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2050 Shipman Island, 
Ely, MN 55731

$350,000


2

Beds


Bath


560

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Andrea Zupancich

Z' Up North Realty

Last updated:

April 26, 2026, 03:08 PM

MLS#

6124158

Source:

MN DAAR

About This Home

2050 Shipman Island

Ely's own Shagawa Lake Shipman Island Cabin, all to yourself! You will find it tucked under some towering pines and rugged rock outcroppings, mesmerizing lake views and nearly 900 ft of shoreline. The picturesque coastline is pure Superior National Forest—no neighbors, just loons, eagles, and the occasional moose who thinks he owns the place. Built in 2012, this cozy 560 sq ft 2BR knotty-pine cabin delivers classic Up North charm. Open layout, lakeside deck connects to the kitchen cabin, and a dock with walk-in swimming area that’s basically your own private beach. In the 1800s this island was the summer escape of one of Ely’s original doctors—proof that even back then, the smart ones knew the best way to make house calls was by boat. (The iron ring is still bolted to the west end which was used to corral logs. Now it just corrals compliments.) Shagawa Lake (2,344 acres, max depth 48 ft) is a DNR walleye factory, the walleye ain't waitin' paddle fast to get this one!

Home Facts

Single Family

2 Bedrooms

Built in 2012

Price Summary

350,000

$625 per Sq. Ft.

MLS #:

6124158

Last Updated:

April 26, 2026, 03:08 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Interior

Living Area:

560 Sq. Ft.


Structure

Structure

Architectural Style:

Rustic

Building Area:

560 Sq. Ft.

Year Built:

2012


Lot

Lot Size (Sq. Ft):

76,230


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$625 per Sq. Ft.

Source:MN DAAR
2026, Lake Superior Area REALTORS, Inc.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.