2056 Mollywood Ln, Ely, MN

$1,495,000 - Burntside Lake

3

Beds

1

Bath

1,350

Square feet

3.40

Acres

About 2056 Mollywood Ln

An idyllic Burntside Lake retreat located up the famed Echo Trail in Ely, Minnesota, this exceptional one-level lake home offers a rare combination of privacy, quality, and premier shoreline. Set on approximately 3.4 wooded acres with approximately 585 feet of gorgeous level shoreline, the property captures the very best of Northwoods lake life in one of the area’s most sought-after locations. The shoreline is truly remarkable, featuring a sand beach, dramatic rock outcroppings, and a new permanent dock perfect for morning coffee, swimming, boating, and quiet evenings by the water. Situated on the quiet east end of Burntside Lake, the completely remodeled 2-bedroom, 1-bath home has been thoughtfully updated with high-quality materials and timeless finishes throughout. Marble tile flooring, granite countertops, top-of-the-line appliances, energy-efficient windows, vaulted ceilings, and an open, airy layout create a relaxed yet refined atmosphere. A beautiful new family room addition expands the living space and provides a comfortable gathering area designed to take in the peaceful lakeside setting. The 1,400 sq. ft. home is complemented by an impressive 1,500 sq. ft. heated garage with attached guest quarters featuring 1-bedroom, a ¾ bath and an open living area/kitchenette, offering excellent space for visitors, hobbies, storage, or year-round use. Additional improvements include a second garage, a beautiful sauna, and two lakeside sheds, adding both function and charm to this extraordinary property. Just 10 minutes from Ely, this Burntside Lake paradise offers the privacy and natural beauty buyers dream of, with convenient access to town. Properties with this much level shoreline, acreage, quality, and character are seldom available. A true premier offering on one of northern Minnesota’s most treasured lakes.

Features of 2056 Mollywood Ln

MLS® # 6126014
Price $1,495,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,350
Acres 3.40
Year Built 2024
Type Single Family
Sub-Type Single Family Detached
Style Traditional
Status Active
Lake Name Burntside Lake

Community Information

Address 2056 Mollywood Ln
City Ely
County St. Louis County
State MN
Zip Code 55731

Amenities

Parking Gravel
# of Garages 4
Is Waterfront No
Waterfront Inland Lake
Has Pool No

Interior

Interior Features Ceiling Fan(s), Garage Door Opener(s), Hardwood Floors, Kitchen Island, Sauna, Vaulted Ceilings, Drywall, Patio Door, Main Floor Laundry
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Heating Propane
Cooling Ductless Mini-Split
Fireplace Yes
# of Fireplaces 2
# of Stories 1
Has Basement No
Basement Crawl Space

Exterior

Exterior Features Deck, Dock, Fenced Yard - Partial, Patio
Lot Description Accessible Shoreline, Tree Coverage - Light, Level
Construction Fiber Board

School Information

District Ely #696

Additional Information

Date Listed June 10th, 2026
Zoning Residential
Foreclosure No
Short Sale No
Taxes $6,683
Tax Year 2026
Office Bear Island Realty LLC

Listing Details

OfficeBear Island Realty LLC

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