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1933 W Shagawa Rd, Ely, MN, 55731

$974,500

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Baths
3,400 SqFt
$287/SqFt
House

Location

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1933 W Shagawa Rd, Ely$974,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingTuckunder
Attached Garage2 spaces
Year Built1978
HeatingSteam, Dual System, Fireplace(s), Radiant Floor, Propane, Oil
CoolingCentral Air, Ceiling Fan(s)
WaterfrontLake
FireplaceWood Burning
ViewBay, City Lights, Lake, Panoramic
MLS #6117025
Lot Size2.50 Acres
StatusActive
(ACTIVE)

About 1933 W Shagawa Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1978
  • Stories: 1
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: Canoe Capital Realty, LLC
  • Listing Agent: Jerry Fink

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Range Hood, Microwave, Range, Refrigerator, Washer
  • Interior: Ceiling Fans, Eat-In Kitchen, Ethernet Wired, Garage Door Opener, Hardwood Floors, Hot Tub, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Center Hall, Drywalls, Foyer Entry, Panelled Walls, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Bay, City Lights, Lake, Panoramic
  • Exterior: Deck, Dock, Fenced Yard - Partial, Hot Tub, Patio, Permanent Outdoor Grill, Gutter/Downspout

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Tuckunder

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Irregular Lot, Landscaped, Level
  • Lot Size: 2.50 Acres

Utilities

Utilities Information:

  • Heating: Steam, Dual System, Fireplace(s), Radiant Floor, Propane, Oil
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From downtown Ely, follow North Central Avenue to West Shagawa Road (Semer's Park Road) west to 1933 West Shagawa Road. (1/3 mile past the US Forest Service Seaplane Base)

Price Information

Listing Price Info

Price Summary:

  • List Price: $974,500
  • Price Per SqFt: $287/SqFt
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Housing Market Comparison

See how this home compares to others in Ely, MN.

Med. Sold Price

$266K

Med. Price/SqFt

$222

Avg. Days On Market

93

# of Sold Homes

22

1933 W Shagawa Rd vs Ely

1 DAY ON ROCKET

-92 Days

$974,500

+$708.5K More

$287/SqFt

+$65 More

KEY TAKEAWAY

This property is $708.5K more than the Median Sold Price and $65/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6117025

Listing Office:

  • Office Name: Canoe Capital Realty, LLC
  • Listing Agent: Jerry Fink

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,931

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,988

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-544979
7
/10
  • Washington Elementary School

  • 600 E Harvey St

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-544980
4
/10
  • Babbit Elementary School

  • 30 South Dr

  • 13.92 miles

  • Public District Grades PK-6

school-card-donut-544981
2
/10
  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 19.18 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,795. Most Ely, MN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1933 W Shagawa Rd

What is the listing price of this property?

The listing price of 1933 W Shagawa Rd property is $974,500.

What type of property is this?

The property 1933 W Shagawa Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 1933 W Shagawa Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1933 W Shagawa Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1933 W Shagawa Rd is 3,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1933 W Shagawa Rd is 1978.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›1933 W Shagawa Rd

This home is located at 1933 W Shagawa Rd in Ely, MN and zip code 55731. This 3,400 square foot home, which was built in 1978, sits on a 2.50 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $974,500.

In October 2024 more than 3 listings in Ely, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 16 were sold below. The number of listings in Ely, MN decreased by 4% between September 2024 and October 2024. Listings spent 93 days on the market in October 2024, and had a median list price of $266,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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