountyLake County

Location

Listing Courtesy of Keller Williams Classic Realty NW - Ely
Add your commute

Building Information for 296 Shady Lane

Stories1Year Built1998Building Size-Lot Size5.75 AC / 250,470 SF

Payment Calculator

$1,590 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,477

Property Taxes

$113

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 296 Shady Lane

Summary
Location and General Information
  • 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.
  • Latitude: 48
  • Longitude: -92
  • Road Between Waterfront And Home: No
  • Waterfront Access: Private
  • Waterfrontage Feet: 600
  • MLSArea Major: LSAR
Parking
  • Garage Spaces: 0.0
  • Garage Type: None
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 1436
  • Parcel Number: 28-6311-18045, 28-6375-18270 & 18315
  • Tax Annual Amount: $1,351.00
  • Tax Legal Description: Lengthy Legal in S18, T63N, R11W
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Finished Area: 912.0
  • Below Grade Finished Area: 0.0
  • Living Area: 912.0
  • Lot Size Acres: 5.75
  • Lot Size Dimensions: 300x800, 50x110
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 28x24
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 85
  • Land Access: ***
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 1998
Utilities
  • Sewer: Private Sewer, Mound Septic
  • Water Body Name: Other - See Remarks
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Foundation Details: N/A
  • Stories Total: 1
Interior Features
  • Basement: Crawl Space
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Fireplace Features: Free Standing
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Fireplace(s), Wood
  • Bath Description: 3/4 Main Floor
  • Main Floor Bedroom: 1
Room Information
Room 1
  • RoomDescription: Great room
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 9.0
Room 2
  • RoomDescription: Eat in kitchen with dining space
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 9.0
Room 3
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Room 4
  • RoomDescription: Loft bedroom
  • RoomLength: 24.0
  • RoomLevel: Upper
  • RoomType: Loft
  • RoomWidth: 10.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2024-07-17
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 296 Shady Lane

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Price Change

Lake Superior Area REALTORS #6114954

$299,000—
Jul 16, 2024

Listed (Active)

Lake Superior Area REALTORS #6114954

$329,000—
Jun 2, 2017

Sold (Public Record)

Public Record #1261425316

$119,000—
Jun 2, 2017

Sold

Lake Superior Area REALTORS #6021277

$119,000—
Jun 2, 2017

Sold (Public Record)

Public Record #1261425318

$119,000—
Mar 13, 2017

Pending

Lake Superior Area REALTORS #6021277

—
Apr 5, 2016

Listed (Active)

Lake Superior Area REALTORS #6021277

$119,000—
Dec 12, 2015

Off Market

Lake Superior Area REALTORS #2195400

$129,900—
Jun 11, 2014

Listed (Active)

Lake Superior Area REALTORS #2195400

$139,900—
Sep 30, 2011

Off Market

Lake Superior Area REALTORS #1274177

$169,900—
Aug 7, 2009

Listed (Active)

Lake Superior Area REALTORS #1274177

$194,500—
DateEvent & SourcePrice
09/16/2025

Price Change

Lake Superior Area REALTORS #6114954

$299,000
07/16/2024

Listed (Active)

Lake Superior Area REALTORS #6114954

$329,000
06/02/2017

Sold (Public Record)

Public Record #1261425316

$119,000
06/02/2017

Sold

Lake Superior Area REALTORS #6021277

$119,000
06/02/2017

Sold (Public Record)

Public Record #1261425318

$119,000
03/13/2017

Pending

Lake Superior Area REALTORS #6021277

—
04/05/2016

Listed (Active)

Lake Superior Area REALTORS #6021277

$119,000
12/12/2015

Off Market

Lake Superior Area REALTORS #2195400

$129,900
06/11/2014

Listed (Active)

Lake Superior Area REALTORS #2195400

$139,900
09/30/2011

Off Market

Lake Superior Area REALTORS #1274177

$169,900
08/07/2009

Listed (Active)

Lake Superior Area REALTORS #1274177

$194,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 296 Shady Lane

Taxable ValueLand$52,400Additions$130,600Total$183,000
Tax Record2025$1,312 ($109 / month)
Home Facts
Beds2Total Finished SqFt672 SqFtAbove Grade Finished SqFt672 SqFtStories2Lot Size87,120 SqFtStyleMiscellaneous ResidentialYear Built1999Year Renovated2005CountyLAKEAPN28-6311-18045Fireplace TypeHas Fireplace

Schools near 296 Shady Lane

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
William Kelley Elementary School
PublicPK to 6

Kelley Secondary
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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296 Shady Lane is a single family home for sale in Ely, MN 55731. This property was listed for sale on July 16, 2024 by Keller Williams Classic Realty NW - Ely, it's currently listed at $299,000. It has been on the market for a total of 535 days and was last sold on June 2, 2017. This listing's school district is Lake Superior Public School Dist.. Nearby schools include William Kelley Elementary School and Kelley Secondary. 296 Shady Lane is a 2-bed, 1-bath, 912 sqft single family home built in 1998.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Classic Realty NW - Ely

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 09/18/2025 08:01 PM