1933 W Shagawa Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$897,700

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 3,400 sqft (on 2.50 acres)

1933 W Shagawa Rd, Ely, MN 55731

Est. Refi. Payment $5,672/mo*
Refinance Your Home
Currently Off Market - Sold Apr 4, 2025 for $850,000

Home Value

Trulia Estimate
$898K
Since last month
Decreased$6K (-0.7%)
Since last year
Decreased$16K (-1.7%)
Since last sale
Increased$46K (+5.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +136% in the last 10 years
MonthEstimated value
2026
September 2026$896K
August 2026$898K
July 2026$902K
June 2026$911K
May 2026$884K
April 2026$853K
March 2026$838K
February 2026$824K
January 2026$806K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
105 N Klondike Dr, Ely, MN
1.15
Single-Family Home
$875,000
11/21/25
3
2.5
2,187
1852 Grant McMahan Blvd, Ely, MN
1.10
Single-Family Home
$880,000
05/06/26
3
2
2,460
23 W Harvey St, Ely, MN
0.90
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
85 W Chandler St., Ely, MN
0.62
Single-Family Home
$161,000
11/04/25
3
1
1,275
2450 Newgord Dr, Ely, MN
0.24
Single-Family Home
$240,000
10/03/25
1
-
551
2 E Conan St, Ely, MN
0.97
Single-Family Home
$178,000
08/24/26
3
2
1,472
24 E Conan St, Ely, MN
0.99
Single-Family Home
$272,500
07/10/26
4
1.5
1,400
232 W Sheridan St, Ely, MN
0.74
Single-Family Home
$194,000
10/06/25
3
1
963
45 W Chapman St, Ely, MN
0.87
Single-Family Home
$115,000
06/29/26
4
1.5
1,500
236 Ahola Rd, Ely, MN
1.46
Single-Family Home
$364,000
11/17/25
3
2
2,520

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1936 W Shagawa Rd, Ely, MN 55731
0.08
$497,600
3
3
-
Off Market
1 Shagawa Rd W, Ely, MN 55731
0.18
-
-
-
-
Off Market
XXX W Shagawa Rd, Ely, MN 55731
0.19
-
-
-
-
Off Market
2450 Newgord Dr, Ely, MN 55731
0.24
$242,500
1
-
551
Off Market
1883 W SHAGAWA RD, Ely, MN 55731
0.26
$293,900
4
2.5
1,402
Off Market
TBD Shagawa Lake, Ely, MN 55731
0.31
-
-
-
-
Off Market
1932 W Shagawa Rd, Ely, MN 55731
0.28
-
4
2
2,496
Off Market
2 Shagawa Rd W, Ely, MN 55731
0.30
-
-
-
-
Off Market
tbd W Shagawa Rd, Ely, MN 55731
0.33
-
-
-
-
Off Market
TBD Hwy 169, Ely, MN 55731
0.45
-
-
-
-
Off Market
xxxx Raven Ln, Ely, MN 55731
0.58
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1933 W Shagawa Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1978
2.5 acre lot
3,400 sqft
$264/sqft
4 Car Garage

About this House

Nestled above the tranquil waters of Shagawa Lake's Shaefer Bay, this exquisite Fieldstone home offers a serene retreat with an inviting eastern exposure that floods the interior with morning sunlight. Spanning an impressive 3,368 square feet, this residence redefines luxurious lakeside living, seamlessly blending comfort with style. The spacious layout features three generously sized bedrooms, each designed to provide ample space and privacy, making it ideal for families or those looking to entertain guests. As you enter, you are greeted by a warm and welcoming atmosphere accentuated by large windows that offer breathtaking views of the surrounding nature. The open-concept living area is perfect for gathering, with a modern kitchen that boasts high-end appliances, elegant finishes, and a layout that encourages social interaction. Outside, the property reveals an enchanting landscape, where lush greenery meets the shimmering waters of the lake, presenting a perfect backdrop for outdoor activities or peaceful afternoons spent soaking in the beauty of nature. This home is not just a residence; it's a sanctuary that embodies the spirit of lakeside living. Whether you are toasting marshmallows by the fire pit, enjoying a peaceful morning coffee on the deck, or hosting family and friends for summer barbecues, the possibilities for creating lasting memories are endless. The home is handicapped accessible and has a professional elevator installed from the tuck under garage to the main floor. With its prime location and unparalleled charm, this Fieldstone home is a rare gem on the real estate market, promising a lifestyle defined by relaxation, adventure, and the soothing embrace of nature's beauty. Included is a detached 24 x 32 storage garage with 200 Amp power and a 10 x 109 storage shed.
1933 W Shagawa Rd, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 3,400 sqft single-family home built in 1978. It last sold for $850,000 on Apr 4, 2025 (13% below the $974,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $897,700, with a rent estimate of $3,010/month.
Last check for updates: about 4 hours ago
Listed by Jerry Fink, (218) 343-1318
Canoe Capital Realty, LLC
Bought with: Jerry Fink, (218) 343-1318, Canoe Capital Realty, LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6117025

Home Details for 1933 W Shagawa Rd

Interior Features

Interior Details
Basement: Full,Partial,Unfinished,Walkout,Utility RoomNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Dining Room, Foyer, Great Room, Kitchen, Living Room, Media Room, Other
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (three quarters): 2Number of Bathrooms (quarter): 1
Dimensions and Layout
Living Area: 3400 Square FeetFoundation Area: 2958
Appliances & Utilities
Utilities: DSLAppliances: Water Filtration System, Water Heater-Electric, Water Osmosis System, Water Softener-Owned, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Main Level,Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Boiler,Dual Fuel/Off Peak,Fireplace(s),In Floor Heat,Propane,OilHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Window: Bay Window(s), Vinyl Windows, Wood FramesDoor: Patio DoorFlooring: Hardwood Floors, Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Accessibility: Customized Wheelchair Accessible, Accessible Doors, Accessible Elevator Installed, Stair LiftFloors: Hardwood Floors, Tiled Floors
View
Has a ViewView: Inland Lake, Bay, Panoramic, City Lights

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Deck, PatioFencing: PartialOther Structures: Gazebo, Hot Tub, Screenhouse, OtherExterior: Dock, Hot Tub, Built-in Barbecue, Rain GuttersFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Asphalt,Detached,Tuckunder,Multiple,Drains,Electrical Service,Heat,Insulation,Lift,Plumbing,Utility Room
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private)Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Private Sewer, Mound SepticWater Body: Shagawa
Farm & Range
Frontage Length: 284
Finished Area
Finished Area (above surface): 3400 Square Feet

Days on Market

Cumulative Days on Market: 50

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stone, Frame/Wood
Property Information
Parcel Number: 465005100180, 00190

Price & Status

Price
List Price: $974,500
Status Change & Dates
Off Market Date: Sun Jan 05 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 2.5 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6117025Water ViewWater View: Lake, BayAttribution Contact: ***Above Grade Unfinished Area: 3400

Price and Tax history

DateEventPrice
Apr 4, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117025
Sold
$850,000
Jan 6, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117025
Pending
$974,500
Nov 16, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117025
Listed For Sale
$974,500

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-15 13:37:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1933 W Shagawa Rd

  • What is 1933 W Shagawa Rd estimated to be worth?
    Trulia's estimated value for 1933 W Shagawa Rd in Ely, MN is $897,700.
  • What is the price history for 1933 W Shagawa Rd?
    1933 W Shagawa Rd in Ely, MN last sold for $850,000 in April 2025.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • Does 1933 W Shagawa Rd have air conditioning?
    Yes, 1933 W Shagawa Rd in Ely, MN has air conditioning.
  • Does 1933 W Shagawa Rd have laundry facilities?
    Yes, 1933 W Shagawa Rd in Ely, MN has in-unit laundry.

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 1933 W Shagawa Rd

Skip to last item
Skip to first item

Homes for sale near 1933 W Shagawa Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item