60 West Lakeview Place

Ely, MN 55731

$595,000
Price
3
Beds
3
Baths
2,000 Sq. Ft.
$298 / Sq. Ft.
2,000
Sq. Ft.
$298
per Sq. Ft.

Description

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 wood 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...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 wood 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!
  1. Listed by Jeff Hway • Bear Island Realty LLC
  2. Listed by Zachary Hway • Bear Island Realty LLC

Property Details for 60 West Lakeview Place

Area
LSAR
Style
Other
Geo Subdivision
MN
Waterfront
Yes
Waterfront Access
Private
Waterfront Name
Shagawa
Waterfront Type
Inland Lake
Zoning (WI)
Business/Commercial
LISTING UPDATED: 12/19/2024 10:48 PM

Property Details for 60 West Lakeview Place

StatusActive
MLS #6116302
Days on Compass87
Taxes$4,576 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSINGLE FAMILY / SF/Detached
Year Built-
Lot Size1.67 AC / 72,745 SF
CountySt. Louis County

Building Information for 60 West Lakeview Place

Stories-Year Built-Building Size-Lot Size1.67 AC / 72,745 SF

Property Information for 60 West Lakeview Place

Summary
Location and General Information
  • City: Ely
  • State: MN
  • County: St. Louis County
  • Directions: In Ely, take Sheridan Street to Central Ave. Turn north and follow to West Shagawa Rd. Turn left and follow to N. Lakeview Place. Turn right and follow to the property on the left.
  • Road Between Waterfront and Home: Yes
  • Road Frontage: City
  • Road Maintenance: Public
  • View: Inland Lake
  • Waterfrontage - ft: 258.0
  • Zip: 55731
Taxes and HOA Information
  • Association Fee: No
  • Parcel Number: 030-0030-02440, 04352, 04347
  • Tax Year: 2024
  • Tax Amount: $4,576.00
Parking
  • Garage Capacity: 2
  • Garage Type: Detached
  • Parking/Driveway: Driveway - Gravel
School Information
  • School District: Ely #696
Property
Property and Assessments
  • Class: SINGLE FAMILY
  • Classification (MN): Commercial
  • Possession: Close Escrow
  • Sub Type: SF/Detached
  • Terms: Cash, Conventional
Lot Information
  • Approx Lot Dimension: Irregular
  • Approx Number of Acres: 1.67
  • Construction Status: Previously Owned
  • Construction Type: Frame/Wood
  • Fin Footage-Above Grade: 2000.0
  • Fin Footage-Below Grade: 0.0
  • Foundation Dimensions: 40 x 36
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Light
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 2000.0
  • Year Built: 0
Utilities
  • Sewer: City
  • Water: City
Interior and Exterior Features
Exterior Features
  • Amenities: Hardwood Floors, Vaulted Ceilings
  • Amenities-Exterior: Balcony, Patio
  • Exterior: Wood
  • Outbuildings: Other Buildings
  • Roof: Asphalt Shingles
Interior Features
  • Air Conditioning: Central
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bath Description: 3/4 Main Floor
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Fireplaces: 1
  • Full Baths: 0
  • Main Floor Bath: Yes
  • Main Floor Bedroom: No
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • 1/2 Baths: 0
  • 1/4 Baths: 0
  • 3/4 Baths: 3
Room Information
Room Information
  • Extra Rooms: Den/Office

Property History for 60 West Lakeview Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 60 West Lakeview Place

Taxable ValueLand$36,400Additions$133,500Total$169,900
Tax Record2024$3,402 ($284 / month)
Home Facts
Beds2Total Finished SqFt2,003 SqFtAbove Grade Finished SqFt2,003 SqFtStories2StyleSingle Family ResidenceCountyST. LOUISAPN030-0030-02440Fireplace TypeHas Fireplace

Schools near 60 West Lakeview Place

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Memorial Secondary
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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60 West Lakeview Place is a single family home for sale in Ely, MN 55731. This property was listed for sale on September 26, 2024 by Bear Island Realty LLC, it's currently listed at $595,000. This listing's school district is Ely Public School District. Nearby schools include Washington Elementary School, Memorial Middle School and Memorial Secondary. 60 West Lakeview Place is a 3-bed, 3-bath, 2,000 sqft single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Bear Island Realty LLC

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/19/2024 10:48 PM