$325,000

1777 Grant McMahan Blvd Ely, MN 55731

Estimated payment $2,038/month

Total Views 7,882
160 Acres
$2,031 Price per Acre
6,969,600 Sq Ft Lot

Highlights

  • Lake View
  • No HOA
  • Satellite Dish
  • 160 Acre Lot
  • High Speed Internet
  • Many Trees

About This Lot

Unique large acreage with panoramic views of Shagawa Lake. This stunning wooded parcel features 160 acres overlooking Shagawa Lake near the Echo Trail in Ely. Dynamic characteristics include varying topography, a scenic ravine, and picturesque ridges with established 4-wheeler trails. Not only is the property abundant with wildlife including deer, but there are also generous amounts of wild blueberries to pick and enjoy! The property adjoins hundreds of acres of public land making the recreational opportunities endless! Whether you are looking to build your “up North” cabin, seeking hunting land, or adding acreage to your portfolio, this is a rare opportunity to invest in large acreage located just 5 miles from downtown Ely. Improvements include an established driveway and an existing septic system. Legal access is via a recorded easement from Grant McMahan to the subject property.

Listing Agent

Kate Davies

Bear Island Realty LLC Listed on: 04/17/2025

Co-Listing Agent

Anna Yahnke

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,916

Lot Details

  • 160 Acre Lot
  • Lot Dimensions are 2640 x 2640
  • Lot Has A Rolling Slope
  • Many Trees

Parking

  • Gravel Driveway

Property Views

  • Lake Views

Utilities

  • Private Company Owned Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Phone Available
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Property is near a ravine

Property Details

Property Type

Land

Est. Annual Taxes

$2,916

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: From Ely take Hwy 169 East to County Rd 88 (Grant McMahan Blvd). Turn left onto 88 and follow to the property on the north side of the road just past the Echo Trail. Fire #1777.
  • InternetOptions: DSL, Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 2031.25
  • Road Maintenance: Public
  • Property Sub-Type: Recreational
  • Tax Year: 2025
  • Twp Number: 63
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Available Utilities: Electric, Private Septic, Private Well, Telephone
  • On Site Utilities: Private Septic
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2025-04-17
  • Estimated Lot Dimensions: 2640 x 2640
  • Estimated Number of Acres: 160
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Ravine, Tree Coverage - Heavy, Tree Coverage - Medium, Rolling

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2916

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $325,000 -- --
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6118738

Minnesota St Louis County Ely 55731

1777 Grant McMahan Blvd, Ely, MN

This home is located at 1777 Grant McMahan Blvd, Ely, MN 55731 and is currently priced at $325,000. 1777 Grant McMahan Blvd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Kate Davies
Listing Agent
Kate Davies
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Bear Island Realty LLC
(218) 417-4548