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$325,000

1777 Grant Mcmahan Blvd Ely, MN 55731

160.0 acres
Land

Property details

About 1777 Grant Mcmahan Blvd

Unique large acreage with panoramic views of Shagawa Lake. This stunning wooded parcel features 160 acres overlooking Shagawa Lake near the Echo Trail in Ely. Dynamic characteristics include varying topography, a scenic ravine, and picturesque ridges with established 4-wheeler trails. Not only is the property abundant with wildlife including deer, but there are also generous amounts of wild blueberries to pick and enjoy! The property adjoins hundreds of acres of public land making the recreational opportunities endless! Whether you are looking to build your “up North” cabin, seeking hunting land, or adding acreage to your portfolio, this is a rare opportunity to invest in large acreage located just 5 miles from downtown Ely. Improvements include an established driveway and an existing septic system. Legal access is via a recorded easement from Grant McMahan to the subject property.

Highlights

Home typeUnimproved Land
StatusActive
(ACTIVE)
Lot size160 Acres
MLS #6118738
ViewLake

Summary

  • View: Lake
  • List Price: $325,000
  • Annual Tax Amount: $2,546
  • Tax Year: 2022
  • Lot: Ravine, Many Trees, Some Trees, Rolling/Hilly
  • Directions: From Ely take Hwy 169 East to County Rd 88 (Grant McMahan Blvd). Turn left onto 88 and follow to the property on the north side of the road just past the Echo Trail. Fire #1777.
  • Lot Size: 160 Acres
  • MLS Number: 6118738
  • Office Name: Bear Island Realty LLC
  • Listing Agent: Kate Davies

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/27/2025, 9:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2022$300,700$2,546
2021$248,900$2,482
2020$248,900$2,396
2019$248,900$2,326
2017$183,700$1,668

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

1.7 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

15.4 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

20.3 mi

415 2nd St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,795. Most Ely, MN residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
53%
35k-100k
18%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
5%
Single, with Kids
43%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
52%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 1777 Grant Mcmahan Blvd

The listing price of 1777 Grant Mcmahan Blvd property is $325,000.

The property 1777 Grant Mcmahan Blvd is land located in Ely, Minnesota, 55731.

Active Listing: 1777 Grant Mcmahan Blvd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1777 Grant Mcmahan Blvd are: Washington Elementary School (GreatSchools Rating 7/10), Babbit Elementary School (GreatSchools Rating 4/10), Tower-Soudan Elementary School (GreatSchools Rating 2/10), Memorial Middle School (GreatSchools Rating 4/10), Memorial High School (GreatSchools Rating 8/10), Northeast Range Secondary School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2022 is $2,546 (source: MLS/based on county public records data).

The property 1777 Grant Mcmahan Blvd is 160 acres.

This home is located at 1777 Grant Mcmahan Blvd in Ely, MN and zip code 55731. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $325,000.

Ely, MN housing market in June 2025 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. The inventory of homes for sale in Ely, MN between May and June 2025 increased by 16.7%. In June 2025 median list price was $250,000 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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