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$589,000

1984 Grant Mcmahan Blvd Unit 1984 Ely, MN 55731

3 beds
1 full
912 sqft
5.0 acres
$646 / sqft
House

Property details

About 1984 Grant Mcmahan Blvd Unit 1984

Welcome to 1984 Grant McMahan Ely, MN. This is a 3 bedroom, 1 bath cabin located on highly desirable Shagawa Lake. Stepping onto this property feels like arriving at your own Boundary Waters campsite. The cabin sits on 5 private acres, with 700 ft of shoreline giving this Ely gem the perfect blend of nature and lake home living. As you stroll through the land, it is easy to notice how unique the property is. The lot is relatively open and flat with a slight slope to the water's edge. As you move East along the shore you will be able to hike a man made trail that takes you through the property’s woods and elevations where you can rest at a vista point to look out over Shagawa. Inside the cabin, you’ll find an updated 3 bed, 1 bath home with charm and craftsmanship throughout. The custom kitchen cabinets, warm finishes, and approachable layout make it both cozy and functional. The crown jewel is the oversized deck. It is ideal for outdoor dining, relaxing in the sun, or soaking in the sounds of the surrounding wilderness. Two bonus structures on the land need a little TLC but add value to this property. One is a guest house perfect for an extra bunk room or home office, and a sauna just inches from the shoreline. Finally, an oversized 2 stall garage provides ample room for all your outdoor gear, boats, and toys. Whether you're looking for a peaceful retreat or a basecamp for adventures, this cabin is a beauty that has it all. Don’t miss this opportunity to own a legacy property just minutes from downtown Ely.

Highlights

HeatingSteam
StatusActive
(CONT OFFER ACCEPTED (WI))
CoolingCentral Air
Size912 sqft
Lot size5 Acres
Year built1963
ParkingDetached
MLS #6120520
Garage2 spaces
WaterfrontLake

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior: Natural Woodwork, Sauna
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached
  • Waterfront: Lake
  • Architectural Style: Rustic Cabin
  • Heating: Steam
  • Cooling: Central Air
  • List Price: $589,000
  • Price/SqFt: $645
  • Lot: Some Trees
  • Directions: Located on Grant McMahan
  • Year Built: 1963
  • Stories: 1
  • Living Area: 912 SqFt
  • Lot Size: 5 Acres
  • MLS Number: 6120520
  • Office Name: Side by Side Realty, LLC
  • Listing Agent: Scott Hoefler

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: 7/25/2025, 2:45:29 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

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

7

Washington Elementary School

Public District PK-5

2.3 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

15.2 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

19.4 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. Typical income of Ely, MN residents is between $35k-100k annually. The majority of families are married, no kids. The majority of 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

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Frequently asked questions

About 1984 Grant Mcmahan Blvd Unit 1984

The listing price of 1984 Grant Mcmahan Blvd Unit 1984 property is $589,000.

The property 1984 Grant Mcmahan Blvd Unit 1984 is a house located in Ely, Minnesota, 55731.

Active Listing: 1984 Grant Mcmahan Blvd Unit 1984 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1984 Grant Mcmahan Blvd Unit 1984 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).

The property at 1984 Grant Mcmahan Blvd Unit 1984 has 3 bedrooms and 1 bathroom.

The property 1984 Grant Mcmahan Blvd Unit 1984 is 912 SqFt (source: MLS/tax record).

The year of construction for 1984 Grant Mcmahan Blvd Unit 1984 is 1963.

This home is located at 1984 Grant Mcmahan Blvd Unit 1984 in Ely, MN and zip code 55731. This 912 square foot home, which was built in 1963, sits on a 5.00 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $589,000.

While more than 3 listings in Ely, MN in June 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. In June 2025 in Ely, MN there were 16.7% more homes for sale than in May. 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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