$710,000
 $3,811 est/mo Sourced by Back At You

1756 Grant Mcmahan Boulevard,Ely, MN 55731

Ely, MN 55731

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Description

Newly remodeled with a casual elegant easy feel, this 2,854 sq ft home rests on 211 feet of south-facing shorelinegradual, inviting, and among the finest views on the lake. From nearly every room, light and water unfolds as sunsets pour through Marvin windows into the lakefront living room, while the updated kitchen with island opens through glass doors onto a lakeside deck. The main level offers a serene primary suite with private ¾ bath, two additional bedrooms, and a full bath. Below, the walkout level holds unlimited possibilities: a second master suite, flexible rec or game room, workshop, you name it, and of course - a private lakeside patio. A 2½-stall garage, central air, beautiful yard, reliable internet, and a dock complete the picture. Just miles from Ely and the edge of the Boundary Waters yet set back on a paved drive off a quiet paved road. Shagawa holds some of area’s finest walleye and you can fish almost year-round. Fantastic swimming, kayaking, and fishing begin at the dock. A rare and graceful lakeside home, ready for every season.

Details

MLS #7124426
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1963
Days On Site14
Listing Provided ByZ'Up North Realty, Inc. | Andrea Zupancich

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,427
Garage2
BasementY
Story(s)1
ZoningResidential-Single Family
Acreage2.69
Water FrontYes

Interior

CoolingCentral Air
HeatingForced Air

Exterior

Construction MaterialsFrame
Lot FeaturesAccessible Shoreline

Parking

Parking FeaturesDetached Garage, Gravel, Open

Taxes

Property3718

Area Information

StateMN
CountySt. Louis
CityEly
Zip Code55731
Community NameHegfors Lts Town Of Morse
School District696
High SchoolEly
Listing VS Median (in Hegfors Lts Town Of Morse)
Price:
$710,000
low | high
Med:
$710,000
50% of Average
sqft:
1,427
low | high
Med:
1,427
50% of Average
$ / sqft:
$498
low | high
Med:
$498
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 55731

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 25, 2026 at 6:29:46 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountySt. Louis
CityEly
Zip Code55731
Community NameHegfors Lts Town Of Morse
School District696
High SchoolEly
Listing VS Median (in Hegfors Lts Town Of Morse)
Price:
$710,000
low | high
Med:
$710,000
50% of Average
sqft:
1,427
low | high
Med:
1,427
50% of Average
$ / sqft:
$498
low | high
Med:
$498
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You
Listing Updated: August 18, 2026 at 11:49:50 AM PDT