$589,000

1984 Grant McMahan Blvd, Ely, MN 55731

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$589,000

1984 Grant McMahan Blvd Ely, MN 55731 - Shagawa Lake

Active Contingent MLS# 6120520

3 beds1 baths912 sq ftSingle Family

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Data current as of 08/07/2025 12:10:29

Details for 1984 Grant McMahan Blvd

MLS# 6120520

Description for 1984 Grant McMahan Blvd, Ely, MN, 55731 - Shagawa Lake


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.

Listing Information


Property Type: Residential, SF/Detached

Status: Active Contingent-Other

Bedrooms: 3

Bathrooms: 1

Lot Size: 5 Acres

Square Feet: 912 sq ft

Year Built: 1963

Garage: Yes

Stories: 1 Story

Construction: Concrete Block

County: St. Louis

School Information


District: Ely #696

Room Information


Main Floor

Living Room: 18x11

Bedroom: 12x9

Bedroom: 9x12

Bedroom: 9x9

Kitchen: 9x11

Deck: 10x38

Spa/Sauna: 15x18

Bonus Room: 20x22

Bathrooms

Full Baths: 1

Additonal Room Information

Dining: Informal Dining Room

Bath Description: Full Main Floor

Interior Features


Square Footage above: 912 sq ft

Appliances: Washer, Range/Stove, Refrigerator, Dryer

Basement: Concrete Block, Crawl Space

Additional Interior Features: Sauna, Natural Woodwork

Utilities


Water: Drilled

Sewer: Holding Tank

Cooling: Central

Heating: Boiler

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Garage Description - Detached

Exterior: Cement Board

Roof: Metal

Additional Exterior/Lot Features: Tree Coverage - Medium

Waterfront Details


Standard Water Body: Shagawa Lake

DNR Lake ID: 69006900

Water Front Features: Lake Superior

Water Frontage Length: 700 Ft.

Lake Acres: 2,345

Lake Depth: 48 Ft.

Driving Directions


Located on Grant McMahan

Financial Considerations


Terms: Cash,Conventional,FHA,USDA,VA DVA

Tax/Property ID: 465002002760

Tax Amount: 3954

Tax Year: 2024

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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 1984 Grant McMahan Blvd

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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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