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1852 grant mcmahan boulevard

Ely, MN 55731

$1,380,000

3 BEDS 2 BATHS
2,460 SQFT27.5 AC LOT
Residential - Single Family
WaterfrontNew Listing
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Bedrooms 3
Total Baths 2
Full Baths 1
Square Feet 2460
Acreage 27.5
Status Active
MLS # 6639470
County St. Louis
More Info
Category Residential - Single Family
Status Active
Square Feet 2460
Acreage 27.5
MLS # 6639470
County St. Louis
Set on a secluded 27.5-acre wooded peninsula overlooking the pristine Shagawa Lake, this extraordinary property redefines lakeside living with an ambiance of serene sophistication. With 2,800 feet of southwest-facing shoreline and surrounded by towering pines, this retreat provides an unparalleled sense of privacy and natural beauty, while remaining just five miles from the charming town of Ely. The centerpiece of this estate is a meticulously designed three-bedroom, two-bathroom year-round residence that embodies timeless craftsmanship and modern comfort. Thoughtfully curated with premium materials and an emphasis on harmonious flow, the home offers a seamless blend of functionality and artistry. The main level greets you with an expansive living room with vaulted ceilings, a propane fireplace, and floor-to-ceiling windows that frame breathtaking lake views, allowing natural light to cascade through the space. Two skylights amplify the sense of openness, while rich wood accents add warmth and texture. The kitchen is an entertainer's dream, features granite countertops, a striking tile backsplash, and a central island with seating for two. Sliding patio doors lead to a generous lakeside deck, perfect for alfresco dining and sunset gatherings. Adjacent, the dining room boasts oak flooring, a bay window capturing both southern and eastern views of the lake, and an inviting openness that enhances the flow between spaces. The upper level houses three well-appointed bedrooms with oak floors, ceiling fans, and picturesque lake vistas. The primary bedroom has access to a secluded deck overlooking the water. On the lower level, a versatile open-concept space offers a cozy family room with custom built-ins and a freestanding propane fireplace—ideal for movie nights or quiet evenings. The property’s outdoor features are equally impressive. A large wraparound deck invites you to savor panoramic lake views while the expansive majestic pine forest offers endless opportunities for exploration. The shoreline transitions gracefully between sandy, level beaches and dramatic rock ridges, creating a landscape as diverse as it is beautiful. For the hobbyist or collector, the 36x40 three-stall garage with steel siding provides ample storage and workspace. Modern amenities, including a drilled well, inspected septic system, and steel siding, ensure peace of mind. Positioned just minutes from Ely, this home balances the tranquility of lakeside living with easy access to the area’s vibrant cultural scene, dining, and outdoor recreation. Shagawa Lake offers year-round enjoyment, from boating and fishing in the summer to snowshoeing and ice fishing in the winter, ensuring every season is memorable. This property is more than a home; it’s an invitation to an enriched lifestyle defined by tranquility and connection to nature. Whether you seek a private retreat, a space to host unforgettable gatherings, or a legacy property to cherish for generations, this rare offering presents an exceptional canvas for your vision.
Location not available

Exterior Features

  • Construction Single Family Residence
  • Siding Steel Siding
  • Exterior Additional Garage, Dog Kennel, Storage Shed
  • Roof Age Over 8 Years, Metal
  • Garage Yes
  • Garage Description Detached, Gravel, Asphalt, Garage Door Opener
  • Water Drilled, Private, Well
  • Sewer Mound Septic
  • Lot Dimensions irregular
  • Lot Description Accessible Shoreline, Tree Coverage - Heavy

Interior Features

  • Appliances Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Fuel Tank - Owned, Fuel Tank - Rented, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Heating Baseboard, Boiler, Fireplace(s), Hot Water, Radiator(s)
  • Cooling Ductless Mini-Split
  • Basement Block, Daylight/Lookout Windows, Drainage System, Finished, Partially Finished, Storage Space, Sump Pump, Walkout
  • Fireplaces 1
  • Fireplaces Description Circulating, Free Standing, Gas, Insert, Living Room
  • Living Area 2,460 SQFT
  • Year Built 1976

Neighborhood & Schools

  • Subdivision Morse Town Of

Financial Information

  • Parcel ID 465002002962
  • Zoning Shoreline,Residential-Single Family

Additional Services

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Listing Information

Listing Provided Courtesy of Engel & Volkers Lake Minnetonka - (612) 338-3836
Listings provided courtesy of the Northstar MLS as distributed by MLS GRID.

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