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Shagawa Lake

Shagawa Lake Market Snapshot

Homes Market Snapshot

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Shagawa Lake Real Estate Listings

Shagawa Lake Homes For Sale

MLS® #: NST7124426
1756 Grant Mcmahan Boulevard
Ely MN 55731
$699,000$
3 Bed | 3 Bath | 1,427 SqFt
2.69 Acres

Newly remodeled with a casual elegant easy feel, this 2,854 sq ft home rests on 211 feet of south-facing shoreline—gradual, inviting, and among ...

Land & Lots Market Snapshot

Active Listings: -
Pending Sales: -
Median Asking Price: -
Highest Priced Property: -
Lowest Priced Property: -
Average Asking Price: -

Last checked: Checking current listings

Shagawa Lake Land & Lots For Sale

MLS® #: NST7026868
23XX Low Creek Road
Ely MN 55731
$129,900$
Bed | Bath | SqFt
8.46 Acres

Discover 8.46 acres of classic Northwoods beauty just 2 miles from Ely — the perfect setting for a year-round home, cabin, or private retreat. T...

The data relating to real estate for sale on this site comes from the Northstar MLS as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for consumers personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participants applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
All properties are subject to prior sale, changes, or withdrawal.
This site was last updated 10-29-2026 5:17:03 AM.

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Recently Sold Shagawa Lake Properties

MLS® #: NST7039929
1852 Grant McMahan Boulevard
Ely MN 55731
$975,000$880,000
3 Bed | 2 Bath | 2,460 SqFt
27.5 Acres

Privately spanning two parcels on a secluded 27.5-acre wooded peninsula, this extraordinary Shagawa Lake property offers an almost unheard-of 2,700+ f...

MLS® #: NST6752756
105 N Klondike Drive
Ely MN 55731
$950,000$875,000
3 Bed | 3 Bath | 2,187 SqFt
0.71 Acres

Exquisite Shagawa Lake Custom Built Home - Beautiful, 2187 sq ft home has 480 ft of shoreline and mature tree cover. Built with Structural Insulated...

MLS® #: NST6502456
1876 Grant Mcmahan Boulevard
Morse Twp MN 55731
$779,000$759,000
3 Bed | 2 Bath | 2,360 SqFt
3 Acres

Welcome to 1876 Grant McMahan. This 3bed, 2bath log home is nestled in 2.7 acres (1.5 across bay) on Shagawa Lake. The home is a perfect blend of rust...

MLS® #: NST6487797
2165 Highway 169
Ely MN 55731
$759,000$759,000
3 Bed | 3 Bath | 2,671 SqFt
4 Acres

The best lake living in the Northland! 2010 upscale custom built gem on Shagawa Lake, 2 miles from Ely. 2400 acre lake with excellent fishing and wa...

MLS® #: NST6748987
1984 Grant McMahan Boulevard
Ely MN 55731
$589,000$614,000
3 Bed | 1 Bath | 912 SqFt
5 Acres

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 l...

MLS® #: NST6686377
1401 N Pioneer Road
Ely MN 55731
$389,900$414,000
2 Bed | 1 Bath | 1,500 SqFt
0.88 Acres

Escape to the serene beauty of Ely, MN with this stunning 2+ bedroom, one-level lake home on picturesque Shagawa Lake. Breathtaking Views: Open conce...

MLS® #: NST6440599
1831 Grant Mcmahan Boulevard
Ely MN 55731
$335,000$320,000
2 Bed | 2 Bath | 878 SqFt
2 Acres

Gorgeous 2 bed 2 bath log home on Shagawa Lake. This property has been professionally renovated and updated for ALL YEAR USE! Tons a relaxing options ...

MLS® #: NST7045366
2050 Shipman
Ely MN 55731
$329,000$290,000
2 Bed | Bath | 459 SqFt
1.75 Acres

Ely''s own Shagawa Lake Shipman Island Cabin, all to yourself! You will find it tucked under some towering pines and rugged rock outcroppings, ...

MLS® #: NST6364833
1161 Highway 169
Morse Twp MN 55731
$292,500$280,000
3 Bed | 3 Bath | 1,586 SqFt
4 Acres

Mid Century Modern Tranquil Country Home Set In Towering Pines & Flowering Crabs On Natural Animal Corridor W/Road To Area For Dock & Boat On Shagawa ...

MLS® #: NST7045066
1317 N Pioneer Road
Ely MN 55731
$280,000$270,000
Bed | Bath | SqFt
1.11 Acres

Build your Northwoods dream on this beautiful lake lot on sought-after Shagawa Lake in Ely! This exceptional property features a rare sandy shoreline,...