$335,242
$55K since last sold$28K since August
This home's estimate is 29.2% higher than the average sale price ($259K) of 6 comparable homes.
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SOLD
$335,242
2
bd•
1 ba
•
688
sq ft
1892 W Shagawa Rd, Ely, MN 55731
About this home
Quiet family retreat on breathtaking Shagawa. Previously operated as Gateway North Outfitters & Seaplane base. Bunkhouse, 2 cabins, lodge, 2 shops, 150' lakeshore. Cabin decor is cozy knotty pine & painted walls, renovated 3 years ago.New septic
0.92 acresLot Size
$487Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Market trends in 55731, MN
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
95.2%
+0.5% MoM
Median sale price
$272K
$7K MoM
Avg. days on market
41d
12 days MoM
Recently sold homes
34
5 MoM
New listings for sale
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Lifestyle
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