Welcome to 1984 Grant McMahan Ely, MN. This is a 3 bedroom, 1 bath cabin located on highly desirable Shagawa Lake. Stepping onto this property feels like arriving at your own Boundary Waters campsite. The cabin sits on 5 private acres, with 700 ft of shoreline giving this Ely gem the perfect blend of nature and lake home living.
As you stroll through the land, it is easy to notice how unique the property is. The lot is relatively open and flat with a slight slope to the water's edge. As you move East along the shore you will be able to hike a man made trail that takes you through the property’s woods and elevations where you can rest at a vista point to look out over Shagawa.
Inside the cabin, you’ll find an updated 3 bed, 1 bath home with charm and craftsmanship throughout. The custom kitchen cabinets, warm finishes, and approachable layout make it both cozy and functional. The crown jewel is the oversized deck. It is ideal for outdoor dining, relaxing in the sun, or soaking in the sounds of the surrounding wilderness.
Two bonus structures on the land need a little TLC but add value to this property. One is a guest house perfect for an extra bunk room or home office, and a sauna just inches from the shoreline.
Finally, an oversized 2 stall garage provides ample room for all your outdoor gear, boats, and toys. Whether you're looking for a peaceful retreat or a basecamp for adventures, this cabin is a beauty that has it all. Don’t miss this opportunity to own a legacy property just minutes from downtown Ely.
Closed
$614,000
1984 Grant McMahan Blvd, Ely, MN 55731
3beds
912sqft
Single Family Residence
Built in 1963
5 Acres Lot
$626,000 Zestimate®
$673/sqft
$1,647 Estimated rent
Home value
$626,000
$545,000 - $726,000
$1,647/mo
Zestimate® history
Owner options
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$3,875/mo
Est. payment
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$3,875/mo
Est. payment
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List your homeWhat's special
Man made trailOversized deckCustom kitchen cabinets
Zillow last checked:
Listing updated:
Listed by:
Scott Hoefler 773-318-2989,
Side by Side Realty LLC,
Jennifer Hoefler 763-234-0301
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6748987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9x12
Bedroom 2
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Bedroom 3
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Deck
- Level: Main
- Area: 380 Square Feet
- Dimensions: 38x10
Other
- Level: Main
- Area: 440 Square Feet
- Dimensions: 22x20
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Living room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 11x18
Sauna
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range, Refrigerator
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
- Finished area above ground: 912
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Gravel, Open
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (30x24), Garage Door Height (8), Garage Door Width (12)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Lake, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front
- Frontage length: Water Frontage: 700
Lot
- Size: 5 Acres
- Features: Tree Coverage - Medium
Details
- Additional structures: Garage(s), Guest House, Sauna, Storage Shed
- Foundation area: 912
- Parcel number: 465002002760
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Oil
- Sewer: Septic System Compliant - Yes
- Water: Well
Community & HOA
Community
- Subdivision: Morse Town Of
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $673/sqft
- Tax assessed value: $430,400
- Annual tax amount: $3,954
- Date on market: 7/2/2025
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $614,000+4.2%$673/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6748987 Report a problem | ||
| 7/10/2025 | Pending sale | $589,000$646/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6748987 Report a problem | ||
| 7/2/2025 | Listed for sale | $589,000+148%$646/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6748987 Report a problem | ||
| 12/9/2015 | Sold | $237,500$260/sqft |
Source: Agent Provided Report a problem | ||
| 9/4/2015 | Sold | $237,500-18.1%$260/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2272064 Report a problem | ||
| 2/26/2015 | Listing removed | $290,000$318/sqft |
Source: Wildwoods Land Company #6003481 Report a problem | ||
| 2/5/2015 | Listed for sale | $290,000-10.6%$318/sqft |
Source: Wildwoods Land Company #6003481 Report a problem | ||
| 1/3/2015 | Listing removed | $324,500$356/sqft |
Source: Wildwoods Land Company #6001350 Report a problem | ||
| 7/20/2013 | Listed for sale | $324,500$356/sqft |
Source: Wildwoods Land Company #6001350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,954 +3.8% | $430,400 +3.9% |
| 2023 | $3,808 +10.6% | $414,200 +13.8% |
| 2022 | $3,442 +0.8% | $363,900 +22.5% |
| 2021 | $3,416 | $297,000 |
| 2020 | $3,416 | $297,000 |
| 2019 | $3,416 +4.8% | $297,000 +1.3% |
| 2018 | $3,260 -5.9% | $293,100 |
| 2017 | $3,466 +6.3% | $293,100 +7.2% |
| 2016 | $3,260 +6.1% | $273,500 -14.9% |
| 2015 | $3,074 -13.2% | $321,400 |
| 2014 | $3,540 -7.3% | $321,400 -6.3% |
| 2013 | $3,817 +0.9% | $343,100 -4.1% |
| 2012 | $3,782 +18.1% | $357,600 +2.5% |
| 2010 | $3,201 | $349,000 |
| 2009 | $3,201 +10.7% | $349,000 +7.2% |
| 2008 | $2,892 +8.6% | $325,700 +15% |
| 2007 | $2,661 +45% | $283,200 +15% |
| 2006 | $1,836 +13.2% | $246,300 +38.5% |
| 2004 | $1,622 +11.9% | $177,800 +12% |
| 2003 | $1,449 +23% | $158,700 +11.8% |
| 2002 | $1,178 -24.3% | $141,900 +11.9% |
| 2001 | $1,555 +11.2% | $126,800 +10.1% |
| 2000 | $1,399 | $115,200 |
Find assessor info on the county website
Neighborhood: 55731
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Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 7/10Memorial Middle SchoolGrades: 6-8Distance: 2.4 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 2.4 mi
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- Minnesota
- Saint Louis County
- Ely
- 55731
- 1984 Grant McMahan Blvd
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