$975,000
1852 Grant McMahan Blvd Ely, MN 55731 - Shagawa Lake
For Sale MLS# 6124264
3 beds 2 baths 2,460 sq ft Single Family
Details for 1852 Grant McMahan Blvd
MLS# 6124264
Description for 1852 Grant McMahan Blvd, Ely, MN, 55731 - Shagawa Lake
Privately spanning two parcels on a secluded 27.5-acre wooded peninsula, this extraordinary Shagawa Lake property offers an almost unheard-of 2,700+ feet of southwest-facing shoreline, a scale of waterfront ownership rarely available and nearly impossible to replicate today. With panoramic sunset views, towering pines, and complete privacy just five miles from Ely, this is a true Northwoods legacy property. The centerpiece of this property is a well-built, year-round three-bedroom, two-bathroom home designed for comfort and a strong connection to its surroundings. The spacious living room features vaulted ceilings, a propane fireplace, and floor-to-ceiling windows that frame stunning lake views. Skylights bring in natural light, while rich wood finishes add warmth and character. The kitchen is both stylish and functional, with granite countertops, a tile backsplash, and a center island. Sliding doors lead to a large lakeside deck, perfect for outdoor dining and relaxation. The dining room showcases oak flooring, a bay window, and an open layout ideal for gatherings. Upstairs, three well-appointed bedrooms offer picturesque lake views, with the primary bedroom featuring a private deck. The lower level includes a comfortable entertainment room with custom built-ins, a freestanding propane fireplace, and plenty of space to unwind. Outside, the 2700+ feet of shoreline transitions gracefully between sandy, level beaches and dramatic rock ridges, creating a landscape as diverse as it is beautiful. A 36x40 three-stall garage with steel siding provides ample storage. Modern utilities, including a drilled well and an inspected septic system, ensure ease of ownership. A rare opportunity to acquire a truly private Northwoods year-round retreat on one of Ely’s most sought-after lakes. Properties of this size and shoreline seldom come available.
Listing Information
Property Type: Residential, SF/Attached
Status: Active
Bedrooms: 3
Bathrooms: 2
Lot Size: 27.50 Acres
Square Feet: 2,460 sq ft
Year Built: 1976
Garage: Yes
Stories: 2 Story
Construction: Frame/Wood,Other - See Remarks
County: St. Louis
School Information
District: Ely #696
Room Information
Main Floor
Living Room: 19x13
Kitchen: 15x13
Dining Room: 13x12
Laundry Room: 12x9
Bathroom: 16x8
Upper Floor
Bedroom: 14x10
Bedroom: 17x15
Bedroom: 11x11
Bathroom: 8x6
Lower Floor
Great Room: 29x25
Utility Room: 29x14
Bathrooms
Full Baths: 1
3/4 Baths: 1
Additonal Room Information
Other: Entry (13x7)
Dining: Breakfast Bar,Formal Dining Room
Bath Description: 3/4 Main Floor,Full Upper
Interior Features
Square Footage above: 1,840 sq ft
Square Footage below: 620 sq ft
Appliances: Washer, Microwave, Range/Stove, Refrigerator, Dishwasher, Dryer, Exhaust Fan/Hood, Freezer
Basement: Finished, Partial, Poured Concrete, Full, Concrete Block
Fireplaces: Gas
Additional Interior Features: Vaulted Ceilings, Ceiling Fans, Kitchen Center Island, Hardwood Floors, Skylight, Natural Woodwork, Tiled Floors, Walk-In Closet, Mechanicals - Fuel Tank-Owned,Fuel Tank-Rented,Water Filtration System,Water Softener-Owned,Sump Pump
Utilities
Water: Private, Drilled
Sewer: Private, Mound
Cooling: Ductless Mini Split
Heating: Hot Water, Fireplace, Baseboard, Boiler
Exterior / Lot Features
Garage Spaces: 3
Parking Description: Garage Door Opener, Garage Description - Detached
Exterior: Steel
Roof: Metal
Lot View: Inland Lake,City Lights
Lot Dimensions: Irregular
Additional Exterior/Lot Features: Deck, Balcony, Accessible Shoreline, Tree Coverage - Heavy, Road Frontage - Private
Out Buildings: Kennel, Storage Shed
Waterfront Details
Standard Water Body: Shagawa Lake
DNR Lake ID: 69006900
Water Front Features: Inland Lake
Water Frontage Length: 2,730 Ft.
Lake Acres: 2,345
Lake Depth: 48 Ft.
Driving Directions
Highway 169 East to County Road 88/Grant McMahan. Turn onto County Road 88/Grant McMahan and follow approx. 3.5 miles to the address. Turn left onto the private driveway and continue to the end, where you'll find the garage and house.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 465002002962, 465002002960
Tax Amount: 10975
Tax Year: 2026
A broker reciprocity listing courtesy: Engel & Volkers Lake Minnetonka - Abby Andrusko
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Duluth Area Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Duluth Area Association of REALTORS® MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1852 Grant McMahan Blvd
Sales History
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Tax Summary
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Schools
Schools nearby 1852 Grant McMahan Blvd
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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