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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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#: 6105842
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
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $750,000-6%$284/sqft |
Source: | ||
| 7/31/2023 | Pending sale | $798,000$302/sqft |
Source: | ||
| 7/20/2023 | Contingent | $798,000$302/sqft |
Source: | ||
| 6/19/2023 | Price change | $798,000-5.6%$302/sqft |
Source: | ||
| 6/1/2023 | Price change | $844,900-6.1%$320/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 8.3 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 9.6 mi

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