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