Sold for $819,000

$819,000

4426 Shady Ln, Eveleth, MN 55734

3beds

4,150sqft

Single Family Residence

Built in 1975

1.84 Acres Lot

$844,800 Zestimate^®

$197/sqft

$2,573 Estimated rent

Home value

$844,800

$803,000 - $887,000

$2,573/mo

Zestimate^® history

Owner options

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$2,573/mo

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$2,573/mo

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$4,193/mo

Est. payment

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$4,193/mo

Est. payment

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What's special

Exceptional lakeshoreMassive islandAttached garageSerene lake viewsSoaring vaulted ceilingsMain level primary suiteSs appliances

Experience lakefront luxury on coveted Ely Lake in Northern Mn! This beautifully renovated 5 bedrm (2 LL non egress), 3bth home sits on a private 2-acre setting w/85' of shoreline and serene lake views. Step inside to soaring vaulted ceilings & a stunning chef's kitchen w/ a massive island, abundant cabinetry, built-in ovens, gas range, & SS appliances-all opening seamlessly to the dining room & living rm. A cozy sitting rm off the kitchen adds for relaxation and entertaining. The main level primary suite includes a spacious walk-in closet and private ensuite bth. The upper level overlooks main floor and showcases amazing lake views, plus 2 bedrms and full bth. The walkout LL adds more versatility w/rec rm, sauna, 2 non egress bedrms and kitchen area leading to attached garage. Outside, a detached 24x36 garage for all your storage needs, and a charming boathouse at water's edge w/guest quarters. Incredible privacy, beautiful updates, and exceptional lakeshore-make this retreat yours!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1
1/2 bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Sunrm/Solarium

Bedroom

Level: Main
Area: 378 Square Feet
Dimensions: 13.5 x 28

Bedroom

Level: Upper
Area: 251.6 Square Feet
Dimensions: 13.6 x 18.5

Bedroom

Level: Upper
Area: 163.75 Square Feet
Dimensions: 12.5 x 13.1

Family room

Level: Lower
Area: 362.4 Square Feet
Dimensions: 15.1 x 24

Kitchen

Level: Main
Area: 441.21 Square Feet
Dimensions: 19.1 x 23.1

Living room

Description: Combination with Dining Room
Level: Main
Area: 495 Square Feet
Dimensions: 15 x 33

Sun room

Level: Main
Area: 182.24 Square Feet
Dimensions: 13.4 x 13.6

Heating

Dual Fuel/Off Peak, Forced Air, Propane, Electric

Cooling

Central Air

Appliances

Included: Water Heater-Electric, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Features

Kitchen Island, Sauna, Walk-In Closet(s)
Basement: Full,Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Fireplace,Kitchen
Number of fireplaces: 2
Fireplace features: Wood Burning, Basement

Interior area

Total interior livable area: 4,150 sqft
Finished area above ground: 3,026
Finished area below ground: 1,124

Property

Parking

Total spaces: 3
Parking features: Asphalt, Attached, Detached
Attached garage spaces: 3

Features

Patio & porch: Deck
Has view: Yes
View description: Inland Lake, Bay
Has water view: Yes
Water view: Lake,Bay
Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Shore-Accessible)
Body of water: Ely
Frontage length: 85

Lot

Size: 1.84 Acres
Dimensions: 389 x 161
Features: Accessible Shoreline, Landscaped, Tree Coverage - Light

Details

Additional structures: Boat House, Storage Shed
Foundation area: 696
Parcel number: 340018000185, 340019000040

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Brick, Wood, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1975

Utilities & green energy

Electric: Lake Country Power
Sewer: Public Sewer
Water: Private, Drilled

Community & HOA

HOA

Has HOA: No

Location

Region: Eveleth

Financial & listing details

Price per square foot: $197/sqft
Tax assessed value: $803,400
Annual tax amount: $9,269
Date on market: 11/25/2025
Cumulative days on market: 59 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
3/30/2026	Sold	$819,000-8.5%$197/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123026 Report a problem
1/22/2026	Pending sale	$895,000$216/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6123026 Report a problem
1/7/2026	Price change	$895,000-8.2%$216/sqft
Source: Range AOR #149338 Report a problem
11/24/2025	Listed for sale	$975,000$235/sqft
Source: Range AOR #149338 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,332 -1.8%	$803,400 +13.9%
2024	$8,488 -4.9%	$705,500
2023	$8,926 +22.2%	$705,500 +0.2%
2022	$7,302 +8.7%	$704,200 +31%
2021	$6,716	$537,500 +12.8%
2020	$6,716	$476,400
2019	$6,716 +14.5%	$476,400 +1.9%
2018	$5,865 -1%	$467,400
2017	$5,926 +1%	$467,400 +9.7%
2016	$5,865 +4.8%	$426,100 -1.8%
2015	$5,594 -3.4%	$433,800
2014	$5,792 +7.6%	$433,800
2013	$5,382 +12.6%	$433,800 +9.5%
2012	$4,780 +14.9%	$396,100 -0.4%
2011	$4,161 -10%	$397,500 -9.2%
2010	$4,624	$437,900
2009	$4,624 -10.2%	$437,900 +1%
2008	$5,147 -0.3%	$433,500 +5.3%
2007	$5,165 +7.5%	$411,800 +11%
2006	$4,803 -8.6%	$370,900 +8.4%
2004	$5,255 +5.7%	$342,300 +12%
2003	$4,971 +19.1%	$305,600 +10%
2002	$4,174 -19.9%	$277,800 +8.5%
2001	$5,212 +8%	$256,000
2000	$4,828	$256,000