MLS: #7045366, Listed By: Andrea Zupancich, Z'Up North Realty, Inc., Source:FargoMoorhead Area Association of REALTORS
2050 Shipman Is
Ely, MN 55731
2
Bed
0
Bath
459Acres
1.75Acres(Lot)
Ely's own Shagawa Lake Shipman Island Cabin, all to yourself! You will find it tucked under some towering pines and rugged rock outcroppings, mesmerizing lake views and nearly 900 ft of shoreline. The picturesque coastline is pure Superior National Forest—no neighbors, just loons, eagles, and the occasional moose who thinks he owns the place. Built in 2012, this cozy 560 sq ft 2BR knotty-pine cabin delivers classic Up North charm. Open layout, lakeside deck connects to the kitchen cabin, and a dock with walk-in swimming area that’s basically your own private beach. In the 1800s this island was the summer escape of one of Ely’s original doctors—proof that even back then, the smart ones knew the best way to make house calls was by boat. (The iron ring is still bolted to the west end which wa
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Room Information
Rooms Total: 4 Basement: None -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Space Heater Cooling: None Water front: 1
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Building Information
Year Built: 2012 Building Area Total: 459 Construction Materials: Frame Stories: 1 Patio And Porch Features: Deck Private Pool: No Water front Features: Lake Front
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Lot Information
Lot Dimensions: 150.00 x 365.00 Main Square Feet: 1.75 Acres Lot Size Acres: 1.75 Lot Size Square Feet: 76230 Lot Description: WaterfrontProperty Information
Subdivision: Morse Town Of Source Property Type: Residential Postal Code Plus 4: 1201 Property SubType: Single Family Residence Levels: One Property Age: 14
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Listing Price Information
Listing Price: $329000 Original Price: $350000 Cash, Conventional
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Tax Information
Parcel Number: 465002004200 Tax Year: 2026 Annual Tax: $1653 Tax Legal Desc: LOT 5
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Parking Information
None
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Location Information
Direction: via boat from landing on NW side of lake Grant McMahon WaterSource: Well
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| X Waters Island, Ely, MN, 55731 | $1,585,000 | 4 | 4 | 2,146 | 2,146 SqFt |
| 13848 Queens Bay Road, Ely, MN, 55731 | $310,000 | 2 | -- | 400 | 400 SqFt |
| 13699 Mill Road, Ely, MN, 55731 | $1,300,000 | 2 | 3 | 3,830 | 3,830 SqFt |
| 12957 W Ridge Road, Ely, MN, 55731 | $554,900 | 4 | 3 | 2,111 | 2,111 SqFt |
| 1280 S White Iron Road, Ely, MN, 55731 | $798,000 | 4 | 3 | 2,371 | 2,371 SqFt |
| 1663 Saari Road, Ely, MN, 55731 | $1,250,000 | 4 | 4 | 5,280 | 5,280 SqFt |
| 1111 E Camp Street, Ely, MN, 55731 | $179,900 | 3 | 1 | 1,238 | 1,238 SqFt |
| 304 E James St Bypass, Ely, MN, 55731 | $230,000 | 3 | 2 | 1,492 | 1,492 SqFt |
| 1728 Maple St St, Ely, MN, 55731 | $340,000 | 1 | 1 | 800 | 800 SqFt |
| 37 E Boundary Street, Ely, MN, 55731 | $203,900 | 2 | 2 | 1,042 | 1,042 SqFt |
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ByOwner last updated this listing 07/20/2026 @ 15:04
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