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!!!
Location not available
Exterior Features
Style Other
Construction Frame/Wood
Siding Wood
Exterior Balcony, Patio
Roof Asphalt Shingles
Garage Yes
Garage Description Detached
Water City
Sewer City
Lot Dimensions Irregular
Lot Description Accessible Shoreline, Irregular Lot, Tree Coverage - Light