3216 Shadyrest

$315,000
Last Sold Price
130,680 / 3
Lot Size / Acres

Description

Located on the shores of White Iron Lake in Ely, MN, this stunning property features +/-3 acres of gently sloping land with beautifully manicured trees to the +/-340’ of level shoreline providing a blueberry haven on a ledgerock point with phenomenal westerly views and great swimming. An established driveway is in place offering options for the perfect build site. This property comes with a shared boat launch just down the road.Located on the shores of White Iron Lake in Ely, MN, this stunning property features +/-3 acres of gently sloping land with beautifully manicured trees to the +/-340’ of level shoreline providing a blueberry haven on a ledgerock point with phenomenal westerly views and great swimming. An established driveway is in place offering options for the perfect build site. This property comes with a shared boat launch just down the road.
  1. Listed by Anna Yahnke • Bear Island Realty LLC
    P: (218)-235-3547 ayahnke@bearislandrealty.com
  2. Listed by Kate Davies • Bear Island Realty LLC
    P: (218)-343-9173 kate@bearislandrealty.com

Property Details for 3216 Shadyrest

View
Inland Lake, Panoramic
Waterfront Features
Inland Lake
Waterfront YN
Yes
LISTING UPDATED: 10/23/2025 08:02 PM

Property Details for 3216 Shadyrest

StatusSold
MLS #6121867
Days on Compass10
Taxes$1,570 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
Lot Size3.00 AC
CountyLake County

Location

Listing Courtesy of Bear Island Realty LLC

Sold By Wildwoods Land Company

Add your commute

Building Information for 3216 Shadyrest

Building Size-Lot Size3.00 AC

Payment Calculator

$1,687 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,557

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3216 Shadyrest

Summary
Location and General Information
  • Directions: From Ely, follow Hwy 169E to Kawishiwi Trail, take a right. Follow to Sunset Road, take a right. Follow to Shady Rest, take a right and then at the T take a left to the property address on your right.
  • Latitude: 48
  • Longitude: -92
  • Road Between Waterfront And Home: No
  • Waterfront Access: Private
  • Waterfrontage Feet: 315
  • MLSArea Major: LSAR
  • Road Frontage Type: Dead End/No Outlet, Private Road
  • Road Responsibility: Association Maintained Road, Year Round
Parking
  • Parking Features: Gravel
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association YN: No
  • Parcel Number: 28-6225-01070
  • Tax Annual Amount: $1,570.00
  • Tax Legal Description: Lot 7, Block 1 and an undivided 1/26 interest in Lot 2, Block 1, White Iron's Shady Rest
  • Tax Year: 2025
Property
Lot Information
  • Lot Features: Many Trees, Level
  • Lot Size Acres: 3.0
  • Lot Size Dimensions: 265' x 475'
Property and Assessments
  • Available Development Units: ***
  • Land Access: ***
  • Land Improvements: 1
  • Possession: See Remarks
  • Property Sub Type: Residential
  • Property Type: Land
Utilities
  • Utilities: Electricity Available
  • Water Body Name: White Iron
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2025-09-11
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Minnesota Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 3216 Shadyrest

DateEvent & SourcePriceAppreciation
Oct 23, 2025

Sold

Lake Superior Area REALTORS #6121867

$315,000
Oct 20, 2025

Sold (Public Record)

Public Record #1918618379

$315,000

+10.4% / yr

Sep 20, 2025

Pending

Lake Superior Area REALTORS #6121867

Sep 10, 2025

Listed (Active)

Lake Superior Area REALTORS #6121867

$325,000
May 23, 2025

Off Market

NorthStar #6715550

May 22, 2025

Off Market

NorthStar #6715550

May 22, 2025

Price Change

NorthStar #6715550

$185,000
May 22, 2025

Listed (Active)

NorthStar #6715550

Apr 24, 2019

Sold

Lake Superior Area REALTORS #6080391

$165,000
Apr 13, 2019

Sold (Public Record)

Public Record #1314499517

$165,000
Apr 3, 2019

Pending

Lake Superior Area REALTORS #6080391

Jan 19, 2019

Listed (Active)

Lake Superior Area REALTORS #6080391

$179,900
Dec 31, 2018

Off Market

Lake Superior Area REALTORS #6074540

$195,000
Apr 30, 2018

Listed (Active)

Lake Superior Area REALTORS #6074540

$195,000
Dec 24, 2017

Off Market

Lake Superior Area REALTORS #6029081

$199,000
May 23, 2017

Listed (Active)

Lake Superior Area REALTORS #6029081

$199,000
Dec 11, 2016

Off Market

Lake Superior Area REALTORS #6023200

$205,000
Jun 14, 2016

Listed (Active)

Lake Superior Area REALTORS #6023200

$205,000
Dec 1, 2015

Off Market

Lake Superior Area REALTORS #2309059

$289,000
Jun 5, 2015

Listed (Active)

Lake Superior Area REALTORS #2309059

$289,000
May 30, 2015

Off Market

Lake Superior Area REALTORS #2185520

$308,000
May 26, 2014

Listed (Active)

Lake Superior Area REALTORS #2185520

$308,000
DateEvent & SourcePrice
10/23/2025

Sold

Lake Superior Area REALTORS #6121867

$315,000
10/20/2025

Sold (Public Record)

Public Record #1918618379

$315,000

+10.4% / yr

09/20/2025

Pending

Lake Superior Area REALTORS #6121867

09/10/2025

Listed (Active)

Lake Superior Area REALTORS #6121867

$325,000
05/23/2025

Off Market

NorthStar #6715550

05/22/2025

Off Market

NorthStar #6715550

05/22/2025

Price Change

NorthStar #6715550

$185,000
05/22/2025

Listed (Active)

NorthStar #6715550

04/24/2019

Sold

Lake Superior Area REALTORS #6080391

$165,000
04/13/2019

Sold (Public Record)

Public Record #1314499517

$165,000
04/03/2019

Pending

Lake Superior Area REALTORS #6080391

01/19/2019

Listed (Active)

Lake Superior Area REALTORS #6080391

$179,900
12/31/2018

Off Market

Lake Superior Area REALTORS #6074540

$195,000
04/30/2018

Listed (Active)

Lake Superior Area REALTORS #6074540

$195,000
12/24/2017

Off Market

Lake Superior Area REALTORS #6029081

$199,000
05/23/2017

Listed (Active)

Lake Superior Area REALTORS #6029081

$199,000
12/11/2016

Off Market

Lake Superior Area REALTORS #6023200

$205,000
06/14/2016

Listed (Active)

Lake Superior Area REALTORS #6023200

$205,000
12/01/2015

Off Market

Lake Superior Area REALTORS #2309059

$289,000
06/05/2015

Listed (Active)

Lake Superior Area REALTORS #2309059

$289,000
05/30/2015

Off Market

Lake Superior Area REALTORS #2185520

$308,000
05/26/2014

Listed (Active)

Lake Superior Area REALTORS #2185520

$308,000

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

Public Records for 3216 Shadyrest

Taxable ValueLand$236,700Additions-Total$236,700
Tax Record2025$1,570 ($131 / month)
Home Facts
Beds0Lot Size133,729 SqFtStyleResidentialCountyLAKEAPN28-6225-01070

Schools near 3216 Shadyrest

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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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 Bear Island Realty LLC

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 10/23/2025 08:02 PM