Listing Courtesy of: Jeff Hway - Bear Island Realty LLC
218-365-2800
$595,000
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60 W Lakeview Pl Ely, MN 55731
Other
Residence
3
Beds
3
Baths
2,000
Sq. Ft.
1.67
Acre
Lot
Property Activity
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days
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Awesome property located on Shagawa Lake in a large pine tree setting! The main house/lodge is a 2000 square foot year around home that has 3 bedrooms and 3 baths (third one is in process of remodel). The fantastic living area (with balcony above) has great views of the lake and a gorgeous stone wo...od burning fireplace. The feeling of great space is here as it is 2 stories high with vaulted ceilings! The large kitchen is fully set up for commercial use. Full unfinished basement. Also included are 4 furnished classic log cabins that are rented year around and can be used as you see fit for resort use, family retreats, guests, rentals, etc. Currently the cabins are rented to vacationers in the summer and college students in the winter. Each one has a bathroom with shower, etc. Property includes 1.67 acres, and approx. 258 feet of level user-friendly shoreline on Shagawa Lake, locally known as "The Walleye Lake" and is regularly stocked by the DNR. Property is in the Ely city limits and has city water and sewer. Great location that adjoins Ely's Semers Park that has one of the best swimming beaches in the entire area. Also, a garage, bait shop, fish cleaning house by the lake, RV sites with water and electric. This property is currently being operated as a busy resort and restaurant. Seasonal boat slip rentals. Sale includes all furnishings, 4 large docks, and 5 boats and motors, etc. What a fantastic place!!!
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MLS#
6116302
Property Type
Other
Bedrooms
3
Bathrooms
3 Three-Qtr
Square Feet
2,000
sq. ft
Price per Sq. Ft.
$297.50
Lot Size
1.67
Sewer
City Sewer
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