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Overview
Location
Mortgage
2279 Grant Mcmahan Blvd Ely, MN 55731
$1,350,000
CLOSEDBeds
15
Baths
10
Sqft
0
Acres
10.73
Year
2013
Close Date
Jan 2, 2024
Property Type
Commercial Sale
Sub Type
Date Listed
Jul 6, 2022
Description of 2279 Grant Mcmahan Blvd, Ely, MN 55731
Listing details for 2279 Grant Mcmahan Blvd, Ely, MN 55731 : BRING OFFER! Full Service Boundary Waters Area Resort With BOOKS THAT EASILY SUPPORT THE ASKING PRICE. Set on paved road with 10.7 acres and 1,015 ft south facing lakeshore on beautiful Shagawa Lake, just 7 miles to Ely. Property offers 10 cabins, fishing boat rentals & the largest fleet of pontoon boat rentals in the area. Ample room for expansion in this growing market! Shagawa is a 2344 acre lake, 48 ft deep, historically one of the best walleye lakes in the area where anglers pursue them nearly year round. Turn key opportunity to own your own popular business on a popular lake! Call today!
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Listing Updated : 08-24-2026 at 4:28 PM CDT
Property Details
Property Overview
Listing Price
$1,750,000
MLS #ID
6231217
Close Price
$1,350,000
Close Date
Jan 2, 2024
Bedrooms
15
Bathrooms
10
Square Footage
0
Acres
10.73
Year
2013
Days on Site
52 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Jul 6, 2022
Location
Street Address
2279 Grant Mcmahan Blvd
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From Ely, Hwy 169 to Grant McMahan Blvd to resort sign.
Schools
School District
Home Specification
Bedrooms
15
Bathrooms
9 Full / 1 Half
Construction / Architecture
Year Built
2013
Roof
Metal
New Construction
No
Price per Sq Ft
$0
Lot Features
Irregular Lot
Lot Size (Acres)
10.73
Lot Dimensions
1017X1015
Interior Details
Fireplace
No
Heating
Forced Air
Cooling
Window Unit(s)
Exterior Details
Garage
No
Parking Features
Gravel
Exterior Features
Wood
Fencing
None
Water Source
Private
Sewer
Private Sewer
Taxes, HOA & Financing
Annual Property Tax
$3,758.00
HOA Fee Includes
None
Association Amenities
Beach, Deck and Porch
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6231217
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Property History
DateEventPrice
1/2/2024
Sold
$1,350,000
Source:NorthstarMLS #NST6231217
NorthstarMLS #NST6231217 7/6/2022
Listed for sale
—
Source:NorthstarMLS #NST6231217
NorthstarMLS #NST6231217Location of 2279 Grant Mcmahan Blvd, Ely, MN 55731
Streetview of 2279 Grant Mcmahan Blvd, Ely, MN 55731
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Based on information submitted to the MLS GRID as of 2026-08-24. 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.
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