For Sale: Ely MLS# 7124426
Active
NEW!
$710,000
Single Family: 1 Story
3 br • 3 ba • Built 1963
1,427 sqft • 2.69 acres
Ely schools
MLS# 7124426
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Newly remodeled with a casual elegant easy feel, this 2, 854 sq ft home rests on 211 feet of south-facing shoreline—gradual, inviting, and among the finest views on the lake. From nearly every room, light and water unfolds as sunsets pour through Marvin windows into the lakefront living room, while the updated kitchen with island opens through glass doors onto a lakeside deck. The main level offers a serene primary suite with private ¾ bath, two additional bedrooms, and a full bath. Below, the walkout level holds unlimited possibilities: a second master suite, flexible rec or game room, workshop, you name it, and of course - a private lakeside patio. A 2½-stall garage, central air, beautiful yard, reliable internet, and a dock complete the picture. Just miles from Ely and the edge of the Boundary Waters yet set back on a paved drive off a quiet paved road. Shagawa holds some of area’s finest walleye and you can fish almost year-round. Fantastic swimming, kayaking, and fishing begin at the dock. A rare and graceful lakeside home, ready for every season.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$710,000
Price per sq ft:
$498
Property Type:
Single Family
City:
Ely
Garage Spaces:
2
County:
St. Louis
Year Built:
1963
State:
MN
Property Style:
1 Story
Zip Code:
55731
Subdivision Name:
Hegfors Lts Town Of Morse
Interior
Bedrooms:
3
Bathrooms:
3
Finished Area:
1,427 ft2
Total Fireplaces:
1
Living Area:
1,427 ft2
Common Wall:
No
Basement Details:
- Unfinished
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
16X24
Garage Size:
384 ft2
Air Conditioning:
Central Air
Foundation Size:
1,427 ft2
Handicap Accessible:
None
Out Buildings:
Storage Shed
Heating System:
Forced Air
Parking Features:
- Detached Garage
- Gravel
- Open
Exterior Material:
Frame
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
2
| Main Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 8 x 7.8 | 56 |
| Bonus Room | 7 x 11.7 | 77 |
| Dining Room | 11 x 12 | 132 |
| Bedroom | 14 x 10 | 140 |
| Foyer | 10 x 8.6 | 80 |
| Kitchen | 12.6 x 14 | 168 |
| Living Room | 12.7 x 13.10 | 156 |
| Pantry (Walk-In) | 3 x 3 | 9 |
| Bedroom 2 | 9.3 x 12 | 108 |
| Bedroom 3 | 15.7 x 11.9 | 165 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Recreation Room | 21.9 x 29.5 | 609 |
| Utility Room | 7.6 x 9.2 | 63 |
Lake & Waterfront
Waterfront Present:
Y
WF Frontage:
211
Waterfront:
Lake Front
Lot & Land
Acres:
2.69
Geolocation:
47.924277, -91.869574
Lot Dimensions:
588 x 200
Zoning:
Residential-Single Family
Lot Description:
Accessible Shoreline
Schools
School District:
696
District Phone:
2183656166
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,718
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,803
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Propane
Sewer System:
Private Sewer
Water System:
Private
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Z'Up North Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.