TBD Shagawa Lake, Ely, MN 55731
Property image
Property image
OFF MARKET

$71,200

Last sold price

    TBD Shagawa Lake, Ely, MN 55731

    Currently Off Market - Sold Jan 22, 2024 for $71,200

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    XXX Highway 169, Ely, MN
    1.26
    Lot/Land
    $75,000
    01/09/26
    -
    -
    1317 N Pioneer Rd, Ely, MN
    1.89
    Lot/Land
    $270,000
    06/05/26
    -
    -
    TBD Lindbeck Rd, Ely, MN
    2.22
    Lot/Land
    $105,000
    06/15/26
    -
    -
    2128 and 2136 Sibley Court, Ely, MN
    2.61
    Lot/Land
    $38,900
    10/23/25
    -
    -
    1322 N 18th Ave E, Ely, MN
    2.33
    Lot/Land
    $40,000
    01/21/26
    -
    -
    2120 Sibley Dr, Ely, MN
    2.56
    Lot/Land
    $39,000
    07/29/26
    -
    -
    2125 Sibley Court, Ely, MN
    2.56
    Lot/Land
    $490,000
    05/27/26
    -
    -
    TBD Lot 5 Truman LN, Ely, MN
    4.07
    Lot/Land
    $52,900
    12/05/25
    -
    -

    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
    1933 W Shagawa Rd, Ely, MN 55731
    0.31
    $897,700
    3
    2.5
    3,400
    Off Market
    1936 W Shagawa Rd, Ely, MN 55731
    0.33
    $497,600
    3
    3
    -
    Off Market
    1883 W SHAGAWA RD, Ely, MN 55731
    0.47
    $293,900
    4
    2.5
    1,402
    Off Market
    XXX W Shagawa Rd, Ely, MN 55731
    0.48
    -
    -
    -
    -
    Off Market
    1 Shagawa Rd W, Ely, MN 55731
    0.49
    -
    -
    -
    -
    Off Market
    2450 Newgord Dr, Ely, MN 55731
    0.53
    $242,500
    1
    -
    551
    Off Market
    2 Shagawa Rd W, Ely, MN 55731
    0.54
    -
    -
    -
    -
    Off Market
    tbd W Shagawa Rd, Ely, MN 55731
    0.58
    -
    -
    -
    -
    Off Market
    1932 W Shagawa Rd, Ely, MN 55731
    0.59
    -
    4
    2
    2,496
    Off Market
    85 W Chandler St., Ely, MN 55731
    0.72
    $162,900
    3
    1
    1,275
    Off Market
    TBD Hwy 169, Ely, MN 55731
    0.76
    -
    -
    -
    -
    Off Market

    Local Information

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

    Home Highlights

    Lot/Land
    1.4 acre lot

    About this House

    Beautiful island on Shagawa Lake! Conveniently located near Semers Park this island would make a great location for a boathouse and camping getaway. Island has been surveyed and is 1.4+/- acres in size with over 1,300 feet of shoreline. A variance would have to be obtained from St. Louis County to build on this property. Come make memories on your own island!
    TBD Shagawa Lake, Ely, MN 55731 is a lot/land. It last sold for $71,200 on Jan 22, 2024 (5% below the $75,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 15 hours ago
    Listed by Anna Yahnke, (218) 235-3547
    Bear Island Realty LLC
    Kate Davies, (218) 343-9173
    Bought with: Anna Yahnke, (218) 235-3547, Bear Island Realty LLC
    Co-Buyer's Agent: Kate Davies, (218) 343-9173
    Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6100606

    Home Details for TBD Shagawa Lake

    Interior Features

    Appliances & Utilities
    Utilities: DSL, Satellite, None
    Gas & Electric
    Electric: None
    View
    Has a ViewView: Inland Lake, Panoramic

    Exterior Features

    Frontage
    WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Undeveloped)Road Frontage: NoneOn Waterfront
    Water & Sewer
    Water Body: Shagawa
    Farm & Range
    Frontage Length: 1346

    Days on Market

    Cumulative Days on Market: 784

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 465002004190

    Price & Status

    Price
    List Price: $75,000
    Status Change & Dates
    Off Market Date: Wed Jan 03 2024Possession Timing: Immediate

    Active Status

    MLS Status: SOLD

    Location

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

    HOA

    No HOA

    Lot Information

    Lot Area: 1.4 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 6100606Water ViewWater View: LakeAttribution Contact: ***

    Price and Tax history

    DateEventPrice
    Jan 22, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100606
    		Sold
    $71,200
    Jan 3, 2024
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100606
    		Pending
    $75,000
    Nov 10, 2023
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100606
    		PriceChange
    $75,000
    Price decreased by 25%
    Jul 22, 2022
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100606
    		PriceChange
    $99,900
    Price decreased by 20%
    Nov 12, 2021
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100606
    		Listed For Sale
    $125,000

    Market trends in Ely

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    98
    2    MoM

    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 2026-09-08 02:02:29 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 TBD Shagawa Lake

    • What is the price history for TBD Shagawa Lake?
      TBD Shagawa Lake in Ely, MN last sold for $71,200 in January 2024.
    • 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.
    • What are the closest schools to TBD Shagawa Lake?
      The closest schools to TBD Shagawa Lake in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).

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