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BoardWalk Premier Realty
2050 Shipman, Ely, MN 55731
- $290,000
- 2
- BD
- 459
- SqFt
- Sold Price
- $290,000
- List Price
- $329,000
- Days on Market
- 135
- Closing Date
- Aug 12, 2026
- MLS#
- 7045366
- Status
- CLOSED
- Type
- Single Family Residential
- Bedrooms
- 2
- Living Area
- 459
- Acres
- 1.75
- Subdivision
- Morse Town Of
- Year Built
- 2012
Property Description
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!
Additional Information
- Subtype
- Single Family
- School District
- Ely
- Appliances
- Range, Refrigerator
- Tax Year
- 2026
- Waterfront Features
- Lake Front
- Fuel
- Other, Propane
- Water Body Name
- Shagawa
- Sewer
- Private Sewer
- Roof
- Asphalt
- Air Conditioning
- None
- Heating
- Space Heater
- Water
- Well
- Basement
- None
- Parking
- None
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Listing courtesy of Z'Up North Realty, Inc..
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.