2050 Shipman, Ely, MN 55731

Ely
Local realty services provided by:ERA Viking Realty
2050 Shipman,Ely, MN 55731
$350,000
  • 2 Beds
  • - Baths
  • 459 sq. ft.
  • Single family
  • Active
Listed by: andrea zupancich
Office: z'up north realty, inc.
MLS#:7045366
Source:NSMLS

Price summary

  • Price:$350,000
  • Price per sq. ft.:$762.53

About this home

Ely's own Shagawa Lake Shipman Island Cabin, all to yourself! You will find it tucked under some towering pines and rugged rock outcroppings, mesmerizing lake views and nearly 900 ft of shoreline. The picturesque coastline is pure Superior National Forest—no neighbors, just loons, eagles, and the occasional moose who thinks he owns the place. Built in 2012, this cozy 560 sq ft 2BR knotty-pine cabin delivers classic Up North charm. Open layout, lakeside deck connects to the kitchen cabin, and a dock with walk-in swimming area that’s basically your own private beach. In the 1800s this island was the summer escape of one of Ely’s original doctors—proof that even back then, the smart ones knew the best way to make house calls was by boat. (The iron ring is still bolted to the west end which was used to corral logs. Now it just corrals compliments.) Shagawa Lake (2,344 acres, max depth 48 ft) is a DNR walleye factory, the walleye ain't waitin' paddle fast to get this one!

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Home facts

  • Year built:2012
  • Listing ID #:7045366
  • Added:1 day(s) ago
  • Updated:March 31, 2026 at 05:56 PM

Rooms and interior

  • Bedrooms:2
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Living area:459 sq. ft.

Heating and cooling

  • Heating:Space Heater

Structure and exterior

  • Roof:Asphalt
  • Year built:2012
  • Building area:459 sq. ft.
  • Lot area:1.75 Acres
  • Levels:1 Story

Utilities

  • Water:Well
  • Sewer:Private Sewer

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$762.53
  • Tax amount:$1,653 (2026)

Features and amenities

  • Appliances:Range, Refrigerator
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