XXX Olson Bay Tr Ely, MN 55731

$299,500
Active
estimated monthly payment
Recreational  |  MLS # 6124409
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About The Listing

Beautiful Shagawa Lake parcel located on the desirable west end in Olson Bay. This private lake lot offers approximately 4.87 acres with 265 feet of shoreline, fantastic lake views, and a peaceful natural setting. The driveway is already in place and leads to a cleared building site and parking area, making it easy to envision your future Northwoods retreat. Two trails provide access down to the lake, while the gently sloped shoreline, excellent privacy, and beautiful setting on one of Ely’s most sought-after lakes create a rare opportunity to build your ideal lake getaway.


Listing courtesy of Kate Davies, Bear Island Realty LLC
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
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Property Details

Features

 
 
 
Property Type: Lots & Land
Status: Active
MLS #: 6124409
Days On Market (Continuous): 42
Latest Update: 05/19/2026
List Date: 04/06/2026
Listing Agent ID: 7599
Listing Office: Bear Island Realty LLC
Listing Office ID: 31750
Data Source: LSAR - Lake Superior Area REALTORS
Lot Dimensions: 265 x 1000
Lot Size: 4.87 Acres
Lot Features: High,Rolling
View Description: Inland Lake,Panoramic
Waterfront: Inland Lake
School District: Ely
Tax Year: 2026
Estimated Taxes: $1,698
City: Ely
Zip: 55731
Area: LSAR
County: St. Louis County
State: MN
Listing last updated: 05/19/26

The information published and disseminated by the service is communicated verbatim, without change by the service, as filed with the service by the participant. The service does not verify such information provided and disclaims any responsibility for its accuracy. Each participant agrees to hold the service harmless against any liability arising from any inaccuracy or inadequacy of the information such participant provides.