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For sale
  • Price cut: $100K (6/30)
    $1,150,000

    1852 Grant McMahan Blvd, Ely, MN 55731

    3beds
    2,460sqft
    : 
    Single Family Residence
    Built in 1976
    27.5 Acres Lot
    $1,084,000 Zestimate®
    $467/sqft
    $-- HOA

    What's special

    Freestanding propane fireplaceCenter islandOak flooringPropane fireplacePicturesque lake viewsStunning lake viewsBreathtaking sunsets
    Set on a secluded 27.5-acre wooded peninsula, this Shagawa Lake property offers a rare combination of space, natural beauty, and lakefront living. With 2,800 feet of southwest-facing shoreline, you can take in breathtaking sunsets, towering pines, and the sounds of nature—just five miles from Ely. 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 2800 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. Shagawa Lake is a year-round destination. Whether you're looking for a secluded retreat, a full-time residence, or a long term investment, this Northwoods property is a rare find.
    199 days
    on Zillow
    |
    900
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 06:01pm

    Listed by:

    Abby Andrusko 612-581-7787,

    Engel & Volkers Lake Minnetonka

    Source: Lake Superior Area Realtors,MLS#: 6117711MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1852 Grant McMahan Blvd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Description: Serene primary suite with oak floors, large closet & a private 14x13 lakeside deck capturing both southwest & east lake views. Split air conditioner.
    • Level: Upper
    • Area: 140 Square Feet
    • Dimensions: 10 x 14
    Bedroom
    • Description: Large bedroom with oak floors, walk-in closet & reading nook. Split air conditioner.
    • Level: Upper
    • Area: 255 Square Feet
    • Dimensions: 15 x 17
    Bedroom
    • Description: Generous closet & ceiling fan.
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11 x 11
    Bathroom
    • Description: Thoughtfully designed bathroom with separate cedar-lined shower room, tile flooring, and sauna-ready infrastructure.
    • Level: Main
    • Area: 128 Square Feet
    • Dimensions: 8 x 16
    Bathroom
    • Description: Bath retreat featuring a soothing jetted tub/shower surrounded by tile. Distinctive glass block detail adds natural light.
    • Level: Upper
    • Area: 48 Square Feet
    • Dimensions: 6 x 8
    Dining room
    • Description: Versatile dining space with rich wood floors & bay window overlooking the lake. Flooded with morning light.
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 12 x 13
    Entry hall
    • Description: Extra freezer/refrigerator & built-in storage.
    • Area: 91 Square Feet
    • Dimensions: 7 x 13
    Great room
    • Description: Spacious great room with game space, TV area, carpet, propane fireplace, custom built-ins & a walkout design for plenty of natural light.
    • Level: Lower
    • Area: 725 Square Feet
    • Dimensions: 25 x 29
    Kitchen
    • Description: Elegant kitchen island with seating for two, granite counters and tile backsplash. Patio doors open to lakefront deck, flooding the space with light.
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 13 x 15
    Laundry
    • Description: Spacious laundry & crafting haven featuring generous storage cabinets, dedicated work counter & large closet for all your creative supplies.
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9 x 12
    Living room
    • Description: Cozy & bright with skylights, a propane fireplace & panoramic lake views through expansive southwest facing windows.
    • Level: Main
    • Area: 247 Square Feet
    • Dimensions: 13 x 19
    Utility room
    • Description: Unfinished basement space with ample storage, a dedicated workspace, mechanicals, and pantry storage—all set on a sturdy ledge rock foundation.
    • Level: Lower
    • Area: 406 Square Feet
    • Dimensions: 14 x 29
    Heating
    • Baseboard, Boiler, Fireplace(s), Hot Water
    Cooling
    • Ductless
    Appliances
    • Included: Water Filtration System, Water Softener-Owned, Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
    • Laundry: Main Level, Dryer Hook-Ups, Washer Hookup
    Features
    • Ceiling Fan(s), Kitchen Island, Natural Woodwork, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Hardwood Floors, Tiled Floors
    • Windows: Skylight(s)
    • Basement: Full,Partial,Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 2,460 sqft
    • Finished area above ground: 1,840
    • Finished area below ground: 620

    Property

    Parking
    • Total spaces: 3
    • Parking features: Asphalt, Gravel, Detached
    • Garage spaces: 3
    Features
    • Levels: Multi-Level
    • Patio & porch: Deck
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Inland Lake, City Lights
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Rocky, Sand, Undeveloped)
    • Body of water: Shagawa
    • Frontage length: 2800
    Lot
    • Size: 27.5 Acres
    • Features: Accessible Shoreline, Many Trees
    • Residential vegetation: Heavily Wooded
    Details
    • Additional structures: Kennels, Storage Shed
    • Parcel number: 465002002962, 465002002960
    • Other equipment: Fuel Tank-Owned, Fuel Tank-Rented

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Steel Siding, Frame/Wood, Other - See Remarks
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Year built: 1976

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer, Mound Septic
    • Water: Private, Drilled

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $467/sqft
    • Tax assessed value: $680,700
    • Annual tax amount: $9,637
    • Date on market: 2/5/2025
    • Listing terms: Cash,Conventional
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