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1984 Grant Mcmahan Boulevard

Morse Twp, MN 55731

3 beds
1 bath
912 sqft
~5 acre lot
$645 per sqft
1963 build
– on site

Updated Cabin on Lake Shagawa – 5 Private Acres, 700’ Shoreline, and Breathtaking Vistas Stepping onto this property feels like arriving at your own private Boundary Waters campsite only with modern comforts and thoughtful updates. Nestled on 5 acres with a rare 700 ft of shoreline on Lake Shagawa, this Ely gem offers a perfect blend of wild Northwoods beauty and refined cabin living. The lot is a true Northwoods retreat. It is flat and accessible near the water, yet wooded on the front half of the property. There is a trail that winds up to a stunning lookout point showcasing panoramic views of Shagawa Lake. Inside the cabin, you’ll find an updated 3-bedroom, 1-bath home with charm and craftsmanship throughout. The custom kitchen cabinets, warm finishes, and approachable layout make it both cozy and functional. The crown jewel is the oversized deck. It is ideal for outdoor dining, relaxing in the sun, or soaking in the sounds of the surrounding wilderness. Two bonus structures on the land need a little TLC but add tons of value to this property. One is a guest house perfect for extra bunk room or home office, and a sauna just inches from the shoreline. Finally, a large 2-stall garage provides ample room for all your outdoor gear, boats, and toys. Whether you're looking for a peaceful retreat, a basecamp for adventures this cabin is a beauty that has it all. Just minutes from downtown Ely. Don’t miss this opportunity to own a legacy property.

Listing courtesy of NORTHSTAR / Scott Hoefler / Side by Side Realty LLC

Last checked: Checking… • Last updated Jul 3, 2025 •

MLS# 6748987 —

The Building

Year Built:

1963
New Construction:

false
Age Of Property:

62
Construction Materials:

Fiber Cement
Construction Materials Desc:

Block
Roof:

Metal
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

912.0000
Basement:

Crawl Space
Basement:

true
Foundation Area:

912
Foundation Dimensions:

36x25
Manufactured Home:

No
Building Area Total:

912
Above Grade Finished Area:

912

Interior

Dining Room Description:

Informal Dining Room
Fireplace:

false
Amenities:

Deck,Dock,Natural Woodwork,Sauna

Room Dimensions

Living Area:

912

Location

Directions:

Located on Grant McMahan
Latitude:

47.92528
Longitude:

-91.893661

The Property

Parcel Number:

465002002760
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Many Trees
Lot Size Area:

5
Lot Size SqFt:

217800
Lot Size Units:

Acres
View:

Lake, South
Lake Chain:

N
Lake Acres:

2344
Lake Depth:

48
Water Body Name:

Shagawa
Waterfront Feet:

700
Road Between Waterfront and Home:

No
Water Source:

Well
Other Structures:

Additional Garage, Guest House, Sauna, Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

3954
Tax With Assessments:

3954.0000

Beds

Bedrooms Total:

3

Baths

Total Baths:

1
Bath Description:

Main Floor Full Bath
Full Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

Septic System Compliant - Yes

Appliances

Appliances:

Dryer, Electric Water Heater, Range, Refrigerator, Washer

Schools

High School District:

Ely

The Community

Subdivision Name:

Morse Town Of
Waterfront:

true
Waterfront Features:

Dock, Lake Front
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Detached, Gravel, Open
Garage Spaces:

2
Garage Door Height:

16
Garage Door Width:

7
Garage Dimensions:

30x24
Garage SqFt:

720

Monthly cost estimate

Asking price

$589,000

Expense	Monthly cost
Mortgage	$3,153
Taxes	$329
Insurance	$161
Utilities	$180 See report
Total	$3,823/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price
7/2/25 Jul 2, 2025	Listed / Active	NORTHSTAR	$589,000
9/4/15 Sep 4, 2015	Sold	DAAR
2/3/15 Feb 3, 2015	Listed / Active	DAAR

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This house located in MN 55731 is currently for sale for $589,000. 1984 Grant Mcmahan Boulevard is a 912 square foot house with 3 beds and 1 bath that has been on Estately for 1 days. This house is in the attendance area of Ely Memorial School and Washington Elementary School.

Listing Courtesy of: NORTHSTAR and Side by Side Realty LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.