Morse Town Of

Privately spanning two parcels on a secluded 27.5-acre wooded peninsula, this extraordinary Shagawa Lake property offers an almost unheard-of 2,700+ feet of southwest-facing shoreline, a scale of waterfront ownership rarely available and nearly impossible to replicate today. With panoramic sunset views, towering pines, and complete privacy just five miles from Ely, this is a true Northwoods legacy property. The centerpiece of this property is a well-built, year-round three-bedroom, two-bathroom home designed for comfort and a strong connection to its surroundings. The spacious living room features vaulted ceilings, a propane fireplace, and floor-to-ceiling windows that frame stunning lake views. Skylights bring in natural light, while rich wood finishes add warmth and character. The kitchen is both stylish and functional, with granite countertops, a tile backsplash, and a center island. Sliding doors lead to a large lakeside deck, perfect for outdoor dining and relaxation. The dining room showcases oak flooring, a bay window, and an open layout ideal for gatherings. Upstairs, three well-appointed bedrooms offer picturesque lake views, with the primary bedroom featuring a private deck. The lower level includes a comfortable entertainment room with custom built-ins, a freestanding propane fireplace, and plenty of space to unwind. Outside, the 2700+ feet of shoreline transitions gracefully between sandy, level beaches and dramatic rock ridges, creating a landscape as diverse as it is beautiful. A 36x40 three-stall garage with steel siding provides ample storage. Modern utilities, including a drilled well and an inspected septic system, ensure ease of ownership. A rare opportunity to acquire a truly private Northwoods year-round retreat on one of Ely’s most sought-after lakes. Properties of this size and shoreline seldom come available.

1852 Grant McMahan Boulevard, Ely, MN, 55731

Street View

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.