Southwest facing 3.4 +/- acres and 226 feet of prime Shagawa lakeshore, containing acreage on both the north and south sides of Grant McMahan Blvd. Both sides offer breathtaking elevated panoramic views. The property is ready to enjoy, featuring a 20' diameter yurt with cabinets, pine floors, vinyl & screened windows and a lake-facing deck. The yurt includes cabinets, a microwave, refrigerator, free-standing woodstove, bunk beds, table & chairs, and lamps. Enjoy outdoor time in front of the bonfire area overlooking the lake or in the screened gazebo with views in all directions. The shoreline is friendly for launching a watercraft and for wading into the water, or you can jump off the large dock and use the detachable ladder. Other accessory buildings include a privy, woodshed, outdoor shelter/changing room, and lakeside storage shed. There is a completed 3 bedroom septic site evaluation/design for your future dream home.
Sold for $279,255
$279,255
1776 Grant McMahan Blvd, Ely, MN 55731-1013
1beds
0baths
314sqft
Single Family Residence
Built in 2010
3.4 Acres Lot
$284,900 Zestimate®
$889/sqft
$1,154 Estimated rent
Home value
$284,900
$248,000 - $330,000
$1,154/mo
Zestimate® history
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List your homeWhat's special
Prime shagawa lakeshorePine floorsBreathtaking elevated panoramic viewsVinyl and screened windowsScreened gazeboLake-facing deck
Zillow last checked:
Listing updated:
Listed by:
Patricia Bulinski 218-349-5595,
Bear Island Realty LLC
Bought with:
Jeff Hway, MN 20328116
Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6120403
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
- Main level bedrooms: 1
Living room
- Description: Yurt is 20' in diameter, it offers one room living. Wood stove heat, electricity on site, bunk beds, microwave & fridge. S facing deck.
- Level: Main
- Length: 20 Feet
Heating
- Wood
Appliances
- Included: Microwave, Refrigerator
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Free Standing
Interior area
- Total interior livable area: 314 sqft
- Finished area above ground: 314
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- On waterfront: Yes
- Waterfront features: Inland Lake, Waterfront Access(Private)
- Body of water: Shagawa
- Frontage length: 226
Lot
- Size: 3.4 Acres
- Dimensions: 200 x 590
Details
- Parcel number: 465011000050
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl, Frame/Wood
Condition
- Previously Owned
- Year built: 2010
Utilities & green energy
- Electric: Lake Country Power
- Sewer: Outhouse
- Water: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $889/sqft
- Tax assessed value: $237,500
- Annual tax amount: $2,173
- Date on market: 6/29/2025
- Cumulative days on market: 11 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2025 | Sold | $279,255-2%$889/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6120403 Report a problem | ||
| 7/20/2025 | Pending sale | $284,900$907/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120403 Report a problem | ||
| 7/9/2025 | Contingent | $284,900$907/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120403 Report a problem | ||
| 6/29/2025 | Listed for sale | $284,900+49.2%$907/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120403 Report a problem | ||
| 7/2/2008 | Sold | $191,000+112.2%$608/sqft |
Source: Public Record Report a problem | ||
| 11/4/2002 | Sold | $90,000$287/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,060 +1.2% | $237,500 +9.3% |
| 2023 | $2,036 +11.4% | $217,200 +10.7% |
| 2022 | $1,828 +3.2% | $196,200 +24.6% |
| 2021 | $1,772 | $157,500 |
| 2020 | $1,772 | $157,500 |
| 2019 | $1,772 +53.3% | $157,500 +49.6% |
| 2018 | $1,156 -5.9% | $105,300 |
| 2017 | $1,228 +6.2% | $105,300 +6% |
| 2016 | $1,156 +5.5% | $99,300 -15.3% |
| 2015 | $1,096 -12.9% | $117,300 -1.2% |
| 2014 | $1,258 -12.2% | $118,700 -8.8% |
| 2013 | $1,433 -0.3% | $130,100 -5.3% |
| 2012 | $1,437 +8.1% | $137,400 -1.9% |
| 2011 | $1,329 +6.9% | $140,100 -0.4% |
| 2010 | $1,244 | $140,600 |
| 2009 | $1,244 -38.7% | $140,600 -33.8% |
| 2008 | $2,031 +5% | $212,400 +15% |
| 2007 | $1,934 +16% | $184,700 +16.9% |
| 2006 | $1,667 -2.5% | $158,000 +34.9% |
| 2004 | $1,709 +14.5% | $117,100 +15.7% |
| 2003 | $1,492 +21% | $101,200 +16.1% |
| 2002 | $1,233 -0.8% | $87,200 +16.7% |
| 2001 | $1,242 +6.4% | $74,700 +12.2% |
| 2000 | $1,167 | $66,600 |
Find assessor info on the county website
Neighborhood: 55731
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Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10Memorial Middle SchoolGrades: 6-8Distance: 1.8 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 1.8 mi
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- Minnesota
- Saint Louis County
- Ely
- 55731
- 1776 Grant McMahan Blvd
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