$350,000
2050 Shipman Island Ely, MN 55731 - Shagawa Lake
For Sale MLS# 6124158
2 beds 560 sq ft Single Family
Details for 2050 Shipman Island
MLS# 6124158
Description for 2050 Shipman Island, Ely, MN, 55731 - Shagawa Lake
Ely's own Shagawa Lake Shipman Island Cabin, all to yourself! You will find it tucked under some towering pines and rugged rock outcroppings, mesmerizing lake views and nearly 900 ft of shoreline. The picturesque coastline is pure Superior National Forest—no neighbors, just loons, eagles, and the occasional moose who thinks he owns the place. Built in 2012, this cozy 560 sq ft 2BR knotty-pine cabin delivers classic Up North charm. Open layout, lakeside deck connects to the kitchen cabin, and a dock with walk-in swimming area that’s basically your own private beach. In the 1800s this island was the summer escape of one of Ely’s original doctors—proof that even back then, the smart ones knew the best way to make house calls was by boat. (The iron ring is still bolted to the west end which was used to corral logs. Now it just corrals compliments.) Shagawa Lake (2,344 acres, max depth 48 ft) is a DNR walleye factory, the walleye ain't waitin' paddle fast to get this one!
Listing Information
Property Type: Residential, SF/Attached
Status: Active
Bedrooms: 2
Lot Size: 1.75 Acres
Square Feet: 560 sq ft
Year Built: 2012
Stories: 1 Story
Construction: Frame/Wood
County: St. Louis
School Information
District: Ely #696
Room Information
Main Floor
Living Room: 16x16
Kitchen: 11.5x7.5
Bedroom: 10.7x5
Bedroom: 10.7x5
Additonal Room Information
Dining: Combine with Living Room
Bath Description: None
Interior Features
Square Footage above: 560 sq ft
Basement: Stone, None, Wood
Utilities
Sewer: Outhouse, Compost
Heating: Propane, Space/Wall Heater
Exterior / Lot Features
Parking Description: Garage Description - None
Exterior: Wood
Roof: Asphalt Shingles
Lot View: Bay,City Lights,Inland Lake,Panoramic,Typical
Lot Dimensions: 365x150
Additional Exterior/Lot Features: Dock, Tree Coverage - Medium, Island/Peninsula
Waterfront Details
Boat Facilities: Boat Facilities
Standard Water Body: Shagawa Lake
Water Front Features: Inland Lake
Water Frontage Length: 900 Ft.
Driving Directions
via boat from landing on NW side of lake Grant McMahon
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 465-0020-04200
Tax Amount: 1653
Tax Year: 2026
A broker reciprocity listing courtesy: Z' Up North Realty - Andrea Zupancich
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.
Copyright 2026 Duluth Area Association of REALTORS® MLS. All Rights Reserved.
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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 2050 Shipman Island
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2050 Shipman Island
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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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