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Sold for $750,000 on 08/25/23
  • $750,000

    3845 Swanson Shores Rd, Ely, MN 55731

    3beds
    2,643sqft
    Single Family Residence
    Built in 1990
    1 Acres Lot
    $895,600 Zestimate®
    $284/sqft
    $2,867 Estimated rent

    Home value

    $895,600

    $815,000 - $994,000

    $2,867/mo

    Zestimate® history
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    $4,552/mo

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    What's special

    Private 3 BR, 3 BA log home on idyllic crystal-clear Eagles Nest Lake 3. The pine studded 1-acre lot is very gently sloped to the 200’ of level west facing shoreline. Main level features large main bedroom with en suite and laundry, an additional ¾ bath, kitchen combined with dining room, and a large living room with vaulted ceilings and exquisite stone wood-burning fireplace. The upper level provides additional sleeping space and features large closets and views of the lake. The finished walkout basement features a third bedroom, rec/family room with wood burning stove, laundry/utility room, a full bath and sauna. Multiple decks for enjoying the stunning Northwoods. Large 2-stall heated garage with multiple storage areas and a woodshed. Black top drive and beautiful landscaping with low maintenance in mind. Extremely quiet area with state park just across the road and located just 15 minutes to Ely or Tower with easy access to area trail systems.

    Zillow last checked: 8 hours ago

    Listing updated: September 08, 2025 at 04:13pm

    Listed by:

    Kate Davies 218-343-9173,

    Bear Island Realty LLC,

    Anna Yahnke 218-235-3547,

    Bear Island Realty LLC

    Bought with:

    Nonmember NONMEMBER

    Nonmember Office

    Source: Lake Superior Area Realtors,MLS#: 6105842MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Description: 1/2 Bath, Stacked Laundry
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 13 x 18
    Bedroom
    • Level: Second
    • Area: 252 Square Feet
    • Dimensions: 18 x 14
    Bedroom
    • Level: Lower
    • Area: 165 Square Feet
    • Dimensions: 15 x 11
    Kitchen
    • Description: W/ Dining Room
    • Level: Main
    • Area: 255 Square Feet
    • Dimensions: 15 x 17
    Living room
    • Level: Main
    • Area: 425 Square Feet
    • Dimensions: 25 x 17
    Rec room
    • Level: Lower
    • Area: 289 Square Feet
    • Dimensions: 17 x 17
    Sauna
    • Level: Lower
    Utility room
    • Description: w/ Laundry Room
    • Level: Lower
    • Area: 198 Square Feet
    • Dimensions: 18 x 11
    Heating
    • Dual Fuel/Off Peak, Wood, Propane, Electric
    Appliances
    • Included: Water Heater-Electric, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Eat In Kitchen, Natural Woodwork, Sauna, Vaulted Ceiling(s)
    • Flooring: Hardwood Floors
    • Doors: Patio Door
    • Windows: Double Glazed, Energy Windows, Wood Frames
    • Basement: Full,Egress Windows,Finished,Walkout,Bath,Bedrooms,Fireplace,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Basement
    Interior area
    • Total interior livable area: 2,643 sqft
    • Finished area above ground: 1,635
    • Finished area below ground: 1,008

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Detached, Heat, Slab
    • Garage spaces: 2
    Features
    • Exterior features: Dock
    • Has view: Yes
    • View description: Inland Lake, Panoramic
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Sand)
    • Body of water: Eagles Nest 3
    • Frontage length: 200
    Lot
    • Size: 1 Acres
    • Dimensions: 200 x 250
    • Features: Accessible Shoreline, Many Trees, Level
    • Residential vegetation: Heavily Wooded
    Details
    • Additional structures: Lean-To, Storage Shed
    • Parcel number: 317018000290

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log
    • Property subtype: Single Family Residence
    Materials
    • Log, Log Home
    • Foundation: Other
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 1990

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer
    • Water: Drilled
    • Utilities for property: DSL, Satellite

    Community & neighborhood

    Location
    • Region: Ely

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/25/2023Sold$750,000-6%$284/sqft
    Source: Lake Superior Area Realtors #6105842
    7/31/2023Pending sale$798,000$302/sqft
    Source: Lake Superior Area Realtors #6105842
    7/20/2023Contingent$798,000$302/sqft
    Source: Lake Superior Area Realtors #6105842
    6/19/2023Price change$798,000-5.6%$302/sqft
    Source: Lake Superior Area Realtors #6105842
    6/1/2023Price change$844,900-6.1%$320/sqft
    Source: Lake Superior Area Realtors #6105842

    Public tax history

    YearProperty taxesTax assessment
    2013$3,538 +1.9%$348,400
    2012$3,473 +2.8%$348,400
    2011$3,377 +2%$348,400 -10.7%

    Find assessor info on the county website

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating
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