3206 Shady Rest
Ely, MN 55731
Map
- 2 beds
- 2 baths
- 1,768 sqft
- ~3 acre lot
- $432 per sqft
- 1992 build
- – on site
Located on the shores of White Iron Lake in Ely, Mn, this stunning property features +/-2.7 acres of well-manicured trails, perennial gardens, and majestic pines. The +/- 240’ of level shoreline provides phenomenal westerly views and great swimming. The beautiful 2-bedroom, 2-bath energy efficient home was built by Barry Bissonette, a well-known log contractor in the area – using only the best building materials for our climate – including red cedar logs from British Columbia and a “polar roof” (extra insulated designed for harsh Alaskan winters). The home features a large living/dining room with a wood burning fireplace, spectacular lake views, main-floor bed and bath, and an updated kitchen with solid surface counters and stainless appliances. The walk-out lower primary suite features in-floor heat, corner wood stove, a built-in desk, and a sitting area with ideal lake views. Private ¾ bath with a sauna plus a laundry/utility room complete the lower level. At the shore you will find a lovely water accessory building, quality dock and boat lift. The 2.5-stall detached garage provides additional storage for all your lake toys! This property comes with a shared boat launch just down the road. Additional acreage and lakeshore are available.
Last checked:
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Last updated Jun 27, 2025
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MLS# 6120378 —
The Building
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Construction Type:Log Home
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Roof:Asphalt Shingles
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Stories:1
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Exterior:Log, Wood
Interior
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Virtual Tour URL:
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Amenities:Ceiling Fans, Hardwood Floors, Natural Woodwork, Sauna, Vaulted Ceilings
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Fireplace:yes
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Fireplaces:2
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Fireplace Type:wood-burning
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Basement Style:Full
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Basement Features:Egress Windows, Finished, Walkout, Bath, Bedrooms, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
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Basement Material:Concrete Block
Financial & Terms
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Potential Short Sale:no
Location
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Latitude:47.879314
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Longitude:-91.776414
The Property
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Subtype:SF/Detached
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Lot Description:landscaped, medium tree coverage, Level
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Amenities-Exterior:Deck, Dock
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View:Inland Lake, Panoramic
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2.69Acres:
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Road Frontage:Private
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Road Maintenance:Association
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Road Between Waterfront and Home:no
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Waterfront Name:White Iron
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Waterfront:yes
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Outbuildings:Boathouse
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Classification:Seasonal Recreational
Listing Agent
- Contact info:
- Agent phone:
- (218) 235-3547
Beds
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Main Floor Bedroom:1
Baths
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Bath Description:3/4 Basement, Full Main Floor
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Main Floor Bath:Yes
Heating & Cooling
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Heat:Baseboard, Fireplace, In Floor, Wood, Electric
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Air Conditioning:Ductless Mini Split
Utilities
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Sewer:Private, Mound
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Water:Private, Drilled
Appliances
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Appliances:Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
Schools
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School District:Lake Superior #381
The Community
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Waterfront Description:Inland Lake
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Waterfront Access:Private
Parking
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Garage Type:Detached
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Parking/Driveway:Driveway - Gravel
Extra Units
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Outbuilding Description:Ranch/Rambler
Monthly cost estimate
Asking price
$765,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,096
|
| Taxes | $369 |
| Insurance | $210 |
| Utilities | $177 See report |
| Total | $4,852/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/27/25
Jun 27, 2025
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Listed / Active | DAAR | $765,000 |
