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Listed price in listed location currency (USD).
$350,000

200

MLS® 7045366

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential
Size 459 sqft
Garage 
Taxes $1,653
Days Active 31
Lot Size 
Approx. Age 2012
Avg. Price Per Sqft $762
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

Living Room:Main FloorNot available
Other:Main FloorNot available
Bedroom 2:Main FloorNot available
Kitchen:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 31, 2026List Date
$350,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
2050 Shipman Is, Ely, MN

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