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1852 Grant Mcmahan Boulevard

Ely, MN 55731
  • $1,250,000
  • STATUS: Active
  • ON SITE: 118 Days
  • ID#: 6639470
UPDATED: 9 min ago
$1,250,000
  • 3
    BEDS
  • 27.5
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,460
    SQFT
  • $508
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1976
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Engel & Volkers Lake Minnetonka.

Description

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 fireplaceideal 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.

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IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Smith Team - Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Smith Team - Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Smith Team - Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-05-16T10:22:44.43.

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1852 Grant Mcmahan Boulevard Ely, MN 55731

  • Price: $1,250,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 9 min ago
  • ID#: 6639470
3
Beds
2
Baths
0
½ Baths
27.5
Acres
2,460
SQFT
$508
$/SQFT
1976
Built
Neighborhood:
Morse Town Of
County:
St. Louis
School District:
696 - Ely
Property Description
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 fireplaceideal 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.
Exterior Features

Construction Materials Steel Siding Foundation Area 620 Garage Square Feet 1440 Lake Bottom GravelRockySandUndeveloped Lake Depth 48 Levels Two Lot Features Accessible ShorelineMany Trees Lot Size Dimensions irregular Other Structures Additional GarageDog KennelStorage Shed Parking Features DetachedGravelAsphaltGarage Door Opener Road Frontage Type Private Road Roof Age Over 8 YearsMetal View City LightsEastLakePanoramicSouthWest Waterfront Features Lake FrontLake View Waterfront Feet 2800 Waterfront YN Yes

Interior Features

Above Grade Finished Area 1840 Amenities Unit BalconyCeiling Fan(s)City ViewDeckHardwood FloorsKitchen Center IslandKitchen WindowNatural WoodworkSkylightVaulted Ceiling(s)Washer/Dryer Hookup Appliances DishwasherDryerENERGY STAR Qualified AppliancesExhaust FanFreezerFuel Tank - OwnedFuel Tank - RentedWater Filtration SystemMicrowaveRangeRefrigeratorStainless Steel AppliancesWasherWater Softener Owned Basement BlockDaylight/Lookout WindowsDrainage SystemFinishedPartially FinishedStorage SpaceSump PumpWalkout Bath Desc Main Floor 3/4 BathUpper Level Full BathJetted Tub Bathrooms One Quarter 0 Below Grade Finished Area 620 Cooling Ductless Mini-Split Dining Room Description Breakfast BarSeparate/Formal Dining Room Fireplace Features CirculatingFree StandingGasInsertLiving Room Fireplace YN Yes Fireplaces Total 2 Heating BaseboardBoilerFireplace(s)Hot WaterRadiator(s) Room Type Living RoomKitchenDining RoomLaundryBathroomBedroom 1Bedroom 2Bedroom 3Great RoomUtility Room Rooms Living Room (Main Level 19x13) Kitchen (Main Level 15x13) Dining Room (Main Level 13x12) Laundry (Main Level 12x9) Bathroom (Main Level 16x8) Bedroom 1 (Upper Level 14x10) Bedroom 2 (Upper Level 17x15) Bedroom 3 (Upper Level 11x11) Bathroom (Upper Level 8x6) Great Room (Lower Level 29x25) Utility Room (Lower Level 29x14) Special Search 3 BR on One LevelMain Floor Laundry

Property Features

Accessibility Features None Additional Parcels YN Yes Assessment Pending Yes Association Fee 0 Association YN No Contingency None Electric Circuit Breakers150 Amp Service Foreclosure Status No Fractional Ownership YN No Fuel OilPropane Lake Acres 2344 Lake Chain No Land Lease YN No Lender Owned No Manufactured Home No New Construction YN No Postal City Ely Potential Short Sale No Power Company Name Lake Country Power Present Use Yearly Property Attached YN No Property Sub Type Single Family Residence Rental License YN No Road Between Waterfront And Home YN No Road Responsibility Private Maintained Road Sewer Mound Septic Tax Annual Amount 9637 Tax With Assessments 9722.0000 Tax Year 2024 Water Body Name Shagawa Water Source DrilledPrivateWell Zoning Description ShorelineResidential-Single Family

NorthstarMLS] logo © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Engel & Volkers Lake Minnetonka: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Smith Team - Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Smith Team - Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Smith Team - Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-05-16T10:22:44.43.

Click here for Digital Millennium Copyright Act
 
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The Smith Team - Keller Williams Premier Realty
3555 Willow Lake Blvd #100
Vadnais Heights MN, 55110
NorthstarMLS] logo Listing courtesy of Engel & Volkers Lake Minnetonka.