2445 Reed Road, Ely, MN

$1,295,000 - Burntside Lake

4

Beds

3

Baths

4,872

Square feet

5.50

Acres

About 2445 Reed Road

Burntside Lake Retreat – 5.5 Acres with Sandy Shoreline in Highly Sought-After Ely, MN Location! Welcome to a truly rare opportunity on the legendary Burntside Lake, known for its crystal-clear waters, dramatic scenery, and exceptional recreational quality. This year-round Northwoods retreat is set on 5.5 acres with towering pines, privacy, and one of the most desirable sandy, west-facing shorelines on the lake—perfect for swimming, sunbathing, and unforgettable sunsets. The expansive 4,872 sq ft home is as unique as the setting itself, offering three separate yet connected living areas under one roof. Each section includes its own kitchen, bathroom, and living room, allowing for flexible living arrangements—ideal for hosting family, friends, or multi-generational use. These spaces can be opened up for large gatherings or closed off for added privacy. In total, the home features 4 bedrooms, 3 bathrooms, 3 full kitchens and lots of additional space. Tucked just off the main home is a charming 16’ x 24’ dry guest cabin, surrounded by woods and perfect for additional guests, creative space, or quiet retreat. Located on one of the most coveted stretches of Burntside Lake, this property offers the best of lake life with no short-term rentals allowed, ensuring a peaceful and community-focused environment. Burntside is one of Minnesota’s most sought-after lakes—celebrated for its clean waters, stunning shoreline, and proximity to the Boundary Waters Canoe Area Wilderness and Ely’s vibrant community. This is more than a home—it’s a legacy property in a premier location.

Features of 2445 Reed Road

MLS® # 6119844
Price $1,295,000
Bedrooms 4
Bathrooms 3.00
Square Footage 4,872
Acres 5.50
Year Built 1996
Type Single Family
Sub-Type Residential
Style Ranch/Rambler
Status ACTIVE
Lake Name Burntside Lake

Community Information

Address 2445 Reed Road
Area LSAR
City Ely
County St Louis
State MN
Zip Code 55731

Amenities

Amenities Ceiling Fans, Eat-In Kitchen, Natural Woodwork, Main Floor Laundry, Kitchen Center Island
Parking Spaces 1
Parking Driveway - Gravel
Garages Detached
View Inland Lake
Is Waterfront Yes
Waterfront Lake
Has Pool No

Interior

Heating Electric, Baseboard, Dual Fuel/Off Peak, Fireplace, Radiant, Wood Stove
Fireplace Yes
Fireplaces Wood Burning
# of Stories 1
Has Basement Yes
Basement Egress Windows, Finished, Partially Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Kitchen

Exterior

Exterior Wood
Exterior Features Deck, Dock
Lot Description Irregular Lot, Tree Coverage - Heavy, High, BWCA Area
Roof Asphalt Shingles
Construction Frame/Wood
Foundation Poured Concrete, Concrete Block

School Information

District Ely #696

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $7,915
Tax Year 2025
HOA Fees $0
Agent Lori Schulze

Listing Details

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