For Sale: Ely MLS# 7045066
Active
NEW!
$280,000
Lot/Land: Lot/Land
1.112 acres
Yellow Medicine East schools
MLS# 7045066
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Property Description
Build your Northwoods dream on this beautiful lake lot on sought-after Shagawa Lake in Ely! This exceptional property features a rare sandy shoreline, perfect for enjoying long summer days in the water and bonfires. Towering mature pine trees provide a classic Up North setting along with natural privacy and breathtaking scenery. Conveniently located on a paved road with electric, city water, and sewer available at the road, this 1.1 acre homesite with 180' of shoreline offers an ideal combination of rustic charm and modern convenience—making the building process that much easier. Shagawa Lake is known for its clear waters, excellent fishing, and direct access to Ely’s shops, dining, and outdoor recreation, as well as close proximity to the Boundary Waters Canoe Area Wilderness. Whether you're looking to build a seasonal retreat or a year-round home, this property offers the perfect place to enjoy everything Northern Minnesota has to offer.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$280,000
Property Type:
Lot/Land
City:
Ely
County:
St. Louis
State:
MN
Property Style:
Lot/Land
Zip Code:
55731
Subdivision Name:
Shagawa Pines
Lake & Waterfront
Waterfront View:
Panoramic
WF Frontage:
180
Waterfront:
Lake Front
Lot & Land
Acres:
1.112
Geolocation:
47.913875, -91.848082
Inclusions:
Survey
Lot Dimensions:
261 x 176
Restrictions:
Open
Zoning:
Residential-Single Family
Farm
Topography:
Rolling
Schools
School District:
2190
District Phone:
2183656166
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,776
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,930
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Plat Designed
Improvements:
None
Available Utilities:
- Electricity Available
- None Connected
- Sewer Available
- Water Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of BIC Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.