2050 Shipman Is, Ely, MN

House

For Sale

Listed price in listed location currency (USD).

$329,000

200

MLS® 7045366

Overview

Key Facts

Type

Levels Residential

Size 459 sqft

Garage

Taxes $1,653

Days Active 67

Lot Size

Approx. Age 2012

Avg. Price Per Sqft $716

MLS® Number 7045366

Property Address: 2050 Shipman Is, Ely, MN, 55731

Average square foot calculated using Size range provided by listing agent.

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!

MLS® Number7045366

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2012

BasementNone

DrivewayNone

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Rooms

Change to metres

Living Room:Main FloorNot available

Other:Main FloorNot available

Kitchen:Main FloorNot available

Bedroom 2:Main FloorNot available

Price History

Last Sold Price

----

Appreciation

Avg. Days Listed

75 days

Today, For Sale for $329,000

For Sale · 67 days

$329,000

MLS® 7045366

2 months ago

Not Sold Yet

March 2026, For Sale for $329,000

For Sale · 67 days

$329,000

MLS® 7045366

2 months ago

Not Sold Yet

Mar 23, 2026, For Sale for $329,000

Map

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