Beautiful Shagawa Lake parcel located on the west end in Olson Bay. This private lake lot features +/- 4.87 acres with 265' of shoreline and fantastic lake views. The driveway is built and leads to the cleared building site and parking area. There are two trails down to the lake and a dock is being installed. Gently sloped shoreline and great privacy! RV & boats negotiable.
Lot/land
$325,000
Olson Bay Trl, Ely, MN 55731
--beds
--baths
4.87Acres
Unimproved Land
Built in ----
4.87 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 596 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 06:01pm
Listed by:
Kate Davies 218-343-9173,
Bear Island Realty LLC,
Anna Yahnke 218-235-3547,
Bear Island Realty LLC
Source: Lake Superior Area Realtors,MLS#: 6121227

Travel times
Facts & features
Property
Parking
- Parking features: Gravel
Features
- Has view: Yes
- View description: Inland Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private)
- Body of water: Shagawa
- Frontage length: 265
Lot
- Size: 4.87 Acres
- Dimensions: 265 x 1000
- Features: High, Rolling Slope
Details
- Additional structures: Other
- Parcel number: 465002002714
Utilities & green energy
- Electric: Lake Country Power
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Annual tax amount: $1,678
- Date on market: 8/9/2025
- Listing terms: Cash,Conventional
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