XXX Olson Bay Tr, Ely, MN 55731

Local realty services provided by:CENTURY 21 Atwood
XXX Olson Bay Tr,Ely, MN 55731
$299,500
  • 4.87 Acres
  • Lots / Land
  • Active
Listed by: kate davies
Office: bear island realty llc.
MLS#:6124409
Source:MN_DAAR

Price summary

  • Price:$299,500

About this home

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.

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Home facts

  • Listing ID #:6124409
  • Added:62 day(s) ago
  • Updated:June 10, 2026 at 06:38 PM

Structure and exterior

  • Lot area:4.87 Acres
  • Lot Features:Rolling Slope

Finances and disclosures

  • Price:$299,500
  • Tax amount:$1,698 (2026)

Parking

  • Parking description:Gravel
2026, Lake Superior Area REALTORS, Inc. MN_DAAR Member Broker: Kevin Sharkey