2050 Shipman, Ely, Minnesota 55731

MN, Ely
$329,000
  • 2 Beds
  • Residential Property Type
  • 2012 Year Built
  • Pending Status
See All 36 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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 was used to corral logs. Now it just corrals compliments.) Shagawa Lake (2,344 acres, max depth 48 ft) is a DNR walleye factory, the walleye ain’t waitin’ paddle fast to get this one!

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 7045366
  • Price: $329,000
  • Year Built: 2012
  • Waterfront Yn: 1
  • Listing Status: Pending
  • Office Name: Z'Up North Realty, Inc.
  • Property Sub Type: Single Family
  • Roof: Asphalt
Features
  • Heating System Space Heater
  • Cooling System None
  • Basement None
  • Parking None
  • Waterfront Features Lake Front
  • Exterior Features Wood
  • Sewer Private Sewer
Appliances
  • Refrigerator
  • Range
Address Map
  • Country US
  • State MN
  • County St. Louis
  • City Ely
  • Zipcode 55731
  • Street: Shipman
  • Street Number: 2050
  • Longitude: W92° 6' 1.3''
  • Latitude: N47° 55' 3.5''
  • Directions: via boat from landing on NW side of lake Grant McMahon
Neighborhood
  • High School District: Ely
MLS Addon
  • Office Name: Z'Up North Realty, Inc.
Additional Information
  • Water Source: Well
  • Accessibility Features: None
  • Building Size: 459
  • Construction Materials: Frame
  • Electric: Other
  • Foundation Details: Other,Stone
  • Levels: One
  • Lot Size Dimensions: 150.00 x 365.00
Financial
  • Tax Annual Amount: 1653
Listing Information
  • List Agent Mls Id: 502500259
  • List Office Mls Id: 25782
  • Modification Timestamp: 2026-07-16T11:53:06Z
  • Originating System Name: NorthStar
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